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Katakura Industries Co (Katakura Industries Co) Cyclically Adjusted PB Ratio : 1.03 (As of Jun. 07, 2024)


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What is Katakura Industries Co Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Katakura Industries Co's current share price is $16.88. Katakura Industries Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $16.37. Katakura Industries Co's Cyclically Adjusted PB Ratio for today is 1.03.

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

KKRAF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.93   Max: 1.54
Current: 1.1

During the past years, Katakura Industries Co's highest Cyclically Adjusted PB Ratio was 1.54. The lowest was 0.51. And the median was 0.93.

KKRAF's Cyclically Adjusted PB Ratio is ranked worse than
53.78% of 450 companies
in the Conglomerates industry
Industry Median: 0.97 vs KKRAF: 1.10

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.

Katakura Industries Co's adjusted book value per share data for the three months ended in Mar. 2024 was $15.535. 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 $16.37 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Katakura Industries Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Katakura Industries 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.

Katakura Industries Co Cyclically Adjusted PB Ratio Chart

Katakura Industries Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.86 1.53 0.99 0.88

Katakura Industries Co 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 1.05 0.91 0.95 0.88 1.03

Competitive Comparison of Katakura Industries Co's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Katakura Industries 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.


Katakura Industries Co's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Katakura Industries Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Katakura Industries 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.88/16.37
=1.03

* 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.

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

For example, Katakura Industries Co'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)
=15.535/107.2000*107.2000
=15.535

Current CPI (Mar. 2024) = 107.2000.

Katakura Industries Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 15.205 98.000 16.632
201409 14.529 98.500 15.812
201412 13.203 97.900 14.457
201503 13.813 97.900 15.125
201506 13.082 98.400 14.252
201509 12.968 98.500 14.113
201512 13.070 98.100 14.282
201603 13.631 97.900 14.926
201606 14.460 98.100 15.801
201609 15.193 98.000 16.619
201612 13.628 98.400 14.847
201703 13.868 98.100 15.154
201706 14.331 98.500 15.597
201709 14.506 98.800 15.739
201712 14.563 99.400 15.706
201803 15.430 99.200 16.674
201806 15.071 99.200 16.286
201809 15.186 99.900 16.296
201812 13.904 99.700 14.950
201903 14.502 99.700 15.593
201906 14.604 99.800 15.687
201909 14.989 100.100 16.052
201912 15.673 100.500 16.718
202003 14.970 100.300 16.000
202006 15.384 99.900 16.508
202009 15.605 99.900 16.745
202012 16.248 99.300 17.541
202103 16.410 99.900 17.609
202106 17.062 99.500 18.382
202109 17.153 100.100 18.370
202112 16.502 100.100 17.672
202203 17.150 101.100 18.185
202206 15.577 101.800 16.403
202209 14.474 103.100 15.050
202212 15.627 104.100 16.092
202303 15.949 104.400 16.377
202306 15.891 105.200 16.193
202309 15.436 106.200 15.581
202312 15.649 106.800 15.708
202403 15.535 107.200 15.535

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.


Katakura Industries Co  (OTCPK:KKRAF) 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.


Katakura Industries Co Cyclically Adjusted PB Ratio Related Terms

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


Katakura Industries Co (Katakura Industries Co) Business Description

Traded in Other Exchanges
Address
6-4 Akashi-cho, Chuo-ku, Tokyo, JPN, 104-8312
Katakura Industries Co Ltd is a Japan-based company. It operates in five business divisions including textile, pharmaceutical, machinery related, real estate and other business. Its textile business includes clothing items and brand licenses including innerwear and legwear. The pharmaceutical business offers medicines centered on cardiac drugs and vitamin drugs. Machinery business is engaged in developing and proposing various products corresponding to environment-oriented based on cultivated technology. Real estate business is engaged in developing and leasing shopping centers, and comprehensive model home park sites. Katakura is also engaged in the production and sale of honey bees for breeding, agrochemicals, and sale of honey produced.

Katakura Industries Co (Katakura Industries Co) Headlines

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