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Seino Holdings Co (FRA:XSE) Cyclically Adjusted Book per Share : €13.82 (As of Dec. 2023)


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What is Seino Holdings 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.

Seino Holdings Co's adjusted book value per share for the three months ended in Dec. 2023 was €16.006. 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 €13.82 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Seino Holdings Co's average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.20% 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 Seino Holdings Co was 4.90% per year. The lowest was 3.50% per year. And the median was 4.00% per year.

As of today (2024-05-15), Seino Holdings Co's current stock price is €12.40. Seino Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €13.82. Seino Holdings Co's Cyclically Adjusted PB Ratio of today is 0.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Seino Holdings Co was 1.25. The lowest was 0.50. And the median was 0.80.


Seino Holdings Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Seino Holdings 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.

Seino Holdings Co Cyclically Adjusted Book per Share Chart

Seino Holdings Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.99 15.05 14.29 14.69 14.32

Seino Holdings Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 14.52 14.32 13.28 13.50 13.82

Competitive Comparison of Seino Holdings Co's Cyclically Adjusted Book per Share

For the Trucking subindustry, Seino Holdings 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.


Seino Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Seino Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Seino Holdings 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, Seino Holdings Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=16.006/106.8000*106.8000
=16.006

Current CPI (Dec. 2023) = 106.8000.

Seino Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 11.984 95.700 13.374
201406 12.269 98.000 13.371
201409 12.411 98.500 13.457
201412 11.880 97.900 12.960
201503 13.648 97.900 14.889
201506 13.016 98.400 14.127
201509 13.502 98.500 14.640
201512 13.939 98.100 15.175
201603 14.598 97.900 15.925
201606 15.485 98.100 16.858
201609 16.207 98.000 17.662
201612 15.382 98.400 16.695
201703 15.833 98.100 17.237
201706 15.457 98.500 16.759
201709 14.831 98.800 16.032
201712 14.874 99.400 15.981
201803 15.287 99.200 16.458
201806 15.711 99.200 16.915
201809 15.841 99.900 16.935
201812 15.924 99.700 17.058
201903 16.387 99.700 17.554
201906 16.769 99.800 17.945
201909 18.047 100.100 19.255
201912 17.881 100.500 19.002
202003 18.284 100.300 19.469
202006 18.072 99.900 19.320
202009 18.022 99.900 19.267
202012 17.971 99.300 19.328
202103 17.755 99.900 18.981
202106 17.455 99.500 18.736
202109 18.062 100.100 19.271
202112 18.305 100.100 19.530
202203 18.187 101.100 19.212
202206 16.245 101.800 17.043
202209 16.406 103.100 16.995
202212 16.528 104.100 16.957
202303 17.120 104.400 17.514
202306 16.162 105.200 16.408
202309 15.921 106.200 16.011
202312 16.006 106.800 16.006

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


Seino Holdings Co  (FRA:XSE) 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.

Seino Holdings Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.40/13.82
=0.90

* 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 Seino Holdings Co was 1.25. The lowest was 0.50. And the median was 0.80.


Be Aware

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


Seino Holdings Co Cyclically Adjusted Book per Share Related Terms

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


Seino Holdings Co (FRA:XSE) Business Description

Industry
Traded in Other Exchanges
Address
1 Taguchi-cho, Ogaki, Gifu, JPN, 503-8501
Seino Holdings Co Ltd is a group of companies carrying out most of its operations through the Transportation segment. It utilizes lorries, airways, and waterways for the delivery of small commercial cargo and freight forwarding. Its secondary business segments include Automobile Sales, Merchandise Sales such as fuel and paper and Real Estate Leasing. Furthermore, it is involved in miscellaneous businesses such as advertising agencies, the operation of taxis and building construction. Seino Holdings collaborates with its subsidiaries and conducts the bulk of its business in Japan and to a lesser extent on foreign land.

Seino Holdings Co (FRA:XSE) Headlines

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