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Maruzen CHI Holdings Co (TSE:3159) Cyclically Adjusted PB Ratio : 0.76 (As of Jun. 09, 2024)


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What is Maruzen CHI Holdings Co Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Maruzen CHI Holdings Co's current share price is 円336.00. Maruzen CHI Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was 円440.85. Maruzen CHI Holdings Co's Cyclically Adjusted PB Ratio for today is 0.76.

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

TSE:3159' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 0.94   Max: 1.09
Current: 0.76

During the past years, Maruzen CHI Holdings Co's highest Cyclically Adjusted PB Ratio was 1.09. The lowest was 0.73. And the median was 0.94.

TSE:3159's Cyclically Adjusted PB Ratio is ranked better than
66.23% of 767 companies
in the Retail - Cyclical industry
Industry Median: 1.17 vs TSE:3159: 0.76

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.

Maruzen CHI Holdings Co's adjusted book value per share data for the three months ended in Jan. 2024 was 円508.117. 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440.85 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maruzen CHI Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Maruzen CHI Holdings 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.

Maruzen CHI Holdings Co Cyclically Adjusted PB Ratio Chart

Maruzen CHI Holdings Co Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.97 0.92 0.83 0.75

Maruzen CHI Holdings Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.83 0.84 0.80 0.75 0.75

Competitive Comparison of Maruzen CHI Holdings Co's Cyclically Adjusted PB Ratio

For the Specialty Retail subindustry, Maruzen CHI Holdings 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.


Maruzen CHI Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

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



Maruzen CHI Holdings 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.

Maruzen CHI Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=336.00/440.85
=0.76

* 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.

Maruzen CHI Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Maruzen CHI Holdings Co's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=508.117/106.9000*106.9000
=508.117

Current CPI (Jan. 2024) = 106.9000.

Maruzen CHI Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201404 359.290 97.700 393.123
201407 352.234 98.100 383.831
201410 353.466 98.200 384.781
201501 352.335 97.800 385.119
201504 371.114 98.400 403.172
201507 368.002 98.300 400.197
201510 366.446 98.500 397.696
201601 367.238 97.700 401.819
201604 385.293 98.100 419.855
201607 383.586 97.900 418.849
201610 374.823 98.600 406.375
201701 369.714 98.200 402.469
201704 390.016 98.500 423.276
201707 383.717 98.300 417.287
201710 381.426 98.800 412.697
201801 367.220 99.500 394.531
201804 392.201 99.100 423.071
201807 385.113 99.200 415.006
201810 384.810 100.200 410.541
201901 390.604 99.700 418.812
201904 411.793 100.000 440.207
201907 413.900 99.800 443.346
201910 416.688 100.400 443.665
202001 416.951 100.500 443.503
202004 416.097 100.200 443.920
202007 412.856 100.000 441.343
202010 426.665 99.800 457.019
202101 435.580 99.800 466.568
202104 456.823 99.100 492.779
202107 453.884 99.700 486.662
202110 455.689 99.900 487.619
202201 461.246 100.300 491.597
202204 474.256 101.500 499.487
202207 469.426 102.300 490.534
202210 473.597 103.700 488.211
202301 485.131 104.700 495.325
202304 499.869 105.100 508.430
202307 495.212 105.700 500.834
202310 493.181 107.100 492.260
202401 508.117 106.900 508.117

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.


Maruzen CHI Holdings Co  (TSE:3159) 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.


Maruzen CHI Holdings Co Cyclically Adjusted PB Ratio Related Terms

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Maruzen CHI Holdings Co (TSE:3159) Business Description

Traded in Other Exchanges
N/A
Address
Number 31- 2, Shinjuku-ku, Ichigayasanai town, Tokyo, JPN, 162-0846
Maruzen CHI Holdings Co Ltd is engaged in the sale of books and magazines and academic information. The company also undertakes library management consignment work and administrative agency of educational facilities such as libraries, design and supervision of construction work, the publishing business of books, and magazine.

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