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Mimasu Semiconductor Industry Co (TSE:8155) Cyclically Adjusted Book per Share : 円2,050.88 (As of Feb. 2024)


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What is Mimasu Semiconductor Industry 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.

Mimasu Semiconductor Industry Co's adjusted book value per share for the three months ended in Feb. 2024 was 円2,513.829. 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2,050.88 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Mimasu Semiconductor Industry Co's average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.30% 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 Mimasu Semiconductor Industry Co was 4.50% per year. The lowest was 1.90% per year. And the median was 2.90% per year.

As of today (2024-06-10), Mimasu Semiconductor Industry Co's current stock price is 円3690.00. Mimasu Semiconductor Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円2,050.88. Mimasu Semiconductor Industry Co's Cyclically Adjusted PB Ratio of today is 1.80.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mimasu Semiconductor Industry Co was 1.82. The lowest was 0.71. And the median was 1.31.


Mimasu Semiconductor Industry Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mimasu Semiconductor Industry 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.

Mimasu Semiconductor Industry Co Cyclically Adjusted Book per Share Chart

Mimasu Semiconductor Industry Co Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,688.79 1,719.55 1,748.61 1,842.55 1,963.67

Mimasu Semiconductor Industry Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1,927.32 1,963.67 1,995.35 2,032.35 2,050.88

Competitive Comparison of Mimasu Semiconductor Industry Co's Cyclically Adjusted Book per Share

For the Semiconductor Equipment & Materials subindustry, Mimasu Semiconductor Industry 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.


Mimasu Semiconductor Industry Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Mimasu Semiconductor Industry Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mimasu Semiconductor Industry 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, Mimasu Semiconductor Industry Co's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=2513.829/106.9000*106.9000
=2,513.829

Current CPI (Feb. 2024) = 106.9000.

Mimasu Semiconductor Industry Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 1,583.665 98.100 1,725.727
201408 1,587.219 98.300 1,726.080
201411 1,600.271 97.900 1,747.385
201502 1,607.589 97.600 1,760.771
201505 1,612.093 98.700 1,746.026
201508 1,619.500 98.400 1,759.396
201511 1,599.071 98.100 1,742.515
201602 1,601.311 97.800 1,750.308
201605 1,678.307 98.200 1,826.996
201608 1,687.458 97.900 1,842.587
201611 1,709.774 98.600 1,853.700
201702 1,717.244 98.100 1,871.288
201705 1,731.697 98.600 1,877.469
201708 1,744.863 98.500 1,893.663
201711 1,771.848 99.100 1,911.307
201802 1,783.831 99.500 1,916.498
201805 1,801.337 99.300 1,939.204
201808 1,818.425 99.800 1,947.792
201811 1,849.489 100.000 1,977.104
201902 1,867.106 99.700 2,001.942
201905 1,888.274 100.000 2,018.565
201908 1,905.331 100.000 2,036.799
201911 1,938.108 100.500 2,061.530
202002 1,953.578 100.300 2,082.128
202005 1,977.837 100.100 2,112.196
202008 1,995.238 100.100 2,130.779
202011 2,030.349 99.500 2,181.350
202102 2,049.461 99.800 2,195.264
202105 2,075.642 99.400 2,232.255
202108 2,099.144 99.700 2,250.737
202111 2,145.992 100.100 2,291.774
202202 2,179.922 100.700 2,314.138
202205 2,197.786 101.800 2,307.891
202208 2,240.682 102.700 2,332.317
202211 2,324.823 103.900 2,391.950
202302 2,351.438 104.000 2,417.007
202305 2,378.115 105.100 2,418.844
202308 2,412.886 105.900 2,435.671
202311 2,492.576 106.900 2,492.576
202402 2,513.829 106.900 2,513.829

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


Mimasu Semiconductor Industry Co  (TSE:8155) 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.

Mimasu Semiconductor Industry Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3690.00/2050.88
=1.80

* 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 Mimasu Semiconductor Industry Co was 1.82. The lowest was 0.71. And the median was 1.31.


Be Aware

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


Mimasu Semiconductor Industry Co Cyclically Adjusted Book per Share Related Terms

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


Mimasu Semiconductor Industry Co (TSE:8155) Business Description

Traded in Other Exchanges
N/A
Address
2174-1 Hododa-machi, Takasaki-shi, Gunma, JPN, 370-3533
Mimasu Semiconductor Industry Co Ltd is a Japan-based company, engages in the processing of semiconductor materials. The Semiconductor division includes processing and sales of semiconductor materials. The Industrial sales segment includes measuring instruments, testing machines, information equipment, automatic control equipment other precision equipment, in-house developed products, and related systems sales. The Engineering division is engaged in the provision of various automatic devices, such as processing equipment for semiconductor materials, robot systems, and others.

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