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AEON Co (AEON Co) Cyclically Adjusted PB Ratio : 2.27 (As of Apr. 27, 2024)


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What is AEON Co Cyclically Adjusted PB Ratio?

As of today (2024-04-27), AEON Co's current share price is $20.9245. AEON Co's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 was $9.21. AEON Co's Cyclically Adjusted PB Ratio for today is 2.27.

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

AONNY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.23   Med: 1.81   Max: 2.69
Current: 2.36

During the past years, AEON Co's highest Cyclically Adjusted PB Ratio was 2.69. The lowest was 1.23. And the median was 1.81.

AONNY's Cyclically Adjusted PB Ratio is ranked worse than
71.83% of 717 companies
in the Retail - Cyclical industry
Industry Median: 1.16 vs AONNY: 2.36

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.

AEON Co's adjusted book value per share data for the three months ended in Nov. 2023 was $8.139. 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 $9.21 for the trailing ten years ended in Nov. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


AEON Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AEON 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.

AEON Co Cyclically Adjusted PB Ratio Chart

AEON 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 1.51 2.42 1.96 1.88 -

AEON 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 1.88 2.03 2.22 2.24 -

Competitive Comparison of AEON Co's Cyclically Adjusted PB Ratio

For the Department Stores subindustry, AEON 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.


AEON Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, AEON Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



AEON 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.9245/9.21
=2.27

* 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.

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

For example, AEON Co's adjusted Book Value per Share data for the three months ended in Nov. 2023 was:

Adj_Book=Book Value per Share/CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=8.139/106.9000*106.9000
=8.139

Current CPI (Nov. 2023) = 106.9000.

AEON Co Quarterly Data

Book Value per Share CPI Adj_Book
201402 13.110 95.500 14.675
201405 13.053 98.100 14.224
201408 12.958 98.300 14.092
201411 11.796 97.900 12.880
201502 12.178 97.600 13.338
201505 12.005 98.700 13.002
201508 11.784 98.400 12.802
201511 11.495 98.100 12.526
201602 11.926 97.800 13.036
201605 12.376 98.200 13.472
201608 12.986 97.900 14.180
201611 11.983 98.600 12.992
201702 11.974 98.100 13.048
201705 11.919 98.600 12.922
201708 12.250 98.500 13.295
201711 11.879 99.100 12.814
201802 12.725 99.500 13.671
201805 12.293 99.300 13.234
201808 12.056 99.800 12.914
201811 11.473 100.000 12.265
201902 11.786 99.700 12.637
201905 11.381 100.000 12.166
201908 11.872 100.000 12.691
201911 11.426 100.500 12.154
202002 11.512 100.300 12.270
202005 11.060 100.100 11.811
202008 11.173 100.100 11.932
202011 11.146 99.500 11.975
202102 10.907 99.800 11.683
202105 10.586 99.400 11.385
202108 10.535 99.700 11.296
202111 9.836 100.100 10.504
202202 9.822 100.700 10.427
202205 8.994 101.800 9.445
202208 8.809 102.700 9.169
202211 8.188 103.900 8.424
202302 8.737 104.000 8.981
202305 8.580 105.100 8.727
202308 8.476 105.900 8.556
202311 8.139 106.900 8.139

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.


AEON Co  (OTCPK:AONNY) 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.


AEON Co Cyclically Adjusted PB Ratio Related Terms

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


AEON Co (AEON Co) Business Description

Traded in Other Exchanges
Address
1-5-1 Nakase, Minami-ku, Chiba-shi, Chiba, JPN, 261-8515
AEON Co Ltd is the holding company of Aeon Group, integrated Japanese retailer, and is active not only in Japan but also throughout countries in the Association of Southeast Asian Nations and China. The business is segmented in four main divisions: supermarket and discount store, drugstore and pharmacy, shopping-center development, and financial sevices. The company's core operations are general merchandise store, supermarket, and convenience-store operations. Aeon is also active in specialty store operations, shopping-center development and operations, and credit card business and services.

AEON Co (AEON Co) Headlines

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