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mixi (MIXIF) Cyclically Adjusted Book per Share : $13.49 (As of Mar. 2024)


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What is mixi 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.

mixi's adjusted book value per share for the three months ended in Mar. 2024 was $16.568. 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 $13.49 for the trailing ten years ended in Mar. 2024.

During the past 12 months, mixi's average Cyclically Adjusted Book Growth Rate was 14.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 19.00% 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 mixi was 25.40% per year. The lowest was 17.30% per year. And the median was 20.00% per year.

As of today (2024-06-01), mixi's current stock price is $16.96. mixi's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $13.49. mixi's Cyclically Adjusted PB Ratio of today is 1.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of mixi was 5.69. The lowest was 1.13. And the median was 1.84.


mixi Cyclically Adjusted Book per Share Historical Data

The historical data trend for mixi'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.

mixi Cyclically Adjusted Book per Share Chart

mixi 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 8.44 11.92 12.77 13.51 13.49

mixi 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 13.51 15.25 15.16 15.74 13.49

Competitive Comparison of mixi's Cyclically Adjusted Book per Share

For the Electronic Gaming & Multimedia subindustry, mixi'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.


mixi's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, mixi's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



mixi 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, mixi'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)
=16.568/107.2000*107.2000
=16.568

Current CPI (Mar. 2024) = 107.2000.

mixi Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.063 98.000 3.351
201409 3.628 98.500 3.948
201412 4.134 97.900 4.527
201503 5.519 97.900 6.043
201506 6.496 98.400 7.077
201509 9.659 98.500 10.512
201512 10.517 98.100 11.493
201603 12.766 97.900 13.979
201606 13.937 98.100 15.230
201609 15.365 98.000 16.807
201612 14.469 98.400 15.763
201703 16.759 98.100 18.314
201706 17.305 98.500 18.833
201709 18.377 98.800 19.939
201712 17.457 99.400 18.827
201803 20.603 99.200 22.265
201806 19.765 99.200 21.359
201809 20.095 99.900 21.563
201812 20.016 99.700 21.522
201903 21.372 99.700 22.980
201906 21.552 99.800 23.150
201909 21.827 100.100 23.375
201912 20.811 100.500 22.198
202003 22.322 100.300 23.858
202006 22.399 99.900 24.036
202009 23.590 99.900 25.314
202012 23.537 99.300 25.410
202103 23.133 99.900 24.823
202106 22.879 99.500 24.650
202109 23.116 100.100 24.756
202112 22.032 100.100 23.595
202203 21.462 101.100 22.757
202206 18.960 101.800 19.966
202209 17.605 103.100 18.305
202212 18.282 104.100 18.826
202303 18.673 104.400 19.174
202306 17.380 105.200 17.710
202309 16.701 106.200 16.858
202312 16.994 106.800 17.058
202403 16.568 107.200 16.568

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


mixi  (OTCPK:MIXIF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.96/13.49
=1.26

* 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 mixi was 5.69. The lowest was 1.13. And the median was 1.84.


Be Aware

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


mixi Cyclically Adjusted Book per Share Related Terms

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


mixi (MIXIF) Business Description

Traded in Other Exchanges
Address
Sumitomo Fudosan Shibuya First Tower 7F, Tokyo, JPN, 150-0011
mixi Inc is a Japanese company which provides social networking services. The company conducts its business activities mainly including the operation of websites and provision of native smartphone games on the Internet. It business segments include, Entertainment Business and Media Platform Business. mixi provides games mainly including native smartphone games through Entertainment Business, and operates business-to-consumer and consumer-to-consumer services utilizing the Internet and invests in operating companies of these services through Media Platform Business.

mixi (MIXIF) Headlines

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