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Hasegawa Co (TSE:8230) Cyclically Adjusted Book per Share : 円579.99 (As of Dec. 2023)


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What is Hasegawa 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.

Hasegawa Co's adjusted book value per share for the three months ended in Dec. 2023 was 円632.689. 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579.99 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Hasegawa Co's average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.90% 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 Hasegawa Co was 4.10% per year. The lowest was 3.30% per year. And the median was 3.60% per year.

As of today (2024-05-15), Hasegawa Co's current stock price is 円340.00. Hasegawa Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円579.99. Hasegawa Co's Cyclically Adjusted PB Ratio of today is 0.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hasegawa Co was 1.09. The lowest was 0.46. And the median was 0.63.


Hasegawa Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hasegawa 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.

Hasegawa Co Cyclically Adjusted Book per Share Chart

Hasegawa 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 476.77 494.02 505.58 525.76 557.76

Hasegawa 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 552.80 557.76 565.33 573.88 579.99

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

For the Specialty Retail subindustry, Hasegawa 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.


Hasegawa Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

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



Hasegawa 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, Hasegawa 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)
=632.689/106.8000*106.8000
=632.689

Current CPI (Dec. 2023) = 106.8000.

Hasegawa Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 499.395 95.700 557.319
201406 489.085 98.000 533.003
201409 527.806 98.500 572.281
201412 524.323 97.900 571.989
201503 527.948 97.900 575.943
201506 512.033 98.400 555.743
201509 533.502 98.500 578.457
201512 522.960 98.100 569.339
201603 528.296 97.900 576.323
201606 509.355 98.100 554.527
201609 535.025 98.000 583.068
201612 529.447 98.400 574.644
201703 546.188 98.100 594.627
201706 533.062 98.500 577.980
201709 562.902 98.800 608.481
201712 561.936 99.400 603.770
201803 572.040 99.200 615.866
201806 558.972 99.200 601.796
201809 586.036 99.900 626.513
201812 571.480 99.700 612.177
201903 567.067 99.700 607.450
201906 535.391 99.800 572.943
201909 558.145 100.100 595.503
201912 530.906 100.500 564.187
202003 491.288 100.300 523.126
202006 471.723 99.900 504.304
202009 498.752 99.900 533.200
202012 505.846 99.300 544.052
202103 507.826 99.900 542.901
202106 503.312 99.500 540.238
202109 530.373 100.100 565.872
202112 539.059 100.100 575.140
202203 542.760 101.100 573.361
202206 556.408 101.800 583.736
202209 590.047 103.100 611.222
202212 597.437 104.100 612.932
202303 601.907 104.400 615.744
202306 604.584 105.200 613.779
202309 639.614 106.200 643.228
202312 632.689 106.800 632.689

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


Hasegawa Co  (TSE:8230) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=340.00/579.99
=0.59

* 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 Hasegawa Co was 1.09. The lowest was 0.46. And the median was 0.63.


Be Aware

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


Hasegawa Co Cyclically Adjusted Book per Share Related Terms

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


Hasegawa Co (TSE:8230) Business Description

Traded in Other Exchanges
N/A
Address
1-5-3 Koraku, Bunkyo-ku, Koraku International Building, 7th floor, Tokyo, JPN, 112-0004
Hasegawa Co Ltd sells Buddhist altars and Buddhist altars at more than 100 directly managed stores mainly in the Kanto, Tokai, and Kyushu regions. The company operates through three reporting segments namely Ingredients / Tombstones, Indoor Tombstones, and Food / Miscellaneous Goods. The tombstones segment is engaged in the retail sale of Buddhist altar Buddhist altars and tombstones.

Hasegawa Co (TSE:8230) Headlines

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