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Ichinen Holdings Co (TSE:9619) Cyclically Adjusted Book per Share : 円1,676.72 (As of Dec. 2024)


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What is Ichinen Holdings 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.

Ichinen Holdings Co's adjusted book value per share for the three months ended in Dec. 2024 was 円2,707.838. 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1,676.72 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Ichinen Holdings Co's average Cyclically Adjusted Book Growth Rate was -100.00% 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 Ichinen Holdings Co was 13.20% per year. The lowest was 9.40% per year. And the median was 10.90% per year.

As of today (2025-05-29), Ichinen Holdings Co's current stock price is 円1635.00. Ichinen Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円1,676.72. Ichinen Holdings Co's Cyclically Adjusted PB Ratio of today is 0.98.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ichinen Holdings Co was 1.89. The lowest was 0.91. And the median was 1.17.


Ichinen Holdings Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ichinen Holdings 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.

Ichinen Holdings Co Cyclically Adjusted Book per Share Chart

Ichinen Holdings Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,047.22 1,168.86 1,334.56 1,518.91 -

Ichinen Holdings Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1,518.91 - 1,605.15 1,676.72 -

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

For the Rental & Leasing Services subindustry, Ichinen Holdings 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.


Ichinen Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ichinen Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Ichinen Holdings 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, Ichinen Holdings Co's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=2707.838/110.7000*110.7000
=2,707.838

Current CPI (Dec. 2024) = 110.7000.

Ichinen Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201503 909.713 97.900 1,028.654
201506 873.256 98.400 982.413
201509 912.177 98.500 1,025.157
201512 934.044 98.100 1,054.013
201603 972.880 97.900 1,100.080
201606 960.545 98.100 1,083.918
201609 1,011.290 98.000 1,142.345
201612 1,034.192 98.400 1,163.466
201703 1,088.784 98.100 1,228.628
201706 1,118.176 98.500 1,256.671
201709 1,175.373 98.800 1,316.941
201712 1,191.837 99.400 1,327.328
201803 1,225.131 99.200 1,367.157
201806 1,235.497 99.200 1,378.725
201809 1,341.843 99.900 1,486.907
201812 1,337.006 99.700 1,484.519
201903 1,373.918 99.700 1,525.504
201906 1,389.813 99.800 1,541.606
201909 1,438.798 100.100 1,591.158
201912 1,471.035 100.500 1,620.334
202003 1,519.198 100.300 1,676.722
202006 1,549.469 99.900 1,716.979
202009 1,549.469 99.900 1,716.979
202012 1,587.785 99.300 1,770.068
202103 1,634.085 99.900 1,810.743
202106 1,672.648 99.500 1,860.926
202109 1,746.158 100.100 1,931.066
202112 1,794.430 100.100 1,984.450
202203 1,823.576 101.100 1,996.735
202206 1,865.960 101.800 2,029.094
202209 1,933.940 103.100 2,076.500
202212 1,965.091 104.100 2,089.679
202303 2,011.100 104.400 2,132.459
202306 2,064.732 105.200 2,172.679
202309 2,132.832 106.200 2,223.206
202312 2,408.764 106.800 2,496.724
202403 2,513.699 107.200 2,595.769
202406 0.000 108.200 0.000
202409 2,653.888 108.900 2,697.754
202412 2,707.838 110.700 2,707.838

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


Ichinen Holdings Co  (TSE:9619) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1635.00/1676.72
=0.98

* 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 Ichinen Holdings Co was 1.89. The lowest was 0.91. And the median was 1.17.


Be Aware

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


Ichinen Holdings Co Cyclically Adjusted Book per Share Related Terms

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


Ichinen Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
1-10-6 four Yodogawa-ku, Osaka, JPN, 532-8567
Ichinen Holdings Co Ltd is engaged in the automotive leasing business, chemicals, parking, sales of machine tools, and synthetic resins.

Ichinen Holdings Co Headlines

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