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Adastria Co (TSE:2685) Cyclically Adjusted Book per Share : 円1,243.26 (As of Feb. 2024)


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What is Adastria 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.

Adastria Co's adjusted book value per share for the three months ended in Feb. 2024 was 円1,549.100. 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1,243.26 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Adastria Co's average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.50% 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 Adastria Co was 5.40% per year. The lowest was 3.30% per year. And the median was 4.60% per year.

As of today (2024-06-05), Adastria Co's current stock price is 円3585.00. Adastria Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円1,243.26. Adastria Co's Cyclically Adjusted PB Ratio of today is 2.88.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Adastria Co was 3.12. The lowest was 1.12. And the median was 1.92.


Adastria Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Adastria 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.

Adastria Co Cyclically Adjusted Book per Share Chart

Adastria 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 1,029.72 1,060.99 1,099.23 1,173.37 1,243.26

Adastria 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 1,173.37 1,195.20 1,214.75 1,230.34 1,243.26

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

For the Apparel Manufacturing subindustry, Adastria 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.


Adastria Co's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Adastria Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Adastria 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, Adastria 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)
=1549.1/106.9000*106.9000
=1,549.100

Current CPI (Feb. 2024) = 106.9000.

Adastria Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 921.838 98.100 1,004.531
201408 924.556 98.300 1,005.443
201411 958.387 97.900 1,046.492
201502 951.942 97.600 1,042.650
201505 1,012.190 98.700 1,096.283
201508 1,079.768 98.400 1,173.041
201511 1,099.596 98.100 1,198.235
201602 1,106.379 97.800 1,209.324
201605 1,139.728 98.200 1,240.702
201608 1,132.584 97.900 1,236.703
201611 1,151.044 98.600 1,247.937
201702 1,191.144 98.100 1,297.995
201705 1,213.932 98.600 1,316.119
201708 1,205.408 98.500 1,308.204
201711 1,203.367 99.100 1,298.082
201802 1,084.798 99.500 1,165.476
201805 1,072.214 99.300 1,154.277
201808 1,055.420 99.800 1,130.505
201811 1,111.435 100.000 1,188.124
201902 1,125.255 99.700 1,206.517
201905 1,166.900 100.000 1,247.416
201908 1,189.516 100.000 1,271.593
201911 1,216.868 100.500 1,294.360
202002 1,210.501 100.300 1,290.155
202005 1,110.439 100.100 1,185.873
202008 1,133.974 100.100 1,211.007
202011 1,176.242 99.500 1,263.721
202102 1,122.650 99.800 1,202.518
202105 1,112.996 99.400 1,196.975
202108 1,117.513 99.700 1,198.216
202111 1,161.024 100.100 1,239.895
202202 1,192.583 100.700 1,266.009
202205 1,248.961 101.800 1,311.532
202208 1,280.742 102.700 1,333.119
202211 1,320.478 103.900 1,358.605
202302 1,309.938 104.000 1,346.465
202305 1,386.739 105.100 1,410.489
202308 1,465.988 105.900 1,479.831
202311 1,506.847 106.900 1,506.847
202402 1,549.100 106.900 1,549.100

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


Adastria Co  (TSE:2685) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3585.00/1243.26
=2.88

* 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 Adastria Co was 3.12. The lowest was 1.12. And the median was 1.92.


Be Aware

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


Adastria Co Cyclically Adjusted Book per Share Related Terms

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


Adastria Co (TSE:2685) Business Description

Traded in Other Exchanges
N/A
Address
10th Floor, Gran Tokyo South Tower, 1-9-2, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6610
Adastria Co Ltd is a manufacturer and retailer of clothing, bags, shoes, kitchen goods, furniture, and accessories with over a thousand stores in Asia. Its many retail brands span from targeting teenagers to middle-aged adults and from high-priced to mass-market goods. Its biggest brands include Lepsim, studio CLIP, niko and, Global Work, Heather, Jeanasis, Rageblue, and Lowrys Farm. The vast majority of Adastria's revenue and store locations are in Japan. Other Asian markets include Hong Kong, China, Taiwan, South Korea, and Singapore.

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