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ENDO Lighting (TSE:6932) Cyclically Adjusted PB Ratio : 0.90 (As of Jun. 09, 2024)


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What is ENDO Lighting Cyclically Adjusted PB Ratio?

As of today (2024-06-09), ENDO Lighting's current share price is 円1551.00. ENDO Lighting's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,725.79. ENDO Lighting's Cyclically Adjusted PB Ratio for today is 0.90.

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

TSE:6932' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.61   Max: 1.24
Current: 0.9

During the past years, ENDO Lighting's highest Cyclically Adjusted PB Ratio was 1.24. The lowest was 0.38. And the median was 0.61.

TSE:6932's Cyclically Adjusted PB Ratio is ranked better than
65.7% of 309 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.47 vs TSE:6932: 0.90

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.

ENDO Lighting's adjusted book value per share data for the three months ended in Dec. 2023 was 円2,478.174. 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1,725.79 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


ENDO Lighting Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ENDO Lighting'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.

ENDO Lighting Cyclically Adjusted PB Ratio Chart

ENDO Lighting 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 0.63 0.45 0.49 0.62 0.57

ENDO Lighting 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 0.44 0.57 0.76 0.75 0.70

Competitive Comparison of ENDO Lighting's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, ENDO Lighting'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.


ENDO Lighting's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, ENDO Lighting's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



ENDO Lighting 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.

ENDO Lighting's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1551.00/1725.79
=0.90

* 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.

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

For example, ENDO Lighting'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)
=2478.174/106.8000*106.8000
=2,478.174

Current CPI (Dec. 2023) = 106.8000.

ENDO Lighting Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,629.704 95.700 1,818.729
201406 1,550.591 98.000 1,689.828
201409 1,632.750 98.500 1,770.332
201412 1,736.768 97.900 1,894.656
201503 1,759.777 97.900 1,919.757
201506 1,719.510 98.400 1,866.297
201509 1,726.143 98.500 1,871.595
201512 1,665.505 98.100 1,813.210
201603 1,392.771 97.900 1,519.387
201606 1,169.914 98.100 1,273.668
201609 1,085.048 98.000 1,182.481
201612 1,171.606 98.400 1,271.621
201703 1,262.224 98.100 1,374.164
201706 1,292.949 98.500 1,401.898
201709 1,351.353 98.800 1,460.774
201712 1,397.373 99.400 1,501.403
201803 1,369.829 99.200 1,474.776
201806 1,371.182 99.200 1,476.232
201809 1,394.395 99.900 1,490.705
201812 1,375.446 99.700 1,473.397
201903 1,418.555 99.700 1,519.575
201906 1,428.233 99.800 1,528.410
201909 1,398.456 100.100 1,492.059
201912 1,441.565 100.500 1,531.932
202003 1,509.444 100.300 1,607.264
202006 1,458.281 99.900 1,559.003
202009 1,473.982 99.900 1,575.789
202012 1,491.239 99.300 1,603.870
202103 1,592.753 99.900 1,702.763
202106 1,703.336 99.500 1,828.304
202109 1,738.460 100.100 1,854.820
202112 1,810.940 100.100 1,932.152
202203 1,911.236 101.100 2,018.991
202206 1,996.846 101.800 2,094.923
202209 2,077.584 103.100 2,152.143
202212 2,095.112 104.100 2,149.452
202303 2,134.093 104.400 2,183.153
202306 2,234.186 105.200 2,268.166
202309 2,392.209 106.200 2,405.724
202312 2,478.174 106.800 2,478.174

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.


ENDO Lighting  (TSE:6932) 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.


ENDO Lighting Cyclically Adjusted PB Ratio Related Terms

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


ENDO Lighting (TSE:6932) Business Description

Traded in Other Exchanges
N/A
Address
1-6-19 Honmachi, Osaka, JPN
ENDO Lighting Corp is a Japanese based lighting equipment manufacturer. The company operates in two business divisions including lighting business and interior business. Lighting business is engaged in designing, manufacturing, and sale of lighting fixtures. Interior business is engaged in the sale of interior furniture and supplies. It supplies its products to commercial facilities including department stores and hotels, offices, factories, and schools.

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