/term/cyclically-adjusted-book/TSE:8798 Advance Create Co (TSE:8798) Cyclically Adjusted Book per S
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Advance Create Co (TSE:8798) Cyclically Adjusted Book per Share : 円252.30 (As of Mar. 2024)


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What is Advance Create 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.

Advance Create Co's adjusted book value per share for the three months ended in Mar. 2024 was 円200.396. 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252.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Advance Create Co's average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.50% 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 Advance Create Co was 6.70% per year. The lowest was 3.90% per year. And the median was 5.90% per year.

As of today (2024-06-20), Advance Create Co's current stock price is 円1062.00. Advance Create Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円252.30. Advance Create Co's Cyclically Adjusted PB Ratio of today is 4.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Advance Create Co was 6.67. The lowest was 3.05. And the median was 4.59.

Advance Create Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Advance Create 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.

Advance Create Co Cyclically Adjusted Book per Share Chart

Advance Create Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 199.16 206.47 217.78 236.82 250.88

Advance Create Co 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 245.11 248.60 250.88 251.89 252.30

Competitive Comparison of Advance Create Co's Cyclically Adjusted Book per Share

For the Insurance - Diversified subindustry, Advance Create 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.

Advance Create Co's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Advance Create Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


Advance Create 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, Advance Create Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=200.396/107.2000*107.2000
=200.396

Current CPI (Mar. 2024) = 107.2000.

Advance Create Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 195.355 98.000 213.694
201409 207.667 98.500 226.009
201412 217.468 97.900 238.126
201503 230.187 97.900 252.054
201506 225.025 98.400 245.149
201509 219.073 98.500 238.423
201512 198.035 98.100 216.405
201603 210.097 97.900 230.055
201606 199.059 98.100 217.524
201609 213.028 98.000 233.027
201612 198.557 98.400 216.314
201703 202.075 98.100 220.820
201706 196.839 98.500 214.225
201709 216.287 98.800 234.676
201712 203.044 99.400 218.977
201803 210.198 99.200 227.149
201806 202.461 99.200 218.789
201809 216.742 99.900 232.580
201812 201.018 99.700 216.140
201903 214.298 99.700 230.419
201906 208.625 99.800 224.094
201909 222.200 100.100 237.960
201912 219.248 100.500 233.865
202003 251.008 100.300 268.276
202006 238.700 99.900 256.143
202009 261.242 99.900 280.332
202012 254.984 99.300 275.270
202103 287.050 99.900 308.026
202106 292.818 99.500 315.478
202109 305.598 100.100 327.274
202112 288.146 100.100 308.584
202203 313.923 101.100 332.864
202206 311.125 101.800 327.629
202209 326.754 103.100 339.748
202212 293.606 104.100 302.349
202303 324.520 104.400 333.224
202306 262.445 105.200 267.434
202309 212.351 106.200 214.351
202312 197.566 106.800 198.306
202403 200.396 107.200 200.396

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

Advance Create Co  (TSE:8798) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1062.00/252.3
=4.21

* 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 Advance Create Co was 6.67. The lowest was 3.05. And the median was 4.59.

Be Aware

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

Advance Create Co Cyclically Adjusted Book per Share Related Terms

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

Advance Create Co (TSE:8798) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Advance Create Co Ltd (TSE:8798) » Definitions » Cyclically Adjusted Book per Share
Comparable Companies
TSE:7326 TSE:7343 TSE:9679 NGO:5836 TSE:5843 TSE:7170 BRK.A XTER:ALV XSWX:ZURN XPAR:CS AIG ACGL MIL:G TSX:SLF HIG OHEL:SAMPO XSWX:SLHN XTER:TLX LSE:AV. BSP:BBSE3
Traded in Other Exchanges
N/A
Address
Nomura Building 6, Nagoya, JPN
Website
http://www.advancecreate.co.jp
Advance Create Co Ltd is engaged in the business of insurance agent for life insurance and property insurance. The type of insurances recommended are medical insurance, cancer insurance, life insurance, unemployment insurance, and specific disease protection insurance.

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