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AEON Co (STU:JUS1) Cyclically Adjusted Book per Share : €8.37 (As of Feb. 2024)


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What is AEON 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.

AEON Co's adjusted book value per share for the three months ended in Feb. 2024 was €7.639. 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 €8.37 for the trailing ten years ended in Feb. 2024.

During the past 12 months, AEON Co's average Cyclically Adjusted Book Growth Rate was 0.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.40% 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 AEON Co was 5.90% per year. The lowest was -0.10% per year. And the median was 0.70% per year.

As of today (2024-06-10), AEON Co's current stock price is €20.60. AEON Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was €8.37. AEON Co's Cyclically Adjusted PB Ratio of today is 2.46.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AEON Co was 2.70. The lowest was 1.23. And the median was 1.82.


AEON Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for AEON 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.

AEON Co Cyclically Adjusted Book per Share Chart

AEON Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.87 10.10 10.12 9.25 8.37

AEON Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 9.25 9.09 8.47 8.40 8.37

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

For the Department Stores subindustry, AEON 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.


AEON Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, AEON Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



AEON 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, AEON Co's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=7.639/106.9000*106.9000
=7.639

Current CPI (Feb. 2024) = 106.9000.

AEON Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 9.502 98.100 10.354
201408 9.732 98.300 10.583
201411 9.460 97.900 10.330
201502 10.729 97.600 11.751
201505 10.744 98.700 11.637
201508 10.582 98.400 11.496
201511 10.713 98.100 11.674
201602 10.757 97.800 11.758
201605 10.940 98.200 11.909
201608 11.583 97.900 12.648
201611 11.108 98.600 12.043
201702 11.243 98.100 12.252
201705 10.787 98.600 11.695
201708 10.376 98.500 11.261
201711 10.121 99.100 10.918
201802 10.307 99.500 11.074
201805 10.400 99.300 11.196
201808 10.440 99.800 11.183
201811 10.096 100.000 10.793
201902 10.383 99.700 11.133
201905 10.175 100.000 10.877
201908 10.673 100.000 11.409
201911 10.341 100.500 11.000
202002 10.556 100.300 11.251
202005 10.142 100.100 10.831
202008 9.441 100.100 10.082
202011 9.430 99.500 10.131
202102 9.020 99.800 9.662
202105 8.712 99.400 9.369
202108 8.955 99.700 9.602
202111 8.616 100.100 9.201
202202 8.653 100.700 9.186
202205 8.508 101.800 8.934
202208 8.694 102.700 9.050
202211 8.033 103.900 8.265
202302 8.161 104.000 8.389
202305 7.893 105.100 8.028
202308 7.773 105.900 7.846
202311 7.520 106.900 7.520
202402 7.639 106.900 7.639

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


AEON Co  (STU:JUS1) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.60/8.37
=2.46

* 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 AEON Co was 2.70. The lowest was 1.23. And the median was 1.82.


Be Aware

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


AEON Co Cyclically Adjusted Book per Share Related Terms

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


AEON Co (STU:JUS1) Business Description

Industry
Traded in Other Exchanges
Address
1-5-1 Nakase, Minami-ku, Chiba-shi, Chiba, JPN, 261-8515
AEON Co Ltd is the holding company of Aeon Group, integrated Japanese retailer, and is active not only in Japan but also throughout countries in the Association of Southeast Asian Nations and China. The business is segmented in four main divisions: supermarket and discount store, drugstore and pharmacy, shopping-center development, and financial sevices. The company's core operations are general merchandise store, supermarket, and convenience-store operations. Aeon is also active in specialty store operations, shopping-center development and operations, and credit card business and services.

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