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EF-ON (TSE:9514) Cyclically Adjusted Book per Share : 円618.33 (As of Mar. 2024)


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What is EF-ON 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.

EF-ON's adjusted book value per share for the three months ended in Mar. 2024 was 円851.735. 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618.33 for the trailing ten years ended in Mar. 2024.

During the past 12 months, EF-ON's average Cyclically Adjusted Book Growth Rate was 17.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 23.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 19.70% 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 EF-ON was 23.00% per year. The lowest was 16.40% per year. And the median was 21.90% per year.

As of today (2024-06-20), EF-ON's current stock price is 円417.00. EF-ON's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円618.33. EF-ON's Cyclically Adjusted PB Ratio of today is 0.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of EF-ON was 6.22. The lowest was 0.63. And the median was 2.14.


EF-ON Cyclically Adjusted Book per Share Historical Data

The historical data trend for EF-ON'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.

EF-ON Cyclically Adjusted Book per Share Chart

EF-ON Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 250.91 295.85 366.93 454.14 551.07

EF-ON 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 526.97 551.07 575.52 597.79 618.33

Competitive Comparison of EF-ON's Cyclically Adjusted Book per Share

For the Utilities - Renewable subindustry, EF-ON'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.


EF-ON's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, EF-ON's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where EF-ON's Cyclically Adjusted PB Ratio falls into.



EF-ON 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, EF-ON'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)
=851.735/107.2000*107.2000
=851.735

Current CPI (Mar. 2024) = 107.2000.

EF-ON Quarterly Data

Book Value per Share CPI Adj_Book
201406 132.416 98.000 144.847
201409 230.845 98.500 251.234
201412 246.069 97.900 269.444
201503 263.466 97.900 288.494
201506 264.868 98.400 288.555
201509 274.748 98.500 299.015
201512 285.694 98.100 312.196
201603 299.030 97.900 327.436
201606 352.959 98.100 385.700
201609 363.655 98.000 397.794
201612 398.903 98.400 434.577
201703 418.575 98.100 457.403
201706 442.756 98.500 481.862
201709 468.284 98.800 508.098
201712 495.997 99.400 534.918
201803 522.777 99.200 564.936
201806 550.832 99.200 595.254
201809 572.444 99.900 614.274
201812 588.515 99.700 632.786
201903 612.786 99.700 658.883
201906 640.866 99.800 688.385
201909 649.244 100.100 695.294
201912 666.066 100.500 710.470
202003 694.348 100.300 742.115
202006 713.183 99.900 765.297
202009 730.421 99.900 783.795
202012 750.802 99.300 810.533
202103 767.069 99.900 823.121
202106 782.147 99.500 842.675
202109 788.109 100.100 844.009
202112 791.622 100.100 847.771
202203 802.945 101.100 851.392
202206 816.203 101.800 859.499
202209 824.068 103.100 856.839
202212 840.264 104.100 865.286
202303 853.109 104.400 875.989
202306 846.516 105.200 862.609
202309 843.118 106.200 851.057
202312 854.448 106.800 857.648
202403 851.735 107.200 851.735

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


EF-ON  (TSE:9514) 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.

EF-ON's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=417.00/618.33
=0.67

* 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 EF-ON was 6.22. The lowest was 0.63. And the median was 2.14.


Be Aware

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


EF-ON Cyclically Adjusted Book per Share Related Terms

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


EF-ON (TSE:9514) Business Description

Traded in Other Exchanges
N/A
Address
Tokyo Square Garden, 18th Floor, 3-1-1 Kyobashi, Chuo-ku, Tokyo, JPN, 104-0031
EF-ON Inc is an energy service company. It operates through two business segments. The Energy Conservation Support Services segment is involved in the investigation and diagnostication of the energy usage for corporation customers, as well as the design, construction and operation of energy conservation facilities and systems. The Biomass Power Generation segment is engaged in the development, construction and operation of new energy power plants.

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