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Olympic Group (TSE:8289) Cyclically Adjusted Book per Share : 円1,177.89 (As of Nov. 2023)


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What is Olympic Group 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.

Olympic Group's adjusted book value per share for the three months ended in Nov. 2023 was 円1,136.622. 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1,177.89 for the trailing ten years ended in Nov. 2023.

During the past 12 months, Olympic Group's average Cyclically Adjusted Book Growth Rate was 2.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.20% 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 Olympic Group was 0.20% per year. The lowest was -0.80% per year. And the median was -0.30% per year.

As of today (2024-05-03), Olympic Group's current stock price is 円509.00. Olympic Group's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 was 円1,177.89. Olympic Group's Cyclically Adjusted PB Ratio of today is 0.43.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Olympic Group was 1.03. The lowest was 0.36. And the median was 0.56.


Olympic Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Olympic Group'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.

Olympic Group Cyclically Adjusted Book per Share Chart

Olympic Group Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,153.92 1,146.25 1,126.56 1,127.43 1,153.49

Olympic Group Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 1,154.78 1,153.49 1,163.10 1,169.58 1,177.89

Competitive Comparison of Olympic Group's Cyclically Adjusted Book per Share

For the Specialty Retail subindustry, Olympic Group'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.


Olympic Group's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

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



Olympic Group 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, Olympic Group's adjusted Book Value per Share data for the three months ended in Nov. 2023 was:

Adj_Book= Book Value per Share /CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=1136.622/106.9000*106.9000
=1,136.622

Current CPI (Nov. 2023) = 106.9000.

Olympic Group Quarterly Data

Book Value per Share CPI Adj_Book
201402 1,117.752 95.500 1,251.180
201405 1,162.206 98.100 1,266.461
201408 1,113.181 98.300 1,210.570
201411 1,101.863 97.900 1,203.158
201502 1,095.638 97.600 1,200.038
201505 1,085.844 98.700 1,176.056
201508 1,087.237 98.400 1,181.155
201511 1,090.632 98.100 1,188.466
201602 1,081.756 97.800 1,182.410
201605 1,078.709 98.200 1,174.277
201608 1,084.542 97.900 1,184.245
201611 1,088.199 98.600 1,179.802
201702 1,075.797 98.100 1,172.301
201705 1,069.268 98.600 1,159.277
201708 1,072.054 98.500 1,163.478
201711 1,070.748 99.100 1,155.025
201802 1,054.694 99.500 1,133.134
201805 1,046.031 99.300 1,126.090
201808 1,050.210 99.800 1,124.924
201811 1,054.650 100.000 1,127.421
201902 1,049.575 99.700 1,125.372
201905 1,040.477 100.000 1,112.270
201908 1,037.995 100.000 1,109.617
201911 1,045.744 100.500 1,112.339
202002 1,032.118 100.300 1,100.034
202005 1,060.981 100.100 1,133.056
202008 1,106.211 100.100 1,181.358
202011 1,126.280 99.500 1,210.044
202102 1,149.677 99.800 1,231.468
202105 1,156.512 99.400 1,243.774
202108 1,176.494 99.700 1,261.456
202111 1,177.800 100.100 1,257.810
202202 1,168.092 100.700 1,240.010
202205 1,153.856 101.800 1,211.662
202208 1,154.770 102.700 1,201.995
202211 1,148.197 103.900 1,181.350
202302 1,157.300 104.000 1,189.571
202305 1,139.190 105.100 1,158.700
202308 1,146.635 105.900 1,157.463
202311 1,136.622 106.900 1,136.622

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


Olympic Group  (TSE:8289) 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.

Olympic Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=509.00/1177.89
=0.43

* 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 Olympic Group was 1.03. The lowest was 0.36. And the median was 0.56.


Be Aware

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


Olympic Group Cyclically Adjusted Book per Share Related Terms

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


Olympic Group (TSE:8289) Business Description

Traded in Other Exchanges
N/A
Address
Tokyo Honmachi 4-12-1, Kokubunji, JPN, 185-0012
Olympic Group Corp is a Japan-based company, engages in the retail business. The company offers food, daily necessities, sports and leisure goods, pet supplies, shoes, clothing, DIY and gardening supplies; pet trimming and related products; footwear and related products; golf equipment; and car supplies. It also develops retail businesses such as specialty stores, discount stores, supermarkets, store development, and facility management businesses, as well as the production and wholesale of prepared foods.

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