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SPARX Group Co (TSE:8739) Cyclically Adjusted Book per Share : 円0.00 (As of Dec. 2024)


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What is SPARX Group 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.

SPARX Group Co's adjusted book value per share for the three months ended in Dec. 2024 was 円822.103. 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0.00 for the trailing ten years ended in Dec. 2024.

During the past 12 months, SPARX Group Co's average Cyclically Adjusted Book Growth Rate was 10.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.10% 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 SPARX Group Co was 11.50% per year. The lowest was -0.10% per year. And the median was 6.60% per year.

As of today (2025-05-13), SPARX Group Co's current stock price is 円1525.00. SPARX Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円0.00. SPARX Group Co's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SPARX Group Co was 4.91. The lowest was 2.22. And the median was 3.34.


SPARX Group Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for SPARX Group 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.

SPARX Group Co Cyclically Adjusted Book per Share Chart

SPARX Group Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 371.78 406.85 458.11 515.69 -

SPARX Group Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 515.69 - 541.36 - -

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

For the Asset Management subindustry, SPARX Group 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.


SPARX Group Co's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, SPARX Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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SPARX Group 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, SPARX Group Co's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=822.103/110.7000*110.7000
=822.103

Current CPI (Dec. 2024) = 110.7000.

SPARX Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201503 323.828 97.900 366.167
201506 328.257 98.400 369.289
201509 331.942 98.500 373.056
201512 350.383 98.100 395.386
201603 350.164 97.900 395.946
201606 316.519 98.100 357.173
201609 329.191 98.000 371.851
201612 367.659 98.400 413.616
201703 387.082 98.100 436.799
201706 370.763 98.500 416.685
201709 397.406 98.800 445.272
201712 460.272 99.400 512.597
201803 484.614 99.200 540.794
201806 468.360 99.200 522.656
201809 485.391 99.900 537.866
201812 475.543 99.700 528.010
201903 509.549 99.700 565.768
201906 471.417 99.800 522.904
201909 479.258 100.100 530.009
201912 510.558 100.500 562.376
202003 493.820 100.300 545.024
202006 474.004 99.900 525.248
202009 504.829 99.900 559.405
202012 549.189 99.300 612.238
202103 582.341 99.900 645.297
202106 554.218 99.500 616.602
202109 572.338 100.100 632.945
202112 603.230 100.100 667.109
202203 609.874 101.100 667.785
202206 577.353 101.800 627.829
202209 603.932 103.100 648.451
202212 603.562 104.100 641.828
202303 655.196 104.400 694.734
202306 684.955 105.200 720.765
202309 718.688 106.200 749.141
202312 735.972 106.800 762.847
202403 794.306 107.200 820.239
202406 779.246 108.200 797.251
202409 792.162 108.900 805.256
202412 822.103 110.700 822.103

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


SPARX Group Co  (TSE:8739) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SPARX Group Co was 4.91. The lowest was 2.22. And the median was 3.34.


Be Aware

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


SPARX Group Co Cyclically Adjusted Book per Share Related Terms

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


SPARX Group Co Business Description

Traded in Other Exchanges
Address
1-2-70 Konan, Shinagawa Season Terrace, 6th Floor, Minato-ku, Tokyo, JPN, 108 0075
SPARX Group Co Ltd is a Japan-based holding company engaged in the Asset Management Business and Investment Advisory Business, through its subsidiaries. It operates a variety of investment strategies through a host of entities. The group invests on behalf of corporate pension annuities, government entities, private and trust banks, and public pension funds. Strategies include Japanese equity, Asia ex-Japan alternatives, and Korean strategies. In addition to mutual fund offerings, the company offers advisory services to customers in Japan. Mutual fund offerings are offered directly or through brokerage houses, banks, and other intermediaries globally.

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