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Keisei Electric Railway Co (FRA:KEI) Cyclically Adjusted PB Ratio : 1.48 (As of Jul. 07, 2025)


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What is Keisei Electric Railway Co Cyclically Adjusted PB Ratio?

As of today (2025-07-07), Keisei Electric Railway Co's current share price is €7.50. Keisei Electric Railway Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €5.07. Keisei Electric Railway Co's Cyclically Adjusted PB Ratio for today is 1.48.

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

FRA:KEI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.51   Med: 2.18   Max: 3.39
Current: 1.56

During the past years, Keisei Electric Railway Co's highest Cyclically Adjusted PB Ratio was 3.39. The lowest was 1.51. And the median was 2.18.

FRA:KEI's Cyclically Adjusted PB Ratio is ranked worse than
60.44% of 723 companies
in the Transportation industry
Industry Median: 1.27 vs FRA:KEI: 1.56

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.

Keisei Electric Railway Co's adjusted book value per share data for the three months ended in Mar. 2025 was €6.550. 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 €5.07 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Keisei Electric Railway Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Keisei Electric Railway 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.

Keisei Electric Railway Co Cyclically Adjusted PB Ratio Chart

Keisei Electric Railway Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.02 1.78 1.96 2.75 1.65

Keisei Electric Railway Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.75 2.26 1.83 1.76 1.65

Competitive Comparison of Keisei Electric Railway Co's Cyclically Adjusted PB Ratio

For the Railroads subindustry, Keisei Electric Railway 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.


Keisei Electric Railway Co's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Keisei Electric Railway Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Keisei Electric Railway 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.

Keisei Electric Railway Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.50/5.07
=1.48

* 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.

Keisei Electric Railway Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Keisei Electric Railway Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=6.55/111.1000*111.1000
=6.550

Current CPI (Mar. 2025) = 111.1000.

Keisei Electric Railway Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 3.807 98.400 4.298
201509 4.046 98.500 4.564
201512 4.277 98.100 4.844
201603 4.507 97.900 5.115
201606 4.909 98.100 5.560
201609 5.258 98.000 5.961
201612 5.104 98.400 5.763
201703 5.251 98.100 5.947
201706 5.239 98.500 5.909
201709 5.088 98.800 5.721
201712 5.181 99.400 5.791
201803 5.340 99.200 5.981
201806 5.582 99.200 6.252
201809 5.643 99.900 6.276
201812 5.933 99.700 6.611
201903 6.107 99.700 6.805
201906 6.433 99.800 7.161
201909 6.805 100.100 7.553
201912 6.799 100.500 7.516
202003 6.826 100.300 7.561
202006 6.452 99.900 7.175
202009 6.209 99.900 6.905
202012 6.086 99.300 6.809
202103 5.787 99.900 6.436
202106 5.553 99.500 6.200
202109 5.626 100.100 6.244
202112 5.679 100.100 6.303
202203 5.526 101.100 6.073
202206 5.069 101.800 5.532
202209 5.346 103.100 5.761
202212 5.402 104.100 5.765
202303 5.492 104.400 5.844
202306 5.264 105.200 5.559
202309 5.249 106.200 5.491
202312 5.435 106.800 5.654
202403 5.687 107.200 5.894
202406 5.561 108.200 5.710
202409 6.077 108.900 6.200
202412 6.450 110.700 6.473
202503 6.550 111.100 6.550

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.


Keisei Electric Railway Co  (FRA:KEI) 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.


Keisei Electric Railway Co Cyclically Adjusted PB Ratio Related Terms

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


Keisei Electric Railway Co Business Description

Traded in Other Exchanges
Address
3-1-8 Yahata 3-chome, Ichikawa, Chiba, JPN, 272-8510
Keisei Electric Railway Co Ltd is a Japanese company that operates railways in Japan. The company's three segments are transportation, distribution, and real estate management. The transportation segment offers passenger transportation services by rail, bus and taxi, and it contributes the majority of revenue. The distribution segment is engaged in operating department stores, shopping centers, and other retail stores. The company derives revenue from real estate activities such as leasing and selling its properties. It also generates additional revenue from activities ranging from real estate construction, operation of restaurants, hotels and leisure sites to car maintenance services.

Keisei Electric Railway Co Headlines

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