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Inaba Denkisangyo Co (Inaba Denkisangyo Co) Cyclically Adjusted Book per Share : $14.24 (As of Dec. 2023)


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What is Inaba Denkisangyo 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.

Inaba Denkisangyo Co's adjusted book value per share for the three months ended in Dec. 2023 was $19.453. 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 $14.24 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Inaba Denkisangyo Co'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 Inaba Denkisangyo Co was 5.30% per year. The lowest was 3.80% per year. And the median was 4.30% per year.

As of today (2024-06-12), Inaba Denkisangyo Co's current stock price is $20.56. Inaba Denkisangyo Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $14.24. Inaba Denkisangyo Co's Cyclically Adjusted PB Ratio of today is 1.44.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Inaba Denkisangyo Co was 1.65. The lowest was 1.09. And the median was 1.31.


Inaba Denkisangyo Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Inaba Denkisangyo 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.

Inaba Denkisangyo Co Cyclically Adjusted Book per Share Chart

Inaba Denkisangyo Co 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 - - - 15.92 -

Inaba Denkisangyo 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 15.92 14.29 14.75 14.24 -

Competitive Comparison of Inaba Denkisangyo Co's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, Inaba Denkisangyo 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.


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

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

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



Inaba Denkisangyo 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, Inaba Denkisangyo 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)
=19.453/106.8000*106.8000
=19.453

Current CPI (Dec. 2023) = 106.8000.

Inaba Denkisangyo Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 16.842 95.700 18.795
201406 16.761 98.000 18.266
201409 16.395 98.500 17.777
201412 14.864 97.900 16.215
201503 15.080 97.900 16.451
201506 14.676 98.400 15.929
201509 15.236 98.500 16.520
201512 15.263 98.100 16.617
201603 16.681 97.900 18.197
201606 17.787 98.100 19.364
201609 18.882 98.000 20.578
201612 16.713 98.400 18.140
201703 17.714 98.100 19.285
201706 18.197 98.500 19.730
201709 18.827 98.800 20.351
201712 18.793 99.400 20.192
201803 20.051 99.200 21.587
201806 19.287 99.200 20.765
201809 19.438 99.900 20.781
201812 19.127 99.700 20.489
201903 19.830 99.700 21.242
201906 20.555 99.800 21.997
201909 21.275 100.100 22.699
201912 20.933 100.500 22.245
202003 21.362 100.300 22.746
202006 21.480 99.900 22.964
202009 22.527 99.900 24.083
202012 22.893 99.300 24.622
202103 22.433 99.900 23.982
202106 22.099 99.500 23.720
202109 22.877 100.100 24.408
202112 21.949 100.100 23.418
202203 21.467 101.100 22.677
202206 19.101 101.800 20.039
202209 18.354 103.100 19.013
202212 19.355 104.100 19.857
202303 20.321 104.400 20.788
202306 19.400 105.200 19.695
202309 19.035 106.200 19.143
202312 19.453 106.800 19.453

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


Inaba Denkisangyo Co  (OTCPK:IBADF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.56/14.24
=1.44

* 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 Inaba Denkisangyo Co was 1.65. The lowest was 1.09. And the median was 1.31.


Be Aware

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


Inaba Denkisangyo Co Cyclically Adjusted Book per Share Related Terms

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


Inaba Denkisangyo Co (Inaba Denkisangyo Co) Business Description

Traded in Other Exchanges
Address
Nishi Ward 4-chome 11-14, Osaka, JPN, 550-0012
Inaba Denkisangyo Co Ltd is divided its business in Electrical equipment and materials, Industrial solutions and proprietary product divisions. Electrical equipment and materials division comprises products from light fittings, air conditioning systems, distribution panels for all types of buildings. Industrial solutions division consists of solutions for issues such as improving productivity, resource conservation, and space saving. Proprietary products division includes the development of in-house brands Inaba denko and Abaniact. It also develops products for eco-friendly lifestyles.

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