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Hisamitsu Pharmaceutical Co (Hisamitsu Pharmaceutical Co) Cyclically Adjusted PB Ratio : 0.89 (As of Jun. 23, 2024)


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What is Hisamitsu Pharmaceutical Co Cyclically Adjusted PB Ratio?

As of today (2024-06-23), Hisamitsu Pharmaceutical Co's current share price is $24.559. Hisamitsu Pharmaceutical Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was $27.62. Hisamitsu Pharmaceutical Co's Cyclically Adjusted PB Ratio for today is 0.89.

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

HTSUF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.15   Med: 1.91   Max: 4.62
Current: 1.16

During the past years, Hisamitsu Pharmaceutical Co's highest Cyclically Adjusted PB Ratio was 4.62. The lowest was 1.15. And the median was 1.91.

HTSUF's Cyclically Adjusted PB Ratio is ranked better than
67.33% of 753 companies
in the Drug Manufacturers industry
Industry Median: 1.87 vs HTSUF: 1.16

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.

Hisamitsu Pharmaceutical Co's adjusted book value per share data for the three months ended in Feb. 2024 was $23.373. 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 $27.62 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hisamitsu Pharmaceutical Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hisamitsu Pharmaceutical 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.

Hisamitsu Pharmaceutical Co Cyclically Adjusted PB Ratio Chart

Hisamitsu Pharmaceutical Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.97 2.58 1.34 1.29 1.23

Hisamitsu Pharmaceutical 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 1.29 1.19 1.61 1.48 1.23

Competitive Comparison of Hisamitsu Pharmaceutical Co's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Hisamitsu Pharmaceutical 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.


Hisamitsu Pharmaceutical Co's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Hisamitsu Pharmaceutical Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Hisamitsu Pharmaceutical 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.559/27.62
=0.89

* 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.

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

For example, Hisamitsu Pharmaceutical 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)
=23.373/106.9000*106.9000
=23.373

Current CPI (Feb. 2024) = 106.9000.

Hisamitsu Pharmaceutical Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 22.376 98.100 24.383
201408 22.863 98.300 24.863
201411 20.928 97.900 22.852
201502 21.724 97.600 23.794
201505 21.589 98.700 23.383
201508 21.815 98.400 23.699
201511 21.698 98.100 23.644
201602 23.196 97.800 25.354
201605 24.480 98.200 26.649
201608 25.783 97.900 28.153
201611 23.639 98.600 25.629
201702 24.146 98.100 26.312
201705 24.218 98.600 26.257
201708 25.434 98.500 27.603
201711 25.470 99.100 27.475
201802 27.011 99.500 29.020
201805 26.296 99.300 28.309
201808 26.794 99.800 28.700
201811 26.491 100.000 28.319
201902 27.092 99.700 29.048
201905 26.614 100.000 28.450
201908 27.825 100.000 29.745
201911 31.884 100.500 33.914
202002 27.742 100.300 29.567
202005 28.366 100.100 30.293
202008 29.044 100.100 31.017
202011 29.237 99.500 31.411
202102 29.292 99.800 31.376
202105 28.581 99.400 30.738
202108 28.837 99.700 30.920
202111 27.265 100.100 29.117
202202 27.542 100.700 29.238
202205 24.320 101.800 25.538
202208 24.503 102.700 25.505
202211 23.812 103.900 24.500
202302 24.785 104.000 25.476
202305 24.346 105.100 24.763
202308 24.315 105.900 24.545
202311 23.501 106.900 23.501
202402 23.373 106.900 23.373

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.


Hisamitsu Pharmaceutical Co  (OTCPK:HTSUF) 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.


Hisamitsu Pharmaceutical Co Cyclically Adjusted PB Ratio Related Terms

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


Hisamitsu Pharmaceutical Co (Hisamitsu Pharmaceutical Co) Business Description

Traded in Other Exchanges
Address
408 Tashiro Daikan-machi, Tosu, Saga, JPN, 841-0017
Hisamitsu Pharmaceutical Co Inc is a major pharmaceutical products manufacturer in Japan. The company collaborates with its subsidiaries and associates in operating its business across two segments, The Medical and Related Product segment and the Others segment. The Medical segment represents the company's foremost revenue generating operations. It markets drugs under the Salanpas, Salonsip, Lifecella, Mohrus and Keplat brands, which mainly serve topical medication needs with pain relief creams, gels, sprays, lotions and ointments. The Others segment refers to its miscellaneous businesses such as cable television broadcasting, internet connection, packing materials and insurance. Apart from its primary market in Japan, Hisamitsu has a reach across other regions like North America.

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