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Daiichikosho Co (TSE:7458) Cyclically Adjusted Book per Share : 円1,088.34 (As of Dec. 2023)


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What is Daiichikosho Co 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.

Daiichikosho Co's adjusted book value per share for the three months ended in Dec. 2023 was 円987.403. 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1,088.34 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Daiichikosho Co'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 Daiichikosho Co was 5.30% per year. The lowest was 3.70% per year. And the median was 4.20% per year.

As of today (2024-05-21), Daiichikosho Co's current stock price is 円1696.50. Daiichikosho Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,088.34. Daiichikosho Co's Cyclically Adjusted PB Ratio of today is 1.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Daiichikosho Co was 3.57. The lowest was 1.39. And the median was 2.08.


Daiichikosho Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Daiichikosho Co'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.

Daiichikosho Co Cyclically Adjusted Book per Share Chart

Daiichikosho Co 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 952.80 987.62 1,018.33 1,062.12 -

Daiichikosho Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,062.12 1,071.14 1,081.85 1,088.34 -

Competitive Comparison of Daiichikosho Co's Cyclically Adjusted Book per Share

For the Leisure subindustry, Daiichikosho Co'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.


Daiichikosho Co's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Daiichikosho Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Daiichikosho Co 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, Daiichikosho Co'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)
=987.403/106.8000*106.8000
=987.403

Current CPI (Dec. 2023) = 106.8000.

Daiichikosho Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 868.334 95.700 969.050
201406 882.219 98.000 961.439
201409 906.037 98.500 982.383
201412 915.775 97.900 999.027
201503 939.705 97.900 1,025.133
201506 939.377 98.400 1,019.568
201509 940.944 98.500 1,020.232
201512 953.602 98.100 1,038.172
201603 967.214 97.900 1,055.143
201606 967.838 98.100 1,053.671
201609 997.397 98.000 1,086.959
201612 1,010.343 98.400 1,096.592
201703 1,030.544 98.100 1,121.938
201706 1,036.233 98.500 1,123.550
201709 1,063.667 98.800 1,149.794
201712 1,075.771 99.400 1,155.859
201803 1,088.286 99.200 1,171.663
201806 1,094.404 99.200 1,178.249
201809 1,124.412 99.900 1,202.074
201812 1,149.398 99.700 1,231.251
201903 1,158.056 99.700 1,240.525
201906 1,160.525 99.800 1,241.925
201909 1,188.720 100.100 1,268.285
201912 1,199.688 100.500 1,274.892
202003 1,195.908 100.300 1,273.410
202006 1,121.013 99.900 1,198.440
202009 1,132.755 99.900 1,210.993
202012 1,103.617 99.300 1,186.972
202103 959.650 99.900 1,025.932
202106 929.854 99.500 998.074
202109 919.037 100.100 980.551
202112 949.041 100.100 1,012.563
202203 950.323 101.100 1,003.902
202206 953.565 101.800 1,000.400
202209 978.834 103.100 1,013.962
202212 980.849 104.100 1,006.289
202303 977.598 104.400 1,000.072
202306 967.308 105.200 982.020
202309 979.617 106.200 985.152
202312 987.403 106.800 987.403

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


Daiichikosho Co  (TSE:7458) 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.

Daiichikosho Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1696.50/1088.34
=1.56

* 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 Daiichikosho Co was 3.57. The lowest was 1.39. And the median was 2.08.


Be Aware

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


Daiichikosho Co Cyclically Adjusted Book per Share Related Terms

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


Daiichikosho Co (TSE:7458) Business Description

Traded in Other Exchanges
N/A
Address
5-5-26 Kita-shinagawa, Shinagawa-ku, Tokyo, JPN, 141-8701
Daiichikosho Co Ltd is a Japanese electronics company engaged. It is engaged in the manufacturing, sale, and leasing of karaoke software and equipment. The company businesses include Professional karaoke business; Karaoke/restaurant business; Record label business; Elder business; Franchise business; Parking business; BGM broadcasting business; and Web business.

Daiichikosho Co (TSE:7458) Headlines

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