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J Front Retailing Co (TSE:3086) Cyclically Adjusted Book per Share : 円1,530.10 (As of Feb. 2024)


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What is J Front Retailing 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.

J Front Retailing Co's adjusted book value per share for the three months ended in Feb. 2024 was 円1,453.703. 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1,530.10 for the trailing ten years ended in Feb. 2024.

During the past 12 months, J Front Retailing Co's average Cyclically Adjusted Book Growth Rate was 2.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.60% 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 J Front Retailing Co was 2.10% per year. The lowest was 1.10% per year. And the median was 1.50% per year.

As of today (2024-06-06), J Front Retailing Co's current stock price is 円1583.50. J Front Retailing Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円1,530.10. J Front Retailing Co's Cyclically Adjusted PB Ratio of today is 1.03.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of J Front Retailing Co was 1.11. The lowest was 0.42. And the median was 0.80.


J Front Retailing Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for J Front Retailing 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.

J Front Retailing Co Cyclically Adjusted Book per Share Chart

J Front Retailing 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 1,433.16 1,438.42 1,455.73 1,500.69 1,530.10

J Front Retailing 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 1,500.69 1,513.20 1,521.72 1,533.01 1,530.10

Competitive Comparison of J Front Retailing Co's Cyclically Adjusted Book per Share

For the Department Stores subindustry, J Front Retailing 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.


J Front Retailing Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

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



J Front Retailing 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, J Front Retailing 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)
=1453.703/106.9000*106.9000
=1,453.703

Current CPI (Feb. 2024) = 106.9000.

J Front Retailing Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 1,406.467 98.100 1,532.633
201408 1,420.307 98.300 1,544.566
201411 1,420.588 97.900 1,551.183
201502 1,424.335 97.600 1,560.055
201505 1,451.030 98.700 1,571.582
201508 1,444.645 98.400 1,569.436
201511 1,444.353 98.100 1,573.918
201602 1,317.216 97.800 1,439.779
201605 1,485.849 98.200 1,617.487
201608 1,497.419 97.900 1,635.078
201611 1,500.011 98.600 1,626.280
201702 1,409.201 98.100 1,535.613
201705 1,430.116 98.600 1,550.501
201708 1,448.752 98.500 1,572.300
201711 1,463.870 99.100 1,579.089
201802 1,512.287 99.500 1,624.759
201805 1,526.855 99.300 1,643.714
201808 1,557.780 99.800 1,668.604
201811 1,565.278 100.000 1,673.282
201902 1,577.400 99.700 1,691.315
201905 1,537.822 100.000 1,643.932
201908 1,557.804 100.000 1,665.292
201911 1,565.945 100.500 1,665.667
202002 1,479.494 100.300 1,576.849
202005 1,384.249 100.100 1,478.284
202008 1,397.993 100.100 1,492.962
202011 1,393.030 99.500 1,496.632
202102 1,345.242 99.800 1,440.946
202105 1,315.100 99.400 1,414.328
202108 1,321.067 99.700 1,416.470
202111 1,326.983 100.100 1,417.128
202202 1,338.258 100.700 1,420.653
202205 1,347.169 101.800 1,414.660
202208 1,363.746 102.700 1,419.518
202211 1,366.531 103.900 1,405.988
202302 1,359.793 104.000 1,397.710
202305 1,373.512 105.100 1,397.036
202308 1,400.142 105.900 1,413.363
202311 1,411.761 106.900 1,411.761
202402 1,453.703 106.900 1,453.703

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


J Front Retailing Co  (TSE:3086) 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.

J Front Retailing Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1583.50/1530.1
=1.03

* 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 J Front Retailing Co was 1.11. The lowest was 0.42. And the median was 0.80.


Be Aware

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


J Front Retailing Co Cyclically Adjusted Book per Share Related Terms

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


J Front Retailing Co (TSE:3086) Business Description

Traded in Other Exchanges
Address
1-1, Yaesu 2-chome, Chuo-ku, Tokyo, JPN, 104-0061
J Front Retailing Co Ltd is a Japanese retail group. It operates mainly department-store chains. Besides department stores, the company operates its Parco business, wholesale business, credit business, and real estate/construction business. The Parco segment deals with the development and operational management of shopping centers. The wholesale segment offers food, chemical products, and materials. The real estate division includes parking lots, real estate leasing, contracting works, and retail space.

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