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Welcia Holdings Co (TSE:3141) Cyclically Adjusted Book per Share : 円764.15 (As of Nov. 2023)


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What is Welcia 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.

Welcia Holdings Co's adjusted book value per share for the three months ended in Nov. 2023 was 円1,120.237. 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764.15 for the trailing ten years ended in Nov. 2023.

During the past 12 months, Welcia Holdings Co's average Cyclically Adjusted Book Growth Rate was -100.00% 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 Welcia Holdings Co was 14.30% per year. The lowest was 13.50% per year. And the median was 13.90% per year.

As of today (2024-05-21), Welcia Holdings Co's current stock price is 円2290.00. Welcia Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 was 円764.15. Welcia Holdings Co's Cyclically Adjusted PB Ratio of today is 3.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Welcia Holdings Co was 10.20. The lowest was 2.96. And the median was 5.94.


Welcia Holdings Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Welcia 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.

Welcia Holdings Co Cyclically Adjusted Book per Share Chart

Welcia Holdings Co Annual Data
Trend Aug14 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 461.82 521.12 594.49 689.47 -

Welcia 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 689.47 714.75 739.06 764.15 -

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

For the Pharmaceutical Retailers subindustry, Welcia 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.


Welcia Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Welcia Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Welcia 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, Welcia Holdings Co's adjusted Book Value per Share data for the three months ended in Nov. 2023 was:

Adj_Book= Book Value per Share /CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=1120.237/106.9000*106.9000
=1,120.237

Current CPI (Nov. 2023) = 106.9000.

Welcia Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201402 385.843 95.500 431.902
201405 391.623 98.100 426.753
201408 404.989 98.300 440.420
201411 408.344 97.900 445.883
201502 0.000 97.600 0.000
201505 425.743 98.700 461.114
201508 440.578 98.400 478.636
201511 481.840 98.100 525.063
201602 499.072 97.800 545.509
201605 507.719 98.200 552.700
201608 530.035 97.900 578.761
201611 538.332 98.600 583.648
201702 558.269 98.100 608.348
201705 571.825 98.600 619.960
201708 594.319 98.500 645.002
201711 603.469 99.100 650.967
201802 623.357 99.500 669.717
201805 633.597 99.300 682.090
201808 662.076 99.800 709.178
201811 667.408 100.000 713.459
201902 687.004 99.700 736.617
201905 703.157 100.000 751.675
201908 734.706 100.000 785.401
201911 743.399 100.500 790.740
202002 775.070 100.300 826.072
202005 793.934 100.100 847.868
202008 843.290 100.100 900.576
202011 828.955 99.500 890.606
202102 863.922 99.800 925.383
202105 876.655 99.400 942.801
202108 928.942 99.700 996.027
202111 938.215 100.100 1,001.950
202202 967.529 100.700 1,027.099
202205 986.972 101.800 1,036.418
202208 1,042.910 102.700 1,085.561
202211 1,049.742 103.900 1,080.052
202302 1,079.741 104.000 1,109.849
202305 1,050.514 105.100 1,068.506
202308 1,098.852 105.900 1,109.228
202311 1,120.237 106.900 1,120.237

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


Welcia Holdings Co  (TSE:3141) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2290.00/764.15
=3.00

* 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 Welcia Holdings Co was 10.20. The lowest was 2.96. And the median was 5.94.


Be Aware

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


Welcia Holdings Co Cyclically Adjusted Book per Share Related Terms

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


Welcia Holdings Co (TSE:3141) Business Description

Traded in Other Exchanges
Address
2-2-15 Outside Kanda, Chiyoda-ku, Tokyo, JPN, 101-0021
Welcia Holdings Co Ltd operates drug retail stores that sell pharmaceuticals, health and beauty products, baby supplies, health supplements, sanitation items, groceries, and personal-care products. The company generates the bulk of its revenue through sales of over-the-counter drugs and food products. Welcia is involved in pharmaceutical dispensing, blood testing, and earthquake reconstruction assistance. The highest concentration of sales remains in the Kanto region of Japan. Welcia also provides nursing services through its long-term care enterprise.

Welcia Holdings Co (TSE:3141) Headlines

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