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Komori (FRA:KOI) Cyclically Adjusted Book per Share : €13.72 (As of Dec. 2023)


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What is Komori 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.

Komori's adjusted book value per share for the three months ended in Dec. 2023 was €12.893. 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 €13.72 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Komori's average Cyclically Adjusted Book Growth Rate was -100.00% 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 Komori was 0.70% per year. The lowest was -0.20% per year. And the median was -0.10% per year.

As of today (2024-06-11), Komori's current stock price is €7.10. Komori's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €13.72. Komori's Cyclically Adjusted PB Ratio of today is 0.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Komori was 0.79. The lowest was 0.30. And the median was 0.46.


Komori Cyclically Adjusted Book per Share Historical Data

The historical data trend for Komori'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.

Komori Cyclically Adjusted Book per Share Chart

Komori 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 17.67 15.83 15.16 14.63 -

Komori 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 14.63 13.57 13.59 13.72 -

Competitive Comparison of Komori's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Komori'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.


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

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

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



Komori 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, Komori'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)
=12.893/106.8000*106.8000
=12.893

Current CPI (Dec. 2023) = 106.8000.

Komori Quarterly Data

Book Value per Share CPI Adj_Book
201403 14.329 95.700 15.991
201406 14.635 98.000 15.949
201409 15.035 98.500 16.302
201412 14.452 97.900 15.766
201503 16.736 97.900 18.257
201506 15.657 98.400 16.994
201509 16.430 98.500 17.814
201512 16.885 98.100 18.382
201603 17.437 97.900 19.022
201606 17.951 98.100 19.543
201609 20.024 98.000 21.822
201612 18.752 98.400 20.353
201703 18.684 98.100 20.341
201706 17.932 98.500 19.443
201709 17.189 98.800 18.581
201712 16.970 99.400 18.233
201803 17.396 99.200 18.729
201806 17.317 99.200 18.644
201809 17.188 99.900 18.375
201812 17.123 99.700 18.342
201903 17.793 99.700 19.060
201906 18.067 99.800 19.334
201909 18.814 100.100 20.073
201912 18.228 100.500 19.371
202003 14.716 100.300 15.670
202006 14.412 99.900 15.407
202009 14.046 99.900 15.016
202012 13.730 99.300 14.767
202103 13.496 99.900 14.428
202106 13.108 99.500 14.070
202109 13.946 100.100 14.879
202112 14.171 100.100 15.120
202203 14.505 101.100 15.323
202206 13.291 101.800 13.944
202209 13.567 103.100 14.054
202212 13.264 104.100 13.608
202303 13.709 104.400 14.024
202306 12.870 105.200 13.066
202309 12.787 106.200 12.859
202312 12.893 106.800 12.893

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


Komori  (FRA:KOI) 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.

Komori's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.10/13.72
=0.52

* 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 Komori was 0.79. The lowest was 0.30. And the median was 0.46.


Be Aware

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


Komori Cyclically Adjusted Book per Share Related Terms

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


Komori (FRA:KOI) Business Description

Industry
Traded in Other Exchanges
Address
11-1 Azumabashi 3-chome, Sumida-ku, Tokyo, JPN, 130-8666
Komori Corp is a Japan-based company that manufactures and distributes printing equipment. The company's product portfolio comprises commercial offset presses, currency, and securities printing presses, web offset packaging presses, and others. Komori's major customers include the Japanese Ministry of Finance, Japanese publishing solution suppliers, and other major printing companies across the world. Komori has a global presence, with Japan being its biggest market, followed by Europe, North America, and Greater China.

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