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Bunka Shutter Co (TSE:5930) Cyclically Adjusted Book per Share : 円1,081.33 (As of Dec. 2023)


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What is Bunka Shutter 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.

Bunka Shutter Co's adjusted book value per share for the three months ended in Dec. 2023 was 円1,363.434. 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1,081.33 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Bunka Shutter 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 Bunka Shutter Co was 9.70% per year. The lowest was 7.20% per year. And the median was 8.50% per year.

As of today (2024-05-27), Bunka Shutter Co's current stock price is 円1769.00. Bunka Shutter Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,081.33. Bunka Shutter Co's Cyclically Adjusted PB Ratio of today is 1.64.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bunka Shutter Co was 1.75. The lowest was 0.89. And the median was 1.17.


Bunka Shutter Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bunka Shutter 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.

Bunka Shutter Co Cyclically Adjusted Book per Share Chart

Bunka Shutter 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 767.73 831.81 912.76 1,012.40 -

Bunka Shutter 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 1,012.40 1,035.84 1,060.58 1,081.33 -

Competitive Comparison of Bunka Shutter Co's Cyclically Adjusted Book per Share

For the Building Products & Equipment subindustry, Bunka Shutter 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.


Bunka Shutter Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Bunka Shutter Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Bunka Shutter 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, Bunka Shutter Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1363.434/106.8000*106.8000
=1,363.434

Current CPI (Dec. 2023) = 106.8000.

Bunka Shutter Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 704.354 95.700 786.050
201406 712.973 98.000 776.995
201409 736.891 98.500 798.984
201412 753.319 97.900 821.803
201503 799.598 97.900 872.289
201506 800.295 98.400 868.613
201509 810.575 98.500 878.877
201512 836.602 98.100 910.796
201603 846.927 97.900 923.920
201606 838.628 98.100 913.002
201609 862.033 98.000 939.440
201612 875.813 98.400 950.578
201703 933.518 98.100 1,016.307
201706 928.301 98.500 1,006.523
201709 931.091 98.800 1,006.483
201712 949.056 99.400 1,019.710
201803 979.085 99.200 1,054.096
201806 952.374 99.200 1,025.338
201809 965.597 99.900 1,032.290
201812 983.478 99.700 1,053.515
201903 1,032.424 99.700 1,105.947
201906 1,006.160 99.800 1,076.732
201909 1,031.545 100.100 1,100.589
201912 1,040.417 100.500 1,105.637
202003 1,073.965 100.300 1,143.564
202006 1,044.255 99.900 1,116.381
202009 1,082.320 99.900 1,157.075
202012 1,104.596 99.300 1,188.025
202103 1,175.875 99.900 1,257.092
202106 1,151.082 99.500 1,235.533
202109 1,183.069 100.100 1,262.255
202112 1,182.193 100.100 1,261.321
202203 1,225.941 101.100 1,295.059
202206 1,206.946 101.800 1,266.226
202209 1,240.962 103.100 1,285.497
202212 1,257.182 104.100 1,289.789
202303 1,348.356 104.400 1,379.353
202306 1,337.708 105.200 1,358.053
202309 1,342.592 106.200 1,350.177
202312 1,363.434 106.800 1,363.434

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


Bunka Shutter Co  (TSE:5930) 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.

Bunka Shutter Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1769.00/1081.33
=1.64

* 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 Bunka Shutter Co was 1.75. The lowest was 0.89. And the median was 1.17.


Be Aware

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


Bunka Shutter Co Cyclically Adjusted Book per Share Related Terms

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


Bunka Shutter Co (TSE:5930) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Nishikata 1-chome, 17-3, Bunkyo-ku, Tokyo, JPN, 113-8535
Bunka Shutter Co Ltd is a building materials company that manufactures and sells shutters and construction materials in five diversified business segments. Bunka Shutter is based in Japan and primarily produces products such as light shutters, heavy-duty shutters for large-scale commercial facilities, window shutters, and sliding doors. Its second segment, construction materials, produces exterior products. Bunka operates a service business and a separate reform business, both focused on repair and maintenance services, and a refurbishment business. Lastly, the "other" business segment consists of a water sealing business, solar power business, and travel agency services. The company produces most of its revenue in Japan.

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