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Helios Techno Holding Co (TSE:6927) Cyclically Adjusted Book per Share : 円670.84 (As of Dec. 2023)


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What is Helios Techno Holding 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.

Helios Techno Holding Co's adjusted book value per share for the three months ended in Dec. 2023 was 円839.478. 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670.84 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Helios Techno Holding Co's average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.50% 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 Helios Techno Holding Co was 7.40% per year. The lowest was 5.50% per year. And the median was 6.10% per year.

As of today (2024-05-28), Helios Techno Holding Co's current stock price is 円497.00. Helios Techno Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円670.84. Helios Techno Holding Co's Cyclically Adjusted PB Ratio of today is 0.74.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Helios Techno Holding Co was 2.59. The lowest was 0.47. And the median was 0.74.


Helios Techno Holding Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Helios Techno Holding 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.

Helios Techno Holding Co Cyclically Adjusted Book per Share Chart

Helios Techno Holding Co 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 476.38 505.95 530.70 569.15 626.86

Helios Techno Holding Co 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 615.02 626.86 641.62 657.33 670.84

Competitive Comparison of Helios Techno Holding Co's Cyclically Adjusted Book per Share

For the Consumer Electronics subindustry, Helios Techno Holding 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.


Helios Techno Holding Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Helios Techno Holding Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Helios Techno Holding 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, Helios Techno Holding 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)
=839.478/106.8000*106.8000
=839.478

Current CPI (Dec. 2023) = 106.8000.

Helios Techno Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 430.639 95.700 480.588
201406 430.824 98.000 469.510
201409 435.505 98.500 472.202
201412 444.105 97.900 484.478
201503 450.931 97.900 491.925
201506 470.784 98.400 510.973
201509 470.648 98.500 510.307
201512 481.070 98.100 523.734
201603 481.130 97.900 524.869
201606 494.800 98.100 538.681
201609 504.557 98.000 549.864
201612 524.464 98.400 569.235
201703 530.617 98.100 577.675
201706 498.232 98.500 540.215
201709 586.845 98.800 634.363
201712 626.541 99.400 673.185
201803 635.021 99.200 683.672
201806 628.511 99.200 676.663
201809 663.479 99.900 709.305
201812 678.980 99.700 727.333
201903 698.114 99.700 747.829
201906 664.642 99.800 711.260
201909 671.143 100.100 716.065
201912 673.082 100.500 715.275
202003 697.032 100.300 742.204
202006 685.835 99.900 733.205
202009 684.648 99.900 731.936
202012 711.189 99.300 764.904
202103 718.666 99.900 768.304
202106 716.033 99.500 768.566
202109 714.888 100.100 762.738
202112 721.373 100.100 769.657
202203 758.129 101.100 800.872
202206 739.498 101.800 775.819
202209 784.043 103.100 812.180
202212 781.395 104.100 801.662
202303 827.447 104.400 846.469
202306 826.852 105.200 839.428
202309 832.092 106.200 836.793
202312 839.478 106.800 839.478

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


Helios Techno Holding Co  (TSE:6927) 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.

Helios Techno Holding Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=497.00/670.84
=0.74

* 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 Helios Techno Holding Co was 2.59. The lowest was 0.47. And the median was 0.74.


Be Aware

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


Helios Techno Holding Co Cyclically Adjusted Book per Share Related Terms

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


Helios Techno Holding Co (TSE:6927) Business Description

Industry
Traded in Other Exchanges
N/A
Address
4-9 Nihonbashi Kodenmacho, Chuo-ku, Kodenmacho Shin Nihonbashi Building, 9th Floor, Tokyo, JPN, 679-2122
Helios Techno Holdings Co Ltd manufactures and sells lamps for projectors, halogen lamps for general lighting, and LED lamps; equipment, such as orientation film printing devices and specialized printers; and industrial equipment, as well as testing and measuring equipment. It also provides human resource placement and business contracting services for technological, general manufacturing, and other companies.

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