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Sankyo Co (Sankyo Co) Cyclically Adjusted Book per Share : $5.76 (As of Dec. 2023)


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What is Sankyo 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.

Sankyo Co's adjusted book value per share for the three months ended in Dec. 2023 was $8.007. 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 $5.76 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Sankyo Co'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 Sankyo Co was 1.30% per year. The lowest was -0.10% per year. And the median was 0.10% per year.

As of today (2024-06-08), Sankyo Co's current stock price is $9.85. Sankyo Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $5.76. Sankyo Co's Cyclically Adjusted PB Ratio of today is 1.71.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sankyo Co was 1.93. The lowest was 0.59. And the median was 0.88.


Sankyo Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sankyo 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.

Sankyo Co Cyclically Adjusted Book per Share Chart

Sankyo 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 9.67 8.07 6.82 6.96 -

Sankyo 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 6.96 7.02 6.57 5.76 -

Competitive Comparison of Sankyo Co's Cyclically Adjusted Book per Share

For the Gambling subindustry, Sankyo 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.


Sankyo Co's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sankyo Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sankyo 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, Sankyo Co'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)
=8.007/106.8000*106.8000
=8.007

Current CPI (Dec. 2023) = 106.8000.

Sankyo Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 8.635 95.700 9.637
201406 8.481 98.000 9.243
201409 8.000 98.500 8.674
201412 7.289 97.900 7.952
201503 7.224 97.900 7.881
201506 6.999 98.400 7.596
201509 6.917 98.500 7.500
201512 6.733 98.100 7.330
201603 7.627 97.900 8.320
201606 7.960 98.100 8.666
201609 8.258 98.000 9.000
201612 7.272 98.400 7.893
201703 7.439 98.100 8.099
201706 7.451 98.500 8.079
201709 7.468 98.800 8.073
201712 7.239 99.400 7.778
201803 7.835 99.200 8.435
201806 7.428 99.200 7.997
201809 7.309 99.900 7.814
201812 7.251 99.700 7.767
201903 7.479 99.700 8.012
201906 7.499 99.800 8.025
201909 8.025 100.100 8.562
201912 8.161 100.500 8.673
202003 8.185 100.300 8.715
202006 8.174 99.900 8.739
202009 8.300 99.900 8.873
202012 8.400 99.300 9.034
202103 8.086 99.900 8.644
202106 7.910 99.500 8.490
202109 7.971 100.100 8.505
202112 8.040 100.100 8.578
202203 7.821 101.100 8.262
202206 7.023 101.800 7.368
202209 6.892 103.100 7.139
202212 7.673 104.100 7.872
202303 7.995 104.400 8.179
202306 7.786 105.200 7.904
202309 7.789 106.200 7.833
202312 8.007 106.800 8.007

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


Sankyo Co  (OTCPK:SKXJF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.85/5.76
=1.71

* 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 Sankyo Co was 1.93. The lowest was 0.59. And the median was 0.88.


Be Aware

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


Sankyo Co Cyclically Adjusted Book per Share Related Terms

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


Sankyo Co (Sankyo Co) Business Description

Traded in Other Exchanges
Address
3-29-14 Shibuya, Shibuya-ku, Tokyo, JPN, 150-8327
Sankyo Co Ltd manufactures and sells pachinko and pachislot machines to the gambling industry. Pachinko machines, a gambling device with pinball-like characteristics, are sold to pachinko parlors throughout Japan. Pachinko parlors allow users to purchase small steel balls, which are utilized in pachinko machines under the objective of winning more balls that can then be exchanged for prizes. Pachislot machines, which are a similar gambling device as pachinko and slot machines, are also sold to gambling parlors throughout Japan. The company generates the vast majority of its revenue in Japan.

Sankyo Co (Sankyo Co) Headlines

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