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Stream Media (TSE:4772) Cyclically Adjusted Book per Share : 円218.13 (As of Mar. 2024)


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What is Stream Media 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.

Stream Media's adjusted book value per share for the three months ended in Mar. 2024 was 円60.563. 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218.13 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Stream Media's average Cyclically Adjusted Book Growth Rate was -10.80% 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 -12.10% 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 Stream Media was -11.40% per year. The lowest was -12.60% per year. And the median was -11.75% per year.

As of today (2024-06-07), Stream Media's current stock price is 円135.00. Stream Media's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円218.13. Stream Media's Cyclically Adjusted PB Ratio of today is 0.62.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Stream Media was 1.43. The lowest was 0.28. And the median was 0.66.


Stream Media Cyclically Adjusted Book per Share Historical Data

The historical data trend for Stream Media'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.

Stream Media Cyclically Adjusted Book per Share Chart

Stream Media Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 372.57 324.80 288.12 254.46 224.67

Stream Media 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 244.56 237.72 231.14 224.67 218.13

Competitive Comparison of Stream Media's Cyclically Adjusted Book per Share

For the Entertainment subindustry, Stream Media'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.


Stream Media's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Stream Media's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Stream Media 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, Stream Media'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)
=60.563/107.2000*107.2000
=60.563

Current CPI (Mar. 2024) = 107.2000.

Stream Media Quarterly Data

Book Value per Share CPI Adj_Book
201406 308.605 98.000 337.576
201409 322.044 98.500 350.488
201412 338.590 97.900 370.754
201503 339.322 97.900 371.556
201506 328.572 98.400 357.956
201509 327.482 98.500 356.407
201512 327.330 98.100 357.694
201603 320.702 97.900 351.167
201606 235.980 98.100 257.870
201609 266.810 98.000 291.857
201612 263.287 98.400 286.833
201703 266.004 98.100 290.679
201706 272.061 98.500 296.091
201709 279.002 98.800 302.723
201712 280.243 99.400 302.234
201803 283.175 99.200 306.012
201806 282.882 99.200 305.695
201809 288.790 99.900 309.893
201812 283.526 99.700 304.854
201903 283.382 99.700 304.700
201906 287.257 99.800 308.557
201909 285.557 100.100 305.811
201912 257.298 100.500 274.451
202003 257.685 100.300 275.412
202006 252.688 99.900 271.153
202009 35.453 99.900 38.044
202012 51.812 99.300 55.934
202103 51.176 99.900 54.916
202106 50.873 99.500 54.810
202109 49.679 100.100 53.203
202112 67.680 100.100 72.480
202203 62.729 101.100 66.514
202206 58.282 101.800 61.374
202209 56.577 103.100 58.827
202212 54.910 104.100 56.545
202303 59.752 104.400 61.355
202306 59.854 105.200 60.992
202309 61.637 106.200 62.217
202312 58.824 106.800 59.044
202403 60.563 107.200 60.563

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


Stream Media  (TSE:4772) 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.

Stream Media's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=135.00/218.13
=0.62

* 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 Stream Media was 1.43. The lowest was 0.28. And the median was 0.66.


Be Aware

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


Stream Media Cyclically Adjusted Book per Share Related Terms

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


Stream Media (TSE:4772) Business Description

Traded in Other Exchanges
Address
4-5-10 Shiba, Shizo Shiba 4-chome Building, Minato-ku, Tokyo, Tokyo, JPN, 108-0014
Stream Media Corp is engaged in media and communication rights and restaurant business and digital processing and production of digital content delivery through the mobile phone Internet. Its Broadcast business includes Korean comprehensive channel of CS satellite broadcasting station and the Asian channel all over Japan. Management activities include planning and management such as music activities, appearances to events/media. The mobile business includes planning and managing career official mobile sites. Fan Club business include Fan club administration, official goods sale and holding fan meeting. MD business includes activities related to movie tickets, dramas, movies, celebrities by collaborating with convenience stores and broadcasting stations.

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