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Kanamoto Co (Kanamoto Co) Cyclically Adjusted Book per Share : $18.80 (As of Jan. 2024)


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What is Kanamoto 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.

Kanamoto Co's adjusted book value per share for the three months ended in Jan. 2024 was $25.655. 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 $18.80 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Kanamoto Co's average Cyclically Adjusted Book Growth Rate was 9.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.90% 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 Kanamoto Co was 11.80% per year. The lowest was 9.80% per year. And the median was 10.50% per year.

As of today (2024-06-09), Kanamoto Co's current stock price is $18.13. Kanamoto Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $18.80. Kanamoto Co's Cyclically Adjusted PB Ratio of today is 0.96.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kanamoto Co was 2.52. The lowest was 0.77. And the median was 1.13.


Kanamoto Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kanamoto 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.

Kanamoto Co Cyclically Adjusted Book per Share Chart

Kanamoto Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 21.79 17.02 16.74

Kanamoto Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 16.71 16.99 15.77 16.74 18.80

Competitive Comparison of Kanamoto Co's Cyclically Adjusted Book per Share

For the Rental & Leasing Services subindustry, Kanamoto 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.


Kanamoto Co's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Kanamoto Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kanamoto 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, Kanamoto Co's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=25.655/106.9000*106.9000
=25.655

Current CPI (Jan. 2024) = 106.9000.

Kanamoto Co Quarterly Data

Book Value per Share CPI Adj_Book
201404 16.246 97.700 17.776
201407 16.711 98.100 18.210
201410 16.275 98.200 17.717
201501 15.729 97.800 17.193
201504 16.173 98.400 17.570
201507 15.763 98.300 17.142
201510 16.402 98.500 17.801
201601 17.004 97.700 18.605
201604 19.058 98.100 20.768
201607 20.092 97.900 21.939
201610 20.883 98.600 22.641
201701 19.459 98.200 21.183
201704 21.111 98.500 22.911
201707 20.898 98.300 22.726
201710 21.612 98.800 23.384
201801 22.564 99.500 24.242
201804 24.082 99.100 25.977
201807 23.436 99.200 25.255
201810 24.019 100.200 25.625
201901 25.989 99.700 27.866
201904 26.502 100.000 28.331
201907 27.362 99.800 29.309
201910 27.573 100.400 29.358
202001 27.565 100.500 29.320
202004 28.567 100.200 30.477
202007 28.880 100.000 30.873
202010 29.942 99.800 32.072
202101 30.728 99.800 32.914
202104 30.070 99.100 32.437
202107 29.934 99.700 32.096
202110 29.676 99.900 31.755
202201 29.480 100.300 31.420
202204 27.660 101.500 29.132
202207 25.664 102.300 26.818
202210 24.290 103.700 25.040
202301 27.329 104.700 27.903
202304 27.162 105.100 27.627
202307 25.968 105.700 26.263
202310 24.931 107.100 24.884
202401 25.655 106.900 25.655

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


Kanamoto Co  (OTCPK:KNMOF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18.13/18.8
=0.96

* 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 Kanamoto Co was 2.52. The lowest was 0.77. And the median was 1.13.


Be Aware

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


Kanamoto Co Cyclically Adjusted Book per Share Related Terms

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


Kanamoto Co (Kanamoto Co) Business Description

Industry
Traded in Other Exchanges
Address
1-19, Odori Higashi 3-chome Chuo-ku, Sapporo, Hokkaido, JPN, 060-0041
Kanamoto Co Ltd is a provider of construction equipment rentals. The company operates three business segments: construction equipment rental, steel products, and computing products. The construction equipment rental business is Kanamoto's core business, accounting for most of the company's revenue. The company owns various hand tools and construction equipment, such as dump trucks and hydraulic excavators, which it rents out to its customers. The steel products business sells various construction materials for engineering and construction works. The computing products business provides rentals and sale of computer-related equipment. Kanamoto operates in Asia.

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