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HASEKO (HASEKO) Cyclically Adjusted PB Ratio : 1.60 (As of May. 17, 2024)


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What is HASEKO Cyclically Adjusted PB Ratio?

As of today (2024-05-17), HASEKO's current share price is $10.50. HASEKO's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $6.57. HASEKO's Cyclically Adjusted PB Ratio for today is 1.60.

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

HSKCF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.46   Med: 1.92   Max: 3.87
Current: 1.57

During the past years, HASEKO's highest Cyclically Adjusted PB Ratio was 3.87. The lowest was 1.46. And the median was 1.92.

HSKCF's Cyclically Adjusted PB Ratio is ranked worse than
53.33% of 75 companies
in the Homebuilding & Construction industry
Industry Median: 1.31 vs HSKCF: 1.57

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.

HASEKO's adjusted book value per share data for the three months ended in Dec. 2023 was $12.446. 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 $6.57 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


HASEKO Cyclically Adjusted PB Ratio Historical Data

The historical data trend for HASEKO'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.

HASEKO Cyclically Adjusted PB Ratio Chart

HASEKO 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 1.78 2.06 1.61 1.50 -

HASEKO 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 1.50 1.67 1.72 1.60 -

Competitive Comparison of HASEKO's Cyclically Adjusted PB Ratio

For the Residential Construction subindustry, HASEKO'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.


HASEKO's Cyclically Adjusted PB Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, HASEKO's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



HASEKO 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.

HASEKO's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.50/6.57
=1.60

* 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.

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

For example, HASEKO'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)
=12.446/106.8000*106.8000
=12.446

Current CPI (Dec. 2023) = 106.8000.

HASEKO Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.877 95.700 4.327
201406 4.047 98.000 4.410
201409 3.542 98.500 3.840
201412 3.465 97.900 3.780
201503 3.974 97.900 4.335
201506 4.015 98.400 4.358
201509 4.445 98.500 4.820
201512 4.920 98.100 5.356
201603 5.448 97.900 5.943
201606 5.946 98.100 6.473
201609 6.537 98.000 7.124
201612 6.221 98.400 6.752
201703 7.007 98.100 7.628
201706 7.269 98.500 7.882
201709 7.710 98.800 8.334
201712 7.913 99.400 8.502
201803 9.387 99.200 10.106
201806 9.156 99.200 9.857
201809 9.890 99.900 10.573
201812 10.298 99.700 11.031
201903 11.104 99.700 11.895
201906 11.103 99.800 11.882
201909 11.701 100.100 12.484
201912 11.717 100.500 12.451
202003 12.293 100.300 13.090
202006 12.109 99.900 12.945
202009 12.786 99.900 13.669
202012 13.025 99.300 14.009
202103 13.118 99.900 14.024
202106 12.811 99.500 13.751
202109 13.271 100.100 14.159
202112 12.912 100.100 13.776
202203 12.825 101.100 13.548
202206 11.491 101.800 12.055
202209 11.210 103.100 11.612
202212 12.061 104.100 12.374
202303 12.466 104.400 12.753
202306 11.986 105.200 12.168
202309 12.028 106.200 12.096
202312 12.446 106.800 12.446

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.


HASEKO  (OTCPK:HSKCF) 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.


HASEKO Cyclically Adjusted PB Ratio Related Terms

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


HASEKO (HASEKO) Business Description

Traded in Other Exchanges
Address
32-1 Shiba 2-chome, Minato-ku, Tokyo, JPN, 105-8507
Haseko Corp is a Japanese construction company that focuses on residential condominium construction. The company targets its construction efforts in Tokyo and the Kinki region of Japan. Its construction process provides developers with land selection, planning, design, engineering, and final construction. Haseko has historically constructed roughly 15,000 condominium units annually, which allows it to control almost one fourth of the overall Japanese condo market. Haseko also offers various building-related services such as condominium management, repair, remodeling, and brokerage sales. These services account for approximately 25% of the company's overall revenue.

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