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Sumitomo Warehouse Co (TSE:9303) Cyclically Adjusted Book per Share : 円2,338.35 (As of Mar. 2024)


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What is Sumitomo Warehouse 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.

Sumitomo Warehouse Co's adjusted book value per share for the three months ended in Mar. 2024 was 円3,241.073. 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2,338.35 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sumitomo Warehouse Co's average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.90% 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 Sumitomo Warehouse Co was 8.30% per year. The lowest was 5.00% per year. And the median was 6.35% per year.

As of today (2024-05-24), Sumitomo Warehouse Co's current stock price is 円2525.00. Sumitomo Warehouse Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円2,338.35. Sumitomo Warehouse Co's Cyclically Adjusted PB Ratio of today is 1.08.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sumitomo Warehouse Co was 1.22. The lowest was 0.61. And the median was 0.92.


Sumitomo Warehouse Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sumitomo Warehouse 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.

Sumitomo Warehouse Co Cyclically Adjusted Book per Share Chart

Sumitomo Warehouse 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 1,760.14 1,840.20 1,977.51 2,160.02 2,338.35

Sumitomo Warehouse 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 2,160.02 2,206.19 2,255.52 2,294.90 2,338.35

Competitive Comparison of Sumitomo Warehouse Co's Cyclically Adjusted Book per Share

For the Integrated Freight & Logistics subindustry, Sumitomo Warehouse 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.


Sumitomo Warehouse Co's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Sumitomo Warehouse Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sumitomo Warehouse 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, Sumitomo Warehouse 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)
=3241.073/107.2000*107.2000
=3,241.073

Current CPI (Mar. 2024) = 107.2000.

Sumitomo Warehouse Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,681.933 98.000 1,839.829
201409 1,679.704 98.500 1,828.064
201412 1,748.347 97.900 1,914.431
201503 1,837.897 97.900 2,012.488
201506 1,897.583 98.400 2,067.286
201509 1,819.118 98.500 1,979.791
201512 1,869.816 98.100 2,043.265
201603 1,812.660 97.900 1,984.853
201606 1,750.818 98.100 1,913.228
201609 1,754.130 98.000 1,918.803
201612 1,876.449 98.400 2,044.262
201703 1,916.180 98.100 2,093.930
201706 1,986.302 98.500 2,161.742
201709 2,039.504 98.800 2,212.903
201712 2,147.500 99.400 2,316.016
201803 2,125.894 99.200 2,297.337
201806 2,130.525 99.200 2,302.342
201809 2,116.668 99.900 2,271.339
201812 2,057.419 99.700 2,212.190
201903 2,122.533 99.700 2,282.202
201906 2,081.288 99.800 2,235.612
201909 2,133.403 100.100 2,284.723
201912 2,152.733 100.500 2,296.249
202003 1,981.876 100.300 2,118.216
202006 2,024.294 99.900 2,172.215
202009 2,075.746 99.900 2,227.427
202012 2,172.234 99.300 2,345.050
202103 2,304.400 99.900 2,472.790
202106 2,327.347 99.500 2,507.453
202109 2,450.551 100.100 2,624.366
202112 2,466.450 100.100 2,641.393
202203 2,522.270 101.100 2,674.454
202206 2,596.526 101.800 2,734.259
202209 2,624.813 103.100 2,729.195
202212 2,665.446 104.100 2,744.820
202303 2,740.262 104.400 2,813.756
202306 2,922.880 105.200 2,978.448
202309 2,967.814 106.200 2,995.760
202312 2,989.393 106.800 3,000.589
202403 3,241.073 107.200 3,241.073

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


Sumitomo Warehouse Co  (TSE:9303) 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.

Sumitomo Warehouse Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2525.00/2338.35
=1.08

* 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 Sumitomo Warehouse Co was 1.22. The lowest was 0.61. And the median was 0.92.


Be Aware

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


Sumitomo Warehouse Co Cyclically Adjusted Book per Share Related Terms

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


Sumitomo Warehouse Co (TSE:9303) Business Description

Traded in Other Exchanges
N/A
Address
Nakanoshima 3-chome 2-18, Sumitomo Nakanoshima Building, Kita-ku, Osaka, JPN, 530-0005
Sumitomo Warehouse Co Ltd is a logistics company domiciled in Japan. The company organises itself into three segments: logistics, shipping, and real estate. The logistics segment, which generates the majority of revenue, provides warehousing, transports cargo by air and land, and provides harbour transportation. Shipping, which generates the next largest portion of revenue, includes vessel operations to transport goods by sea. The real estate segment leases and sells real estate. The company derives the majority of income domestically.

Sumitomo Warehouse Co (TSE:9303) Headlines

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