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MrMax Holdings (TSE:8203) Cyclically Adjusted Book per Share : 円794.94 (As of Feb. 2024)


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What is MrMax Holdings 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.

MrMax Holdings's adjusted book value per share for the three months ended in Feb. 2024 was 円1,026.434. 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794.94 for the trailing ten years ended in Feb. 2024.

During the past 12 months, MrMax Holdings's average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.80% 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 MrMax Holdings was 5.50% per year. The lowest was 2.10% per year. And the median was 3.70% per year.

As of today (2024-05-26), MrMax Holdings's current stock price is 円649.00. MrMax Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円794.94. MrMax Holdings's Cyclically Adjusted PB Ratio of today is 0.82.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of MrMax Holdings was 1.43. The lowest was 0.41. And the median was 0.83.


MrMax Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for MrMax Holdings'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.

MrMax Holdings Cyclically Adjusted Book per Share Chart

MrMax Holdings Annual Data
Trend Mar14 Mar15 Mar16 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 669.29 677.67 701.45 747.22 794.94

MrMax Holdings Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 747.22 761.03 773.41 787.51 794.94

Competitive Comparison of MrMax Holdings's Cyclically Adjusted Book per Share

For the Discount Stores subindustry, MrMax Holdings'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.


MrMax Holdings's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, MrMax Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



MrMax Holdings 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, MrMax Holdings's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=1026.434/106.9000*106.9000
=1,026.434

Current CPI (Feb. 2024) = 106.9000.

MrMax Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 643.476 95.700 718.784
201406 633.838 98.000 691.401
201409 633.386 98.500 687.401
201412 643.385 97.900 702.532
201503 552.365 97.900 603.144
201506 559.864 98.400 608.226
201509 568.418 98.500 616.892
201512 595.827 98.100 649.275
201603 577.654 97.900 630.758
201606 577.564 98.100 629.374
201609 594.100 98.000 648.054
201612 611.871 98.400 664.726
201705 621.685 98.600 674.018
201708 641.174 98.500 695.853
201711 663.193 99.100 715.392
201802 674.680 99.500 724.857
201805 684.259 99.300 736.629
201808 701.731 99.800 751.654
201811 707.764 100.000 756.600
201902 724.246 99.700 776.549
201905 716.870 100.000 766.334
201908 727.715 100.000 777.927
201911 729.957 100.500 776.442
202002 743.879 100.300 792.828
202005 757.134 100.100 808.568
202008 795.514 100.100 849.555
202011 812.255 99.500 872.664
202102 838.322 99.800 897.962
202105 831.784 99.400 894.544
202108 857.301 99.700 919.212
202111 872.197 100.100 931.447
202202 894.677 100.700 949.761
202205 891.669 101.800 936.340
202208 924.176 102.700 961.971
202211 946.623 103.900 973.956
202302 976.784 104.000 1,004.021
202305 963.067 105.100 979.561
202308 988.321 105.900 997.654
202311 998.448 106.900 998.448
202402 1,026.434 106.900 1,026.434

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


MrMax Holdings  (TSE:8203) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=649.00/794.94
=0.82

* 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 MrMax Holdings was 1.43. The lowest was 0.41. And the median was 0.83.


Be Aware

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


MrMax Holdings Cyclically Adjusted Book per Share Related Terms

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


MrMax Holdings (TSE:8203) Business Description

Traded in Other Exchanges
N/A
Address
1-5-7 Matsuda, Higashi-ku, Fukuoka, JPN, 812-0064
MrMax Holdings Ltd is an online and physical discount store that sells household and consumer products. The company offers products such as T.V, phones, kitchen and household electronic appliances, sanitary products, clothes, sports goods, foods, and beverages, carry cases, and others.

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