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YASKAWA Electric (FRA:YEC0) Cyclically Adjusted Book per Share : €11.44 (As of Feb. 2024)


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What is YASKAWA Electric 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.

YASKAWA Electric's adjusted book value per share for the three months ended in Feb. 2024 was €18.932. 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 €11.44 for the trailing ten years ended in Feb. 2024.

During the past 12 months, YASKAWA Electric's average Cyclically Adjusted Book Growth Rate was 13.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.00% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of YASKAWA Electric was 12.70% per year. The lowest was 9.20% per year. And the median was 10.80% per year.

As of today (2024-04-29), YASKAWA Electric's current stock price is €73.00. YASKAWA Electric's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was €11.44. YASKAWA Electric's Cyclically Adjusted PB Ratio of today is 6.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of YASKAWA Electric was 8.89. The lowest was 3.92. And the median was 6.29.


YASKAWA Electric Cyclically Adjusted Book per Share Historical Data

The historical data trend for YASKAWA Electric'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.

YASKAWA Electric Cyclically Adjusted Book per Share Chart

YASKAWA Electric Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 9.88 11.19 10.96 11.44

YASKAWA Electric Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 10.96 11.59 11.07 11.21 11.44

Competitive Comparison of YASKAWA Electric's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, YASKAWA Electric'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.


YASKAWA Electric's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, YASKAWA Electric's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



YASKAWA Electric 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, YASKAWA Electric's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=18.932/106.9000*106.9000
=18.932

Current CPI (Feb. 2024) = 106.9000.

YASKAWA Electric Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.529 95.700 8.410
201406 7.880 98.000 8.596
201409 8.593 98.500 9.326
201412 8.743 97.900 9.547
201503 10.108 97.900 11.037
201506 9.704 98.400 10.542
201509 10.155 98.500 11.021
201512 10.634 98.100 11.588
201603 10.826 97.900 11.821
201606 11.435 98.100 12.461
201609 11.760 98.000 12.828
201612 11.681 98.400 12.690
201703 12.345 98.100 13.452
201706 12.416 98.500 13.475
201709 12.539 98.800 13.567
201712 12.757 99.400 13.720
201805 13.564 99.300 14.602
201808 14.164 99.800 15.172
201811 14.404 100.000 15.398
201902 14.754 99.700 15.819
201905 14.249 100.000 15.232
201908 14.746 100.000 15.763
201911 14.494 100.500 15.417
202002 14.563 100.300 15.521
202005 14.477 100.100 15.460
202008 14.009 100.100 14.961
202011 14.539 99.500 15.620
202102 14.787 99.800 15.839
202105 15.042 99.400 16.177
202108 15.995 99.700 17.150
202111 16.575 100.100 17.701
202202 17.029 100.700 18.077
202205 17.097 101.800 17.954
202208 18.254 102.700 19.001
202211 17.289 103.900 17.788
202302 18.660 104.000 19.180
202305 18.249 105.100 18.562
202308 18.147 105.900 18.318
202311 17.927 106.900 17.927
202402 18.932 106.900 18.932

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


YASKAWA Electric  (FRA:YEC0) 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.

YASKAWA Electric's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=73.00/11.44
=6.38

* 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 YASKAWA Electric was 8.89. The lowest was 3.92. And the median was 6.29.


Be Aware

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


YASKAWA Electric Cyclically Adjusted Book per Share Related Terms

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


YASKAWA Electric (FRA:YEC0) Business Description

Traded in Other Exchanges
Address
2-1, Kurosaki-shiroishi, Yahatanishi-ku, Kitakyushu, JPN, 806-0004
Yaskawa Electric manufactures motion control components (servo motors and inverters), industrial robots, and other motor-based products. It operates mainly in Asia, the Americas, and Europe as one of the leading players in the AC servo motor/controller, AC drives (inverter), and robotics markets. According to the company, it has the leading global share with AC Servo motors/controllers, where the company's cumulative AC servo motor shipments reached 20 million units in 2020, and it is also considered as one of the "big four" industrial robotics companies. The company was founded in 1915, and its head office is in Kitakyushu, Fukuoka Prefecture, Japan.

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