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Demae-Can Co (TSE:2484) Cyclically Adjusted Book per Share : 円184.55 (As of Feb. 2024)


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What is Demae-Can 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.

Demae-Can Co's adjusted book value per share for the three months ended in Feb. 2024 was 円288.013. 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 円184.55 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Demae-Can Co's average Cyclically Adjusted Book Growth Rate was 19.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 31.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 26.40% 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 Demae-Can Co was 32.40% per year. The lowest was 16.00% per year. And the median was 31.90% per year.

As of today (2024-05-27), Demae-Can Co's current stock price is 円244.00. Demae-Can Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円184.55. Demae-Can Co's Cyclically Adjusted PB Ratio of today is 1.32.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Demae-Can Co was 64.45. The lowest was 1.31. And the median was 17.14.


Demae-Can Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Demae-Can 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.

Demae-Can Co Cyclically Adjusted Book per Share Chart

Demae-Can Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.35 74.44 88.54 137.66 170.81

Demae-Can 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 154.62 163.01 170.81 178.77 184.55

Competitive Comparison of Demae-Can Co's Cyclically Adjusted Book per Share

For the Internet Retail subindustry, Demae-Can 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.


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

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

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



Demae-Can 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, Demae-Can 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)
=288.013/106.9000*106.9000
=288.013

Current CPI (Feb. 2024) = 106.9000.

Demae-Can Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 51.822 98.100 56.471
201408 51.098 98.300 55.568
201411 50.453 97.900 55.091
201502 52.169 97.600 57.140
201505 54.782 98.700 59.333
201508 53.262 98.400 57.863
201511 51.813 98.100 56.461
201602 54.725 97.800 59.817
201605 58.302 98.200 63.467
201608 57.840 97.900 63.157
201611 57.862 98.600 62.733
201702 59.767 98.100 65.128
201705 64.946 98.600 70.413
201708 66.854 98.500 72.555
201711 67.852 99.100 73.193
201802 70.907 99.500 76.180
201805 75.072 99.300 80.818
201808 80.540 99.800 86.270
201811 81.197 100.000 86.800
201902 71.531 99.700 76.697
201905 72.303 100.000 77.292
201908 69.374 100.000 74.161
201911 60.617 100.500 64.477
202002 41.290 100.300 44.007
202005 374.364 100.100 399.795
202008 345.622 100.100 369.101
202011 303.316 99.500 325.874
202102 230.436 99.800 246.830
202105 169.404 99.400 182.186
202108 83.627 99.700 89.666
202111 637.055 100.100 680.331
202202 529.272 100.700 561.859
202205 474.063 101.800 497.813
202208 411.844 102.700 428.687
202211 379.724 103.900 390.688
202302 345.683 104.000 355.322
202305 330.721 105.100 336.385
202308 320.195 105.900 323.219
202311 311.165 106.900 311.165
202402 288.013 106.900 288.013

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


Demae-Can Co  (TSE:2484) 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.

Demae-Can Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=244.00/184.55
=1.32

* 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 Demae-Can Co was 64.45. The lowest was 1.31. And the median was 17.14.


Be Aware

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


Demae-Can Co Cyclically Adjusted Book per Share Related Terms

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


Demae-Can Co (TSE:2484) Business Description

Traded in Other Exchanges
Address
Midosuji Daiwa Building, 8th Floor, 3-6-8, Kyutaromachi, Chuo-ku, Osaka-shi, Osaka, JPN, 541-0056
Demae-Can Co Ltd Ltd operates an Internet store in Japan. The company operates through two business segments including Demae-can Business and Mail Order Business. The Demae-can segment operates a website for the door-to-door delivery service, and the mail order sales segment sells, Shochu to restaurants on the phone.

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