GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Kyoto Financial Group Inc (OTCPK:BOFKF) » Definitions » Cyclically Adjusted PB Ratio

Kyoto Financial Group (Kyoto Financial Group) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Kyoto Financial Group 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


Kyoto Financial Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kyoto Financial Group'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.

Kyoto Financial Group Cyclically Adjusted PB Ratio Chart

Kyoto Financial Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.72 0.50 0.53 -

Kyoto Financial Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.53 0.60 0.69 0.70 -

Competitive Comparison of Kyoto Financial Group's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Kyoto Financial Group'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.


Kyoto Financial Group's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Kyoto Financial Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kyoto Financial Group 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.

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

For example, Kyoto Financial Group'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)
=102.054/106.8000*106.8000
=102.054

Current CPI (Dec. 2023) = 106.8000.

Kyoto Financial Group Quarterly Data

Book Value per Share CPI Adj_Book
201403 13.950 95.700 15.568
201406 14.350 98.000 15.639
201409 14.494 98.500 15.715
201412 13.903 97.900 15.167
201503 15.139 97.900 16.515
201506 15.648 98.400 16.984
201509 14.755 98.500 15.998
201512 15.020 98.100 16.352
201603 15.116 97.900 16.490
201606 15.869 98.100 17.276
201609 18.459 98.000 20.117
201612 16.914 98.400 18.358
201703 17.748 98.100 19.322
201706 19.958 98.500 21.640
201709 106.048 98.800 114.635
201712 110.810 99.400 119.059
201803 116.156 99.200 125.055
201806 109.285 99.200 117.658
201809 110.046 99.900 117.647
201812 93.183 99.700 99.819
201903 101.130 99.700 108.332
201906 108.007 99.800 115.583
201909 110.541 100.100 117.940
201912 115.912 100.500 123.178
202003 102.363 100.300 108.997
202006 112.712 99.900 120.497
202009 128.230 99.900 137.087
202012 147.816 99.300 158.980
202103 141.844 99.900 151.641
202106 141.321 99.500 151.689
202109 140.392 100.100 149.789
202112 137.693 100.100 146.909
202203 122.030 101.100 128.910
202206 102.825 101.800 107.875
202209 94.047 103.100 97.422
202212 94.881 104.100 97.342
202303 99.587 104.400 101.876
202306 105.429 105.200 107.032
202309 95.105 106.200 95.642
202312 102.054 106.800 102.054

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.


Kyoto Financial Group  (OTCPK:BOFKF) 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.


Kyoto Financial Group Cyclically Adjusted PB Ratio Related Terms

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


Kyoto Financial Group (Kyoto Financial Group) Business Description

Traded in Other Exchanges
Address
Number 700, Rugamaru Dori Karasuma-dori, Matsubara, Shimogyo-ku, Kyoto, JPN, 600-8652
Kyoto Financial Group Inc operates through its subsidiary Bank of kyoto which provides regional banking and other financial solutions. Its portfolio of offerings comprises savings accounts, investment trust, deposits, mutual funds, credit and debits cards, and government bonds.

Kyoto Financial Group (Kyoto Financial Group) Headlines

No Headlines