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Mitsubishi Logisnext Co (TSE:7105) Cyclically Adjusted Book per Share : 円638.15 (As of Mar. 2024)


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What is Mitsubishi Logisnext 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.

Mitsubishi Logisnext Co's adjusted book value per share for the three months ended in Mar. 2024 was 円1,096.908. 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638.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mitsubishi Logisnext Co's average Cyclically Adjusted Book Growth Rate was 11.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.80% 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 Mitsubishi Logisnext Co was 8.10% per year. The lowest was 3.70% per year. And the median was 4.40% per year.

As of today (2024-05-19), Mitsubishi Logisnext Co's current stock price is 円1687.00. Mitsubishi Logisnext Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円638.15. Mitsubishi Logisnext Co's Cyclically Adjusted PB Ratio of today is 2.64.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mitsubishi Logisnext Co was 3.47. The lowest was 1.14. And the median was 2.16.


Mitsubishi Logisnext Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mitsubishi Logisnext 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.

Mitsubishi Logisnext Co Cyclically Adjusted Book per Share Chart

Mitsubishi Logisnext 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 493.90 504.63 527.84 572.13 638.15

Mitsubishi Logisnext 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 572.13 586.43 604.70 620.91 638.15

Competitive Comparison of Mitsubishi Logisnext Co's Cyclically Adjusted Book per Share

For the Farm & Heavy Construction Machinery subindustry, Mitsubishi Logisnext 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.


Mitsubishi Logisnext Co's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Mitsubishi Logisnext Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mitsubishi Logisnext 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, Mitsubishi Logisnext 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)
=1096.908/107.2000*107.2000
=1,096.908

Current CPI (Mar. 2024) = 107.2000.

Mitsubishi Logisnext Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 450.622 98.000 492.925
201409 484.891 98.500 527.719
201412 523.794 97.900 573.552
201503 528.188 97.900 578.363
201506 541.986 98.400 590.456
201509 539.834 98.500 587.515
201512 552.617 98.100 603.879
201603 533.066 97.900 583.705
201606 485.510 98.100 530.547
201609 482.487 98.000 527.782
201612 544.810 98.400 593.533
201703 547.223 98.100 597.985
201706 554.637 98.500 603.625
201709 578.617 98.800 627.811
201712 588.653 99.400 634.845
201803 568.144 99.200 613.962
201806 575.566 99.200 621.983
201809 616.076 99.900 661.095
201812 598.752 99.700 643.794
201903 621.408 99.700 668.154
201906 582.733 99.800 625.942
201909 585.738 100.100 627.284
201912 620.058 100.500 661.395
202003 517.202 100.300 552.782
202006 488.929 99.900 524.657
202009 479.988 99.900 515.062
202012 481.505 99.300 519.812
202103 517.045 99.900 554.827
202106 518.146 99.500 558.244
202109 525.301 100.100 562.560
202112 551.177 100.100 590.271
202203 594.572 101.100 630.446
202206 652.536 101.800 687.150
202209 690.017 103.100 717.457
202212 661.682 104.100 681.386
202303 709.779 104.400 728.815
202306 840.648 105.200 856.630
202309 966.624 106.200 975.726
202312 991.522 106.800 995.236
202403 1,096.908 107.200 1,096.908

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


Mitsubishi Logisnext Co  (TSE:7105) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1687.00/638.15
=2.64

* 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 Mitsubishi Logisnext Co was 3.47. The lowest was 1.14. And the median was 2.16.


Be Aware

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


Mitsubishi Logisnext Co Cyclically Adjusted Book per Share Related Terms

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


Mitsubishi Logisnext Co (TSE:7105) Business Description

Traded in Other Exchanges
N/A
Address
2-1-1 Higashikotari, Nagaokakyo-shi, Kyoto, JPN, 617-8585
Mitsubishi Logisnext Co Ltd is the manufacturer of material handling equipment. Principally, it is engaged in the development, design, manufacture, and sale of electric and engine-powered forklifts, transportation robots, automated warehouses, local area network and other logistics equipment and systems, electric vehicles, and monorails. The company offers trucks, electric counterbalanced trucks, low lifters, loaders, order pickers, multi-directional trucks, lateral stacking trucks, stackers, power pallet trucks, and towing tractors.

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