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Paris Miki Holdings (TSE:7455) Cyclically Adjusted Book per Share : 円683.17 (As of Sep. 2024)


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What is Paris Miki 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.

Paris Miki Holdings's adjusted book value per share for the three months ended in Sep. 2024 was 円583.813. 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683.17 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Paris Miki Holdings's average Cyclically Adjusted Book Growth Rate was -0.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.70% 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 Paris Miki Holdings was -1.90% per year. The lowest was -3.60% per year. And the median was -3.20% per year.

As of today (2025-05-29), Paris Miki Holdings's current stock price is 円288.00. Paris Miki Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円683.17. Paris Miki Holdings's Cyclically Adjusted PB Ratio of today is 0.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Paris Miki Holdings was 0.79. The lowest was 0.26. And the median was 0.43.


Paris Miki Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Paris Miki 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.

Paris Miki Holdings Cyclically Adjusted Book per Share Chart

Paris Miki Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 753.68 719.51 697.89 690.06 679.08

Paris Miki Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 687.91 687.06 683.70 679.08 683.17

Competitive Comparison of Paris Miki Holdings's Cyclically Adjusted Book per Share

For the Specialty Retail subindustry, Paris Miki 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.


Paris Miki Holdings's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Paris Miki Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Paris Miki 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, Paris Miki Holdings's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=583.813/108.9000*108.9000
=583.813

Current CPI (Sep. 2024) = 108.9000.

Paris Miki Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201409 773.133 98.500 854.763
201412 768.297 97.900 854.623
201503 763.907 97.900 849.739
201506 762.043 98.400 843.359
201509 765.325 98.500 846.131
201512 751.263 98.100 833.971
201603 729.445 97.900 811.405
201606 715.498 98.100 794.268
201609 710.293 98.000 789.295
201612 698.716 98.400 773.274
201703 676.839 98.100 751.353
201706 672.035 98.500 742.991
201709 680.924 98.800 750.533
201712 677.092 99.400 741.804
201803 643.208 99.200 706.102
201806 636.831 99.200 699.102
201809 642.619 99.900 700.513
201812 631.220 99.700 689.467
201903 599.859 99.700 655.212
201906 594.777 99.800 649.010
201909 602.814 100.100 655.809
201912 599.445 100.500 649.548
202003 577.440 100.300 626.951
202006 543.075 99.900 592.001
202009 566.005 99.900 616.996
202012 572.008 99.300 627.308
202103 563.989 99.900 614.799
202106 550.486 99.500 602.492
202109 554.560 100.100 603.313
202112 556.942 100.100 605.904
202203 532.752 101.100 573.855
202206 534.307 101.800 571.572
202209 546.609 103.100 577.359
202212 548.105 104.100 573.378
202303 546.077 104.400 569.615
202306 556.509 105.200 576.082
202309 576.841 106.200 591.506
202312 580.711 106.800 592.129
202403 576.349 107.200 585.489
202409 583.813 108.900 583.813

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


Paris Miki Holdings  (TSE:7455) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=288.00/683.17
=0.42

* 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 Paris Miki Holdings was 0.79. The lowest was 0.26. And the median was 0.43.


Be Aware

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


Paris Miki Holdings Cyclically Adjusted Book per Share Related Terms

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


Paris Miki Holdings Business Description

Traded in Other Exchanges
N/A
Address
15-16 Shin-Yokohama 2-Chome, Kohoku-Ku, Yokohama, JPN
Paris Miki Holdings Inc is a Japanese-based company operating an optical chain store. It provides eyeglasses, contact lenses, and after-sales service which extends to its network of stores located in Japan, France, Germany, UK, Singapore, Malaysia, Thailand, Indonesia, China, Taiwan, Australia, and the USA.

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