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Yamaha Motor Co (Yamaha Motor Co) Cyclically Adjusted Book per Share : $4.53 (As of Mar. 2024)


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What is Yamaha Motor 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.

Yamaha Motor Co's adjusted book value per share for the three months ended in Mar. 2024 was $7.697. 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 $4.53 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Yamaha Motor Co's average Cyclically Adjusted Book Growth Rate was 14.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.10% 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 Yamaha Motor Co was 13.90% per year. The lowest was 8.30% per year. And the median was 11.20% per year.

As of today (2024-05-16), Yamaha Motor Co's current stock price is $9.42. Yamaha Motor Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $4.53. Yamaha Motor Co's Cyclically Adjusted PB Ratio of today is 2.08.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Yamaha Motor Co was 5.72. The lowest was 0.83. And the median was 1.79.


Yamaha Motor Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Yamaha Motor 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.

Yamaha Motor Co Cyclically Adjusted Book per Share Chart

Yamaha Motor Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.28 4.71 4.53 4.69 4.96

Yamaha Motor Co 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 4.53 4.58 4.64 4.96 4.53

Competitive Comparison of Yamaha Motor Co's Cyclically Adjusted Book per Share

For the Auto Manufacturers subindustry, Yamaha Motor 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.


Yamaha Motor Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Yamaha Motor Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Yamaha Motor 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, Yamaha Motor Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=7.697/107.2000*107.2000
=7.697

Current CPI (Mar. 2024) = 107.2000.

Yamaha Motor Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.771 98.000 4.125
201409 3.846 98.500 4.186
201412 3.678 97.900 4.027
201503 3.737 97.900 4.092
201506 3.919 98.400 4.269
201509 3.758 98.500 4.090
201512 3.851 98.100 4.208
201603 4.144 97.900 4.538
201606 4.241 98.100 4.634
201609 4.440 98.000 4.857
201612 4.395 98.400 4.788
201703 4.584 98.100 5.009
201706 4.995 98.500 5.436
201709 5.205 98.800 5.648
201712 5.263 99.400 5.676
201803 5.566 99.200 6.015
201806 5.642 99.200 6.097
201809 5.685 99.900 6.100
201812 5.593 99.700 6.014
201903 5.751 99.700 6.184
201906 6.026 99.800 6.473
201909 6.035 100.100 6.463
201912 6.168 100.500 6.579
202003 5.796 100.300 6.195
202006 5.771 99.900 6.193
202009 6.214 99.900 6.668
202012 6.568 99.300 7.091
202103 6.664 99.900 7.151
202106 7.062 99.500 7.609
202109 7.265 100.100 7.780
202112 7.274 100.100 7.790
202203 7.296 101.100 7.736
202206 7.154 101.800 7.533
202209 6.987 103.100 7.265
202212 7.328 104.100 7.546
202303 7.622 104.400 7.826
202306 8.016 105.200 8.168
202309 7.806 106.200 7.880
202312 7.869 106.800 7.898
202403 7.697 107.200 7.697

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


Yamaha Motor Co  (OTCPK:YAMHF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.42/4.53
=2.08

* 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 Yamaha Motor Co was 5.72. The lowest was 0.83. And the median was 1.79.


Be Aware

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


Yamaha Motor Co Cyclically Adjusted Book per Share Related Terms

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


Yamaha Motor Co (Yamaha Motor Co) Business Description

Traded in Other Exchanges
Address
2500, Shingai, Iwata, Shizuoka, JPN, 438-8501
Yamaha Motor Co Ltd is an automobile and electronics manufacturing company. The company is organised into five segments based on product type: motorcycles, marine products, power products, industrial machinery and robots, and other products. The motorcycles segment, contributing the majority of consolidated revenue, manufactures on- and off-road motorcycles, along with related motorcycle parts. Marine Products, the next-largest contributor to revenue, manufactures outboard motors, personal watercraft, and boats. Yamaha derives the majority of sales from Asia, with North America and Europe the next most significant markets.

Yamaha Motor Co (Yamaha Motor Co) Headlines

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