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OBIC Business Consultants Co (FRA:OBI) Cyclically Adjusted Book per Share : €18.18 (As of Mar. 2024)


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What is OBIC Business Consultants 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.

OBIC Business Consultants Co's adjusted book value per share for the three months ended in Mar. 2024 was €12.163. 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 €18.18 for the trailing ten years ended in Mar. 2024.

During the past 12 months, OBIC Business Consultants Co's average Cyclically Adjusted Book Growth Rate was 7.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.50% 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 OBIC Business Consultants Co was 8.30% per year. The lowest was 6.00% per year. And the median was 7.25% per year.

As of today (2024-06-04), OBIC Business Consultants Co's current stock price is €81.00. OBIC Business Consultants Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €18.18. OBIC Business Consultants Co's Cyclically Adjusted PB Ratio of today is 4.46.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of OBIC Business Consultants Co was 5.82. The lowest was 2.67. And the median was 3.89.


OBIC Business Consultants Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for OBIC Business Consultants 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.

OBIC Business Consultants Co Cyclically Adjusted Book per Share Chart

OBIC Business Consultants 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 22.59 18.03 26.58 24.77 18.18

OBIC Business Consultants 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 24.77 23.97 20.77 20.30 18.18

Competitive Comparison of OBIC Business Consultants Co's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, OBIC Business Consultants 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.


OBIC Business Consultants Co's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, OBIC Business Consultants Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where OBIC Business Consultants Co's Cyclically Adjusted PB Ratio falls into.



OBIC Business Consultants 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, OBIC Business Consultants 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)
=12.163/107.2000*107.2000
=12.163

Current CPI (Mar. 2024) = 107.2000.

OBIC Business Consultants Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.166 98.000 8.933
201409 8.354 98.500 9.092
201412 8.049 97.900 8.814
201503 9.291 97.900 10.174
201506 8.716 98.400 9.495
201509 8.980 98.500 9.773
201512 9.266 98.100 10.126
201603 10.106 97.900 11.066
201606 10.686 98.100 11.677
201609 11.315 98.000 12.377
201612 10.719 98.400 11.678
201703 11.021 98.100 12.043
201706 10.698 98.500 11.643
201709 10.274 98.800 11.147
201712 10.172 99.400 10.970
201803 10.710 99.200 11.574
201806 11.102 99.200 11.997
201809 11.271 99.900 12.095
201812 11.622 99.700 12.496
201903 12.229 99.700 13.149
201906 12.657 99.800 13.595
201909 13.570 100.100 14.533
201912 13.255 100.500 14.139
202003 13.254 100.300 14.166
202006 13.065 99.900 14.020
202009 13.072 99.900 14.027
202012 12.996 99.300 14.030
202103 13.217 99.900 14.183
202106 14.096 99.500 15.187
202109 14.729 100.100 15.774
202112 14.759 100.100 15.806
202203 13.920 101.100 14.760
202206 12.806 101.800 13.485
202209 12.906 103.100 13.419
202212 12.752 104.100 13.132
202303 12.994 104.400 13.342
202306 12.217 105.200 12.449
202309 12.132 106.200 12.246
202312 12.277 106.800 12.323
202403 12.163 107.200 12.163

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


OBIC Business Consultants Co  (FRA:OBI) 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.

OBIC Business Consultants Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=81.00/18.18
=4.46

* 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 OBIC Business Consultants Co was 5.82. The lowest was 2.67. And the median was 3.89.


Be Aware

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


OBIC Business Consultants Co Cyclically Adjusted Book per Share Related Terms

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


OBIC Business Consultants Co (FRA:OBI) Business Description

Traded in Other Exchanges
Address
8-1 Nishi-Shinjuku 6-Chome, Shinjuku-Ku, Tokyo, JPN, 1630480
OBIC Business Consultants Co., Ltd. Is engaged in providing services such as maintenance and introduction guidance for development and sales of products of business solution technology, and IT solution technology. The company focuses on medium-sized enterprises and, medium and small-sized companies.

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