GURUFOCUS.COM » STOCK LIST » Technology » Hardware » OMRON Corp (OTCPK:OMRNY) » Definitions » Cyclically Adjusted Book per Share

OMRON (OMRNY) Cyclically Adjusted Book per Share : $19.21 (As of Mar. 2024)


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

What is OMRON 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.

OMRON's adjusted book value per share for the three months ended in Mar. 2024 was $26.666. 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 $19.21 for the trailing ten years ended in Mar. 2024.

During the past 12 months, OMRON's average Cyclically Adjusted Book Growth Rate was 9.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.40% 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 OMRON was 10.10% per year. The lowest was 5.60% per year. And the median was 7.75% per year.

As of today (2024-06-01), OMRON's current stock price is $32.99. OMRON's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $19.21. OMRON's Cyclically Adjusted PB Ratio of today is 1.72.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of OMRON was 5.28. The lowest was 1.72. And the median was 2.99.


OMRON Cyclically Adjusted Book per Share Historical Data

The historical data trend for OMRON'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.

OMRON Cyclically Adjusted Book per Share Chart

OMRON 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 18.91 19.93 19.51 20.18 19.21

OMRON 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 20.18 19.10 18.77 20.17 19.21

Competitive Comparison of OMRON's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, OMRON'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.


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

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

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



OMRON 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, OMRON'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)
=26.666/107.2000*107.2000
=26.666

Current CPI (Mar. 2024) = 107.2000.

OMRON Quarterly Data

Book Value per Share CPI Adj_Book
201406 19.484 98.000 21.313
201409 18.209 98.500 19.817
201412 18.871 97.900 20.664
201503 18.725 97.900 20.504
201506 19.031 98.400 20.733
201509 19.010 98.500 20.689
201512 18.902 98.100 20.655
201603 18.418 97.900 20.168
201606 18.857 98.100 20.606
201609 19.264 98.000 21.072
201612 18.784 98.400 20.464
201703 19.428 98.100 21.230
201706 20.683 98.500 22.510
201709 21.146 98.800 22.944
201712 21.644 99.400 23.342
201803 22.635 99.200 24.460
201806 22.183 99.200 23.972
201809 22.096 99.900 23.711
201812 22.136 99.700 23.801
201903 22.091 99.700 23.753
201906 23.396 99.800 25.131
201909 23.304 100.100 24.957
201912 25.477 100.500 27.175
202003 24.396 100.300 26.074
202006 24.824 99.900 26.638
202009 25.483 99.900 27.345
202012 26.833 99.300 28.968
202103 27.683 99.900 29.706
202106 28.496 99.500 30.701
202109 28.683 100.100 30.717
202112 27.851 100.100 29.826
202203 28.164 101.100 29.863
202206 26.300 101.800 27.695
202209 25.133 103.100 26.132
202212 26.571 104.100 27.362
202303 27.605 104.400 28.345
202306 27.500 105.200 28.023
202309 26.078 106.200 26.324
202312 26.563 106.800 26.662
202403 26.666 107.200 26.666

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


OMRON  (OTCPK:OMRNY) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=32.99/19.21
=1.72

* 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 OMRON was 5.28. The lowest was 1.72. And the median was 2.99.


Be Aware

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


OMRON Cyclically Adjusted Book per Share Related Terms

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


OMRON (OMRNY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » OMRON Corp (OTCPK:OMRNY) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
Shiokoji Horikawa, Shimogyo-ku, Kyoto, JPN, 600-8530
Omron Corporation is an diversified industrials company that engages mainly in industrial automation, healthcare, and social systems, electronic/mechanical components businesses. The industrial automation business offers automation control systems, motion/drives, sensors, and robotics. The social systems business provides automated ticket gates in train stations, ticket vending machines, as well as onboard driver monitoring service in mainly Japan. The company's healthcare business offers BPMs, nebulizers, electrotherapy devices, thermometers, and others. The electronic/mechanical components business offers mainly switches, safety and control components, and relays. Omron was founded in 1933 and is headquartered in Kyoto, Japan.