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Eiken Industries Co (TSE:7265) Cyclically Adjusted PB Ratio : 0.64 (As of May. 24, 2024)


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What is Eiken Industries Co Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Eiken Industries Co's current share price is 円3280.00. Eiken Industries Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was 円5,132.19. Eiken Industries Co's Cyclically Adjusted PB Ratio for today is 0.64.

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

TSE:7265' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.61   Max: 1.02
Current: 0.63

During the past years, Eiken Industries Co's highest Cyclically Adjusted PB Ratio was 1.02. The lowest was 0.46. And the median was 0.61.

TSE:7265's Cyclically Adjusted PB Ratio is ranked better than
84.96% of 2081 companies
in the Industrial Products industry
Industry Median: 1.85 vs TSE:7265: 0.63

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.

Eiken Industries Co's adjusted book value per share data for the three months ended in Jan. 2024 was 円5,562.313. 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5,132.19 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eiken Industries Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Eiken Industries 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.

Eiken Industries Co Cyclically Adjusted PB Ratio Chart

Eiken Industries Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.55 0.75 0.57 0.52

Eiken Industries Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.53 0.56 0.60 0.52 0.57

Competitive Comparison of Eiken Industries Co's Cyclically Adjusted PB Ratio

For the Pollution & Treatment Controls subindustry, Eiken Industries 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.


Eiken Industries Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Eiken Industries Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Eiken Industries 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.

Eiken Industries Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3280.00/5132.19
=0.64

* 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.

Eiken Industries Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Eiken Industries Co's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=5562.313/106.9000*106.9000
=5,562.313

Current CPI (Jan. 2024) = 106.9000.

Eiken Industries Co Quarterly Data

Book Value per Share CPI Adj_Book
201404 3,647.395 97.700 3,990.855
201407 3,704.874 98.100 4,037.217
201410 3,776.141 98.200 4,110.687
201501 4,716.099 97.800 5,154.918
201504 4,831.395 98.400 5,248.741
201507 4,931.233 98.300 5,362.653
201510 4,010.892 98.500 4,352.938
201601 3,966.862 97.700 4,340.405
201604 4,025.827 98.100 4,386.961
201607 4,105.867 97.900 4,483.322
201610 4,207.059 98.600 4,561.203
201701 4,219.968 98.200 4,593.835
201704 4,324.144 98.500 4,692.903
201707 4,467.910 98.300 4,858.795
201710 4,516.599 98.800 4,886.887
201801 4,472.231 99.500 4,804.839
201804 4,616.232 99.100 4,979.568
201807 4,670.117 99.200 5,032.616
201810 4,779.486 100.200 5,099.072
201901 4,735.197 99.700 5,077.157
201904 4,827.007 100.000 5,160.070
201907 4,917.770 99.800 5,267.631
201910 4,996.336 100.400 5,319.804
202001 4,959.102 100.500 5,274.906
202004 5,005.432 100.200 5,340.127
202007 5,050.924 100.000 5,399.438
202010 5,091.494 99.800 5,453.715
202101 5,100.296 99.800 5,463.143
202104 5,194.571 99.100 5,603.427
202107 5,326.943 99.700 5,711.637
202110 5,477.081 99.900 5,860.860
202201 5,407.006 100.300 5,762.801
202204 5,502.186 101.500 5,794.913
202207 5,579.175 102.300 5,830.047
202210 5,630.252 103.700 5,803.992
202301 5,537.800 104.700 5,654.163
202304 5,595.077 105.100 5,690.901
202307 5,609.682 105.700 5,673.368
202310 5,615.215 107.100 5,604.729
202401 5,562.313 106.900 5,562.313

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.


Eiken Industries Co  (TSE:7265) 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.


Eiken Industries Co Cyclically Adjusted PB Ratio Related Terms

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


Eiken Industries Co (TSE:7265) Business Description

Traded in Other Exchanges
N/A
Address
1370 Kadoya, Omaezaki-shi, Shizuoka, JPN, 437-1698
Eiken Industries Co Ltd is a Japan based company filtration equipment manufacturer. It is engaged in manufacturing filers for internal combustion engines and special filters for industrial use. The products offered by the company include oil filter, air filter, fuel filter, cabin filter and burners.

Eiken Industries Co (TSE:7265) Headlines

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