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Seiko Epson (TSE:6724) Cyclically Adjusted PB Ratio : 1.48 (As of Jun. 05, 2024)


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What is Seiko Epson Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Seiko Epson's current share price is 円2537.00. Seiko Epson's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円1,716.68. Seiko Epson's Cyclically Adjusted PB Ratio for today is 1.48.

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

TSE:6724' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.48   Max: 2.83
Current: 1.47

During the past years, Seiko Epson's highest Cyclically Adjusted PB Ratio was 2.83. The lowest was 0.86. And the median was 1.48.

TSE:6724's Cyclically Adjusted PB Ratio is ranked better than
55.84% of 1893 companies
in the Hardware industry
Industry Median: 1.68 vs TSE:6724: 1.47

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.

Seiko Epson's adjusted book value per share data for the three months ended in Mar. 2024 was 円2,444.720. 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1,716.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Seiko Epson Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Seiko Epson'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.

Seiko Epson Cyclically Adjusted PB Ratio Chart

Seiko Epson 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 1.48 1.37 1.23 1.54

Seiko Epson 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 1.23 1.41 1.44 1.26 1.54

Competitive Comparison of Seiko Epson's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Seiko Epson'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.


Seiko Epson's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Seiko Epson 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.

Seiko Epson's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2537.00/1716.68
=1.48

* 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.

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

For example, Seiko Epson'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)
=2444.72/107.2000*107.2000
=2,444.720

Current CPI (Mar. 2024) = 107.2000.

Seiko Epson Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,126.795 98.000 1,232.576
201409 1,237.589 98.500 1,346.899
201412 1,364.762 97.900 1,494.407
201503 1,381.657 97.900 1,512.907
201506 1,396.971 98.400 1,521.903
201509 1,387.006 98.500 1,509.513
201512 1,449.568 98.100 1,584.034
201603 1,307.580 97.900 1,431.793
201606 1,185.114 98.100 1,295.048
201609 1,204.520 98.000 1,317.597
201612 1,365.138 98.400 1,487.224
201703 1,397.399 98.100 1,527.025
201706 1,408.156 98.500 1,532.531
201709 1,397.399 98.800 1,516.206
201712 1,491.402 99.400 1,608.434
201803 1,455.664 99.200 1,573.056
201806 1,475.568 99.200 1,594.565
201809 1,520.792 99.900 1,631.921
201812 1,513.064 99.700 1,626.885
201903 1,533.573 99.700 1,648.937
201906 1,478.452 99.800 1,588.077
201909 1,511.391 100.100 1,618.593
201912 1,536.152 100.500 1,638.562
202003 1,456.204 100.300 1,556.382
202006 1,437.249 99.900 1,542.273
202009 1,452.165 99.900 1,558.279
202012 1,474.785 99.300 1,592.114
202103 1,592.363 99.900 1,708.722
202106 1,622.700 99.500 1,748.276
202109 1,683.169 100.100 1,802.555
202112 1,758.965 100.100 1,883.727
202203 1,923.675 101.100 2,039.742
202206 2,067.287 101.800 2,176.947
202209 2,177.337 103.100 2,263.924
202212 2,093.799 104.100 2,156.150
202303 2,194.018 104.400 2,252.861
202306 2,319.086 105.200 2,363.175
202309 2,372.298 106.200 2,394.636
202312 2,335.179 106.800 2,343.925
202403 2,444.720 107.200 2,444.720

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.


Seiko Epson  (TSE:6724) 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.


Seiko Epson Cyclically Adjusted PB Ratio Related Terms

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


Seiko Epson (TSE:6724) Business Description

Industry
Traded in Other Exchanges
Address
3-5 Owa 3-chome, Suwa, Nagano, JPN, 392-8502
Seiko Epson Corp is a Japan-based electronics manufacturer of printers and imaging equipment. The firm's product portfolio includes inkjet, dot matrix, and laser printers, scanners, desktop computers, business, multimedia and home theatre projectors, large home theatre televisions, robots and industrial automation equipment, point of sale docket printers and cash registers, laptops, integrated circuits, and associated electronic components. The firm has operations in the Americas, Middle East and Africa, Australia, and Asia-Pacific regions.

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