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JSR (STU:JYR) Cyclically Adjusted PB Ratio : 2.34 (As of Jun. 08, 2024)


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What is JSR Cyclically Adjusted PB Ratio?

As of today (2024-06-08), JSR's current share price is €25.40. JSR's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €10.84. JSR's Cyclically Adjusted PB Ratio for today is 2.34.

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

STU:JYR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.04   Med: 1.73   Max: 2.77
Current: 2.4

During the past years, JSR's highest Cyclically Adjusted PB Ratio was 2.77. The lowest was 1.04. And the median was 1.73.

STU:JYR's Cyclically Adjusted PB Ratio is ranked worse than
64.23% of 1202 companies
in the Chemicals industry
Industry Median: 1.7 vs STU:JYR: 2.40

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.

JSR's adjusted book value per share data for the three months ended in Mar. 2024 was €11.114. 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 €10.84 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


JSR Cyclically Adjusted PB Ratio Historical Data

The historical data trend for JSR'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.

JSR Cyclically Adjusted PB Ratio Chart

JSR 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 1.31 2.12 2.21 1.79 2.40

JSR 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 1.79 2.34 2.26 2.24 2.40

Competitive Comparison of JSR's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, JSR'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.


JSR's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, JSR's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



JSR 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.40/10.84
=2.34

* 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.

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

For example, JSR'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)
=11.114/107.2000*107.2000
=11.114

Current CPI (Mar. 2024) = 107.2000.

JSR Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.228 98.000 11.188
201409 10.596 98.500 11.532
201412 10.097 97.900 11.056
201503 11.979 97.900 13.117
201506 11.291 98.400 12.301
201509 11.387 98.500 12.393
201512 12.266 98.100 13.404
201603 12.414 97.900 13.593
201606 12.782 98.100 13.968
201609 13.342 98.000 14.595
201612 12.685 98.400 13.819
201703 13.467 98.100 14.716
201706 13.294 98.500 14.468
201709 13.030 98.800 14.138
201712 13.187 99.400 14.222
201803 13.519 99.200 14.609
201806 13.837 99.200 14.953
201809 13.860 99.900 14.873
201812 14.152 99.700 15.217
201903 14.521 99.700 15.613
201906 14.886 99.800 15.990
201909 15.537 100.100 16.639
201912 15.273 100.500 16.291
202003 15.533 100.300 16.602
202006 15.049 99.900 16.149
202009 14.531 99.900 15.593
202012 14.203 99.300 15.333
202103 12.010 99.900 12.888
202106 11.857 99.500 12.775
202109 12.558 100.100 13.449
202112 13.178 100.100 14.113
202203 13.387 101.100 14.195
202206 12.278 101.800 12.929
202209 12.829 103.100 13.339
202212 12.214 104.100 12.578
202303 11.968 104.400 12.289
202306 11.362 105.200 11.578
202309 11.185 106.200 11.290
202312 11.270 106.800 11.312
202403 11.114 107.200 11.114

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.


JSR  (STU:JYR) 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.


JSR Cyclically Adjusted PB Ratio Related Terms

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


JSR (STU:JYR) Business Description

Industry
Traded in Other Exchanges
Address
1-9-2 Higashi-Shimbashi, Shiodome Sumitomo Building, 22nd Floor, Minato-ku, Tokyo, JPN, 105-8640
JSR Group has four reportable segments, digital solutions, life sciences, elastomers, and plastics. Semiconductor materials and life sciences are the growth drivers for the company, while elastomers produces the greatest amount of revenue. Elastomers consists of synthetic rubbers, thermoplastic elastomers, and emulsions. Plastics includes synthetic resins including ABS resins, AES resins, among others. Digital solutions consists of semiconductor materials, display materials, and edge computing, whereas the life sciences business covers research and diagnostic reagents, bioprocess materials, and contract services.

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