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VT HOLDINGS Co (TSE:7593) Cyclically Adjusted Book per Share : 円375.57 (As of Dec. 2023)


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What is VT HOLDINGS 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.

VT HOLDINGS Co's adjusted book value per share for the three months ended in Dec. 2023 was 円643.566. 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375.57 for the trailing ten years ended in Dec. 2023.

During the past 12 months, VT HOLDINGS Co's average Cyclically Adjusted Book Growth Rate was 14.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.70% 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 VT HOLDINGS Co was 11.50% per year. The lowest was 9.70% per year. And the median was 9.90% per year.

As of today (2024-05-24), VT HOLDINGS Co's current stock price is 円490.00. VT HOLDINGS Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円375.57. VT HOLDINGS Co's Cyclically Adjusted PB Ratio of today is 1.30.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of VT HOLDINGS Co was 3.44. The lowest was 1.02. And the median was 1.63.


VT HOLDINGS Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for VT HOLDINGS 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.

VT HOLDINGS Co Cyclically Adjusted Book per Share Chart

VT HOLDINGS 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 223.74 244.75 265.27 296.79 338.88

VT HOLDINGS 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 329.21 338.88 350.37 363.43 375.57

Competitive Comparison of VT HOLDINGS Co's Cyclically Adjusted Book per Share

For the Auto & Truck Dealerships subindustry, VT HOLDINGS 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.


VT HOLDINGS Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

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



VT HOLDINGS 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, VT HOLDINGS 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)
=643.566/106.8000*106.8000
=643.566

Current CPI (Dec. 2023) = 106.8000.

VT HOLDINGS Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 237.236 95.700 264.752
201406 234.559 98.000 255.621
201409 248.115 98.500 269.022
201412 246.339 97.900 268.733
201503 262.745 97.900 286.631
201506 262.422 98.400 284.824
201509 271.491 98.500 294.368
201512 265.626 98.100 289.183
201603 278.571 97.900 303.896
201606 271.831 98.100 295.938
201609 281.172 98.000 306.420
201612 279.166 98.400 302.997
201703 301.341 98.100 328.065
201706 296.624 98.500 321.619
201709 309.263 98.800 334.305
201712 306.058 99.400 328.843
201803 332.711 99.200 358.201
201806 312.133 99.200 336.046
201809 322.443 99.900 344.714
201812 310.181 99.700 332.270
201903 341.224 99.700 365.524
201906 319.163 99.800 341.549
201909 328.519 100.100 350.508
201912 328.519 100.500 349.113
202003 314.280 100.300 334.647
202006 305.717 99.900 326.833
202009 328.398 99.900 351.080
202012 330.834 99.300 355.821
202103 348.449 99.900 372.516
202106 418.711 99.500 449.431
202109 443.825 100.100 473.532
202112 412.629 100.100 440.248
202203 442.649 101.100 467.605
202206 478.739 101.800 502.253
202209 500.224 103.100 518.176
202212 499.207 104.100 512.155
202303 556.092 104.400 568.876
202306 565.920 105.200 574.527
202309 614.815 106.200 618.289
202312 643.566 106.800 643.566

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


VT HOLDINGS Co  (TSE:7593) 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.

VT HOLDINGS Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=490.00/375.57
=1.30

* 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 VT HOLDINGS Co was 3.44. The lowest was 1.02. And the median was 1.63.


Be Aware

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


VT HOLDINGS Co Cyclically Adjusted Book per Share Related Terms

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


VT HOLDINGS Co (TSE:7593) Business Description

Traded in Other Exchanges
N/A
Address
10-32, Nishiki 3-Chome, Naka-ku, Aichi, Nagoya-shi, JPN
VT HOLDINGS Co Ltd is a Japanese holding company which is active in the automobile dealer market. It is engaged in the sale and repair of new and used cars through Honda dealers, Nissan dealers, imported car dealers and car importers. The company is also involved in car rental business and the export of cars as well as in the detached housing sales and construction works.

VT HOLDINGS Co (TSE:7593) Headlines

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