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Recruit Holdings Co (Recruit Holdings Co) Cyclically Adjusted Book per Share : $0.92 (As of Mar. 2024)


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What is Recruit Holdings 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.

Recruit Holdings Co's adjusted book value per share for the three months ended in Mar. 2024 was $1.729. 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 $0.92 for the trailing ten years ended in Mar. 2024.

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 (2024-05-23), Recruit Holdings Co's current stock price is $9.66. Recruit Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.92. Recruit Holdings Co's Cyclically Adjusted PB Ratio of today is 10.50.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Recruit Holdings Co was 11.12. The lowest was 8.59. And the median was 9.37.


Recruit Holdings Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Recruit Holdings 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.

Recruit Holdings Co Cyclically Adjusted Book per Share Chart

Recruit Holdings 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 - - - - 0.92

Recruit Holdings 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 - - - 0.95 0.92

Competitive Comparison of Recruit Holdings Co's Cyclically Adjusted Book per Share

For the Internet Content & Information subindustry, Recruit Holdings 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.


Recruit Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

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

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



Recruit Holdings 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, Recruit Holdings 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)
=1.729/107.2000*107.2000
=1.729

Current CPI (Mar. 2024) = 107.2000.

Recruit Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 98.000 0.000
201409 0.610 98.500 0.664
201412 0.693 97.900 0.759
201503 0.736 97.900 0.806
201506 0.713 98.400 0.777
201509 0.750 98.500 0.816
201512 0.746 98.100 0.815
201603 0.694 97.900 0.760
201606 0.802 98.100 0.876
201609 0.796 98.000 0.871
201612 0.717 98.400 0.781
201703 0.782 98.100 0.855
201706 0.785 98.500 0.854
201709 0.867 98.800 0.941
201712 0.886 99.400 0.956
201803 0.943 99.200 1.019
201806 0.951 99.200 1.028
201809 0.998 99.900 1.071
201812 1.001 99.700 1.076
201903 1.040 99.700 1.118
201906 1.084 99.800 1.164
201909 1.136 100.100 1.217
201912 1.104 100.500 1.178
202003 1.114 100.300 1.191
202006 1.119 99.900 1.201
202009 1.202 99.900 1.290
202012 1.242 99.300 1.341
202103 1.229 99.900 1.319
202106 1.295 99.500 1.395
202109 1.398 100.100 1.497
202112 1.454 100.100 1.557
202203 1.429 101.100 1.515
202206 1.445 101.800 1.522
202209 1.492 103.100 1.551
202212 1.454 104.100 1.497
202303 1.542 104.400 1.583
202306 1.664 105.200 1.696
202309 1.708 106.200 1.724
202312 1.742 106.800 1.749
202403 1.729 107.200 1.729

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


Recruit Holdings Co  (OTCPK:RCRUY) 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.

Recruit Holdings Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.66/0.92
=10.50

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Recruit Holdings Co was 11.12. The lowest was 8.59. And the median was 9.37.


Be Aware

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


Recruit Holdings Co Cyclically Adjusted Book per Share Related Terms

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


Recruit Holdings Co (Recruit Holdings Co) Business Description

Traded in Other Exchanges
Address
1-9-2 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6640
Recruit Holdings Co Ltd provides HR technology and business solutions that expand economic and personal opportunities for people everywhere. With key subsidiaries including Indeed, Glassdoor, and its worldwide staffing business, Recruit aims to simplify hiring through a two-sided talent marketplace that drives meaningful connections between job seekers and employers. The firm also operates a media and solutions business within Japan focused on helping businesses work smarter through online advertising services, job platforms and cloud-based SaaS solutions. With a presence in more than 60 countries, Recruit is committed to transformative sustainability practices that leverage its strength in employment to drive positive impact on society and the planet.

Recruit Holdings Co (Recruit Holdings Co) Headlines

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