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KSK Co (TSE:9687) Cyclically Adjusted Book per Share : 円1,928.58 (As of Dec. 2023)


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What is KSK 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.

KSK Co's adjusted book value per share for the three months ended in Dec. 2023 was 円2,619.894. 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1,928.58 for the trailing ten years ended in Dec. 2023.

During the past 12 months, KSK Co's average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.70% 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 KSK Co was 7.70% per year. The lowest was 5.60% per year. And the median was 6.30% per year.

As of today (2024-06-23), KSK Co's current stock price is 円3365.00. KSK Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,928.58. KSK Co's Cyclically Adjusted PB Ratio of today is 1.74.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KSK Co was 2.42. The lowest was 1.07. And the median was 1.34.


KSK Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for KSK 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.

KSK Co Cyclically Adjusted Book per Share Chart

KSK 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 1,365.77 1,440.89 1,521.95 1,640.45 1,801.12

KSK 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 1,768.21 1,801.12 1,842.14 1,888.07 1,928.58

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

For the Software - Application subindustry, KSK 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.


KSK Co's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, KSK Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



KSK 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, KSK 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)
=2619.894/106.8000*106.8000
=2,619.894

Current CPI (Dec. 2023) = 106.8000.

KSK Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,285.928 95.700 1,435.080
201406 1,261.855 98.000 1,375.164
201409 1,282.781 98.500 1,390.873
201412 1,303.550 97.900 1,422.055
201503 1,351.673 97.900 1,474.552
201506 1,342.957 98.400 1,457.600
201509 1,365.934 98.500 1,481.033
201512 1,389.228 98.100 1,512.432
201603 1,433.977 97.900 1,564.339
201606 1,419.969 98.100 1,545.899
201609 1,440.417 98.000 1,569.761
201612 1,472.942 98.400 1,598.681
201703 1,580.849 98.100 1,721.047
201706 1,564.780 98.500 1,696.635
201709 1,603.047 98.800 1,732.848
201712 1,649.927 99.400 1,772.759
201803 1,710.015 99.200 1,841.024
201806 1,685.337 99.200 1,814.456
201809 1,721.111 99.900 1,839.987
201812 1,757.966 99.700 1,883.157
201903 1,822.601 99.700 1,952.395
201906 1,745.223 99.800 1,867.633
201909 1,790.641 100.100 1,910.494
201912 1,858.936 100.500 1,975.466
202003 1,904.009 100.300 2,027.399
202006 1,899.181 99.900 2,030.356
202009 1,964.933 99.900 2,100.649
202012 2,034.175 99.300 2,187.814
202103 2,101.061 99.900 2,246.179
202106 2,079.272 99.500 2,231.822
202109 2,136.928 100.100 2,279.959
202112 2,214.192 100.100 2,362.395
202203 2,283.412 101.100 2,412.150
202206 2,262.462 101.800 2,373.585
202209 2,329.335 103.100 2,412.929
202212 2,396.208 104.100 2,458.357
202303 2,475.572 104.400 2,532.482
202306 2,451.630 105.200 2,488.917
202309 2,528.479 106.200 2,542.764
202312 2,619.894 106.800 2,619.894

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


KSK Co  (TSE:9687) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3365.00/1928.58
=1.74

* 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 KSK Co was 2.42. The lowest was 1.07. And the median was 1.34.


Be Aware

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


KSK Co Cyclically Adjusted Book per Share Related Terms

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


KSK Co (TSE:9687) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » KSK Co Ltd (TSE:9687) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
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Address
1625-2, Momura, Inagi-shi, Tokyo, JPN
KSK Co Ltd is a total solutions partner of IT. It provides software development, and customer and data entry services. Its businesses include analog LSI development, middleware/firmware design, web system development, CAD system development, network system integration, computer system integration, data entry business.

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