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Chofu Seisakusho Co (TSE:5946) Cyclically Adjusted Book per Share : 円3,832.40 (As of Mar. 2024)


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What is Chofu Seisakusho 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.

Chofu Seisakusho Co's adjusted book value per share for the three months ended in Mar. 2024 was 円3,946.587. 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3,832.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Chofu Seisakusho Co's average Cyclically Adjusted Book Growth Rate was 3.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.60% 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 Chofu Seisakusho Co was 3.60% per year. The lowest was 1.70% per year. And the median was 2.50% per year.

As of today (2024-06-13), Chofu Seisakusho Co's current stock price is 円2162.00. Chofu Seisakusho Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円3,832.40. Chofu Seisakusho Co's Cyclically Adjusted PB Ratio of today is 0.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chofu Seisakusho Co was 0.79. The lowest was 0.49. And the median was 0.61.


Chofu Seisakusho Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Chofu Seisakusho 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.

Chofu Seisakusho Co Cyclically Adjusted Book per Share Chart

Chofu Seisakusho Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,423.23 3,431.70 3,512.55 3,690.23 3,812.30

Chofu Seisakusho 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 3,707.21 3,742.82 3,785.06 3,812.30 3,832.40

Competitive Comparison of Chofu Seisakusho Co's Cyclically Adjusted Book per Share

For the Furnishings, Fixtures & Appliances subindustry, Chofu Seisakusho 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.


Chofu Seisakusho Co's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Chofu Seisakusho Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Chofu Seisakusho 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, Chofu Seisakusho 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)
=3946.587/107.2000*107.2000
=3,946.587

Current CPI (Mar. 2024) = 107.2000.

Chofu Seisakusho Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 3,340.443 98.000 3,654.036
201409 3,354.432 98.500 3,650.712
201412 3,412.933 97.900 3,737.144
201503 3,415.034 97.900 3,739.445
201506 3,427.700 98.400 3,734.242
201509 3,407.752 98.500 3,708.741
201512 3,449.432 98.100 3,769.410
201603 3,430.636 97.900 3,756.529
201606 3,413.135 98.100 3,729.746
201609 3,425.195 98.000 3,746.744
201612 3,482.880 98.400 3,794.357
201703 3,486.478 98.100 3,809.892
201706 3,518.429 98.500 3,829.194
201709 3,519.898 98.800 3,819.161
201712 3,573.725 99.400 3,854.158
201803 3,556.051 99.200 3,842.829
201806 3,585.613 99.200 3,874.775
201809 3,582.246 99.900 3,844.012
201812 3,574.013 99.700 3,842.871
201903 3,582.015 99.700 3,851.475
201906 3,547.617 99.800 3,810.667
201909 3,549.978 100.100 3,801.775
201912 3,595.792 100.500 3,835.511
202003 3,515.623 100.300 3,757.475
202006 3,560.097 99.900 3,820.244
202009 3,592.539 99.900 3,855.057
202012 3,633.731 99.300 3,922.819
202103 3,677.140 99.900 3,945.840
202106 3,678.378 99.500 3,963.036
202109 3,686.380 100.100 3,947.852
202112 3,693.231 100.100 3,955.188
202203 3,676.708 101.100 3,898.547
202206 3,691.389 101.800 3,887.199
202209 3,706.035 103.100 3,853.414
202212 3,737.468 104.100 3,848.766
202303 3,789.680 104.400 3,891.319
202306 3,855.552 105.200 3,928.851
202309 3,869.190 106.200 3,905.623
202312 3,916.032 106.800 3,930.699
202403 3,946.587 107.200 3,946.587

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


Chofu Seisakusho Co  (TSE:5946) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2162.00/3832.4
=0.56

* 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 Chofu Seisakusho Co was 0.79. The lowest was 0.49. And the median was 0.61.


Be Aware

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


Chofu Seisakusho Co Cyclically Adjusted Book per Share Related Terms

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


Chofu Seisakusho Co (TSE:5946) Business Description

Traded in Other Exchanges
N/A
Address
2-1 Chofuogimachi, Shimonoseki-shi, YMC, JPN, 752-8555
Chofu Seisakusho Co Ltd is a Japanese manufacturing company that produces and sells water heaters, air conditioners, heat pump systems, solar equipment, and commercial equipment. It operates solely across Japan. These operations are divided among its sales and marketing, manufacturing and engineering, research and development, and quality control activities.

Chofu Seisakusho Co (TSE:5946) Headlines

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