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Daikin Industries (Daikin Industries) Cyclically Adjusted Book per Share : $37.15 (As of Mar. 2024)


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What is Daikin Industries 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.

Daikin Industries's adjusted book value per share for the three months ended in Mar. 2024 was $60.220. 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 $37.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Daikin Industries's average Cyclically Adjusted Book Growth Rate was 14.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.20% 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 Daikin Industries was 14.90% per year. The lowest was 10.10% per year. And the median was 12.50% per year.

As of today (2024-05-16), Daikin Industries's current stock price is $164.90. Daikin Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $37.15. Daikin Industries's Cyclically Adjusted PB Ratio of today is 4.44.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Daikin Industries was 7.83. The lowest was 3.48. And the median was 4.80.


Daikin Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for Daikin Industries'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.

Daikin Industries Cyclically Adjusted Book per Share Chart

Daikin Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.30 33.37 34.15 35.70 37.15

Daikin Industries 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 35.70 34.46 34.01 36.77 37.15

Competitive Comparison of Daikin Industries's Cyclically Adjusted Book per Share

For the Building Products & Equipment subindustry, Daikin Industries'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.


Daikin Industries's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Daikin Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Daikin Industries 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, Daikin Industries'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)
=60.22/107.2000*107.2000
=60.220

Current CPI (Mar. 2024) = 107.2000.

Daikin Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 27.748 98.000 30.353
201409 29.412 98.500 32.010
201412 29.008 97.900 31.764
201503 29.193 97.900 31.966
201506 29.617 98.400 32.266
201509 29.765 98.500 32.394
201512 29.758 98.100 32.518
201603 30.792 97.900 33.717
201606 30.431 98.100 33.254
201609 32.655 98.000 35.721
201612 32.746 98.400 35.675
201703 33.704 98.100 36.830
201706 36.183 98.500 39.379
201709 38.701 98.800 41.991
201712 39.811 99.400 42.935
201803 41.857 99.200 45.233
201806 41.400 99.200 44.739
201809 42.868 99.900 46.000
201812 41.704 99.700 44.841
201903 43.610 99.700 46.891
201906 44.615 99.800 47.923
201909 46.007 100.100 49.270
201912 46.840 100.500 49.963
202003 45.612 100.300 48.750
202006 46.387 99.900 49.777
202009 48.987 99.900 52.567
202012 51.254 99.300 55.332
202103 52.427 99.900 56.258
202106 53.657 99.500 57.809
202109 55.748 100.100 59.702
202112 55.396 100.100 59.325
202203 56.799 101.100 60.226
202206 54.328 101.800 57.210
202209 53.470 103.100 55.596
202212 54.643 104.100 56.270
202303 57.202 104.400 58.736
202306 58.136 105.200 59.241
202309 58.536 106.200 59.087
202312 58.795 106.800 59.015
202403 60.220 107.200 60.220

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


Daikin Industries  (OTCPK:DKILF) 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.

Daikin Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=164.90/37.15
=4.44

* 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 Daikin Industries was 7.83. The lowest was 3.48. And the median was 4.80.


Be Aware

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


Daikin Industries Cyclically Adjusted Book per Share Related Terms

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


Daikin Industries (Daikin Industries) Business Description

Industry
Traded in Other Exchanges
Address
Umeda Center Building, 2-4-12, Nakazaki-Nishi, Kita-ku, Osaka, JPN, 530-8323
Daikin Industries is one of the world's largest heating, ventilating and air conditioning, or HVAC, companies. North America, Japan, China, and Europe are Daikin's four biggest markets, accounting for 24.1%, 23.7%, 16.7%, and 14.5% of fiscal 2018 revenue, respectively. Air conditioning accounted for around 90% of revenue and operating profit, while chemicals and others made up the balance.

Daikin Industries (Daikin Industries) Headlines

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