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Yamaha Motor Co (TSE:7272) Cyclically Adjusted Book per Share : 円727.55 (As of Mar. 2024)


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What is Yamaha Motor 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.

Yamaha Motor Co's adjusted book value per share for the three months ended in Mar. 2024 was 円1,153.090. 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727.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Yamaha Motor Co's average Cyclically Adjusted Book Growth Rate was 14.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.10% 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 Yamaha Motor Co was 13.90% per year. The lowest was 8.30% per year. And the median was 11.20% per year.

As of today (2024-06-06), Yamaha Motor Co's current stock price is 円1489.00. Yamaha Motor Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円727.55. Yamaha Motor Co's Cyclically Adjusted PB Ratio of today is 2.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Yamaha Motor Co was 5.72. The lowest was 0.83. And the median was 1.79.


Yamaha Motor Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Yamaha Motor 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.

Yamaha Motor Co Cyclically Adjusted Book per Share Chart

Yamaha Motor 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 448.63 477.71 530.15 616.69 706.48

Yamaha Motor 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 635.00 658.72 684.52 706.48 727.55

Competitive Comparison of Yamaha Motor Co's Cyclically Adjusted Book per Share

For the Auto Manufacturers subindustry, Yamaha Motor 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.


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

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

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



Yamaha Motor 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, Yamaha Motor 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)
=1153.09/107.2000*107.2000
=1,153.090

Current CPI (Mar. 2024) = 107.2000.

Yamaha Motor Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 384.888 98.000 421.020
201409 413.170 98.500 449.663
201412 438.893 97.900 480.586
201503 449.890 97.900 492.627
201506 484.870 98.400 528.232
201509 451.455 98.500 491.330
201512 468.458 98.100 511.913
201603 468.041 97.900 512.503
201606 446.764 98.100 488.207
201609 451.923 98.000 494.348
201612 509.841 98.400 555.437
201703 517.556 98.100 565.566
201706 553.991 98.500 602.922
201709 576.541 98.800 625.559
201712 594.446 99.400 641.093
201803 590.305 99.200 637.910
201806 621.012 99.200 671.094
201809 637.244 99.900 683.809
201812 627.547 99.700 674.755
201903 639.173 99.700 687.255
201906 651.240 99.800 699.528
201909 649.044 100.100 695.080
201912 672.945 100.500 717.808
202003 624.085 100.300 667.018
202006 620.789 99.900 666.152
202009 656.120 99.900 704.065
202012 681.716 99.300 735.951
202103 724.359 99.900 777.290
202106 777.568 99.500 837.742
202109 800.290 100.100 857.054
202112 828.018 100.100 886.749
202203 865.189 101.100 917.391
202206 958.414 101.800 1,009.253
202209 1,001.103 103.100 1,040.914
202212 988.590 104.100 1,018.029
202303 1,018.793 104.400 1,046.117
202306 1,133.156 105.200 1,154.699
202309 1,154.075 106.200 1,164.942
202312 1,133.055 106.800 1,137.299
202403 1,153.090 107.200 1,153.090

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


Yamaha Motor Co  (TSE:7272) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1489.00/727.55
=2.05

* 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 Yamaha Motor Co was 5.72. The lowest was 0.83. And the median was 1.79.


Be Aware

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


Yamaha Motor Co Cyclically Adjusted Book per Share Related Terms

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


Yamaha Motor Co (TSE:7272) Business Description

Traded in Other Exchanges
Address
2500, Shingai, Iwata, Shizuoka, JPN, 438-8501
Yamaha Motor Co Ltd is an automobile and electronics manufacturing company. The company is organised into five segments based on product type: motorcycles, marine products, power products, industrial machinery and robots, and other products. The motorcycles segment, contributing the majority of consolidated revenue, manufactures on- and off-road motorcycles, along with related motorcycle parts. Marine Products, the next-largest contributor to revenue, manufactures outboard motors, personal watercraft, and boats. Yamaha derives the majority of sales from Asia, with North America and Europe the next most significant markets.

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