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Makiya Co (TSE:9890) Cyclically Adjusted Book per Share : 円1,652.33 (As of Sep. 2024)


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What is Makiya 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.

Makiya Co's adjusted book value per share for the three months ended in Sep. 2024 was 円2,001.258. 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1,652.33 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Makiya Co's average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.60% 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 Makiya Co was 4.90% per year. The lowest was 1.60% per year. And the median was 2.95% per year.

As of today (2025-06-27), Makiya Co's current stock price is 円1032.00. Makiya Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円1,652.33. Makiya Co's Cyclically Adjusted PB Ratio of today is 0.62.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Makiya Co was 0.99. The lowest was 0.46. And the median was 0.57.


Makiya Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Makiya 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.

Makiya Co Cyclically Adjusted Book per Share Chart

Makiya 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 1,374.71 1,397.61 1,446.77 1,529.05 1,613.37

Makiya 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 1,550.42 1,575.56 1,595.58 1,613.37 1,652.33

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

For the Grocery Stores subindustry, Makiya 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.


Makiya Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Makiya Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Makiya 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, Makiya 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)
=2001.258/108.9000*108.9000
=2,001.258

Current CPI (Sep. 2024) = 108.9000.

Makiya Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 1,336.425 98.500 1,477.530
201412 1,360.608 97.900 1,513.485
201503 1,371.002 97.900 1,525.047
201506 1,386.434 98.400 1,534.377
201509 1,384.985 98.500 1,531.217
201512 1,409.905 98.100 1,565.124
201603 1,387.596 97.900 1,543.506
201606 1,399.523 98.100 1,553.599
201609 1,416.144 98.000 1,573.654
201612 1,443.066 98.400 1,597.052
201703 1,404.606 98.100 1,559.242
201706 1,419.543 98.500 1,569.424
201709 1,419.369 98.800 1,564.466
201712 1,445.533 99.400 1,583.688
201803 1,383.910 99.200 1,519.232
201806 1,378.454 99.200 1,513.242
201809 1,381.600 99.900 1,506.068
201812 1,395.483 99.700 1,524.254
201903 1,381.669 99.700 1,509.165
201906 1,381.762 99.800 1,507.754
201909 1,396.615 100.100 1,519.394
201912 1,421.753 100.500 1,540.586
202003 1,404.466 100.300 1,524.889
202006 1,465.530 99.900 1,597.560
202009 1,506.572 99.900 1,642.299
202012 1,535.885 99.300 1,684.369
202103 1,549.486 99.900 1,689.079
202106 1,573.225 99.500 1,721.851
202109 1,616.819 100.100 1,758.957
202112 1,660.309 100.100 1,806.270
202203 1,674.553 101.100 1,803.747
202206 1,691.447 101.800 1,809.416
202209 1,718.646 103.100 1,815.330
202212 1,765.655 104.100 1,847.068
202303 1,781.123 104.400 1,857.896
202306 1,815.261 105.200 1,879.106
202309 1,854.286 106.200 1,901.429
202312 1,912.904 106.800 1,950.517
202403 1,940.295 107.200 1,971.065
202409 2,001.258 108.900 2,001.258

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


Makiya Co  (TSE:9890) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1032.00/1652.33
=0.62

* 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 Makiya Co was 0.99. The lowest was 0.46. And the median was 0.57.


Be Aware

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


Makiya Co Cyclically Adjusted Book per Share Related Terms

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


Makiya Co Business Description

Traded in Other Exchanges
N/A
Address
Obuchi 2373, Shizuoka, Fuji City, JPN
Makiya Co Ltd is engaged in operating chain stores. The stores are operated under the name Espot, Potato, and Mamy in Japan.

Makiya Co Headlines

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