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Sangetsu (Sangetsu) Cyclically Adjusted PB Ratio : 1.82 (As of May. 20, 2024)


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What is Sangetsu Cyclically Adjusted PB Ratio?

As of today (2024-05-20), Sangetsu's current share price is $16.90. Sangetsu's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $9.31. Sangetsu's Cyclically Adjusted PB Ratio for today is 1.82.

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

SGSUF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.85   Med: 1.26   Max: 2.11
Current: 1.81

During the past years, Sangetsu's highest Cyclically Adjusted PB Ratio was 2.11. The lowest was 0.85. And the median was 1.26.

SGSUF's Cyclically Adjusted PB Ratio is ranked worse than
57.34% of 293 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.38 vs SGSUF: 1.81

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.

Sangetsu's adjusted book value per share data for the three months ended in Dec. 2023 was $11.963. 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 $9.31 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sangetsu Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sangetsu'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.

Sangetsu Cyclically Adjusted PB Ratio Chart

Sangetsu 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 0.99 1.04 0.94 1.33 -

Sangetsu 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 1.33 1.47 1.71 1.81 -

Competitive Comparison of Sangetsu's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Sangetsu'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.


Sangetsu's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Sangetsu's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sangetsu 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.90/9.31
=1.82

* 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.

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

For example, Sangetsu'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)
=11.963/106.8000*106.8000
=11.963

Current CPI (Dec. 2023) = 106.8000.

Sangetsu Quarterly Data

Book Value per Share CPI Adj_Book
201403 15.374 95.700 17.157
201406 15.419 98.000 16.804
201409 14.800 98.500 16.047
201412 13.864 97.900 15.124
201503 13.499 97.900 14.726
201506 13.284 98.400 14.418
201509 13.665 98.500 14.816
201512 13.014 98.100 14.168
201603 14.067 97.900 15.346
201606 14.980 98.100 16.309
201609 15.640 98.000 17.044
201612 13.795 98.400 14.973
201703 14.592 98.100 15.886
201706 14.497 98.500 15.719
201709 14.636 98.800 15.821
201712 14.567 99.400 15.651
201803 15.559 99.200 16.751
201806 14.675 99.200 15.799
201809 14.591 99.900 15.599
201812 14.437 99.700 15.465
201903 14.521 99.700 15.555
201906 14.865 99.800 15.908
201909 15.169 100.100 16.184
201912 14.900 100.500 15.834
202003 14.312 100.300 15.239
202006 14.403 99.900 15.398
202009 14.844 99.900 15.869
202012 14.890 99.300 16.015
202103 14.252 99.900 15.236
202106 14.008 99.500 15.036
202109 14.219 100.100 15.171
202112 13.575 100.100 14.484
202203 12.636 101.100 13.348
202206 10.939 101.800 11.476
202209 10.699 103.100 11.083
202212 11.711 104.100 12.015
202303 12.215 104.400 12.496
202306 11.579 105.200 11.755
202309 11.586 106.200 11.651
202312 11.963 106.800 11.963

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.


Sangetsu  (OTCPK:SGSUF) 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.


Sangetsu Cyclically Adjusted PB Ratio Related Terms

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


Sangetsu (Sangetsu) Business Description

Traded in Other Exchanges
Address
1-4-1, Habashita Nishi-ku, Nagoya, JPN, 451-8575
Sangetsu Corp is a Japan-based company engaged in the development and sale of interior decorating products. It offers wall-coverings, curtains, flooring materials, and upholstery. The company sells various traditional Japanese interior decorating products including scrolls, wall scrolls, folding screens, sliding doors, partitions, and other products made of cloth and paper. The company's business segments include Interior, Exterior and Lighting segments. The majority of the company's revenue is generated from the Interior segment.

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