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Japan Lifeline Co (TSE:7575) Cyclically Adjusted Book per Share : 円497.28 (As of Dec. 2023)


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What is Japan Lifeline 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.

Japan Lifeline Co's adjusted book value per share for the three months ended in Dec. 2023 was 円755.928. 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497.28 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Japan Lifeline Co'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 Japan Lifeline Co was 17.90% per year. The lowest was 15.70% per year. And the median was 16.60% per year.

As of today (2024-05-26), Japan Lifeline Co's current stock price is 円1134.00. Japan Lifeline Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円497.28. Japan Lifeline Co's Cyclically Adjusted PB Ratio of today is 2.28.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Japan Lifeline Co was 18.24. The lowest was 2.01. And the median was 4.39.


Japan Lifeline Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Japan Lifeline 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.

Japan Lifeline Co Cyclically Adjusted Book per Share Chart

Japan Lifeline Co 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 288.27 332.72 383.85 446.87 -

Japan Lifeline 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 446.87 463.14 480.79 497.28 -

Competitive Comparison of Japan Lifeline Co's Cyclically Adjusted Book per Share

For the Medical Devices subindustry, Japan Lifeline 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.


Japan Lifeline Co's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Japan Lifeline Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Japan Lifeline 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, Japan Lifeline 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)
=755.928/106.8000*106.8000
=755.928

Current CPI (Dec. 2023) = 106.8000.

Japan Lifeline Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 169.252 95.700 188.883
201406 166.324 98.000 181.259
201409 169.553 98.500 183.840
201412 175.003 97.900 190.912
201503 178.036 97.900 194.221
201506 162.691 98.400 176.579
201509 167.725 98.500 181.858
201512 176.670 98.100 192.338
201603 213.533 97.900 232.945
201606 223.733 98.100 243.575
201609 239.214 98.000 260.694
201612 232.366 98.400 252.202
201703 278.844 98.100 303.573
201706 288.829 98.500 313.167
201709 309.161 98.800 334.194
201712 337.152 99.400 362.252
201803 510.978 99.200 550.126
201806 502.696 99.200 541.209
201809 527.244 99.900 563.660
201812 549.131 99.700 588.237
201903 578.156 99.700 619.329
201906 606.158 99.800 648.674
201909 628.369 100.100 670.428
201912 658.469 100.500 699.746
202003 640.536 100.300 682.046
202006 619.976 99.900 662.797
202009 645.806 99.900 690.411
202012 616.026 99.300 662.554
202103 638.342 99.900 682.432
202106 613.743 99.500 658.771
202109 638.504 100.100 681.241
202112 661.112 100.100 705.362
202203 682.778 101.100 721.273
202206 662.577 101.800 695.120
202209 687.727 103.100 712.408
202212 695.235 104.100 713.267
202303 721.198 104.400 737.777
202306 711.585 105.200 722.408
202309 729.495 106.200 733.616
202312 755.928 106.800 755.928

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


Japan Lifeline Co  (TSE:7575) 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.

Japan Lifeline Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1134.00/497.28
=2.28

* 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 Japan Lifeline Co was 18.24. The lowest was 2.01. And the median was 4.39.


Be Aware

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


Japan Lifeline Co Cyclically Adjusted Book per Share Related Terms

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


Japan Lifeline Co (TSE:7575) Business Description

Traded in Other Exchanges
N/A
Address
2-2-20, Higashishinagawa, Tennoz Ocean Square, 25th Floor, Shinagawa-ku, Tokyo, JPN, 140-0002
Japan Lifeline Co Ltd is a medical device company operating in Japan. It is engaged in the trading and manufacturing of medical devices specialized in the cardiovascular field. The company offers medical devices mainly for the treatment of cardiac and vascular diseases. It focuses on providing implantable devices to treat arrhythmias; disposable catheter devices with electrodes for diagnosis and treatment of arrhythmias; prosthetic devices to replace blood vessels and heart valves that lost their functions; and devices for intravascular treatment of cardiac infarction, arterial occlusions of the lower extremities and congenital cardiac diseases.

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