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transcosmos (TSE:9715) Cyclically Adjusted PB Ratio : 1.47 (As of May. 20, 2024)


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What is transcosmos Cyclically Adjusted PB Ratio?

As of today (2024-05-20), transcosmos's current share price is 円3150.00. transcosmos's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円2,137.84. transcosmos's Cyclically Adjusted PB Ratio for today is 1.47.

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

TSE:9715' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.72   Max: 2.26
Current: 1.46

During the past years, transcosmos's highest Cyclically Adjusted PB Ratio was 2.26. The lowest was 0.86. And the median was 1.72.

TSE:9715's Cyclically Adjusted PB Ratio is ranked better than
69.73% of 1348 companies
in the Software industry
Industry Median: 2.605 vs TSE:9715: 1.46

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.

transcosmos's adjusted book value per share data for the three months ended in Dec. 2023 was 円2,889.200. 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2,137.84 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


transcosmos Cyclically Adjusted PB Ratio Historical Data

The historical data trend for transcosmos'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.

transcosmos Cyclically Adjusted PB Ratio Chart

transcosmos 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 1.19 1.80 1.75 1.57 -

transcosmos 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 1.57 1.75 1.53 1.41 -

Competitive Comparison of transcosmos's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, transcosmos'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.


transcosmos's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, transcosmos's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



transcosmos 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3150.00/2137.84
=1.47

* 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.

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

For example, transcosmos'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)
=2889.2/106.8000*106.8000
=2,889.200

Current CPI (Dec. 2023) = 106.8000.

transcosmos Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,394.021 95.700 1,555.710
201406 1,369.568 98.000 1,492.550
201409 1,441.152 98.500 1,562.589
201412 1,533.883 97.900 1,673.327
201503 1,580.848 97.900 1,724.561
201506 1,908.297 98.400 2,071.200
201509 1,979.932 98.500 2,146.769
201512 1,987.540 98.100 2,163.805
201603 1,967.237 97.900 2,146.077
201606 1,817.057 98.100 1,978.203
201609 1,808.233 98.000 1,970.605
201612 1,918.595 98.400 2,082.378
201703 1,969.751 98.100 2,144.438
201706 1,896.746 98.500 2,056.573
201709 1,634.331 98.800 1,766.665
201712 1,698.126 99.400 1,824.546
201803 1,630.400 99.200 1,755.310
201806 1,591.076 99.200 1,712.973
201809 1,774.605 99.900 1,897.175
201812 1,783.864 99.700 1,910.899
201903 1,725.292 99.700 1,848.156
201906 1,691.906 99.800 1,810.577
201909 1,724.890 100.100 1,840.342
201912 1,781.783 100.500 1,893.477
202003 1,788.981 100.300 1,904.917
202006 1,780.012 99.900 1,902.956
202009 1,900.422 99.900 2,031.682
202012 2,037.396 99.300 2,191.278
202103 2,069.035 99.900 2,211.941
202106 2,368.642 99.500 2,542.422
202109 2,408.450 100.100 2,569.655
202112 2,536.360 100.100 2,706.126
202203 2,723.323 101.100 2,876.863
202206 2,558.206 101.800 2,683.855
202209 2,708.422 103.100 2,805.620
202212 2,747.662 104.100 2,818.927
202303 2,761.634 104.400 2,825.120
202306 2,655.959 105.200 2,696.354
202309 2,811.865 106.200 2,827.751
202312 2,889.200 106.800 2,889.200

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.


transcosmos  (TSE:9715) 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.


transcosmos Cyclically Adjusted PB Ratio Related Terms

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


transcosmos (TSE:9715) Business Description

Industry
Traded in Other Exchanges
Address
3-25-18, Shibuya, Shibuya-ku, Tokyo, JPN, 150-8530
transcosmos inc is a Japan-based company that provides business process outsourcing services. Offerings of the company are generally categorized into four types, namely outsourcing services, digital marketing, contact center, and e-commerce one-stop services. The outsourcing services support clients' noncore operations, including back-office operations, accounting, human resources, IT operation and maintenance, and others. The digital market services support clients' marketing activities by internet infrastructure. The contact center services help customers deal with customer inquiries and complaints. The e-commerce one-stop services cover e-commerce sit construction, customer care, Internet promotion and analytics.

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