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Sun (TSE:6736) Cyclically Adjusted PB Ratio : 4.55 (As of May. 26, 2024)


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What is Sun Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Sun's current share price is 円3945.00. Sun's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円866.98. Sun's Cyclically Adjusted PB Ratio for today is 4.55.

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

TSE:6736' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.85   Med: 2.69   Max: 6.66
Current: 4.55

During the past years, Sun's highest Cyclically Adjusted PB Ratio was 6.66. The lowest was 0.85. And the median was 2.69.

TSE:6736's Cyclically Adjusted PB Ratio is ranked worse than
86.1% of 1871 companies
in the Hardware industry
Industry Median: 1.66 vs TSE:6736: 4.55

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.

Sun's adjusted book value per share data for the three months ended in Dec. 2023 was 円1,508.885. 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866.98 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sun Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sun'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.

Sun Cyclically Adjusted PB Ratio Chart

Sun 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 2.18 6.04 2.90 2.45 -

Sun 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 2.45 2.19 2.11 2.60 -

Competitive Comparison of Sun's Cyclically Adjusted PB Ratio

For the Consumer Electronics subindustry, Sun'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.


Sun's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Sun 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.

Sun's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3945.00/866.98
=4.55

* 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.

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

For example, Sun'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)
=1508.885/106.8000*106.8000
=1,508.885

Current CPI (Dec. 2023) = 106.8000.

Sun Quarterly Data

Book Value per Share CPI Adj_Book
201403 633.513 95.700 706.993
201406 639.752 98.000 697.199
201409 655.784 98.500 711.043
201412 719.403 97.900 784.803
201503 717.792 97.900 783.046
201506 698.274 98.400 757.883
201509 702.631 98.500 761.837
201512 696.645 98.100 758.427
201603 699.614 97.900 763.215
201606 650.294 98.100 707.965
201609 609.099 98.000 663.794
201612 608.787 98.400 660.757
201703 638.711 98.100 695.355
201706 594.770 98.500 644.888
201709 574.710 98.800 621.245
201712 540.153 99.400 580.366
201803 528.787 99.200 569.299
201806 505.020 99.200 543.711
201809 501.723 99.900 536.377
201812 495.199 99.700 530.464
201903 439.013 99.700 470.277
201906 742.993 99.800 795.107
201909 678.623 100.100 724.045
201912 646.519 100.500 687.047
202003 634.693 100.300 675.825
202006 605.550 99.900 647.375
202009 618.870 99.900 661.615
202012 628.171 99.300 675.616
202103 687.716 99.900 735.216
202106 721.695 99.500 774.643
202109 1,399.916 100.100 1,493.617
202112 898.328 100.100 958.456
202203 1,129.450 101.100 1,193.128
202206 1,412.788 101.800 1,482.178
202209 1,594.076 103.100 1,651.283
202212 1,496.019 104.100 1,534.821
202303 1,547.065 104.400 1,582.630
202306 1,464.135 105.200 1,486.403
202309 1,454.100 106.200 1,462.315
202312 1,508.885 106.800 1,508.885

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.


Sun  (TSE:6736) 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.


Sun Cyclically Adjusted PB Ratio Related Terms

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


Sun (TSE:6736) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sun Corp (TSE:6736) » Definitions » Cyclically Adjusted PB Ratio
Traded in Other Exchanges
Address
250 Asahi, Kochino-cho, Aichi Prefecture, Konan, JPN, 483-8555
Sun Corp is a Japanese company engaged in the business of providing mobile data solutions, gaming content, Online to Online solutions, and Enterprise AR solution.

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