GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Ai Holdings Corp (TSE:3076) » Definitions » Cyclically Adjusted Book per Share

Ai Holdings (TSE:3076) Cyclically Adjusted Book per Share : 円1,057.01 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Ai Holdings 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.

Ai Holdings's adjusted book value per share for the three months ended in Mar. 2024 was 円1,576.685. 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1,057.01 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ai Holdings's average Cyclically Adjusted Book Growth Rate was 12.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.80% 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 Ai Holdings was 11.60% per year. The lowest was 9.80% per year. And the median was 10.60% per year.

As of today (2024-06-08), Ai Holdings's current stock price is 円2292.00. Ai Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円1,057.01. Ai Holdings's Cyclically Adjusted PB Ratio of today is 2.17.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ai Holdings was 5.30. The lowest was 1.55. And the median was 2.58.


Ai Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ai Holdings'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.

Ai Holdings Cyclically Adjusted Book per Share Chart

Ai Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 633.51 697.89 762.42 856.92 968.87

Ai Holdings 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 940.07 968.87 999.32 1,029.13 1,057.01

Competitive Comparison of Ai Holdings's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Ai Holdings'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.


Ai Holdings's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Ai Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ai Holdings 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, Ai Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1576.685/107.2000*107.2000
=1,576.685

Current CPI (Mar. 2024) = 107.2000.

Ai Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 561.718 98.000 614.451
201409 587.286 98.500 639.158
201412 616.317 97.900 674.864
201503 633.271 97.900 693.429
201506 662.913 98.400 722.198
201509 662.744 98.500 721.281
201512 696.463 98.100 761.069
201603 704.380 97.900 771.293
201606 720.231 98.100 787.041
201609 729.373 98.000 797.845
201612 780.048 98.400 849.808
201703 795.905 98.100 869.735
201706 827.379 98.500 900.457
201709 849.296 98.800 921.503
201712 887.894 99.400 957.568
201803 896.572 99.200 968.876
201806 922.180 99.200 996.549
201809 941.585 99.900 1,010.390
201812 967.451 99.700 1,040.228
201903 988.925 99.700 1,063.318
201906 990.610 99.800 1,064.062
201909 1,006.447 100.100 1,077.833
201912 1,044.518 100.500 1,114.153
202003 1,044.454 100.300 1,116.306
202006 1,044.655 99.900 1,120.991
202009 1,052.405 99.900 1,129.307
202012 1,085.388 99.300 1,171.738
202103 1,115.604 99.900 1,197.125
202106 1,133.853 99.500 1,221.598
202109 1,155.730 100.100 1,237.705
202112 1,199.905 100.100 1,285.013
202203 1,229.678 101.100 1,303.872
202206 1,293.377 101.800 1,361.984
202209 1,309.530 103.100 1,361.606
202212 1,329.378 104.100 1,368.966
202303 1,339.709 104.400 1,375.640
202306 1,415.055 105.200 1,441.957
202309 1,414.023 106.200 1,427.338
202312 1,559.575 106.800 1,565.416
202403 1,576.685 107.200 1,576.685

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


Ai Holdings  (TSE:3076) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2292.00/1057.01
=2.17

* 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 Ai Holdings was 5.30. The lowest was 1.55. And the median was 2.58.


Be Aware

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


Ai Holdings Cyclically Adjusted Book per Share Related Terms

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


Ai Holdings (TSE:3076) Business Description

Industry
Traded in Other Exchanges
N/A
Address
12-8 Nihonbashi Hisamatsucho, Chuo-ku, Tokyo, JPN, 103-0005
Ai Holdings is mainly engaged in information equipment and security equipment businesses. The company has several business segments: security equipment, card equipment, maintenance service, information equipment, measuring device and environmental testing equipment, design, leasing, and installment. The security equipment sector offers surveillance cameras and recorders, as well as services. The card equipment segment offers card-issuing system equipment. The information equipment segment's main products are cutting machines and scanners. The measurement equipment segment offers environmental test equipment that accomodates a wide range of data such as voltage, temperature, humidity, and pulse. The design segment is mainly focused on the earthquake-resistant structural design.

Ai Holdings (TSE:3076) Headlines

No Headlines