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Toyo Suisan Kaisha (Toyo Suisan Kaisha) Cyclically Adjusted PB Ratio : 2.76 (As of Apr. 30, 2024)


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What is Toyo Suisan Kaisha Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Toyo Suisan Kaisha's current share price is $62.824. Toyo Suisan Kaisha's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $22.77. Toyo Suisan Kaisha's Cyclically Adjusted PB Ratio for today is 2.76.

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

TSUKY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.47   Med: 1.98   Max: 3.07
Current: 3.01

During the past years, Toyo Suisan Kaisha's highest Cyclically Adjusted PB Ratio was 3.07. The lowest was 1.47. And the median was 1.98.

TSUKY's Cyclically Adjusted PB Ratio is ranked worse than
78.25% of 1237 companies
in the Consumer Packaged Goods industry
Industry Median: 1.33 vs TSUKY: 3.01

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.

Toyo Suisan Kaisha's adjusted book value per share data for the three months ended in Dec. 2023 was $29.417. 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 $22.77 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toyo Suisan Kaisha Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Toyo Suisan Kaisha'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.

Toyo Suisan Kaisha Cyclically Adjusted PB Ratio Chart

Toyo Suisan Kaisha 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 1.90 2.20 1.85 1.62 1.87

Toyo Suisan Kaisha 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 1.75 1.87 2.14 1.88 2.29

Competitive Comparison of Toyo Suisan Kaisha's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Toyo Suisan Kaisha'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.


Toyo Suisan Kaisha's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Toyo Suisan Kaisha's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Toyo Suisan Kaisha 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.

Toyo Suisan Kaisha's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=62.824/22.77
=2.76

* 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.

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

For example, Toyo Suisan Kaisha'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)
=29.417/106.8000*106.8000
=29.417

Current CPI (Dec. 2023) = 106.8000.

Toyo Suisan Kaisha Quarterly Data

Book Value per Share CPI Adj_Book
201403 21.388 95.700 23.869
201406 21.404 98.000 23.326
201409 21.272 98.500 23.064
201412 20.136 97.900 21.967
201503 20.308 97.900 22.154
201506 20.089 98.400 21.804
201509 20.794 98.500 22.546
201512 21.111 98.100 22.983
201603 22.146 97.900 24.159
201606 23.252 98.100 25.314
201609 24.365 98.000 26.553
201612 22.786 98.400 24.731
201703 23.517 98.100 25.603
201706 24.140 98.500 26.174
201709 24.606 98.800 26.598
201712 24.651 99.400 26.486
201803 25.844 99.200 27.824
201806 25.502 99.200 27.456
201809 25.582 99.900 27.349
201812 25.493 99.700 27.308
201903 26.133 99.700 27.994
201906 26.569 99.800 28.433
201909 27.143 100.100 28.960
201912 27.230 100.500 28.937
202003 27.887 100.300 29.694
202006 28.240 99.900 30.191
202009 29.234 99.900 31.253
202012 29.876 99.300 32.132
202103 29.858 99.900 31.920
202106 29.526 99.500 31.692
202109 30.119 100.100 32.135
202112 29.644 100.100 31.628
202203 29.305 101.100 30.957
202206 27.298 101.800 28.639
202209 26.513 103.100 27.464
202212 27.773 104.100 28.493
202303 28.729 104.400 29.389
202306 28.501 105.200 28.934
202309 28.566 106.200 28.727
202312 29.417 106.800 29.417

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.


Toyo Suisan Kaisha  (OTCPK:TSUKY) 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.


Toyo Suisan Kaisha Cyclically Adjusted PB Ratio Related Terms

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


Toyo Suisan Kaisha (Toyo Suisan Kaisha) Business Description

Traded in Other Exchanges
Address
2-13-40, Konan, Minato-ku, Tokyo, JPN, 108-8501
Toyo Suisan Kaisha Ltd is a Japanese packaged-food company. The business segments are: domestic instant noodles, overseas instant noodles, frozen and refrigerated food, processed food, cold storage segment, seafood segment and other. The instant noodles segments, domestic and international, account for slightly more than 50% of total sales. The seafood segment offers salmon, shrimps, and cod to convenience stores and mass retailers. The frozen and refrigerated foods segment offers fresh noodles, ramen noodles for commercial use, household product yakisoba noodles, and edamame (green soybean) varieties. The processed foods segment offers packed cooked rice products, freeze-dried products, and packet soups.

Toyo Suisan Kaisha (Toyo Suisan Kaisha) Headlines

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