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Bunka Shutter Co (TSE:5930) Cyclically Adjusted PB Ratio : 1.64 (As of May. 27, 2024)


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What is Bunka Shutter Co Cyclically Adjusted PB Ratio?

As of today (2024-05-27), Bunka Shutter Co's current share price is 円1769.00. Bunka Shutter Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,081.33. Bunka Shutter Co's Cyclically Adjusted PB Ratio for today is 1.64.

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

TSE:5930' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.89   Med: 1.17   Max: 1.75
Current: 1.6

During the past years, Bunka Shutter Co's highest Cyclically Adjusted PB Ratio was 1.75. The lowest was 0.89. And the median was 1.17.

TSE:5930's Cyclically Adjusted PB Ratio is ranked worse than
62.83% of 1216 companies
in the Construction industry
Industry Median: 1.11 vs TSE:5930: 1.60

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.

Bunka Shutter Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円1,363.434. 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1,081.33 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bunka Shutter Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bunka Shutter 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.

Bunka Shutter Co Cyclically Adjusted PB Ratio Chart

Bunka Shutter Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 1.27 1.08 1.09 -

Bunka Shutter Co 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 1.09 1.07 1.04 1.30 -

Competitive Comparison of Bunka Shutter Co's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, Bunka Shutter 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.


Bunka Shutter Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Bunka Shutter Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Bunka Shutter 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.

Bunka Shutter Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1769.00/1081.33
=1.64

* 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.

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

For example, Bunka Shutter 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)
=1363.434/106.8000*106.8000
=1,363.434

Current CPI (Dec. 2023) = 106.8000.

Bunka Shutter Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 704.354 95.700 786.050
201406 712.973 98.000 776.995
201409 736.891 98.500 798.984
201412 753.319 97.900 821.803
201503 799.598 97.900 872.289
201506 800.295 98.400 868.613
201509 810.575 98.500 878.877
201512 836.602 98.100 910.796
201603 846.927 97.900 923.920
201606 838.628 98.100 913.002
201609 862.033 98.000 939.440
201612 875.813 98.400 950.578
201703 933.518 98.100 1,016.307
201706 928.301 98.500 1,006.523
201709 931.091 98.800 1,006.483
201712 949.056 99.400 1,019.710
201803 979.085 99.200 1,054.096
201806 952.374 99.200 1,025.338
201809 965.597 99.900 1,032.290
201812 983.478 99.700 1,053.515
201903 1,032.424 99.700 1,105.947
201906 1,006.160 99.800 1,076.732
201909 1,031.545 100.100 1,100.589
201912 1,040.417 100.500 1,105.637
202003 1,073.965 100.300 1,143.564
202006 1,044.255 99.900 1,116.381
202009 1,082.320 99.900 1,157.075
202012 1,104.596 99.300 1,188.025
202103 1,175.875 99.900 1,257.092
202106 1,151.082 99.500 1,235.533
202109 1,183.069 100.100 1,262.255
202112 1,182.193 100.100 1,261.321
202203 1,225.941 101.100 1,295.059
202206 1,206.946 101.800 1,266.226
202209 1,240.962 103.100 1,285.497
202212 1,257.182 104.100 1,289.789
202303 1,348.356 104.400 1,379.353
202306 1,337.708 105.200 1,358.053
202309 1,342.592 106.200 1,350.177
202312 1,363.434 106.800 1,363.434

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.


Bunka Shutter Co  (TSE:5930) 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.


Bunka Shutter Co Cyclically Adjusted PB Ratio Related Terms

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


Bunka Shutter Co (TSE:5930) Business Description

Traded in Other Exchanges
N/A
Address
Nishikata 1-chome, 17-3, Bunkyo-ku, Tokyo, JPN, 113-8535
Bunka Shutter Co Ltd is a building materials company that manufactures and sells shutters and construction materials in five diversified business segments. Bunka Shutter is based in Japan and primarily produces products such as light shutters, heavy-duty shutters for large-scale commercial facilities, window shutters, and sliding doors. Its second segment, construction materials, produces exterior products. Bunka operates a service business and a separate reform business, both focused on repair and maintenance services, and a refurbishment business. Lastly, the "other" business segment consists of a water sealing business, solar power business, and travel agency services. The company produces most of its revenue in Japan.

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