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Paramount Bed Holdings Co (TSE:7817) Cyclically Adjusted Book per Share : 円1,892.48 (As of Dec. 2023)


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What is Paramount Bed Holdings 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.

Paramount Bed Holdings Co's adjusted book value per share for the three months ended in Dec. 2023 was 円2,283.988. 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1,892.48 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Paramount Bed Holdings Co'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 Paramount Bed Holdings Co was 7.60% per year. The lowest was 7.60% per year. And the median was 7.60% per year.

As of today (2024-06-05), Paramount Bed Holdings Co's current stock price is 円2732.00. Paramount Bed Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,892.48. Paramount Bed Holdings Co's Cyclically Adjusted PB Ratio of today is 1.44.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Paramount Bed Holdings Co was 1.68. The lowest was 1.18. And the median was 1.41.


Paramount Bed Holdings Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Paramount Bed Holdings 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.

Paramount Bed Holdings Co Cyclically Adjusted Book per Share Chart

Paramount Bed Holdings 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 1,436.68 1,511.85 1,645.05 1,787.28 -

Paramount Bed Holdings 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 1,787.28 1,822.15 1,861.24 1,892.48 -

Competitive Comparison of Paramount Bed Holdings Co's Cyclically Adjusted Book per Share

For the Medical Instruments & Supplies subindustry, Paramount Bed Holdings 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.


Paramount Bed Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

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

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



Paramount Bed Holdings 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, Paramount Bed Holdings Co'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)
=2283.988/106.8000*106.8000
=2,283.988

Current CPI (Dec. 2023) = 106.8000.

Paramount Bed Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,345.684 95.700 1,501.766
201406 1,355.985 98.000 1,477.747
201409 1,322.958 98.500 1,434.436
201412 1,347.334 97.900 1,469.819
201503 1,453.410 97.900 1,585.538
201506 1,444.712 98.400 1,568.041
201509 1,429.172 98.500 1,549.600
201512 1,428.712 98.100 1,555.417
201603 1,494.340 97.900 1,630.189
201606 1,473.912 98.100 1,604.626
201609 1,507.175 98.000 1,642.513
201612 1,481.101 98.400 1,607.536
201703 1,600.439 98.100 1,742.374
201706 1,608.134 98.500 1,743.642
201709 1,653.256 98.800 1,787.123
201712 1,726.533 99.400 1,855.068
201803 1,726.927 99.200 1,859.232
201806 1,737.980 99.200 1,871.132
201809 1,797.263 99.900 1,921.398
201812 1,785.235 99.700 1,912.368
201903 1,800.227 99.700 1,928.428
201906 1,793.458 99.800 1,919.252
201909 1,827.836 100.100 1,950.179
201912 1,831.573 100.500 1,946.388
202003 1,841.950 100.300 1,961.319
202006 1,842.793 99.900 1,970.073
202009 1,869.769 99.900 1,998.912
202012 1,891.687 99.300 2,034.564
202103 1,958.204 99.900 2,093.455
202106 1,978.557 99.500 2,123.717
202109 2,025.507 100.100 2,161.080
202112 2,054.169 100.100 2,191.661
202203 2,092.467 101.100 2,210.440
202206 2,137.988 101.800 2,242.997
202209 2,194.068 103.100 2,272.808
202212 2,175.719 104.100 2,232.150
202303 2,207.836 104.400 2,258.591
202306 2,249.164 105.200 2,283.372
202309 2,303.067 106.200 2,316.079
202312 2,283.988 106.800 2,283.988

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


Paramount Bed Holdings Co  (TSE:7817) 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.

Paramount Bed Holdings Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2732.00/1892.48
=1.44

* 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 Paramount Bed Holdings Co was 1.68. The lowest was 1.18. And the median was 1.41.


Be Aware

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


Paramount Bed Holdings Co Cyclically Adjusted Book per Share Related Terms

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


Paramount Bed Holdings Co (TSE:7817) Business Description

Traded in Other Exchanges
N/A
Address
14-5, Higashisuna, 2-chome, Koto-ku, Tokyo, JPN, 136-8671
Paramount Bed Holdings Co Ltd manufactures medical and nursing care products. Its acute care business sells products to intensive care units and other acute care facilities to relieve patient discomfort and prevent secondary infections. The long-term care business sells products used at long-term medical care facilities and nursing homes. The residential and nursing care business sells products to nurses and home-care helpers. The sleep and wellness business sells products to help customers sleep soundly, which include custom-made mattresses. The maintenance business provides bed maintenance and cleaning services. Paramount Bed generates the vast majority of its revenue in Japan.

Paramount Bed Holdings Co (TSE:7817) Headlines

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