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Jimoto Holdings (TSE:7161) Cyclically Adjusted Book per Share : 円6,233.92 (As of Dec. 2023)


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What is Jimoto Holdings 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.

Jimoto Holdings's adjusted book value per share for the three months ended in Dec. 2023 was 円3,726.880. 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6,233.92 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Jimoto Holdings's average Cyclically Adjusted Book Growth Rate was -1.50% 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.

As of today (2024-05-22), Jimoto Holdings's current stock price is 円412.00. Jimoto Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円6,233.92. Jimoto Holdings's Cyclically Adjusted PB Ratio of today is 0.07.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Jimoto Holdings was 0.11. The lowest was 0.06. And the median was 0.07.


Jimoto Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Jimoto Holdings'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.

Jimoto Holdings Cyclically Adjusted Book per Share Chart

Jimoto Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 6,275.81

Jimoto Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6,325.87 6,275.81 6,261.12 6,270.57 6,233.92

Competitive Comparison of Jimoto Holdings's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Jimoto Holdings'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.


Jimoto Holdings's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Jimoto Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jimoto Holdings's Cyclically Adjusted PB Ratio falls into.



Jimoto Holdings 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, Jimoto Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3726.88/106.8000*106.8000
=3,726.880

Current CPI (Dec. 2023) = 106.8000.

Jimoto Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 5,810.248 95.700 6,484.164
201406 6,016.549 98.000 6,556.811
201409 6,168.094 98.500 6,687.842
201412 6,519.982 97.900 7,112.708
201503 6,506.656 97.900 7,098.170
201506 6,596.837 98.400 7,159.982
201509 6,389.695 98.500 6,928.116
201512 6,546.742 98.100 7,127.340
201603 6,394.930 97.900 6,976.287
201606 6,315.148 98.100 6,875.207
201609 6,360.490 98.000 6,931.636
201612 6,519.551 98.400 7,076.098
201703 6,449.500 98.100 7,021.474
201706 6,449.948 98.500 6,993.446
201709 6,515.112 98.800 7,042.651
201712 6,620.633 99.400 7,113.517
201803 6,445.453 99.200 6,939.258
201806 6,457.825 99.200 6,952.578
201809 6,563.086 99.900 7,016.392
201812 6,361.112 99.700 6,814.110
201903 6,457.195 99.700 6,917.035
201906 6,443.371 99.800 6,895.311
201909 6,436.082 100.100 6,866.869
201912 6,360.981 100.500 6,759.729
202003 6,220.096 100.300 6,623.193
202006 6,344.890 99.900 6,783.126
202009 6,328.285 99.900 6,765.374
202012 6,473.436 99.300 6,962.366
202103 5,414.630 99.900 5,788.613
202106 5,399.580 99.500 5,795.730
202109 5,399.859 100.100 5,761.288
202112 5,433.501 100.100 5,797.182
202203 4,691.081 101.100 4,955.563
202206 4,170.072 101.800 4,374.889
202209 3,790.041 103.100 3,926.056
202212 3,749.831 104.100 3,847.089
202303 3,615.165 104.400 3,698.272
202306 3,659.712 105.200 3,715.373
202309 4,463.787 106.200 4,489.006
202312 3,726.880 106.800 3,726.880

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


Jimoto Holdings  (TSE:7161) 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.

Jimoto Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=412.00/6233.92
=0.07

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Jimoto Holdings was 0.11. The lowest was 0.06. And the median was 0.07.


Be Aware

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


Jimoto Holdings Cyclically Adjusted Book per Share Related Terms

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


Jimoto Holdings (TSE:7161) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2-1-1 Ichiban Machi, Aoba-ku, Sendai, JPN
Jimoto Holdings Inc is a Japanese company engaged in banking business.

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