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Ube (FRA:UBE) Cyclically Adjusted PB Ratio : 0.84 (As of Sep. 25, 2024)


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What is Ube Cyclically Adjusted PB Ratio?

As of today (2024-09-25), Ube's current share price is €16.90. Ube's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €20.11. Ube's Cyclically Adjusted PB Ratio for today is 0.84.

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

FRA:UBE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.85   Max: 1.57
Current: 0.8

During the past years, Ube's highest Cyclically Adjusted PB Ratio was 1.57. The lowest was 0.60. And the median was 0.85.

FRA:UBE's Cyclically Adjusted PB Ratio is ranked better than
77.8% of 973 companies
in the Chemicals industry
Industry Median: 1.57 vs FRA:UBE: 0.80

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.

Ube's adjusted book value per share data for the three months ended in Mar. 2024 was €25.857. 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 €20.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ube Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ube'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.

Ube Cyclically Adjusted PB Ratio Chart

Ube 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 0.65 0.88 0.69 0.66 0.81

Ube Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.77 0.77 0.69 0.81 -

Competitive Comparison of Ube's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Ube'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.


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

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

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



Ube 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.90/20.11
=0.84

* 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.

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

For example, Ube'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)
=25.857/107.2000*107.2000
=25.857

Current CPI (Mar. 2024) = 107.2000.

Ube Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.109 98.000 17.621
201409 16.526 98.500 17.986
201412 16.343 97.900 17.896
201503 19.143 97.900 20.961
201506 18.125 98.400 19.746
201509 18.789 98.500 20.449
201512 19.513 98.100 21.323
201603 20.076 97.900 21.983
201606 20.285 98.100 22.167
201609 21.485 98.000 23.502
201612 21.331 98.400 23.239
201703 22.469 98.100 24.553
201706 21.997 98.500 23.940
201709 21.892 98.800 23.753
201712 22.548 99.400 24.317
201803 23.014 99.200 24.870
201806 23.180 99.200 25.049
201809 23.527 99.900 25.246
201812 24.566 99.700 26.414
201903 26.017 99.700 27.974
201906 26.374 99.800 28.330
201909 27.659 100.100 29.621
201912 27.266 100.500 29.084
202003 27.683 100.300 29.587
202006 26.918 99.900 28.885
202009 26.318 99.900 28.241
202012 26.447 99.300 28.551
202103 27.472 99.900 29.479
202106 26.898 99.500 28.980
202109 27.936 100.100 29.917
202112 28.695 100.100 30.730
202203 29.239 101.100 31.003
202206 27.759 101.800 29.231
202209 27.476 103.100 28.569
202212 26.506 104.100 27.295
202303 26.044 104.400 26.742
202306 25.033 105.200 25.509
202309 24.930 106.200 25.165
202312 25.261 106.800 25.356
202403 25.857 107.200 25.857

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.


Ube  (FRA:UBE) 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.


Ube Cyclically Adjusted PB Ratio Related Terms

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


Ube Business Description

Industry
Traded in Other Exchanges
Address
Seavans North Building, 1-2-1, Shibaura, Minato-Ku, Tokyo, JPN, 105-8449
Ube Corp manufactures and sells chemicals, construction materials, and machinery products. The firm organizes itself into five segments based on product type. The chemicals segment, which generates more revenue than any other segment, sells a variety of chemicals including resins, rubber, silicon, and plastics. The cement and construction segment sells cement, plaster, and foundation materials to the construction and building industries. The pharmaceutical segment sells anti-allergic, anti-hypertensive, and anti-platelet drugs. The machinery and metal products segment sells die-casting and electric injection machines. The energy and environment segment generates electricity from coal and biomass. The majority of revenue comes from Japan.

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