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Carlit Holdings Co (TSE:4275) Cyclically Adjusted Book per Share : 円1,195.86 (As of Dec. 2023)


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What is Carlit 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.

Carlit Holdings Co's adjusted book value per share for the three months ended in Dec. 2023 was 円1,520.501. 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 円1,195.86 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Carlit Holdings Co's average Cyclically Adjusted Book Growth Rate was 9.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.10% 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 Carlit Holdings Co was 7.10% per year. The lowest was 7.10% per year. And the median was 7.10% per year.

As of today (2024-04-27), Carlit Holdings Co's current stock price is 円1116.00. Carlit Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,195.86. Carlit Holdings Co's Cyclically Adjusted PB Ratio of today is 0.93.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Carlit Holdings Co was 1.01. The lowest was 0.44. And the median was 0.69.


Carlit Holdings Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Carlit 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.

Carlit Holdings Co Cyclically Adjusted Book per Share Chart

Carlit Holdings Co Annual Data
Trend Mar12 Mar13 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 - 910.37 947.76 1,021.26 1,117.25

Carlit 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 1,097.38 1,117.25 1,142.75 1,171.06 1,195.86

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

For the Specialty Chemicals subindustry, Carlit 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.


Carlit Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Carlit Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Carlit 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, Carlit 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)
=1520.501/106.8000*106.8000
=1,520.501

Current CPI (Dec. 2023) = 106.8000.

Carlit Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201206 773.243 94.400 874.813
201209 781.013 94.400 883.604
201212 808.549 94.100 917.673
201303 841.000 94.200 953.490
201306 843.864 94.600 952.692
201309 871.352 95.400 975.476
201312 894.371 95.600 999.151
201512 0.000 98.100 0.000
201603 985.912 97.900 1,075.540
201606 0.000 98.100 0.000
201609 0.000 98.000 0.000
201612 983.992 98.400 1,067.991
201703 1,010.465 98.100 1,100.078
201706 1,027.786 98.500 1,114.391
201709 1,037.380 98.800 1,121.378
201712 1,064.615 99.400 1,143.872
201803 1,085.025 99.200 1,168.152
201806 1,095.628 99.200 1,179.567
201809 1,132.039 99.900 1,210.228
201812 1,114.425 99.700 1,193.787
201903 1,130.016 99.700 1,210.489
201906 1,121.990 99.800 1,200.687
201909 1,105.812 100.100 1,179.827
201912 1,133.522 100.500 1,204.579
202003 1,105.958 100.300 1,177.630
202006 1,100.768 99.900 1,176.797
202009 1,124.567 99.900 1,202.240
202012 1,169.297 99.300 1,257.612
202103 1,218.630 99.900 1,302.800
202106 1,219.724 99.500 1,309.211
202109 1,266.156 100.100 1,350.904
202112 1,287.942 100.100 1,374.148
202203 1,300.374 101.100 1,373.689
202206 1,296.629 101.800 1,360.314
202209 1,327.389 103.100 1,375.026
202212 1,352.426 104.100 1,387.503
202303 1,402.602 104.400 1,434.846
202306 1,427.418 105.200 1,449.128
202309 1,458.871 106.200 1,467.113
202312 1,520.501 106.800 1,520.501

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


Carlit Holdings Co  (TSE:4275) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1116.00/1195.86
=0.93

* 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 Carlit Holdings Co was 1.01. The lowest was 0.44. And the median was 0.69.


Be Aware

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


Carlit Holdings Co Cyclically Adjusted Book per Share Related Terms

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


Carlit Holdings Co (TSE:4275) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1-17-10, Kyobashi, Chuo-ku, Tokyo, JPN, 104-0031
Carlit Holdings Co Ltd is a Japan-based company. Along with its subsidiaries, Carlit operates in four business divisions including chemicals, bottling, industrial materials and other business. Its chemical division manufacture and sell industrial explosives used in quarrying limestone and other rocks, automotive emergency flares, sodium chlorate, and ammonium perchlorate. Bottling division is engaged in manufacturing of canned and PET bottles. Industrial materials division manufacture and sell silicon wafers for semiconductors used in computers and LED lighting. Other business division is engaged in the design and supervision of sewerage, water supply and wastewater treatment facilities, sales and application of industrial coatings and paints, and the provision of construction engineering.

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