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Funai Soken Holdings (TSE:9757) Cyclically Adjusted Book per Share : 円474.58 (As of Mar. 2024)


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What is Funai Soken Holdings 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.

Funai Soken Holdings's adjusted book value per share for the three months ended in Mar. 2024 was 円505.134. 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474.58 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Funai Soken Holdings's average Cyclically Adjusted Book Growth Rate was 7.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.10% 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 Funai Soken Holdings was 8.10% per year. The lowest was 5.10% per year. And the median was 6.55% per year.

As of today (2024-05-24), Funai Soken Holdings's current stock price is 円2202.00. Funai Soken Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円474.58. Funai Soken Holdings's Cyclically Adjusted PB Ratio of today is 4.64.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Funai Soken Holdings was 9.12. The lowest was 4.85. And the median was 6.40.


Funai Soken Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Funai Soken Holdings'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.

Funai Soken Holdings Cyclically Adjusted Book per Share Chart

Funai Soken Holdings 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 354.86 370.76 395.70 436.10 468.91

Funai Soken Holdings 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 443.28 452.45 461.60 468.91 474.58

Competitive Comparison of Funai Soken Holdings's Cyclically Adjusted Book per Share

For the Consulting Services subindustry, Funai Soken Holdings'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.


Funai Soken Holdings's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Funai Soken Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Funai Soken Holdings's Cyclically Adjusted PB Ratio falls into.



Funai Soken Holdings 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, Funai Soken Holdings'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)
=505.134/107.2000*107.2000
=505.134

Current CPI (Mar. 2024) = 107.2000.

Funai Soken Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 321.990 98.000 352.218
201409 320.785 98.500 349.118
201412 326.930 97.900 357.987
201503 328.151 97.900 359.324
201506 344.659 98.400 375.482
201509 347.651 98.500 378.357
201512 358.217 98.100 391.446
201603 358.977 97.900 393.078
201606 372.926 98.100 407.520
201609 369.711 98.000 404.419
201612 382.033 98.400 416.199
201703 388.871 98.100 424.944
201706 409.357 98.500 445.513
201709 412.426 98.800 447.491
201712 426.598 99.400 460.073
201803 423.504 99.200 457.658
201806 442.038 99.200 477.686
201809 439.228 99.900 471.324
201812 443.536 99.700 476.901
201903 444.155 99.700 477.567
201906 464.499 99.800 498.941
201909 465.109 100.100 498.099
201912 465.359 100.500 496.383
202003 462.535 100.300 494.354
202006 477.417 99.900 512.303
202009 473.174 99.900 507.750
202012 478.668 99.300 516.749
202103 473.743 99.900 508.361
202106 495.942 99.500 534.321
202109 494.106 100.100 529.152
202112 520.683 100.100 557.615
202203 523.383 101.100 554.962
202206 546.909 101.800 575.920
202209 544.213 103.100 565.855
202212 561.463 104.100 578.183
202303 554.476 104.400 569.347
202306 566.297 105.200 577.063
202309 533.138 106.200 538.158
202312 538.055 106.800 540.070
202403 505.134 107.200 505.134

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


Funai Soken Holdings  (TSE:9757) 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.

Funai Soken Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2202.00/474.58
=4.64

* 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 Funai Soken Holdings was 9.12. The lowest was 4.85. And the median was 6.40.


Be Aware

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


Funai Soken Holdings Cyclically Adjusted Book per Share Related Terms

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


Funai Soken Holdings (TSE:9757) Business Description

Traded in Other Exchanges
N/A
Address
4-4-10 Kitahama, Chuo-ku, Osaka, JPN, 541-0041
Funai Soken Holdings Inc provides management, marketing strategy and organizational reform to industries including education, building, retail, automotive, amusement, and service.

Funai Soken Holdings (TSE:9757) Headlines

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