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Ryohin Keikaku Co (FRA:3RK) Cyclically Adjusted PB Ratio : 3.39 (As of Jun. 23, 2024)


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What is Ryohin Keikaku Co Cyclically Adjusted PB Ratio?

As of today (2024-06-23), Ryohin Keikaku Co's current share price is €15.20. Ryohin Keikaku Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was €4.49. Ryohin Keikaku Co's Cyclically Adjusted PB Ratio for today is 3.39.

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

FRA:3RK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.89   Med: 3.46   Max: 9.64
Current: 3.55

During the past years, Ryohin Keikaku Co's highest Cyclically Adjusted PB Ratio was 9.64. The lowest was 1.89. And the median was 3.46.

FRA:3RK's Cyclically Adjusted PB Ratio is ranked worse than
81.99% of 772 companies
in the Retail - Cyclical industry
Industry Median: 1.14 vs FRA:3RK: 3.55

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.

Ryohin Keikaku Co's adjusted book value per share data for the three months ended in Feb. 2024 was €6.632. 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 €4.49 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ryohin Keikaku Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ryohin Keikaku 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.

Ryohin Keikaku Co Cyclically Adjusted PB Ratio Chart

Ryohin Keikaku Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Aug21 Aug22 Aug23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.73 2.97 4.21 2.06 2.65

Ryohin Keikaku 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 2.05 1.99 2.65 3.20 3.17

Competitive Comparison of Ryohin Keikaku Co's Cyclically Adjusted PB Ratio

For the Department Stores subindustry, Ryohin Keikaku 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.


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

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

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



Ryohin Keikaku 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.20/4.49
=3.39

* 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.

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

For example, Ryohin Keikaku 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)
=6.632/106.9000*106.9000
=6.632

Current CPI (Feb. 2024) = 106.9000.

Ryohin Keikaku Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 2.931 98.100 3.194
201408 3.076 98.300 3.345
201411 3.058 97.900 3.339
201502 3.319 97.600 3.635
201505 3.626 98.700 3.927
201508 3.752 98.400 4.076
201511 3.949 98.100 4.303
201602 4.140 97.800 4.525
201605 4.383 98.200 4.771
201608 4.724 97.900 5.158
201611 4.554 98.600 4.937
201702 4.827 98.100 5.260
201705 4.589 98.600 4.975
201708 4.625 98.500 5.019
201711 4.740 99.100 5.113
201802 4.870 99.500 5.232
201805 5.199 99.300 5.597
201808 5.476 99.800 5.866
201811 5.623 100.000 6.011
201902 5.802 99.700 6.221
201905 5.999 100.000 6.413
201908 6.350 100.000 6.788
201911 6.323 100.500 6.726
202002 6.489 100.300 6.916
202005 6.317 100.100 6.746
202008 0.000 100.100 0.000
202011 5.973 99.500 6.417
202102 6.084 99.800 6.517
202105 6.008 99.400 6.461
202108 6.260 99.700 6.712
202111 6.323 100.100 6.753
202202 6.529 100.700 6.931
202205 6.468 101.800 6.792
202208 6.701 102.700 6.975
202211 6.183 103.900 6.362
202302 6.356 104.000 6.533
202305 6.367 105.100 6.476
202308 6.331 105.900 6.391
202311 6.371 106.900 6.371
202402 6.632 106.900 6.632

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.


Ryohin Keikaku Co  (FRA:3RK) 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.


Ryohin Keikaku Co Cyclically Adjusted PB Ratio Related Terms

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Ryohin Keikaku Co (FRA:3RK) Business Description

Traded in Other Exchanges
Address
4-26-3 Higashi-Ikebukuro, Toshima-ku, Tokyo, JPN, 170-8424
Ryohin Keikaku Co., Ltd. otherwise known as Muji, is a Japanese retailer offering household and consumer goods. The company has a no-logo, no-brand policy. Its lower price strategy is based around the selection of materials, efficient manufacturing processes, and simplified packaging. The product portfolio ranges from stationery to clothing for men and women, food items, and major kitchen appliances. Its business includes also Muji Cafe & Meal, Muji Campsite, Muji House, and Idee. The Muji Cafe & Meal division operates Cafe Muji, offering cuisine, desserts, and beverages. Muji Campsite operates campsites and the surrounding forest areas. Muji House provides flexible framework for home interiors, such as The House of Woods and The House of Windows.

Ryohin Keikaku Co (FRA:3RK) Headlines

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