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KTSUF (Koatsu Gas Kogyo Co) Cyclically Adjusted PB Ratio : 0.90 (As of Sep. 20, 2024)


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What is Koatsu Gas Kogyo Co Cyclically Adjusted PB Ratio?

As of today (2024-09-20), Koatsu Gas Kogyo Co's current share price is $5.48. Koatsu Gas Kogyo Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $6.08. Koatsu Gas Kogyo Co's Cyclically Adjusted PB Ratio for today is 0.90.

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

KTSUF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 0.84   Max: 1.34
Current: 0.79

During the past years, Koatsu Gas Kogyo Co's highest Cyclically Adjusted PB Ratio was 1.34. The lowest was 0.62. And the median was 0.84.

KTSUF's Cyclically Adjusted PB Ratio is ranked better than
77.98% of 972 companies
in the Chemicals industry
Industry Median: 1.525 vs KTSUF: 0.79

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.

Koatsu Gas Kogyo Co's adjusted book value per share data for the three months ended in Mar. 2024 was $9.155. 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 $6.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Koatsu Gas Kogyo Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Koatsu Gas Kogyo 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.

Koatsu Gas Kogyo Co Cyclically Adjusted PB Ratio Chart

Koatsu Gas Kogyo Co 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 0.85 0.82 0.70 0.69 0.81

Koatsu Gas Kogyo Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.71 0.71 0.82 0.81 -

Competitive Comparison of Koatsu Gas Kogyo Co's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Koatsu Gas Kogyo 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.


Koatsu Gas Kogyo Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Koatsu Gas Kogyo Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Koatsu Gas Kogyo Co's Cyclically Adjusted PB Ratio falls into.



Koatsu Gas Kogyo 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.

Koatsu Gas Kogyo Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.48/6.08
=0.90

* 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.

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

For example, Koatsu Gas Kogyo 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)
=9.155/107.2000*107.2000
=9.155

Current CPI (Mar. 2024) = 107.2000.

Koatsu Gas Kogyo Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.587 98.000 8.299
201409 7.323 98.500 7.970
201412 6.809 97.900 7.456
201503 7.018 97.900 7.685
201506 6.895 98.400 7.512
201509 7.035 98.500 7.656
201512 7.053 98.100 7.707
201603 7.525 97.900 8.240
201606 8.043 98.100 8.789
201609 8.536 98.000 9.337
201612 7.746 98.400 8.439
201703 8.113 98.100 8.866
201706 8.368 98.500 9.107
201709 8.624 98.800 9.357
201712 8.693 99.400 9.375
201803 9.242 99.200 9.987
201806 8.958 99.200 9.680
201809 8.999 99.900 9.657
201812 8.969 99.700 9.644
201903 9.139 99.700 9.826
201906 9.654 99.800 10.370
201909 9.797 100.100 10.492
201912 9.836 100.500 10.492
202003 9.756 100.300 10.427
202006 9.909 99.900 10.633
202009 10.174 99.900 10.917
202012 10.674 99.300 11.523
202103 10.467 99.900 11.232
202106 10.396 99.500 11.201
202109 10.657 100.100 11.413
202112 10.318 100.100 11.050
202203 9.974 101.100 10.576
202206 8.881 101.800 9.352
202209 8.439 103.100 8.775
202212 9.036 104.100 9.305
202303 9.271 104.400 9.520
202306 8.984 105.200 9.155
202309 8.785 106.200 8.868
202312 9.174 106.800 9.208
202403 9.155 107.200 9.155

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.


Koatsu Gas Kogyo Co  (OTCPK:KTSUF) 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.


Koatsu Gas Kogyo Co Cyclically Adjusted PB Ratio Related Terms

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Koatsu Gas Kogyo Co Business Description

Traded in Other Exchanges
Address
1-5, Doyama-cho, Kita-ku, Osaka, JPN, 530-8411
Koatsu Gas Kogyo Co., Ltd. is engaged in the production and distribution of industrial gases and chemical products. It has three operating business divisions: Gas, Chemical Products and Information Systems. The company supplies various types of gases to a broad range of industrial sectors, from living-related industries to the medical industry. Its chemical products offering includes adhesives, a synthetic resin emulsion, cyanon, special resin and a nonwoven shock-absorbing material. The company offers information systems, such as LSI cards and reader-writers for various industrial fields, such as construction, civil engineering, transportation, and production equipment; and GNSS receiver modules.

Koatsu Gas Kogyo Co Headlines

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