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JPSWY (The Japan Steel Works) Cyclically Adjusted PB Ratio : 2.65 (As of Dec. 14, 2024)


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What is The Japan Steel Works Cyclically Adjusted PB Ratio?

As of today (2024-12-14), The Japan Steel Works's current share price is $19.25. The Japan Steel Works's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $7.26. The Japan Steel Works's Cyclically Adjusted PB Ratio for today is 2.65.

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

JPSWY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 1.52   Max: 3.25
Current: 3.12

During the past years, The Japan Steel Works's highest Cyclically Adjusted PB Ratio was 3.25. The lowest was 0.55. And the median was 1.52.

JPSWY's Cyclically Adjusted PB Ratio is ranked worse than
62.35% of 2024 companies
in the Industrial Products industry
Industry Median: 2.205 vs JPSWY: 3.12

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.

The Japan Steel Works's adjusted book value per share data for the three months ended in Sep. 2024 was $8.601. 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 $7.26 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Japan Steel Works Cyclically Adjusted PB Ratio Historical Data

The historical data trend for The Japan Steel Works'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.

The Japan Steel Works Cyclically Adjusted PB Ratio Chart

The Japan Steel Works 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 0.75 1.49 2.11 1.32 1.74

The Japan Steel Works Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.44 1.26 1.74 - 2.52

Competitive Comparison of The Japan Steel Works's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, The Japan Steel Works'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.


The Japan Steel Works's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, The Japan Steel Works's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



The Japan Steel Works 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.

The Japan Steel Works's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.25/7.26
=2.65

* 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.

The Japan Steel Works's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, The Japan Steel Works's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=8.601/108.9000*108.9000
=8.601

Current CPI (Sep. 2024) = 108.9000.

The Japan Steel Works Quarterly Data

Book Value per Share CPI Adj_Book
201412 7.591 97.900 8.444
201503 7.658 97.900 8.518
201506 7.414 98.400 8.205
201509 7.528 98.500 8.323
201512 7.671 98.100 8.516
201603 6.628 97.900 7.373
201606 7.090 98.100 7.871
201609 7.564 98.000 8.405
201612 6.829 98.400 7.558
201703 6.405 98.100 7.110
201706 6.711 98.500 7.420
201709 7.063 98.800 7.785
201712 7.265 99.400 7.959
201803 7.508 99.200 8.242
201806 7.467 99.200 8.197
201809 7.699 99.900 8.393
201812 7.615 99.700 8.318
201903 7.859 99.700 8.584
201906 8.389 99.800 9.154
201909 8.448 100.100 9.191
201912 8.348 100.500 9.046
202003 8.261 100.300 8.969
202006 8.247 99.900 8.990
202009 8.576 99.900 9.349
202012 8.936 99.300 9.800
202103 8.780 99.900 9.571
202106 8.766 99.500 9.594
202109 8.921 100.100 9.705
202112 8.604 100.100 9.360
202203 8.565 101.100 9.226
202206 7.497 101.800 8.020
202209 7.088 103.100 7.487
202212 7.548 104.100 7.896
202303 8.088 104.400 8.437
202306 7.686 105.200 7.956
202309 7.501 106.200 7.692
202312 7.844 106.800 7.998
202403 8.026 107.200 8.153
202406 0.000 108.200 0.000
202409 8.601 108.900 8.601

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.


The Japan Steel Works  (OTCPK:JPSWY) 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.


The Japan Steel Works Cyclically Adjusted PB Ratio Related Terms

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


The Japan Steel Works Business Description

Traded in Other Exchanges
Address
Gate City Ohsaki-West Tower, 11-1, Osaki 1-chome, Shinagawa-ku, Tokyo, JPN, 141-0032
The Japan Steel Works Ltd is a Japan-based company that operates through two segments. The steel and energy products segment provides steel components for turbine shafts, steel components for nuclear reactors, steel casting for power plant turbines, oil refining equipment, high-pressure steel tankers, wind turbine systems, and various other steel products. The industrial machinery products segment offers polyolefin pelletizers, injection molding machines, extruders, film and sheet machines, blow molding machines, defense equipment, and other industrial machinery and related services and solutions. The company generates the majority of its sales from Japan and China.

The Japan Steel Works Headlines