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Mac House Co (TSE:7603) Cyclically Adjusted PB Ratio : 0.51 (As of May. 24, 2024)


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What is Mac House Co Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Mac House Co's current share price is 円367.00. Mac House Co's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 was 円722.56. Mac House Co's Cyclically Adjusted PB Ratio for today is 0.51.

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

TSE:7603' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.48   Max: 0.88
Current: 0.51

During the past years, Mac House Co's highest Cyclically Adjusted PB Ratio was 0.88. The lowest was 0.35. And the median was 0.48.

TSE:7603's Cyclically Adjusted PB Ratio is ranked better than
78.55% of 732 companies
in the Retail - Cyclical industry
Industry Median: 1.18 vs TSE:7603: 0.51

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.

Mac House Co's adjusted book value per share data for the three months ended in Nov. 2023 was 円204.898. 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722.56 for the trailing ten years ended in Nov. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mac House Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mac House 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.

Mac House Co Cyclically Adjusted PB Ratio Chart

Mac House 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 0.74 0.48 0.45 0.48 0.49

Mac House 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 0.48 0.49 0.50 0.51 0.52

Competitive Comparison of Mac House Co's Cyclically Adjusted PB Ratio

For the Apparel Retail subindustry, Mac House 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.


Mac House Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mac House Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mac House 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.

Mac House Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=367.00/722.56
=0.51

* 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.

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

For example, Mac House 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)
=204.898/106.9000*106.9000
=204.898

Current CPI (Nov. 2023) = 106.9000.

Mac House Co Quarterly Data

Book Value per Share CPI Adj_Book
201402 1,041.949 95.500 1,166.328
201405 1,025.063 98.100 1,117.016
201408 1,010.980 98.300 1,099.428
201411 996.831 97.900 1,088.470
201502 995.540 97.600 1,090.402
201505 980.740 98.700 1,062.220
201508 981.653 98.400 1,066.450
201511 968.743 98.100 1,055.643
201602 966.943 97.800 1,056.914
201605 954.294 98.200 1,038.839
201608 936.885 97.900 1,023.013
201611 934.146 98.600 1,012.781
201702 938.189 98.100 1,022.349
201705 917.063 98.600 994.260
201708 910.543 98.500 988.193
201711 892.547 99.100 962.798
201802 882.453 99.500 948.083
201805 850.112 99.300 915.176
201808 812.425 99.800 870.223
201811 746.766 100.000 798.293
201902 678.890 99.700 727.917
201905 650.657 100.000 695.552
201908 617.143 100.000 659.726
201911 586.107 100.500 623.431
202002 528.068 100.300 562.816
202005 465.947 100.100 497.600
202008 451.795 100.100 482.486
202011 442.318 99.500 475.214
202102 404.152 99.800 432.904
202105 394.090 99.400 423.825
202108 365.463 99.700 391.856
202111 357.219 100.100 381.486
202202 318.320 100.700 337.919
202205 309.192 101.800 324.682
202208 284.850 102.700 296.499
202211 275.852 103.900 283.817
202302 249.827 104.000 256.793
202305 242.317 105.100 246.467
202308 217.716 105.900 219.772
202311 204.898 106.900 204.898

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.


Mac House Co  (TSE:7603) 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.


Mac House Co Cyclically Adjusted PB Ratio Related Terms

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


Mac House Co (TSE:7603) Business Description

Traded in Other Exchanges
N/A
Address
Shin-KoenjiTwinBuilding, 1-7-7 Umesato, Suginami-ku, Tokyo, JPN, 166-0011
Mac House Co., Ltd. is a retailer. The company focuses on casual clothing and operates a chain of stores worldwide. Some of its products include Jeans, Hat cap, Muffler, Belt, Sneakers, Socks, Sweater, Jackets, Inner shirts, Tops, Bottoms, Coats, Knit cardigan, and others.

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