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GS Yuasa (TSE:6674) Cyclically Adjusted Book per Share : 円2,358.10 (As of Dec. 2023)


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What is GS Yuasa 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.

GS Yuasa's adjusted book value per share for the three months ended in Dec. 2023 was 円2,901.210. 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2,358.10 for the trailing ten years ended in Dec. 2023.

During the past 12 months, GS Yuasa'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 GS Yuasa was 7.30% per year. The lowest was 5.80% per year. And the median was 5.90% per year.

As of today (2024-06-09), GS Yuasa's current stock price is 円3209.00. GS Yuasa's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円2,358.10. GS Yuasa's Cyclically Adjusted PB Ratio of today is 1.36.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of GS Yuasa was 1.97. The lowest was 0.67. And the median was 1.25.


GS Yuasa Cyclically Adjusted Book per Share Historical Data

The historical data trend for GS Yuasa'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.

GS Yuasa Cyclically Adjusted Book per Share Chart

GS Yuasa 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 1,794.49 1,884.40 2,024.87 2,216.51 -

GS Yuasa 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 2,216.51 2,264.26 2,317.60 2,358.10 -

Competitive Comparison of GS Yuasa's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, GS Yuasa'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.


GS Yuasa's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, GS Yuasa's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



GS Yuasa 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, GS Yuasa'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)
=2901.21/106.8000*106.8000
=2,901.210

Current CPI (Dec. 2023) = 106.8000.

GS Yuasa Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,689.105 95.700 1,885.020
201406 1,663.136 98.000 1,812.479
201409 1,705.723 98.500 1,849.454
201412 1,794.821 97.900 1,957.987
201503 1,954.884 97.900 2,132.601
201506 1,932.220 98.400 2,097.166
201509 1,963.217 98.500 2,128.645
201512 1,923.377 98.100 2,093.952
201603 1,862.135 97.900 2,031.420
201606 1,793.608 98.100 1,952.674
201609 1,743.893 98.000 1,900.487
201612 1,802.790 98.400 1,956.687
201703 1,959.129 98.100 2,132.874
201706 1,952.374 98.500 2,116.889
201709 1,987.946 98.800 2,148.913
201712 2,048.911 99.400 2,201.446
201803 2,138.430 99.200 2,302.261
201806 2,092.300 99.200 2,252.597
201809 2,136.549 99.900 2,284.118
201812 2,124.128 99.700 2,275.395
201903 2,178.997 99.700 2,334.171
201906 2,118.113 99.800 2,266.678
201909 2,140.868 100.100 2,284.163
201912 2,238.736 100.500 2,379.075
202003 2,173.329 100.300 2,314.173
202006 2,155.544 99.900 2,304.425
202009 2,173.398 99.900 2,323.513
202012 2,290.333 99.300 2,463.319
202103 2,509.060 99.900 2,682.358
202106 2,491.422 99.500 2,674.210
202109 2,509.150 100.100 2,677.095
202112 2,562.378 100.100 2,733.886
202203 2,675.670 101.100 2,826.524
202206 2,776.739 101.800 2,913.121
202209 2,804.747 103.100 2,905.402
202212 2,790.265 104.100 2,862.635
202303 2,867.200 104.400 2,933.113
202306 2,938.993 105.200 2,983.693
202309 3,031.245 106.200 3,048.371
202312 2,901.210 106.800 2,901.210

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


GS Yuasa  (TSE:6674) 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.

GS Yuasa's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3209.00/2358.1
=1.36

* 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 GS Yuasa was 1.97. The lowest was 0.67. And the median was 1.25.


Be Aware

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


GS Yuasa Cyclically Adjusted Book per Share Related Terms

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


GS Yuasa (TSE:6674) Business Description

Industry
Traded in Other Exchanges
Address
1, Inobanba-cho, Nishinosho, Kisshoin, Minami-ku, Kyoto, JPN, 601-8520
GS Yuasa Corp is a Japan-based company that manufactures and distributes batteries and battery products. The firm operates in four segments: Domestic Automotive Batteries, which includes car and motorcycle batteries and automotive components; Domestic Industrial Batteries and Power Supplies, which includes alkaline stationary batteries; Overseas Automotive Batteries, which includes the sale of all battery products in overseas markets; and Automotive Lithium-Ion Batteries. More than half of the firm's revenue is generated in Japan.

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