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JSR (JSCPY) Cyclically Adjusted PB Ratio : 2.25 (As of May. 16, 2024)


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What is JSR Cyclically Adjusted PB Ratio?

As of today (2024-05-16), JSR's current share price is $26.83. JSR's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $11.91. JSR's Cyclically Adjusted PB Ratio for today is 2.25.

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

JSCPY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.04   Med: 1.73   Max: 2.77
Current: 2.4

During the past years, JSR's highest Cyclically Adjusted PB Ratio was 2.77. The lowest was 1.04. And the median was 1.73.

JSCPY's Cyclically Adjusted PB Ratio is ranked worse than
64.24% of 1071 companies
in the Chemicals industry
Industry Median: 1.63 vs JSCPY: 2.40

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.

JSR's adjusted book value per share data for the three months ended in Mar. 2024 was $12.080. 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 $11.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


JSR Cyclically Adjusted PB Ratio Historical Data

The historical data trend for JSR'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.

JSR Cyclically Adjusted PB Ratio Chart

JSR Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.31 2.12 2.21 1.79 2.40

JSR Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.79 2.34 2.26 2.24 2.40

Competitive Comparison of JSR's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, JSR'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.


JSR's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, JSR's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



JSR 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=26.83/11.91
=2.25

* 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.

JSR's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=12.08/107.2000*107.2000
=12.080

Current CPI (Mar. 2024) = 107.2000.

JSR Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.897 98.000 15.202
201409 13.655 98.500 14.861
201412 12.450 97.900 13.633
201503 12.964 97.900 14.196
201506 12.673 98.400 13.806
201509 12.780 98.500 13.909
201512 13.361 98.100 14.600
201603 13.824 97.900 15.137
201606 14.361 98.100 15.693
201609 14.975 98.000 16.381
201612 13.380 98.400 14.577
201703 14.403 98.100 15.739
201706 14.937 98.500 16.256
201709 15.531 98.800 16.851
201712 15.606 99.400 16.831
201803 16.670 99.200 18.014
201806 16.165 99.200 17.469
201809 16.173 99.900 17.355
201812 16.100 99.700 17.311
201903 16.408 99.700 17.642
201906 16.820 99.800 18.067
201909 17.112 100.100 18.326
201912 16.970 100.500 18.101
202003 17.164 100.300 18.345
202006 16.947 99.900 18.185
202009 17.115 99.900 18.366
202012 17.279 99.300 18.654
202103 14.298 99.900 15.343
202106 14.286 99.500 15.392
202109 14.774 100.100 15.822
202112 14.891 100.100 15.947
202203 14.744 101.100 15.634
202206 12.979 101.800 13.667
202209 12.702 103.100 13.207
202212 12.938 104.100 13.323
202303 12.813 104.400 13.157
202306 12.310 105.200 12.544
202309 11.937 106.200 12.049
202312 12.291 106.800 12.337
202403 12.080 107.200 12.080

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.


JSR  (OTCPK:JSCPY) 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.


JSR Cyclically Adjusted PB Ratio Related Terms

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


JSR (JSCPY) Business Description

Industry
Traded in Other Exchanges
Address
1-9-2 Higashi-Shimbashi, Shiodome Sumitomo Building, 22nd Floor, Minato-ku, Tokyo, JPN, 105-8640
JSR Group has four reportable segments, digital solutions, life sciences, elastomers, and plastics. Semiconductor materials and life sciences are the growth drivers for the company, while elastomers produces the greatest amount of revenue. Elastomers consists of synthetic rubbers, thermoplastic elastomers, and emulsions. Plastics includes synthetic resins including ABS resins, AES resins, among others. Digital solutions consists of semiconductor materials, display materials, and edge computing, whereas the life sciences business covers research and diagnostic reagents, bioprocess materials, and contract services.

JSR (JSCPY) Headlines

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