GURUFOCUS.COM » STOCK LIST » Technology » Software » Dentsu Soken Inc (FRA:ISW) » Definitions » Cyclically Adjusted PB Ratio

Dentsu Soken (FRA:ISW) Cyclically Adjusted PB Ratio : 5.73 (As of May. 09, 2024)


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

What is Dentsu Soken Cyclically Adjusted PB Ratio?

As of today (2024-05-09), Dentsu Soken's current share price is €31.80. Dentsu Soken's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €5.55. Dentsu Soken's Cyclically Adjusted PB Ratio for today is 5.73.

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

FRA:ISW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.96   Med: 4.94   Max: 6.9
Current: 5.97

During the past years, Dentsu Soken's highest Cyclically Adjusted PB Ratio was 6.90. The lowest was 1.96. And the median was 4.94.

FRA:ISW's Cyclically Adjusted PB Ratio is ranked worse than
79.83% of 1329 companies
in the Software industry
Industry Median: 2.6 vs FRA:ISW: 5.97

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.

Dentsu Soken's adjusted book value per share data for the three months ended in Dec. 2023 was €8.121. 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 €5.55 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dentsu Soken Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dentsu Soken'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.

Dentsu Soken Cyclically Adjusted PB Ratio Chart

Dentsu Soken Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.34 4.61 5.32 4.84 6.55

Dentsu Soken 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 6.29 5.95 6.57 6.55 -

Competitive Comparison of Dentsu Soken's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Dentsu Soken'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.


Dentsu Soken's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Dentsu Soken's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dentsu Soken 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.

Dentsu Soken's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=31.80/5.55
=5.73

* 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.

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

For example, Dentsu Soken'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)
=8.121/106.8000*106.8000
=8.121

Current CPI (Dec. 2023) = 106.8000.

Dentsu Soken Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.210 95.700 4.698
201406 4.162 98.000 4.536
201409 4.353 98.500 4.720
201412 4.089 97.900 4.461
201503 4.766 97.900 5.199
201506 4.367 98.400 4.740
201509 4.787 98.500 5.190
201512 0.000 98.100 0.000
201603 5.222 97.900 5.697
201606 5.617 98.100 6.115
201609 5.813 98.000 6.335
201612 5.643 98.400 6.125
201703 5.762 98.100 6.273
201706 5.764 98.500 6.250
201709 5.352 98.800 5.785
201712 5.484 99.400 5.892
201803 5.670 99.200 6.104
201806 5.895 99.200 6.347
201809 5.823 99.900 6.225
201812 6.123 99.700 6.559
201903 6.301 99.700 6.750
201906 6.676 99.800 7.144
201909 6.954 100.100 7.419
201912 6.944 100.500 7.379
202003 7.155 100.300 7.619
202006 7.340 99.900 7.847
202009 7.194 99.900 7.691
202012 7.238 99.300 7.785
202103 7.194 99.900 7.691
202106 7.233 99.500 7.764
202109 7.448 100.100 7.947
202112 7.808 100.100 8.331
202203 7.973 101.100 8.423
202206 7.655 101.800 8.031
202209 7.687 103.100 7.963
202212 7.940 104.100 8.146
202303 8.038 104.400 8.223
202306 7.881 105.200 8.001
202309 7.710 106.200 7.754
202312 8.121 106.800 8.121

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.


Dentsu Soken  (FRA:ISW) 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.


Dentsu Soken Cyclically Adjusted PB Ratio Related Terms

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


Dentsu Soken (FRA:ISW) Business Description

Industry
Traded in Other Exchanges
Address
2-17-1, Konan, Minato-ku, Tokyo, JPN, 108-0075
Dentsu Soken Inc provides a range of information technology, or IT, and consulting services. The company organizes itself into four segments based on service type. The financial solutions segment, which generates more revenue than any other segment, builds algorithmic trading systems and provides cash management, banking, and corporate finance services. The manufacturing solutions segment provides IT solutions for the entire product lifecycle, from product development and production, to sales and maintenance in the manufacturing industry. The communication IT solutions segment provides e-commerce and customer relationship management services. The business solutions segment provides consulting and IT services.

Dentsu Soken (FRA:ISW) Headlines

No Headlines