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Yamaha Motor Co (Yamaha Motor Co) Cyclically Adjusted Book per Share : $9.18 (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 $15.393. 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 $9.18 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 (2024-06-05), Yamaha Motor Co's current stock price is $19.97. Yamaha Motor Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $9.18. Yamaha Motor Co's Cyclically Adjusted PB Ratio of today is 2.18.

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 - 9.65 9.35 9.28 11.44

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 9.59 8.97 9.13 11.44 9.18

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)
=15.393/107.2000*107.2000
=15.393

Current CPI (Mar. 2024) = 107.2000.

Yamaha Motor Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.542 98.000 8.250
201409 7.692 98.500 8.371
201412 7.356 97.900 8.055
201503 7.474 97.900 8.184
201506 7.838 98.400 8.539
201509 7.515 98.500 8.179
201512 7.703 98.100 8.418
201603 8.289 97.900 9.076
201606 8.481 98.100 9.268
201609 8.880 98.000 9.714
201612 8.791 98.400 9.577
201703 9.167 98.100 10.017
201706 9.990 98.500 10.872
201709 10.409 98.800 11.294
201712 10.527 99.400 11.353
201803 11.133 99.200 12.031
201806 11.285 99.200 12.195
201809 11.369 99.900 12.200
201812 11.186 99.700 12.027
201903 11.502 99.700 12.367
201906 12.052 99.800 12.946
201909 12.071 100.100 12.927
201912 12.336 100.500 13.158
202003 11.593 100.300 12.391
202006 11.541 99.900 12.384
202009 12.428 99.900 13.336
202012 13.136 99.300 14.181
202103 13.328 99.900 14.302
202106 14.124 99.500 15.217
202109 14.529 100.100 15.560
202112 14.548 100.100 15.580
202203 14.593 101.100 15.473
202206 14.309 101.800 15.068
202209 13.974 103.100 14.530
202212 14.655 104.100 15.091
202303 15.244 104.400 15.653
202306 16.032 105.200 16.337
202309 15.612 106.200 15.759
202312 15.739 106.800 15.798
202403 15.393 107.200 15.393

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:YMHAY) 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
=19.97/9.18
=2.18

* 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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