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J Trust Co (STU:4JT) Cyclically Adjusted Book per Share : €7.51 (As of Mar. 2024)


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What is J Trust 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.

J Trust Co's adjusted book value per share for the three months ended in Mar. 2024 was €6.863. 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 €7.51 for the trailing ten years ended in Mar. 2024.

During the past 12 months, J Trust Co's average Cyclically Adjusted Book Growth Rate was -0.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.00% 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 J Trust Co was 7.60% per year. The lowest was 6.00% per year. And the median was 6.80% per year.

As of today (2024-06-10), J Trust Co's current stock price is €2.30. J Trust Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €7.51. J Trust Co's Cyclically Adjusted PB Ratio of today is 0.31.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of J Trust Co was 1.12. The lowest was 0.17. And the median was 0.36.


J Trust Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for J Trust 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.

J Trust Co Cyclically Adjusted Book per Share Chart

J Trust Co Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.23 8.51 9.09 9.29 8.95

J Trust 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 8.74 8.08 8.08 8.12 7.51

Competitive Comparison of J Trust Co's Cyclically Adjusted Book per Share

For the Financial Conglomerates subindustry, J Trust 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.


J Trust Co's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

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

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



J Trust 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, J Trust 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)
=6.863/107.2000*107.2000
=6.863

Current CPI (Mar. 2024) = 107.2000.

J Trust Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.654 98.000 11.654
201409 10.469 98.500 11.394
201412 10.141 97.900 11.104
201503 12.222 97.900 13.383
201506 11.205 98.400 12.207
201509 10.788 98.500 11.741
201512 11.352 98.100 12.405
201603 11.589 97.900 12.690
201606 12.002 98.100 13.115
201609 11.134 98.000 12.179
201612 11.886 98.400 12.949
201703 12.089 98.100 13.210
201706 11.773 98.500 12.813
201709 11.306 98.800 12.267
201712 11.062 99.400 11.930
201803 10.719 99.200 11.583
201806 10.443 99.200 11.285
201809 10.242 99.900 10.990
201812 7.944 99.700 8.542
201903 7.835 99.700 8.424
201906 7.891 99.800 8.476
201909 7.857 100.100 8.414
201912 0.000 100.500 0.000
202003 7.455 100.300 7.968
202006 7.506 99.900 8.054
202009 7.307 99.900 7.841
202012 6.852 99.300 7.397
202103 7.153 99.900 7.676
202106 6.974 99.500 7.514
202109 7.001 100.100 7.498
202112 7.025 100.100 7.523
202203 7.413 101.100 7.860
202206 7.166 101.800 7.546
202209 7.214 103.100 7.501
202212 7.029 104.100 7.238
202303 7.016 104.400 7.204
202306 7.285 105.200 7.423
202309 7.194 106.200 7.262
202312 7.032 106.800 7.058
202403 6.863 107.200 6.863

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


J Trust Co  (STU:4JT) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.30/7.51
=0.31

* 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 J Trust Co was 1.12. The lowest was 0.17. And the median was 0.36.


Be Aware

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


J Trust Co Cyclically Adjusted Book per Share Related Terms

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


J Trust Co (STU:4JT) Business Description

Traded in Other Exchanges
Address
Toranomon First Garden 1-7-12 Toranomon, Minato-Ku, Tokyo, JPN, 105-0001
J Trust Co Ltd is a Japan-based company that operates financial and nonfinancial businesses via several subsidiaries. The company's financial business includes a domestic financial business, which consists of credit guarantee, credit and consumer credit, collection of accounts receivable, and other financial services; a financial business in South Korea, which contains a savings bank business, capital business, and a collection of accounts receivable; and a financial business in Southeast Asia, which contains a banking business and a collection of accounts receivable. It's nonfinancial business includes a general entertainment business, a real estate business, an investment business, and other business. It generates around two thirds of its total revenue from its financial businesses.

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