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Sekisui Chemical Co (FRA:SUI) Cyclically Adjusted Book per Share : €8.34 (As of Mar. 2024)


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What is Sekisui Chemical 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.

Sekisui Chemical Co's adjusted book value per share for the three months ended in Mar. 2024 was €11.546. 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 €8.34 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sekisui Chemical Co's average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.20% 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 Sekisui Chemical Co was 9.10% per year. The lowest was 6.80% per year. And the median was 7.85% per year.

As of today (2024-06-09), Sekisui Chemical Co's current stock price is €12.90. Sekisui Chemical Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €8.34. Sekisui Chemical Co's Cyclically Adjusted PB Ratio of today is 1.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sekisui Chemical Co was 2.74. The lowest was 1.23. And the median was 1.69.


Sekisui Chemical Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sekisui Chemical 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.

Sekisui Chemical Co Cyclically Adjusted Book per Share Chart

Sekisui Chemical 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 8.31 8.06 8.69 8.63 8.34

Sekisui Chemical 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 8.63 8.11 8.31 8.64 8.34

Competitive Comparison of Sekisui Chemical Co's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Sekisui Chemical 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.


Sekisui Chemical Co's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

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

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



Sekisui Chemical 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, Sekisui Chemical 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)
=11.546/107.2000*107.2000
=11.546

Current CPI (Mar. 2024) = 107.2000.

Sekisui Chemical Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.531 98.000 7.144
201409 6.879 98.500 7.487
201412 6.861 97.900 7.513
201503 7.938 97.900 8.692
201506 7.637 98.400 8.320
201509 7.730 98.500 8.413
201512 8.118 98.100 8.871
201603 8.527 97.900 9.337
201606 8.502 98.100 9.291
201609 9.084 98.000 9.937
201612 8.922 98.400 9.720
201703 9.512 98.100 10.394
201706 9.308 98.500 10.130
201709 9.242 98.800 10.028
201712 9.245 99.400 9.970
201803 9.533 99.200 10.302
201806 9.554 99.200 10.324
201809 9.789 99.900 10.504
201812 9.761 99.700 10.495
201903 10.416 99.700 11.200
201906 10.403 99.800 11.174
201909 11.258 100.100 12.057
201912 11.220 100.500 11.968
202003 11.212 100.300 11.983
202006 10.989 99.900 11.792
202009 10.903 99.900 11.700
202012 10.836 99.300 11.698
202103 11.483 99.900 12.322
202106 11.102 99.500 11.961
202109 10.889 100.100 11.661
202112 11.194 100.100 11.988
202203 11.633 101.100 12.335
202206 10.978 101.800 11.560
202209 11.407 103.100 11.861
202212 11.096 104.100 11.426
202303 11.478 104.400 11.786
202306 11.054 105.200 11.264
202309 11.093 106.200 11.197
202312 11.101 106.800 11.143
202403 11.546 107.200 11.546

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


Sekisui Chemical Co  (FRA:SUI) 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.

Sekisui Chemical Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.90/8.34
=1.55

* 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 Sekisui Chemical Co was 2.74. The lowest was 1.23. And the median was 1.69.


Be Aware

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


Sekisui Chemical Co Cyclically Adjusted Book per Share Related Terms

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


Sekisui Chemical Co (FRA:SUI) Business Description

Industry
Traded in Other Exchanges
Address
4-4, Nishitenma 2-Chome, Kita-ku, Osaka, JPN, 530-8565
Sekisui Chemical Co., Ltd. is a Japanese diversified holding company that owns a high-performance-plastics company, a residential construction company, and an urban infrastructure company. The plastics part of the business focuses on the production of materials for electronics, transportation, and buildings. The residential construction segment builds single-family and multiunit housing in Japan. The company's unit construction method allows prebuilt modular components to be assembled at various plants, which reduces construction time on-site. Sekisui's urban infrastructure products and industrial piping are used in mass transit and buildings. High-performance plastics and residential construction account for the majority of the company's revenue.

Sekisui Chemical Co (FRA:SUI) Headlines