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Sigma Koki Co (TSE:7713) Cyclically Adjusted Book per Share : 円1,927.61 (As of Feb. 2024)


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What is Sigma Koki 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.

Sigma Koki Co's adjusted book value per share for the three months ended in Feb. 2024 was 円2,357.014. 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1,927.61 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Sigma Koki Co's average Cyclically Adjusted Book Growth Rate was 6.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.40% 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 Sigma Koki Co was 4.70% per year. The lowest was 2.00% per year. And the median was 3.00% per year.

As of today (2024-05-10), Sigma Koki Co's current stock price is 円1592.00. Sigma Koki Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円1,927.61. Sigma Koki Co's Cyclically Adjusted PB Ratio of today is 0.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sigma Koki Co was 1.42. The lowest was 0.57. And the median was 0.86.


Sigma Koki Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sigma Koki 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.

Sigma Koki Co Cyclically Adjusted Book per Share Chart

Sigma Koki Co Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,575.41 1,603.43 1,629.45 1,719.85 1,840.77

Sigma Koki Co 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 1,804.45 1,840.77 1,873.21 1,909.81 1,927.61

Competitive Comparison of Sigma Koki Co's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Sigma Koki 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.


Sigma Koki Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sigma Koki Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sigma Koki 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, Sigma Koki Co'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)
=2357.014/106.9000*106.9000
=2,357.014

Current CPI (Feb. 2024) = 106.9000.

Sigma Koki Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 1,471.665 98.100 1,603.680
201408 1,455.339 98.300 1,582.663
201411 1,481.881 97.900 1,618.111
201502 1,512.640 97.600 1,656.775
201505 1,521.659 98.700 1,648.078
201508 1,532.059 98.400 1,664.401
201511 1,541.825 98.100 1,680.133
201602 1,545.664 97.800 1,689.483
201605 1,543.436 98.200 1,680.176
201608 1,523.878 97.900 1,663.969
201611 1,547.977 98.600 1,678.283
201702 1,584.048 98.100 1,726.144
201705 1,610.766 98.600 1,746.358
201708 1,629.527 98.500 1,768.492
201711 1,629.741 99.100 1,758.015
201802 1,661.732 99.500 1,785.318
201805 1,718.871 99.300 1,850.426
201808 1,743.928 99.800 1,867.995
201811 1,785.032 100.000 1,908.199
201902 1,782.596 99.700 1,911.329
201905 1,797.657 100.000 1,921.695
201908 1,785.094 100.000 1,908.265
201911 1,810.884 100.500 1,926.204
202002 1,812.970 100.300 1,932.268
202005 1,828.981 100.100 1,953.227
202008 1,833.868 100.100 1,958.446
202011 1,880.518 99.500 2,020.376
202102 1,893.831 99.800 2,028.562
202105 1,947.958 99.400 2,094.937
202108 1,967.225 99.700 2,109.291
202111 2,020.643 100.100 2,157.909
202202 2,039.366 100.700 2,164.928
202205 2,101.380 101.800 2,206.655
202208 2,163.078 102.700 2,251.539
202211 2,222.543 103.900 2,286.717
202302 2,196.467 104.000 2,257.715
202305 2,293.406 105.100 2,332.684
202308 2,342.083 105.900 2,364.199
202311 2,383.821 106.900 2,383.821
202402 2,357.014 106.900 2,357.014

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


Sigma Koki Co  (TSE:7713) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1592.00/1927.61
=0.83

* 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 Sigma Koki Co was 1.42. The lowest was 0.57. And the median was 0.86.


Be Aware

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


Sigma Koki Co Cyclically Adjusted Book per Share Related Terms

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


Sigma Koki Co (TSE:7713) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sigma Koki Co Ltd (TSE:7713) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
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Address
Saitama Prefecture, Takahi Hagi Shinda 17-2, Hidaka, JPN, 350-1297
Sigma Koki Co Ltd is engaged in the design, production, and sale of optical, CD, DVD, laser printers, bar code readers and laser processing machine that uses laser light as a medium to carry information and energy. Its products include Mirror, beam splitter, filter, lens, prism, polarizer, automatic position/attitude determination device, optical measuring/control device, measurement/control software, Laser direct writing device, high-speed fine laser processing machine.

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