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Kosaido Holdings Co (TSE:7868) Cyclically Adjusted Book per Share : 円242.78 (As of Dec. 2023)


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What is Kosaido 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.

Kosaido Holdings Co's adjusted book value per share for the three months ended in Dec. 2023 was 円296.402. 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242.78 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Kosaido 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 Kosaido Holdings Co was 9.80% per year. The lowest was 8.50% per year. And the median was 9.10% per year.

As of today (2024-06-06), Kosaido Holdings Co's current stock price is 円604.00. Kosaido Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円242.78. Kosaido Holdings Co's Cyclically Adjusted PB Ratio of today is 2.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kosaido Holdings Co was 3.29. The lowest was 0.45. And the median was 0.94.


Kosaido Holdings Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kosaido 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.

Kosaido Holdings Co Cyclically Adjusted Book per Share Chart

Kosaido 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 174.21 190.24 209.53 230.76 -

Kosaido 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 230.76 234.84 239.21 242.78 -

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

For the Specialty Business Services subindustry, Kosaido 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.


Kosaido Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Kosaido Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kosaido 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, Kosaido 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)
=296.402/106.8000*106.8000
=296.402

Current CPI (Dec. 2023) = 106.8000.

Kosaido Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 189.346 95.700 211.308
201406 192.694 98.000 209.997
201409 192.220 98.500 208.417
201412 193.970 97.900 211.604
201503 199.098 97.900 217.198
201506 194.843 98.400 211.476
201509 189.248 98.500 205.195
201512 192.420 98.100 209.485
201603 194.389 97.900 212.061
201606 192.631 98.100 209.714
201609 191.892 98.000 209.123
201612 188.232 98.400 204.301
201703 193.997 98.100 211.202
201706 194.294 98.500 210.666
201709 192.528 98.800 208.117
201712 221.636 99.400 238.136
201803 222.848 99.200 239.921
201806 220.721 99.200 237.631
201809 222.880 99.900 238.274
201812 219.798 99.700 235.451
201903 217.837 99.700 233.350
201906 214.995 99.800 230.075
201909 213.036 100.100 227.295
201912 217.693 100.500 231.339
202003 247.903 100.300 263.968
202006 244.619 99.900 261.515
202009 244.602 99.900 261.496
202012 243.759 99.300 262.170
202103 252.952 99.900 270.423
202106 254.301 99.500 272.958
202109 262.780 100.100 280.369
202112 271.479 100.100 289.650
202203 262.366 101.100 277.158
202206 264.946 101.800 277.959
202209 268.921 103.100 278.572
202212 273.681 104.100 280.779
202303 289.200 104.400 295.848
202306 284.118 105.200 288.439
202309 290.521 106.200 292.162
202312 296.402 106.800 296.402

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


Kosaido Holdings Co  (TSE:7868) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=604.00/242.78
=2.49

* 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 Kosaido Holdings Co was 3.29. The lowest was 0.45. And the median was 0.94.


Be Aware

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


Kosaido Holdings Co Cyclically Adjusted Book per Share Related Terms

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


Kosaido Holdings Co (TSE:7868) Business Description

Traded in Other Exchanges
N/A
Address
1-2-3 Shibaura, Minato-ku, Seavans S Building, 13th Floor, Tokyo, JPN, 105-8318
Kosaido Holdings Co Ltd operates in three business areas. The Information solution business includes Offset printing, Newspaper printing, Digital printing, Package printing, Digital solution, Campaign solution, Eco business, Exhibition business, and BPO service. The Human resources service business includes Recruiting media, Recruiting media agency, Free paper rack agency, Published an environmental information magazine, Temporary staffing, Recruitment, Overseas human resources service, Human resource development/education/training, RPO / recruitment outsourcing, HR Tech Service. The Ending related business includes Crematorium management and ceremonial hall provision, Funeral DX Crematorium management contract business, and Senior-related business.

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