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Mitsubishi Heavy Industries (TSE:7011) Cyclically Adjusted Book per Share : 円527.55 (As of Mar. 2025)


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What is Mitsubishi Heavy Industries Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Mitsubishi Heavy Industries's adjusted book value per share for the three months ended in Mar. 2025 was 円698.925. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is 円527.55 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Mitsubishi Heavy Industries's average Cyclically Adjusted Book Growth Rate was -100.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Mitsubishi Heavy Industries was 3.80% per year. The lowest was -0.10% per year. And the median was 1.55% per year.

As of today (2025-05-13), Mitsubishi Heavy Industries's current stock price is 円2736.50. Mitsubishi Heavy Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was 円527.55. Mitsubishi Heavy Industries's Cyclically Adjusted PB Ratio of today is 5.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mitsubishi Heavy Industries was 5.49. The lowest was 0.49. And the median was 0.98.


Mitsubishi Heavy Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mitsubishi Heavy Industries's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mitsubishi Heavy Industries Cyclically Adjusted Book per Share Chart

Mitsubishi Heavy Industries Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 447.60 455.58 477.82 500.72 527.55

Mitsubishi Heavy Industries Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 500.72 - 511.61 523.21 527.55

Competitive Comparison of Mitsubishi Heavy Industries's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Mitsubishi Heavy Industries's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mitsubishi Heavy Industries's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mitsubishi Heavy Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mitsubishi Heavy Industries's Cyclically Adjusted PB Ratio falls into.


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Mitsubishi Heavy Industries Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Mitsubishi Heavy Industries's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=698.925/111.1000*111.1000
=698.925

Current CPI (Mar. 2025) = 111.1000.

Mitsubishi Heavy Industries Quarterly Data

Book Value per Share CPI Adj_Book
201506 543.335 98.400 613.461
201509 525.972 98.500 593.254
201512 527.454 98.100 597.351
201603 501.078 97.900 568.639
201606 472.216 98.100 534.793
201609 471.260 98.000 534.255
201612 501.045 98.400 565.712
201703 418.150 98.100 473.562
201706 533.292 98.500 601.510
201709 546.984 98.800 615.080
201712 549.448 99.400 614.121
201803 406.933 99.200 455.749
201806 419.279 99.200 469.576
201809 427.484 99.900 475.410
201812 410.825 99.700 457.800
201903 420.470 99.700 468.548
201906 412.036 99.800 458.689
201909 416.179 100.100 461.913
201912 392.361 100.500 433.744
202003 362.773 100.300 401.835
202006 339.418 99.900 377.471
202009 340.531 99.900 378.709
202012 363.485 99.300 406.679
202103 406.472 99.900 452.042
202106 403.698 99.500 450.762
202109 409.671 100.100 454.690
202112 415.291 100.100 460.927
202203 469.642 101.100 516.095
202206 482.948 101.800 527.068
202209 496.564 103.100 535.095
202212 487.667 104.100 520.459
202303 518.603 104.400 551.885
202306 551.604 105.200 582.540
202309 570.333 106.200 596.648
202312 570.735 106.800 593.714
202403 667.863 107.200 692.160
202406 0.000 108.200 0.000
202409 671.754 108.900 685.325
202412 695.898 110.700 698.413
202503 698.925 111.100 698.925

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Mitsubishi Heavy Industries  (TSE:7011) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Mitsubishi Heavy Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2736.50/527.55
=5.19

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mitsubishi Heavy Industries was 5.49. The lowest was 0.49. And the median was 0.98.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Mitsubishi Heavy Industries Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Mitsubishi Heavy Industries's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Mitsubishi Heavy Industries Business Description

Traded in Other Exchanges
Address
2-3 Marunouchi 3-chome, Chiyoda-ku, Tokyo, JPN, 100-8332
Mitsubishi Heavy Industries Ltd is engaged in the manufacturing and sale of ships, industrial machinery, and aircraft. The segments of the company are Energy, Plants and Infrastructure Systems, Logistics, Thermal and Drive Systems, and Aircraft, Defense, and Space. The company earns maximum revenue from the energy segment which handles clean gas, steam power systems, nuclear power systems, compressors, and marine machinery. The Plants and Infrastructure Systems segment of the company deals with commercial ships, engineering, machine tools, and machinery systems; Logistics, Thermal, and Drive Systems provide material handling systems, engines, HVAC systems, and automotive air-conditioners; and the Aircraft, Defense, and Space cover commercial aircraft, defense aircraft, and others.

Mitsubishi Heavy Industries Headlines

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