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KU Holdings Co (TSE:9856) Cyclically Adjusted PB Ratio : 0.80 (As of May. 28, 2024)


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What is KU Holdings Co Cyclically Adjusted PB Ratio?

As of today (2024-05-28), KU Holdings Co's current share price is 円1175.00. KU Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,466.56. KU Holdings Co's Cyclically Adjusted PB Ratio for today is 0.80.

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

TSE:9856' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 0.85   Max: 1.22
Current: 0.82

During the past years, KU Holdings Co's highest Cyclically Adjusted PB Ratio was 1.22. The lowest was 0.68. And the median was 0.85.

TSE:9856's Cyclically Adjusted PB Ratio is ranked better than
66.1% of 944 companies
in the Vehicles & Parts industry
Industry Median: 1.27 vs TSE:9856: 0.82

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.

KU Holdings Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円1,925.672. 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1,466.56 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


KU Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for KU Holdings 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.

KU Holdings Co Cyclically Adjusted PB Ratio Chart

KU Holdings 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 0.83 0.78 0.84 0.86 1.08

KU Holdings 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 1.03 1.08 0.89 0.83 0.76

Competitive Comparison of KU Holdings Co's Cyclically Adjusted PB Ratio

For the Auto & Truck Dealerships subindustry, KU Holdings 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.


KU Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, KU Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



KU Holdings 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1175.00/1466.56
=0.80

* 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.

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

For example, KU Holdings 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)
=1925.672/106.8000*106.8000
=1,925.672

Current CPI (Dec. 2023) = 106.8000.

KU Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 974.768 95.700 1,087.829
201406 969.419 98.000 1,056.469
201409 990.198 98.500 1,073.636
201412 1,007.183 97.900 1,098.745
201503 1,043.719 97.900 1,138.603
201506 1,050.364 98.400 1,140.029
201509 1,072.310 98.500 1,162.667
201512 1,085.243 98.100 1,181.488
201603 1,112.648 97.900 1,213.798
201606 1,107.993 98.100 1,206.255
201609 1,136.634 98.000 1,238.699
201612 1,160.070 98.400 1,259.100
201703 1,196.537 98.100 1,302.652
201706 1,200.183 98.500 1,301.315
201709 1,243.654 98.800 1,344.355
201712 1,270.731 99.400 1,365.333
201803 1,294.474 99.200 1,393.647
201806 1,290.178 99.200 1,389.022
201809 1,327.142 99.900 1,418.806
201812 1,348.429 99.700 1,444.456
201903 1,379.390 99.700 1,477.621
201906 1,372.650 99.800 1,468.928
201909 1,409.258 100.100 1,503.584
201912 1,432.724 100.500 1,522.537
202003 1,457.369 100.300 1,551.815
202006 1,436.609 99.900 1,535.834
202009 1,482.618 99.900 1,585.021
202012 1,516.178 99.300 1,630.693
202103 1,549.044 99.900 1,656.035
202106 1,553.517 99.500 1,667.494
202109 1,612.804 100.100 1,720.754
202112 1,650.267 100.100 1,760.724
202203 1,684.344 101.100 1,779.307
202206 1,686.826 101.800 1,769.676
202209 1,759.997 103.100 1,823.159
202212 1,801.751 104.100 1,848.482
202303 1,823.873 104.400 1,865.801
202306 1,824.370 105.200 1,852.117
202309 1,889.582 106.200 1,900.258
202312 1,925.672 106.800 1,925.672

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.


KU Holdings Co  (TSE:9856) 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.


KU Holdings Co Cyclically Adjusted PB Ratio Related Terms

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


KU Holdings Co (TSE:9856) Business Description

Traded in Other Exchanges
N/A
Address
Tsuruma 1670 in Machida, Tokyo, JPN, 194-8555
KU Holdings Co Ltd is a holding company.

KU Holdings Co (TSE:9856) Headlines

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