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Marutai Co (FSE:2919) Cyclically Adjusted PB Ratio : 0.80 (As of Jun. 09, 2024)


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What is Marutai Co Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Marutai Co's current share price is 円3520.00. Marutai Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円4,391.51. Marutai Co's Cyclically Adjusted PB Ratio for today is 0.80.

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

FSE:2919' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 0.8   Max: 0.85
Current: 0.8

During the past years, Marutai Co's highest Cyclically Adjusted PB Ratio was 0.85. The lowest was 0.75. And the median was 0.80.

FSE:2919's Cyclically Adjusted PB Ratio is ranked better than
71.21% of 1358 companies
in the Consumer Packaged Goods industry
Industry Median: 1.36 vs FSE:2919: 0.80

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.

Marutai Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円4,941.436. 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4,391.51 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marutai Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Marutai 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.

Marutai Co Cyclically Adjusted PB Ratio Chart

Marutai 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 - - - - 0.77

Marutai 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 0.77 0.77 0.80 0.80 0.80

Competitive Comparison of Marutai Co's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Marutai 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.


Marutai Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Marutai Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Marutai 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.

Marutai Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3520.00/4391.51
=0.80

* 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.

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

For example, Marutai 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)
=4941.436/106.8000*106.8000
=4,941.436

Current CPI (Dec. 2023) = 106.8000.

Marutai Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 3,599.338 95.700 4,016.816
201406 3,489.398 98.000 3,802.732
201409 3,448.732 98.500 3,739.336
201412 3,480.239 97.900 3,796.624
201503 3,464.814 97.900 3,779.797
201506 3,448.835 98.400 3,743.248
201509 3,471.922 98.500 3,764.480
201512 3,567.169 98.100 3,883.523
201603 3,587.998 97.900 3,914.180
201606 3,618.307 98.100 3,939.197
201609 3,644.441 98.000 3,971.697
201612 3,730.119 98.400 4,048.544
201703 3,787.674 98.100 4,123.584
201706 3,799.214 98.500 4,119.351
201709 3,829.323 98.800 4,139.390
201712 3,953.559 99.400 4,247.888
201803 3,971.608 99.200 4,275.884
201806 3,993.589 99.200 4,299.549
201809 4,048.918 99.900 4,328.573
201812 4,052.281 99.700 4,340.859
201903 4,068.863 99.700 4,358.622
201906 4,042.813 99.800 4,326.377
201909 4,089.495 100.100 4,363.217
201912 4,190.832 100.500 4,453.541
202003 4,202.526 100.300 4,474.873
202006 4,324.523 99.900 4,623.214
202009 4,386.098 99.900 4,689.042
202012 4,513.310 99.300 4,854.194
202103 4,553.920 99.900 4,868.455
202106 4,576.680 99.500 4,912.457
202109 4,661.774 100.100 4,973.801
202112 4,751.042 100.100 5,069.044
202203 4,721.462 101.100 4,987.657
202206 4,718.686 101.800 4,950.449
202209 4,749.988 103.100 4,920.453
202212 4,813.154 104.100 4,937.991
202303 4,794.923 104.400 4,905.151
202306 4,807.085 105.200 4,880.197
202309 4,867.416 106.200 4,894.916
202312 4,941.436 106.800 4,941.436

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.


Marutai Co  (FSE:2919) 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.


Marutai Co Cyclically Adjusted PB Ratio Related Terms

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


Marutai Co (FSE:2919) Business Description

Traded in Other Exchanges
N/A
Address
Aomi 1042-1, Fukuoka Prefecture, Nishi-ku, Fukuoka, JPN, 819-0392
Marutai Co.,Ltd. is a Japanese firm engaged in the production of seasonings and confectionery. It manufactures and sells noodles. Its products include ramen bars, non-fried noodles, noodle bars, stick noodles, deep-fried yakisoba, tilde, cupcake, noodle dishes, and cups.

Marutai Co (FSE:2919) Headlines

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