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Mazda Motor (TSE:7261) Cyclically Adjusted Book per Share : 円1,998.56 (As of Mar. 2024)


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What is Mazda Motor 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.

Mazda Motor's adjusted book value per share for the three months ended in Mar. 2024 was 円2,758.486. 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1,998.56 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mazda Motor's average Cyclically Adjusted Book Growth Rate was 10.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.90% 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 Mazda Motor was 9.90% per year. The lowest was 2.90% per year. And the median was 4.85% per year.

As of today (2024-06-06), Mazda Motor's current stock price is 円1554.00. Mazda Motor's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円1,998.56. Mazda Motor's Cyclically Adjusted PB Ratio of today is 0.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mazda Motor was 2.07. The lowest was 0.35. And the median was 0.79.


Mazda Motor Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mazda Motor'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.

Mazda Motor Cyclically Adjusted Book per Share Chart

Mazda Motor 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 1,477.91 1,504.91 1,614.14 1,801.52 1,998.56

Mazda Motor 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 1,801.52 1,850.54 1,905.81 1,953.24 1,998.56

Competitive Comparison of Mazda Motor's Cyclically Adjusted Book per Share

For the Auto Manufacturers subindustry, Mazda Motor'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.


Mazda Motor's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

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



Mazda Motor 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, Mazda Motor'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)
=2758.486/107.2000*107.2000
=2,758.486

Current CPI (Mar. 2024) = 107.2000.

Mazda Motor Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,185.045 98.000 1,296.294
201409 1,379.093 98.500 1,500.901
201412 1,473.201 97.900 1,613.148
201503 1,454.610 97.900 1,592.791
201506 1,503.911 98.400 1,638.407
201509 1,582.503 98.500 1,722.277
201512 1,622.813 98.100 1,773.349
201603 1,595.830 97.900 1,747.426
201606 1,597.588 98.100 1,745.784
201609 1,637.458 98.000 1,791.179
201612 1,687.370 98.400 1,838.273
201703 1,738.849 98.100 1,900.149
201706 1,777.008 98.500 1,933.962
201709 1,834.819 98.800 1,990.816
201712 1,863.920 99.400 2,010.183
201803 1,894.583 99.200 2,047.372
201806 1,904.381 99.200 2,057.960
201809 1,913.224 99.900 2,053.029
201812 1,905.745 99.700 2,049.106
201903 1,911.069 99.700 2,054.830
201906 1,900.688 99.800 2,041.621
201909 1,915.146 100.100 2,050.986
201912 1,938.626 100.500 2,067.868
202003 1,866.086 100.300 1,994.461
202006 1,745.333 99.900 1,872.870
202009 1,692.294 99.900 1,815.955
202012 1,727.665 99.300 1,865.113
202103 1,877.006 99.900 2,014.165
202106 1,895.579 99.500 2,042.272
202109 1,912.535 100.100 2,048.189
202112 1,935.375 100.100 2,072.649
202203 2,066.440 101.100 2,191.121
202206 2,126.178 101.800 2,238.962
202209 2,244.287 103.100 2,333.536
202212 2,209.044 104.100 2,274.827
202303 2,285.964 104.400 2,347.273
202306 2,376.976 105.200 2,422.166
202309 2,523.969 106.200 2,547.735
202312 2,575.400 106.800 2,585.046
202403 2,758.486 107.200 2,758.486

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


Mazda Motor  (TSE:7261) 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.

Mazda Motor's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1554.00/1998.56
=0.78

* 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 Mazda Motor was 2.07. The lowest was 0.35. And the median was 0.79.


Be Aware

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


Mazda Motor Cyclically Adjusted Book per Share Related Terms

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


Mazda Motor (TSE:7261) Business Description

Traded in Other Exchanges
Address
3-1 Shinchi, Fuchu-cho, Aki-gun, Hiroshima, JPN, 730-8670
Mazda Motor Corp is a Japanese automobile manufacturer. The company primarily manufactures passenger cars and commercial vehicles. Also, Mazda manufactures diesel and petroleum gasoline engines, along with manual and automatic transmissions for vehicles. The vast majority of Mazda's production is manufactured locally. The company segments itself across four geographic areas: Japan, North America, Europe, and other markets. The company derives more than half its consolidated revenue from operations in Japan, followed by North America, and then Europe.

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