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SYSTEM INFORMATION Co (TSE:3677) Cyclically Adjusted PB Ratio : 6.62 (As of Jun. 09, 2024)


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What is SYSTEM INFORMATION Co Cyclically Adjusted PB Ratio?

As of today (2024-06-09), SYSTEM INFORMATION Co's current share price is 円926.00. SYSTEM INFORMATION Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was 円139.93. SYSTEM INFORMATION Co's Cyclically Adjusted PB Ratio for today is 6.62.

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

TSE:3677' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.3   Med: 6.36   Max: 6.98
Current: 6.62

During the past years, SYSTEM INFORMATION Co's highest Cyclically Adjusted PB Ratio was 6.98. The lowest was 5.30. And the median was 6.36.

TSE:3677's Cyclically Adjusted PB Ratio is not ranked
in the Software industry.
Industry Median: 2.54 vs TSE:3677: 6.62

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.

SYSTEM INFORMATION Co's adjusted book value per share data for the three months ended in Sep. 2023 was 円267.883. 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139.93 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SYSTEM INFORMATION Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SYSTEM INFORMATION 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.

SYSTEM INFORMATION Co Cyclically Adjusted PB Ratio Chart

SYSTEM INFORMATION Co 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 - - - - 6.62

SYSTEM INFORMATION Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - 6.93 6.33 5.77 6.62

Competitive Comparison of SYSTEM INFORMATION Co's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, SYSTEM INFORMATION 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.


SYSTEM INFORMATION Co's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, SYSTEM INFORMATION Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SYSTEM INFORMATION 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=926.00/139.93
=6.62

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=267.883/106.2000*106.2000
=267.883

Current CPI (Sep. 2023) = 106.2000.

SYSTEM INFORMATION Co Quarterly Data

Book Value per Share CPI Adj_Book
201312 46.699 95.600 51.877
201403 49.061 95.700 54.444
201406 50.670 98.000 54.910
201409 53.876 98.500 58.088
201412 53.753 97.900 58.310
201503 58.237 97.900 63.174
201506 60.924 98.400 65.753
201509 63.287 98.500 68.234
201512 63.407 98.100 68.642
201603 68.250 97.900 74.036
201606 72.318 98.100 78.289
201609 78.533 98.000 85.104
201612 79.921 98.400 86.256
201703 86.763 98.100 93.927
201706 91.838 98.500 99.017
201709 98.285 98.800 105.646
201712 97.684 99.400 104.367
201803 105.524 99.200 112.970
201806 114.414 99.200 122.488
201809 126.419 99.900 134.391
201812 124.193 99.700 132.290
201903 135.347 99.700 144.171
201906 144.522 99.800 153.790
201909 139.534 100.100 148.037
201912 139.093 100.500 146.982
202003 148.017 100.300 156.724
202006 160.338 99.900 170.449
202009 172.971 99.900 183.879
202012 166.084 99.300 177.625
202103 178.824 99.900 190.101
202106 188.853 99.500 201.570
202109 206.249 100.100 218.818
202112 205.186 100.100 217.690
202203 223.735 101.100 235.021
202206 221.396 101.800 230.965
202209 234.396 103.100 241.444
202212 229.507 104.100 234.137
202303 242.837 104.400 247.024
202306 256.321 105.200 258.758
202309 267.883 106.200 267.883

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.


SYSTEM INFORMATION Co  (TSE:3677) 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.


SYSTEM INFORMATION Co Cyclically Adjusted PB Ratio Related Terms

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


SYSTEM INFORMATION Co (TSE:3677) Business Description

Traded in Other Exchanges
N/A
Address
1-7-3 Kachidoki, Kachidoki Sun Square, 7th Floor, Tokyo, JPN, 104-0054
SYSTEM INFORMATION Co Ltd is engaged in providing technical services related to the construction of infrastructure, server system, internet/intranet related system, insurance business system, and web application system.

SYSTEM INFORMATION Co (TSE:3677) Headlines

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