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Kobayashi Pharmaceutical Co (Kobayashi Pharmaceutical Co) Cyclically Adjusted PB Ratio : 2.16 (As of Jun. 20, 2024)


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What is Kobayashi Pharmaceutical Co Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Kobayashi Pharmaceutical Co's current share price is $32.485. Kobayashi Pharmaceutical Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $15.07. Kobayashi Pharmaceutical Co's Cyclically Adjusted PB Ratio for today is 2.16.

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

KBYPF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.19   Med: 4.96   Max: 7.35
Current: 2.44

During the past years, Kobayashi Pharmaceutical Co's highest Cyclically Adjusted PB Ratio was 7.35. The lowest was 2.19. And the median was 4.96.

KBYPF's Cyclically Adjusted PB Ratio is ranked worse than
70.94% of 1373 companies
in the Consumer Packaged Goods industry
Industry Median: 1.36 vs KBYPF: 2.44

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.

Kobayashi Pharmaceutical Co's adjusted book value per share data for the three months ended in Mar. 2024 was $18.404. 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 $15.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kobayashi Pharmaceutical Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kobayashi 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.

Kobayashi Pharmaceutical Co Cyclically Adjusted PB Ratio Chart

Kobayashi Pharmaceutical Co Annual Data
Trend Mar14 Mar15 Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.59 7.18 4.77 4.31 3.00

Kobayashi Pharmaceutical Co 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 3.80 3.60 3.00 3.00 2.16

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

For the Household & Personal Products subindustry, Kobayashi 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.


Kobayashi Pharmaceutical Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kobayashi Pharmaceutical Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kobayashi 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=32.485/15.07
=2.16

* 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.

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

For example, Kobayashi Pharmaceutical Co'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)
=18.404/107.2000*107.2000
=18.404

Current CPI (Mar. 2024) = 107.2000.

Kobayashi Pharmaceutical Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 15.028 98.000 16.439
201409 14.555 98.500 15.841
201412 13.670 97.900 14.969
201503 14.237 97.900 15.589
201506 14.155 98.400 15.421
201509 15.005 98.500 16.330
201512 14.894 98.100 16.276
201603 15.647 97.900 17.133
201606 16.699 98.100 18.248
201609 16.864 98.000 18.447
201612 0.000 98.400 0.000
201703 16.791 98.100 18.349
201706 16.513 98.500 17.972
201709 16.870 98.800 18.304
201712 17.250 99.400 18.604
201803 18.399 99.200 19.883
201806 18.362 99.200 19.843
201809 18.653 99.900 20.016
201812 18.739 99.700 20.149
201903 18.930 99.700 20.354
201906 19.296 99.800 20.727
201909 19.886 100.100 21.296
201912 20.247 100.500 21.597
202003 20.252 100.300 21.645
202006 20.833 99.900 22.355
202009 21.794 99.900 23.387
202012 22.505 99.300 24.295
202103 21.893 99.900 23.493
202106 22.141 99.500 23.854
202109 22.571 100.100 24.172
202112 22.104 100.100 23.672
202203 20.992 101.100 22.259
202206 19.262 101.800 20.284
202209 18.513 103.100 19.249
202212 19.297 104.100 19.872
202303 19.538 104.400 20.062
202306 19.383 105.200 19.751
202309 19.068 106.200 19.248
202312 19.136 106.800 19.208
202403 18.404 107.200 18.404

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.


Kobayashi Pharmaceutical Co  (OTCPK:KBYPF) 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.


Kobayashi Pharmaceutical Co Cyclically Adjusted PB Ratio Related Terms

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Kobayashi Pharmaceutical Co (Kobayashi Pharmaceutical Co) Business Description

Traded in Other Exchanges
Address
KDX Kobayashi Doshomachi Building, 4-4-10 Doshomachi, Chuo-ku, Osaka, JPN, 541-0045
Kobayashi Pharmaceutical Co Ltd is a consumer product company focusing on niche markets. Its portfolio ranges from OTC pharmaceuticals, household products, to body warmers, and skincare. Kobayashi mainly sells its products in drugstores, convenience stores, and general merchandise stores, or GMSes. It has a geographical presence in Japan and is expanding overseas business in the U.S., China, and Southeast Asia.

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