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Tokyu Fudosan Holdings (Tokyu Fudosan Holdings) Cyclically Adjusted Book per Share : $5.90 (As of Dec. 2023)


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What is Tokyu Fudosan Holdings 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.

Tokyu Fudosan Holdings's adjusted book value per share for the three months ended in Dec. 2023 was $7.186. 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 $5.90 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Tokyu Fudosan Holdings'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 Tokyu Fudosan Holdings was 7.40% per year. The lowest was 7.40% per year. And the median was 7.40% per year.

As of today (2024-06-19), Tokyu Fudosan Holdings's current stock price is $7.065. Tokyu Fudosan Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $5.90. Tokyu Fudosan Holdings's Cyclically Adjusted PB Ratio of today is 1.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tokyu Fudosan Holdings was 1.49. The lowest was 0.63. And the median was 0.96.


Tokyu Fudosan Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tokyu Fudosan Holdings'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.

Tokyu Fudosan Holdings Cyclically Adjusted Book per Share Chart

Tokyu Fudosan Holdings 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 6.75 6.25 5.80 6.02 -

Tokyu Fudosan Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.02 5.48 5.84 5.90 -

Competitive Comparison of Tokyu Fudosan Holdings's Cyclically Adjusted Book per Share

For the Real Estate - Diversified subindustry, Tokyu Fudosan Holdings'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.


Tokyu Fudosan Holdings's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tokyu Fudosan Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Tokyu Fudosan Holdings 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, Tokyu Fudosan Holdings'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)
=7.186/106.8000*106.8000
=7.186

Current CPI (Dec. 2023) = 106.8000.

Tokyu Fudosan Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 5.850 95.700 6.529
201406 5.928 98.000 6.460
201409 5.731 98.500 6.214
201412 5.247 97.900 5.724
201503 5.394 97.900 5.884
201506 5.276 98.400 5.726
201509 5.565 98.500 6.034
201512 5.546 98.100 6.038
201603 6.091 97.900 6.645
201606 6.466 98.100 7.039
201609 6.794 98.000 7.404
201612 6.071 98.400 6.589
201703 6.435 98.100 7.006
201706 6.566 98.500 7.119
201709 6.706 98.800 7.249
201712 6.707 99.400 7.206
201803 7.250 99.200 7.805
201806 6.971 99.200 7.505
201809 7.031 99.900 7.517
201812 6.777 99.700 7.260
201903 7.025 99.700 7.525
201906 7.213 99.800 7.719
201909 7.437 100.100 7.935
201912 7.338 100.500 7.798
202003 7.533 100.300 8.021
202006 7.278 99.900 7.781
202009 7.629 99.900 8.156
202012 7.798 99.300 8.387
202103 7.631 99.900 8.158
202106 7.595 99.500 8.152
202109 7.724 100.100 8.241
202112 7.568 100.100 8.075
202203 7.407 101.100 7.825
202206 6.749 101.800 7.080
202209 6.640 103.100 6.878
202212 7.121 104.100 7.306
202303 7.218 104.400 7.384
202306 7.016 105.200 7.123
202309 7.010 106.200 7.050
202312 7.186 106.800 7.186

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


Tokyu Fudosan Holdings  (OTCPK:TTUUF) 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.

Tokyu Fudosan Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.065/5.9
=1.20

* 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 Tokyu Fudosan Holdings was 1.49. The lowest was 0.63. And the median was 0.96.


Be Aware

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


Tokyu Fudosan Holdings Cyclically Adjusted Book per Share Related Terms

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


Tokyu Fudosan Holdings (Tokyu Fudosan Holdings) Business Description

Traded in Other Exchanges
Address
Shin-nanpeidai Tokyu Building, Dogenzaka 1-21-2, Shibuya-ku, Tokyo, JPN
Tokyu Fudosan Holdings Corp engages in the management and administration of a host of businesses. The business that compose Tokyu Fudosan Holdings operate in the following business segments: urban development, residential, wellness, innovation, property management, real estate agency, and tokyu hands. Altogether, the group develops, leases, and operates office buildings, commercial facilities, rental residences, and other properties. Tokyu's host of businesses also engage in management and operation of resort facilities, sports clubs, and senior housing. Businesses like the innovation segment serve as a complement and include overseas operations, custom homes, renovation, and landscaping.

Tokyu Fudosan Holdings (Tokyu Fudosan Holdings) Headlines

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