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Benesse Holdings (Benesse Holdings) Cyclically Adjusted PB Ratio : 1.39 (As of May. 21, 2024)


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What is Benesse Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Benesse Holdings's current share price is $16.75. Benesse Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $12.02. Benesse Holdings's Cyclically Adjusted PB Ratio for today is 1.39.

The historical rank and industry rank for Benesse Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSEFY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.45   Max: 23535674.81
Current: 23535674.81

During the past years, Benesse Holdings's highest Cyclically Adjusted PB Ratio was 23535674.81. The lowest was 0.99. And the median was 1.45.

BSEFY's Cyclically Adjusted PB Ratio is ranked worse than
100% of 130 companies
in the Education industry
Industry Median: 1.255 vs BSEFY: 23535674.81

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.

Benesse Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was $10.344. 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 $12.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Benesse Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Benesse Holdings'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.

Benesse Holdings Cyclically Adjusted PB Ratio Chart

Benesse Holdings 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 1.48 1.28 1.25 1.08 1.46

Benesse Holdings 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 1.08 1.03 1.02 1.46 1.46

Competitive Comparison of Benesse Holdings's Cyclically Adjusted PB Ratio

For the Education & Training Services subindustry, Benesse Holdings'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.


Benesse Holdings's Cyclically Adjusted PB Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Benesse Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Benesse Holdings 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.

Benesse Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.75/12.02
=1.39

* 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.

Benesse Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Benesse Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=10.344/107.2000*107.2000
=10.344

Current CPI (Mar. 2024) = 107.2000.

Benesse Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 18.239 98.000 19.951
201409 18.375 98.500 19.998
201412 16.752 97.900 18.343
201503 15.626 97.900 17.110
201506 14.808 98.400 16.132
201509 15.701 98.500 17.088
201512 15.383 98.100 16.810
201603 14.964 97.900 16.386
201606 15.155 98.100 16.561
201609 16.149 98.000 17.665
201612 14.000 98.400 15.252
201703 14.580 98.100 15.932
201706 14.335 98.500 15.601
201709 14.954 98.800 16.225
201712 15.492 99.400 16.708
201803 15.789 99.200 17.062
201806 14.438 99.200 15.602
201809 14.872 99.900 15.959
201812 14.873 99.700 15.992
201903 14.909 99.700 16.031
201906 14.939 99.800 16.047
201909 15.902 100.100 17.030
201912 15.878 100.500 16.937
202003 15.359 100.300 16.416
202006 14.762 99.900 15.841
202009 15.775 99.900 16.928
202012 16.224 99.300 17.515
202103 15.280 99.900 16.397
202106 12.644 99.500 13.622
202109 13.385 100.100 14.334
202112 13.193 100.100 14.129
202203 12.316 101.100 13.059
202206 10.568 101.800 11.129
202209 10.523 103.100 10.941
202212 11.375 104.100 11.714
202303 11.288 104.400 11.591
202306 10.492 105.200 10.691
202309 10.519 106.200 10.618
202312 10.989 106.800 11.030
202403 10.344 107.200 10.344

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.


Benesse Holdings  (OTCPK:BSEFY) 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.


Benesse Holdings Cyclically Adjusted PB Ratio Related Terms

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


Benesse Holdings (Benesse Holdings) Business Description

Traded in Other Exchanges
Address
3-7-17 Minamigata, Kita-ku, Okayama, JPN, 700-0807
Benesse Holdings Inc is a Japanese holding company that operates educational facilities, nursing homes, and child care services. The company's main segment operates elementary, junior high, and high schools across Japan. The company also provides course materials and exam preparation materials. In addition, Benesse Holdings operates branded preschools as well as nursing and elderly care facilities. Enrollment tuition in elementary and junior high schools provides the largest source of revenue for the company. Benesse Holdings also operates educational services in China, Taiwan, South Korea, and the United States.

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