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Ryosan Co (TSE:8140) Cyclically Adjusted Book per Share : 円4,170.71 (As of Dec. 2023)


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What is Ryosan 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.

Ryosan Co's adjusted book value per share for the three months ended in Dec. 2023 was 円4,517.192. 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4,170.71 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Ryosan Co's average Cyclically Adjusted Book Growth Rate was 3.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.40% 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 Ryosan Co was 2.20% per year. The lowest was 0.60% per year. And the median was 1.00% per year.

As of today (2024-05-17), Ryosan Co's current stock price is 円4920.00. Ryosan Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円4,170.71. Ryosan Co's Cyclically Adjusted PB Ratio of today is 1.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ryosan Co was 1.29. The lowest was 0.49. And the median was 0.71.


Ryosan Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ryosan 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.

Ryosan Co Cyclically Adjusted Book per Share Chart

Ryosan 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 3,777.90 3,806.83 3,804.43 3,887.61 4,058.98

Ryosan 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 4,037.39 4,058.98 4,102.73 4,146.47 4,170.71

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

For the Electronics & Computer Distribution subindustry, Ryosan 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.


Ryosan Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ryosan Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ryosan 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, Ryosan 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)
=4517.192/106.8000*106.8000
=4,517.192

Current CPI (Dec. 2023) = 106.8000.

Ryosan Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 3,773.479 95.700 4,211.155
201406 3,762.832 98.000 4,100.719
201409 3,833.421 98.500 4,156.440
201412 3,880.745 97.900 4,233.540
201503 3,928.460 97.900 4,285.593
201506 3,931.426 98.400 4,267.036
201509 3,905.440 98.500 4,234.528
201512 3,847.602 98.100 4,188.827
201603 3,915.022 97.900 4,270.933
201606 3,765.462 98.100 4,099.402
201609 3,730.983 98.000 4,066.010
201612 3,704.953 98.400 4,021.229
201703 3,897.771 98.100 4,243.445
201706 3,859.086 98.500 4,184.268
201709 3,866.747 98.800 4,179.844
201712 3,858.833 99.400 4,146.110
201803 3,852.547 99.200 4,147.702
201806 3,800.435 99.200 4,091.597
201809 3,836.479 99.900 4,101.461
201812 3,758.993 99.700 4,026.685
201903 3,749.941 99.700 4,016.988
201906 3,670.939 99.800 3,928.420
201909 3,690.316 100.100 3,937.320
201912 3,705.468 100.500 3,937.751
202003 3,625.150 100.300 3,860.080
202006 3,627.241 99.900 3,877.771
202009 3,651.869 99.900 3,904.100
202012 3,703.813 99.300 3,983.557
202103 3,824.770 99.900 4,088.943
202106 3,815.934 99.500 4,095.897
202109 3,873.129 100.100 4,132.369
202112 3,930.367 100.100 4,193.439
202203 4,043.119 101.100 4,271.069
202206 4,124.303 101.800 4,326.872
202209 4,321.831 103.100 4,476.931
202212 4,261.998 104.100 4,372.540
202303 4,383.016 104.400 4,483.775
202306 4,469.328 105.200 4,537.303
202309 4,603.724 106.200 4,629.734
202312 4,517.192 106.800 4,517.192

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


Ryosan Co  (TSE:8140) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4920.00/4170.71
=1.18

* 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 Ryosan Co was 1.29. The lowest was 0.49. And the median was 0.71.


Be Aware

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


Ryosan Co Cyclically Adjusted Book per Share Related Terms

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


Ryosan Co (TSE:8140) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ryosan Co Ltd (TSE:8140) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
2-3-5, Higashi-Kanda, Chiyoda-ku, Tokyo, JPN, 101-0031
Ryosan Co Ltd is a Japan-based electronic trading company that sells semiconductors, electronic components, and electronic equipment. The company also has a solutions operation that complements other business segments by aiding customers with the optimization of their manufacturing processes. The majority of Ryosan's revenue can be traced back to its semiconductor business where it serves as the intermediary between semiconductor producers and electronics manufacturers. Products are sold primarily to market participants in Asia, with the majority of demand coming from customers in Japan and China.

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