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AEON Mall Co (TSE:8905) Cyclically Adjusted Book per Share : 円1,771.50 (As of Feb. 2024)


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What is AEON Mall 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.

AEON Mall Co's adjusted book value per share for the three months ended in Feb. 2024 was 円2,040.491. 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1,771.50 for the trailing ten years ended in Feb. 2024.

During the past 12 months, AEON Mall Co's average Cyclically Adjusted Book Growth Rate was 7.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.90% 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 AEON Mall Co was 7.50% per year. The lowest was 6.30% per year. And the median was 6.75% per year.

As of today (2024-06-01), AEON Mall Co's current stock price is 円1891.50. AEON Mall Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円1,771.50. AEON Mall Co's Cyclically Adjusted PB Ratio of today is 1.07.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AEON Mall Co was 2.15. The lowest was 0.84. And the median was 1.16.


AEON Mall Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for AEON Mall 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.

AEON Mall Co Cyclically Adjusted Book per Share Chart

AEON Mall Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,359.37 1,426.57 1,519.15 1,655.89 1,771.50

AEON Mall Co 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 1,655.89 1,691.66 1,722.46 1,756.75 1,771.50

Competitive Comparison of AEON Mall Co's Cyclically Adjusted Book per Share

For the Real Estate - Diversified subindustry, AEON Mall 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.


AEON Mall Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, AEON Mall Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



AEON Mall 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, AEON Mall Co'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)
=2040.491/106.9000*106.9000
=2,040.491

Current CPI (Feb. 2024) = 106.9000.

AEON Mall Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 1,297.171 98.100 1,413.533
201408 1,312.751 98.300 1,427.600
201411 1,364.207 97.900 1,489.619
201502 1,438.991 97.600 1,576.108
201505 1,450.571 98.700 1,571.084
201508 1,479.805 98.400 1,607.634
201511 1,457.665 98.100 1,588.424
201602 1,482.632 97.800 1,620.587
201605 1,474.845 98.200 1,605.508
201608 1,413.445 97.900 1,543.384
201611 1,417.825 98.600 1,537.175
201702 1,539.949 98.100 1,678.089
201705 1,529.774 98.600 1,658.548
201708 1,563.579 98.500 1,696.920
201711 1,583.175 99.100 1,707.784
201802 1,643.210 99.500 1,765.419
201805 1,620.074 99.300 1,744.068
201808 1,650.487 99.800 1,767.906
201811 1,660.005 100.000 1,774.545
201902 1,685.854 99.700 1,807.601
201905 1,663.828 100.000 1,778.632
201908 1,663.502 100.000 1,778.284
201911 1,660.658 100.500 1,766.411
202002 1,731.311 100.300 1,845.236
202005 1,605.201 100.100 1,714.246
202008 1,642.024 100.100 1,753.570
202011 1,637.700 99.500 1,759.499
202102 1,658.328 99.800 1,776.305
202105 1,743.241 99.400 1,874.773
202108 1,762.378 99.700 1,889.651
202111 1,772.530 100.100 1,892.942
202202 1,830.350 100.700 1,943.043
202205 1,909.741 101.800 2,005.416
202208 2,028.894 102.700 2,111.867
202211 2,061.735 103.900 2,121.265
202302 1,935.888 104.000 1,989.869
202305 1,975.588 105.100 2,009.423
202308 2,090.742 105.900 2,110.485
202311 2,116.929 106.900 2,116.929
202402 2,040.491 106.900 2,040.491

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


AEON Mall Co  (TSE:8905) 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.

AEON Mall Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1891.50/1771.5
=1.07

* 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 AEON Mall Co was 2.15. The lowest was 0.84. And the median was 1.16.


Be Aware

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


AEON Mall Co Cyclically Adjusted Book per Share Related Terms

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


AEON Mall Co (TSE:8905) Business Description

Industry
Traded in Other Exchanges
Address
1-5-1 Nakase, Mihama-ku, Chiba-shi, Chiba, JPN, 261-8539
AEON Mall Co Ltd is a mall and shopping center real estate company in Japan. The company's operations can be divided into three core businesses: development of large-scale shopping malls, tenant leasing, and operation/management of shopping malls. These businesses design, develop, construct, and operate large-scale shopping malls. The company also offers leasing services and develops and revitalizes shopping malls and local commercial facilities. The vast majority of the company's revenue is generated from its domestic mall business.

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