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C. E. Management Integrated Laboratory Co (TSE:6171) Cyclically Adjusted Book per Share : 円271.11 (As of Mar. 2024)


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What is C. E. Management Integrated Laboratory 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.

C. E. Management Integrated Laboratory Co's adjusted book value per share data for the fiscal year that ended in Dec. 2023 was 円326.031. 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271.11 for the trailing ten years ended in Dec. 2023.

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 (2024-06-12), C. E. Management Integrated Laboratory Co's current stock price is 円 325.00. C. E. Management Integrated Laboratory Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2023 was 円271.11. C. E. Management Integrated Laboratory Co's Cyclically Adjusted PB Ratio of today is 1.20.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of C. E. Management Integrated Laboratory Co was 1.25. The lowest was 1.20. And the median was 1.23.


C. E. Management Integrated Laboratory Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for C. E. Management Integrated Laboratory 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.

C. E. Management Integrated Laboratory Co Cyclically Adjusted Book per Share Chart

C. E. Management Integrated Laboratory Co 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 - - - - 271.11

C. E. Management Integrated Laboratory 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 - - - 271.11 -

Competitive Comparison of C. E. Management Integrated Laboratory Co's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, C. E. Management Integrated Laboratory 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.


C. E. Management Integrated Laboratory Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, C. E. Management Integrated Laboratory Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where C. E. Management Integrated Laboratory Co's Cyclically Adjusted PB Ratio falls into.



C. E. Management Integrated Laboratory 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, C. E. Management Integrated Laboratory Co's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2023 was:

Adj_Book=Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=326.031/106.8000*106.8000
=326.031

Current CPI (Dec. 2023) = 106.8000.

C. E. Management Integrated Laboratory Co Annual Data

Book Value per Share CPI Adj_Book
201412 117.363 97.900 128.032
201512 185.761 98.100 202.235
201612 201.061 98.400 218.225
201712 230.267 99.400 247.410
201812 277.709 99.700 297.486
201912 291.716 100.500 310.003
202012 301.684 99.300 324.470
202112 306.622 100.100 327.145
202212 321.754 104.100 330.099
202312 326.031 106.800 326.031

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


C. E. Management Integrated Laboratory Co  (TSE:6171) 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.

C. E. Management Integrated Laboratory Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=325.00/271.11
=1.20

* 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 C. E. Management Integrated Laboratory Co was 1.25. The lowest was 1.20. And the median was 1.23.


Be Aware

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


C. E. Management Integrated Laboratory Co Cyclically Adjusted Book per Share Related Terms

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


C. E. Management Integrated Laboratory Co (TSE:6171) Business Description

Traded in Other Exchanges
N/A
Address
Amamiya 2347-3, Nagano prefecture, Chikuma, JPN, 388-8006
C. E. Management Integrated Laboratory Co Ltd is engaged in civil engineering and construction work. It also provides ground survey, geological survey, environmental research, disaster prevention system and informatization construction. It also engaged in the examination of soil, aggregate, rock, internet sales business of measuring instruments, measuring items, materials development of test equipment.

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