GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Kanaden Corp (TSE:8081) » Definitions » Cyclically Adjusted PB Ratio

Kanaden (TSE:8081) Cyclically Adjusted PB Ratio : 0.91 (As of Oct. 31, 2024)


View and export this data going back to 1963. Start your Free Trial

What is Kanaden Cyclically Adjusted PB Ratio?

As of today (2024-10-31), Kanaden's current share price is 円1467.00. Kanaden's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円1,612.68. Kanaden's Cyclically Adjusted PB Ratio for today is 0.91.

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

TSE:8081' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 0.97   Max: 1.35
Current: 0.89

During the past years, Kanaden's highest Cyclically Adjusted PB Ratio was 1.35. The lowest was 0.68. And the median was 0.97.

TSE:8081's Cyclically Adjusted PB Ratio is ranked better than
51.86% of 403 companies
in the Conglomerates industry
Industry Median: 0.95 vs TSE:8081: 0.89

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.

Kanaden's adjusted book value per share data for the three months ended in Mar. 2024 was 円2,048.187. 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1,612.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kanaden Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kanaden'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.

Kanaden Cyclically Adjusted PB Ratio Chart

Kanaden Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 0.94 0.72 0.78 0.94

Kanaden Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.78 0.85 0.84 0.98 0.94

Competitive Comparison of Kanaden's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Kanaden'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.


Kanaden's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Kanaden's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kanaden 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.

Kanaden's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1467.00/1612.68
=0.91

* 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.

Kanaden's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Kanaden's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2048.187/107.2000*107.2000
=2,048.187

Current CPI (Mar. 2024) = 107.2000.

Kanaden Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,084.738 98.000 1,186.571
201409 1,111.147 98.500 1,209.289
201412 1,123.683 97.900 1,230.427
201503 1,234.717 97.900 1,352.009
201506 1,233.357 98.400 1,343.657
201509 1,237.967 98.500 1,347.310
201512 1,254.022 98.100 1,370.348
201603 1,275.459 97.900 1,396.621
201606 1,257.248 98.100 1,373.873
201609 1,285.378 98.000 1,406.046
201612 1,310.788 98.400 1,428.013
201703 1,363.974 98.100 1,490.500
201706 1,360.458 98.500 1,480.620
201709 1,400.000 98.800 1,519.028
201712 1,422.856 99.400 1,534.509
201803 1,453.500 99.200 1,570.718
201806 1,434.918 99.200 1,550.637
201809 1,475.532 99.900 1,583.354
201812 1,447.534 99.700 1,556.426
201903 1,517.431 99.700 1,631.581
201906 1,496.612 99.800 1,607.583
201909 1,558.860 100.100 1,669.428
201912 1,555.559 100.500 1,659.263
202003 1,568.427 100.300 1,676.325
202006 1,556.885 99.900 1,670.651
202009 1,575.899 99.900 1,691.055
202012 1,592.816 99.300 1,719.536
202103 1,659.336 99.900 1,780.589
202106 1,647.109 99.500 1,774.574
202109 1,667.276 100.100 1,785.534
202112 1,657.994 100.100 1,775.594
202203 1,710.805 101.100 1,814.029
202206 1,711.131 101.800 1,801.898
202209 1,753.931 103.100 1,823.680
202212 1,772.875 104.100 1,825.670
202303 1,893.820 104.400 1,944.612
202306 1,906.922 105.200 1,943.175
202309 1,954.293 106.200 1,972.695
202312 1,954.167 106.800 1,961.486
202403 2,048.187 107.200 2,048.187

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.


Kanaden  (TSE:8081) 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.


Kanaden Cyclically Adjusted PB Ratio Related Terms

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


Kanaden Business Description

Industry
Traded in Other Exchanges
N/A
Address
Triton square z, 1-8-12, Harumi, Chuo-ku, Tokyo, JPN, 104-6215
Kanaden Corp engages in the manufacture and sale of various types of electrical, electronic, communications machinery, related components, and materials. Its FA Systems segment provides factory automation equipment, laser processing machines, and mechatronic products. The building facilities segment offers uninterruptible power supplies, building management systems, air-conditioning equipment. The infrastructure segment manages the sale of substation power equipment, telecommunications equipment, and vehicle-use electrical equipment. It also sells systems for traffic safety, air traffic control. The information and communication equipment segment handles the sale of microcomputers for security systems, video systems, telecommunications equipment, automobiles.

Kanaden Headlines

No Headlines