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Sodick Co (Sodick Co) Cyclically Adjusted Book per Share : $8.12 (As of Mar. 2024)


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What is Sodick 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.

Sodick Co's adjusted book value per share for the three months ended in Mar. 2024 was $10.293. 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 $8.12 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sodick Co's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.50% 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 Sodick Co was 10.30% per year. The lowest was 8.40% per year. And the median was 9.60% per year.

As of today (2024-05-15), Sodick Co's current stock price is $4.54. Sodick Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $8.12. Sodick Co's Cyclically Adjusted PB Ratio of today is 0.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sodick Co was 2.15. The lowest was 0.54. And the median was 0.89.


Sodick Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sodick 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.

Sodick Co Cyclically Adjusted Book per Share Chart

Sodick Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 7.94

Sodick Co 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 - - 7.77 7.94 8.12

Competitive Comparison of Sodick Co's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Sodick 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.


Sodick Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Sodick 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, Sodick 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)
=10.293/107.2000*107.2000
=10.293

Current CPI (Mar. 2024) = 107.2000.

Sodick Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.079 98.000 8.837
201409 7.966 98.500 8.670
201412 7.875 97.900 8.623
201503 8.152 97.900 8.926
201506 8.102 98.400 8.827
201509 8.385 98.500 9.126
201512 8.269 98.100 9.036
201603 8.740 97.900 9.570
201606 8.261 98.100 9.027
201609 8.418 98.000 9.208
201612 7.907 98.400 8.614
201703 9.167 98.100 10.017
201706 9.457 98.500 10.292
201709 10.018 98.800 10.870
201712 0.000 99.400 0.000
201803 10.940 99.200 11.822
201806 10.954 99.200 11.837
201809 11.128 99.900 11.941
201812 11.011 99.700 11.839
201903 11.386 99.700 12.243
201906 11.339 99.800 12.180
201909 11.207 100.100 12.002
201912 11.430 100.500 12.192
202003 11.136 100.300 11.902
202006 11.216 99.900 12.036
202009 11.412 99.900 12.246
202012 11.855 99.300 12.798
202103 12.283 99.900 13.181
202106 12.090 99.500 13.026
202109 12.265 100.100 13.135
202112 12.090 100.100 12.948
202203 12.214 101.100 12.951
202206 11.562 101.800 12.175
202209 10.939 103.100 11.374
202212 11.476 104.100 11.818
202303 11.713 104.400 12.027
202306 11.460 105.200 11.678
202309 10.925 106.200 11.028
202312 10.550 106.800 10.590
202403 10.293 107.200 10.293

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


Sodick Co  (OTCPK:SDCKF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.54/8.12
=0.56

* 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 Sodick Co was 2.15. The lowest was 0.54. And the median was 0.89.


Be Aware

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


Sodick Co Cyclically Adjusted Book per Share Related Terms

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


Sodick Co (Sodick Co) Business Description

Industry
Traded in Other Exchanges
Address
3-12-1 Nakamachidai, Tsuzuki-ku, Yokohama, Kanagawa, JPN, 224-8522
Sodick Co Ltd is the manufacturer of electrical discharge machines (EDM). The company operates through three segments namely Machine tools operations, Industrial machinery operations, and Food processing machinery operations. It offers various machine tools products such as die-sinker, wire-cut, and small-hole drilling EDMs, horizontal injection molding machine, noodle producing the machine, powder mill, linear motor and linear motor drivers and many more.

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