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AOKI Holdings (TSE:8214) Cyclically Adjusted Book per Share : 円1,670.28 (As of Dec. 2023)


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What is AOKI Holdings 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.

AOKI Holdings's adjusted book value per share for the three months ended in Dec. 2023 was 円1,578.944. 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1,670.28 for the trailing ten years ended in Dec. 2023.

During the past 12 months, AOKI Holdings'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 AOKI Holdings was 2.90% per year. The lowest was 2.50% per year. And the median was 2.70% per year.

As of today (2024-05-26), AOKI Holdings's current stock price is 円1273.00. AOKI Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,670.28. AOKI Holdings's Cyclically Adjusted PB Ratio of today is 0.76.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AOKI Holdings was 1.29. The lowest was 0.28. And the median was 0.55.


AOKI Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for AOKI Holdings'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.

AOKI Holdings Cyclically Adjusted Book per Share Chart

AOKI Holdings 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 1,505.17 1,528.51 1,568.20 1,629.70 -

AOKI Holdings 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 1,629.70 1,643.42 1,660.40 1,670.28 -

Competitive Comparison of AOKI Holdings's Cyclically Adjusted Book per Share

For the Apparel Retail subindustry, AOKI Holdings'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.


AOKI Holdings's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, AOKI Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



AOKI Holdings 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, AOKI Holdings'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)
=1578.944/106.8000*106.8000
=1,578.944

Current CPI (Dec. 2023) = 106.8000.

AOKI Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,439.740 95.700 1,606.732
201406 1,448.843 98.000 1,578.943
201409 1,452.199 98.500 1,574.567
201412 1,474.176 97.900 1,608.192
201503 1,531.779 97.900 1,671.032
201506 1,526.274 98.400 1,656.566
201509 1,526.338 98.500 1,654.953
201512 1,536.229 98.100 1,672.469
201603 1,593.969 97.900 1,738.875
201606 1,570.615 98.100 1,709.905
201609 1,556.050 98.000 1,695.777
201612 1,554.366 98.400 1,687.056
201703 1,649.415 98.100 1,795.693
201706 1,632.889 98.500 1,770.483
201709 1,630.777 98.800 1,762.824
201712 1,635.538 99.400 1,757.298
201803 1,692.680 99.200 1,822.361
201806 1,667.289 99.200 1,795.025
201809 1,659.337 99.900 1,773.946
201812 1,642.704 99.700 1,759.687
201903 1,695.294 99.700 1,816.022
201906 1,659.182 99.800 1,775.557
201909 1,651.779 100.100 1,762.338
201912 1,627.536 100.500 1,729.561
202003 1,644.017 100.300 1,750.558
202006 1,545.018 99.900 1,651.731
202009 1,508.774 99.900 1,612.984
202012 1,485.414 99.300 1,597.605
202103 1,484.130 99.900 1,586.637
202106 1,507.509 99.500 1,618.110
202109 1,484.134 100.100 1,583.472
202112 1,491.250 100.100 1,591.064
202203 1,503.366 101.100 1,588.126
202206 1,516.192 101.800 1,590.661
202209 1,507.182 103.100 1,561.271
202212 1,516.533 104.100 1,555.867
202303 1,554.329 104.400 1,590.061
202306 1,568.797 105.200 1,592.657
202309 1,576.854 106.200 1,585.763
202312 1,578.944 106.800 1,578.944

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


AOKI Holdings  (TSE:8214) 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.

AOKI Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1273.00/1670.28
=0.76

* 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 AOKI Holdings was 1.29. The lowest was 0.28. And the median was 0.55.


Be Aware

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


AOKI Holdings Cyclically Adjusted Book per Share Related Terms

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


AOKI Holdings (TSE:8214) Business Description

Traded in Other Exchanges
N/A
Address
6-56, Katsuraya, Tsuzuki-ku, Yokohama, JPN, 224-8588
AOKI Holdings Inc is a holding company involved in the Fashion business, Anniversaire and bridal business and Entertainment business segments. The fashion business segment comprises the operation of retail chain stores for men's and women's apparel under the brand names of AOKI. Anniversaire and bridal segment offer guesthouse style format for ceremonies and receptions for couples to hold their weddings and anniversaries. The entertainment segment comprises the operation of karaoke restaurants and bars under the brand name of Cote d'Azur and also offers relaxation and refreshing activities in Kaikatsu club.

AOKI Holdings (TSE:8214) Headlines

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