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Ik Holdings Co (TSE:2722) Cyclically Adjusted Book per Share : 円315.61 (As of Feb. 2024)


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What is Ik Holdings 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.

Ik Holdings Co's adjusted book value per share for the three months ended in Feb. 2024 was 円265.500. 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315.61 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Ik Holdings Co's average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.90% 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 Ik Holdings Co was 6.90% per year. The lowest was 6.90% per year. And the median was 6.90% per year.

As of today (2024-05-23), Ik Holdings Co's current stock price is 円438.00. Ik Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円315.61. Ik Holdings Co's Cyclically Adjusted PB Ratio of today is 1.39.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ik Holdings Co was 4.75. The lowest was 1.03. And the median was 1.47.


Ik Holdings Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ik Holdings 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.

Ik Holdings Co Cyclically Adjusted Book per Share Chart

Ik Holdings Co Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 254.33 278.02 297.22 310.41

Ik Holdings 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 306.78 310.41 311.22 314.78 315.61

Competitive Comparison of Ik Holdings Co's Cyclically Adjusted Book per Share

For the Discount Stores subindustry, Ik Holdings 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.


Ik Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

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

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



Ik Holdings 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, Ik Holdings 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)
=265.5/106.9000*106.9000
=265.500

Current CPI (Feb. 2024) = 106.9000.

Ik Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 207.996 98.100 226.654
201408 192.464 98.300 209.302
201411 199.628 97.900 217.980
201502 203.602 97.600 223.003
201505 197.299 98.700 213.691
201508 192.181 98.400 208.782
201511 192.249 98.100 209.495
201602 198.363 97.800 216.820
201605 202.385 98.200 220.315
201608 201.929 97.900 220.492
201611 218.047 98.600 236.402
201702 239.088 98.100 260.535
201705 254.763 98.600 276.209
201708 267.707 98.500 290.537
201711 297.412 99.100 320.821
201802 304.337 99.500 326.971
201805 337.582 99.300 363.419
201808 332.785 99.800 356.460
201811 347.280 100.000 371.242
201902 350.827 99.700 376.163
201905 359.607 100.000 384.420
201908 336.353 100.000 359.561
201911 347.681 100.500 369.822
202002 366.599 100.300 390.722
202005 386.007 100.100 412.229
202008 388.027 100.100 414.386
202011 419.851 99.500 451.076
202102 465.910 99.800 499.056
202105 453.406 99.400 487.617
202108 414.307 99.700 444.227
202111 367.229 100.100 392.176
202202 363.479 100.700 385.858
202205 326.397 101.800 342.749
202208 304.122 102.700 316.559
202211 291.794 103.900 300.219
202302 284.332 104.000 292.260
202305 256.338 105.100 260.728
202308 250.801 105.900 253.169
202311 256.971 106.900 256.971
202402 265.500 106.900 265.500

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


Ik Holdings Co  (TSE:2722) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=438.00/315.61
=1.39

* 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 Ik Holdings Co was 4.75. The lowest was 1.03. And the median was 1.47.


Be Aware

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


Ik Holdings Co Cyclically Adjusted Book per Share Related Terms

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


Ik Holdings Co (TSE:2722) Business Description

Traded in Other Exchanges
N/A
Address
Nakamura-ku Meieki three chome, No. 26 No. 8 KDX Nagoya building fifth floor, Aichi Prefecture, Nagoya, JPN, 450-0002
Ik Holdings Co Ltd is engaged in the development and distribution of cosmetic products.

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