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Sumitomo Riko Co (TSE:5191) Cyclically Adjusted Book per Share : 円1,668.57 (As of Mar. 2024)


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What is Sumitomo Riko 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.

Sumitomo Riko Co's adjusted book value per share for the three months ended in Mar. 2024 was 円1,891.298. 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1,668.57 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sumitomo Riko Co's average Cyclically Adjusted Book Growth Rate was 2.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.30% 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 Sumitomo Riko Co was 2.30% per year. The lowest was 0.40% per year. And the median was 0.85% per year.

As of today (2024-06-01), Sumitomo Riko Co's current stock price is 円1263.00. Sumitomo Riko Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円1,668.57. Sumitomo Riko Co's Cyclically Adjusted PB Ratio of today is 0.76.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sumitomo Riko Co was 0.85. The lowest was 0.32. And the median was 0.48.


Sumitomo Riko Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sumitomo Riko 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.

Sumitomo Riko Co Cyclically Adjusted Book per Share Chart

Sumitomo Riko Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,568.92 1,556.86 1,577.82 1,624.76 1,668.57

Sumitomo Riko 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 1,624.76 1,635.54 1,650.58 1,658.36 1,668.57

Competitive Comparison of Sumitomo Riko Co's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, Sumitomo Riko 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.


Sumitomo Riko Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sumitomo Riko Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sumitomo Riko 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, Sumitomo Riko 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)
=1891.298/107.2000*107.2000
=1,891.298

Current CPI (Mar. 2024) = 107.2000.

Sumitomo Riko Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,638.942 98.000 1,792.802
201409 1,680.471 98.500 1,828.898
201412 1,759.407 97.900 1,926.542
201503 1,683.583 97.900 1,843.515
201506 1,697.658 98.400 1,849.481
201509 1,618.402 98.500 1,761.347
201512 1,605.397 98.100 1,754.318
201603 1,539.935 97.900 1,686.221
201606 1,430.401 98.100 1,563.089
201609 1,417.361 98.000 1,550.419
201612 1,560.035 98.400 1,699.550
201703 1,553.433 98.100 1,697.533
201706 1,560.705 98.500 1,698.554
201709 1,592.131 98.800 1,727.494
201712 1,609.573 99.400 1,735.878
201803 1,583.170 99.200 1,710.845
201806 1,580.743 99.200 1,708.222
201809 1,592.927 99.900 1,709.327
201812 1,578.547 99.700 1,697.294
201903 1,524.820 99.700 1,639.526
201906 1,481.103 99.800 1,590.924
201909 1,469.209 100.100 1,573.419
201912 1,495.252 100.500 1,594.935
202003 1,450.717 100.300 1,550.517
202006 1,372.048 99.900 1,472.308
202009 1,309.454 99.900 1,405.140
202012 1,368.484 99.300 1,477.356
202103 1,470.099 99.900 1,577.524
202106 1,486.598 99.500 1,601.641
202109 1,443.912 100.100 1,546.327
202112 1,458.705 100.100 1,562.170
202203 1,520.583 101.100 1,612.329
202206 1,560.688 101.800 1,643.475
202209 1,552.800 103.100 1,614.551
202212 1,498.767 104.100 1,543.399
202303 1,609.487 104.400 1,652.653
202306 1,680.607 105.200 1,712.558
202309 1,741.392 106.200 1,757.789
202312 1,775.112 106.800 1,781.760
202403 1,891.298 107.200 1,891.298

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


Sumitomo Riko Co  (TSE:5191) 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.

Sumitomo Riko Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1263.00/1668.57
=0.76

* 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 Sumitomo Riko Co was 0.85. The lowest was 0.32. And the median was 0.48.


Be Aware

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


Sumitomo Riko Co Cyclically Adjusted Book per Share Related Terms

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


Sumitomo Riko Co (TSE:5191) Business Description

Traded in Other Exchanges
N/A
Address
1 Higashi 3-chome, Aichi, Komaki, JPN, 485-8550
Sumitomo Riko Co Ltd manufactures and sells automotive parts that include antivibration rubbers and hoses, IT-related products, and various industrial materials. The company's high-polymer compounding technology serves as a major component to many of the products it engineers. Sumitomo derives a significant portion of sales from its automotive segment, with revenue dispersed globally. Alongside antivibration rubbers and hoses, automotive product offerings include sound controlling and insulation products, interior equipment (headrests and instrument panels), and connector seals. The company's other segments bring rubber technologies to printers and copy machines, infrastructure, housing, and healthcare.

Sumitomo Riko Co (TSE:5191) Headlines

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