GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Mitsui & Co Ltd (OTCPK:MITSF) » Definitions » Cyclically Adjusted Book per Share

Mitsui (Mitsui) Cyclically Adjusted Book per Share : $19.06 (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Mitsui 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.

Mitsui's adjusted book value per share for the three months ended in Mar. 2024 was $33.619. 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 $19.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mitsui's average Cyclically Adjusted Book Growth Rate was 12.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.90% 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 Mitsui was 15.70% per year. The lowest was 2.30% per year. And the median was 7.50% per year.

As of today (2024-06-06), Mitsui's current stock price is $49.00. Mitsui's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $19.06. Mitsui's Cyclically Adjusted PB Ratio of today is 2.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mitsui was 2.78. The lowest was 0.71. And the median was 1.10.


Mitsui Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mitsui'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.

Mitsui Cyclically Adjusted Book per Share Chart

Mitsui 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 18.31 19.09 19.63 19.61 19.06

Mitsui 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 19.61 18.79 18.45 20.89 19.06

Competitive Comparison of Mitsui's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Mitsui'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.


Mitsui's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

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

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



Mitsui 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, Mitsui'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)
=33.619/107.2000*107.2000
=33.619

Current CPI (Mar. 2024) = 107.2000.

Mitsui Quarterly Data

Book Value per Share CPI Adj_Book
201406 21.590 98.000 23.617
201409 21.650 98.500 23.562
201412 19.696 97.900 21.567
201503 18.997 97.900 20.802
201506 19.084 98.400 20.791
201509 18.139 98.500 19.741
201512 17.642 98.100 19.279
201603 16.696 97.900 18.282
201606 16.615 98.100 18.156
201609 17.500 98.000 19.143
201612 17.520 98.400 19.087
201703 18.432 98.100 20.142
201706 19.086 98.500 20.772
201709 19.963 98.800 21.660
201712 20.699 99.400 22.323
201803 21.567 99.200 23.306
201806 21.889 99.200 23.654
201809 22.677 99.900 24.334
201812 22.098 99.700 23.760
201903 22.069 99.700 23.729
201906 22.541 99.800 24.212
201909 22.527 100.100 24.125
201912 23.017 100.500 24.551
202003 20.766 100.300 22.195
202006 21.382 99.900 22.944
202009 22.136 99.900 23.754
202012 23.674 99.300 25.557
202103 25.141 99.900 26.978
202106 26.613 99.500 28.672
202109 26.409 100.100 28.282
202112 27.027 100.100 28.944
202203 29.455 101.100 31.232
202206 27.114 101.800 28.552
202209 26.815 103.100 27.881
202212 29.329 104.100 30.202
202303 31.176 104.400 32.012
202306 31.755 105.200 32.359
202309 31.601 106.200 31.899
202312 32.879 106.800 33.002
202403 33.619 107.200 33.619

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


Mitsui  (OTCPK:MITSF) 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.

Mitsui's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=49.00/19.06
=2.57

* 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 Mitsui was 2.78. The lowest was 0.71. And the median was 1.10.


Be Aware

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


Mitsui Cyclically Adjusted Book per Share Related Terms

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


Mitsui (Mitsui) Business Description

Industry
Traded in Other Exchanges
Address
1-3, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8631
Mitsui & Co Ltd is a general trading company with a wide range of business activities in the areas of iron and steel, mineral and metal resources, machinery and infrastructure, chemicals, energy, lifestyle, innovation, and corporate development. The firm also participates in the development of natural resources, and it has minority interests in several upstream resource projects, which include iron ore and coal projects in Australia; copper mining projects in Chile; and oil and gas projects in Asia, the Middle East, and the United States.

Mitsui (Mitsui) Headlines

From GuruFocus

Mitsui Stock Is Believed To Be Fairly Valued

By GF Value GF Value 04-16-2021

Atlas Lithium Signs Memorandum of Understanding with Mitsui & Co

By ACN Newswire ACN Newswire 01-18-2023

Matthews Japan Fund Dumps 5 Stocks in 1st Quarter

By Sydnee Gatewood Sydnee Gatewood 05-08-2019