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Kurogane Kosakusho (TSE:7997) Cyclically Adjusted Book per Share : 円2,516.53 (As of Nov. 2024)


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What is Kurogane Kosakusho 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.

Kurogane Kosakusho's adjusted book value per share for the three months ended in Nov. 2024 was 円2,686.799. 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2,516.53 for the trailing ten years ended in Nov. 2024.

During the past 12 months, Kurogane Kosakusho's average Cyclically Adjusted Book Growth Rate was 3.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.00% 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 Kurogane Kosakusho was 2.10% per year. The lowest was -0.70% per year. And the median was 0.60% per year.

As of today (2025-05-29), Kurogane Kosakusho's current stock price is 円720.00. Kurogane Kosakusho's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2024 was 円2,516.53. Kurogane Kosakusho's Cyclically Adjusted PB Ratio of today is 0.29.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kurogane Kosakusho was 0.60. The lowest was 0.17. And the median was 0.32.


Kurogane Kosakusho Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kurogane Kosakusho'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.

Kurogane Kosakusho Cyclically Adjusted Book per Share Chart

Kurogane Kosakusho Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,365.29 2,365.12 2,413.13 2,439.16 2,516.53

Kurogane Kosakusho Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24
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 2,417.99 2,439.16 2,438.38 2,470.72 2,516.53

Competitive Comparison of Kurogane Kosakusho's Cyclically Adjusted Book per Share

For the Furnishings, Fixtures & Appliances subindustry, Kurogane Kosakusho'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.


Kurogane Kosakusho's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Kurogane Kosakusho's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Kurogane Kosakusho 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, Kurogane Kosakusho's adjusted Book Value per Share data for the three months ended in Nov. 2024 was:

Adj_Book= Book Value per Share /CPI of Nov. 2024 (Change)*Current CPI (Nov. 2024)
=2686.799/110.0000*110.0000
=2,686.799

Current CPI (Nov. 2024) = 110.0000.

Kurogane Kosakusho Quarterly Data

Book Value per Share CPI Adj_Book
201411 2,358.458 97.900 2,649.953
201502 2,408.181 97.600 2,714.138
201505 2,514.597 98.700 2,802.489
201508 2,500.298 98.400 2,795.049
201511 2,536.123 98.100 2,843.767
201602 2,470.945 97.800 2,779.181
201605 2,519.918 98.200 2,822.719
201608 2,518.634 97.900 2,829.926
201611 2,605.814 98.600 2,907.095
201702 2,585.863 98.100 2,899.541
201705 2,599.057 98.600 2,899.556
201708 2,599.824 98.500 2,903.357
201711 2,582.349 99.100 2,866.381
201802 2,534.139 99.500 2,801.561
201805 2,534.494 99.300 2,807.597
201808 2,527.136 99.800 2,785.420
201811 2,461.805 100.000 2,707.986
201902 2,376.369 99.700 2,621.872
201905 2,373.085 100.000 2,610.394
201908 2,253.054 100.000 2,478.359
201911 2,247.762 100.500 2,460.237
202002 2,114.107 100.300 2,318.562
202005 2,093.314 100.100 2,300.345
202008 2,038.987 100.100 2,240.645
202011 1,994.792 99.500 2,205.298
202102 2,002.156 99.800 2,206.785
202105 2,068.576 99.400 2,289.169
202108 2,010.560 99.700 2,218.271
202111 1,980.080 100.100 2,175.912
202202 1,877.639 100.700 2,051.046
202205 1,951.151 101.800 2,108.316
202208 1,923.737 102.700 2,060.478
202211 1,707.271 103.900 1,807.505
202302 1,826.559 104.000 1,931.937
202305 1,925.702 105.100 2,015.483
202308 2,003.755 105.900 2,081.332
202311 2,508.722 106.900 2,581.473
202402 2,531.676 106.900 2,605.092
202405 2,741.850 108.100 2,790.042
202411 2,686.799 110.000 2,686.799

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


Kurogane Kosakusho  (TSE:7997) 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.

Kurogane Kosakusho's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=720.00/2516.53
=0.29

* 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 Kurogane Kosakusho was 0.60. The lowest was 0.17. And the median was 0.32.


Be Aware

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


Kurogane Kosakusho Cyclically Adjusted Book per Share Related Terms

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


Kurogane Kosakusho Business Description

Traded in Other Exchanges
N/A
Address
No. 24, 4-Bandi 1-chome, Shinmachi, Nishi-ku, Osaka, JPN, 550-0013
Kurogane Kosakusho Ltd is a Japan-based furniture manufacturing company. It manufactures office furniture such as writing desks, chairs, file cabinets, children's study desks, and shelves. In addition, the company also manufactures air-conditioning equipment and other construction-related facilities.

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