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Imagica Group (TSE:6879) Cyclically Adjusted Book per Share : 円678.89 (As of Dec. 2023)


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What is Imagica Group 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.

Imagica Group's adjusted book value per share for the three months ended in Dec. 2023 was 円847.031. 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678.89 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Imagica Group's average Cyclically Adjusted Book Growth Rate was 5.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.70% 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 Imagica Group was 2.70% per year. The lowest was 1.50% per year. And the median was 2.10% per year.

As of today (2024-06-08), Imagica Group's current stock price is 円527.00. Imagica Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円678.89. Imagica Group's Cyclically Adjusted PB Ratio of today is 0.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Imagica Group was 1.66. The lowest was 0.50. And the median was 0.93.


Imagica Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Imagica Group'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.

Imagica Group Cyclically Adjusted Book per Share Chart

Imagica Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 591.90 600.91 599.79 619.70 651.53

Imagica Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 645.59 651.53 660.41 670.74 678.89

Competitive Comparison of Imagica Group's Cyclically Adjusted Book per Share

For the Entertainment subindustry, Imagica Group'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.


Imagica Group's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Imagica Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Imagica Group 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, Imagica Group'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)
=847.031/106.8000*106.8000
=847.031

Current CPI (Dec. 2023) = 106.8000.

Imagica Group Quarterly Data

Book Value per Share CPI Adj_Book
201403 608.468 95.700 679.043
201406 616.311 98.000 671.653
201409 626.665 98.500 679.470
201412 644.107 97.900 702.662
201503 625.070 97.900 681.895
201506 621.809 98.400 674.890
201509 609.582 98.500 660.948
201512 620.297 98.100 675.308
201603 573.391 97.900 625.517
201606 550.600 98.100 599.430
201609 549.790 98.000 599.159
201612 566.853 98.400 615.243
201703 590.893 98.100 643.296
201706 622.446 98.500 674.896
201709 632.315 98.800 683.515
201712 648.289 99.400 696.552
201803 660.787 99.200 711.412
201806 633.014 99.200 681.511
201809 632.430 99.900 676.111
201812 614.101 99.700 657.833
201903 570.901 99.700 611.557
201906 577.207 99.800 617.692
201909 577.830 100.100 616.506
201912 582.251 100.500 618.750
202003 566.445 100.300 603.154
202006 535.596 99.900 572.589
202009 470.720 99.900 503.232
202012 499.423 99.300 537.144
202103 618.686 99.900 661.418
202106 650.964 99.500 698.723
202109 672.006 100.100 716.985
202112 685.397 100.100 731.273
202203 701.631 101.100 741.189
202206 702.554 101.800 737.061
202209 746.303 103.100 773.086
202212 787.567 104.100 807.994
202303 809.828 104.400 828.445
202306 804.301 105.200 816.534
202309 820.301 106.200 824.935
202312 847.031 106.800 847.031

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


Imagica Group  (TSE:6879) 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.

Imagica Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=527.00/678.89
=0.78

* 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 Imagica Group was 1.66. The lowest was 0.50. And the median was 0.93.


Be Aware

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


Imagica Group Cyclically Adjusted Book per Share Related Terms

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


Imagica Group (TSE:6879) Business Description

Traded in Other Exchanges
N/A
Address
1-3-2 Uchisaiwaicho, Chiyoda-ku, Uchisaiwaicho Tokyu Building, 11th Floor, Tokyo, JPN, 100-0011
Imagica Group Inc is engaged in the media business. The company's business segment include Content Creation, Production Services, Media Localization, and Imaging Systems. The Content Creation segment provides rights management services. Production Services segment offers a one-stop solution for specialized creative services to meet various requests, including Shooting / Editing and Sound Services for film, TV programs, TV commercials, and promotions / DCP (Digital Cinema Package), and others. Media Localization provides dubbing, subtitling, and other media solutions for its clients, and Imaging Systems develops manufactures, import, sells and provide maintenance services for advanced equipment and software.

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