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Asia Pile Holdings (TSE:5288) Cyclically Adjusted Book per Share : 円923.47 (As of Dec. 2023)


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What is Asia Pile Holdings 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.

Asia Pile Holdings's adjusted book value per share for the three months ended in Dec. 2023 was 円1,158.477. 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923.47 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Asia Pile Holdings's average Cyclically Adjusted Book Growth Rate was 8.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.00% 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 Asia Pile Holdings was 8.30% per year. The lowest was 5.70% per year. And the median was 6.80% per year.

As of today (2024-06-10), Asia Pile Holdings's current stock price is 円958.00. Asia Pile Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円923.47. Asia Pile Holdings's Cyclically Adjusted PB Ratio of today is 1.04.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Asia Pile Holdings was 1.41. The lowest was 0.52. And the median was 0.72.


Asia Pile Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Asia Pile Holdings'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.

Asia Pile Holdings Cyclically Adjusted Book per Share Chart

Asia Pile Holdings 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 646.27 681.19 726.39 787.78 866.23

Asia Pile Holdings 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 850.94 866.23 885.84 907.24 923.47

Competitive Comparison of Asia Pile Holdings's Cyclically Adjusted Book per Share

For the Building Materials subindustry, Asia Pile Holdings'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.


Asia Pile Holdings's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Asia Pile Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Asia Pile Holdings's Cyclically Adjusted PB Ratio falls into.



Asia Pile Holdings 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, Asia Pile Holdings'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)
=1158.477/106.8000*106.8000
=1,158.477

Current CPI (Dec. 2023) = 106.8000.

Asia Pile Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 642.785 95.700 717.340
201406 653.846 98.000 712.559
201409 681.153 98.500 738.550
201412 693.749 97.900 756.817
201503 713.353 97.900 778.203
201506 723.488 98.400 785.249
201509 748.733 98.500 811.824
201512 752.904 98.100 819.675
201603 727.802 97.900 793.966
201606 722.880 98.100 786.989
201609 749.976 98.000 817.321
201612 753.835 98.400 818.187
201703 767.705 98.100 835.789
201706 766.431 98.500 831.014
201709 787.106 98.800 850.839
201712 805.581 99.400 865.554
201803 806.797 99.200 868.608
201806 822.144 99.200 885.131
201809 854.518 99.900 913.539
201812 840.304 99.700 900.145
201903 850.884 99.700 911.479
201906 859.731 99.800 920.033
201909 872.701 100.100 931.114
201912 888.637 100.500 944.343
202003 897.957 100.300 956.150
202006 923.502 99.900 987.287
202009 942.825 99.900 1,007.945
202012 947.734 99.300 1,019.315
202103 948.443 99.900 1,013.951
202106 966.821 99.500 1,037.754
202109 983.859 100.100 1,049.712
202112 973.436 100.100 1,038.591
202203 978.818 101.100 1,034.004
202206 1,007.173 101.800 1,056.641
202209 1,056.792 103.100 1,094.718
202212 1,077.979 104.100 1,105.938
202303 1,083.912 104.400 1,108.830
202306 1,107.304 105.200 1,124.145
202309 1,144.582 106.200 1,151.049
202312 1,158.477 106.800 1,158.477

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


Asia Pile Holdings  (TSE:5288) 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.

Asia Pile Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=958.00/923.47
=1.04

* 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 Asia Pile Holdings was 1.41. The lowest was 0.52. And the median was 0.72.


Be Aware

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


Asia Pile Holdings Cyclically Adjusted Book per Share Related Terms

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


Asia Pile Holdings (TSE:5288) Business Description

Traded in Other Exchanges
N/A
Address
2-1-10 Koraibashi, Chuo-ku, Osaka, JPN, 5410043
Asia Pile Holdings Corp is a construction company specializing in pile foundation. Pile foundation can be classified into three types; concrete pile, steel pipe pile and cast-in-place pile.

Asia Pile Holdings (TSE:5288) Headlines

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