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MIZUF (Mizuno) Cyclically Adjusted Book per Share : $21.38 (As of Sep. 2024)


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What is Mizuno 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.

Mizuno's adjusted book value per share for the three months ended in Sep. 2024 was $41.457. 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 $21.38 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Mizuno's average Cyclically Adjusted Book Growth Rate was 6.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.20% 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 Mizuno was 5.70% per year. The lowest was 1.90% per year. And the median was 3.40% per year.

As of today (2025-01-27), Mizuno's current stock price is $44.34. Mizuno's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $21.38. Mizuno's Cyclically Adjusted PB Ratio of today is 2.07.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mizuno was 2.10. The lowest was 0.42. And the median was 0.75.


Mizuno Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mizuno'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.

Mizuno Cyclically Adjusted Book per Share Chart

Mizuno 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 43.41 29.43 34.76 36.17 19.33

Mizuno Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 27.23 31.01 19.33 - 21.38

Competitive Comparison of Mizuno's Cyclically Adjusted Book per Share

For the Specialty Retail subindustry, Mizuno'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.


Mizuno's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mizuno's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mizuno 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, Mizuno's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=41.457/108.9000*108.9000
=41.457

Current CPI (Sep. 2024) = 108.9000.

Mizuno Quarterly Data

Book Value per Share CPI Adj_Book
201412 29.772 97.900 33.117
201503 30.545 97.900 33.977
201506 29.708 98.400 32.878
201509 30.381 98.500 33.589
201512 29.882 98.100 33.172
201603 31.150 97.900 34.650
201606 32.086 98.100 35.618
201609 32.727 98.000 36.367
201612 29.233 98.400 32.352
201703 30.904 98.100 34.306
201706 31.374 98.500 34.687
201709 31.993 98.800 35.264
201712 31.580 99.400 34.598
201803 34.219 99.200 37.565
201806 32.890 99.200 36.106
201809 33.133 99.900 36.118
201812 33.003 99.700 36.048
201903 34.051 99.700 37.193
201906 35.131 99.800 38.334
201909 35.826 100.100 38.976
201912 35.335 100.500 38.288
202003 36.066 100.300 39.158
202006 35.335 99.900 38.518
202009 36.466 99.900 39.751
202012 37.547 99.300 41.177
202103 37.374 99.900 40.741
202106 37.983 99.500 41.571
202109 38.536 100.100 41.924
202112 37.678 100.100 40.990
202203 36.955 101.100 39.806
202206 34.109 101.800 36.488
202209 33.502 103.100 35.387
202212 35.694 104.100 37.340
202303 36.213 104.400 37.774
202306 35.750 105.200 37.007
202309 35.889 106.200 36.801
202312 37.584 106.800 38.323
202403 36.923 107.200 37.509
202406 0.000 108.200 0.000
202409 41.457 108.900 41.457

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


Mizuno  (OTCPK:MIZUF) 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.

Mizuno's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=44.34/21.38
=2.07

* 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 Mizuno was 2.10. The lowest was 0.42. And the median was 0.75.


Be Aware

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


Mizuno Cyclically Adjusted Book per Share Related Terms

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


Mizuno Business Description

Industry
Traded in Other Exchanges
Address
1-12-35 Nanko-Kita Suminoe-ku, Osaka-shi, JPN, 559-8510
Mizuno Corporation is a Japan-based company principally engaged in the manufacture and sale of sporting goods under the brand MIZUNO worldwide. The company's product mix consists of sports equipment, sports shoes, sportswear, and other products and services. Footwear and apparel jointly account for more than half of the company's total revenue. The company's products are produced in the company's own factories or commissioned factories. The company has business presence in Japan, the Americas, EMEA, Asia and Oceania, with Japan contributing over half of the company's total revenue.

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