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Sun Frontier Fudousan Co (TSE:8934) Cyclically Adjusted Book per Share : 円1,168.50 (As of Dec. 2023)


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What is Sun Frontier Fudousan 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.

Sun Frontier Fudousan Co's adjusted book value per share for the three months ended in Dec. 2023 was 円1,826.293. 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1,168.50 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Sun Frontier Fudousan Co's average Cyclically Adjusted Book Growth Rate was -100.00% 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 Sun Frontier Fudousan Co was 19.60% per year. The lowest was 18.10% per year. And the median was 18.80% per year.

As of today (2024-06-21), Sun Frontier Fudousan Co's current stock price is 円1962.00. Sun Frontier Fudousan Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,168.50. Sun Frontier Fudousan Co's Cyclically Adjusted PB Ratio of today is 1.68.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sun Frontier Fudousan Co was 3.30. The lowest was 1.07. And the median was 1.39.


Sun Frontier Fudousan Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sun Frontier Fudousan 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.

Sun Frontier Fudousan Co Cyclically Adjusted Book per Share Chart

Sun Frontier Fudousan Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 620.85 738.14 876.37 1,041.00 -

Sun Frontier Fudousan 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 1,041.00 1,082.07 1,127.40 1,168.50 -

Competitive Comparison of Sun Frontier Fudousan Co's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Sun Frontier Fudousan 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.


Sun Frontier Fudousan Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sun Frontier Fudousan Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sun Frontier Fudousan 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, Sun Frontier Fudousan 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)
=1826.293/106.8000*106.8000
=1,826.293

Current CPI (Dec. 2023) = 106.8000.

Sun Frontier Fudousan Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 426.134 95.700 475.560
201406 433.409 98.000 472.327
201409 474.916 98.500 514.934
201412 503.467 97.900 549.237
201503 530.957 97.900 579.226
201506 542.188 98.400 588.472
201509 577.917 98.500 626.615
201512 614.479 98.100 668.974
201603 704.925 97.900 769.009
201606 738.536 98.100 804.033
201609 758.979 98.000 827.132
201612 783.687 98.400 850.587
201703 834.400 98.100 908.399
201706 833.625 98.500 903.870
201709 886.904 98.800 958.718
201712 947.192 99.400 1,017.707
201803 1,003.050 99.200 1,079.897
201806 1,031.231 99.200 1,110.237
201809 1,088.071 99.900 1,163.223
201812 1,129.889 99.700 1,210.353
201903 1,145.454 99.700 1,227.026
201906 1,245.202 99.800 1,332.541
201909 1,258.769 100.100 1,343.022
201912 1,290.736 100.500 1,371.648
202003 1,327.176 100.300 1,413.184
202006 1,306.908 99.900 1,397.175
202009 1,354.651 99.900 1,448.215
202012 1,365.904 99.300 1,469.069
202103 1,368.470 99.900 1,462.989
202106 1,427.055 99.500 1,531.754
202109 1,451.450 100.100 1,548.600
202112 1,465.413 100.100 1,563.498
202203 1,464.345 101.100 1,546.905
202206 1,540.353 101.800 1,616.009
202209 1,561.232 103.100 1,617.261
202212 1,645.698 104.100 1,688.382
202303 1,663.908 104.400 1,702.159
202306 1,699.705 105.200 1,725.556
202309 1,819.879 106.200 1,830.161
202312 1,826.293 106.800 1,826.293

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


Sun Frontier Fudousan Co  (TSE:8934) 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.

Sun Frontier Fudousan Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1962.00/1168.5
=1.68

* 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 Sun Frontier Fudousan Co was 3.30. The lowest was 1.07. And the median was 1.39.


Be Aware

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


Sun Frontier Fudousan Co Cyclically Adjusted Book per Share Related Terms

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


Sun Frontier Fudousan Co (TSE:8934) Business Description

Traded in Other Exchanges
N/A
Address
2-2, Yurakucho 1-chom, Tokyo, JPN
Sun Frontier Fudousan Co Ltd is a Japan-based real estate services company. The company revitalizes and distributes real estate properties. Its activities include replanning, property management, commercial real estate brokerage, leasing management and construction and renovation. In the real estate revitalization business, it reduces vacancy rates by revitalizing commercial buildings using capitalization method. In the real estate business, it manages commercial property in central Tokyo, under which its main business are replanning, sales brokerage, rental brokerage, building management, construction planning, delinquent rent guarantee and asset consultancy.

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