GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Jason Co Ltd (TSE:3080) » Definitions » Cyclically Adjusted PB Ratio

Jason Co (TSE:3080) Cyclically Adjusted PB Ratio : 2.02 (As of May. 28, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Jason Co Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Jason Co's current share price is 円666.00. Jason Co's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 was 円329.43. Jason Co's Cyclically Adjusted PB Ratio for today is 2.02.

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

TSE:3080' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.38   Med: 1.8   Max: 3.72
Current: 2.02

During the past years, Jason Co's highest Cyclically Adjusted PB Ratio was 3.72. The lowest was 1.38. And the median was 1.80.

TSE:3080's Cyclically Adjusted PB Ratio is ranked worse than
58.64% of 220 companies
in the Retail - Defensive industry
Industry Median: 1.55 vs TSE:3080: 2.02

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.

Jason Co's adjusted book value per share data for the three months ended in Nov. 2023 was 円472.880. 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329.43 for the trailing ten years ended in Nov. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jason Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Jason 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.

Jason Co Cyclically Adjusted PB Ratio Chart

Jason Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.86 1.55 2.54 1.65 1.70

Jason Co Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 1.70 1.70 1.62 1.71 1.56

Competitive Comparison of Jason Co's Cyclically Adjusted PB Ratio

For the Discount Stores subindustry, Jason 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.


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

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

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



Jason 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=666.00/329.43
=2.02

* 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.

Jason Co's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 is calculated as:

For example, Jason Co's adjusted Book Value per Share data for the three months ended in Nov. 2023 was:

Adj_Book=Book Value per Share/CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=472.88/106.9000*106.9000
=472.880

Current CPI (Nov. 2023) = 106.9000.

Jason Co Quarterly Data

Book Value per Share CPI Adj_Book
201402 191.049 95.500 213.855
201405 193.168 98.100 210.496
201408 199.641 98.300 217.107
201411 200.402 97.900 218.825
201502 202.197 97.600 221.464
201505 204.211 98.700 221.177
201508 213.179 98.400 231.594
201511 219.057 98.100 238.707
201602 226.105 97.800 247.143
201605 227.199 98.200 247.328
201608 237.542 97.900 259.379
201611 243.853 98.600 264.380
201702 250.107 98.100 272.543
201705 251.045 98.600 272.178
201708 259.802 98.500 281.958
201711 262.000 99.100 282.622
201802 269.904 99.500 289.977
201805 273.488 99.300 294.420
201808 284.117 99.800 304.330
201811 290.222 100.000 310.247
201902 295.070 99.700 316.379
201905 298.057 100.000 318.623
201908 308.375 100.000 329.653
201911 317.205 100.500 337.405
202002 324.528 100.300 345.883
202005 341.209 100.100 364.388
202008 360.746 100.100 385.252
202011 370.186 99.500 397.717
202102 378.395 99.800 405.315
202105 380.320 99.400 409.016
202108 394.327 99.700 422.804
202111 403.268 100.100 430.663
202202 409.889 100.700 435.125
202205 413.613 101.800 434.334
202208 427.015 102.700 444.478
202211 433.711 103.900 446.234
202302 443.705 104.000 456.078
202305 448.712 105.100 456.397
202308 464.447 105.900 468.833
202311 472.880 106.900 472.880

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.


Jason Co  (TSE:3080) 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.


Jason Co Cyclically Adjusted PB Ratio Related Terms

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


Jason Co (TSE:3080) Business Description

Traded in Other Exchanges
N/A
Address
2-8-5 Otsugaoka, Chiba Prefecture, Kashiwa, JPN
Jason Co Ltd is engaged in comprehensive retailing of household necessities. It operates discount stores. The Company sells clothing and interior, household goods, foodstuffs in general, processed meat, general alcoholic beverages, stationery, pet supplies, baby supplies, cosmetics, watches, gardening products. Its subsidiaries are engaged in procurement of goods to supplement operations.

Jason Co (TSE:3080) Headlines

No Headlines