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Ebara (EBCOY) Cyclically Adjusted PB Ratio : 3.69 (As of Apr. 29, 2024)


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What is Ebara Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Ebara's current share price is $41.54. Ebara's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $11.26. Ebara's Cyclically Adjusted PB Ratio for today is 3.69.

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

EBCOY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.67   Max: 4.46
Current: 4.07

During the past years, Ebara's highest Cyclically Adjusted PB Ratio was 4.46. The lowest was 0.79. And the median was 1.67.

EBCOY's Cyclically Adjusted PB Ratio is ranked worse than
79.4% of 2000 companies
in the Industrial Products industry
Industry Median: 1.765 vs EBCOY: 4.07

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.

Ebara's adjusted book value per share data for the three months ended in Dec. 2023 was $15.417. 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 $11.26 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ebara Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ebara'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.

Ebara Cyclically Adjusted PB Ratio Chart

Ebara Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.41 1.37 2.45 1.62 2.63

Ebara 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 1.62 2.07 2.27 2.26 2.63

Competitive Comparison of Ebara's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Ebara'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.


Ebara's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ebara's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ebara 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=41.54/11.26
=3.69

* 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.

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

For example, Ebara'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)
=15.417/106.8000*106.8000
=15.417

Current CPI (Dec. 2023) = 106.8000.

Ebara Quarterly Data

Book Value per Share CPI Adj_Book
201403 10.989 95.700 12.264
201406 10.753 98.000 11.719
201409 10.275 98.500 11.141
201412 9.736 97.900 10.621
201503 10.714 97.900 11.688
201506 10.179 98.400 11.048
201509 10.597 98.500 11.490
201512 10.545 98.100 11.480
201603 11.516 97.900 12.563
201606 11.808 98.100 12.855
201609 11.953 98.000 13.026
201612 10.726 98.400 11.642
201703 11.892 98.100 12.947
201706 11.938 98.500 12.944
201709 12.081 98.800 13.059
201712 0.000 99.400 0.000
201803 12.989 99.200 13.984
201806 12.576 99.200 13.539
201809 12.403 99.900 13.260
201812 12.510 99.700 13.401
201903 12.855 99.700 13.770
201906 13.117 99.800 14.037
201909 13.167 100.100 14.048
201912 13.070 100.500 13.889
202003 13.594 100.300 14.475
202006 13.761 99.900 14.711
202009 14.131 99.900 15.107
202012 14.626 99.300 15.731
202103 14.372 99.900 15.365
202106 14.496 99.500 15.560
202109 14.491 100.100 15.461
202112 14.914 100.100 15.912
202203 15.156 101.100 16.010
202206 14.389 101.800 15.096
202209 13.572 103.100 14.059
202212 14.491 104.100 14.867
202303 14.644 104.400 14.981
202306 14.649 105.200 14.872
202309 14.402 106.200 14.483
202312 15.417 106.800 15.417

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.


Ebara  (OTCPK:EBCOY) 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.


Ebara Cyclically Adjusted PB Ratio Related Terms

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


Ebara (EBCOY) Business Description

Traded in Other Exchanges
Address
11-1, Haneda Asahi-cho, Ohta-ku, Tokyo, JPN, 144-8510
Ebara Corp is a Japan-based company that operates through three business segments. The fluid machinery and systems business provides pumps, compressors, refrigeration, blowers, cooling towers, energy-related systems, machinery plants, and other related solutions. The environmental engineering business is involved in engineering, building, operating, and maintaining environmental and energy-related infrastructure. The precision machinery business develops and manufactures vacuum pumps, chemical mechanical polishing systems, plating systems, and other semiconductor manufacturing equipment and components. The company generates the majority of its revenue from Japan andthe rest of Asia.

Ebara (EBCOY) Headlines

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