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SBS Holdings (SBS Holdings) Cyclically Adjusted Book per Share : $8.64 (As of Mar. 2024)


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What is SBS 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.

SBS Holdings's adjusted book value per share for the three months ended in Mar. 2024 was $13.837. 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 $8.64 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SBS Holdings's average Cyclically Adjusted Book Growth Rate was 13.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.90% 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 SBS Holdings was 9.30% per year. The lowest was 6.80% per year. And the median was 7.50% per year.

As of today (2024-06-10), SBS Holdings's current stock price is $18.00. SBS Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $8.64. SBS Holdings's Cyclically Adjusted PB Ratio of today is 2.08.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SBS Holdings was 4.41. The lowest was 1.45. And the median was 2.56.


SBS Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for SBS 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.

SBS Holdings Cyclically Adjusted Book per Share Chart

SBS Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 8.97

SBS 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 - - - 8.97 8.64

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

For the Integrated Freight & Logistics subindustry, SBS 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.


SBS Holdings's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, SBS Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SBS 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, SBS 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)
=13.837/107.2000*107.2000
=13.837

Current CPI (Mar. 2024) = 107.2000.

SBS Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.650 98.000 8.368
201409 7.445 98.500 8.103
201412 6.805 97.900 7.451
201503 7.282 97.900 7.974
201506 7.047 98.400 7.677
201509 7.559 98.500 8.227
201512 5.817 98.100 6.357
201603 6.405 97.900 7.013
201606 7.502 98.100 8.198
201609 7.872 98.000 8.611
201612 7.056 98.400 7.687
201703 7.246 98.100 7.918
201706 7.590 98.500 8.260
201709 7.985 98.800 8.664
201712 8.115 99.400 8.752
201803 8.568 99.200 9.259
201806 8.428 99.200 9.108
201809 8.422 99.900 9.037
201812 8.922 99.700 9.593
201903 9.340 99.700 10.043
201906 9.852 99.800 10.583
201909 10.222 100.100 10.947
201912 10.414 100.500 11.108
202003 10.935 100.300 11.687
202006 11.227 99.900 12.047
202009 11.751 99.900 12.610
202012 12.311 99.300 13.290
202103 11.958 99.900 12.832
202106 13.113 99.500 14.128
202109 13.570 100.100 14.533
202112 13.419 100.100 14.371
202203 13.169 101.100 13.964
202206 11.483 101.800 12.092
202209 11.205 103.100 11.651
202212 13.134 104.100 13.525
202303 14.116 104.400 14.495
202306 13.680 105.200 13.940
202309 13.340 106.200 13.466
202312 13.915 106.800 13.967
202403 13.837 107.200 13.837

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


SBS Holdings  (OTCPK:SBSOF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18.00/8.64
=2.08

* 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 SBS Holdings was 4.41. The lowest was 1.45. And the median was 2.56.


Be Aware

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


SBS Holdings Cyclically Adjusted Book per Share Related Terms

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


SBS Holdings (SBS Holdings) Business Description

Industry
Traded in Other Exchanges
Address
1-3 Taihei 4-chome, Olinas Tower, Sumida-ku, Tokyo, JPN, 130-0012
SBS Holdings Inc is engaged in the provision of logistics and related services. The company's operating business includes logistics, real-estate, and others. Its logistics business is involved in the transportation and delivery of raw materials, and the storage associated with it, handling, packaging, and distribution processing services. The real-estate business consists of rental and leasing of real estate properties. Its other business comprises of human resources, environment-related, marketing and other related business services.

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