GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Acom Co Ltd (OTCPK:ACMUY) » Definitions » Cyclically Adjusted PB Ratio

Acom Co (Acom Co) Cyclically Adjusted PB Ratio : (As of May. 06, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Acom Co Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Acom Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Acom Co's Cyclically Adjusted PB Ratio 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.

Acom Co Cyclically Adjusted PB Ratio Chart

Acom Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.84 2.04 2.36 1.35 1.22

Acom 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 PB Ratio 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 1.23 1.22 1.31 1.27 1.26

Competitive Comparison of Acom Co's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, Acom 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.


Acom Co's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Acom Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Acom Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Acom Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Acom 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)
=6.794/106.8000*106.8000
=6.794

Current CPI (Dec. 2023) = 106.8000.

Acom Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.591 95.700 5.123
201406 4.822 98.000 5.255
201409 4.776 98.500 5.178
201412 4.422 97.900 4.824
201503 4.143 97.900 4.520
201506 4.247 98.400 4.610
201509 4.591 98.500 4.978
201512 4.526 98.100 4.927
201603 4.570 97.900 4.985
201606 5.136 98.100 5.591
201609 5.565 98.000 6.065
201612 4.928 98.400 5.349
201703 3.533 98.100 3.846
201706 3.831 98.500 4.154
201709 4.101 98.800 4.433
201712 4.314 99.400 4.635
201803 4.859 99.200 5.231
201806 4.915 99.200 5.292
201809 5.108 99.900 5.461
201812 5.370 99.700 5.752
201903 5.114 99.700 5.478
201906 5.671 99.800 6.069
201909 5.976 100.100 6.376
201912 6.141 100.500 6.526
202003 6.156 100.300 6.555
202006 6.357 99.900 6.796
202009 6.853 99.900 7.326
202012 7.207 99.300 7.751
202103 7.130 99.900 7.622
202106 7.292 99.500 7.827
202109 7.535 100.100 8.039
202112 7.288 100.100 7.776
202203 7.158 101.100 7.562
202206 6.529 101.800 6.850
202209 6.332 103.100 6.559
202212 6.755 104.100 6.930
202303 6.937 104.400 7.096
202306 6.658 105.200 6.759
202309 6.556 106.200 6.593
202312 6.794 106.800 6.794

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


Acom Co  (OTCPK:ACMUY) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Acom Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Acom Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Acom Co (Acom Co) Business Description

Traded in Other Exchanges
Address
1-1, Marunouchi 2-chome, Chiyoda-ku, Meiji Yasuda Seimei Building, Tokyo, JPN, 100-8307
Acom Co Ltd is a Japanese consumer finance company. Its four core business categories are loan and credit, guarantee services, loan servicing, and overseas financials. Its loan and credit business offers credit cards and unsecured loans. The guarantee segment provides credit guarantee services, including loan portfolios and marketing analyses. The firm also offers loan administrative services in its loan servicing segment. Acom's overseas businesses are mostly in the retail finance sector in Thailand and Indonesia. In addition to ATMs, Acom's distribution relies on multifaceted sales channels, including a call center, Internet services, and mobile phones. The company earns its revenue from its loan and credit card business in Japan.

Acom Co (Acom Co) Headlines

From GuruFocus

Full Year 2021 Acom Co Ltd Earnings Call Transcript

By GuruFocus Research 02-12-2024

Full Year 2020 Acom Co Ltd Earnings Call Transcript

By GuruFocus Research 02-12-2024

Q2 2022 Acom Co Ltd Earnings Presentation Transcript

By GuruFocus Research 02-12-2024

Q2 2024 Acom Co Ltd Earnings Presentation Transcript

By GuruFocus Research 02-12-2024

Q2 2020 Acom Co Ltd Earnings Presentation Transcript

By GuruFocus Research 02-12-2024

Full Year 2019 Acom Co Ltd Earnings Call Transcript

By GuruFocus Research 02-12-2024

Q2 2021 Acom Co Ltd Earnings Presentation Transcript

By GuruFocus Research 02-12-2024

Q2 2023 Acom Co Ltd Earnings Presentation Transcript

By GuruFocus Research 02-12-2024