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ES-CON JAPAN (TSE:8892) Cyclically Adjusted Book per Share : 円500.67 (As of Dec. 2024)


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What is ES-CON JAPAN 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.

ES-CON JAPAN's adjusted book value per share for the three months ended in Dec. 2024 was 円777.786. 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500.67 for the trailing ten years ended in Dec. 2024.

During the past 12 months, ES-CON JAPAN's average Cyclically Adjusted Book Growth Rate was 18.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 21.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 21.00% 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 ES-CON JAPAN was 22.20% per year. The lowest was 20.40% per year. And the median was 21.10% per year.

As of today (2025-05-27), ES-CON JAPAN's current stock price is 円996.00. ES-CON JAPAN's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円500.67. ES-CON JAPAN's Cyclically Adjusted PB Ratio of today is 1.99.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ES-CON JAPAN was 5.23. The lowest was 1.93. And the median was 2.56.


ES-CON JAPAN Cyclically Adjusted Book per Share Historical Data

The historical data trend for ES-CON JAPAN'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.

ES-CON JAPAN Cyclically Adjusted Book per Share Chart

ES-CON JAPAN Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 204.38 247.79 303.16 372.75 440.26

ES-CON JAPAN Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 440.26 460.36 477.61 500.67 -

Competitive Comparison of ES-CON JAPAN's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, ES-CON JAPAN'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.


ES-CON JAPAN's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, ES-CON JAPAN's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where ES-CON JAPAN's Cyclically Adjusted PB Ratio falls into.


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ES-CON JAPAN 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, ES-CON JAPAN'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)
=777.786/110.7000*110.7000
=777.786

Current CPI (Dec. 2024) = 110.7000.

ES-CON JAPAN Quarterly Data

Book Value per Share CPI Adj_Book
201412 169.163 97.900 191.280
201503 174.402 97.900 197.204
201506 180.112 98.400 202.626
201509 184.370 98.500 207.206
201512 208.337 98.100 235.096
201603 217.772 97.900 246.245
201606 222.297 98.100 250.849
201609 230.153 98.000 259.979
201612 259.107 98.400 291.495
201703 277.361 98.100 312.985
201706 272.069 98.500 305.767
201709 280.700 98.800 314.509
201712 315.125 99.400 350.949
201803 316.439 99.200 353.123
201806 322.655 99.200 360.060
201809 349.778 99.900 387.592
201812 400.460 99.700 444.643
201903 397.111 99.700 440.925
201906 431.257 99.800 478.358
201909 446.182 100.100 493.430
201912 490.087 100.500 539.827
202003 542.726 100.300 599.001
202006 552.281 99.900 611.987
202009 555.677 99.900 615.750
202012 554.290 99.300 617.925
202103 535.538 99.900 593.434
202106 610.255 99.500 678.947
202109 618.284 100.100 683.757
202112 652.029 100.100 721.075
202203 615.521 101.100 673.968
202206 646.275 101.800 702.776
202209 643.471 103.100 690.904
202212 691.858 104.100 735.722
202303 683.218 104.400 724.447
202306 697.957 105.200 734.447
202309 702.051 106.200 731.799
202312 756.492 106.800 784.117
202406 729.392 108.200 746.245
202409 726.407 108.900 738.414
202412 777.786 110.700 777.786

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


ES-CON JAPAN  (TSE:8892) 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.

ES-CON JAPAN's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=996.00/500.67
=1.99

* 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 ES-CON JAPAN was 5.23. The lowest was 1.93. And the median was 2.56.


Be Aware

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


ES-CON JAPAN Cyclically Adjusted Book per Share Related Terms

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


ES-CON JAPAN Business Description

Industry
Traded in Other Exchanges
N/A
Address
4-2-5 Kanda-Surugadai, 12th Floor, Try Edge Ochanomizu, Chiyoda-ku, Tokyo, JPN, 101-0062
ES-CON JAPAN Ltd. is a Japanese company engaged in real estate trading, leasing and property management and real estate planning and consulting business. The business areas of the company include hotel development, property management, condominiums and houses, real estate investment advisory and others.

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