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Seria Co (TSE:2782) Cyclically Adjusted Book per Share : 円910.61 (As of Dec. 2023)


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What is Seria 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.

Seria Co's adjusted book value per share for the three months ended in Dec. 2023 was 円1,324.967. 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910.61 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Seria Co's average Cyclically Adjusted Book Growth Rate was 14.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 17.70% 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 Seria Co was 17.90% per year. The lowest was 17.50% per year. And the median was 17.50% per year.

As of today (2024-05-17), Seria Co's current stock price is 円2611.00. Seria Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円910.61. Seria Co's Cyclically Adjusted PB Ratio of today is 2.87.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Seria Co was 21.51. The lowest was 2.31. And the median was 6.38.


Seria Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Seria 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.

Seria Co Cyclically Adjusted Book per Share Chart

Seria Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 430.17 504.85 592.48 697.50 819.40

Seria Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 792.62 819.40 849.66 881.92 910.61

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

For the Discount Stores subindustry, Seria 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.


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

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

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



Seria 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, Seria 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)
=1324.967/106.8000*106.8000
=1,324.967

Current CPI (Dec. 2023) = 106.8000.

Seria Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 358.268 95.700 399.823
201406 370.952 98.000 404.262
201409 390.059 98.500 422.927
201412 417.458 97.900 455.409
201503 438.358 97.900 478.209
201506 448.841 98.400 487.157
201509 470.070 98.500 509.680
201512 502.849 98.100 547.444
201603 530.487 97.900 578.713
201606 546.468 98.100 594.932
201609 576.149 98.000 627.885
201612 618.317 98.400 671.100
201703 654.485 98.100 712.528
201706 671.547 98.500 728.134
201709 705.711 98.800 762.854
201712 749.092 99.400 804.859
201803 783.691 99.200 843.732
201806 789.704 99.200 850.206
201809 824.040 99.900 880.956
201812 849.778 99.700 910.294
201903 885.236 99.700 948.277
201906 890.444 99.800 952.900
201909 927.232 100.100 989.294
201912 945.956 100.500 1,005.255
202003 989.178 100.300 1,053.282
202006 1,005.278 99.900 1,074.712
202009 1,046.418 99.900 1,118.693
202012 1,073.897 99.300 1,155.007
202103 1,123.541 99.900 1,201.143
202106 1,134.960 99.500 1,218.228
202109 1,182.850 100.100 1,262.022
202112 1,203.829 100.100 1,284.405
202203 1,228.848 101.100 1,298.130
202206 1,233.273 101.800 1,293.846
202209 1,265.889 103.100 1,311.319
202212 1,274.568 104.100 1,307.626
202303 1,295.142 104.400 1,324.915
202306 1,287.726 105.200 1,307.311
202309 1,314.441 106.200 1,321.867
202312 1,324.967 106.800 1,324.967

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


Seria Co  (TSE:2782) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2611.00/910.61
=2.87

* 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 Seria Co was 21.51. The lowest was 2.31. And the median was 6.38.


Be Aware

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


Seria Co Cyclically Adjusted Book per Share Related Terms

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


Seria Co (TSE:2782) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2-38 Sobutsu, Ogaki, Gifu, JPN, 503-0934
Seria Co Ltd is a Japanese discount retailer. The business operates under the "100 yen" price concept. The "100 yen" shop stocks various products, from clothing to stationery, and each item is priced at 100 yen. These shops keep prices down by purchasing goods internationally and in large quantities. The company operates stores, wholesale and franchisees, offering consumer products. The company offers a variety of goods, such as food products, clothes, kitchen and electrical appliances, cosmetics, accessories, health products, cleaning products, outdoor products, and seasonal products. Seria is also commercializing its own private-brand products.

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