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Cox Co (TSE:9876) Cyclically Adjusted PB Ratio : 0.57 (As of Jun. 04, 2024)


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What is Cox Co Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Cox Co's current share price is 円215.00. Cox Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円376.56. Cox Co's Cyclically Adjusted PB Ratio for today is 0.57.

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

TSE:9876' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.39   Max: 0.82
Current: 0.57

During the past years, Cox Co's highest Cyclically Adjusted PB Ratio was 0.82. The lowest was 0.19. And the median was 0.39.

TSE:9876's Cyclically Adjusted PB Ratio is ranked better than
72.74% of 763 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.08 vs TSE:9876: 0.57

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.

Cox Co's adjusted book value per share data for the three months ended in Feb. 2024 was 円275.577. 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376.56 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cox Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cox 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.

Cox Co Cyclically Adjusted PB Ratio Chart

Cox Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.41 0.27 0.38 0.62

Cox Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.38 0.40 0.45 0.74 0.62

Competitive Comparison of Cox Co's Cyclically Adjusted PB Ratio

For the Apparel Manufacturing subindustry, Cox 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.


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

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

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



Cox 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=215.00/376.56
=0.57

* 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.

Cox Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=275.577/106.9000*106.9000
=275.577

Current CPI (Feb. 2024) = 106.9000.

Cox Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 482.778 98.100 526.085
201408 469.664 98.300 510.754
201411 472.733 97.900 516.192
201502 471.035 97.600 515.918
201505 499.615 98.700 541.123
201508 496.931 98.400 539.857
201511 495.371 98.100 539.808
201602 445.688 97.800 487.158
201605 443.034 98.200 482.284
201608 414.356 97.900 452.448
201611 424.273 98.600 459.988
201702 438.237 98.100 477.549
201705 444.193 98.600 481.585
201708 441.216 98.500 478.843
201711 447.454 99.100 482.672
201802 431.182 99.500 463.250
201805 432.021 99.300 465.086
201808 398.660 99.800 427.022
201811 389.799 100.000 416.695
201902 351.014 99.700 376.363
201905 323.089 100.000 345.382
201908 306.452 100.000 327.597
201911 314.456 100.500 334.481
202002 277.454 100.300 295.711
202005 249.625 100.100 266.583
202008 262.572 100.100 280.409
202011 274.105 99.500 294.491
202102 267.844 99.800 286.899
202105 251.666 99.400 270.655
202108 230.501 99.700 247.147
202111 220.222 100.100 235.182
202202 214.886 100.700 228.116
202205 223.594 101.800 234.796
202208 231.926 102.700 241.411
202211 234.965 103.900 241.749
202302 226.882 104.000 233.209
202305 242.451 105.100 246.603
202308 262.293 105.900 264.770
202311 271.121 106.900 271.121
202402 275.577 106.900 275.577

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.


Cox Co  (TSE:9876) 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.


Cox Co Cyclically Adjusted PB Ratio Related Terms

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


Cox Co (TSE:9876) Business Description

Traded in Other Exchanges
N/A
Address
1-2-1 Nihonbashi Hamacho, Chuo-ku, Tokyo, JPN, 103-0007
Cox Co., Ltd is engaged in planning, manufacturing, and sale of men's apparel, ladies apparel, children's clothing, and miscellaneous good products.

Cox Co (TSE:9876) Headlines

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