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SWCC (TSE:5805) Cyclically Adjusted Book per Share : 円1,459.03 (As of Dec. 2023)


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What is SWCC 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.

SWCC's adjusted book value per share for the three months ended in Dec. 2023 was 円2,410.825. 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1,459.03 for the trailing ten years ended in Dec. 2023.

During the past 12 months, SWCC'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 SWCC was 4.40% per year. The lowest was -1.40% per year. And the median was 1.20% per year.

As of today (2024-06-06), SWCC's current stock price is 円4325.00. SWCC's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,459.03. SWCC's Cyclically Adjusted PB Ratio of today is 2.96.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SWCC was 3.30. The lowest was 0.46. And the median was 1.31.


SWCC Cyclically Adjusted Book per Share Historical Data

The historical data trend for SWCC'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.

SWCC Cyclically Adjusted Book per Share Chart

SWCC 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 1,187.09 1,180.75 1,233.70 1,350.13 -

SWCC 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 1,350.13 1,384.36 1,423.35 1,459.03 -

Competitive Comparison of SWCC's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, SWCC'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.


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

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

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



SWCC 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, SWCC'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)
=2410.825/106.8000*106.8000
=2,410.825

Current CPI (Dec. 2023) = 106.8000.

SWCC Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,080.019 95.700 1,205.288
201406 1,056.362 98.000 1,151.219
201409 1,054.058 98.500 1,142.877
201412 1,089.982 97.900 1,189.071
201503 1,188.276 97.900 1,296.301
201506 1,159.425 98.400 1,258.400
201509 1,138.267 98.500 1,234.182
201512 1,127.395 98.100 1,227.378
201603 823.368 97.900 898.220
201606 789.130 98.100 859.114
201609 795.782 98.000 867.240
201612 815.838 98.400 885.483
201703 913.537 98.100 994.554
201706 918.016 98.500 995.372
201709 951.294 98.800 1,028.322
201712 1,025.190 99.400 1,101.512
201803 1,101.697 99.200 1,186.101
201806 1,112.091 99.200 1,197.292
201809 1,137.808 99.900 1,216.395
201812 1,189.543 99.700 1,274.255
201903 1,171.577 99.700 1,255.009
201906 1,211.009 99.800 1,295.950
201909 1,264.590 100.100 1,349.233
201912 1,332.757 100.500 1,416.303
202003 1,326.967 100.300 1,412.962
202006 1,326.028 99.900 1,417.616
202009 1,376.828 99.900 1,471.924
202012 1,443.723 99.300 1,552.766
202103 1,594.555 99.900 1,704.689
202106 1,660.191 99.500 1,781.994
202109 1,696.060 100.100 1,809.582
202112 1,774.335 100.100 1,893.097
202203 1,952.625 101.100 2,062.714
202206 1,984.928 101.800 2,082.420
202209 2,007.848 103.100 2,079.905
202212 2,141.012 104.100 2,196.543
202303 2,258.993 104.400 2,310.924
202306 2,266.489 105.200 2,300.960
202309 2,333.854 106.200 2,347.040
202312 2,410.825 106.800 2,410.825

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


SWCC  (TSE:5805) 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.

SWCC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4325.00/1459.03
=2.96

* 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 SWCC was 3.30. The lowest was 0.46. And the median was 1.31.


Be Aware

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


SWCC Cyclically Adjusted Book per Share Related Terms

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


SWCC (TSE:5805) Business Description

Industry
Traded in Other Exchanges
Address
Tokyo Toranomon Building, 1-18, Toranomon 1-chome, Minato-ku, Tokyo, JPN, 2109660
SWCC Corp operates in energy systems, information and communication systems, and other business. The company operates through six segments namely Magnet wire operations, Electrical wire rod and wire rod operations, Energy system operations, Communication system operations, Device operations and Others. In addition, it manufactures and sells bare wires, plastic insulated wires, electric power cables, magnet wires, communication cables, optical peripheral devices, vibration dampers, devices for photocopiers and printing machine, physical distribution, superconducting wire operation and others.

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