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Kin-Ei (TSE:9636) Cyclically Adjusted Book per Share : 円821.96 (As of Jan. 2025)


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What is Kin-Ei 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.

Kin-Ei's adjusted book value per share for the three months ended in Jan. 2025 was 円925.638. 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821.96 for the trailing ten years ended in Jan. 2025.

During the past 12 months, Kin-Ei's average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.50% 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 Kin-Ei was 6.20% per year. The lowest was 1.50% per year. And the median was 4.15% per year.

As of today (2025-05-29), Kin-Ei's current stock price is 円4115.00. Kin-Ei's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 was 円821.96. Kin-Ei's Cyclically Adjusted PB Ratio of today is 5.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kin-Ei was 5.44. The lowest was 3.88. And the median was 4.67.


Kin-Ei Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kin-Ei'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.

Kin-Ei Cyclically Adjusted Book per Share Chart

Kin-Ei Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 667.86 686.38 735.20 772.08 821.96

Kin-Ei Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25
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 768.07 772.08 784.10 796.87 821.96

Competitive Comparison of Kin-Ei's Cyclically Adjusted Book per Share

For the Entertainment subindustry, Kin-Ei'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.


Kin-Ei's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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


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Kin-Ei 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, Kin-Ei's adjusted Book Value per Share data for the three months ended in Jan. 2025 was:

Adj_Book= Book Value per Share /CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=925.638/111.2000*111.2000
=925.638

Current CPI (Jan. 2025) = 111.2000.

Kin-Ei Quarterly Data

Book Value per Share CPI Adj_Book
201501 608.622 97.800 692.012
201504 607.023 98.400 685.985
201507 620.371 98.300 701.783
201510 633.185 98.500 714.824
201601 630.419 97.700 717.529
201604 632.024 98.100 716.423
201607 646.199 97.900 733.987
201610 663.888 98.600 748.726
201701 657.702 98.200 744.770
201704 664.921 98.500 750.652
201707 679.092 98.300 768.210
201710 688.822 98.800 775.273
201801 690.365 99.500 771.544
201804 697.749 99.100 782.943
201807 710.732 99.200 796.708
201810 727.934 100.200 807.847
201901 721.571 99.700 804.801
201904 733.152 100.000 815.265
201907 756.933 99.800 843.396
201910 772.987 100.400 856.137
202001 757.942 100.500 838.638
202004 746.436 100.200 828.380
202007 744.806 100.000 828.224
202010 761.044 99.800 847.977
202101 767.251 99.800 854.893
202104 772.697 99.100 867.042
202107 774.145 99.700 863.440
202110 794.840 99.900 884.747
202201 796.527 100.300 883.089
202204 803.531 101.500 880.322
202207 817.066 102.300 888.150
202210 829.812 103.700 889.827
202301 831.678 104.700 883.310
202304 840.918 105.100 889.725
202307 864.383 105.700 909.360
202310 876.641 107.100 910.201
202401 878.659 106.900 914.003
202404 900.021 107.700 929.270
202407 911.575 108.600 933.399
202501 925.638 111.200 925.638

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


Kin-Ei  (TSE:9636) 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.

Kin-Ei's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4115.00/821.96
=5.01

* 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 Kin-Ei was 5.44. The lowest was 3.88. And the median was 4.67.


Be Aware

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


Kin-Ei Cyclically Adjusted Book per Share Related Terms

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


Kin-Ei Business Description

Traded in Other Exchanges
N/A
Address
5-1 Abenosuji 1-Chome Abeno-ku, Osaka, JPN
Kin-Ei Corp operates in the entertainment industry in Japan. It is engaged in the management of movie box office, rental buildings as well as entertainment venues.

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