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Taisei Oncho Co (Taisei Oncho Co) Cyclically Adjusted Book per Share : $14.43 (As of Dec. 2023)


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What is Taisei Oncho 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.

Taisei Oncho Co's adjusted book value per share for the three months ended in Dec. 2023 was $31.964. 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 $14.43 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Taisei Oncho 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 Taisei Oncho Co was 4.40% per year. The lowest was 2.60% per year. And the median was 3.00% per year.

As of today (2024-05-27), Taisei Oncho Co's current stock price is $17.90. Taisei Oncho Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $14.43. Taisei Oncho Co's Cyclically Adjusted PB Ratio of today is 1.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Taisei Oncho Co was 1.61. The lowest was 0.50. And the median was 0.61.


Taisei Oncho Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Taisei Oncho 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.

Taisei Oncho Co Cyclically Adjusted Book per Share Chart

Taisei Oncho 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 32.42 27.76 30.63 32.15 -

Taisei Oncho 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 32.15 29.26 27.59 14.43 -

Competitive Comparison of Taisei Oncho Co's Cyclically Adjusted Book per Share

For the Building Products & Equipment subindustry, Taisei Oncho 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.


Taisei Oncho Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Taisei Oncho Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Taisei Oncho 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, Taisei Oncho 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)
=31.964/106.8000*106.8000
=31.964

Current CPI (Dec. 2023) = 106.8000.

Taisei Oncho Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 27.594 95.700 30.795
201406 26.586 98.000 28.973
201409 24.611 98.500 26.685
201412 22.555 97.900 24.605
201503 23.512 97.900 25.649
201506 22.843 98.400 24.793
201509 23.847 98.500 25.856
201512 23.922 98.100 26.044
201603 26.369 97.900 28.766
201606 27.623 98.100 30.073
201609 28.435 98.000 30.988
201612 26.136 98.400 28.367
201703 28.909 98.100 31.473
201706 29.220 98.500 31.682
201709 29.945 98.800 32.370
201712 30.164 99.400 32.410
201803 32.984 99.200 35.511
201806 31.089 99.200 33.471
201809 29.226 99.900 31.245
201812 29.401 99.700 31.495
201903 31.612 99.700 33.863
201906 32.876 99.800 35.182
201909 33.797 100.100 36.059
201912 33.755 100.500 35.871
202003 33.365 100.300 35.527
202006 32.888 99.900 35.160
202009 33.692 99.900 36.019
202012 34.408 99.300 37.007
202103 33.773 99.900 36.106
202106 32.577 99.500 34.967
202109 33.364 100.100 35.597
202112 32.579 100.100 34.760
202203 32.884 101.100 34.738
202206 29.548 101.800 30.999
202209 28.917 103.100 29.955
202212 31.386 104.100 32.200
202303 32.257 104.400 32.999
202306 30.204 105.200 30.663
202309 30.144 106.200 30.314
202312 31.964 106.800 31.964

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


Taisei Oncho Co  (OTCPK:TSOCF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.90/14.43
=1.24

* 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 Taisei Oncho Co was 1.61. The lowest was 0.50. And the median was 0.61.


Be Aware

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


Taisei Oncho Co Cyclically Adjusted Book per Share Related Terms

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


Taisei Oncho Co (Taisei Oncho Co) Business Description

Industry
Traded in Other Exchanges
Address
1-47-1 Oi, Shinagawa-ku, Tokyo, JPN, 140 8515
Taisei Oncho Co., Ltd. is engaged in designing and installation of air-conditioning & plumbing works. It offers its services to high-rise buildings, hospitals, hotels, shopping centers, general-purpose buildings & also offers related refurbishment & maintenance services. It also provides maintenance contract and after-sales services.

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