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Carchs Holdings Co (TSE:7602) Cyclically Adjusted Book per Share : 円290.53 (As of Dec. 2023)


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What is Carchs Holdings 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.

Carchs Holdings Co's adjusted book value per share for the three months ended in Dec. 2023 was 円226.948. 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290.53 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Carchs Holdings Co's average Cyclically Adjusted Book Growth Rate was 0.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.50% 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 Carchs Holdings Co was 5.00% per year. The lowest was 4.50% per year. And the median was 4.75% per year.

As of today (2024-06-22), Carchs Holdings Co's current stock price is 円168.00. Carchs Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円290.53. Carchs Holdings Co's Cyclically Adjusted PB Ratio of today is 0.58.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Carchs Holdings Co was 1.95. The lowest was 0.58. And the median was 0.90.


Carchs Holdings Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Carchs Holdings 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.

Carchs Holdings Co Cyclically Adjusted Book per Share Chart

Carchs Holdings Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 240.90 252.77 270.36 279.21 288.65

Carchs Holdings Co 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 288.73 288.65 289.60 290.80 290.53

Competitive Comparison of Carchs Holdings Co's Cyclically Adjusted Book per Share

For the Auto & Truck Dealerships subindustry, Carchs Holdings 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.


Carchs Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Carchs Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Carchs Holdings 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, Carchs Holdings 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)
=226.948/106.8000*106.8000
=226.948

Current CPI (Dec. 2023) = 106.8000.

Carchs Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 293.991 95.700 328.090
201406 286.792 98.000 312.545
201409 294.754 98.500 319.591
201412 298.501 97.900 325.637
201503 305.302 97.900 333.057
201506 304.131 98.400 330.093
201509 315.388 98.500 341.964
201512 314.274 98.100 342.145
201603 315.977 97.900 344.702
201606 292.930 98.100 318.909
201609 287.041 98.000 312.816
201612 279.632 98.400 303.503
201703 295.460 98.100 321.663
201706 279.181 98.500 302.706
201709 284.610 98.800 307.655
201712 280.699 99.400 301.596
201803 283.871 99.200 305.619
201806 268.761 99.200 289.352
201809 267.851 99.900 286.351
201812 265.395 99.700 284.295
201903 261.140 99.700 279.737
201906 253.300 99.800 271.067
201909 260.868 100.100 278.329
201912 253.163 100.500 269.033
202003 263.548 100.300 280.627
202006 255.830 99.900 273.500
202009 261.315 99.900 279.364
202012 262.122 99.300 281.920
202103 271.333 99.900 290.074
202106 265.199 99.500 284.656
202109 266.641 100.100 284.488
202112 262.945 100.100 280.545
202203 255.269 101.100 269.661
202206 246.067 101.800 258.153
202209 249.958 103.100 258.928
202212 241.120 104.100 247.374
202303 228.474 104.400 233.726
202306 225.661 105.200 229.093
202309 230.498 106.200 231.800
202312 226.948 106.800 226.948

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


Carchs Holdings Co  (TSE:7602) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=168.00/290.53
=0.58

* 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 Carchs Holdings Co was 1.95. The lowest was 0.58. And the median was 0.90.


Be Aware

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


Carchs Holdings Co Cyclically Adjusted Book per Share Related Terms

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


Carchs Holdings Co (TSE:7602) Business Description

Traded in Other Exchanges
N/A
Address
Shin Kioicho Building 2nd Floor, 4-1 Kioi-cho, Chiyoda-ku, Tokyo, JPN, 102-8578
Carchs Holdings Co Ltd is a Japan-based company. The company is involved in the business of buying and selling of used cars nationwide. It is also engaged in the sale of automobile related insurances, distribution of automobiles, management of subsidiary.

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