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Raiznext (TSE:6379) Cyclically Adjusted Book per Share : 円1,218.78 (As of Sep. 2024)


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What is Raiznext 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.

Raiznext's adjusted book value per share for the three months ended in Sep. 2024 was 円1,505.528. 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1,218.78 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Raiznext's average Cyclically Adjusted Book Growth Rate was 8.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.40% 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 Raiznext was 10.20% per year. The lowest was 7.50% per year. And the median was 9.10% per year.

As of today (2024-12-12), Raiznext's current stock price is 円1583.00. Raiznext's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円1,218.78. Raiznext's Cyclically Adjusted PB Ratio of today is 1.30.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Raiznext was 2.08. The lowest was 1.10. And the median was 1.41.


Raiznext Cyclically Adjusted Book per Share Historical Data

The historical data trend for Raiznext'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.

Raiznext Cyclically Adjusted Book per Share Chart

Raiznext 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 809.68 874.70 960.01 1,067.33 1,170.59

Raiznext 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 1,122.61 1,146.88 1,170.59 - 1,218.78

Competitive Comparison of Raiznext's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Raiznext'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.


Raiznext's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



Raiznext 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, Raiznext'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)
=1505.528/108.9000*108.9000
=1,505.528

Current CPI (Sep. 2024) = 108.9000.

Raiznext Quarterly Data

Book Value per Share CPI Adj_Book
201412 729.339 97.900 811.287
201503 755.746 97.900 840.661
201506 731.469 98.400 809.522
201509 760.217 98.500 840.484
201512 781.419 98.100 867.447
201603 793.242 97.900 882.370
201606 772.338 98.100 857.366
201609 817.374 98.000 908.286
201612 859.362 98.400 951.062
201703 887.993 98.100 985.754
201706 857.635 98.500 948.187
201709 910.762 98.800 1,003.866
201712 931.303 99.400 1,020.311
201803 956.990 99.200 1,050.567
201806 934.061 99.200 1,025.396
201809 979.803 99.900 1,068.074
201812 993.395 99.700 1,085.062
201903 1,019.390 99.700 1,113.456
201906 985.328 99.800 1,075.173
201909 1,174.081 100.100 1,277.297
201912 1,217.604 100.500 1,319.374
202003 1,233.480 100.300 1,339.242
202006 1,203.249 99.900 1,311.650
202009 1,245.288 99.900 1,357.476
202012 1,280.818 99.300 1,404.643
202103 1,344.918 99.900 1,466.082
202106 1,302.956 99.500 1,426.049
202109 1,380.216 100.100 1,501.554
202112 1,393.028 100.100 1,515.492
202203 1,450.337 101.100 1,562.232
202206 1,414.836 101.800 1,513.513
202209 1,461.839 103.100 1,544.076
202212 1,489.051 104.100 1,557.710
202303 1,524.517 104.400 1,590.229
202306 1,467.862 105.200 1,519.488
202309 1,512.890 106.200 1,551.353
202312 1,507.897 106.800 1,537.547
202403 1,562.844 107.200 1,587.628
202406 0.000 108.200 0.000
202409 1,505.528 108.900 1,505.528

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


Raiznext  (TSE:6379) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1583.00/1218.78
=1.30

* 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 Raiznext was 2.08. The lowest was 1.10. And the median was 1.41.


Be Aware

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


Raiznext Cyclically Adjusted Book per Share Related Terms

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


Raiznext Business Description

Industry
Traded in Other Exchanges
N/A
Address
27-5 Shin-lsogocho, Isogo-ku, Kanagawa, Yokohama-shi, JPN, 2350017
Raiznext Corp is a Japan-based company engaged in plant maintenance and engineering services. The company offers services in the fields of oil refining, petrochemicals, general chemicals, pharmaceuticals, food, electric power, and steel. It is involved in the fabrication, procurement, sale, repair, and lease of facilities and equipment. Additionally, it also designs, supervises and executes work such as facility and equipment installation, civil and construction, electrical instrumentation, and piping.

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