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Wacom Co (TSE:6727) Cyclically Adjusted Book per Share : 円210.18 (As of Mar. 2024)


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What is Wacom 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.

Wacom Co's adjusted book value per share for the three months ended in Mar. 2024 was 円247.640. 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210.18 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Wacom Co's average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.10% 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 Wacom Co was 8.30% per year. The lowest was 3.60% per year. And the median was 7.15% per year.

As of today (2024-06-09), Wacom Co's current stock price is 円716.00. Wacom Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円210.18. Wacom Co's Cyclically Adjusted PB Ratio of today is 3.41.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Wacom Co was 6.17. The lowest was 1.69. And the median was 3.50.


Wacom Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Wacom 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.

Wacom Co Cyclically Adjusted Book per Share Chart

Wacom 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 157.06 165.68 181.30 199.45 210.18

Wacom 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 199.45 202.72 206.36 208.72 210.18

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

For the Computer Hardware subindustry, Wacom 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.


Wacom Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wacom Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Wacom 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, Wacom 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)
=247.64/107.2000*107.2000
=247.640

Current CPI (Mar. 2024) = 107.2000.

Wacom Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 178.093 98.000 194.812
201409 186.936 98.500 203.447
201412 205.305 97.900 224.808
201503 203.225 97.900 222.530
201506 179.268 98.400 195.300
201509 185.712 98.500 202.115
201512 195.894 98.100 214.066
201603 189.061 97.900 207.021
201606 155.833 98.100 170.288
201609 151.653 98.000 165.890
201612 167.649 98.400 182.642
201703 131.531 98.100 143.732
201706 127.618 98.500 138.890
201709 137.801 98.800 149.517
201712 153.245 99.400 165.270
201803 139.609 99.200 150.868
201806 133.301 99.200 144.051
201809 147.348 99.900 158.115
201812 159.889 99.700 171.917
201903 156.552 99.700 168.329
201906 147.242 99.800 158.160
201909 159.992 100.100 171.340
201912 175.158 100.500 186.835
202003 170.754 100.300 182.501
202006 173.195 99.900 185.851
202009 203.169 99.900 218.015
202012 222.938 99.300 240.674
202103 232.004 99.900 248.957
202106 227.453 99.500 245.055
202109 244.780 100.100 262.142
202112 261.674 100.100 280.234
202203 273.645 101.100 290.156
202206 271.256 101.800 285.645
202209 276.863 103.100 287.873
202212 273.600 104.100 281.748
202303 259.154 104.400 266.104
202306 257.569 105.200 262.466
202309 266.485 106.200 268.994
202312 262.028 106.800 263.009
202403 247.640 107.200 247.640

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


Wacom Co  (TSE:6727) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=716.00/210.18
=3.41

* 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 Wacom Co was 6.17. The lowest was 1.69. And the median was 3.50.


Be Aware

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


Wacom Co Cyclically Adjusted Book per Share Related Terms

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


Wacom Co (TSE:6727) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wacom Co Ltd (TSE:6727) » Definitions » Cyclically Adjusted Book per Share
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2-510-1 Toyonodai, Kazo-shi, Saitama, JPN, 349-1148
Wacom Co Ltd is a Japan-based manufacturer of display products. The firm's operations are organized in three segments--the brands segment, which develops, manufactures, and distributes graphic design tablets used to produce film, animation, and photographs; the components segment, which sells components and modules for smartphones and tablets; and the others segment, which develops and sells computer-aided design products. The firm has operations in the United States, Europe, China, India, Taiwan, Hong Kong, and Australia.

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