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Kanamoto Co (TSE:9678) Cyclically Adjusted Book per Share : 円3,156.48 (As of Oct. 2024)


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What is Kanamoto 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.

Kanamoto Co's adjusted book value per share for the three months ended in Oct. 2024 was 円3,950.313. 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3,156.48 for the trailing ten years ended in Oct. 2024.

During the past 12 months, Kanamoto Co's average Cyclically Adjusted Book Growth Rate was 9.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.10% 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 Kanamoto Co was 11.80% per year. The lowest was 9.80% per year. And the median was 11.10% per year.

As of today (2025-05-29), Kanamoto Co's current stock price is 円3265.00. Kanamoto Co's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2024 was 円3,156.48. Kanamoto Co's Cyclically Adjusted PB Ratio of today is 1.03.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kanamoto Co was 2.67. The lowest was 0.77. And the median was 1.10.


Kanamoto Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kanamoto 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.

Kanamoto Co Cyclically Adjusted Book per Share Chart

Kanamoto Co Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,067.72 2,281.01 2,592.50 2,890.17 3,156.48

Kanamoto Co Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 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 2,933.82 3,005.90 3,081.20 3,156.48 -

Competitive Comparison of Kanamoto Co's Cyclically Adjusted Book per Share

For the Rental & Leasing Services subindustry, Kanamoto 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.


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

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

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


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

Adj_Book= Book Value per Share /CPI of Oct. 2024 (Change)*Current CPI (Oct. 2024)
=3950.313/109.5000*109.5000
=3,950.313

Current CPI (Oct. 2024) = 109.5000.

Kanamoto Co Quarterly Data

Book Value per Share CPI Adj_Book
201501 1,860.017 97.800 2,082.534
201504 1,932.852 98.400 2,150.887
201507 1,943.785 98.300 2,165.254
201510 1,969.072 98.500 2,188.968
201601 2,010.328 97.700 2,253.131
201604 2,087.861 98.100 2,330.487
201607 2,093.435 97.900 2,341.482
201610 2,169.869 98.600 2,409.743
201701 2,235.264 98.200 2,492.479
201704 2,324.146 98.500 2,583.695
201707 2,349.359 98.300 2,617.038
201710 2,440.363 98.800 2,704.653
201801 2,501.655 99.500 2,753.078
201804 2,592.575 99.100 2,864.651
201807 2,613.656 99.200 2,885.034
201810 2,707.434 100.200 2,958.723
201901 2,831.820 99.700 3,110.173
201904 2,958.699 100.000 3,239.775
201907 2,962.937 99.800 3,250.918
201910 2,981.621 100.400 3,251.868
202001 3,011.926 100.500 3,281.651
202004 3,077.772 100.200 3,363.433
202007 3,080.972 100.000 3,373.664
202010 3,150.253 99.800 3,456.440
202101 3,189.244 99.800 3,499.221
202104 3,279.025 99.100 3,623.141
202107 3,299.130 99.700 3,623.418
202110 3,356.973 99.900 3,679.565
202201 3,385.040 100.300 3,695.532
202204 3,495.466 101.500 3,770.971
202207 3,508.432 102.300 3,755.360
202210 3,571.908 103.700 3,771.687
202301 3,565.025 104.700 3,728.465
202304 3,625.485 105.100 3,777.266
202307 3,659.845 105.700 3,791.419
202310 3,729.597 107.100 3,813.173
202401 3,753.176 106.900 3,844.460
202404 3,839.842 107.700 3,904.018
202407 3,889.049 108.600 3,921.279
202410 3,950.313 109.500 3,950.313

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


Kanamoto Co  (TSE:9678) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3265.00/3156.48
=1.03

* 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 Kanamoto Co was 2.67. The lowest was 0.77. And the median was 1.10.


Be Aware

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


Kanamoto Co Cyclically Adjusted Book per Share Related Terms

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


Kanamoto Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
1-19, Odori Higashi 3-chome Chuo-ku, Sapporo, Hokkaido, JPN, 060-0041
Kanamoto Co Ltd is a provider of construction equipment rentals. The company operates three business segments: construction equipment rental, steel products, and computing products. The construction equipment rental business is Kanamoto's core business, accounting for most of the company's revenue. The company owns various hand tools and construction equipment, such as dump trucks and hydraulic excavators, which it rents out to its customers. The steel products business sells various construction materials for engineering and construction works. The computing products business provides rentals and sale of computer-related equipment. Kanamoto operates in Asia.

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