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SBI Holdings (SBI Holdings) Cyclically Adjusted Book per Share : $16.85 (As of Mar. 2024)


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What is SBI Holdings 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.

SBI Holdings's adjusted book value per share for the three months ended in Mar. 2024 was $27.910. 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 $16.85 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SBI Holdings's average Cyclically Adjusted Book Growth Rate was 13.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.50% 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 SBI Holdings was 12.10% per year. The lowest was 2.80% per year. And the median was 8.20% per year.

As of today (2024-06-02), SBI Holdings's current stock price is $25.93. SBI Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $16.85. SBI Holdings's Cyclically Adjusted PB Ratio of today is 1.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SBI Holdings was 1.88. The lowest was 0.74. And the median was 1.36.


SBI Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for SBI Holdings'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.

SBI Holdings Cyclically Adjusted Book per Share Chart

SBI Holdings 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 16.58 16.32 15.82 16.93 16.85

SBI Holdings 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 16.93 16.05 16.50 17.09 16.85

Competitive Comparison of SBI Holdings's Cyclically Adjusted Book per Share

For the Financial Conglomerates subindustry, SBI Holdings'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.


SBI Holdings's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, SBI Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SBI Holdings 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, SBI Holdings'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)
=27.91/107.2000*107.2000
=27.910

Current CPI (Mar. 2024) = 107.2000.

SBI Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 14.956 98.000 16.360
201409 15.351 98.500 16.707
201412 14.573 97.900 15.957
201503 14.712 97.900 16.110
201506 14.525 98.400 15.824
201509 14.391 98.500 15.662
201512 14.522 98.100 15.869
201603 15.537 97.900 17.013
201606 16.214 98.100 17.718
201609 17.372 98.000 19.003
201612 15.799 98.400 17.212
201703 16.441 98.100 17.966
201706 16.763 98.500 18.244
201709 16.710 98.800 18.131
201712 17.397 99.400 18.762
201803 18.272 99.200 19.746
201806 17.325 99.200 18.722
201809 17.852 99.900 19.157
201812 17.358 99.700 18.664
201903 18.002 99.700 19.356
201906 17.713 99.800 19.026
201909 18.158 100.100 19.446
201912 18.510 100.500 19.744
202003 18.166 100.300 19.416
202006 18.177 99.900 19.505
202009 19.098 99.900 20.494
202012 20.839 99.300 22.497
202103 21.140 99.900 22.685
202106 21.073 99.500 22.704
202109 22.540 100.100 24.139
202112 32.443 100.100 34.744
202203 31.801 101.100 33.720
202206 28.309 101.800 29.811
202209 25.831 103.100 26.858
202212 27.115 104.100 27.922
202303 27.852 104.400 28.599
202306 27.666 105.200 28.192
202309 26.892 106.200 27.145
202312 28.431 106.800 28.537
202403 27.910 107.200 27.910

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


SBI Holdings  (OTCPK:SBHGF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=25.93/16.85
=1.54

* 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 SBI Holdings was 1.88. The lowest was 0.74. And the median was 1.36.


Be Aware

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


SBI Holdings Cyclically Adjusted Book per Share Related Terms

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


SBI Holdings (SBI Holdings) Business Description

Traded in Other Exchanges
Address
1-6-1, Roppongi, Minato-ku, Tokyo, JPN, 106-6019
SBI Holdings Inc is a financial conglomerate that offers a variety of services in securities, banking, and insurance. Operations are divided into financial services, asset management, and biotechnology-related business. Many of the traditional financial offerings fall under the financial services arm and include housing loans and foreign exchange margin trading in addition to the primary banking and insurance businesses. Under the asset management business, the group invests in Japanese and international venture companies that operate in IT, biotechnology, environment/energy, and finance. Aside from financial services, cosmetics, health foods, and drugs are developed by subsidiaries in the biotech-related business.

SBI Holdings (SBI Holdings) Headlines

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