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KING Co (TSE:8118) Cyclically Adjusted Book per Share : 円1,239.99 (As of Sep. 2024)


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What is KING 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.

KING Co's adjusted book value per share for the three months ended in Sep. 2024 was 円1,364.279. 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1,239.99 for the trailing ten years ended in Sep. 2024.

During the past 12 months, KING Co's average Cyclically Adjusted Book Growth Rate was 5.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.30% 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 KING Co was 5.10% per year. The lowest was 3.10% per year. And the median was 3.85% per year.

As of today (2025-05-30), KING Co's current stock price is 円773.00. KING Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円1,239.99. KING Co's Cyclically Adjusted PB Ratio of today is 0.62.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KING Co was 0.70. The lowest was 0.36. And the median was 0.53.


KING Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for KING 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.

KING Co Cyclically Adjusted Book per Share Chart

KING Co 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 1,019.43 1,045.79 1,088.66 1,156.10 1,213.60

KING Co 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 1,171.55 1,189.13 1,202.25 1,213.60 1,239.99

Competitive Comparison of KING Co's Cyclically Adjusted Book per Share

For the Textile Manufacturing subindustry, KING 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.


KING Co's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, KING Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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KING 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, KING Co'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)
=1364.279/108.9000*108.9000
=1,364.279

Current CPI (Sep. 2024) = 108.9000.

KING Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 983.709 98.500 1,087.573
201412 997.000 97.900 1,109.022
201503 1,012.635 97.900 1,126.414
201506 1,007.923 98.400 1,115.476
201509 1,011.651 98.500 1,118.465
201512 1,015.846 98.100 1,127.682
201603 1,036.515 97.900 1,152.977
201606 1,022.940 98.100 1,135.557
201609 1,035.673 98.000 1,150.865
201612 1,054.088 98.400 1,166.567
201703 1,064.401 98.100 1,181.583
201706 1,067.295 98.500 1,179.984
201709 1,085.042 98.800 1,195.962
201712 1,108.003 99.400 1,213.899
201803 1,118.901 99.200 1,228.310
201806 1,113.438 99.200 1,222.312
201809 1,127.792 99.900 1,229.395
201812 1,132.331 99.700 1,236.819
201903 1,154.483 99.700 1,261.015
201906 1,144.831 99.800 1,249.219
201909 1,159.474 100.100 1,261.406
201912 1,178.676 100.500 1,277.192
202003 1,172.196 100.300 1,272.703
202006 1,153.863 99.900 1,257.815
202009 1,150.263 99.900 1,253.890
202012 1,149.709 99.300 1,260.859
202103 1,163.445 99.900 1,268.260
202106 1,157.297 99.500 1,266.630
202109 1,161.660 100.100 1,263.784
202112 1,186.302 100.100 1,290.592
202203 1,194.750 101.100 1,286.927
202206 1,237.033 101.800 1,323.309
202209 1,242.220 103.100 1,312.102
202212 1,269.175 104.100 1,327.696
202303 1,299.877 104.400 1,355.906
202306 1,308.446 105.200 1,354.465
202309 1,321.393 106.200 1,354.988
202312 1,337.776 106.800 1,364.081
202403 1,371.829 107.200 1,393.584
202409 1,364.279 108.900 1,364.279

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


KING Co  (TSE:8118) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=773.00/1239.99
=0.62

* 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 KING Co was 0.70. The lowest was 0.36. And the median was 0.53.


Be Aware

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


KING Co Cyclically Adjusted Book per Share Related Terms

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


KING Co Business Description

Traded in Other Exchanges
N/A
Address
2-14-9 Nishi Gotanda Shinagawa-ku, Tokyo, JPN, 141-0031
KING Co Ltd is a textile producer and apparel maker of cloths. The company produces printed textiles and manufactures ready-made suits, sweaters, jackets, skirts, slacks, scarves, bags, and others. It sells its products under the brand name PINORE, C'EST CHIC'A, LUPUY, AUSTIN REED, PRIDE BIS, among others.

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