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Omikenshi Co (TSE:3111) Cyclically Adjusted Book per Share : 円828.63 (As of Dec. 2023)


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What is Omikenshi 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.

Omikenshi Co's adjusted book value per share for the three months ended in Dec. 2023 was 円177.046. 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828.63 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Omikenshi Co's average Cyclically Adjusted Book Growth Rate was -10.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -7.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -6.20% 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 Omikenshi Co was -5.40% per year. The lowest was -7.10% per year. And the median was -6.30% per year.

As of today (2024-06-08), Omikenshi Co's current stock price is 円332.00. Omikenshi Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円828.63. Omikenshi Co's Cyclically Adjusted PB Ratio of today is 0.40.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Omikenshi Co was 1.01. The lowest was 0.27. And the median was 0.39.


Omikenshi Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Omikenshi 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.

Omikenshi Co Cyclically Adjusted Book per Share Chart

Omikenshi Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,180.80 1,128.31 1,051.25 972.39 903.38

Omikenshi Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 928.44 903.38 881.39 857.31 828.63

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

For the Textile Manufacturing subindustry, Omikenshi 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.


Omikenshi Co's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Omikenshi Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Omikenshi 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, Omikenshi Co'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)
=177.046/106.8000*106.8000
=177.046

Current CPI (Dec. 2023) = 106.8000.

Omikenshi Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,347.538 95.700 1,503.836
201406 1,341.324 98.000 1,461.769
201409 1,338.899 98.500 1,451.720
201412 1,324.652 97.900 1,445.075
201503 1,223.712 97.900 1,334.959
201506 1,171.120 98.400 1,271.094
201509 883.455 98.500 957.898
201512 849.353 98.100 924.678
201603 886.954 97.900 967.586
201606 820.872 98.100 893.671
201609 800.259 98.000 872.119
201612 689.011 98.400 747.829
201703 886.954 98.100 965.614
201706 879.982 98.500 954.133
201709 893.017 98.800 965.326
201712 899.383 99.400 966.339
201803 902.124 99.200 971.238
201806 878.480 99.200 945.783
201809 858.378 99.900 917.665
201812 867.728 99.700 929.522
201903 775.787 99.700 831.034
201906 772.421 99.800 826.599
201909 764.397 100.100 815.560
201912 738.329 100.500 784.612
202003 423.496 100.300 450.941
202006 403.489 99.900 431.358
202009 889.888 99.900 951.352
202012 839.148 99.300 902.528
202103 635.396 99.900 679.282
202106 607.836 99.500 652.431
202109 527.196 100.100 562.483
202112 475.962 100.100 507.820
202203 576.131 101.100 608.613
202206 582.827 101.800 611.453
202209 469.444 103.100 486.291
202212 444.434 104.100 455.961
202303 387.422 104.400 396.328
202306 342.723 105.200 347.936
202309 216.306 106.200 217.528
202312 177.046 106.800 177.046

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


Omikenshi Co  (TSE:3111) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=332.00/828.63
=0.40

* 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 Omikenshi Co was 1.01. The lowest was 0.27. And the median was 0.39.


Be Aware

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


Omikenshi Co Cyclically Adjusted Book per Share Related Terms

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


Omikenshi Co (TSE:3111) Business Description

Traded in Other Exchanges
N/A
Address
4-1-1 Minamoto-cho, Chuo-ku, Osaka, JPN, 541-8541
Omikenshi Co Ltd is engaged in the manufacturing, processing and sale of cotton yarn, rayon cotton, rayon yarn, various synthetic yarns and mixed spinning yarns. The company also produces, processes, and sells various knitting, textile, and nonwoven fabric products; and various towels and bedding goods, as well as cosmetics products.

Omikenshi Co (TSE:3111) Headlines

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