GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Gourmet Kineya Co Ltd (TSE:9850) » Definitions » Cyclically Adjusted Book per Share

Gourmet Kineya Co (TSE:9850) Cyclically Adjusted Book per Share : 円577.70 (As of Sep. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Gourmet Kineya 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.

Gourmet Kineya Co's adjusted book value per share for the three months ended in Sep. 2024 was 円390.970. 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577.70 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Gourmet Kineya Co's average Cyclically Adjusted Book Growth Rate was -1.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.10% 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 Gourmet Kineya Co was -1.90% per year. The lowest was -2.40% per year. And the median was -2.15% per year.

As of today (2025-05-30), Gourmet Kineya Co's current stock price is 円990.00. Gourmet Kineya Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円577.70. Gourmet Kineya Co's Cyclically Adjusted PB Ratio of today is 1.71.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Gourmet Kineya Co was 2.02. The lowest was 1.25. And the median was 1.77.


Gourmet Kineya Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Gourmet Kineya 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.

Gourmet Kineya Co Cyclically Adjusted Book per Share Chart

Gourmet Kineya Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 632.27 613.36 604.14 592.10 575.62

Gourmet Kineya Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 587.99 585.51 581.16 575.62 577.70

Competitive Comparison of Gourmet Kineya Co's Cyclically Adjusted Book per Share

For the Restaurants subindustry, Gourmet Kineya 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.


Gourmet Kineya Co's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Gourmet Kineya Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

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

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=390.97/108.9000*108.9000
=390.970

Current CPI (Sep. 2024) = 108.9000.

Gourmet Kineya Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 617.766 98.500 682.992
201412 627.901 97.900 698.452
201503 627.744 97.900 698.277
201506 617.815 98.400 683.740
201509 628.622 98.500 694.994
201512 637.719 98.100 707.927
201603 626.808 97.900 697.236
201606 613.180 98.100 680.686
201609 637.758 98.000 708.692
201612 645.392 98.400 714.260
201703 638.250 98.100 708.516
201706 629.179 98.500 695.610
201709 638.211 98.800 703.453
201712 649.922 99.400 712.037
201803 667.888 99.200 733.196
201806 652.922 99.200 716.766
201809 657.643 99.900 716.890
201812 667.683 99.700 729.295
201903 664.347 99.700 725.651
201906 653.737 99.800 713.346
201909 667.747 100.100 726.450
201912 677.551 100.500 734.182
202003 598.948 100.300 650.303
202006 480.330 99.900 523.603
202009 442.761 99.900 482.649
202012 413.653 99.300 453.644
202103 372.354 99.900 405.899
202106 362.399 99.500 396.636
202109 367.176 100.100 399.455
202112 398.262 100.100 433.274
202203 385.553 101.100 415.299
202206 368.484 101.800 394.184
202209 351.556 103.100 371.333
202212 364.168 104.100 380.960
202303 335.942 104.400 350.422
202306 327.595 105.200 339.117
202309 352.799 106.200 361.768
202312 379.884 106.800 387.354
202403 382.379 107.200 388.443
202409 390.970 108.900 390.970

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


Gourmet Kineya Co  (TSE:9850) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=990.00/577.70
=1.71

* 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 Gourmet Kineya Co was 2.02. The lowest was 1.25. And the median was 1.77.


Be Aware

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


Gourmet Kineya Co Cyclically Adjusted Book per Share Related Terms

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


Gourmet Kineya Co Business Description

Traded in Other Exchanges
N/A
Address
4, No. 7, No. 3-chome, Osaka, JPN
Gourmet Kineya Co Ltd engages in the management of restaurants. The firm operates a chain of stores serving udon, soba, sushi, and western-style cuisine and ethnic-themed restaurants. It is also engaged in offering in-flight catering and food services. In addition, the company is involved in the production, processing, and sale of frozen food; general property leasing services; railway and passenger transportation services; sale of Japanese rice and seafood products; customs clearance and bonded storage business.

Gourmet Kineya Co Headlines

No Headlines