GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Restar Corp (OTCPK:RTARF) » Definitions » Cyclically Adjusted Book per Share

Restar (Restar) Cyclically Adjusted Book per Share : $15.12 (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Restar 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.

Restar's adjusted book value per share for the three months ended in Dec. 2023 was $18.963. 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 $15.12 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Restar'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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Restar was 0.80% per year. The lowest was 0.80% per year. And the median was 0.80% per year.

As of today (2024-06-10), Restar's current stock price is $14.30. Restar's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $15.12. Restar's Cyclically Adjusted PB Ratio of today is 0.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Restar was 1.05. The lowest was 0.46. And the median was 0.71.


Restar Cyclically Adjusted Book per Share Historical Data

The historical data trend for Restar'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.

Restar Cyclically Adjusted Book per Share Chart

Restar 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 - - - 19.58 -

Restar 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 19.58 17.42 17.42 15.12 -

Competitive Comparison of Restar's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, Restar'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.


Restar's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Restar 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, Restar'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)
=18.963/106.8000*106.8000
=18.963

Current CPI (Dec. 2023) = 106.8000.

Restar Quarterly Data

Book Value per Share CPI Adj_Book
201403 31.132 95.700 34.743
201406 31.572 98.000 34.407
201409 30.713 98.500 33.301
201412 28.846 97.900 31.468
201503 29.611 97.900 32.303
201506 29.316 98.400 31.819
201509 30.510 98.500 33.081
201512 30.467 98.100 33.169
201603 26.327 97.900 28.720
201606 33.885 98.100 36.890
201609 35.083 98.000 38.233
201612 31.335 98.400 34.010
201703 20.728 98.100 22.566
201706 21.278 98.500 23.071
201709 21.427 98.800 23.162
201712 22.874 99.400 24.577
201803 23.631 99.200 25.441
201806 22.314 99.200 24.024
201809 22.581 99.900 24.141
201812 22.225 99.700 23.808
201903 22.013 99.700 23.581
201906 21.578 99.800 23.091
201909 21.869 100.100 23.333
201912 21.654 100.500 23.011
202003 21.740 100.300 23.149
202006 21.654 99.900 23.150
202009 22.522 99.900 24.078
202012 24.397 99.300 26.240
202103 22.460 99.900 24.011
202106 22.387 99.500 24.029
202109 22.769 100.100 24.293
202112 22.475 100.100 23.979
202203 21.779 101.100 23.007
202206 19.260 101.800 20.206
202209 18.375 103.100 19.034
202212 19.688 104.100 20.199
202303 20.125 104.400 20.588
202306 18.841 105.200 19.128
202309 18.539 106.200 18.644
202312 18.963 106.800 18.963

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


Restar  (OTCPK:RTARF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14.30/15.12
=0.95

* 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 Restar was 1.05. The lowest was 0.46. And the median was 0.71.


Be Aware

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


Restar Cyclically Adjusted Book per Share Related Terms

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


Restar (Restar) Business Description

Industry
Traded in Other Exchanges
Address
3-6-5 Higashi Shinagawa, Shinagawa-ku, Tokyo, JPN, 140-0002
Restar Holdings Corp manufactures and distributes semiconductors and electronic components. The company offers semiconductors/modules, optical components, displays, industrial lasers, sensors, measuring instruments/filters, batteries, quartz crystal devices, adhesive materials/optical materials, and speakers/receivers. It also provides electronic manufacturing services.

Restar (Restar) Headlines

No Headlines