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Seiko Epson (Seiko Epson) Cyclically Adjusted PB Ratio : 1.72 (As of May. 24, 2024)


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What is Seiko Epson Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Seiko Epson's current share price is $15.802. Seiko Epson's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $9.19. Seiko Epson's Cyclically Adjusted PB Ratio for today is 1.72.

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

SEKEF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.48   Max: 2.83
Current: 1.42

During the past years, Seiko Epson's highest Cyclically Adjusted PB Ratio was 2.83. The lowest was 0.86. And the median was 1.48.

SEKEF's Cyclically Adjusted PB Ratio is ranked better than
56.48% of 1868 companies
in the Hardware industry
Industry Median: 1.66 vs SEKEF: 1.42

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.

Seiko Epson's adjusted book value per share data for the three months ended in Mar. 2024 was $16.318. 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 $9.19 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Seiko Epson Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Seiko Epson'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.

Seiko Epson Cyclically Adjusted PB Ratio Chart

Seiko Epson 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 1.02 1.48 1.37 1.23 1.54

Seiko Epson 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 1.23 1.41 1.44 1.26 1.54

Competitive Comparison of Seiko Epson's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Seiko Epson'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.


Seiko Epson's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Seiko Epson's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Seiko Epson 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.

Seiko Epson's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.802/9.19
=1.72

* 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.

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

For example, Seiko Epson'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)
=16.318/107.2000*107.2000
=16.318

Current CPI (Mar. 2024) = 107.2000.

Seiko Epson Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.040 98.000 12.076
201409 11.520 98.500 12.538
201412 11.438 97.900 12.525
201503 11.476 97.900 12.566
201506 11.292 98.400 12.302
201509 11.544 98.500 12.564
201512 11.917 98.100 13.022
201603 11.578 97.900 12.678
201606 11.249 98.100 12.292
201609 11.834 98.000 12.945
201612 11.769 98.400 12.822
201703 12.376 98.100 13.524
201706 12.696 98.500 13.817
201709 12.615 98.800 13.688
201712 13.205 99.400 14.241
201803 13.727 99.200 14.834
201806 13.406 99.200 14.487
201809 13.567 99.900 14.558
201812 13.485 99.700 14.499
201903 13.798 99.700 14.836
201906 13.681 99.800 14.695
201909 14.054 100.100 15.051
201912 14.080 100.500 15.019
202003 13.525 100.300 14.455
202006 13.360 99.900 14.336
202009 13.753 99.900 14.758
202012 14.209 99.300 15.339
202103 14.649 99.900 15.719
202106 14.737 99.500 15.877
202109 15.279 100.100 16.363
202112 15.452 100.100 16.548
202203 16.223 101.100 17.202
202206 15.432 101.800 16.251
202209 15.196 103.100 15.800
202212 15.519 104.100 15.981
202303 16.414 104.400 16.854
202306 16.406 105.200 16.718
202309 16.046 106.200 16.197
202312 16.219 106.800 16.280
202403 16.318 107.200 16.318

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.


Seiko Epson  (OTCPK:SEKEF) 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.


Seiko Epson Cyclically Adjusted PB Ratio Related Terms

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


Seiko Epson (Seiko Epson) Business Description

Industry
Traded in Other Exchanges
Address
3-5 Owa 3-chome, Suwa, Nagano, JPN, 392-8502
Seiko Epson Corp is a Japan-based electronics manufacturer of printers and imaging equipment. The firm's product portfolio includes inkjet, dot matrix, and laser printers, scanners, desktop computers, business, multimedia and home theatre projectors, large home theatre televisions, robots and industrial automation equipment, point of sale docket printers and cash registers, laptops, integrated circuits, and associated electronic components. The firm has operations in the Americas, Middle East and Africa, Australia, and Asia-Pacific regions.