GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Marui Group Co Ltd (FRA:MUI) » Definitions » Cyclically Adjusted PB Ratio

Marui Group Co (FRA:MUI) Cyclically Adjusted PB Ratio : 1.60 (As of May. 23, 2024)


View and export this data going back to . Start your Free Trial

What is Marui Group Co Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Marui Group Co's current share price is €13.70. Marui Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €8.56. Marui Group Co's Cyclically Adjusted PB Ratio for today is 1.60.

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

FRA:MUI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.27   Med: 1.79   Max: 2.4
Current: 1.76

During the past years, Marui Group Co's highest Cyclically Adjusted PB Ratio was 2.40. The lowest was 1.27. And the median was 1.79.

FRA:MUI's Cyclically Adjusted PB Ratio is ranked worse than
70.69% of 290 companies
in the Credit Services industry
Industry Median: 0.875 vs FRA:MUI: 1.76

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.

Marui Group Co's adjusted book value per share data for the three months ended in Dec. 2023 was €8.321. 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 €8.56 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marui Group Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Marui Group 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.

Marui Group Co Cyclically Adjusted PB Ratio Chart

Marui Group Co 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 1.51 1.70 1.78 1.54 -

Marui Group Co 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 1.54 1.89 1.81 1.75 -

Competitive Comparison of Marui Group Co's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, Marui Group 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.


Marui Group Co's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Marui Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Marui Group 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.70/8.56
=1.60

* 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.

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

For example, Marui Group Co'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)
=8.321/106.8000*106.8000
=8.321

Current CPI (Dec. 2023) = 106.8000.

Marui Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 8.141 95.700 9.085
201406 8.349 98.000 9.099
201409 8.455 98.500 9.167
201412 7.899 97.900 8.617
201503 8.951 97.900 9.765
201506 8.149 98.400 8.845
201509 8.174 98.500 8.863
201512 8.301 98.100 9.037
201603 9.240 97.900 10.080
201606 9.481 98.100 10.322
201609 9.782 98.000 10.660
201612 11.209 98.400 12.166
201703 9.905 98.100 10.783
201706 9.671 98.500 10.486
201709 9.257 98.800 10.007
201712 9.221 99.400 9.907
201803 9.523 99.200 10.253
201806 9.721 99.200 10.466
201809 9.737 99.900 10.410
201812 10.011 99.700 10.724
201903 10.427 99.700 11.170
201906 10.714 99.800 11.465
201909 11.384 100.100 12.146
201912 11.107 100.500 11.803
202003 11.361 100.300 12.097
202006 11.220 99.900 11.995
202009 11.465 99.900 12.257
202012 11.235 99.300 12.084
202103 10.437 99.900 11.158
202106 10.070 99.500 10.809
202109 10.485 100.100 11.187
202112 10.260 100.100 10.947
202203 10.009 101.100 10.573
202206 9.188 101.800 9.639
202209 9.458 103.100 9.797
202212 9.175 104.100 9.413
202303 9.084 104.400 9.293
202306 8.483 105.200 8.612
202309 8.462 106.200 8.510
202312 8.321 106.800 8.321

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.


Marui Group Co  (FRA:MUI) 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.


Marui Group Co Cyclically Adjusted PB Ratio Related Terms

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


Marui Group Co (FRA:MUI) Business Description

Traded in Other Exchanges
Address
4-3-2 Nakano, Nakano-ku, Tokyo, JPN, 164-8701
Marui Group Co Ltd operates group companies engaged in retail business and fintech business. It operates through two segments namely Retailing and Fintech. The Retailing segment engages in the management of commercial property rental, retailing operations of clothes and accessories, space production, advertising, apparel distribution, and management of buildings and other facilities. The FinTech segment engages in the credit card services, consumer loans, and the rent guarantee businesses; IT systems; and real estate rental.