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Metaplanet (TSE:3350) Cyclically Adjusted PB Ratio : 0.74 (As of Jun. 06, 2024)


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What is Metaplanet Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Metaplanet's current share price is 円78.00. Metaplanet's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円105.06. Metaplanet's Cyclically Adjusted PB Ratio for today is 0.74.

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

TSE:3350' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.41   Max: 1.2
Current: 0.8

During the past years, Metaplanet's highest Cyclically Adjusted PB Ratio was 1.20. The lowest was 0.13. And the median was 0.41.

TSE:3350's Cyclically Adjusted PB Ratio is ranked better than
83.62% of 232 companies
in the Restaurants industry
Industry Median: 2.09 vs TSE:3350: 0.80

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.

Metaplanet's adjusted book value per share data for the three months ended in Mar. 2024 was 円9.602. 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105.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metaplanet Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Metaplanet'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.

Metaplanet Cyclically Adjusted PB Ratio Chart

Metaplanet Annual Data
Trend Sep14 Sep15 Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.40 0.30 0.39 0.15

Metaplanet 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 0.26 0.19 0.17 0.15 0.19

Competitive Comparison of Metaplanet's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, Metaplanet'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.


Metaplanet's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Metaplanet's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Metaplanet 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=78.00/105.06
=0.74

* 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.

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

For example, Metaplanet'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)
=9.602/107.2000*107.2000
=9.602

Current CPI (Mar. 2024) = 107.2000.

Metaplanet Quarterly Data

Book Value per Share CPI Adj_Book
201403 244.074 95.700 273.404
201406 0.000 98.000 0.000
201409 259.151 98.500 282.040
201412 259.252 97.900 283.880
201503 265.185 97.900 290.376
201506 262.655 98.400 286.144
201509 160.175 98.500 174.322
201512 144.643 98.100 158.060
201603 131.777 97.900 144.295
201606 107.006 98.100 116.932
201609 94.092 98.000 102.925
201703 132.995 98.100 145.332
201706 133.437 98.500 145.223
201709 142.209 98.800 154.300
201712 141.484 99.400 152.586
201803 161.827 99.200 174.878
201806 165.397 99.200 178.735
201809 163.376 99.900 175.314
201812 161.859 99.700 174.035
201903 99.730 99.700 107.232
201906 100.425 99.800 107.871
201909 103.212 100.100 110.533
201912 57.784 100.500 61.636
202003 46.838 100.300 50.060
202006 41.766 99.900 44.818
202009 34.834 99.900 37.379
202012 7.078 99.300 7.641
202103 22.764 99.900 24.427
202106 8.552 99.500 9.214
202109 0.217 100.100 0.232
202112 -6.531 100.100 -6.994
202203 13.431 101.100 14.241
202206 22.208 101.800 23.386
202209 19.633 103.100 20.414
202212 10.801 104.100 11.123
202303 14.464 104.400 14.852
202306 14.940 105.200 15.224
202309 11.651 106.200 11.761
202312 10.047 106.800 10.085
202403 9.602 107.200 9.602

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.


Metaplanet  (TSE:3350) 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.


Metaplanet Cyclically Adjusted PB Ratio Related Terms

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


Metaplanet (TSE:3350) Business Description

Traded in Other Exchanges
N/A
Address
3-1-6 Motoazabu, Minato-ku, Tokyo, JPN, 106-0046
Metaplanet Inc builds and invests in decentralized, trustless, and secure Web3 platforms, companies, and communities that leverage the power of blockchain technology. The company strive to create a more equitable and decentralized digital economy, where users have full control over their data and assets and to enable practical Web3 adoption for all.

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