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COLOPL (TSE:3668) Cyclically Adjusted PB Ratio : 1.06 (As of May. 24, 2024)


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What is COLOPL Cyclically Adjusted PB Ratio?

As of today (2024-05-24), COLOPL's current share price is 円577.00. COLOPL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円543.04. COLOPL's Cyclically Adjusted PB Ratio for today is 1.06.

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

TSE:3668' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.07   Med: 1.31   Max: 1.64
Current: 1.13

During the past years, COLOPL's highest Cyclically Adjusted PB Ratio was 1.64. The lowest was 1.07. And the median was 1.31.

TSE:3668's Cyclically Adjusted PB Ratio is ranked better than
62.29% of 297 companies
in the Interactive Media industry
Industry Median: 1.61 vs TSE:3668: 1.13

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.

COLOPL's adjusted book value per share data for the three months ended in Mar. 2024 was 円573.867. 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543.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


COLOPL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for COLOPL'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.

COLOPL Cyclically Adjusted PB Ratio Chart

COLOPL Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.52 1.14

COLOPL 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 1.24 1.31 1.14 1.12 1.14

Competitive Comparison of COLOPL's Cyclically Adjusted PB Ratio

For the Electronic Gaming & Multimedia subindustry, COLOPL'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.


COLOPL's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, COLOPL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



COLOPL 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=577.00/543.04
=1.06

* 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.

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

For example, COLOPL'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)
=573.867/107.2000*107.2000
=573.867

Current CPI (Mar. 2024) = 107.2000.

COLOPL Quarterly Data

Book Value per Share CPI Adj_Book
201406 217.071 98.000 237.449
201409 245.080 98.500 266.727
201412 269.157 97.900 294.726
201503 265.942 97.900 291.205
201506 303.205 98.400 330.321
201509 354.503 98.500 385.814
201512 389.683 98.100 425.831
201603 434.195 97.900 475.441
201606 451.665 98.100 493.563
201609 499.048 98.000 545.897
201612 503.443 98.400 548.466
201703 517.583 98.100 565.595
201706 532.348 98.500 579.368
201709 551.337 98.800 598.212
201712 540.076 99.400 582.456
201803 548.900 99.200 593.166
201806 550.489 99.200 594.883
201809 555.632 99.900 596.234
201812 535.156 99.700 575.413
201903 536.390 99.700 576.740
201906 535.034 99.800 574.706
201909 544.522 100.100 583.144
201912 550.161 100.500 586.838
202003 568.624 100.300 607.742
202006 582.028 99.900 624.559
202009 592.784 99.900 636.101
202012 578.203 99.300 624.203
202103 599.439 99.900 643.242
202106 587.149 99.500 632.587
202109 591.841 100.100 633.820
202112 576.152 100.100 617.018
202203 586.444 101.100 621.828
202206 597.184 101.800 628.862
202209 597.223 103.100 620.973
202212 571.421 104.100 588.437
202303 582.151 104.400 597.764
202306 588.341 105.200 599.526
202309 594.250 106.200 599.846
202312 567.051 106.800 569.175
202403 573.867 107.200 573.867

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.


COLOPL  (TSE:3668) 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.


COLOPL Cyclically Adjusted PB Ratio Related Terms

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


COLOPL (TSE:3668) Business Description

Traded in Other Exchanges
N/A
Address
Ebisu Garden Place Tower 32F, 4-20-3 Ebisu, Shibuya-ku, Tokyo, JPN, 150-6032
COLOPL Inc is a Japanese company that focuses on creating and selling mobile and smartphone gaming and entertainment platforms. The firm's segments include domestic and mobile gaming services, overseas mobile gaming services, virtual reality services, and other services, including consulting services and specialized smartphone research services. Aside from its operations in Japan, COLOPL has a subsidiary in California. Some of the company's top mobile games include White Cat Project and Quiz RPG: The World of Mystic Wiz. These, along with other games, are sold on the Google Play Store and Apple App Store.

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