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SOLXYZ Co (TSE:4284) Cyclically Adjusted Book per Share : 円247.47 (As of Jun. 2024)


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What is SOLXYZ 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.

SOLXYZ Co's adjusted book value per share for the three months ended in Jun. 2024 was 円302.505. 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247.47 for the trailing ten years ended in Jun. 2024.

During the past 12 months, SOLXYZ Co's average Cyclically Adjusted Book Growth Rate was 10.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.90% 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 SOLXYZ Co was 11.60% per year. The lowest was 8.30% per year. And the median was 10.20% per year.

As of today (2024-08-26), SOLXYZ Co's current stock price is 円302.00. SOLXYZ Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was 円247.47. SOLXYZ Co's Cyclically Adjusted PB Ratio of today is 1.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SOLXYZ Co was 3.60. The lowest was 1.17. And the median was 2.16.


SOLXYZ Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for SOLXYZ 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.

SOLXYZ Co Cyclically Adjusted Book per Share Chart

SOLXYZ Co 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 159.53 169.92 188.08 213.28 236.34

SOLXYZ Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 224.43 231.04 236.34 241.20 247.47

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

For the Software - Application subindustry, SOLXYZ 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.


SOLXYZ Co's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, SOLXYZ Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SOLXYZ 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, SOLXYZ Co's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=302.505/108.2000*108.2000
=302.505

Current CPI (Jun. 2024) = 108.2000.

SOLXYZ Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 135.466 98.500 148.806
201412 141.021 97.900 155.858
201503 139.157 97.900 153.798
201506 145.428 98.400 159.912
201509 177.299 98.500 194.759
201512 164.270 98.100 181.183
201603 159.444 97.900 176.219
201606 163.365 98.100 180.184
201609 164.062 98.000 181.138
201612 171.773 98.400 188.880
201703 172.017 98.100 189.727
201706 187.878 98.500 206.380
201709 189.985 98.800 208.060
201712 193.410 99.400 210.533
201803 189.486 99.200 206.677
201806 259.063 99.200 282.567
201809 281.246 99.900 304.613
201812 237.966 99.700 258.254
201903 237.820 99.700 258.096
201906 233.650 99.800 253.316
201909 223.696 100.100 241.797
201912 242.385 100.500 260.956
202003 228.742 100.300 246.759
202006 248.315 99.900 268.946
202009 259.015 99.900 280.535
202012 253.641 99.300 276.374
202103 268.008 99.900 290.275
202106 278.496 99.500 302.847
202109 278.223 100.100 300.737
202112 278.856 100.100 301.421
202203 273.420 101.100 292.622
202206 279.239 101.800 296.794
202209 285.503 103.100 299.626
202212 288.366 104.100 299.723
202303 295.843 104.400 306.611
202306 302.323 105.200 310.944
202309 303.738 106.200 309.458
202312 305.552 106.800 309.557
202403 298.481 107.200 301.265
202406 302.505 108.200 302.505

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


SOLXYZ Co  (TSE:4284) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=302.00/247.47
=1.22

* 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 SOLXYZ Co was 3.60. The lowest was 1.17. And the median was 2.16.


Be Aware

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


SOLXYZ Co Cyclically Adjusted Book per Share Related Terms

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


SOLXYZ Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » SOLXYZ Co Ltd (TSE:4284) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
5-33-7 Shiba, Minato-ku, Tokushima Building, 9th Floor, Tokyo, JPN, 108-0014
SOLXYZ Co., Ltd., is engaged in developing computer application software for business use. The company provides services related to the use of computers, peripheral devices, software, and consulting services, Its products, and services list include Software as a service, Watching Support System, Crowdsourcing, Security Consulting Service, Software Development, and other related services.

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