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Sankyo Seiko Co (TSE:8018) Cyclically Adjusted Book per Share : 円872.20 (As of Dec. 2023)


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What is Sankyo Seiko 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.

Sankyo Seiko Co's adjusted book value per share for the three months ended in Dec. 2023 was 円1,036.878. 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872.20 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Sankyo Seiko 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 6.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.80% 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 Sankyo Seiko Co was 6.50% per year. The lowest was 4.90% per year. And the median was 5.60% per year.

As of today (2024-06-20), Sankyo Seiko Co's current stock price is 円735.00. Sankyo Seiko Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円872.20. Sankyo Seiko Co's Cyclically Adjusted PB Ratio of today is 0.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sankyo Seiko Co was 0.94. The lowest was 0.56. And the median was 0.74.


Sankyo Seiko Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sankyo Seiko 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.

Sankyo Seiko Co Cyclically Adjusted Book per Share Chart

Sankyo Seiko 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 650.33 684.36 716.50 765.23 827.30

Sankyo Seiko 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 816.34 827.30 842.41 859.86 872.20

Competitive Comparison of Sankyo Seiko Co's Cyclically Adjusted Book per Share

For the Apparel Retail subindustry, Sankyo Seiko 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.


Sankyo Seiko Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

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



Sankyo Seiko 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, Sankyo Seiko 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)
=1036.878/106.8000*106.8000
=1,036.878

Current CPI (Dec. 2023) = 106.8000.

Sankyo Seiko Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 639.267 95.700 713.414
201406 639.664 98.000 697.103
201409 666.795 98.500 722.982
201412 729.208 97.900 795.500
201503 775.097 97.900 845.560
201506 806.558 98.400 875.411
201509 759.234 98.500 823.210
201512 792.308 98.100 862.574
201603 714.961 97.900 779.957
201606 650.405 98.100 708.086
201609 682.020 98.000 743.263
201612 779.142 98.400 845.654
201703 778.744 98.100 847.807
201706 788.466 98.500 854.905
201709 810.338 98.800 875.952
201712 860.379 99.400 924.431
201803 827.504 99.200 890.901
201806 806.140 99.200 867.901
201809 857.564 99.900 916.795
201812 800.608 99.700 857.622
201903 804.810 99.700 862.123
201906 782.744 99.800 837.646
201909 795.397 100.100 848.635
201912 888.361 100.500 944.049
202003 788.167 100.300 839.245
202006 782.836 99.900 836.906
202009 769.176 99.900 822.302
202012 814.022 99.300 875.504
202103 868.135 99.900 928.096
202106 861.362 99.500 924.557
202109 883.443 100.100 942.575
202112 893.279 100.100 953.069
202203 884.463 101.100 934.329
202206 876.980 101.800 920.054
202209 891.934 103.100 923.943
202212 950.532 104.100 975.186
202303 957.721 104.400 979.738
202306 988.283 105.200 1,003.314
202309 1,044.909 106.200 1,050.812
202312 1,036.878 106.800 1,036.878

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


Sankyo Seiko Co  (TSE:8018) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=735.00/872.2
=0.84

* 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 Sankyo Seiko Co was 0.94. The lowest was 0.56. And the median was 0.74.


Be Aware

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


Sankyo Seiko Co Cyclically Adjusted Book per Share Related Terms

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


Sankyo Seiko Co (TSE:8018) Business Description

Traded in Other Exchanges
N/A
Address
2-5-6 Azuchi-cho, Osaka, JPN, 541-0052
Sankyo Seiko Co Ltd is engaged in the import and export of brand products.

Sankyo Seiko Co (TSE:8018) Headlines

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