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Daifuku Co (TSE:6383) Cyclically Adjusted Book per Share : 円606.15 (As of Mar. 2024)


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What is Daifuku 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.

Daifuku Co's adjusted book value per share for the three months ended in Mar. 2024 was 円966.972. 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606.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Daifuku 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 Daifuku Co was 13.50% per year. The lowest was 10.50% per year. And the median was 11.60% per year.

As of today (2024-05-24), Daifuku Co's current stock price is 円2910.00. Daifuku Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円606.15. Daifuku Co's Cyclically Adjusted PB Ratio of today is 4.80.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Daifuku Co was 11.24. The lowest was 4.11. And the median was 6.08.


Daifuku Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Daifuku 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.

Daifuku Co Cyclically Adjusted Book per Share Chart

Daifuku 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 362.98 402.25 456.81 531.00 606.15

Daifuku 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 531.00 549.75 569.65 587.94 606.15

Competitive Comparison of Daifuku Co's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Daifuku 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.


Daifuku Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Daifuku 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, Daifuku 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)
=966.972/107.2000*107.2000
=966.972

Current CPI (Mar. 2024) = 107.2000.

Daifuku Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 287.339 98.000 314.314
201409 297.328 98.500 323.589
201412 314.483 97.900 344.357
201503 324.250 97.900 355.052
201506 330.068 98.400 359.586
201509 338.060 98.500 367.919
201512 356.050 98.100 389.078
201603 348.129 97.900 381.199
201606 338.714 98.100 370.134
201609 339.835 98.000 371.738
201612 354.771 98.400 386.498
201703 380.712 98.100 416.028
201706 385.423 98.500 419.465
201709 408.393 98.800 443.115
201712 476.702 99.400 514.109
201803 497.896 99.200 538.049
201806 501.174 99.200 541.591
201809 532.702 99.900 571.628
201812 552.769 99.700 594.351
201903 579.395 99.700 622.980
201906 572.485 99.800 614.934
201909 587.568 100.100 629.244
201912 598.177 100.500 638.055
202003 616.755 100.300 659.184
202006 615.182 99.900 660.135
202009 637.477 99.900 684.059
202012 649.158 99.300 700.803
202103 680.021 99.900 729.712
202106 698.921 99.500 753.008
202109 716.896 100.100 767.745
202112 731.230 100.100 783.095
202203 769.127 101.100 815.533
202206 783.349 101.800 824.902
202209 840.958 103.100 874.401
202212 870.289 104.100 896.205
202303 878.233 104.400 901.787
202306 879.143 105.200 895.857
202309 892.427 106.200 900.830
202312 921.279 106.800 924.729
202403 966.972 107.200 966.972

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


Daifuku Co  (TSE:6383) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2910.00/606.15
=4.80

* 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 Daifuku Co was 11.24. The lowest was 4.11. And the median was 6.08.


Be Aware

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


Daifuku Co Cyclically Adjusted Book per Share Related Terms

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


Daifuku Co (TSE:6383) Business Description

Industry
Traded in Other Exchanges
Address
3-2-11, Mitejima, Nishiyodogawa-ku,, Osaka, JPN, 555-0012
Daifuku provides manufacturing, engineering, design, installation, and after-sales services for material handling equipment and logistics systems. Its solutions are categorized into six segments: factory and distribution automation solutions (automated warehousing, automated storage and transport systems, sorting systems, and so on), cleanroom automation solutions for semiconductor/FPD production, automotive factory automation solutions, airport baggage handling solutions, industrial computers/controllers, and car-washing machines. The company was founded in 1937 and is headquartered in Osaka, Japan.

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