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Toubujyuhan Co (FSE:3297) Cyclically Adjusted PB Ratio : 1.07 (As of Jun. 23, 2024)


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What is Toubujyuhan Co Cyclically Adjusted PB Ratio?

As of today (2024-06-23), Toubujyuhan Co's current share price is 円1068.00. Toubujyuhan Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円994.83. Toubujyuhan Co's Cyclically Adjusted PB Ratio for today is 1.07.

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

FSE:3297' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1   Med: 1.08   Max: 1.13
Current: 1.01

During the past years, Toubujyuhan Co's highest Cyclically Adjusted PB Ratio was 1.13. The lowest was 1.00. And the median was 1.08.

FSE:3297's Cyclically Adjusted PB Ratio is ranked worse than
64.07% of 1414 companies
in the Real Estate industry
Industry Median: 0.69 vs FSE:3297: 1.01

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.

Toubujyuhan Co's adjusted book value per share data for the three months ended in Feb. 2024 was 円1,497.651. 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 円994.83 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toubujyuhan Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Toubujyuhan 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.

Toubujyuhan Co Cyclically Adjusted PB Ratio Chart

Toubujyuhan Co Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted PB Ratio
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Toubujyuhan 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 - - 1.05 1.05 1.07

Competitive Comparison of Toubujyuhan Co's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Toubujyuhan 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.


Toubujyuhan Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Toubujyuhan Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Toubujyuhan 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1068.00/994.83
=1.07

* 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.

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

For example, Toubujyuhan 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)
=1497.651/106.9000*106.9000
=1,497.651

Current CPI (Feb. 2024) = 106.9000.

Toubujyuhan Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 540.275 98.100 588.740
201408 537.821 98.300 584.873
201411 564.881 97.900 616.811
201502 579.820 97.600 635.069
201505 614.791 98.700 665.868
201508 627.013 98.400 681.176
201511 666.155 98.100 725.912
201602 691.055 97.800 755.356
201605 725.666 98.200 789.956
201608 737.510 97.900 805.310
201611 781.923 98.600 847.744
201702 794.457 98.100 865.723
201705 843.479 98.600 914.482
201708 863.529 98.500 937.170
201711 906.762 99.100 978.132
201802 938.005 99.500 1,007.766
201805 966.310 99.300 1,040.267
201808 984.840 99.800 1,054.904
201811 1,031.754 100.000 1,102.945
201902 1,054.192 99.700 1,130.322
201905 1,094.906 100.000 1,170.455
201908 1,080.355 100.000 1,154.899
201911 1,116.393 100.500 1,187.487
202002 1,127.532 100.300 1,201.727
202005 1,172.387 100.100 1,252.030
202008 1,178.535 100.100 1,258.595
202011 1,234.259 99.500 1,326.053
202102 1,246.406 99.800 1,335.078
202105 1,285.255 99.400 1,382.231
202108 1,285.365 99.700 1,378.190
202111 1,329.598 100.100 1,419.920
202202 1,335.426 100.700 1,417.647
202205 1,398.657 101.800 1,468.727
202208 1,393.499 102.700 1,450.487
202211 1,445.934 103.900 1,487.684
202302 1,450.998 104.000 1,491.459
202305 1,502.876 105.100 1,528.615
202308 1,475.786 105.900 1,489.722
202311 1,488.212 106.900 1,488.212
202402 1,497.651 106.900 1,497.651

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.


Toubujyuhan Co  (FSE:3297) 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.


Toubujyuhan Co Cyclically Adjusted PB Ratio Related Terms

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Toubujyuhan Co (FSE:3297) Business Description

Traded in Other Exchanges
Address
Yamaguchi Prefecture, 11-46 Misono- cho, Miyuki Machi, Shimonoseki, JPN, 750-0014
Toubujyuhan Co Ltd is engaged in real estate services including real estate leasing, buying and selling of real estate, selling of real estate-related products, and among others.

Toubujyuhan Co (FSE:3297) Headlines

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