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SANNO Co (TSE:3441) Cyclically Adjusted Book per Share : 円1,227.19 (As of Jan. 2024)


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What is SANNO 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.

SANNO Co's adjusted book value per share for the three months ended in Jan. 2024 was 円1,393.128. 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1,227.19 for the trailing ten years ended in Jan. 2024.

During the past 12 months, SANNO Co's average Cyclically Adjusted Book Growth Rate was 0.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -3.00% 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 SANNO Co was -0.40% per year. The lowest was -5.50% per year. And the median was -3.40% per year.

As of today (2024-06-10), SANNO Co's current stock price is 円939.00. SANNO Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was 円1,227.19. SANNO Co's Cyclically Adjusted PB Ratio of today is 0.77.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SANNO Co was 1.65. The lowest was 0.29. And the median was 0.78.


SANNO Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for SANNO 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.

SANNO Co Cyclically Adjusted Book per Share Chart

SANNO Co Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,333.93 1,237.29 1,192.59 1,203.12 1,223.47

SANNO Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1,223.61 1,222.84 1,223.47 1,234.56 1,227.19

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

For the Metal Fabrication subindustry, SANNO 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.


SANNO Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, SANNO Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SANNO 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, SANNO Co's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=1393.128/106.9000*106.9000
=1,393.128

Current CPI (Jan. 2024) = 106.9000.

SANNO Co Quarterly Data

Book Value per Share CPI Adj_Book
201404 1,407.761 97.700 1,540.324
201407 1,419.689 98.100 1,547.041
201410 1,464.095 98.200 1,593.806
201501 1,331.894 97.800 1,455.823
201504 1,315.857 98.400 1,429.524
201507 1,266.320 98.300 1,377.107
201510 1,198.431 98.500 1,300.632
201601 1,151.429 97.700 1,259.854
201604 1,084.404 98.100 1,181.680
201607 1,048.093 97.900 1,144.445
201610 1,036.104 98.600 1,123.322
201701 1,107.054 98.200 1,205.133
201704 1,099.625 98.500 1,193.400
201707 1,109.825 98.300 1,206.921
201710 1,131.703 98.800 1,224.484
201801 1,146.661 99.500 1,231.940
201804 1,112.396 99.100 1,199.951
201807 1,079.125 99.200 1,162.888
201810 1,067.507 100.200 1,138.887
201901 1,022.240 99.700 1,096.063
201904 970.824 100.000 1,037.811
201907 927.064 99.800 993.017
201910 905.718 100.400 964.355
202001 959.478 100.500 1,020.579
202004 956.464 100.200 1,020.419
202007 936.961 100.000 1,001.611
202010 932.276 99.800 998.600
202101 1,011.527 99.800 1,083.489
202104 1,072.162 99.100 1,156.550
202107 1,089.140 99.700 1,167.794
202110 1,110.199 99.900 1,187.991
202201 1,153.855 100.300 1,229.782
202204 1,185.772 101.500 1,248.857
202207 1,217.937 102.300 1,272.702
202210 1,296.032 103.700 1,336.025
202301 1,329.172 104.700 1,357.101
202304 1,331.074 105.100 1,353.871
202307 1,288.390 105.700 1,303.017
202310 1,350.396 107.100 1,347.874
202401 1,393.128 106.900 1,393.128

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


SANNO Co  (TSE:3441) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=939.00/1227.19
=0.77

* 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 SANNO Co was 1.65. The lowest was 0.29. And the median was 0.78.


Be Aware

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


SANNO Co Cyclically Adjusted Book per Share Related Terms

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


SANNO Co (TSE:3441) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Tsunashima-Higashi, Kouhoku-ku, Yokohama, JPN
SANNO Co Ltd is engaged in the business of precision processing, sheet metal production, and precious metal surface treatment. The products and services offered by the company include precious metal surface processing, precision pressing of electronics parts, die design and production.

SANNO Co (TSE:3441) Headlines

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