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CAREERLINK CO (TSE:6070) Cyclically Adjusted Book per Share : 円421.69 (As of Dec. 2023)


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What is CAREERLINK 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.

CAREERLINK CO's adjusted book value per share for the three months ended in Dec. 2023 was 円1,146.237. 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421.69 for the trailing ten years ended in Dec. 2023.

During the past 12 months, CAREERLINK CO's average Cyclically Adjusted Book Growth Rate was 32.60% 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.

As of today (2024-06-10), CAREERLINK CO's current stock price is 円2399.00. CAREERLINK CO's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円421.69. CAREERLINK CO's Cyclically Adjusted PB Ratio of today is 5.69.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of CAREERLINK CO was 10.65. The lowest was 5.31. And the median was 7.17.


CAREERLINK CO Cyclically Adjusted Book per Share Historical Data

The historical data trend for CAREERLINK 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.

CAREERLINK CO Cyclically Adjusted Book per Share Chart

CAREERLINK CO Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21
Cyclically Adjusted Book per Share
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CAREERLINK CO Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 317.90 343.31 368.55 395.09 421.69

Competitive Comparison of CAREERLINK CO's Cyclically Adjusted Book per Share

For the Staffing & Employment Services subindustry, CAREERLINK 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.


CAREERLINK CO's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CAREERLINK CO's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



CAREERLINK 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, CAREERLINK 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)
=1146.237/106.8000*106.8000
=1,146.237

Current CPI (Dec. 2023) = 106.8000.

CAREERLINK CO Quarterly Data

Book Value per Share CPI Adj_Book
201311 146.949 95.500 164.337
201402 144.630 95.500 161.743
201405 143.067 98.100 155.755
201408 155.679 98.300 169.141
201411 168.233 97.900 183.527
201502 174.813 97.600 191.291
201505 173.944 98.700 188.219
201508 183.639 98.400 199.316
201511 196.876 98.100 214.336
201602 212.265 97.800 231.799
201605 221.266 98.200 240.644
201608 232.665 97.900 253.816
201611 242.553 98.600 262.725
201702 255.742 98.100 278.422
201705 256.294 98.600 277.609
201708 261.355 98.500 283.378
201711 270.984 99.100 292.039
201802 273.311 99.500 293.363
201805 261.656 99.300 281.419
201808 261.090 99.800 279.403
201811 262.935 100.000 280.815
201902 274.264 99.700 293.795
201905 273.787 100.000 292.405
201908 285.697 100.000 305.124
201911 300.096 100.500 318.908
202002 309.515 100.300 329.573
202005 328.494 100.100 350.481
202008 366.305 100.100 390.823
202011 419.765 99.500 450.562
202102 460.460 99.800 492.757
202105 485.272 99.400 521.399
202108 522.955 99.700 560.197
202111 569.319 100.100 607.425
202206 713.653 101.800 748.705
202209 805.217 103.100 834.114
202212 974.896 104.100 1,000.181
202303 1,134.965 104.400 1,161.056
202306 1,070.505 105.200 1,086.786
202309 1,087.873 106.200 1,094.019
202312 1,146.237 106.800 1,146.237

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


CAREERLINK CO  (TSE:6070) 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.

CAREERLINK CO's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2399.00/421.69
=5.69

* 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 10 years, the highest Cyclically Adjusted PB Ratio of CAREERLINK CO was 10.65. The lowest was 5.31. And the median was 7.17.


Be Aware

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


CAREERLINK CO Cyclically Adjusted Book per Share Related Terms

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


CAREERLINK CO (TSE:6070) Business Description

Industry
Traded in Other Exchanges
N/A
Address
33rd Floor, Shinjuku Mitsui Building, 2-1-1, Nishi Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-0433
CAREERLINK CO LTD provides human resources services in Japan. The company offers temporary staffing and outsourcing services for manufacturing and distribution companies. It supplies temporary workers for office work; helps companies with recruiting office workers; and performs outsourced tasks and provides other services. Its business comprises of BPO related business, CRM related business, General administrative business and Cleaning business of food processing, manufacturing processing buildings and hotels.

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