GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Mitsui O.S.K. Lines Ltd (FRA:MIL) » Definitions » Cyclically Adjusted Book per Share

Mitsui O.S.K. Lines (FRA:MIL) Cyclically Adjusted Book per Share : €7.40 (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Mitsui O.S.K. Lines 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.

Mitsui O.S.K. Lines's adjusted book value per share for the three months ended in Dec. 2023 was €20.045. 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 €7.40 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Mitsui O.S.K. Lines'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 Mitsui O.S.K. Lines was 7.90% per year. The lowest was -2.20% per year. And the median was 1.45% per year.

As of today (2024-06-08), Mitsui O.S.K. Lines's current stock price is €14.20. Mitsui O.S.K. Lines's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €7.40. Mitsui O.S.K. Lines's Cyclically Adjusted PB Ratio of today is 1.92.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mitsui O.S.K. Lines was 2.19. The lowest was 0.29. And the median was 0.66.


Mitsui O.S.K. Lines Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mitsui O.S.K. Lines'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.

Mitsui O.S.K. Lines Cyclically Adjusted Book per Share Chart

Mitsui O.S.K. Lines 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 - - - 7.56 -

Mitsui O.S.K. Lines 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 7.56 6.95 7.04 7.40 -

Competitive Comparison of Mitsui O.S.K. Lines's Cyclically Adjusted Book per Share

For the Marine Shipping subindustry, Mitsui O.S.K. Lines'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.


Mitsui O.S.K. Lines's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Mitsui O.S.K. Lines's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mitsui O.S.K. Lines's Cyclically Adjusted PB Ratio falls into.



Mitsui O.S.K. Lines 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, Mitsui O.S.K. Lines'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)
=20.045/106.8000*106.8000
=20.045

Current CPI (Dec. 2023) = 106.8000.

Mitsui O.S.K. Lines Quarterly Data

Book Value per Share CPI Adj_Book
201403 6.710 95.700 7.488
201406 6.765 98.000 7.372
201409 6.843 98.500 7.420
201412 6.830 97.900 7.451
201503 8.396 97.900 9.159
201506 7.906 98.400 8.581
201509 7.964 98.500 8.635
201512 7.910 98.100 8.611
201603 6.024 97.900 6.572
201606 6.089 98.100 6.629
201609 6.125 98.000 6.675
201612 5.972 98.400 6.482
201703 6.628 98.100 7.216
201706 6.367 98.500 6.904
201709 6.080 98.800 6.572
201712 6.259 99.400 6.725
201803 5.470 99.200 5.889
201806 5.468 99.200 5.887
201809 5.716 99.900 6.111
201812 5.872 99.700 6.290
201903 5.846 99.700 6.262
201906 5.870 99.800 6.282
201909 5.973 100.100 6.373
201912 6.047 100.500 6.426
202003 6.032 100.300 6.423
202006 5.682 99.900 6.074
202009 5.735 99.900 6.131
202012 5.901 99.300 6.347
202103 6.235 99.900 6.666
202106 7.407 99.500 7.950
202109 9.386 100.100 10.014
202112 11.481 100.100 12.249
202203 13.532 101.100 14.295
202206 14.162 101.800 14.858
202209 18.126 103.100 18.776
202212 18.434 104.100 18.912
202303 18.601 104.400 19.029
202306 18.073 105.200 18.348
202309 18.923 106.200 19.030
202312 20.045 106.800 20.045

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


Mitsui O.S.K. Lines  (FRA:MIL) 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.

Mitsui O.S.K. Lines's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14.20/7.4
=1.92

* 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 Mitsui O.S.K. Lines was 2.19. The lowest was 0.29. And the median was 0.66.


Be Aware

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


Mitsui O.S.K. Lines Cyclically Adjusted Book per Share Related Terms

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


Mitsui O.S.K. Lines (FRA:MIL) Business Description

Industry
Address
1-1, Toranomon 2-chome, Shosen Mitsui Building, Minato-ku, Tokyo, JPN, 105-8688
Mitsui O.S.K. Lines is a Japanese transportation and logistics company. It operates through five segments: dry bulk, energy transport, product transport, associated businesses, and other. The product transport business is the largest contributor to revenue. Product transport largely focuses on the ownership and operation of containerships, followed by logistics services, car carriers, and inshore ferries. Dry bulk involves transporting materials such as iron ore, coal, grains, wood, cement, salt, and more via company-owned and operated bulk carriers. The energy transport business uses Mitsui tankers to ship crude oil, naphtha, liquefied natural gas, and other energy products. Most revenue is generated domestically in Japan.

Mitsui O.S.K. Lines (FRA:MIL) Headlines

No Headlines