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Yoshi Innovation (WAR:YOS) Cyclically Adjusted Book per Share : zł2.05 (As of Sep. 2023)


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What is Yoshi Innovation 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.

Yoshi Innovation's adjusted book value per share for the three months ended in Sep. 2023 was zł1.428. 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 zł2.05 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Yoshi Innovation's average Cyclically Adjusted Book Growth Rate was 8.50% 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.

As of today (2024-05-23), Yoshi Innovation's current stock price is zł2.76. Yoshi Innovation's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was zł2.05. Yoshi Innovation's Cyclically Adjusted PB Ratio of today is 1.35.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Yoshi Innovation was 2.29. The lowest was 0.42. And the median was 0.86.


Yoshi Innovation Cyclically Adjusted Book per Share Historical Data

The historical data trend for Yoshi Innovation'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.

Yoshi Innovation Cyclically Adjusted Book per Share Chart

Yoshi Innovation Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.96

Yoshi Innovation Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.89 1.96 2.05 2.06 2.05

Competitive Comparison of Yoshi Innovation's Cyclically Adjusted Book per Share

For the Software - Application subindustry, Yoshi Innovation'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.


Yoshi Innovation's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Yoshi Innovation 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, Yoshi Innovation's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=1.428/146.1131*146.1131
=1.428

Current CPI (Sep. 2023) = 146.1131.

Yoshi Innovation Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.827 101.018 1.196
201403 0.868 101.262 1.252
201406 0.912 101.180 1.317
201409 1.157 100.611 1.680
201412 1.006 100.122 1.468
201503 1.427 100.041 2.084
201506 1.480 100.448 2.153
201509 1.321 99.634 1.937
201512 1.180 99.471 1.733
201603 1.074 98.983 1.585
201606 1.368 99.552 2.008
201609 1.394 99.064 2.056
201612 1.075 100.366 1.565
201703 1.181 101.018 1.708
201706 1.194 101.180 1.724
201709 1.215 101.343 1.752
201712 1.192 102.564 1.698
201803 1.273 102.564 1.814
201806 1.253 103.378 1.771
201809 1.252 103.378 1.770
201812 1.281 103.785 1.803
201903 1.288 104.274 1.805
201906 1.276 105.983 1.759
201909 1.258 105.983 1.734
201912 1.050 107.123 1.432
202003 1.119 109.076 1.499
202006 1.078 109.402 1.440
202009 7.587 109.320 10.140
202012 7.203 109.565 9.606
202103 0.953 112.658 1.236
202106 0.943 113.960 1.209
202109 0.947 115.588 1.197
202112 0.928 119.088 1.139
202203 1.762 125.031 2.059
202206 1.655 131.705 1.836
202209 1.605 135.531 1.730
202212 1.553 139.113 1.631
202303 1.505 145.950 1.507
202306 1.458 147.009 1.449
202309 1.428 146.113 1.428

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


Yoshi Innovation  (WAR:YOS) 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.

Yoshi Innovation's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.76/2.05
=1.35

* 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 Yoshi Innovation was 2.29. The lowest was 0.42. And the median was 0.86.


Be Aware

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


Yoshi Innovation Cyclically Adjusted Book per Share Related Terms

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


Yoshi Innovation (WAR:YOS) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Ulica Stanislawa Augusta 73/4, Warsaw, POL, 03-846
Yoshi Innovation SA formerly Acrebit SA is engaged in the development of ERP and CRM software applications. The company specializes in software for printing. Its solutions include Financial tools, Uniform Audit File, SmartForecast and ELogostics- Carriers and Waybills.

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