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Mitsuuroko Group Holdings Co (TSE:8131) Cyclically Adjusted Book per Share : 円1,384.12 (As of Dec. 2023)


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What is Mitsuuroko Group Holdings 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.

Mitsuuroko Group Holdings Co's adjusted book value per share for the three months ended in Dec. 2023 was 円1,625.366. 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1,384.12 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Mitsuuroko Group Holdings Co's average Cyclically Adjusted Book Growth Rate was -100.00% 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 Mitsuuroko Group Holdings Co was 5.50% per year. The lowest was 3.30% per year. And the median was 4.10% per year.

As of today (2024-06-14), Mitsuuroko Group Holdings Co's current stock price is 円1527.00. Mitsuuroko Group Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,384.12. Mitsuuroko Group Holdings Co's Cyclically Adjusted PB Ratio of today is 1.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mitsuuroko Group Holdings Co was 1.34. The lowest was 0.60. And the median was 0.95.


Mitsuuroko Group Holdings Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mitsuuroko Group Holdings 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.

Mitsuuroko Group Holdings Co Cyclically Adjusted Book per Share Chart

Mitsuuroko Group Holdings 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 1,123.85 1,163.25 1,230.77 1,319.18 -

Mitsuuroko Group Holdings Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,319.18 1,340.59 1,364.53 1,384.12 -

Competitive Comparison of Mitsuuroko Group Holdings Co's Cyclically Adjusted Book per Share

For the Oil & Gas Refining & Marketing subindustry, Mitsuuroko Group Holdings 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.


Mitsuuroko Group Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Mitsuuroko Group Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mitsuuroko Group Holdings 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, Mitsuuroko Group Holdings 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)
=1625.366/106.8000*106.8000
=1,625.366

Current CPI (Dec. 2023) = 106.8000.

Mitsuuroko Group Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,078.721 95.700 1,203.839
201406 1,073.746 98.000 1,170.164
201409 1,075.565 98.500 1,166.196
201412 1,097.481 97.900 1,197.252
201503 1,102.524 97.900 1,202.753
201506 1,092.447 98.400 1,185.705
201509 1,086.447 98.500 1,177.995
201512 1,105.618 98.100 1,203.670
201603 1,125.908 97.900 1,228.263
201606 1,113.403 98.100 1,212.145
201609 1,119.616 98.000 1,220.153
201612 1,138.429 98.400 1,235.612
201703 1,187.116 98.100 1,292.395
201706 1,189.934 98.500 1,290.203
201709 1,195.704 98.800 1,292.522
201712 1,220.429 99.400 1,311.286
201803 1,252.371 99.200 1,348.319
201806 1,251.015 99.200 1,346.859
201809 1,246.059 99.900 1,332.123
201812 1,234.824 99.700 1,322.760
201903 1,275.845 99.700 1,366.703
201906 1,242.752 99.800 1,329.919
201909 1,255.004 100.100 1,339.005
201912 1,305.774 100.500 1,387.628
202003 1,257.572 100.300 1,339.070
202006 1,292.364 99.900 1,381.626
202009 1,319.879 99.900 1,411.042
202012 1,488.922 99.300 1,601.378
202103 1,517.417 99.900 1,622.224
202106 1,546.000 99.500 1,659.425
202109 1,609.224 100.100 1,716.934
202112 1,448.754 100.100 1,545.724
202203 1,455.263 101.100 1,537.310
202206 1,505.671 101.800 1,579.623
202209 1,561.615 103.100 1,617.657
202212 1,523.346 104.100 1,562.856
202303 1,561.584 104.400 1,597.482
202306 1,578.146 105.200 1,602.148
202309 1,592.518 106.200 1,601.515
202312 1,625.366 106.800 1,625.366

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


Mitsuuroko Group Holdings Co  (TSE:8131) 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.

Mitsuuroko Group Holdings Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1527.00/1384.12
=1.10

* 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 Mitsuuroko Group Holdings Co was 1.34. The lowest was 0.60. And the median was 0.95.


Be Aware

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


Mitsuuroko Group Holdings Co Cyclically Adjusted Book per Share Related Terms

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


Mitsuuroko Group Holdings Co (TSE:8131) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 14, No. 1-chome, Tokyo, JPN, 101-8972
Mitsuuroko Group Holdings Co Ltd is a Japan-based company. The company is involved in Energy business, Real estate business, Electric power business, Leasing business, Beverage business and Business Support business.

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