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Goldwin (TSE:8111) Cyclically Adjusted PB Ratio : 7.96 (As of May. 26, 2024)


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What is Goldwin Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Goldwin's current share price is 円8219.00. Goldwin's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,032.16. Goldwin's Cyclically Adjusted PB Ratio for today is 7.96.

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

TSE:8111' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.96   Med: 10.29   Max: 16.78
Current: 7.96

During the past years, Goldwin's highest Cyclically Adjusted PB Ratio was 16.78. The lowest was 3.96. And the median was 10.29.

TSE:8111's Cyclically Adjusted PB Ratio is ranked worse than
92.69% of 698 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.045 vs TSE:8111: 7.96

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.

Goldwin's adjusted book value per share data for the three months ended in Dec. 2023 was 円2,049.253. 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1,032.16 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Goldwin Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Goldwin'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.

Goldwin Cyclically Adjusted PB Ratio Chart

Goldwin 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 10.00 10.51 8.05 13.86 -

Goldwin 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 13.86 12.88 10.24 9.82 -

Competitive Comparison of Goldwin's Cyclically Adjusted PB Ratio

For the Apparel Manufacturing subindustry, Goldwin'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.


Goldwin's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Goldwin's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Goldwin 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8219.00/1032.16
=7.96

* 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.

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

For example, Goldwin'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)
=2049.253/106.8000*106.8000
=2,049.253

Current CPI (Dec. 2023) = 106.8000.

Goldwin Quarterly Data

Book Value per Share CPI Adj_Book
201403 515.120 95.700 574.867
201406 508.741 98.000 554.424
201409 523.893 98.500 568.038
201412 587.870 97.900 641.313
201503 632.130 97.900 689.596
201506 618.583 98.400 671.389
201509 630.802 98.500 683.956
201512 654.934 98.100 713.017
201603 643.790 97.900 702.316
201606 609.708 98.100 663.780
201609 605.377 98.000 659.737
201612 675.674 98.400 733.353
201703 695.074 98.100 756.717
201706 699.527 98.500 758.472
201709 697.626 98.800 754.114
201712 763.021 99.400 819.825
201803 770.155 99.200 829.159
201806 745.164 99.200 802.253
201809 704.869 99.900 753.554
201812 831.849 99.700 891.088
201903 873.847 99.700 936.077
201906 861.073 99.800 921.469
201909 892.787 100.100 952.544
201912 1,041.168 100.500 1,106.435
202003 1,032.319 100.300 1,099.219
202006 967.817 99.900 1,034.663
202009 967.541 99.900 1,034.368
202012 1,115.139 99.300 1,199.364
202103 1,164.137 99.900 1,244.543
202106 1,146.142 99.500 1,230.231
202109 1,170.020 100.100 1,248.333
202112 1,319.634 100.100 1,407.961
202203 1,398.536 101.100 1,477.385
202206 1,331.334 101.800 1,396.724
202209 1,470.931 103.100 1,523.719
202212 1,655.169 104.100 1,698.098
202303 1,774.119 104.400 1,814.903
202306 1,760.110 105.200 1,786.880
202309 1,892.428 106.200 1,903.120
202312 2,049.253 106.800 2,049.253

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.


Goldwin  (TSE:8111) 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.


Goldwin Cyclically Adjusted PB Ratio Related Terms

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


Goldwin (TSE:8111) Business Description

Traded in Other Exchanges
N/A
Address
2-20-6 Shoto, Shibuya-ku, Tokyo, JPN, 150-8517
Goldwin Inc is involved in the business of manufacture and sale of sports products in Japan. It sells brands such as Goldwin, C3fit, Mxp, Speedo,Ellesse, Danskin, Canterbury, Black and white sport, The north face, Helly Hansen, Macpac, Alite, Ice breaker and Fischer.

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