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Shoei Foods (TSE:8079) Cyclically Adjusted Book per Share : 円2,572.87 (As of Oct. 2024)


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What is Shoei Foods 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.

Shoei Foods's adjusted book value per share for the three months ended in Oct. 2024 was 円3,156.037. 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2,572.87 for the trailing ten years ended in Oct. 2024.

During the past 12 months, Shoei Foods's average Cyclically Adjusted Book Growth Rate was 8.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.10% 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 Shoei Foods was 10.00% per year. The lowest was 7.20% per year. And the median was 9.15% per year.

As of today (2025-05-30), Shoei Foods's current stock price is 円4045.00. Shoei Foods's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2024 was 円2,572.87. Shoei Foods's Cyclically Adjusted PB Ratio of today is 1.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Shoei Foods was 3.08. The lowest was 1.47. And the median was 1.98.


Shoei Foods Cyclically Adjusted Book per Share Historical Data

The historical data trend for Shoei Foods'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.

Shoei Foods Cyclically Adjusted Book per Share Chart

Shoei Foods Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,796.12 1,932.43 2,156.62 2,368.41 2,572.87

Shoei Foods Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 2,398.50 2,454.92 2,515.60 2,572.87 -

Competitive Comparison of Shoei Foods's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Shoei Foods'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.


Shoei Foods's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shoei Foods's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Shoei Foods 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, Shoei Foods's adjusted Book Value per Share data for the three months ended in Oct. 2024 was:

Adj_Book= Book Value per Share /CPI of Oct. 2024 (Change)*Current CPI (Oct. 2024)
=3156.037/109.5000*109.5000
=3,156.037

Current CPI (Oct. 2024) = 109.5000.

Shoei Foods Quarterly Data

Book Value per Share CPI Adj_Book
201501 1,627.212 97.800 1,821.878
201504 1,675.312 98.400 1,864.295
201507 1,722.113 98.300 1,918.325
201510 1,810.207 98.500 2,012.362
201601 1,846.422 97.700 2,069.429
201604 1,826.571 98.100 2,038.833
201607 1,831.356 97.900 2,048.350
201610 1,867.670 98.600 2,074.137
201701 1,980.721 98.200 2,208.645
201704 2,035.175 98.500 2,262.453
201707 2,068.886 98.300 2,304.609
201710 2,125.079 98.800 2,355.224
201801 2,174.604 99.500 2,393.157
201804 2,201.853 99.100 2,432.925
201807 2,215.942 99.200 2,446.025
201810 2,238.036 100.200 2,445.758
201901 2,251.117 99.700 2,472.390
201904 2,317.715 100.000 2,537.898
201907 2,278.450 99.800 2,499.903
201910 2,311.007 100.400 2,520.471
202001 2,355.905 100.500 2,566.882
202004 2,393.093 100.200 2,615.206
202007 2,391.279 100.000 2,618.451
202010 2,399.060 99.800 2,632.235
202101 2,447.812 99.800 2,685.726
202104 2,547.322 99.100 2,814.649
202107 2,548.869 99.700 2,799.410
202110 2,585.507 99.900 2,833.964
202201 2,633.608 100.300 2,875.175
202204 2,751.925 101.500 2,968.825
202207 2,829.089 102.300 3,028.204
202210 2,867.031 103.700 3,027.386
202301 2,773.417 104.700 2,900.565
202304 2,864.016 105.100 2,983.918
202307 2,951.377 105.700 3,057.481
202310 3,034.538 107.100 3,102.539
202401 3,001.737 106.900 3,074.745
202404 3,145.077 107.700 3,197.641
202407 3,221.897 108.600 3,248.598
202410 3,156.037 109.500 3,156.037

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


Shoei Foods  (TSE:8079) 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.

Shoei Foods's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4045.00/2572.87
=1.57

* 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 Shoei Foods was 3.08. The lowest was 1.47. And the median was 1.98.


Be Aware

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


Shoei Foods Cyclically Adjusted Book per Share Related Terms

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


Shoei Foods Business Description

Traded in Other Exchanges
N/A
Address
1-8-1 Nihonbashi-Kayabacho, Chuo-ku, Tokyo, JPN, 103-8203
Shoei Foods Corp is a food distribution company. It offers baking ingredients, dried fruits, canned goods, nuts, confectionery, dairy products & oils, among others. It also engages in leasing of industrial facilities & apartments.

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