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Toshiba (LTS:0Q0C) Cyclically Adjusted PB Ratio : 27,236,809.04 (As of May. 15, 2024)


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What is Toshiba Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Toshiba's current share price is CHF378864013.80. Toshiba's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was CHF13.91. Toshiba's Cyclically Adjusted PB Ratio for today is 27,236,809.04.

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

LTS:0Q0C' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 11958309.83   Med: 26433400.81   Max: 27240719.62
Current: 27240719.62

During the past years, Toshiba's highest Cyclically Adjusted PB Ratio was 27240719.62. The lowest was 11958309.83. And the median was 26433400.81.

LTS:0Q0C's Cyclically Adjusted PB Ratio is ranked worse than
100% of 424 companies
in the Conglomerates industry
Industry Median: 0.96 vs LTS:0Q0C: 27240719.62

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.

Toshiba's adjusted book value per share data for the three months ended in Sep. 2023 was CHF17.359. 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 CHF13.91 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toshiba Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Toshiba'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.

Toshiba Cyclically Adjusted PB Ratio Chart

Toshiba Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
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Toshiba Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Toshiba's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Toshiba'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.


Toshiba's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Toshiba's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Toshiba 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=378864013.80/13.91
=27,236,809.04

* 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.

Toshiba's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Toshiba's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=17.359/106.2000*106.2000
=17.359

Current CPI (Sep. 2023) = 106.2000.

Toshiba Quarterly Data

Book Value per Share CPI Adj_Book
201312 24.902 95.600 27.663
201403 20.870 95.700 23.160
201406 25.062 98.000 27.159
201409 26.688 98.500 28.774
201412 27.534 97.900 29.868
201503 20.833 97.900 22.599
201506 19.559 98.400 21.109
201509 19.533 98.500 21.060
201512 10.192 98.100 11.034
201603 6.748 97.900 7.320
201606 7.305 98.100 7.908
201609 8.203 98.000 8.889
201612 -4.684 98.400 -5.055
201703 -11.583 98.100 -12.539
201706 -10.396 98.500 -11.209
201709 -127.199 98.800 -136.726
201712 -0.071 99.400 -0.076
201803 11.010 99.200 11.787
201806 25.700 99.200 27.514
201809 25.680 99.900 27.299
201812 22.796 99.700 24.282
201903 23.527 99.700 25.061
201906 20.715 99.800 22.043
201909 19.744 100.100 20.947
201912 19.728 100.500 20.847
202003 18.334 100.300 19.412
202006 17.890 99.900 19.018
202009 17.872 99.900 18.999
202012 18.461 99.300 19.744
202103 21.950 99.900 23.334
202106 20.901 99.500 22.308
202109 19.811 100.100 21.018
202112 20.539 100.100 21.791
202203 21.825 101.100 22.926
202206 20.451 101.800 21.335
202209 19.561 103.100 20.149
202212 18.973 104.100 19.356
202303 19.964 104.400 20.308
202306 18.368 105.200 18.543
202309 17.359 106.200 17.359

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.


Toshiba  (LTS:0Q0C) 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.


Toshiba Cyclically Adjusted PB Ratio Related Terms

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


Toshiba (LTS:0Q0C) Business Description

Industry
Traded in Other Exchanges
Address
1-1, Shibaura 1-chome, Minato-ku, Tokyo, JPN, 105-8001
Founded in 1875, Toshiba is Japan's largest semiconductor manufacturer and its second-largest diversified industrial conglomerate. After the accounting scandal in 2015, Toshiba reorganized into six major segments: energy systems and solutions; infrastructure systems and solutions; building solutions; retail and printing solutions; storage and electronic devices solutions; and digital solutions. Toshiba is the second-largest manufacturer of NAND flash memory with a market share of 16.5% in 2017, and it concentrates business resources in this area.

Toshiba (LTS:0Q0C) Headlines

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