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Asia Air Survey Co (TSE:9233) Cyclically Adjusted Book per Share : 円844.64 (As of Sep. 2024)


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What is Asia Air Survey 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.

Asia Air Survey Co's adjusted book value per share for the three months ended in Sep. 2024 was 円1,151.335. 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844.64 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Asia Air Survey Co's average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.70% 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 Asia Air Survey Co was 11.50% per year. The lowest was 8.80% per year. And the median was 10.70% per year.

As of today (2025-04-26), Asia Air Survey Co's current stock price is 円1089.00. Asia Air Survey Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円844.64. Asia Air Survey Co's Cyclically Adjusted PB Ratio of today is 1.29.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Asia Air Survey Co was 2.20. The lowest was 0.98. And the median was 1.35.


Asia Air Survey Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Asia Air Survey 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.

Asia Air Survey Co Cyclically Adjusted Book per Share Chart

Asia Air Survey Co Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 563.75 618.24 697.57 780.91 844.64

Asia Air Survey Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 759.12 780.91 799.33 817.28 844.64

Competitive Comparison of Asia Air Survey Co's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Asia Air Survey 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.


Asia Air Survey Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Asia Air Survey Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Asia Air Survey Co's Cyclically Adjusted PB Ratio falls into.


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Asia Air Survey 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, Asia Air Survey Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1151.335/108.9000*108.9000
=1,151.335

Current CPI (Sep. 2024) = 108.9000.

Asia Air Survey Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 510.514 98.500 564.416
201412 469.093 97.900 521.800
201503 541.113 97.900 601.912
201506 531.799 98.400 588.546
201509 528.660 98.500 584.478
201512 508.823 98.100 564.840
201603 585.047 97.900 650.783
201606 550.053 98.100 610.609
201609 552.339 98.000 613.773
201612 539.841 98.400 597.446
201703 642.662 98.100 713.414
201706 615.114 98.500 680.060
201709 624.616 98.800 688.468
201712 595.482 99.400 652.394
201803 693.623 99.200 761.447
201806 659.731 99.200 724.241
201809 662.029 99.900 721.671
201812 634.296 99.700 692.827
201903 803.705 99.700 877.868
201906 729.175 99.800 795.663
201909 771.221 100.100 839.021
201912 770.603 100.500 835.012
202003 866.067 100.300 940.326
202006 843.165 99.900 919.126
202009 860.589 99.900 938.120
202012 838.978 99.300 920.088
202103 860.589 99.900 938.120
202106 928.075 99.500 1,015.752
202109 944.929 100.100 1,028.000
202112 920.305 100.100 1,001.211
202203 1,047.220 101.100 1,128.014
202206 995.947 101.800 1,065.409
202209 1,005.554 103.100 1,062.123
202212 990.158 104.100 1,035.814
202303 1,141.943 104.400 1,191.165
202306 1,081.885 105.200 1,119.936
202309 1,093.794 106.200 1,121.602
202312 1,074.045 106.800 1,095.164
202403 1,214.164 107.200 1,233.418
202409 1,151.335 108.900 1,151.335

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


Asia Air Survey Co  (TSE:9233) 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.

Asia Air Survey Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1089.00/844.64
=1.29

* 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 Asia Air Survey Co was 2.20. The lowest was 0.98. And the median was 1.35.


Be Aware

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


Asia Air Survey Co Cyclically Adjusted Book per Share Related Terms

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


Asia Air Survey Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
6-14-1 Nishi Shinjuku, Shinjuku-ku, Green Tower Building, 15th Floor, Tokyo, JPN, 160-0023
Asia Air Survey Co Ltd is a construction consulting company specializing in aerial surveying. The company includes a group of technical specialists with high-precision, specialized technology in businesses and fields such as surveying, disaster prevention, the environment and spatial information.

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