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ITOCHU-SHOKUHIN Co (TSE:2692) Cyclically Adjusted PB Ratio : 1.00 (As of Jun. 14, 2024)


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What is ITOCHU-SHOKUHIN Co Cyclically Adjusted PB Ratio?

As of today (2024-06-14), ITOCHU-SHOKUHIN Co's current share price is 円7190.00. ITOCHU-SHOKUHIN Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円7,210.86. ITOCHU-SHOKUHIN Co's Cyclically Adjusted PB Ratio for today is 1.00.

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

TSE:2692' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 0.85   Max: 1.26
Current: 0.97

During the past years, ITOCHU-SHOKUHIN Co's highest Cyclically Adjusted PB Ratio was 1.26. The lowest was 0.65. And the median was 0.85.

TSE:2692's Cyclically Adjusted PB Ratio is ranked better than
69.43% of 229 companies
in the Retail - Defensive industry
Industry Median: 1.62 vs TSE:2692: 0.97

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.

ITOCHU-SHOKUHIN Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円8,424.463. 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 円7,210.86 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


ITOCHU-SHOKUHIN Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ITOCHU-SHOKUHIN 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.

ITOCHU-SHOKUHIN Co Cyclically Adjusted PB Ratio Chart

ITOCHU-SHOKUHIN Co 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 0.74 0.90 0.75 0.74 -

ITOCHU-SHOKUHIN 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 0.74 0.74 0.96 1.10 -

Competitive Comparison of ITOCHU-SHOKUHIN Co's Cyclically Adjusted PB Ratio

For the Food Distribution subindustry, ITOCHU-SHOKUHIN 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.


ITOCHU-SHOKUHIN Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

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

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



ITOCHU-SHOKUHIN 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.

ITOCHU-SHOKUHIN Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7190.00/7210.86
=1.00

* 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.

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

For example, ITOCHU-SHOKUHIN Co'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)
=8424.463/106.8000*106.8000
=8,424.463

Current CPI (Dec. 2023) = 106.8000.

ITOCHU-SHOKUHIN Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 5,387.953 95.700 6,012.888
201406 5,472.624 98.000 5,964.043
201409 5,551.609 98.500 6,019.410
201412 5,688.547 97.900 6,205.688
201503 5,825.375 97.900 6,354.955
201506 5,901.401 98.400 6,405.179
201509 5,936.609 98.500 6,436.851
201512 6,067.862 98.100 6,605.990
201603 5,975.229 97.900 6,518.432
201606 5,896.397 98.100 6,419.319
201609 6,057.254 98.000 6,601.171
201612 6,196.066 98.400 6,724.998
201703 6,279.931 98.100 6,836.867
201706 6,344.326 98.500 6,878.924
201709 6,433.312 98.800 6,954.228
201712 6,667.875 99.400 7,164.276
201803 6,639.264 99.200 7,147.917
201806 6,718.634 99.200 7,233.368
201809 6,761.748 99.900 7,228.776
201812 6,724.703 99.700 7,203.594
201903 6,697.511 99.700 7,174.465
201906 6,581.254 99.800 7,042.865
201909 6,713.117 100.100 7,162.447
201912 6,868.231 100.500 7,298.777
202003 6,781.216 100.300 7,220.677
202006 6,886.044 99.900 7,361.657
202009 7,087.031 99.900 7,576.526
202012 7,269.732 99.300 7,818.805
202103 7,354.499 99.900 7,862.467
202106 7,390.204 99.500 7,932.400
202109 7,583.706 100.100 8,091.307
202112 7,543.430 100.100 8,048.335
202203 7,505.123 101.100 7,928.260
202206 7,522.148 101.800 7,891.605
202209 7,676.792 103.100 7,952.293
202212 7,897.487 104.100 8,102.321
202303 7,863.184 104.400 8,043.947
202306 8,098.462 105.200 8,221.633
202309 8,315.375 106.200 8,362.355
202312 8,424.463 106.800 8,424.463

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.


ITOCHU-SHOKUHIN Co  (TSE:2692) 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.


ITOCHU-SHOKUHIN Co Cyclically Adjusted PB Ratio Related Terms

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ITOCHU-SHOKUHIN Co (TSE:2692) Business Description

Traded in Other Exchanges
N/A
Address
2-2-22 Shiromi, Chuo-ku, Osaka, JPN, 540-8522
ITOCHU-SHOKUHIN Co Ltd is a Japan-based wholesale and distribution of Food company. It is mainly engaged in the sale of food and beverages. Its business division includes The Food Wholesale division which is engaged in the purchase and wholesale of food products and alcohol, the storage and transportation of its products, the provision of information regarding various products, as well as the merchandising business related to product distribution. The others division is involved in the logistics management and transportation business, the retail business, the service business, as well as the food product manufacturing business.

ITOCHU-SHOKUHIN Co (TSE:2692) Headlines

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