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Kensoh Co (TSE:7939) Cyclically Adjusted PB Ratio : 0.85 (As of Jun. 09, 2024)


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What is Kensoh Co Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Kensoh Co's current share price is 円523.00. Kensoh Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円614.10. Kensoh Co's Cyclically Adjusted PB Ratio for today is 0.85.

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

TSE:7939' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 0.93   Max: 1.72
Current: 0.85

During the past years, Kensoh Co's highest Cyclically Adjusted PB Ratio was 1.72. The lowest was 0.81. And the median was 0.93.

TSE:7939's Cyclically Adjusted PB Ratio is ranked better than
70.53% of 682 companies
in the Business Services industry
Industry Median: 1.59 vs TSE:7939: 0.85

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.

Kensoh Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円807.546. 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614.10 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kensoh Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kensoh 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.

Kensoh Co Cyclically Adjusted PB Ratio Chart

Kensoh Co 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 1.12 0.83 0.89 0.90 0.83

Kensoh Co 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 0.80 0.83 0.83 0.86 0.85

Competitive Comparison of Kensoh Co's Cyclically Adjusted PB Ratio

For the Specialty Business Services subindustry, Kensoh 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.


Kensoh Co's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Kensoh Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kensoh 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=523.00/614.1
=0.85

* 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.

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

For example, Kensoh Co'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)
=807.546/106.8000*106.8000
=807.546

Current CPI (Dec. 2023) = 106.8000.

Kensoh Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 360.428 95.700 402.233
201406 347.806 98.000 379.038
201409 358.748 98.500 388.978
201412 368.690 97.900 402.207
201503 408.240 97.900 445.353
201506 391.917 98.400 425.373
201509 395.605 98.500 428.940
201512 422.647 98.100 460.129
201603 456.023 97.900 497.480
201606 446.620 98.100 486.229
201609 449.151 98.000 489.483
201612 459.699 98.400 498.942
201703 502.589 98.100 547.161
201706 483.581 98.500 524.329
201709 494.708 98.800 534.765
201712 508.687 99.400 546.557
201803 562.971 99.200 606.102
201806 548.995 99.200 591.055
201809 551.957 99.900 590.080
201812 566.755 99.700 607.116
201903 601.016 99.700 643.817
201906 589.094 99.800 630.413
201909 587.070 100.100 626.364
201912 597.203 100.500 634.640
202003 634.928 100.300 676.075
202006 623.216 99.900 666.261
202009 614.197 99.900 656.619
202012 678.685 99.300 729.945
202103 712.710 99.900 761.936
202106 706.962 99.500 758.830
202109 715.411 100.100 763.296
202112 729.894 100.100 778.748
202203 750.567 101.100 792.884
202206 743.371 101.800 779.882
202209 752.666 103.100 779.677
202212 773.745 104.100 793.813
202303 801.464 104.400 819.888
202306 795.273 105.200 807.368
202309 799.964 106.200 804.484
202312 807.546 106.800 807.546

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.


Kensoh Co  (TSE:7939) 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.


Kensoh Co Cyclically Adjusted PB Ratio Related Terms

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


Kensoh Co (TSE:7939) Business Description

Traded in Other Exchanges
N/A
Address
448 Kamifukagawa-cho, Yasagi-ku, Hiroshima, JPN, 739-1792
Kensoh Co Ltd is a Japanese company engaged in manufacturing and selling metal sign products for corporations. Its products include corporate names, billboards, and nameplates for buildings. The company also manufactures and wholesales machinery to create metal signs.

Kensoh Co (TSE:7939) Headlines

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