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Screen Holdings Co (TSE:7735) Cyclically Adjusted Book per Share : 円2,121.93 (As of Mar. 2024)


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What is Screen Holdings 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.

Screen Holdings Co's adjusted book value per share for the three months ended in Mar. 2024 was 円3,831.085. 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2,121.93 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Screen Holdings Co's average Cyclically Adjusted Book Growth Rate was 16.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.60% 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 Screen Holdings Co was 14.90% per year. The lowest was 9.00% per year. And the median was 11.35% per year.

As of today (2024-06-08), Screen Holdings Co's current stock price is 円14865.00. Screen Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円2,121.93. Screen Holdings Co's Cyclically Adjusted PB Ratio of today is 7.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Screen Holdings Co was 9.73. The lowest was 1.29. And the median was 3.20.


Screen Holdings Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Screen Holdings 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.

Screen Holdings Co Cyclically Adjusted Book per Share Chart

Screen Holdings 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 1,282.28 1,399.55 1,564.67 1,827.07 2,121.93

Screen Holdings 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 1,827.07 1,896.00 1,973.06 2,044.00 2,121.93

Competitive Comparison of Screen Holdings Co's Cyclically Adjusted Book per Share

For the Semiconductor Equipment & Materials subindustry, Screen Holdings 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.


Screen Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



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

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3831.085/107.2000*107.2000
=3,831.085

Current CPI (Mar. 2024) = 107.2000.

Screen Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 935.194 98.000 1,022.988
201409 1,004.775 98.500 1,093.522
201412 1,081.929 97.900 1,184.707
201503 1,167.804 97.900 1,278.739
201506 1,213.562 98.400 1,322.092
201509 1,218.935 98.500 1,326.597
201512 1,260.122 98.100 1,377.014
201603 1,266.694 97.900 1,387.023
201606 1,231.175 98.100 1,345.382
201609 1,306.627 98.000 1,429.290
201612 1,446.425 98.400 1,575.780
201703 1,520.350 98.100 1,661.381
201706 1,560.456 98.500 1,698.283
201709 1,635.790 98.800 1,774.865
201712 1,699.520 99.400 1,832.883
201803 1,830.939 99.200 1,978.595
201806 1,802.923 99.200 1,948.320
201809 1,880.893 99.900 2,018.336
201812 1,811.154 99.700 1,947.399
201903 1,919.400 99.700 2,063.788
201906 1,821.487 99.800 1,956.547
201909 1,870.374 100.100 2,003.038
201912 1,941.709 100.500 2,071.156
202003 1,863.526 100.300 1,991.725
202006 1,912.787 99.900 2,052.560
202009 1,979.447 99.900 2,124.091
202012 2,092.452 99.300 2,258.921
202103 2,237.562 99.900 2,401.068
202106 2,247.731 99.500 2,421.676
202109 2,390.320 100.100 2,559.863
202112 2,546.536 100.100 2,727.159
202203 2,659.139 101.100 2,819.582
202206 2,799.990 101.800 2,948.516
202209 2,947.120 103.100 3,064.319
202212 3,044.934 104.100 3,135.609
202303 3,162.697 104.400 3,247.520
202306 3,143.414 105.200 3,203.175
202309 3,324.910 106.200 3,356.218
202312 3,423.688 106.800 3,436.511
202403 3,831.085 107.200 3,831.085

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


Screen Holdings Co  (TSE:7735) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14865.00/2121.93
=7.01

* 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 Screen Holdings Co was 9.73. The lowest was 1.29. And the median was 3.20.


Be Aware

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


Screen Holdings Co Cyclically Adjusted Book per Share Related Terms

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


Screen Holdings Co (TSE:7735) Business Description

Industry
Traded in Other Exchanges
Address
Tenjinkita-machi 1-1, Teranouchi-agaru, 4-chome, Horikawa-dori, Kamigyo-ku, Kyoto, JPN, 602-8585
Screen Holdings Co Ltd operates in the Japanese semiconductor industry. The majority of its revenue is derived from the sale of semiconductor manufacturing equipment, which is part of its Semiconductor Equipment segment. Its other segments include Graphics and Precision Solutions, Fine Tech Solutions and Others. The Graphics segment is concerned with the sale of printing and printed circuit board related machinery. The Fine Tech Solutions (FT) segment provides flat panel display (FPD) manufacturing equipment and the Others segment is involved in the development and sale of software products. The company caters to the global market, with emphasis on the Asia and Oceania region.

Screen Holdings Co (TSE:7735) Headlines

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