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Oki Electric Industry Co (Oki Electric Industry Co) Cyclically Adjusted Book per Share : $7.43 (As of Mar. 2024)


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What is Oki Electric Industry 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.

Oki Electric Industry Co's adjusted book value per share for the three months ended in Mar. 2024 was $10.877. 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 $7.43 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Oki Electric Industry Co's average Cyclically Adjusted Book Growth Rate was 5.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.30% 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 Oki Electric Industry Co was 6.30% per year. The lowest was -5.20% per year. And the median was 3.55% per year.

As of today (2024-06-12), Oki Electric Industry Co's current stock price is $7.01. Oki Electric Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $7.43. Oki Electric Industry Co's Cyclically Adjusted PB Ratio of today is 0.94.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Oki Electric Industry Co was 1.68. The lowest was 0.59. And the median was 1.13.


Oki Electric Industry Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Oki Electric Industry 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.

Oki Electric Industry Co Cyclically Adjusted Book per Share Chart

Oki Electric Industry 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 13.92 8.07 8.80 8.86 7.43

Oki Electric Industry 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 8.86 7.19 8.73 9.29 7.43

Competitive Comparison of Oki Electric Industry Co's Cyclically Adjusted Book per Share

For the Communication Equipment subindustry, Oki Electric Industry 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.


Oki Electric Industry Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Oki Electric Industry Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Oki Electric Industry 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, Oki Electric Industry Co'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)
=10.877/107.2000*107.2000
=10.877

Current CPI (Mar. 2024) = 107.2000.

Oki Electric Industry Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.395 98.000 11.371
201409 10.096 98.500 10.988
201412 9.582 97.900 10.492
201503 11.449 97.900 12.537
201506 11.060 98.400 12.049
201509 10.819 98.500 11.775
201512 10.445 98.100 11.414
201603 10.892 97.900 11.927
201606 10.794 98.100 11.795
201609 10.481 98.000 11.465
201612 9.155 98.400 9.974
201703 9.890 98.100 10.807
201706 9.424 98.500 10.256
201709 9.430 98.800 10.232
201712 9.236 99.400 9.961
201803 10.893 99.200 11.771
201806 10.040 99.200 10.850
201809 9.748 99.900 10.460
201812 9.325 99.700 10.026
201903 10.408 99.700 11.191
201906 9.663 99.800 10.379
201909 10.792 100.100 11.557
201912 11.189 100.500 11.935
202003 11.418 100.300 12.203
202006 10.598 99.900 11.372
202009 10.511 99.900 11.279
202012 10.693 99.300 11.544
202103 11.852 99.900 12.718
202106 11.218 99.500 12.086
202109 10.939 100.100 11.715
202112 10.406 100.100 11.144
202203 10.476 101.100 11.108
202206 8.760 101.800 9.225
202209 8.020 103.100 8.339
202212 7.991 104.100 8.229
202303 8.569 104.400 8.799
202306 8.203 105.200 8.359
202309 8.048 106.200 8.124
202312 8.514 106.800 8.546
202403 10.877 107.200 10.877

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


Oki Electric Industry Co  (OTCPK:OKIEY) 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.

Oki Electric Industry Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.01/7.43
=0.94

* 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 Oki Electric Industry Co was 1.68. The lowest was 0.59. 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.


Oki Electric Industry Co Cyclically Adjusted Book per Share Related Terms

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


Oki Electric Industry Co (Oki Electric Industry Co) Business Description

Traded in Other Exchanges
Address
1-7-12 Toranomon, Minato-ku, Tokyo, JPN, 105-8460
Oki Electric Industry Co Ltd is a Japanese manufacturer of telecommunications and printer products to telecommunication carriers, financial institutions, government agencies, and corporations. Its business is organized by product line into: information and communication technology, including traffic infrastructure-, disaster-, and self defense-related systems; mechatronics systems, including ATMs, cash handling equipment, and bank branch terminals; printers, including color printers, wide-format inkjets, and multifunction printers; and electronics manufacturing services for industrial, medical, and communications equipment.

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