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Osaka Soda Co (TSE:4046) Cyclically Adjusted Book per Share : 円3,117.75 (As of Dec. 2023)


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What is Osaka Soda 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.

Osaka Soda Co's adjusted book value per share for the three months ended in Dec. 2023 was 円4,130.368. 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3,117.75 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Osaka Soda Co'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 Osaka Soda Co was 8.70% per year. The lowest was 6.20% per year. And the median was 6.90% per year.

As of today (2024-06-02), Osaka Soda Co's current stock price is 円9250.00. Osaka Soda Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円3,117.75. Osaka Soda Co's Cyclically Adjusted PB Ratio of today is 2.97.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Osaka Soda Co was 3.81. The lowest was 0.98. And the median was 1.30.


Osaka Soda Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Osaka Soda 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.

Osaka Soda Co Cyclically Adjusted Book per Share Chart

Osaka Soda Co 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 2,256.48 2,397.46 2,603.07 2,899.98 -

Osaka Soda 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 2,899.98 2,972.11 3,051.96 3,117.75 -

Competitive Comparison of Osaka Soda Co's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Osaka Soda 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.


Osaka Soda Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Osaka Soda Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Osaka Soda 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, Osaka Soda 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)
=4130.368/106.8000*106.8000
=4,130.368

Current CPI (Dec. 2023) = 106.8000.

Osaka Soda Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,975.533 95.700 2,204.670
201406 2,025.047 98.000 2,206.888
201409 2,088.423 98.500 2,264.402
201412 2,165.993 97.900 2,362.901
201503 2,263.799 97.900 2,469.599
201506 2,310.970 98.400 2,508.248
201509 2,295.690 98.500 2,489.134
201512 2,380.256 98.100 2,591.349
201603 2,292.067 97.900 2,500.437
201606 2,257.849 98.100 2,458.086
201609 2,322.868 98.000 2,531.452
201612 2,453.952 98.400 2,663.436
201703 2,502.421 98.100 2,724.348
201706 2,574.134 98.500 2,791.041
201709 2,660.510 98.800 2,875.936
201712 2,730.225 99.400 2,933.481
201803 2,698.496 99.200 2,905.236
201806 2,725.264 99.200 2,934.054
201809 2,820.061 99.900 3,014.840
201812 2,748.746 99.700 2,944.494
201903 2,795.501 99.700 2,994.579
201906 2,817.364 99.800 3,014.975
201909 2,858.654 100.100 3,049.992
201912 2,943.735 100.500 3,128.268
202003 2,912.800 100.300 3,101.566
202006 2,988.908 99.900 3,195.349
202009 3,057.526 99.900 3,268.706
202012 3,168.860 99.300 3,408.200
202103 3,310.399 99.900 3,539.045
202106 3,347.865 99.500 3,593.487
202109 3,449.717 100.100 3,680.617
202112 3,506.773 100.100 3,741.492
202203 3,594.523 101.100 3,797.182
202206 3,746.458 101.800 3,930.469
202209 4,288.055 103.100 4,441.943
202212 3,921.712 104.100 4,023.428
202303 3,912.307 104.400 4,002.245
202306 4,046.028 105.200 4,107.565
202309 4,163.162 106.200 4,186.683
202312 4,130.368 106.800 4,130.368

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


Osaka Soda Co  (TSE:4046) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9250.00/3117.75
=2.97

* 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 Osaka Soda Co was 3.81. The lowest was 0.98. And the median was 1.30.


Be Aware

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


Osaka Soda Co Cyclically Adjusted Book per Share Related Terms

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


Osaka Soda Co (TSE:4046) Business Description

Industry
Traded in Other Exchanges
N/A
Address
12-18, Awaza 1-chome, Nishi-ku, Osaka, JPN, 550-0011
Osaka Soda Co Ltd is a Japan-based company, engages in the production and sale of chemicals, pharmaceuticals, and resin products. It operates through the following divisions: The Basic Chemicals divisions that include Caustic Soda, allyl chloride, and epichlorohydrin products. The Functional Chemicals divisions produce and sell pharmaceuticals and intermediates including allyl ethers, epichlorohydrin rubber, diallyl phthalate (DAP) resins, silica gel for liquid chromatography and electrodes. The Housing Facilities divisions handle the production and marketing of DAP processed materials and products related to housing.

Osaka Soda Co (TSE:4046) Headlines

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