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Three F Co (TSE:7544) Cyclically Adjusted PB Ratio : 0.95 (As of May. 24, 2024)


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What is Three F Co Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Three F Co's current share price is 円443.00. Three F Co's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 was 円464.40. Three F Co's Cyclically Adjusted PB Ratio for today is 0.95.

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

TSE:7544' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.62   Max: 1.14
Current: 0.95

During the past years, Three F Co's highest Cyclically Adjusted PB Ratio was 1.14. The lowest was 0.47. And the median was 0.62.

TSE:7544's Cyclically Adjusted PB Ratio is ranked better than
68.18% of 220 companies
in the Retail - Defensive industry
Industry Median: 1.58 vs TSE:7544: 0.95

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.

Three F Co's adjusted book value per share data for the three months ended in Nov. 2023 was 円473.297. 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464.40 for the trailing ten years ended in Nov. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Three F Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Three F 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.

Three F Co Cyclically Adjusted PB Ratio Chart

Three F Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.58 0.59 0.62 0.61

Three F Co Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 0.61 0.61 0.64 0.75 0.76

Competitive Comparison of Three F Co's Cyclically Adjusted PB Ratio

For the Grocery Stores subindustry, Three F 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.


Three F Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Three F Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Three F 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.

Three F Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=443.00/464.4
=0.95

* 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.

Three F Co's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 is calculated as:

For example, Three F Co's adjusted Book Value per Share data for the three months ended in Nov. 2023 was:

Adj_Book=Book Value per Share/CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=473.297/106.9000*106.9000
=473.297

Current CPI (Nov. 2023) = 106.9000.

Three F Co Quarterly Data

Book Value per Share CPI Adj_Book
201402 509.577 95.500 570.406
201405 502.184 98.100 547.232
201408 517.102 98.300 562.342
201411 574.132 97.900 626.912
201502 514.334 97.600 563.343
201505 499.813 98.700 541.337
201508 501.661 98.400 544.996
201511 455.323 98.100 496.167
201602 178.091 97.800 194.662
201605 145.351 98.200 158.228
201608 110.630 97.900 120.800
201611 150.895 98.600 163.597
201702 83.171 98.100 90.632
201705 25.611 98.600 27.767
201708 231.162 98.500 250.875
201711 280.668 99.100 302.759
201802 537.840 99.500 577.840
201805 512.625 99.300 551.859
201808 514.077 99.800 550.650
201811 523.846 100.000 559.991
201902 515.004 99.700 552.196
201905 521.209 100.000 557.172
201908 527.810 100.000 564.229
201911 528.074 100.500 561.703
202002 525.575 100.300 560.159
202005 515.938 100.100 550.987
202008 526.631 100.100 562.406
202011 519.766 99.500 558.422
202102 514.223 99.800 550.806
202105 509.338 99.400 547.769
202108 511.846 99.700 548.810
202111 504.453 100.100 538.722
202202 492.969 100.700 523.321
202205 483.595 101.800 507.822
202208 484.783 102.700 504.609
202211 478.710 103.900 492.532
202302 461.283 104.000 474.146
202305 460.887 105.100 468.780
202308 471.317 105.900 475.768
202311 473.297 106.900 473.297

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.


Three F Co  (TSE:7544) 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.


Three F Co Cyclically Adjusted PB Ratio Related Terms

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


Three F Co (TSE:7544) Business Description

Traded in Other Exchanges
N/A
Address
17 Nihon-Ohdori, Naka-ku, Kanagawa-ken, Yokohama, JPN, 231-8507
Three F Co Ltd is primarily engaged in the management of convenience and franchise stores. The company operates stores under the brand name Gooz across Japan which offers fast food such as bakery, box lunch, rice ball and beverages. Its product portfolio includes Yakitori, Chilled Bento, Mochi Potigo, Pork tangerue skewers, Chicken-nosed skewer, Char-grilled salt and skewers, Chicken Tsune, Black Mer Oil Fried Rice, Mozzarella with cream sauce Chicken lunch box, chicken fried chicken and vegetables with black vinegar sauce Lunchbox, Five kinds of cheese in hamburger lunch box, Beef Calbee Grilled Meat Packed Bento, Rice strawberry white chocolate, Mochi Potato Black Honey Kinako, Mustard, Rice cakey and cream Popular cookie.

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