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Dentsu Soken (Dentsu Soken) Cyclically Adjusted PB Ratio : 5.51 (As of May. 24, 2024)


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What is Dentsu Soken Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Dentsu Soken's current share price is $30.1315. Dentsu Soken's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $5.47. Dentsu Soken's Cyclically Adjusted PB Ratio for today is 5.51.

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

IFMNF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.96   Med: 4.95   Max: 6.9
Current: 5.79

During the past years, Dentsu Soken's highest Cyclically Adjusted PB Ratio was 6.90. The lowest was 1.96. And the median was 4.95.

IFMNF's Cyclically Adjusted PB Ratio is ranked worse than
79.66% of 1352 companies
in the Software industry
Industry Median: 2.615 vs IFMNF: 5.79

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.

Dentsu Soken's adjusted book value per share data for the three months ended in Mar. 2024 was $8.575. 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 $5.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dentsu Soken Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dentsu Soken'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.

Dentsu Soken Cyclically Adjusted PB Ratio Chart

Dentsu Soken Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.34 4.61 5.32 4.84 6.55

Dentsu Soken 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 6.29 5.95 6.57 6.55 5.50

Competitive Comparison of Dentsu Soken's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Dentsu Soken'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.


Dentsu Soken's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Dentsu Soken's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dentsu Soken 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.

Dentsu Soken's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.1315/5.47
=5.51

* 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.

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

For example, Dentsu Soken'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)
=8.575/107.2000*107.2000
=8.575

Current CPI (Mar. 2024) = 107.2000.

Dentsu Soken Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.654 98.000 6.185
201409 5.609 98.500 6.104
201412 5.042 97.900 5.521
201503 5.158 97.900 5.648
201506 4.901 98.400 5.339
201509 5.372 98.500 5.846
201512 0.000 98.100 0.000
201603 5.815 97.900 6.367
201606 6.312 98.100 6.898
201609 6.524 98.000 7.136
201612 5.953 98.400 6.485
201703 6.163 98.100 6.735
201706 6.476 98.500 7.048
201709 6.379 98.800 6.921
201712 6.490 99.400 6.999
201803 6.992 99.200 7.556
201806 6.887 99.200 7.442
201809 6.795 99.900 7.292
201812 6.966 99.700 7.490
201903 7.120 99.700 7.656
201906 7.543 99.800 8.102
201909 7.659 100.100 8.202
201912 7.716 100.500 8.230
202003 7.907 100.300 8.451
202006 8.266 99.900 8.870
202009 8.474 99.900 9.093
202012 8.806 99.300 9.507
202103 8.565 99.900 9.191
202106 8.715 99.500 9.389
202109 8.762 100.100 9.383
202112 8.823 100.100 9.449
202203 8.781 101.100 9.311
202206 8.092 101.800 8.521
202209 7.611 103.100 7.914
202212 8.411 104.100 8.661
202303 8.606 104.400 8.837
202306 8.539 105.200 8.701
202309 8.228 106.200 8.305
202312 8.856 106.800 8.889
202403 8.575 107.200 8.575

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.


Dentsu Soken  (OTCPK:IFMNF) 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.


Dentsu Soken Cyclically Adjusted PB Ratio Related Terms

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


Dentsu Soken (Dentsu Soken) Business Description

Industry
Traded in Other Exchanges
Address
2-17-1, Konan, Minato-ku, Tokyo, JPN, 108-0075
Dentsu Soken Inc provides a range of information technology, or IT, and consulting services. The company organizes itself into four segments based on service type. The financial solutions segment, which generates more revenue than any other segment, builds algorithmic trading systems and provides cash management, banking, and corporate finance services. The manufacturing solutions segment provides IT solutions for the entire product lifecycle, from product development and production, to sales and maintenance in the manufacturing industry. The communication IT solutions segment provides e-commerce and customer relationship management services. The business solutions segment provides consulting and IT services.

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