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Wacoal Holdings (FRA:WA5) Cyclically Adjusted Book per Share : €21.07 (As of Mar. 2024)


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What is Wacoal Holdings 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.

Wacoal Holdings's adjusted book value per share for the three months ended in Mar. 2024 was €23.621. 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 €21.07 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Wacoal Holdings's average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.00% 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 Wacoal Holdings was 5.00% per year. The lowest was -2.40% per year. And the median was 3.30% per year.

As of today (2024-06-08), Wacoal Holdings's current stock price is €22.60. Wacoal Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €21.07. Wacoal Holdings's Cyclically Adjusted PB Ratio of today is 1.07.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Wacoal Holdings was 1.36. The lowest was 0.55. And the median was 0.93.


Wacoal Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Wacoal Holdings'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.

Wacoal Holdings Cyclically Adjusted Book per Share Chart

Wacoal Holdings 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 24.66 23.21 23.50 23.03 21.07

Wacoal Holdings 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 23.03 21.52 21.70 22.10 21.07

Competitive Comparison of Wacoal Holdings's Cyclically Adjusted Book per Share

For the Apparel Manufacturing subindustry, Wacoal Holdings'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.


Wacoal Holdings's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wacoal Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Wacoal Holdings 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, Wacoal Holdings'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)
=23.621/107.2000*107.2000
=23.621

Current CPI (Mar. 2024) = 107.2000.

Wacoal Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 21.095 98.000 23.075
201409 21.845 98.500 23.774
201412 21.212 97.900 23.227
201503 24.942 97.900 27.311
201506 23.913 98.400 26.052
201509 24.298 98.500 26.444
201512 25.137 98.100 27.469
201603 25.333 97.900 27.740
201606 25.988 98.100 28.399
201609 27.210 98.000 29.764
201612 26.810 98.400 29.208
201703 27.467 98.100 30.015
201706 26.903 98.500 29.279
201709 13.003 98.800 14.109
201712 26.209 99.400 28.266
201803 26.418 99.200 28.548
201806 27.302 99.200 29.504
201809 27.579 99.900 29.594
201812 27.039 99.700 29.073
201903 26.448 99.700 28.438
201906 26.802 99.800 28.789
201909 28.289 100.100 30.296
201912 28.149 100.500 30.026
202003 27.663 100.300 29.566
202006 26.309 99.900 28.231
202009 26.354 99.900 28.280
202012 26.202 99.300 28.287
202103 26.693 99.900 28.644
202106 26.102 99.500 28.122
202109 26.983 100.100 28.897
202112 27.351 100.100 29.291
202203 27.161 101.100 28.800
202206 25.858 101.800 27.230
202209 26.335 103.100 27.382
202212 24.827 104.100 25.566
202303 25.275 104.400 25.953
202306 24.865 105.200 25.338
202309 23.647 106.200 23.870
202312 23.613 106.800 23.701
202403 23.621 107.200 23.621

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


Wacoal Holdings  (FRA:WA5) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=22.60/21.07
=1.07

* 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 Wacoal Holdings was 1.36. The lowest was 0.55. And the median was 0.93.


Be Aware

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


Wacoal Holdings Cyclically Adjusted Book per Share Related Terms

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


Wacoal Holdings (FRA:WA5) Business Description

Traded in Other Exchanges
Address
29, Nakajima-cho, Kisshoin, Minami-ku, Kyoto, JPN, 601-8530
Wacoal Holdings Corp primarily manufactures and sells women's intimate apparel under the Wacoal brand. Roughly three fourths of its sales are from women's foundation garments and lingerie, which includes brassieres, girdles, slips, and women's briefs. Other innerwear includes nightwear, hosiery, and children's underwear. Remaining sales consist of outerwear and sportswear, textile products, and nonapparel businesses. Wacoal sells most of its apparel wholesale to department stores and other retailers. Less than a fourth of its apparel sales are direct to the customer via its retail stores, catalog sales, and internet orders. The vast majority of Wacoal's sales are in Japan. It also has sales in China, Europe, and the United States.

Wacoal Holdings (FRA:WA5) Headlines

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