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Waseda Academy Co (TSE:4718) Cyclically Adjusted PB Ratio : 3.08 (As of Jun. 14, 2024)


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What is Waseda Academy Co Cyclically Adjusted PB Ratio?

As of today (2024-06-14), Waseda Academy Co's current share price is 円1584.00. Waseda Academy Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円514.98. Waseda Academy Co's Cyclically Adjusted PB Ratio for today is 3.08.

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

TSE:4718' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.82   Med: 2.45   Max: 3.58
Current: 3.1

During the past years, Waseda Academy Co's highest Cyclically Adjusted PB Ratio was 3.58. The lowest was 1.82. And the median was 2.45.

TSE:4718's Cyclically Adjusted PB Ratio is ranked worse than
82.52% of 143 companies
in the Education industry
Industry Median: 1.19 vs TSE:4718: 3.10

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.

Waseda Academy Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円717.399. 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514.98 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Waseda Academy Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Waseda Academy 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.

Waseda Academy Co Cyclically Adjusted PB Ratio Chart

Waseda Academy Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.84 2.31 2.21 2.30 2.56

Waseda Academy Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.36 2.56 2.73 2.83 3.49

Competitive Comparison of Waseda Academy Co's Cyclically Adjusted PB Ratio

For the Education & Training Services subindustry, Waseda Academy 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.


Waseda Academy Co's Cyclically Adjusted PB Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Waseda Academy Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Waseda Academy 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1584.00/514.98
=3.08

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=717.399/106.8000*106.8000
=717.399

Current CPI (Dec. 2023) = 106.8000.

Waseda Academy Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 361.815 95.700 403.781
201406 327.186 98.000 356.566
201409 364.939 98.500 395.690
201412 366.176 97.900 399.465
201503 372.873 97.900 406.771
201506 341.196 98.400 370.322
201509 381.414 98.500 413.553
201512 390.065 98.100 424.658
201603 392.907 97.900 428.626
201606 355.091 98.100 386.582
201609 398.875 98.000 434.692
201612 409.368 98.400 444.314
201703 422.357 98.100 459.814
201706 390.513 98.500 423.419
201709 433.025 98.800 468.088
201712 445.630 99.400 478.806
201803 441.754 99.200 475.598
201806 404.710 99.200 435.716
201809 455.430 99.900 486.886
201812 455.682 99.700 488.133
201903 481.332 99.700 515.609
201906 445.147 99.800 476.370
201909 495.940 100.100 529.135
201912 523.352 100.500 556.159
202003 520.289 100.300 554.007
202006 463.966 99.900 496.012
202009 508.138 99.900 543.235
202012 521.407 99.300 560.788
202103 583.594 99.900 623.902
202106 544.186 99.500 584.111
202109 590.112 100.100 629.610
202112 590.464 100.100 629.986
202203 606.225 101.100 640.404
202206 578.758 101.800 607.184
202209 629.257 103.100 651.839
202212 639.503 104.100 656.090
202303 664.597 104.400 679.875
202306 647.040 105.200 656.881
202309 705.022 106.200 709.005
202312 717.399 106.800 717.399

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.


Waseda Academy Co  (TSE:4718) 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.


Waseda Academy Co Cyclically Adjusted PB Ratio Related Terms

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


Waseda Academy Co (TSE:4718) Business Description

Traded in Other Exchanges
N/A
Address
No. 53, No. 52, Ikebukuro, Toshima Ward, Tokyo, JPN, 171-0014
Waseda Academy Co Ltd is engaged in the management school and junior high and high school students to target elementary school students.

Waseda Academy Co (TSE:4718) Headlines

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