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USS Co (TSE:4732) Cyclically Adjusted Book per Share : 円359.83 (As of Mar. 2024)


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What is USS 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.

USS Co's adjusted book value per share for the three months ended in Mar. 2024 was 円408.969. 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359.83 for the trailing ten years ended in Mar. 2024.

During the past 12 months, USS Co's average Cyclically Adjusted Book Growth Rate was 6.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.10% 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 USS Co was 6.70% per year. The lowest was 5.50% per year. And the median was 5.85% per year.

As of today (2024-05-23), USS Co's current stock price is 円1256.50. USS Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円359.83. USS Co's Cyclically Adjusted PB Ratio of today is 3.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of USS Co was 5.13. The lowest was 2.51. And the median was 3.60.


USS Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for USS 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.

USS Co Cyclically Adjusted Book per Share Chart

USS 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 283.47 296.62 314.60 338.68 359.83

USS 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 338.68 344.15 350.46 355.40 359.83

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

For the Auto & Truck Dealerships subindustry, USS 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.


USS Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, USS Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



USS 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, USS 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)
=408.969/107.2000*107.2000
=408.969

Current CPI (Mar. 2024) = 107.2000.

USS Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 255.416 98.000 279.394
201409 265.277 98.500 288.708
201412 266.413 97.900 291.721
201503 277.252 97.900 303.590
201506 278.880 98.400 303.820
201509 289.667 98.500 315.252
201512 289.516 98.100 316.372
201603 299.086 97.900 327.498
201606 285.592 98.100 312.084
201609 295.453 98.000 323.189
201612 294.751 98.400 321.111
201703 311.708 98.100 340.623
201706 312.037 98.500 339.598
201709 323.713 98.800 351.235
201712 323.804 99.400 349.213
201803 336.732 99.200 363.888
201806 337.239 99.200 364.436
201809 349.126 99.900 374.638
201812 348.876 99.700 375.120
201903 359.815 99.700 386.882
201906 352.644 99.800 378.792
201909 361.458 100.100 387.096
201912 361.053 100.500 385.123
202003 365.549 100.300 390.696
202006 358.115 99.900 384.284
202009 371.215 99.900 398.341
202012 371.294 99.300 400.833
202103 344.607 99.900 369.788
202106 345.907 99.500 372.676
202109 360.609 100.100 386.187
202112 357.035 100.100 382.359
202203 367.738 101.100 389.926
202206 361.889 101.800 381.085
202209 376.602 103.100 391.578
202212 374.683 104.100 385.841
202303 391.384 104.400 401.881
202306 374.332 105.200 381.449
202309 391.396 106.200 395.081
202312 391.258 106.800 392.723
202403 408.969 107.200 408.969

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


USS Co  (TSE:4732) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1256.50/359.83
=3.49

* 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 USS Co was 5.13. The lowest was 2.51. And the median was 3.60.


Be Aware

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


USS Co Cyclically Adjusted Book per Share Related Terms

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


USS Co (TSE:4732) Business Description

Industry
Traded in Other Exchanges
Address
507-20 Shinpo-Machi, Tokai-shi, Aichi Prefecture, JPN, 476-0005
USS is a Japanese company involved in managing used-vehicle auctions. It has two segments: the auction business (purchasing and selling used vehicles) and the environment-related business. The auction business distributes used vehicles by organizing auctions. The on-site auctions are held in 17 locations across the local market, satellite auctions, and Internet auctions. The recycling business scraps unsold vehicles to recycle them as rebuilt auto parts, raw materials, or solid fuel.

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