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Eiwa (TSE:9857) Cyclically Adjusted Book per Share : 円1,799.12 (As of Sep. 2024)


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What is Eiwa 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.

Eiwa's adjusted book value per share for the three months ended in Sep. 2024 was 円2,548.819. 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1,799.12 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Eiwa's average Cyclically Adjusted Book Growth Rate was 10.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.50% 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 Eiwa was 9.00% per year. The lowest was 5.10% per year. And the median was 6.75% per year.

As of today (2025-05-28), Eiwa's current stock price is 円2214.00. Eiwa's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円1,799.12. Eiwa's Cyclically Adjusted PB Ratio of today is 1.23.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Eiwa was 1.32. The lowest was 0.64. And the median was 0.85.


Eiwa Cyclically Adjusted Book per Share Historical Data

The historical data trend for Eiwa'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.

Eiwa Cyclically Adjusted Book per Share Chart

Eiwa 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 1,275.55 1,343.75 1,444.58 1,585.48 1,739.26

Eiwa 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 1,623.31 1,665.25 1,702.41 1,739.26 1,799.12

Competitive Comparison of Eiwa's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, Eiwa'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.


Eiwa's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Eiwa's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Eiwa 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, Eiwa'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)
=2548.819/108.9000*108.9000
=2,548.819

Current CPI (Sep. 2024) = 108.9000.

Eiwa Quarterly Data

Book Value per Share CPI Adj_Book
201409 1,155.328 98.500 1,277.312
201412 1,180.635 97.900 1,313.291
201503 1,225.239 97.900 1,362.906
201506 1,213.507 98.400 1,342.997
201509 1,230.875 98.500 1,360.835
201512 1,244.666 98.100 1,381.693
201603 1,264.830 97.900 1,406.946
201606 1,255.217 98.100 1,393.406
201609 1,284.856 98.000 1,427.763
201612 1,311.150 98.400 1,451.059
201703 1,371.549 98.100 1,522.545
201706 1,351.082 98.500 1,493.734
201709 1,378.760 98.800 1,519.706
201712 1,409.311 99.400 1,544.004
201803 1,476.822 99.200 1,621.229
201806 1,470.420 99.200 1,614.201
201809 1,497.473 99.900 1,632.380
201812 1,528.840 99.700 1,669.917
201903 1,560.298 99.700 1,704.277
201906 1,552.850 99.800 1,694.443
201909 1,603.329 100.100 1,744.281
201912 1,634.169 100.500 1,770.756
202003 1,698.588 100.300 1,844.230
202006 1,688.236 99.900 1,840.329
202009 1,721.397 99.900 1,876.478
202012 1,755.403 99.300 1,925.110
202103 1,876.369 99.900 2,045.411
202106 1,850.424 99.500 2,025.238
202109 1,877.902 100.100 2,042.992
202112 1,911.450 100.100 2,079.490
202203 2,018.642 101.100 2,174.383
202206 1,998.731 101.800 2,138.132
202209 2,036.362 103.100 2,150.920
202212 2,080.285 104.100 2,176.206
202303 2,207.268 104.400 2,302.409
202306 2,218.040 105.200 2,296.051
202309 2,275.084 106.200 2,332.925
202312 2,340.268 106.800 2,386.285
202403 2,490.286 107.200 2,529.777
202409 2,548.819 108.900 2,548.819

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


Eiwa  (TSE:9857) 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.

Eiwa's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2214.00/1799.12
=1.23

* 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 Eiwa was 1.32. The lowest was 0.64. And the median was 0.85.


Be Aware

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


Eiwa Cyclically Adjusted Book per Share Related Terms

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


Eiwa Business Description

Industry
Traded in Other Exchanges
N/A
Address
4-1-7 Kitahorie, Nishi-Ku, Osaka, JPN, 550-0014
Eiwa Corp is a company engaged in the manufacture and sale of industrial measurement Instrumentation, Electronic measuring Instrument, Inspection, and analytical equipment and Information Communication system and other related Instruments. Some of the product offerings of the company comprise of the Pressure sensor, Level sensor, Flowmeter, Wireless communication system, Valves, and Noise monitor.

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