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I. A. Group (TSE:7509) Cyclically Adjusted Book per Share : 円9,835.77 (As of Sep. 2024)


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What is I. A. Group 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.

I. A. Group's adjusted book value per share for the three months ended in Sep. 2024 was 円10,059.839. 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9,835.77 for the trailing ten years ended in Sep. 2024.

During the past 12 months, I. A. Group's average Cyclically Adjusted Book Growth Rate was 4.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.00% 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 I. A. Group was 4.40% per year. The lowest was 3.80% per year. And the median was 4.00% per year.

As of today (2025-05-27), I. A. Group's current stock price is 円3490.00. I. A. Group's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円9,835.77. I. A. Group's Cyclically Adjusted PB Ratio of today is 0.35.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of I. A. Group was 0.52. The lowest was 0.31. And the median was 0.39.


I. A. Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for I. A. Group'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.

I. A. Group Cyclically Adjusted Book per Share Chart

I. A. Group 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 8,305.03 8,530.36 8,839.71 9,282.65 9,649.57

I. A. Group 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 9,383.77 9,501.40 9,584.19 9,649.57 9,835.77

Competitive Comparison of I. A. Group's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, I. A. Group'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.


I. A. Group's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, I. A. Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where I. A. Group's Cyclically Adjusted PB Ratio falls into.


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I. A. Group 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, I. A. Group'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)
=10059.839/108.9000*108.9000
=10,059.839

Current CPI (Sep. 2024) = 108.9000.

I. A. Group Quarterly Data

Book Value per Share CPI Adj_Book
201409 7,886.477 98.500 8,719.161
201412 8,224.489 97.900 9,148.589
201503 8,364.424 97.900 9,304.247
201506 8,278.044 98.400 9,161.372
201509 8,319.021 98.500 9,197.374
201512 8,559.889 98.100 9,502.262
201603 8,607.527 97.900 9,574.665
201606 10,998.610 98.100 12,209.466
201609 10,862.129 98.000 12,070.264
201612 11,178.537 98.400 12,371.369
201703 9,011.307 98.100 10,003.377
201706 9,068.355 98.500 10,025.826
201709 9,200.183 98.800 10,140.688
201712 9,591.599 99.400 10,508.301
201803 8,841.996 99.200 9,706.586
201806 8,839.164 99.200 9,703.477
201809 8,883.244 99.900 9,683.536
201812 9,293.532 99.700 10,151.110
201903 9,292.831 99.700 10,150.344
201906 9,322.278 99.800 10,172.305
201909 9,500.027 100.100 10,335.194
201912 9,778.280 100.500 10,595.569
202003 9,552.971 100.300 10,372.069
202006 9,033.001 99.900 9,846.785
202009 8,853.289 99.900 9,650.883
202012 8,010.774 99.300 8,785.229
202103 7,974.886 99.900 8,693.344
202106 8,277.410 99.500 9,059.396
202109 8,398.724 100.100 9,137.073
202112 8,616.586 100.100 9,374.088
202203 8,554.715 101.100 9,214.723
202206 8,670.203 101.800 9,274.903
202209 8,757.768 103.100 9,250.446
202212 9,179.840 104.100 9,603.118
202303 9,189.368 104.400 9,585.461
202306 9,160.762 105.200 9,482.956
202309 9,214.421 106.200 9,448.686
202312 9,804.689 106.800 9,997.478
202403 10,000.698 107.200 10,159.291
202409 10,059.839 108.900 10,059.839

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


I. A. Group  (TSE:7509) 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.

I. A. Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3490.00/9835.77
=0.35

* 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 I. A. Group was 0.52. The lowest was 0.31. And the median was 0.39.


Be Aware

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


I. A. Group Cyclically Adjusted Book per Share Related Terms

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


I. A. Group Business Description

Industry
Traded in Other Exchanges
N/A
Address
545-5 Shinano-cho, Totsuka-ku, Yokohama-shi, JPN
I. A. Group Corp is engaged in the car supplies business, bridal business, real estate sales management business, and holding real estate management business. In the car supplies business, the company is engaged in the franchise management of the car goods chain AUTOBACS store in Japan, whereas in the bridal business, it offers custom-made guest house weddings in Nagoya, Osaka, Yokohama, Minami Aoyama, and Kanazawa.

I. A. Group Headlines

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