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Kanaden (TSE:8081) Cyclically Adjusted Book per Share : 円1,659.71 (As of Sep. 2024)


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What is Kanaden 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.

Kanaden's adjusted book value per share for the three months ended in Sep. 2024 was 円2,063.810. 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1,659.71 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Kanaden's average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.50% 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 Kanaden was 7.50% per year. The lowest was 4.90% per year. And the median was 5.90% per year.

As of today (2025-05-13), Kanaden's current stock price is 円1534.00. Kanaden's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円1,659.71. Kanaden's Cyclically Adjusted PB Ratio of today is 0.92.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kanaden was 1.35. The lowest was 0.68. And the median was 0.94.


Kanaden Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kanaden'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.

Kanaden Cyclically Adjusted Book per Share Chart

Kanaden Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,239.86 1,297.03 1,379.81 1,495.17 1,612.68

Kanaden Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 1,525.32 1,558.91 1,586.35 1,612.68 1,659.71

Competitive Comparison of Kanaden's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Kanaden'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.


Kanaden's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Kanaden's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Kanaden 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, Kanaden's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=2063.81/108.9000*108.9000
=2,063.810

Current CPI (Sep. 2024) = 108.9000.

Kanaden Quarterly Data

Book Value per Share CPI Adj_Book
201409 1,111.147 98.500 1,228.466
201412 1,123.683 97.900 1,249.940
201503 1,234.717 97.900 1,373.449
201506 1,233.357 98.400 1,364.965
201509 1,237.967 98.500 1,368.676
201512 1,254.022 98.100 1,392.079
201603 1,275.459 97.900 1,418.769
201606 1,257.248 98.100 1,395.661
201609 1,285.378 98.000 1,428.344
201612 1,310.788 98.400 1,450.659
201703 1,363.974 98.100 1,514.136
201706 1,360.458 98.500 1,504.100
201709 1,400.000 98.800 1,543.117
201712 1,422.856 99.400 1,558.843
201803 1,453.500 99.200 1,595.627
201806 1,434.913 99.200 1,575.222
201809 1,475.527 99.900 1,608.457
201812 1,447.529 99.700 1,581.102
201903 1,517.431 99.700 1,657.455
201906 1,496.612 99.800 1,633.077
201909 1,558.860 100.100 1,695.903
201912 1,555.559 100.500 1,685.576
202003 1,568.427 100.300 1,702.908
202006 1,556.885 99.900 1,697.145
202009 1,575.899 99.900 1,717.872
202012 1,592.798 99.300 1,746.785
202103 1,659.336 99.900 1,808.826
202106 1,647.109 99.500 1,802.715
202109 1,667.276 100.100 1,813.850
202112 1,657.994 100.100 1,803.752
202203 1,710.805 101.100 1,842.796
202206 1,711.105 101.800 1,830.445
202209 1,753.904 103.100 1,852.572
202212 1,772.882 104.100 1,854.629
202303 1,893.820 104.400 1,975.450
202306 1,906.922 105.200 1,973.991
202309 1,954.293 106.200 2,003.978
202312 1,954.208 106.800 1,992.633
202403 2,048.222 107.200 2,080.703
202409 2,063.810 108.900 2,063.810

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


Kanaden  (TSE:8081) 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.

Kanaden's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1534.00/1659.71
=0.92

* 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 Kanaden was 1.35. The lowest was 0.68. And the median was 0.94.


Be Aware

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


Kanaden Cyclically Adjusted Book per Share Related Terms

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


Kanaden Business Description

Industry
Traded in Other Exchanges
N/A
Address
Triton square z, 1-8-12, Harumi, Chuo-ku, Tokyo, JPN, 104-6215
Kanaden Corp engages in the manufacture and sale of various types of electrical, electronic, communications machinery, related components, and materials. Its FA Systems segment provides factory automation equipment, laser processing machines, and mechatronic products. The building facilities segment offers uninterruptible power supplies, building management systems, air-conditioning equipment. The infrastructure segment manages the sale of substation power equipment, telecommunications equipment, and vehicle-use electrical equipment. It also sells systems for traffic safety, air traffic control. The information and communication equipment segment handles the sale of microcomputers for security systems, video systems, telecommunications equipment, automobiles.

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