GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Innotech Corp (TSE:9880) » Definitions » Cyclically Adjusted Book per Share

Innotech (TSE:9880) Cyclically Adjusted Book per Share : 円1,700.03 (As of Dec. 2024)


View and export this data going back to 1990. Start your Free Trial

What is Innotech 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.

Innotech's adjusted book value per share for the three months ended in Dec. 2024 was 円1,863.691. 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1,700.03 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Innotech's average Cyclically Adjusted Book Growth Rate was -100.00% 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 Innotech was 4.00% per year. The lowest was 1.60% per year. And the median was 2.45% per year.

As of today (2025-05-29), Innotech's current stock price is 円1322.00. Innotech's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円1,700.03. Innotech's Cyclically Adjusted PB Ratio of today is 0.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Innotech was 1.33. The lowest was 0.54. And the median was 0.89.


Innotech Cyclically Adjusted Book per Share Historical Data

The historical data trend for Innotech'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.

Innotech Cyclically Adjusted Book per Share Chart

Innotech Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,440.57 1,454.32 1,540.61 1,620.51 -

Innotech Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1,620.51 - 1,663.08 1,700.03 -

Competitive Comparison of Innotech's Cyclically Adjusted Book per Share

For the Electronics & Computer Distribution subindustry, Innotech'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.


Innotech's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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


;
;

Innotech 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, Innotech's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=1863.691/110.7000*110.7000
=1,863.691

Current CPI (Dec. 2024) = 110.7000.

Innotech Quarterly Data

Book Value per Share CPI Adj_Book
201503 1,337.516 97.900 1,512.390
201506 1,335.341 98.400 1,502.259
201509 1,364.692 98.500 1,533.720
201512 1,351.442 98.100 1,525.022
201603 1,351.690 97.900 1,528.418
201606 1,347.777 98.100 1,520.886
201609 1,362.561 98.000 1,539.138
201612 1,364.893 98.400 1,535.505
201703 1,384.220 98.100 1,562.010
201706 1,376.254 98.500 1,546.714
201709 1,387.550 98.800 1,554.674
201712 1,394.084 99.400 1,552.566
201803 1,413.305 99.200 1,577.146
201806 1,389.863 99.200 1,550.986
201809 1,420.443 99.900 1,574.004
201812 1,449.098 99.700 1,608.978
201903 1,449.365 99.700 1,609.275
201906 1,437.736 99.800 1,594.763
201909 1,458.405 100.100 1,612.841
201912 1,464.838 100.500 1,613.508
202003 1,550.356 100.300 1,711.111
202006 1,529.150 99.900 1,694.464
202009 1,549.746 99.900 1,717.286
202012 1,565.859 99.300 1,745.625
202103 1,599.602 99.900 1,772.532
202106 1,642.650 99.500 1,827.551
202109 1,709.902 100.100 1,890.971
202112 1,678.390 100.100 1,856.122
202203 1,704.507 101.100 1,866.359
202206 1,702.241 101.800 1,851.062
202209 1,806.172 103.100 1,939.314
202212 1,811.903 104.100 1,926.779
202303 1,806.120 104.400 1,915.110
202306 1,768.118 105.200 1,860.558
202309 1,867.572 106.200 1,946.706
202312 1,824.952 106.800 1,891.594
202403 1,837.275 107.200 1,897.261
202406 0.000 108.200 0.000
202409 1,940.249 108.900 1,972.319
202412 1,863.691 110.700 1,863.691

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


Innotech  (TSE:9880) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1322.00/1700.03
=0.78

* 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 Innotech was 1.33. The lowest was 0.54. And the median was 0.89.


Be Aware

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


Innotech Cyclically Adjusted Book per Share Related Terms

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


Innotech Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Innotech Corp (TSE:9880) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
3-17-6, Shinyokohama Kouhoku-ku, Yokohama-shi, Kanagawa, JPN, 222-8580
Innotech Corp is engaged in the electronics distribution business segment. The company is involved in various business units that are integrated solution, which sells electronic design automation (EDA) software which assists designing of LSIs and electronic circuit boards; test solution, which provide various test solutions utilized during the semiconductor manufacturing process; intelligent system solution, which sells semiconductor devices, and other devices; advance products, which sell hard disk drives, and other memory products; and design analysis solution, which provide noise analysis service and design assistance tools. The company operates its business in Japan.

Innotech Headlines

No Headlines