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Seibu Holdings (FRA:0H9) Cyclically Adjusted Book per Share : €7.40 (As of Dec. 2023)


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What is Seibu Holdings 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.

Seibu Holdings's adjusted book value per share for the three months ended in Dec. 2023 was €8.946. 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 €7.40 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Seibu Holdings'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.

As of today (2024-06-10), Seibu Holdings's current stock price is €13.10. Seibu Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €7.40. Seibu Holdings's Cyclically Adjusted PB Ratio of today is 1.77.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Seibu Holdings was 2.13. The lowest was 0.94. And the median was 1.27.


Seibu Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Seibu Holdings'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.

Seibu Holdings Cyclically Adjusted Book per Share Chart

Seibu Holdings 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 - 7.76 7.87 7.58 -

Seibu Holdings 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 7.58 7.11 7.28 7.40 -

Competitive Comparison of Seibu Holdings's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Seibu Holdings'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.


Seibu Holdings's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

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

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



Seibu Holdings 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, Seibu Holdings'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)
=8.946/106.8000*106.8000
=8.946

Current CPI (Dec. 2023) = 106.8000.

Seibu Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 5.494 95.700 6.131
201406 5.714 98.000 6.227
201409 5.872 98.500 6.367
201412 0.000 97.900 0.000
201503 8.206 97.900 8.952
201506 7.896 98.400 8.570
201509 8.333 98.500 9.035
201512 8.292 98.100 9.027
201603 9.106 97.900 9.934
201606 8.922 98.100 9.713
201609 9.461 98.000 10.311
201612 9.328 98.400 10.124
201703 9.387 98.100 10.219
201706 9.273 98.500 10.054
201709 8.999 98.800 9.728
201712 0.000 99.400 0.000
201803 9.495 99.200 10.222
201806 9.802 99.200 10.553
201809 10.045 99.900 10.739
201812 10.044 99.700 10.759
201903 10.731 99.700 11.495
201906 10.291 99.800 11.013
201909 10.975 100.100 11.710
201912 10.786 100.500 11.462
202003 10.328 100.300 10.997
202006 9.485 99.900 10.140
202009 8.035 99.900 8.590
202012 7.718 99.300 8.301
202103 7.734 99.900 8.268
202106 6.860 99.500 7.363
202109 6.961 100.100 7.427
202112 6.957 100.100 7.423
202203 7.379 101.100 7.795
202206 6.957 101.800 7.299
202209 8.411 103.100 8.713
202212 8.479 104.100 8.699
202303 8.647 104.400 8.846
202306 8.262 105.200 8.388
202309 8.601 106.200 8.650
202312 8.946 106.800 8.946

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


Seibu Holdings  (FRA:0H9) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.10/7.4
=1.77

* 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 Seibu Holdings was 2.13. The lowest was 0.94. And the median was 1.27.


Be Aware

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


Seibu Holdings Cyclically Adjusted Book per Share Related Terms

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


Seibu Holdings (FRA:0H9) Business Description

Industry
Traded in Other Exchanges
Address
1-16-15 Minamiikebukuro, Toshima-ku, Tokorozawa, JPN, 171-0022
Seibu Holdings Inc is a holding company based in Japan. The company and its subsidiaries operate in urban transportation and regional, hotel and leisure, real estate, construction, Hawaii business and other businesses segments. The activities of these segments encompass railway and bus operations from Seibu Railway and Seibu bus, operations of resort hotels, golf courses, ski resorts and leisure facilities, leasing business, insurance agency, asset management, construction business, the operation of Hawaii Prince Hotel Waikiki, passenger rail services, bus, and taxi services.

Seibu Holdings (FRA:0H9) Headlines

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