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Kurita Water Industries (TSE:6370) Cyclically Adjusted Book per Share : 円2,341.51 (As of Mar. 2024)


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What is Kurita Water Industries 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.

Kurita Water Industries's adjusted book value per share for the three months ended in Mar. 2024 was 円2,947.739. 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2,341.51 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kurita Water Industries's average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.80% 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 Kurita Water Industries was 5.90% per year. The lowest was 3.40% per year. And the median was 4.05% per year.

As of today (2024-06-08), Kurita Water Industries's current stock price is 円6614.00. Kurita Water Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円2,341.51. Kurita Water Industries's Cyclically Adjusted PB Ratio of today is 2.82.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kurita Water Industries was 3.06. The lowest was 1.15. And the median was 2.14.


Kurita Water Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kurita Water Industries'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.

Kurita Water Industries Cyclically Adjusted Book per Share Chart

Kurita Water Industries 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 1,920.09 1,968.88 2,054.84 2,200.05 2,341.51

Kurita Water Industries 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 2,200.05 2,235.99 2,277.67 2,310.32 2,341.51

Competitive Comparison of Kurita Water Industries's Cyclically Adjusted Book per Share

For the Pollution & Treatment Controls subindustry, Kurita Water Industries'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.


Kurita Water Industries's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kurita Water Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kurita Water Industries's Cyclically Adjusted PB Ratio falls into.



Kurita Water Industries 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, Kurita Water Industries'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)
=2947.739/107.2000*107.2000
=2,947.739

Current CPI (Mar. 2024) = 107.2000.

Kurita Water Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,818.586 98.000 1,989.310
201409 1,859.723 98.500 2,023.983
201412 1,874.484 97.900 2,052.550
201503 1,907.765 97.900 2,088.993
201506 1,883.610 98.400 2,052.063
201509 1,905.868 98.500 2,074.204
201512 1,941.934 98.100 2,122.073
201603 1,961.273 97.900 2,147.584
201606 1,945.576 98.100 2,126.052
201609 1,911.616 98.000 2,091.074
201612 1,926.479 98.400 2,098.766
201703 1,991.879 98.100 2,176.651
201706 1,994.026 98.500 2,170.148
201709 2,050.193 98.800 2,224.501
201712 2,095.831 99.400 2,260.293
201803 2,113.177 99.200 2,283.595
201806 2,071.209 99.200 2,238.242
201809 2,144.128 99.900 2,300.806
201812 2,074.611 99.700 2,230.675
201903 2,113.306 99.700 2,272.281
201906 2,118.881 99.800 2,275.992
201909 2,160.812 100.100 2,314.076
201912 2,201.915 100.500 2,348.709
202003 2,158.955 100.300 2,307.477
202006 2,094.242 99.900 2,247.275
202009 2,155.865 99.900 2,313.401
202012 2,184.539 99.300 2,358.334
202103 2,252.844 99.900 2,417.466
202106 2,244.664 99.500 2,418.372
202109 2,273.789 100.100 2,435.067
202112 2,318.883 100.100 2,483.359
202203 2,419.551 101.100 2,565.538
202206 2,540.104 101.800 2,674.844
202209 2,640.120 103.100 2,745.110
202212 2,596.234 104.100 2,673.547
202303 2,615.389 104.400 2,685.534
202306 2,720.290 105.200 2,772.007
202309 2,808.642 106.200 2,835.089
202312 2,807.196 106.800 2,817.710
202403 2,947.739 107.200 2,947.739

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


Kurita Water Industries  (TSE:6370) 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.

Kurita Water Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6614.00/2341.51
=2.82

* 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 Kurita Water Industries was 3.06. The lowest was 1.15. And the median was 2.14.


Be Aware

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


Kurita Water Industries Cyclically Adjusted Book per Share Related Terms

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


Kurita Water Industries (TSE:6370) Business Description

Traded in Other Exchanges
Address
Nakano Central Park East , 4-10-1, Nakano-ku, Tokyo, JPN, 164-0001
Kurita Water Industries Ltd. is a provider of water treatment solutions in Japan. It operates through two segments, The Water Treatment Chemical segment, and The Water Treatment Equipment segment. The Water Treatment Chemical segment sells water treatment-related chemicals, for air conditioning, petroleum refining, pulp and paper processing-related applications. The Water Treatment Equipment segment manufactures and sells water production systems, drinking water treatment equipment, water and wastewater treatment equipment for various industries. Additionally, the segment is also responsible for supplying ultrapure water, the provision of maintenance service and the operation of water treatment facilities.

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