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Daito Koun Co (TSE:9367) Cyclically Adjusted Book per Share : 円722.74 (As of Dec. 2023)


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What is Daito Koun 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.

Daito Koun Co's adjusted book value per share for the three months ended in Dec. 2023 was 円1,015.629. 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722.74 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Daito Koun Co's average Cyclically Adjusted Book Growth Rate was 11.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.90% 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 Daito Koun Co was 10.10% per year. The lowest was 7.60% per year. And the median was 8.50% per year.

As of today (2024-05-16), Daito Koun Co's current stock price is 円767.00. Daito Koun Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円722.74. Daito Koun Co's Cyclically Adjusted PB Ratio of today is 1.06.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Daito Koun Co was 1.52. The lowest was 1.00. And the median was 1.14.


Daito Koun Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Daito Koun 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.

Daito Koun Co Cyclically Adjusted Book per Share Chart

Daito Koun Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 464.02 499.38 537.76 592.87 666.52

Daito Koun Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 650.88 666.52 685.48 705.80 722.74

Competitive Comparison of Daito Koun Co's Cyclically Adjusted Book per Share

For the Marine Shipping subindustry, Daito Koun 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.


Daito Koun Co's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

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



Daito Koun 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, Daito Koun 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)
=1015.629/106.8000*106.8000
=1,015.629

Current CPI (Dec. 2023) = 106.8000.

Daito Koun Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 425.084 95.700 474.388
201406 424.247 98.000 462.343
201409 440.339 98.500 477.444
201412 456.952 97.900 498.493
201503 472.946 97.900 515.941
201506 489.206 98.400 530.967
201509 477.719 98.500 517.973
201512 493.214 98.100 536.955
201603 509.259 97.900 555.555
201606 513.474 98.100 559.011
201609 530.980 98.000 578.660
201612 550.893 98.400 597.920
201703 566.741 98.100 617.002
201706 577.427 98.500 626.083
201709 587.794 98.800 635.389
201712 612.682 99.400 658.294
201803 610.821 99.200 657.618
201806 613.727 99.200 660.746
201809 626.786 99.900 670.078
201812 641.937 99.700 687.652
201903 653.778 99.700 700.336
201906 659.705 99.800 705.977
201909 681.949 100.100 727.594
201912 706.903 100.500 751.216
202003 712.872 100.300 759.070
202006 716.641 99.900 766.139
202009 727.278 99.900 777.510
202012 758.257 99.300 815.527
202103 795.431 99.900 850.371
202106 804.509 99.500 863.533
202109 834.196 100.100 890.031
202112 865.189 100.100 923.099
202203 887.848 101.100 937.905
202206 898.287 101.800 942.407
202209 926.491 103.100 959.740
202212 962.280 104.100 987.238
202303 978.982 104.400 1,001.487
202306 990.938 105.200 1,006.009
202309 1,004.593 106.200 1,010.269
202312 1,015.629 106.800 1,015.629

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


Daito Koun Co  (TSE:9367) 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.

Daito Koun Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=767.00/722.74
=1.06

* 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 Daito Koun Co was 1.52. The lowest was 1.00. And the median was 1.14.


Be Aware

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


Daito Koun Co Cyclically Adjusted Book per Share Related Terms

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


Daito Koun Co (TSE:9367) Business Description

Industry
Traded in Other Exchanges
N/A
Address
4-6-8 Shibaura, Minato-ku, 7th Floor, Tamachi First Building, Tokyo, JPN, 108-0023
Daito Koun Co Ltd is a Japanese firm which provides marine transportation services. It handles various types of cargo, including refrigerated food, as well as offers import freight, export freight, shipping agency, and customs brokerage services. It also provides port transportation that carries out cargo shipment, landing, handling.

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