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Takashimaya Co (Takashimaya Co) Cyclically Adjusted PB Ratio : 0.87 (As of Jun. 06, 2024)


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What is Takashimaya Co Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Takashimaya Co's current share price is $11.10. Takashimaya Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was $12.80. Takashimaya Co's Cyclically Adjusted PB Ratio for today is 0.87.

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

TKSHF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.59   Max: 1.15
Current: 1.03

During the past years, Takashimaya Co's highest Cyclically Adjusted PB Ratio was 1.15. The lowest was 0.31. And the median was 0.59.

TKSHF's Cyclically Adjusted PB Ratio is ranked better than
54.8% of 761 companies
in the Retail - Cyclical industry
Industry Median: 1.17 vs TKSHF: 1.03

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.

Takashimaya Co's adjusted book value per share data for the three months ended in Feb. 2024 was $19.241. 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 $12.80 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Takashimaya Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Takashimaya 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.

Takashimaya Co Cyclically Adjusted PB Ratio Chart

Takashimaya Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.47 0.48 0.76 0.87

Takashimaya Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.76 0.74 0.86 0.77 0.87

Competitive Comparison of Takashimaya Co's Cyclically Adjusted PB Ratio

For the Department Stores subindustry, Takashimaya 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.


Takashimaya Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Takashimaya Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Takashimaya 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.10/12.8
=0.87

* 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.

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

For example, Takashimaya Co's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=19.241/106.9000*106.9000
=19.241

Current CPI (Feb. 2024) = 106.9000.

Takashimaya Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 20.449 98.100 22.283
201408 20.605 98.300 22.408
201411 18.460 97.900 20.157
201502 19.052 97.600 20.867
201505 18.991 98.700 20.569
201508 18.613 98.400 20.221
201511 18.717 98.100 20.396
201602 19.918 97.800 21.771
201605 20.981 98.200 22.840
201608 22.282 97.900 24.330
201611 21.051 98.600 22.823
201702 20.893 98.100 22.767
201705 21.131 98.600 22.910
201708 21.916 98.500 23.785
201711 21.788 99.100 23.503
201802 23.278 99.500 25.009
201805 22.895 99.300 24.647
201808 22.726 99.800 24.343
201811 22.398 100.000 23.943
201902 23.004 99.700 24.665
201905 23.332 100.000 24.942
201908 24.446 100.000 26.133
201911 24.106 100.500 25.641
202002 23.695 100.300 25.254
202005 22.894 100.100 24.449
202008 22.994 100.100 24.556
202011 23.162 99.500 24.885
202102 22.443 99.800 24.040
202105 21.642 99.400 23.275
202108 21.337 99.700 22.878
202111 20.431 100.100 21.819
202202 20.737 100.700 22.014
202205 18.835 101.800 19.779
202208 18.586 102.700 19.346
202211 18.328 103.900 18.857
202302 19.695 104.000 20.244
202305 19.483 105.100 19.817
202308 18.986 105.900 19.165
202311 18.690 106.900 18.690
202402 19.241 106.900 19.241

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.


Takashimaya Co  (OTCPK:TKSHF) 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.


Takashimaya Co Cyclically Adjusted PB Ratio Related Terms

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


Takashimaya Co (Takashimaya Co) Business Description

Traded in Other Exchanges
Address
No. 1 No. 5, Osaka Namba 5-chome, Chuo-ku, Osaka, JPN, 542-8510
Takashimaya Co Ltd is a Japanese company that operates department stores in Japan and overseas in Singapore and China. The company is involved in shopping-center development, consumer finance, and other businesses. The chain offers a wide variety of products: clothing, cosmetics, household goods, food products, restaurants, and services. The second core business is shopping-center development and management through Toshin development. Other group businesses include design and interior decoration, credit cards, dining and restaurants, advertising and publicity, personnel services and solutions, and insurance.

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