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Data Horizon Co (TSE:3628) Cyclically Adjusted Book per Share : 円137.51 (As of Mar. 2024)


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What is Data Horizon 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.

Data Horizon Co's adjusted book value per share for the three months ended in Mar. 2024 was 円275.824. 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137.51 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Data Horizon Co's average Cyclically Adjusted Book Growth Rate was 21.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.20% 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 Data Horizon Co was 11.40% per year. The lowest was 1.60% per year. And the median was 2.80% per year.

As of today (2024-06-01), Data Horizon Co's current stock price is 円623.00. Data Horizon Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円137.51. Data Horizon Co's Cyclically Adjusted PB Ratio of today is 4.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Data Horizon Co was 27.86. The lowest was 4.15. And the median was 13.11.


Data Horizon Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Data Horizon 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.

Data Horizon Co Cyclically Adjusted Book per Share Chart

Data Horizon Co Annual Data
Trend Mar14 Mar15 Mar16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.89 86.23 86.45 92.21 119.15

Data Horizon Co 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 112.80 119.15 125.71 131.67 137.51

Competitive Comparison of Data Horizon Co's Cyclically Adjusted Book per Share

For the Health Information Services subindustry, Data Horizon 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.


Data Horizon Co's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

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

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



Data Horizon 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, Data Horizon Co'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)
=275.824/107.2000*107.2000
=275.824

Current CPI (Mar. 2024) = 107.2000.

Data Horizon Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 81.646 95.700 91.457
201406 69.386 98.000 75.900
201409 54.324 98.500 59.122
201412 61.139 97.900 66.947
201503 81.682 97.900 89.441
201506 70.455 98.400 76.756
201509 68.105 98.500 74.120
201512 62.693 98.100 68.509
201603 89.649 97.900 98.165
201609 72.833 98.000 79.670
201612 64.429 98.400 70.191
201703 89.015 98.100 97.272
201706 87.059 98.500 94.748
201709 69.594 98.800 75.511
201712 58.368 99.400 62.948
201803 96.798 99.200 104.604
201806 106.570 99.200 115.164
201809 85.091 99.900 91.309
201812 70.038 99.700 75.307
201903 89.516 99.700 96.250
201906 105.737 99.800 113.577
201909 103.285 100.100 110.611
201912 87.983 100.500 93.849
202003 117.002 100.300 125.051
202006 120.967 99.900 129.806
202009 94.305 99.900 101.196
202012 82.279 99.300 88.825
202103 121.444 99.900 130.318
202106 145.334 99.500 156.581
202109 153.531 100.100 164.421
202112 141.710 100.100 151.761
202203 131.488 101.100 139.421
202206 118.265 101.800 124.538
202209 351.152 103.100 365.116
202212 322.178 104.100 331.772
202303 322.162 104.400 330.802
202306 313.597 105.200 319.559
202309 297.672 106.200 300.475
202312 282.443 106.800 283.501
202403 275.824 107.200 275.824

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


Data Horizon Co  (TSE:3628) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=623.00/137.51
=4.53

* 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 Data Horizon Co was 27.86. The lowest was 4.15. And the median was 13.11.


Be Aware

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


Data Horizon Co Cyclically Adjusted Book per Share Related Terms

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


Data Horizon Co (TSE:3628) Business Description

Traded in Other Exchanges
N/A
Address
Kusatsushin No. 35 No. 21 1-chome, Mikushisubiru, Nishi-ku, Hiroshima, JPN, 733-0834
Data Horizon Co Ltd is engaged in development and provision of medical information services, data health related services, generic drug notification services, and health business support system.

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