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Maxell (Maxell) Cyclically Adjusted Book per Share : $13.90 (As of Dec. 2023)


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What is Maxell 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.

Maxell's adjusted book value per share for the three months ended in Dec. 2023 was $13.414. 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 $13.90 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Maxell'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 (2024-06-02), Maxell's current stock price is $8.65. Maxell's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $13.90. Maxell's Cyclically Adjusted PB Ratio of today is 0.62.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Maxell was 0.78. The lowest was 0.54. And the median was 0.68.


Maxell Cyclically Adjusted Book per Share Historical Data

The historical data trend for Maxell'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.

Maxell Cyclically Adjusted Book per Share Chart

Maxell 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 - - - 13.91 -

Maxell 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 13.91 13.52 12.93 13.90 -

Competitive Comparison of Maxell's Cyclically Adjusted Book per Share

For the Consumer Electronics subindustry, Maxell'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.


Maxell's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Maxell's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Maxell 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, Maxell'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)
=13.414/106.8000*106.8000
=13.414

Current CPI (Dec. 2023) = 106.8000.

Maxell Quarterly Data

Book Value per Share CPI Adj_Book
201403 20.493 95.700 22.870
201406 20.020 98.000 21.818
201409 19.599 98.500 21.250
201412 17.404 97.900 18.986
201503 18.367 97.900 20.037
201506 17.946 98.400 19.478
201509 18.488 98.500 20.046
201512 18.223 98.100 19.839
201603 18.785 97.900 20.493
201606 19.396 98.100 21.116
201609 20.270 98.000 22.090
201612 18.542 98.400 20.125
201703 19.512 98.100 21.242
201706 20.021 98.500 21.708
201709 20.699 98.800 22.375
201712 20.679 99.400 22.218
201803 21.596 99.200 23.251
201806 20.759 99.200 22.349
201809 20.621 99.900 22.045
201812 20.310 99.700 21.756
201903 20.949 99.700 22.441
201906 21.189 99.800 22.675
201909 19.037 100.100 20.311
201912 19.316 100.500 20.527
202003 16.985 100.300 18.086
202006 17.032 99.900 18.208
202009 16.385 99.900 17.517
202012 16.787 99.300 18.055
202103 15.097 99.900 16.140
202106 15.395 99.500 16.524
202109 15.718 100.100 16.770
202112 15.452 100.100 16.486
202203 13.896 101.100 14.679
202206 13.021 101.800 13.661
202209 12.625 103.100 13.078
202212 13.276 104.100 13.620
202303 13.521 104.400 13.832
202306 13.321 105.200 13.524
202309 13.326 106.200 13.401
202312 13.414 106.800 13.414

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


Maxell  (OTCPK:MXLLF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.65/13.9
=0.62

* 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 Maxell was 0.78. The lowest was 0.54. And the median was 0.68.


Be Aware

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


Maxell Cyclically Adjusted Book per Share Related Terms

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


Maxell (Maxell) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Maxell Ltd (OTCPK:MXLLF) » Definitions » Cyclically Adjusted Book per Share
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Address
2-16-2, Konan, Minato-ku, Taiyo-Life Shinagawa Building 21sr Floor, Tokyo, JPN, 108-8248
Maxell Ltd is a Japan-based company that is engaged in manufacturing and selling energy products, industrial materials products, and electronic appliance and consumer products. The company focuses on several business areas, including automotive, home life and infrastructure, health and beauty care, and business and consumer. The company provides a broad range of products, including primary batteries, rechargeable batteries, electroforming, data storage, adhesive tapes, inks, functional films, display equipment, lens units, optical components, and wellness and beauty care.

Maxell (Maxell) Headlines

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