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Isetan Mitsukoshi Holdings (Isetan Mitsukoshi Holdings) Cyclically Adjusted Book per Share : $7.70 (As of Dec. 2023)


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What is Isetan Mitsukoshi 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.

Isetan Mitsukoshi Holdings's adjusted book value per share for the three months ended in Dec. 2023 was $10.603. 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 $7.70 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Isetan Mitsukoshi Holdings'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 Isetan Mitsukoshi Holdings was 2.40% per year. The lowest was 1.90% per year. And the median was 2.15% per year.

As of today (2024-06-08), Isetan Mitsukoshi Holdings's current stock price is $15.61. Isetan Mitsukoshi Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $7.70. Isetan Mitsukoshi Holdings's Cyclically Adjusted PB Ratio of today is 2.03.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Isetan Mitsukoshi Holdings was 2.16. The lowest was 0.35. And the median was 0.73.


Isetan Mitsukoshi Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Isetan Mitsukoshi 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.

Isetan Mitsukoshi Holdings Cyclically Adjusted Book per Share Chart

Isetan Mitsukoshi 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 11.48 8.58 11.47 7.77 -

Isetan Mitsukoshi 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 7.77 7.95 6.78 7.70 -

Competitive Comparison of Isetan Mitsukoshi Holdings's Cyclically Adjusted Book per Share

For the Department Stores subindustry, Isetan Mitsukoshi 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.


Isetan Mitsukoshi Holdings's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Isetan Mitsukoshi Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Isetan Mitsukoshi 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, Isetan Mitsukoshi Holdings'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)
=10.603/106.8000*106.8000
=10.603

Current CPI (Dec. 2023) = 106.8000.

Isetan Mitsukoshi Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 13.027 95.700 14.538
201406 12.944 98.000 14.106
201409 12.338 98.500 13.378
201412 11.503 97.900 12.549
201503 11.843 97.900 12.920
201506 11.661 98.400 12.656
201509 12.071 98.500 13.088
201512 11.827 98.100 12.876
201603 12.773 97.900 13.934
201606 13.570 98.100 14.773
201609 13.947 98.000 15.199
201612 12.517 98.400 13.586
201703 12.977 98.100 14.128
201706 13.358 98.500 14.484
201709 13.261 98.800 14.335
201712 13.228 99.400 14.213
201803 13.993 99.200 15.065
201806 13.498 99.200 14.532
201809 13.196 99.900 14.107
201812 13.267 99.700 14.212
201903 13.326 99.700 14.275
201906 13.683 99.800 14.643
201909 13.731 100.100 14.650
201912 13.562 100.500 14.412
202003 13.296 100.300 14.158
202006 12.447 99.900 13.307
202009 12.560 99.900 13.428
202012 12.801 99.300 13.768
202103 12.153 99.900 12.992
202106 11.565 99.500 12.413
202109 11.626 100.100 12.404
202112 11.406 100.100 12.169
202203 11.337 101.100 11.976
202206 10.185 101.800 10.685
202209 9.653 103.100 9.999
202212 10.436 104.100 10.707
202303 10.716 104.400 10.962
202306 10.262 105.200 10.418
202309 10.118 106.200 10.175
202312 10.603 106.800 10.603

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


Isetan Mitsukoshi Holdings  (OTCPK:IMHDF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15.61/7.7
=2.03

* 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 Isetan Mitsukoshi Holdings was 2.16. The lowest was 0.35. And the median was 0.73.


Be Aware

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


Isetan Mitsukoshi Holdings Cyclically Adjusted Book per Share Related Terms

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


Isetan Mitsukoshi Holdings (Isetan Mitsukoshi Holdings) Business Description

Traded in Other Exchanges
Address
5-16-10 Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-0022
Isetan Mitsukoshi Holdings Ltd. is a Japan-based holding company. It is engaged in the management planning and management of subsidiaries and group companies engaged in the department store and other businesses as well as the handling of all related operations. The company has three flagship Stores, The Isetan Shinjuku Main Store which gives life to art, music, and future entertainment, The Mitsukoshi Nihombashi Main Store creates art and culture that appeal to a new segment of customers, and The Mitsukoshi Ginza Store which has refined itself to serve the needs of a global clientele.

Isetan Mitsukoshi Holdings (Isetan Mitsukoshi Holdings) Headlines

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