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Graphite Design (TSE:7847) Cyclically Adjusted Book per Share : 円715.93 (As of Feb. 2024)


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What is Graphite Design 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.

Graphite Design's adjusted book value per share for the three months ended in Feb. 2024 was 円754.160. 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715.93 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Graphite Design's average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.20% 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 Graphite Design was 9.20% per year. The lowest was 7.90% per year. And the median was 8.10% per year.

As of today (2024-06-19), Graphite Design's current stock price is 円704.00. Graphite Design's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円715.93. Graphite Design's Cyclically Adjusted PB Ratio of today is 0.98.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Graphite Design was 1.43. The lowest was 0.58. And the median was 0.99.


Graphite Design Cyclically Adjusted Book per Share Historical Data

The historical data trend for Graphite Design'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.

Graphite Design Cyclically Adjusted Book per Share Chart

Graphite Design 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 523.24 570.60 623.91 682.21 715.93

Graphite Design 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 682.21 694.73 704.55 713.86 715.93

Competitive Comparison of Graphite Design's Cyclically Adjusted Book per Share

For the Leisure subindustry, Graphite Design'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.


Graphite Design's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Graphite Design's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Graphite Design 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, Graphite Design'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)
=754.16/106.9000*106.9000
=754.160

Current CPI (Feb. 2024) = 106.9000.

Graphite Design Quarterly Data

Book Value per Share CPI Adj_Book
201405 523.340 98.100 570.286
201408 529.785 98.300 576.134
201411 587.401 97.900 641.401
201502 658.021 97.600 720.722
201505 642.815 98.700 696.220
201508 638.054 98.400 693.170
201511 651.271 98.100 709.693
201602 638.642 97.800 698.066
201605 619.225 98.200 674.085
201608 617.119 97.900 673.851
201611 654.711 98.600 709.824
201702 658.215 98.100 717.260
201705 642.585 98.600 696.677
201708 649.281 98.500 704.651
201711 667.819 99.100 720.382
201802 678.300 99.500 728.746
201805 657.114 99.300 707.407
201808 665.155 99.800 712.476
201811 688.580 100.000 736.092
201902 692.381 99.700 742.382
201905 671.571 100.000 717.909
201908 672.574 100.000 718.982
201911 680.050 100.500 723.357
202002 675.492 100.300 719.941
202005 645.587 100.100 689.443
202008 645.736 100.100 689.602
202011 659.971 99.500 709.054
202102 675.206 99.800 723.242
202105 670.068 99.400 720.626
202108 684.261 99.700 733.676
202111 716.467 100.100 765.138
202202 735.519 100.700 780.804
202205 0.000 101.800 0.000
202208 750.351 102.700 781.037
202211 772.689 103.900 795.000
202302 786.473 104.000 808.403
202305 749.089 105.100 761.918
202308 748.538 105.900 755.606
202311 744.008 106.900 744.008
202402 754.160 106.900 754.160

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


Graphite Design  (TSE:7847) 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.

Graphite Design's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=704.00/715.93
=0.98

* 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 Graphite Design was 1.43. The lowest was 0.58. And the median was 0.99.


Be Aware

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


Graphite Design Cyclically Adjusted Book per Share Related Terms

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


Graphite Design (TSE:7847) Business Description

Traded in Other Exchanges
N/A
Address
2474-1 Ota, Chichibu-shi, Saitama, JPN, 368 - 2006
Graphite Design Inc is engaged in manufacture and sale of golf club shaft assembly and processing of golf club, and manufacture of various pipe molded products using carbon fiber.

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