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ZNKKY (ZENKOKU HOSHO Co) Cyclically Adjusted Book per Share : $3.93 (As of Mar. 2025)


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What is ZENKOKU HOSHO 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.

ZENKOKU HOSHO Co's adjusted book value per share for the three months ended in Mar. 2025 was $5.930. 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 $3.93 for the trailing ten years ended in Mar. 2025.

During the past 12 months, ZENKOKU HOSHO Co's average Cyclically Adjusted Book Growth Rate was 15.00% 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.

As of today (2025-07-22), ZENKOKU HOSHO Co's current stock price is $10.00. ZENKOKU HOSHO Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $3.93. ZENKOKU HOSHO Co's Cyclically Adjusted PB Ratio of today is 2.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ZENKOKU HOSHO Co was 3.40. The lowest was 2.44. And the median was 2.85.


ZENKOKU HOSHO Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for ZENKOKU HOSHO 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.

ZENKOKU HOSHO Co Cyclically Adjusted Book per Share Chart

ZENKOKU HOSHO Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 3.13 3.18 3.93

ZENKOKU HOSHO Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3.18 - 3.63 3.49 3.93

Competitive Comparison of ZENKOKU HOSHO Co's Cyclically Adjusted Book per Share

For the Credit Services subindustry, ZENKOKU HOSHO 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.


ZENKOKU HOSHO Co's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, ZENKOKU HOSHO Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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ZENKOKU HOSHO 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, ZENKOKU HOSHO Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=5.93/111.1000*111.1000
=5.930

Current CPI (Mar. 2025) = 111.1000.

ZENKOKU HOSHO Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.762 98.400 1.989
201509 1.934 98.500 2.181
201512 2.002 98.100 2.267
201603 2.386 97.900 2.708
201606 2.537 98.100 2.873
201609 2.773 98.000 3.144
201612 2.552 98.400 2.881
201703 2.903 98.100 3.288
201706 2.941 98.500 3.317
201709 3.086 98.800 3.470
201712 3.153 99.400 3.524
201803 3.707 99.200 4.152
201806 3.528 99.200 3.951
201809 3.611 99.900 4.016
201812 3.745 99.700 4.173
201903 4.153 99.700 4.628
201906 4.216 99.800 4.693
201909 4.400 100.100 4.884
201912 4.493 100.500 4.967
202003 4.896 100.300 5.423
202006 4.846 99.900 5.389
202009 5.117 99.900 5.691
202012 5.387 99.300 6.027
202103 5.545 99.900 6.167
202106 5.383 99.500 6.011
202109 5.551 100.100 6.161
202112 5.546 100.100 6.155
202203 5.671 101.100 6.232
202206 4.959 101.800 5.412
202209 4.788 103.100 5.160
202212 5.239 104.100 5.591
202303 5.596 104.400 5.955
202306 5.200 105.200 5.492
202309 5.113 106.200 5.349
202312 5.404 106.800 5.622
202403 5.467 107.200 5.666
202406 0.000 108.200 0.000
202409 5.658 108.900 5.772
202412 5.409 110.700 5.429
202503 5.930 111.100 5.930

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


ZENKOKU HOSHO Co  (OTCPK:ZNKKY) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.00/3.93
=2.54

* 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 ZENKOKU HOSHO Co was 3.40. The lowest was 2.44. And the median was 2.85.


Be Aware

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


ZENKOKU HOSHO Co Cyclically Adjusted Book per Share Related Terms

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


ZENKOKU HOSHO Co Business Description

Traded in Other Exchanges
Address
2-1-1 Otemachi, Chiyoda-ku, Otemachi Nomura Building, 24th Floor, Tokyo, JPN, 100-0004
ZENKOKU HOSHO Co Ltd primarily operates a credit guarantee business. The company's current strategy emphasizes its core housing loan guarantee business by expanding its scale through strategic alliances and streamlining of operations. Its housing loan guarantee products include housing acquisition funds, refinancing funds, and renovation funds, among others. Zenkoku Hosho also provides education loan guarantees products, which deal with term loans and overdrafts. Its apartment loan guarantee products guarantee the borrowings of construction costs for rental housing. The company also is seeking to diversify into other synergistic lines of business through mergers and acquisitions.

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