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MatsukiyoCocokara (TSE:3088) Cyclically Adjusted Book per Share : 円787.68 (As of Dec. 2023)


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What is MatsukiyoCocokara 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.

MatsukiyoCocokara's adjusted book value per share for the three months ended in Dec. 2023 was 円1,210.684. 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787.68 for the trailing ten years ended in Dec. 2023.

During the past 12 months, MatsukiyoCocokara'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 MatsukiyoCocokara was 10.60% per year. The lowest was 7.10% per year. And the median was 8.30% per year.

As of today (2024-06-05), MatsukiyoCocokara's current stock price is 円2215.00. MatsukiyoCocokara's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円787.68. MatsukiyoCocokara's Cyclically Adjusted PB Ratio of today is 2.81.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of MatsukiyoCocokara was 4.11. The lowest was 2.11. And the median was 2.82.


MatsukiyoCocokara Cyclically Adjusted Book per Share Historical Data

The historical data trend for MatsukiyoCocokara'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.

MatsukiyoCocokara Cyclically Adjusted Book per Share Chart

MatsukiyoCocokara 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 530.85 568.45 630.95 718.42 -

MatsukiyoCocokara 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 718.42 741.04 765.76 787.68 -

Competitive Comparison of MatsukiyoCocokara's Cyclically Adjusted Book per Share

For the Pharmaceutical Retailers subindustry, MatsukiyoCocokara'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.


MatsukiyoCocokara's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, MatsukiyoCocokara's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



MatsukiyoCocokara 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, MatsukiyoCocokara'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)
=1210.684/106.8000*106.8000
=1,210.684

Current CPI (Dec. 2023) = 106.8000.

MatsukiyoCocokara Quarterly Data

Book Value per Share CPI Adj_Book
201403 457.514 95.700 510.580
201406 451.319 98.000 491.846
201409 456.471 98.500 494.935
201412 462.618 97.900 504.674
201503 490.300 97.900 534.873
201506 500.443 98.400 543.164
201509 507.947 98.500 550.749
201512 526.561 98.100 573.259
201603 533.363 97.900 581.851
201606 540.936 98.100 588.909
201609 544.143 98.000 593.005
201612 556.421 98.400 603.920
201703 579.803 98.100 631.223
201706 593.951 98.500 644.000
201709 609.115 98.800 658.436
201712 628.621 99.400 675.420
201803 645.299 99.200 694.737
201806 661.401 99.200 712.073
201809 684.678 99.900 731.968
201812 659.444 99.700 706.405
201903 679.719 99.700 728.124
201906 688.056 99.800 736.316
201909 710.865 100.100 758.445
201912 724.481 100.500 769.896
202003 744.645 100.300 792.902
202006 751.614 99.900 803.527
202009 778.834 99.900 832.627
202012 787.258 99.300 846.719
202103 799.505 99.900 854.726
202106 797.745 99.500 856.273
202109 809.972 100.100 864.186
202112 1,144.056 100.100 1,220.631
202203 1,085.171 101.100 1,146.353
202206 1,094.292 101.800 1,148.039
202209 1,120.313 103.100 1,160.518
202212 1,140.957 104.100 1,170.550
202303 1,153.677 104.400 1,180.198
202306 1,172.558 105.200 1,190.392
202309 1,203.354 106.200 1,210.153
202312 1,210.684 106.800 1,210.684

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


MatsukiyoCocokara  (TSE:3088) 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.

MatsukiyoCocokara's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2215.00/787.68
=2.81

* 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 MatsukiyoCocokara was 4.11. The lowest was 2.11. And the median was 2.82.


Be Aware

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


MatsukiyoCocokara Cyclically Adjusted Book per Share Related Terms

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


MatsukiyoCocokara (TSE:3088) Business Description

Traded in Other Exchanges
Address
1-8-2 Yushima, Bunkyo-ku, 7th Floor, MK Ochanomizu Building, Tokyo, JPN, 113-0034
MatsukiyoCocokara & Co, formerly Matsumotokiyoshi Holdings Co., Ltd. is a large retail pharmacy in Japan. The company's stores sell branded and generic medication, over-the-counter medicine, health and beauty aids, perfumery, discount cosmetics, household items, pet supplies, groceries, and personal care products. Matsumotokiyoshi operates a private brand called matsukiyo. The highest concentration of Matsumotokiyoshi's stores are in the Kanto region, which includes Tokyo.

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