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SE Holdings andubations Co (TSE:9478) Cyclically Adjusted Book per Share : 円247.10 (As of Dec. 2023)


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What is SE Holdings andubations 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.

SE Holdings andubations Co's adjusted book value per share for the three months ended in Dec. 2023 was 円425.600. 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247.10 for the trailing ten years ended in Dec. 2023.

During the past 12 months, SE Holdings andubations Co's average Cyclically Adjusted Book Growth Rate was 10.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.80% 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 SE Holdings andubations Co was 3.20% per year. The lowest was -1.70% per year. And the median was 0.75% per year.

As of today (2024-05-22), SE Holdings andubations Co's current stock price is 円292.00. SE Holdings andubations Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円247.10. SE Holdings andubations Co's Cyclically Adjusted PB Ratio of today is 1.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SE Holdings andubations Co was 1.45. The lowest was 0.57. And the median was 1.03.


SE Holdings andubations Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for SE Holdings andubations 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.

SE Holdings andubations Co Cyclically Adjusted Book per Share Chart

SE Holdings andubations 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 210.27 207.13 203.49 210.18 227.55

SE Holdings andubations 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 223.51 227.55 233.70 240.78 247.10

Competitive Comparison of SE Holdings andubations Co's Cyclically Adjusted Book per Share

For the Publishing subindustry, SE Holdings andubations 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.


SE Holdings andubations Co's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, SE Holdings andubations Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SE Holdings andubations Co's Cyclically Adjusted PB Ratio falls into.



SE Holdings andubations 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, SE Holdings andubations 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)
=425.6/106.8000*106.8000
=425.600

Current CPI (Dec. 2023) = 106.8000.

SE Holdings andubations Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 173.478 95.700 193.599
201406 171.818 98.000 187.247
201409 172.243 98.500 186.757
201412 176.416 97.900 192.454
201503 177.826 97.900 193.992
201506 177.954 98.400 193.145
201509 172.078 98.500 186.578
201512 176.804 98.100 192.484
201603 176.349 97.900 192.381
201606 174.104 98.100 189.544
201609 176.867 98.000 192.749
201612 181.918 98.400 197.448
201703 180.752 98.100 196.782
201706 191.890 98.500 208.059
201709 195.948 98.800 211.814
201712 203.935 99.400 219.117
201803 200.612 99.200 215.981
201806 202.037 99.200 217.516
201809 204.395 99.900 218.512
201812 203.420 99.700 217.906
201903 206.327 99.700 221.020
201906 209.509 99.800 224.204
201909 209.912 100.100 223.962
201912 219.951 100.500 233.739
202003 202.496 100.300 215.619
202006 211.108 99.900 225.689
202009 219.480 99.900 234.639
202012 229.795 99.300 247.151
202103 249.734 99.900 266.983
202106 261.634 99.500 280.829
202109 270.453 100.100 288.555
202112 284.946 100.100 304.018
202203 298.884 101.100 315.735
202206 308.691 101.800 323.853
202209 315.280 103.100 326.595
202212 341.584 104.100 350.444
202303 357.470 104.400 365.688
202306 388.804 105.200 394.717
202309 408.446 106.200 410.754
202312 425.600 106.800 425.600

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


SE Holdings andubations Co  (TSE:9478) 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.

SE Holdings andubations Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=292.00/247.1
=1.18

* 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 SE Holdings andubations Co was 1.45. The lowest was 0.57. And the median was 1.03.


Be Aware

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


SE Holdings andubations Co Cyclically Adjusted Book per Share Related Terms

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


SE Holdings andubations Co (TSE:9478) Business Description

Traded in Other Exchanges
N/A
Address
5 Funamachi, Shinjuku-ku, Tokyo, JPN, 160-0006
SE Holdings and Incubations Co., Ltd. is engaged in diversified businesses namely IT technology information services; mobile internet services; marketing services for IT-related enterprises; store operations utilizing IT technology and Development of IT engineers and human resources services.

SE Holdings andubations Co (TSE:9478) Headlines

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