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Suzuken Co (TSE:9987) Cyclically Adjusted Book per Share : 円4,635.09 (As of Dec. 2023)


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What is Suzuken 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.

Suzuken Co's adjusted book value per share for the three months ended in Dec. 2023 was 円5,236.476. 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4,635.09 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Suzuken 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 Suzuken Co was 5.60% per year. The lowest was 4.40% per year. And the median was 4.70% per year.

As of today (2024-05-26), Suzuken Co's current stock price is 円4640.00. Suzuken Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円4,635.09. Suzuken Co's Cyclically Adjusted PB Ratio of today is 1.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Suzuken Co was 1.92. The lowest was 0.73. And the median was 1.03.


Suzuken Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Suzuken 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.

Suzuken Co Cyclically Adjusted Book per Share Chart

Suzuken 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 3,743.72 3,895.73 4,113.61 4,413.27 -

Suzuken 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 4,413.27 4,486.04 4,569.50 4,635.09 -

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

For the Medical Distribution subindustry, Suzuken 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.


Suzuken Co's Cyclically Adjusted PB Ratio Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Suzuken Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Suzuken 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, Suzuken 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)
=5236.476/106.8000*106.8000
=5,236.476

Current CPI (Dec. 2023) = 106.8000.

Suzuken Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 3,283.039 95.700 3,663.830
201406 3,296.584 98.000 3,592.604
201409 3,400.298 98.500 3,686.821
201412 3,489.610 97.900 3,806.847
201503 4,075.621 97.900 4,446.132
201506 3,706.349 98.400 4,022.745
201509 3,723.800 98.500 4,037.582
201512 3,915.749 98.100 4,263.017
201603 3,969.060 97.900 4,329.884
201606 3,946.838 98.100 4,296.863
201609 3,973.025 98.000 4,329.786
201612 3,965.510 98.400 4,304.029
201703 4,097.839 98.100 4,461.256
201706 4,141.883 98.500 4,490.894
201709 4,183.112 98.800 4,521.826
201712 4,235.736 99.400 4,551.072
201803 4,284.788 99.200 4,613.058
201806 4,280.247 99.200 4,608.169
201809 4,481.048 99.900 4,790.550
201812 4,350.105 99.700 4,659.892
201903 4,390.965 99.700 4,703.662
201906 4,346.285 99.800 4,651.135
201909 4,456.428 100.100 4,754.710
201912 4,601.657 100.500 4,890.119
202003 4,618.306 100.300 4,917.598
202006 4,625.079 99.900 4,944.529
202009 4,695.525 99.900 5,019.841
202012 4,631.550 99.300 4,981.365
202103 4,675.198 99.900 4,998.110
202106 4,701.959 99.500 5,046.927
202109 4,791.738 100.100 5,112.464
202112 4,762.474 100.100 5,081.241
202203 4,749.573 101.100 5,017.353
202206 4,763.753 101.800 4,997.729
202209 4,875.372 103.100 5,050.337
202212 4,985.036 104.100 5,114.331
202303 4,970.368 104.400 5,084.629
202306 5,049.370 105.200 5,126.167
202309 5,168.744 106.200 5,197.946
202312 5,236.476 106.800 5,236.476

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


Suzuken Co  (TSE:9987) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4640.00/4635.09
=1.00

* 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 Suzuken Co was 1.92. The lowest was 0.73. And the median was 1.03.


Be Aware

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


Suzuken Co Cyclically Adjusted Book per Share Related Terms

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


Suzuken Co (TSE:9987) Business Description

Industry
Traded in Other Exchanges
N/A
Address
8 Higashi Kataha-machi, Higashi-ku, Nagoya, JPN, 461-8701
Suzuken Co Ltd is a Japanese drug manufacturer. It functions through four segments: Pharmaceutical Wholesale, which sells pharmaceuticals, diagnostic drugs, and medical equipment and materials; The Pharmaceutical Manufacturing, which produces pharmaceuticals and diagnostic drugs; The Insurance Pharmacy dispenses operations based on prescriptions from medical institutions and the Medical-related Service and Others segment which sells medical books, provides nursing services and manufactures physiological examination equipment.

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