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Sanken Electric Co (STU:XSK) Cyclically Adjusted Book per Share : €19.27 (As of Dec. 2023)


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What is Sanken Electric 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.

Sanken Electric Co's adjusted book value per share for the three months ended in Dec. 2023 was €32.696. 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 €19.27 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Sanken Electric 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 Sanken Electric Co was 10.90% per year. The lowest was 2.40% per year. And the median was 6.60% per year.

As of today (2024-06-10), Sanken Electric Co's current stock price is €35.00. Sanken Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €19.27. Sanken Electric Co's Cyclically Adjusted PB Ratio of today is 1.82.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sanken Electric Co was 4.89. The lowest was 0.89. And the median was 1.97.


Sanken Electric Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sanken Electric 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.

Sanken Electric Co Cyclically Adjusted Book per Share Chart

Sanken Electric 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 16.55 16.53 17.49 18.56 -

Sanken Electric 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 18.56 17.77 18.40 19.27 -

Competitive Comparison of Sanken Electric Co's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, Sanken Electric 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.


Sanken Electric Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Sanken Electric 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, Sanken Electric 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)
=32.696/106.8000*106.8000
=32.696

Current CPI (Dec. 2023) = 106.8000.

Sanken Electric Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 14.191 95.700 15.837
201406 14.348 98.000 15.636
201409 16.207 98.500 17.573
201412 16.939 97.900 18.479
201503 19.808 97.900 21.609
201506 18.628 98.400 20.218
201509 18.910 98.500 20.503
201512 18.940 98.100 20.620
201603 17.572 97.900 19.169
201606 16.712 98.100 18.194
201609 17.342 98.000 18.899
201612 18.752 98.400 20.353
201703 18.584 98.100 20.232
201706 18.161 98.500 19.691
201709 12.872 98.800 13.914
201712 18.130 99.400 19.480
201803 17.462 99.200 18.800
201806 18.174 99.200 19.566
201809 18.725 99.900 20.018
201812 19.027 99.700 20.382
201903 19.150 99.700 20.514
201906 18.602 99.800 19.907
201909 18.471 100.100 19.707
201912 17.552 100.500 18.652
202003 17.342 100.300 18.466
202006 16.261 99.900 17.384
202009 14.625 99.900 15.635
202012 20.901 99.300 22.480
202103 26.764 99.900 28.613
202106 26.582 99.500 28.532
202109 27.961 100.100 29.833
202112 29.004 100.100 30.945
202203 30.130 101.100 31.829
202206 29.989 101.800 31.462
202209 31.921 103.100 33.067
202212 31.103 104.100 31.910
202303 32.154 104.400 32.893
202306 33.581 105.200 34.092
202309 34.066 106.200 34.258
202312 32.696 106.800 32.696

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


Sanken Electric Co  (STU:XSK) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=35.00/19.27
=1.82

* 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 Sanken Electric Co was 4.89. The lowest was 0.89. And the median was 1.97.


Be Aware

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


Sanken Electric Co Cyclically Adjusted Book per Share Related Terms

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


Sanken Electric Co (STU:XSK) Business Description

Industry
Traded in Other Exchanges
Address
3-6-3, Kitano, Saitama-ken, Niiza-shi, JPN, 352-8666
Sanken Electric Co Ltd manufactures, sells, and purchases electric equipment and apparatuses. Its product lineup includes semiconductors, power line filters, inverters, DC power supplies, and other items. Products are offered to the automotive, power supply, LED, and other markets for purposes such as meeting global energy conservation regulations. Semiconductors are the company's leading sales generator and find use in automobiles, home appliances, and industrial automation. In addition to having its equipment manufactured domestically (Japan), and in regions such as North America, the company has stationed sales offices in each region to work with clients and meet specific needs.

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