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Aeon Hokkaido (TSE:7512) Cyclically Adjusted Book per Share : 円433.72 (As of Feb. 2024)


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What is Aeon Hokkaido 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.

Aeon Hokkaido's adjusted book value per share for the three months ended in Feb. 2024 was 円514.647. 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433.72 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Aeon Hokkaido's average Cyclically Adjusted Book Growth Rate was -4.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -3.30% 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 Aeon Hokkaido was -2.60% per year. The lowest was -3.90% per year. And the median was -3.50% per year.

As of today (2024-06-18), Aeon Hokkaido's current stock price is 円914.00. Aeon Hokkaido's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円433.72. Aeon Hokkaido's Cyclically Adjusted PB Ratio of today is 2.11.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Aeon Hokkaido was 3.03. The lowest was 1.03. And the median was 1.98.


Aeon Hokkaido Cyclically Adjusted Book per Share Historical Data

The historical data trend for Aeon Hokkaido'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.

Aeon Hokkaido Cyclically Adjusted Book per Share Chart

Aeon Hokkaido Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 505.88 488.50 471.98 455.00 433.72

Aeon Hokkaido Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 455.00 450.33 443.52 436.53 433.72

Competitive Comparison of Aeon Hokkaido's Cyclically Adjusted Book per Share

For the Department Stores subindustry, Aeon Hokkaido'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.


Aeon Hokkaido's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

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



Aeon Hokkaido 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, Aeon Hokkaido's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=514.647/106.9000*106.9000
=514.647

Current CPI (Feb. 2024) = 106.9000.

Aeon Hokkaido Quarterly Data

Book Value per Share CPI Adj_Book
201405 591.385 98.100 644.435
201408 287.513 98.300 312.667
201411 299.257 97.900 326.768
201502 304.909 97.600 333.963
201505 302.909 98.700 328.075
201508 297.925 98.400 323.660
201511 309.768 98.100 337.556
201602 323.652 97.800 353.767
201605 321.528 98.200 350.014
201608 329.055 97.900 359.305
201611 340.809 98.600 369.498
201702 354.307 98.100 386.090
201705 357.871 98.600 387.996
201708 362.363 98.500 393.265
201711 387.056 99.100 417.521
201802 405.281 99.500 435.423
201805 400.309 99.300 430.947
201808 406.692 99.800 435.625
201811 412.088 100.000 440.522
201902 425.695 99.700 456.437
201905 425.270 100.000 454.614
201908 433.542 100.000 463.456
201911 442.029 100.500 470.178
202002 450.797 100.300 480.461
202005 411.421 100.100 439.370
202008 420.575 100.100 449.146
202011 429.506 99.500 461.449
202102 445.142 99.800 476.810
202105 439.164 99.400 472.300
202108 440.861 99.700 472.699
202111 445.093 100.100 475.329
202202 460.659 100.700 489.021
202205 457.718 101.800 480.649
202208 461.650 102.700 480.530
202211 466.804 103.900 480.282
202302 482.606 104.000 496.063
202305 478.463 105.100 486.657
202308 483.950 105.900 488.520
202311 492.947 106.900 492.947
202402 514.647 106.900 514.647

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


Aeon Hokkaido  (TSE:7512) 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.

Aeon Hokkaido's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=914.00/433.72
=2.11

* 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 Aeon Hokkaido was 3.03. The lowest was 1.03. And the median was 1.98.


Be Aware

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


Aeon Hokkaido Cyclically Adjusted Book per Share Related Terms

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


Aeon Hokkaido (TSE:7512) Business Description

Traded in Other Exchanges
Address
Honbong 21 - chome south No. 10, Shiraishi-ku, Sapporo, JPN, 003 8630
Aeon Hokkaido Corp is a Japanese company engaged in the retail business. The company operates a chain of general merchandise stores. It provides products such as clothing, residential and leisure, food products and others.

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