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Asahi Intecc Co (TSE:7747) Cyclically Adjusted Book per Share : 円283.60 (As of Mar. 2024)


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What is Asahi Intecc 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.

Asahi Intecc Co's adjusted book value per share for the three months ended in Mar. 2024 was 円533.443. 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283.60 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Asahi Intecc Co's average Cyclically Adjusted Book Growth Rate was 19.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 21.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 19.90% 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 Asahi Intecc Co was 21.20% per year. The lowest was 17.80% per year. And the median was 19.70% per year.

As of today (2024-06-05), Asahi Intecc Co's current stock price is 円2259.50. Asahi Intecc Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円283.60. Asahi Intecc Co's Cyclically Adjusted PB Ratio of today is 7.97.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Asahi Intecc Co was 27.40. The lowest was 7.53. And the median was 20.06.


Asahi Intecc Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Asahi Intecc 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.

Asahi Intecc Co Cyclically Adjusted Book per Share Chart

Asahi Intecc Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 117.83 139.27 162.98 202.28 248.10

Asahi Intecc 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 236.51 248.10 260.46 272.00 283.60

Competitive Comparison of Asahi Intecc Co's Cyclically Adjusted Book per Share

For the Medical Instruments & Supplies subindustry, Asahi Intecc 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.


Asahi Intecc Co's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Asahi Intecc Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Asahi Intecc 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, Asahi Intecc 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)
=533.443/107.2000*107.2000
=533.443

Current CPI (Mar. 2024) = 107.2000.

Asahi Intecc Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 100.378 98.000 109.801
201409 105.730 98.500 115.069
201412 116.399 97.900 127.456
201503 123.153 97.900 134.852
201506 127.064 98.400 138.427
201509 114.637 98.500 124.762
201512 122.601 98.100 133.974
201603 127.962 97.900 140.118
201606 127.551 98.100 139.383
201609 129.220 98.000 141.351
201612 144.789 98.400 157.738
201703 153.675 98.100 167.930
201706 173.143 98.500 188.436
201709 179.815 98.800 195.103
201712 193.526 99.400 208.712
201803 202.582 99.200 218.919
201806 207.368 99.200 224.091
201809 215.076 99.900 230.792
201812 231.584 99.700 249.005
201903 247.103 99.700 265.691
201906 251.393 99.800 270.033
201909 254.904 100.100 272.984
201912 268.362 100.500 286.253
202003 273.090 100.300 291.877
202006 276.139 99.900 296.317
202009 274.851 99.900 294.935
202012 285.152 99.300 307.838
202103 300.873 99.900 322.859
202106 349.339 99.500 376.373
202109 388.137 100.100 415.667
202112 403.073 100.100 431.663
202203 420.692 101.100 446.075
202206 439.785 101.800 463.113
202209 444.549 103.100 462.227
202212 453.712 104.100 467.223
202303 471.858 104.400 484.513
202306 487.107 105.200 496.368
202309 497.876 106.200 502.564
202312 508.228 106.800 510.131
202403 533.443 107.200 533.443

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


Asahi Intecc Co  (TSE:7747) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2259.50/283.6
=7.97

* 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 Asahi Intecc Co was 27.40. The lowest was 7.53. And the median was 20.06.


Be Aware

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


Asahi Intecc Co Cyclically Adjusted Book per Share Related Terms

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


Asahi Intecc Co (TSE:7747) Business Description

Traded in Other Exchanges
Address
1703 Wakita-cho, Nagoya, JPN
Asahi Intecc Co Ltd develops, manufactures, and sells medical devices. The firm operates in two segments: medical and device. The medical segment generates the vast majority of revenue and sells a range of guide wires and catheters for treatment and examination. The device segment sells components to medical and industrial companies, such as hollow cable tubes, catheter delivery systems, and stainless steel rope. Asahi's products are used in a variety of industries, including the medical, construction, automobile, office automation equipment, and electric appliance industries. Asahi generates the largest proportion of its revenue in Japan.

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