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ZENKOKU HOSHO Co (ZENKOKU HOSHO Co) Cyclically Adjusted Book per Share : $0.00 (As of Mar. 2024)


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What is ZENKOKU HOSHO Co Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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. 2024 was $21.866. 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 $0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, ZENKOKU HOSHO Co's average Cyclically Adjusted Book Growth Rate was 17.00% 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 (2024-06-25), ZENKOKU HOSHO Co's current stock price is $0.00. ZENKOKU HOSHO Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.00. ZENKOKU HOSHO Co's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ZENKOKU HOSHO Co was 3.40. The lowest was 2.61. And the median was 2.93.


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.

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ZENKOKU HOSHO Co Cyclically Adjusted Book per Share Chart

ZENKOKU HOSHO Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
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ZENKOKU HOSHO Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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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.



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. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=21.866/107.2000*107.2000
=21.866

Current CPI (Mar. 2024) = 107.2000.

ZENKOKU HOSHO Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.763 98.000 7.398
201409 6.918 98.500 7.529
201412 6.624 97.900 7.253
201503 7.311 97.900 8.006
201506 7.047 98.400 7.677
201509 7.738 98.500 8.421
201512 8.009 98.100 8.752
201603 9.544 97.900 10.451
201606 10.148 98.100 11.089
201609 11.091 98.000 12.132
201612 10.207 98.400 11.120
201703 11.611 98.100 12.688
201706 11.766 98.500 12.805
201709 12.346 98.800 13.396
201712 12.611 99.400 13.601
201803 14.828 99.200 16.024
201806 14.115 99.200 15.253
201809 14.443 99.900 15.498
201812 14.979 99.700 16.106
201903 16.613 99.700 17.863
201906 16.865 99.800 18.116
201909 17.602 100.100 18.850
201912 17.964 100.500 19.162
202003 19.572 100.300 20.918
202006 19.376 99.900 20.792
202009 20.455 99.900 21.950
202012 21.530 99.300 23.243
202103 22.165 99.900 23.785
202106 21.516 99.500 23.181
202109 22.204 100.100 23.779
202112 22.183 100.100 23.756
202203 22.683 101.100 24.052
202206 19.835 101.800 20.887
202209 19.150 103.100 19.912
202212 20.952 104.100 21.576
202303 22.384 104.400 22.984
202306 20.800 105.200 21.195
202309 20.454 106.200 20.647
202312 21.609 106.800 21.690
202403 21.866 107.200 21.866

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:ZNKUF) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ZENKOKU HOSHO Co was 3.40. The lowest was 2.61. And the median was 2.93.


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 (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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