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Teikoku Sen-I Co (TSE:3302) Cyclically Adjusted Book per Share : 円2,064.18 (As of Mar. 2024)


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What is Teikoku Sen-I 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.

Teikoku Sen-I Co's adjusted book value per share for the three months ended in Mar. 2024 was 円2,574.994. 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2,064.18 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Teikoku Sen-I Co's average Cyclically Adjusted Book Growth Rate was 7.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.30% 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 Teikoku Sen-I Co was 11.60% per year. The lowest was 9.90% per year. And the median was 10.50% per year.

As of today (2024-05-26), Teikoku Sen-I Co's current stock price is 円2311.00. Teikoku Sen-I Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円2,064.18. Teikoku Sen-I Co's Cyclically Adjusted PB Ratio of today is 1.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Teikoku Sen-I Co was 2.55. The lowest was 0.79. And the median was 1.36.


Teikoku Sen-I Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Teikoku Sen-I 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.

Teikoku Sen-I Co Cyclically Adjusted Book per Share Chart

Teikoku Sen-I Co 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 1,407.36 1,533.25 1,696.02 1,893.67 2,036.30

Teikoku Sen-I 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 1,926.66 1,966.89 2,006.02 2,036.30 2,064.18

Competitive Comparison of Teikoku Sen-I Co's Cyclically Adjusted Book per Share

For the Farm & Heavy Construction Machinery subindustry, Teikoku Sen-I 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.


Teikoku Sen-I Co's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Teikoku Sen-I Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Teikoku Sen-I Co's Cyclically Adjusted PB Ratio falls into.



Teikoku Sen-I 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, Teikoku Sen-I 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)
=2574.994/107.2000*107.2000
=2,574.994

Current CPI (Mar. 2024) = 107.2000.

Teikoku Sen-I Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,572.620 98.000 1,720.254
201409 1,533.637 98.500 1,669.095
201412 1,575.369 97.900 1,725.021
201503 1,671.550 97.900 1,830.339
201506 1,553.753 98.400 1,692.707
201509 1,564.500 98.500 1,702.684
201512 1,608.503 98.100 1,757.712
201603 1,625.214 97.900 1,779.601
201606 1,615.039 98.100 1,764.854
201609 1,605.739 98.000 1,756.482
201612 1,676.788 98.400 1,826.745
201703 1,700.747 98.100 1,858.513
201706 1,750.041 98.500 1,904.613
201709 1,735.142 98.800 1,882.664
201712 1,871.620 99.400 2,018.488
201803 1,830.279 99.200 1,977.882
201806 1,885.394 99.200 2,037.442
201809 1,861.243 99.900 1,997.250
201812 1,808.435 99.700 1,944.476
201903 1,896.382 99.700 2,039.039
201906 1,790.971 99.800 1,923.768
201909 1,925.488 100.100 2,062.061
201912 2,099.203 100.500 2,239.150
202003 2,035.194 100.300 2,175.202
202006 1,987.723 99.900 2,132.972
202009 1,985.229 99.900 2,130.296
202012 2,089.282 99.300 2,255.499
202103 2,198.406 99.900 2,359.050
202106 2,166.052 99.500 2,333.676
202109 2,179.344 100.100 2,333.923
202112 2,179.281 100.100 2,333.855
202203 2,219.633 101.100 2,353.557
202206 2,153.925 101.800 2,268.180
202209 2,174.914 103.100 2,261.404
202212 2,222.101 104.100 2,288.273
202303 2,264.673 104.400 2,325.411
202306 2,352.426 105.200 2,397.149
202309 2,407.409 106.200 2,430.078
202312 2,493.487 106.800 2,502.826
202403 2,574.994 107.200 2,574.994

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


Teikoku Sen-I Co  (TSE:3302) 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.

Teikoku Sen-I Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2311.00/2064.18
=1.12

* 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 Teikoku Sen-I Co was 2.55. The lowest was 0.79. And the median was 1.36.


Be Aware

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


Teikoku Sen-I Co Cyclically Adjusted Book per Share Related Terms

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


Teikoku Sen-I Co (TSE:3302) Business Description

Traded in Other Exchanges
N/A
Address
5-13, Nihonbashi 2-Chome, Chuo-Ku, Tokyo, JPN
Teikoku Sen-I Co Ltd manufactures and sells disaster prevention products and equipment. It offers disaster prevention products including fire hoses and fire-fighting systems; rescue and special purpose vehicles; rescue and search equipment; and anti-CBRNE terrorism and HazMat equipment consisting of detection, decontamination, protection, monitoring, and other equipment. It also provides firefighting and specialized protective clothing products; industrial rubber goods and tents; and linen yarns and fabrics. The company also offers related equipment all over Japan.

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