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S Line Group Co (TSE:9078) Cyclically Adjusted Book per Share : 円2,117.14 (As of Dec. 2023)


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What is S Line Group 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.

S Line Group Co's adjusted book value per share for the three months ended in Dec. 2023 was 円2,498.894. 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2,117.14 for the trailing ten years ended in Dec. 2023.

During the past 12 months, S Line Group Co's average Cyclically Adjusted Book Growth Rate was 7.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.10% 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 S Line Group Co was 9.40% per year. The lowest was 9.10% per year. And the median was 9.20% per year.

As of today (2024-05-23), S Line Group Co's current stock price is 円1549.00. S Line Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円2,117.14. S Line Group Co's Cyclically Adjusted PB Ratio of today is 0.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of S Line Group Co was 1.07. The lowest was 0.39. And the median was 0.54.


S Line Group Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for S Line Group 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.

S Line Group Co Cyclically Adjusted Book per Share Chart

S Line Group Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,415.58 1,537.44 1,688.24 1,854.06 2,003.48

S Line Group Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,975.15 2,003.48 2,041.61 2,083.58 2,117.14

Competitive Comparison of S Line Group Co's Cyclically Adjusted Book per Share

For the Trucking subindustry, S Line Group 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.


S Line Group Co's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, S Line Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where S Line Group Co's Cyclically Adjusted PB Ratio falls into.



S Line Group 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, S Line Group 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)
=2498.894/106.8000*106.8000
=2,498.894

Current CPI (Dec. 2023) = 106.8000.

S Line Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,477.482 95.700 1,648.851
201406 1,474.219 98.000 1,606.598
201409 1,491.400 98.500 1,617.071
201412 1,617.177 97.900 1,764.193
201503 1,615.566 97.900 1,762.436
201506 1,652.386 98.400 1,793.443
201509 1,759.809 98.500 1,908.097
201512 1,793.234 98.100 1,952.267
201603 1,694.097 97.900 1,848.106
201606 1,680.185 98.100 1,829.192
201609 1,690.390 98.000 1,842.180
201612 1,745.797 98.400 1,894.828
201703 1,768.689 98.100 1,925.545
201706 1,774.284 98.500 1,923.792
201709 1,756.902 98.800 1,899.161
201712 1,794.396 99.400 1,927.983
201803 1,822.277 99.200 1,961.887
201806 1,841.495 99.200 1,982.577
201809 1,870.864 99.900 2,000.083
201812 1,891.441 99.700 2,026.137
201903 1,913.196 99.700 2,049.442
201906 1,903.316 99.800 2,036.815
201909 1,937.650 100.100 2,067.343
201912 1,954.160 100.500 2,076.660
202003 2,197.052 100.300 2,339.433
202006 2,204.984 99.900 2,357.280
202009 2,235.330 99.900 2,389.722
202012 2,274.438 99.300 2,446.223
202103 2,298.575 99.900 2,457.335
202106 2,301.619 99.500 2,470.481
202109 2,318.498 100.100 2,473.682
202112 2,342.480 100.100 2,499.269
202203 2,365.844 101.100 2,499.230
202206 2,359.206 101.800 2,475.081
202209 2,362.433 103.100 2,447.215
202212 2,392.122 104.100 2,454.166
202303 2,465.564 104.400 2,522.244
202306 2,471.465 105.200 2,509.054
202309 2,487.692 106.200 2,501.747
202312 2,498.894 106.800 2,498.894

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


S Line Group Co  (TSE:9078) 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.

S Line Group Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1549.00/2117.14
=0.73

* 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 S Line Group Co was 1.07. The lowest was 0.39. And the median was 0.54.


Be Aware

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


S Line Group Co Cyclically Adjusted Book per Share Related Terms

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


S Line Group Co (TSE:9078) Business Description

Industry
Traded in Other Exchanges
Address
4-68 Heisei Ginan-cho, Gifu, JPN
S Line Group Co Ltd Formerly S Line Co Ltd is a Japanese company engaged in the transportation business. The company provides Freight car transportation, Passenger car transportation, Customs brokerage services, Warehousing services, and Automobile maintenance services.

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