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Ichigo (Ichigo) Cyclically Adjusted PB Ratio : 2.46 (As of Jun. 25, 2024)


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What is Ichigo Cyclically Adjusted PB Ratio?

As of today (2024-06-25), Ichigo's current share price is $3.07. Ichigo's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was $1.25. Ichigo's Cyclically Adjusted PB Ratio for today is 2.46.

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

ICHIF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.4   Med: 2.29   Max: 4.38
Current: 1.96

During the past years, Ichigo's highest Cyclically Adjusted PB Ratio was 4.38. The lowest was 1.40. And the median was 2.29.

ICHIF's Cyclically Adjusted PB Ratio is ranked worse than
83.7% of 1417 companies
in the Real Estate industry
Industry Median: 0.69 vs ICHIF: 1.96

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.

Ichigo's adjusted book value per share data for the three months ended in Feb. 2024 was $1.601. 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 $1.25 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ichigo Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ichigo'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.

Ichigo Cyclically Adjusted PB Ratio Chart

Ichigo 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 2.63 2.52 1.73 1.65 1.99

Ichigo 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 1.65 1.35 1.68 1.83 1.99

Competitive Comparison of Ichigo's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Ichigo'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.


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

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

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



Ichigo 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.07/1.25
=2.46

* 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.

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

For example, Ichigo'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)
=1.601/106.9000*106.9000
=1.601

Current CPI (Feb. 2024) = 106.9000.

Ichigo Quarterly Data

Book Value per Share CPI Adj_Book
201405 0.989 98.100 1.078
201408 0.993 98.300 1.080
201411 0.908 97.900 0.991
201502 0.943 97.600 1.033
201505 0.952 98.700 1.031
201508 0.966 98.400 1.049
201511 1.089 98.100 1.187
201602 1.179 97.800 1.289
201605 1.309 98.200 1.425
201608 1.525 97.900 1.665
201611 1.442 98.600 1.563
201702 1.422 98.100 1.550
201705 1.411 98.600 1.530
201708 1.564 98.500 1.697
201711 1.548 99.100 1.670
201802 1.681 99.500 1.806
201805 1.665 99.300 1.792
201808 1.685 99.800 1.805
201811 1.742 100.000 1.862
201902 1.846 99.700 1.979
201905 1.879 100.000 2.009
201908 2.013 100.000 2.152
201911 2.070 100.500 2.202
202002 1.913 100.300 2.039
202005 1.936 100.100 2.068
202008 1.969 100.100 2.103
202011 2.020 99.500 2.170
202102 2.011 99.800 2.154
202105 1.900 99.400 2.043
202108 1.889 99.700 2.025
202111 1.825 100.100 1.949
202202 1.887 100.700 2.003
202205 1.660 101.800 1.743
202208 1.609 102.700 1.675
202211 1.594 103.900 1.640
202302 1.721 104.000 1.769
202305 1.633 105.100 1.661
202308 1.656 105.900 1.672
202311 1.590 106.900 1.590
202402 1.601 106.900 1.601

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.


Ichigo  (OTCPK:ICHIF) 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.


Ichigo Cyclically Adjusted PB Ratio Related Terms

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


Ichigo (Ichigo) Business Description

Industry
Traded in Other Exchanges
Address
17F, The Imperial Hotel Tower, 1-1-1, Uchisaiwai-cho, Chiyoda-k, Tokyo, JPN, 100-0011
Ichigo Inc is a Japanese real estate owner and operator, and clean energy producer. It manages several real estate investment trusts and operates solar plants across Japan. REIT opportunities include midsize hotel and office properties. Revenue is generated through fees via the management of the Ichigo REIT and private funds, and other fee-generating real estate services related to sourcing, financing, operation, property management, facility management, and disposition of real estate assets. Additional income is generated through the sale of properties and rental income. Clean Energy services involve the production of mega solar power.