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Seed Co (TSE:7743) Cyclically Adjusted Book per Share : 円433.96 (As of Dec. 2023)


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What is Seed 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.

Seed Co's adjusted book value per share for the three months ended in Dec. 2023 was 円514.906. 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433.96 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Seed Co's average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.30% 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 Seed Co was 6.80% per year. The lowest was 5.50% per year. And the median was 6.00% per year.

As of today (2024-06-10), Seed Co's current stock price is 円561.00. Seed Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円433.96. Seed Co's Cyclically Adjusted PB Ratio of today is 1.29.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Seed Co was 8.88. The lowest was 1.24. And the median was 1.97.


Seed Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Seed 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.

Seed Co Cyclically Adjusted Book per Share Chart

Seed 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 312.43 331.45 346.32 372.06 403.80

Seed 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 398.77 403.80 410.94 419.32 433.96

Competitive Comparison of Seed Co's Cyclically Adjusted Book per Share

For the Medical Instruments & Supplies subindustry, Seed 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.


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

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

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



Seed 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, Seed 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)
=514.906/106.8000*106.8000
=514.906

Current CPI (Dec. 2023) = 106.8000.

Seed Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 322.847 95.700 360.293
201406 313.132 98.000 341.250
201409 321.844 98.500 348.964
201412 330.403 97.900 360.440
201503 326.935 97.900 356.656
201506 324.434 98.400 352.130
201509 321.476 98.500 348.565
201512 326.921 98.100 355.914
201603 317.651 97.900 346.528
201606 302.413 98.100 329.233
201609 320.611 98.000 349.401
201612 354.815 98.400 385.104
201703 359.795 98.100 391.703
201706 375.265 98.500 406.886
201709 389.021 98.800 420.521
201712 403.327 99.400 433.353
201803 402.771 99.200 433.628
201806 413.244 99.200 444.904
201809 428.182 99.900 457.756
201812 431.524 99.700 462.254
201903 429.675 99.700 460.274
201906 413.399 99.800 442.395
201909 438.245 100.100 467.578
201912 446.030 100.500 473.990
202003 424.480 100.300 451.989
202006 408.388 99.900 436.595
202009 416.358 99.900 445.115
202012 440.418 99.300 473.682
202103 459.069 99.900 490.776
202106 456.057 99.500 489.516
202109 460.857 100.100 491.704
202112 471.403 100.100 502.955
202203 489.627 101.100 517.232
202206 495.153 101.800 519.473
202209 497.347 103.100 515.196
202212 493.658 104.100 506.462
202303 473.829 104.400 484.722
202306 478.909 105.200 486.193
202309 499.333 106.200 502.154
202312 514.906 106.800 514.906

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


Seed Co  (TSE:7743) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=561.00/433.96
=1.29

* 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 Seed Co was 8.88. The lowest was 1.24. And the median was 1.97.


Be Aware

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


Seed Co Cyclically Adjusted Book per Share Related Terms

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


Seed Co (TSE:7743) Business Description

Traded in Other Exchanges
N/A
Address
2-40-2 Hongo, Bunkyo-ku, Tokyo, JPN, 113-8402
Seed Co Ltd is engaged in the manufacturing and sells of contact lenses, glasses frames, and other eye care products in Japan. Its main products include SEED 1dayPure daily disposable lenses, SEED Fine disposable lenses, SEED S-1 high oxygen permeability hard contact lenses.

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