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Katsuragawa Electric Co (TSE:6416) Cyclically Adjusted PB Ratio : 0.20 (As of Jun. 09, 2024)


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What is Katsuragawa Electric Co Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Katsuragawa Electric Co's current share price is 円960.00. Katsuragawa Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円4,852.19. Katsuragawa Electric Co's Cyclically Adjusted PB Ratio for today is 0.20.

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

TSE:6416' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.13   Max: 0.22
Current: 0.2

During the past years, Katsuragawa Electric Co's highest Cyclically Adjusted PB Ratio was 0.22. The lowest was 0.09. And the median was 0.13.

TSE:6416's Cyclically Adjusted PB Ratio is ranked better than
95.52% of 1899 companies
in the Hardware industry
Industry Median: 1.67 vs TSE:6416: 0.20

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.

Katsuragawa Electric Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円3,050.658. 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4,852.19 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Katsuragawa Electric Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Katsuragawa Electric 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.

Katsuragawa Electric Co Cyclically Adjusted PB Ratio Chart

Katsuragawa Electric 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 0.16 0.10 0.11 0.12 0.11

Katsuragawa Electric 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 0.11 0.11 0.13 0.15 0.14

Competitive Comparison of Katsuragawa Electric Co's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Katsuragawa Electric 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.


Katsuragawa Electric Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Katsuragawa Electric Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Katsuragawa Electric 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.

Katsuragawa Electric Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=960.00/4852.19
=0.20

* 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.

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

For example, Katsuragawa Electric 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)
=3050.658/106.8000*106.8000
=3,050.658

Current CPI (Dec. 2023) = 106.8000.

Katsuragawa Electric Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 6,288.334 95.700 7,017.702
201406 6,200.975 98.000 6,757.797
201409 6,264.155 98.500 6,791.998
201412 6,553.058 97.900 7,148.791
201503 6,671.427 97.900 7,277.920
201506 6,825.703 98.400 7,408.385
201509 6,689.316 98.500 7,252.984
201512 6,365.033 98.100 6,929.516
201603 6,158.205 97.900 6,718.042
201606 5,623.626 98.100 6,122.357
201609 5,333.326 98.000 5,812.237
201612 5,398.939 98.400 5,859.824
201703 5,358.659 98.100 5,833.892
201706 5,315.189 98.500 5,763.068
201709 5,268.611 98.800 5,695.219
201712 5,180.210 99.400 5,565.859
201803 4,942.221 99.200 5,320.859
201806 4,845.619 99.200 5,216.856
201809 4,853.511 99.900 5,188.738
201812 4,673.579 99.700 5,006.402
201903 4,414.259 99.700 4,728.614
201906 4,241.217 99.800 4,538.697
201909 4,003.990 100.100 4,271.989
201912 3,900.797 100.500 4,145.325
202003 3,634.720 100.300 3,870.270
202006 3,388.701 99.900 3,622.755
202009 3,284.746 99.900 3,511.620
202012 3,084.658 99.300 3,317.638
202103 3,032.884 99.900 3,242.362
202106 3,092.486 99.500 3,319.372
202109 3,007.598 100.100 3,208.906
202112 2,946.183 100.100 3,143.380
202203 2,927.398 101.100 3,092.444
202206 3,032.401 101.800 3,181.340
202209 3,114.844 103.100 3,226.628
202212 3,092.952 104.100 3,173.173
202303 2,774.799 104.400 2,838.587
202306 2,803.252 105.200 2,845.887
202309 3,052.169 106.200 3,069.413
202312 3,050.658 106.800 3,050.658

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.


Katsuragawa Electric Co  (TSE:6416) 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.


Katsuragawa Electric Co Cyclically Adjusted PB Ratio Related Terms

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Katsuragawa Electric Co (TSE:6416) Business Description

Traded in Other Exchanges
N/A
Address
4-21-1 Shimomaruko, Ohta-ku, Tokyo, JPN, 146-8585
Katsuragawa Electric Co Ltd is a Japan-based company engages in the manufacture and sale of large format color printers, large format printers/multifunction machines, scanners, and related equipment and software.

Katsuragawa Electric Co (TSE:6416) Headlines

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