GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Daiichi Co Ltd (TSE:7643) » Definitions » Cyclically Adjusted Book per Share

Daiichi Co (TSE:7643) Cyclically Adjusted Book per Share : 円1,091.88 (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Daiichi 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.

Daiichi Co's adjusted book value per share for the three months ended in Mar. 2024 was 円1,435.377. 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1,091.88 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Daiichi 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 Daiichi Co was 8.20% per year. The lowest was 5.20% per year. And the median was 7.00% per year.

As of today (2025-01-18), Daiichi Co's current stock price is 円1400.00. Daiichi Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円1,091.88. Daiichi Co's Cyclically Adjusted PB Ratio of today is 1.28.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Daiichi Co was 1.42. The lowest was 0.63. And the median was 0.91.


Daiichi Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Daiichi 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.

Daiichi Co Cyclically Adjusted Book per Share Chart

Daiichi Co Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 827.98 880.53 961.86 1,048.67 -

Daiichi Co 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 1,022.65 1,048.67 1,071.00 1,091.88 -

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

For the Grocery Stores subindustry, Daiichi 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.


Daiichi Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Daiichi Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Daiichi 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, Daiichi Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1435.377/107.2000*107.2000
=1,435.377

Current CPI (Mar. 2024) = 107.2000.

Daiichi Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 695.226 98.000 760.492
201409 707.572 98.500 770.068
201412 724.181 97.900 792.974
201503 734.098 97.900 803.834
201506 746.179 98.400 812.910
201509 763.752 98.500 831.210
201512 784.932 98.100 857.744
201603 798.891 97.900 874.782
201606 818.179 98.100 894.075
201609 745.142 98.000 815.094
201612 856.154 98.400 932.721
201703 871.583 98.100 952.433
201706 892.381 98.500 971.200
201709 900.859 98.800 977.450
201712 913.731 99.400 985.432
201803 926.534 99.200 1,001.254
201806 945.900 99.200 1,022.182
201809 960.240 99.900 1,030.408
201812 968.284 99.700 1,041.124
201903 984.102 99.700 1,058.132
201906 1,002.742 99.800 1,077.094
201909 1,013.763 100.100 1,085.668
201912 1,035.728 100.500 1,104.777
202003 1,055.585 100.300 1,128.203
202006 1,086.770 99.900 1,166.184
202009 1,103.055 99.900 1,183.659
202012 1,133.440 99.300 1,223.613
202103 1,154.594 99.900 1,238.964
202106 1,186.704 99.500 1,278.539
202109 1,215.143 100.100 1,301.332
202112 1,221.513 100.100 1,308.154
202203 1,247.521 101.100 1,322.792
202206 1,282.365 101.800 1,350.388
202209 1,297.942 103.100 1,349.558
202212 1,317.795 104.100 1,357.038
202303 1,340.967 104.400 1,376.932
202306 1,364.459 105.200 1,390.399
202309 1,387.500 106.200 1,400.565
202312 1,405.304 106.800 1,410.567
202403 1,435.377 107.200 1,435.377

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


Daiichi Co  (TSE:7643) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1400.00/1091.88
=1.28

* 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 Daiichi Co was 1.42. The lowest was 0.63. And the median was 0.91.


Be Aware

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


Daiichi Co Cyclically Adjusted Book per Share Related Terms

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


Daiichi Co Business Description

Traded in Other Exchanges
N/A
Address
14 47 20 W 1-chome, Jonan, Obihiro, JPN, 080-2470
Daiichi Co Ltd is engaged in the business of food supermarket, real estate and rental business.

Daiichi Co Headlines

No Headlines