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Alps Alpine Co (Alps Alpine Co) Cyclically Adjusted Book per Share : $21.97 (As of Dec. 2023)


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What is Alps Alpine 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.

Alps Alpine Co's adjusted book value per share for the three months ended in Dec. 2023 was $25.808. 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 $21.97 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Alps Alpine Co's average Cyclically Adjusted Book Growth Rate was -100.00% 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 Alps Alpine Co was 10.80% per year. The lowest was 7.00% per year. And the median was 9.00% per year.

As of today (2024-06-09), Alps Alpine Co's current stock price is $18.5357. Alps Alpine Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $21.97. Alps Alpine Co's Cyclically Adjusted PB Ratio of today is 0.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Alps Alpine Co was 4.31. The lowest was 0.64. And the median was 1.50.


Alps Alpine Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Alps Alpine 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.

Alps Alpine Co Cyclically Adjusted Book per Share Chart

Alps Alpine 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 19.53 21.91 21.27 22.29 -

Alps Alpine 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 22.29 21.06 21.39 21.97 -

Competitive Comparison of Alps Alpine Co's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Alps Alpine 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.


Alps Alpine Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Alps Alpine 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, Alps Alpine Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=25.808/106.8000*106.8000
=25.808

Current CPI (Dec. 2023) = 106.8000.

Alps Alpine Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 14.990 95.700 16.729
201406 14.702 98.000 16.022
201409 15.787 98.500 17.117
201412 16.417 97.900 17.909
201503 16.647 97.900 18.160
201506 17.289 98.400 18.765
201509 19.680 98.500 21.338
201512 19.910 98.100 21.676
201603 20.673 97.900 22.552
201606 21.119 98.100 22.992
201609 22.149 98.000 24.138
201612 21.897 98.400 23.766
201703 23.032 98.100 25.075
201706 23.893 98.500 25.906
201709 25.918 98.800 28.017
201712 27.252 99.400 29.281
201803 29.026 99.200 31.250
201806 27.854 99.200 29.988
201809 28.725 99.900 30.709
201812 28.727 99.700 30.773
201903 31.186 99.700 33.407
201906 30.756 99.800 32.913
201909 30.948 100.100 33.019
201912 30.526 100.500 32.440
202003 29.506 100.300 31.418
202006 28.659 99.900 30.638
202009 29.671 99.900 31.720
202012 30.809 99.300 33.136
202103 30.659 99.900 32.777
202106 29.994 99.500 32.195
202109 30.648 100.100 32.699
202112 31.616 100.100 33.732
202203 31.714 101.100 33.502
202206 29.276 101.800 30.714
202209 28.341 103.100 29.358
202212 29.070 104.100 29.824
202303 28.998 104.400 29.665
202306 28.015 105.200 28.441
202309 27.825 106.200 27.982
202312 25.808 106.800 25.808

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


Alps Alpine Co  (OTCPK:APELY) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18.5357/21.97
=0.84

* 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 Alps Alpine Co was 4.31. The lowest was 0.64. And the median was 1.50.


Be Aware

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


Alps Alpine Co Cyclically Adjusted Book per Share Related Terms

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


Alps Alpine Co (Alps Alpine Co) Business Description

Industry
Traded in Other Exchanges
Address
1-7, Yukigaya-otsukamachi, Ota-ku, Tokyo, JPN, 145-8501
Alps Alpine Co Ltd operates in two major business segments: electronic components, automotive infotainment, lodistics and others.. The electronic components segment develops, manufactures, and sells a broad range of electronic components in both consumer and automotive markets. The automotive infotainment segment develops, produces, and markets audio, information, and communication equipment. The company generates the majority of revenue from the electronic components segment and the automotive infotainment segment. It has a business presence worldwide, with the United States, Japan, China, and Germany its four largest markets.

Alps Alpine Co (Alps Alpine Co) Headlines