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Taiyo Yuden Co (Taiyo Yuden Co) Cyclically Adjusted Book per Share : $53.38 (As of Dec. 2023)


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What is Taiyo Yuden 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.

Taiyo Yuden Co's adjusted book value per share for the three months ended in Dec. 2023 was $70.913. 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 $53.38 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Taiyo Yuden 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 Taiyo Yuden Co was 9.60% per year. The lowest was 3.10% per year. And the median was 5.15% per year.

As of today (2024-06-07), Taiyo Yuden Co's current stock price is $87.41. Taiyo Yuden Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $53.38. Taiyo Yuden Co's Cyclically Adjusted PB Ratio of today is 1.64.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Taiyo Yuden Co was 5.64. The lowest was 0.67. And the median was 2.29.


Taiyo Yuden Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Taiyo Yuden 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.

Taiyo Yuden Co Cyclically Adjusted Book per Share Chart

Taiyo Yuden 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 46.76 48.87 48.76 50.39 -

Taiyo Yuden 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 50.39 48.72 47.87 53.38 -

Competitive Comparison of Taiyo Yuden Co's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Taiyo Yuden 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.


Taiyo Yuden Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Taiyo Yuden Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Taiyo Yuden 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, Taiyo Yuden 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)
=70.913/106.8000*106.8000
=70.913

Current CPI (Dec. 2023) = 106.8000.

Taiyo Yuden Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 42.670 95.700 47.619
201406 42.332 98.000 46.133
201409 42.655 98.500 46.249
201412 42.133 97.900 45.963
201503 42.527 97.900 46.393
201506 42.304 98.400 45.915
201509 42.923 98.500 46.540
201512 44.142 98.100 48.057
201603 46.108 97.900 50.300
201606 46.028 98.100 50.110
201609 47.607 98.000 51.882
201612 45.292 98.400 49.158
201703 46.343 98.100 50.453
201706 47.980 98.500 52.023
201709 49.894 98.800 53.934
201712 51.264 99.400 55.080
201803 54.455 99.200 58.627
201806 54.351 99.200 58.515
201809 56.525 99.900 60.429
201812 57.642 99.700 61.747
201903 58.060 99.700 62.195
201906 60.070 99.800 64.283
201909 62.198 100.100 66.361
201912 63.345 100.500 67.316
202003 62.298 100.300 66.335
202006 63.239 99.900 67.607
202009 66.769 99.900 71.381
202012 70.488 99.300 75.812
202103 71.518 99.900 76.458
202106 73.763 99.500 79.175
202109 78.100 100.100 83.327
202112 79.407 100.100 84.722
202203 81.291 101.100 85.874
202206 76.279 101.800 80.026
202209 74.253 103.100 76.918
202212 76.142 104.100 78.117
202303 76.485 104.400 78.243
202306 73.101 105.200 74.213
202309 71.278 106.200 71.681
202312 70.913 106.800 70.913

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


Taiyo Yuden Co  (OTCPK:TYOYY) 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.

Taiyo Yuden Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=87.41/53.38
=1.64

* 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 Taiyo Yuden Co was 5.64. The lowest was 0.67. And the median was 2.29.


Be Aware

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


Taiyo Yuden Co Cyclically Adjusted Book per Share Related Terms

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


Taiyo Yuden Co (Taiyo Yuden Co) Business Description

Industry
Traded in Other Exchanges
Address
6-16-20, Ueno, Taito-ku, Tokyo, JPN, 110-0005
Taiyo Yuden produces passive components for electronic devices. Passive components are used to enable wireless communication, store electricity, handle electric flow, remove electromagnetic noise from circuits, and so on. Passive components are imperative for electronic circuits—for instance, one high-end smartphone contains more than 1,000 passive components. Taiyo Yuden is the global third multilayer ceramic capacitor player, with 13% market share in 2021.

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