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Bell-Park Co (TSE:9441) Cyclically Adjusted Book per Share : 円1,275.09 (As of Mar. 2024)


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What is Bell-Park 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.

Bell-Park Co's adjusted book value per share for the three months ended in Mar. 2024 was 円1,710.702. 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1,275.09 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bell-Park Co's average Cyclically Adjusted Book Growth Rate was 10.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.30% 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 Bell-Park Co was 11.60% per year. The lowest was 10.90% per year. And the median was 11.20% per year.

As of today (2024-06-24), Bell-Park Co's current stock price is 円1790.00. Bell-Park Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円1,275.09. Bell-Park Co's Cyclically Adjusted PB Ratio of today is 1.40.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bell-Park Co was 2.77. The lowest was 1.33. And the median was 1.81.


Bell-Park Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bell-Park 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.

Bell-Park Co Cyclically Adjusted Book per Share Chart

Bell-Park Co 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 820.75 897.04 996.54 1,128.41 1,248.48

Bell-Park 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 1,154.45 1,186.08 1,219.91 1,248.48 1,275.09

Competitive Comparison of Bell-Park Co's Cyclically Adjusted Book per Share

For the Specialty Retail subindustry, Bell-Park 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.


Bell-Park Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Bell-Park Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bell-Park Co's Cyclically Adjusted PB Ratio falls into.



Bell-Park 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, Bell-Park 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)
=1710.702/107.2000*107.2000
=1,710.702

Current CPI (Mar. 2024) = 107.2000.

Bell-Park Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 738.308 98.000 807.619
201409 747.648 98.500 813.684
201412 768.955 97.900 842.002
201503 795.155 97.900 870.691
201506 813.084 98.400 885.799
201509 826.253 98.500 899.232
201512 852.152 98.100 931.200
201603 880.652 97.900 964.309
201606 892.753 98.100 975.567
201609 898.084 98.000 982.394
201612 931.402 98.400 1,014.698
201703 956.294 98.100 1,045.002
201706 971.778 98.500 1,057.610
201709 980.373 98.800 1,063.725
201712 1,021.536 99.400 1,101.697
201803 1,053.470 99.200 1,138.427
201806 1,075.549 99.200 1,162.287
201809 1,077.100 99.900 1,155.807
201812 1,108.857 99.700 1,192.272
201903 1,158.562 99.700 1,245.716
201906 1,179.449 99.800 1,266.903
201909 1,199.117 100.100 1,284.169
201912 1,241.593 100.500 1,324.366
202003 1,315.302 100.300 1,405.786
202006 1,337.696 99.900 1,435.446
202009 1,355.660 99.900 1,454.722
202012 1,385.680 99.300 1,495.920
202103 1,434.586 99.900 1,539.416
202106 1,470.581 99.500 1,584.385
202109 1,465.870 100.100 1,569.843
202112 1,495.328 100.100 1,601.390
202203 1,525.598 101.100 1,617.647
202206 1,559.317 101.800 1,642.031
202209 1,562.802 103.100 1,624.950
202212 1,576.908 104.100 1,623.867
202303 1,624.690 104.400 1,668.264
202306 1,645.626 105.200 1,676.912
202309 1,646.293 106.200 1,661.795
202312 1,659.175 106.800 1,665.389
202403 1,710.702 107.200 1,710.702

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


Bell-Park Co  (TSE:9441) 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.

Bell-Park Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1790.00/1275.09
=1.40

* 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 Bell-Park Co was 2.77. The lowest was 1.33. And the median was 1.81.


Be Aware

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


Bell-Park Co Cyclically Adjusted Book per Share Related Terms

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


Bell-Park Co (TSE:9441) Business Description

Traded in Other Exchanges
N/A
Address
1-4-12, Hirakawacho, 6th, 7th, 8th, 9th Floor, Hirakawacho Center Building, Chiyoda-ku, Tokyo, JPN, 102-0093
Bell-Park Co Ltd is engaged in the selling of mobile communication handsets and buying, selling, repair, and maintenance of mobile communication handsets and other office equipment.

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