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Pan Pacific International Holdings (TSE:7532) Cyclically Adjusted Book per Share : 円541.73 (As of Dec. 2023)


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What is Pan Pacific International 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.

Pan Pacific International Holdings's adjusted book value per share for the three months ended in Dec. 2023 was 円842.530. 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541.73 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Pan Pacific International Holdings's average Cyclically Adjusted Book Growth Rate was 12.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.80% 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 Pan Pacific International Holdings was 12.20% per year. The lowest was 11.40% per year. And the median was 11.70% per year.

As of today (2024-04-30), Pan Pacific International Holdings's current stock price is 円3726.00. Pan Pacific International Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円541.73. Pan Pacific International Holdings's Cyclically Adjusted PB Ratio of today is 6.88.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Pan Pacific International Holdings was 7.48. The lowest was 3.59. And the median was 5.47.


Pan Pacific International Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Pan Pacific International 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.

Pan Pacific International Holdings Cyclically Adjusted Book per Share Chart

Pan Pacific International Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 321.68 359.79 401.01 448.52 508.64

Pan Pacific International 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 480.62 493.26 508.64 525.69 541.73

Competitive Comparison of Pan Pacific International Holdings's Cyclically Adjusted Book per Share

For the Discount Stores subindustry, Pan Pacific International 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.


Pan Pacific International Holdings's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Pan Pacific International Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Pan Pacific International 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, Pan Pacific International 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)
=842.53/106.8000*106.8000
=842.530

Current CPI (Dec. 2023) = 106.8000.

Pan Pacific International Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 295.126 95.700 329.357
201406 298.728 98.000 325.553
201409 305.095 98.500 330.804
201412 319.524 97.900 348.572
201503 331.267 97.900 361.382
201506 336.180 98.400 364.878
201509 342.857 98.500 371.747
201512 354.594 98.100 386.041
201603 361.114 97.900 393.943
201606 366.116 98.100 398.585
201609 376.180 98.000 409.959
201612 391.332 98.400 424.738
201703 400.834 98.100 436.382
201706 409.599 98.500 444.113
201709 419.194 98.800 453.137
201712 436.516 99.400 469.013
201803 448.651 99.200 483.023
201806 459.434 99.200 494.633
201809 464.480 99.900 496.561
201812 485.440 99.700 520.010
201903 506.099 99.700 542.140
201906 519.659 99.800 556.108
201909 532.477 100.100 568.117
201912 555.156 100.500 589.957
202003 570.816 100.300 607.808
202006 586.924 99.900 627.462
202009 601.090 99.900 642.607
202012 625.869 99.300 673.140
202103 640.295 99.900 684.520
202106 660.244 99.500 708.684
202109 572.778 100.100 611.116
202112 602.288 100.100 642.601
202203 626.894 101.100 662.238
202206 658.204 101.800 690.532
202209 684.504 103.100 709.069
202212 723.517 104.100 742.283
202303 736.325 104.400 753.252
202306 761.041 105.200 772.616
202309 795.544 106.200 800.039
202312 842.530 106.800 842.530

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


Pan Pacific International Holdings  (TSE:7532) 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.

Pan Pacific International Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3726.00/541.73
=6.88

* 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 Pan Pacific International Holdings was 7.48. The lowest was 3.59. And the median was 5.47.


Be Aware

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


Pan Pacific International Holdings Cyclically Adjusted Book per Share Related Terms

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


Pan Pacific International Holdings (TSE:7532) Business Description

Traded in Other Exchanges
Address
2-19-10 Aobadai, Meguro-ku, Tokyo, JPN, 153-0042
PPIH is a leading operator of discount stores and general merchandise stores primarily in Japan, operating 617 stores as of mid-2023 nationally. It offers a wide range of products from packaged food, cosmetics, and household products to consumer electronics. The primary store formats include the Don Quijote discount stores, Mega Donki format, and general merchandise stores operated under FamilyMart Uny. Overseas operations concentrate on North America and Southeast Asia. It has acquired small supermarket chains in Hawaii and California in the U.S. and also accelerated store expansion across Singapore and Hong Kong.

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