GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Pronexus Inc (TSE:7893) » Definitions » Cyclically Adjusted Book per Share

Pronexus (TSE:7893) Cyclically Adjusted Book per Share : 円940.10 (As of Sep. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Pronexus 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.

Pronexus's adjusted book value per share for the three months ended in Sep. 2024 was 円1,091.729. 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940.10 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Pronexus's average Cyclically Adjusted Book Growth Rate was 5.50% 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 4.60% 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 Pronexus was 5.70% per year. The lowest was 3.20% per year. And the median was 4.15% per year.

As of today (2025-03-03), Pronexus's current stock price is 円1256.00. Pronexus's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円940.10. Pronexus's Cyclically Adjusted PB Ratio of today is 1.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Pronexus was 2.01. The lowest was 1.10. And the median was 1.38.


Pronexus Cyclically Adjusted Book per Share Historical Data

The historical data trend for Pronexus'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.

Pronexus Cyclically Adjusted Book per Share Chart

Pronexus 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 751.18 773.51 810.89 862.15 912.59

Pronexus Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 902.90 912.59 - 940.10 -

Competitive Comparison of Pronexus's Cyclically Adjusted Book per Share

For the Specialty Business Services subindustry, Pronexus'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.


Pronexus's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

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

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



Pronexus 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, Pronexus'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)
=1091.729/108.9000*108.9000
=1,091.729

Current CPI (Sep. 2024) = 108.9000.

Pronexus Quarterly Data

Book Value per Share CPI Adj_Book
201412 638.771 97.900 710.543
201503 693.306 97.900 771.206
201506 823.472 98.400 911.342
201509 822.994 98.500 909.889
201512 821.561 98.100 912.008
201603 716.791 97.900 797.329
201606 760.796 98.100 844.553
201609 756.761 98.000 840.931
201612 754.122 98.400 834.592
201703 747.862 98.100 830.195
201706 794.170 98.500 878.021
201709 799.673 98.800 881.421
201712 801.572 99.400 878.181
201803 781.529 99.200 857.949
201806 914.164 99.200 1,003.553
201809 907.529 99.900 989.288
201812 886.483 99.700 968.285
201903 802.897 99.700 876.986
201906 849.033 99.800 926.450
201909 852.160 100.100 927.075
201912 838.755 100.500 908.860
202003 834.002 100.300 905.512
202006 889.313 99.900 969.431
202009 897.549 99.900 978.409
202012 886.127 99.300 971.795
202103 877.745 99.900 956.821
202106 953.730 99.500 1,043.831
202109 950.438 100.100 1,033.993
202112 936.009 100.100 1,018.296
202203 918.130 101.100 988.965
202206 970.163 101.800 1,037.827
202209 963.822 103.100 1,018.043
202212 947.081 104.100 990.750
202303 956.342 104.400 997.564
202306 1,055.263 105.200 1,092.378
202309 1,031.202 106.200 1,057.419
202312 1,015.440 106.800 1,035.407
202403 1,001.023 107.200 1,016.897
202406 0.000 108.200 0.000
202409 1,091.729 108.900 1,091.729

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


Pronexus  (TSE:7893) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1256.00/940.10
=1.34

* 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 Pronexus was 2.01. The lowest was 1.10. And the median was 1.38.


Be Aware

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


Pronexus Cyclically Adjusted Book per Share Related Terms

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


Pronexus Business Description

Industry
Traded in Other Exchanges
N/A
Address
25-7 Toranomon 1-Chome, Minato-ku, Tokyo, JPN, 105-0001
Pronexus Inc provides information processing service/character processing, translation services of financial documents, business process outsourcing services, and web planning.

Pronexus Headlines

No Headlines