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ITOCHU (TSE:8001) Cyclically Adjusted Book per Share : 円2,568.54 (As of Mar. 2025)


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What is ITOCHU 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.

ITOCHU's adjusted book value per share for the three months ended in Mar. 2025 was 円4,059.188. 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2,568.54 for the trailing ten years ended in Mar. 2025.

During the past 12 months, ITOCHU's average Cyclically Adjusted Book Growth Rate was 12.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.80% 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 ITOCHU was 14.30% per year. The lowest was 0.80% per year. And the median was 10.90% per year.

As of today (2025-07-07), ITOCHU's current stock price is 円7575.00. ITOCHU's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was 円2,568.54. ITOCHU's Cyclically Adjusted PB Ratio of today is 2.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ITOCHU was 3.45. The lowest was 1.13. And the median was 1.85.


ITOCHU Cyclically Adjusted Book per Share Historical Data

The historical data trend for ITOCHU'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.

ITOCHU Cyclically Adjusted Book per Share Chart

ITOCHU Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,527.86 1,724.98 2,003.24 2,279.07 2,568.54

ITOCHU Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2,279.07 - 2,397.65 2,500.22 2,568.54

Competitive Comparison of ITOCHU's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, ITOCHU'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.


ITOCHU's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, ITOCHU's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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ITOCHU 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, ITOCHU's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=4059.188/111.1000*111.1000
=4,059.188

Current CPI (Mar. 2025) = 111.1000.

ITOCHU Quarterly Data

Book Value per Share CPI Adj_Book
201506 1,606.388 98.400 1,813.717
201509 1,586.474 98.500 1,789.414
201512 1,591.307 98.100 1,802.184
201603 1,388.655 97.900 1,575.889
201606 1,320.310 98.100 1,495.275
201609 1,366.756 98.000 1,549.455
201612 1,500.673 98.400 1,694.357
201703 1,532.555 98.100 1,735.646
201706 1,558.158 98.500 1,757.476
201709 1,661.020 98.800 1,867.807
201712 1,748.933 99.400 1,954.793
201803 1,722.065 99.200 1,928.643
201806 1,755.676 99.200 1,966.286
201809 1,859.299 99.900 2,067.749
201812 1,866.328 99.700 2,079.730
201903 1,930.472 99.700 2,151.208
201906 1,919.394 99.800 2,136.720
201909 1,985.979 100.100 2,204.218
201912 2,058.229 100.500 2,275.316
202003 2,010.332 100.300 2,226.798
202006 2,071.348 99.900 2,303.571
202009 2,131.212 99.900 2,370.147
202012 2,055.483 99.300 2,299.740
202103 2,229.542 99.900 2,479.501
202106 2,377.783 99.500 2,654.992
202109 2,529.596 100.100 2,807.574
202112 2,646.628 100.100 2,937.466
202203 2,857.502 101.100 3,140.143
202206 3,086.299 101.800 3,368.250
202209 3,311.885 103.100 3,568.869
202212 3,229.767 104.100 3,446.946
202303 3,314.353 104.400 3,527.056
202306 3,511.348 105.200 3,708.277
202309 3,588.404 106.200 3,753.971
202312 3,537.102 106.800 3,679.513
202403 3,771.772 107.200 3,908.991
202406 0.000 108.200 0.000
202409 3,907.241 108.900 3,986.175
202412 4,085.236 110.700 4,099.997
202503 4,059.188 111.100 4,059.188

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


ITOCHU  (TSE:8001) 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.

ITOCHU's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7575.00/2568.54
=2.95

* 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 ITOCHU was 3.45. The lowest was 1.13. And the median was 1.85.


Be Aware

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


ITOCHU Cyclically Adjusted Book per Share Related Terms

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


ITOCHU Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » ITOCHU Corp (TSE:8001) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
5-1, Kita Aoyama 2-chome, Minato-ku, Tokyo, JPN, 107-8077
ITOCHU Corp is a group of businesses that engage in importing, exporting, and trading various products. The traded goods include textiles, machinery, metals, minerals, energy, chemicals, food, general products, realty, and information and communications technology. The largest segments by net profit to the group are Food; Energy and Chemicals. The Food segment pursues efficiency-oriented operations from production and distribution to retail in all areas of food from raw materials to finished products both in Japan and overseas. The energy and chemicals segment trades crude oil and oil derivatives and chemicals.

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