GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Tsukada Global Holdings Inc (TSE:2418) » Definitions » Cyclically Adjusted Book per Share

Tsukada Global Holdings (TSE:2418) Cyclically Adjusted Book per Share : 円644.32 (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Tsukada Global 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.

Tsukada Global Holdings's adjusted book value per share for the three months ended in Mar. 2024 was 円589.599. 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 円644.32 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tsukada Global Holdings's average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.70% 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 Tsukada Global Holdings was 6.10% per year. The lowest was 3.20% per year. And the median was 3.80% per year.

As of today (2024-06-08), Tsukada Global Holdings's current stock price is 円485.00. Tsukada Global Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円644.32. Tsukada Global Holdings's Cyclically Adjusted PB Ratio of today is 0.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tsukada Global Holdings was 1.29. The lowest was 0.38. And the median was 0.62.


Tsukada Global Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tsukada Global 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.

Tsukada Global Holdings Cyclically Adjusted Book per Share Chart

Tsukada Global 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 557.79 582.91 598.07 624.41 641.36

Tsukada Global 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 626.06 631.14 637.61 641.36 644.32

Competitive Comparison of Tsukada Global Holdings's Cyclically Adjusted Book per Share

For the Personal Services subindustry, Tsukada Global 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.


Tsukada Global Holdings's Cyclically Adjusted PB Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Tsukada Global Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Tsukada Global 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, Tsukada Global 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)
=589.599/107.2000*107.2000
=589.599

Current CPI (Mar. 2024) = 107.2000.

Tsukada Global Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 524.366 98.000 573.592
201409 528.380 98.500 575.049
201412 587.976 97.900 643.831
201503 577.491 97.900 632.350
201506 601.268 98.400 655.040
201509 606.879 98.500 660.482
201512 651.402 98.100 711.828
201603 629.448 97.900 689.242
201606 621.727 98.100 679.400
201609 615.051 98.000 672.790
201612 683.834 98.400 744.990
201703 663.813 98.100 725.390
201706 677.796 98.500 737.662
201709 683.016 98.800 741.086
201712 717.146 99.400 773.421
201803 690.333 99.200 746.005
201806 712.680 99.200 770.154
201809 725.196 99.900 778.188
201812 745.259 99.700 801.322
201903 737.293 99.700 792.756
201906 759.431 99.800 815.742
201909 769.871 100.100 824.477
201912 784.148 100.500 836.425
202003 719.431 100.300 768.923
202006 635.427 99.900 681.860
202009 592.765 99.900 636.080
202012 550.648 99.300 594.456
202103 498.887 99.900 535.342
202106 460.313 99.500 495.935
202109 432.095 100.100 462.743
202112 428.782 100.100 459.195
202203 402.996 101.100 427.311
202206 441.550 101.800 464.972
202209 453.457 103.100 471.490
202212 479.390 104.100 493.666
202303 470.564 104.400 483.184
202306 515.658 105.200 525.461
202309 524.191 106.200 529.127
202312 570.144 106.800 572.279
202403 589.599 107.200 589.599

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


Tsukada Global Holdings  (TSE:2418) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=485.00/644.32
=0.75

* 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 Tsukada Global Holdings was 1.29. The lowest was 0.38. And the median was 0.62.


Be Aware

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


Tsukada Global Holdings Cyclically Adjusted Book per Share Related Terms

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


Tsukada Global Holdings (TSE:2418) Business Description

Traded in Other Exchanges
N/A
Address
3-11-10 Higashi, Shibuya-ku, Tokyo, JPN, 150-0011
Tsukada Global Holdings Inc is engaged in the planning and development of guest houses, hotels, wedding and restaurant business in Japan. The company offers wedding attire, beauty care, wedding ceremony and reception, photography, and videography services.

Tsukada Global Holdings (TSE:2418) Headlines

No Headlines