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Panasonic Holdings (LTS:0QYR) Cyclically Adjusted PB Ratio : 1.33 (As of Jan. 18, 2025)


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What is Panasonic Holdings Cyclically Adjusted PB Ratio?

As of today (2025-01-18), Panasonic Holdings's current share price is 円1529.00. Panasonic Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円1,148.43. Panasonic Holdings's Cyclically Adjusted PB Ratio for today is 1.33.

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

LTS:0QYR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.29   Max: 1.85
Current: 1.33

During the past years, Panasonic Holdings's highest Cyclically Adjusted PB Ratio was 1.85. The lowest was 0.66. And the median was 1.29.

LTS:0QYR's Cyclically Adjusted PB Ratio is ranked better than
62.46% of 1686 companies
in the Hardware industry
Industry Median: 1.84 vs LTS:0QYR: 1.33

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.

Panasonic Holdings's adjusted book value per share data for the three months ended in Sep. 2024 was 円1,901.404. 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 円1,148.43 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Panasonic Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Panasonic Holdings'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.

Panasonic Holdings Cyclically Adjusted PB Ratio Chart

Panasonic Holdings 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 0.99 1.79 1.45 1.27 1.35

Panasonic Holdings 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 1.67 1.35 1.35 1.18 1.08

Competitive Comparison of Panasonic Holdings's Cyclically Adjusted PB Ratio

For the Consumer Electronics subindustry, Panasonic Holdings'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.


Panasonic Holdings's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Panasonic Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Panasonic Holdings 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.

Panasonic Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1529.00/1148.43
=1.33

* 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.

Panasonic Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Panasonic Holdings'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)
=1901.404/108.9000*108.9000
=1,901.404

Current CPI (Sep. 2024) = 108.9000.

Panasonic Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201412 767.982 97.900 854.272
201503 788.874 97.900 877.512
201506 839.579 98.400 929.168
201509 777.837 98.500 859.964
201512 830.990 98.100 922.475
201603 588.835 97.900 654.996
201606 622.902 98.100 691.478
201609 682.829 98.000 758.776
201612 786.844 98.400 870.806
201703 673.936 98.100 748.131
201706 697.783 98.500 771.458
201709 723.122 98.800 797.044
201712 749.083 99.400 820.675
201803 732.119 99.200 803.707
201806 756.710 99.200 830.703
201809 788.404 99.900 859.431
201812 780.753 99.700 852.798
201903 820.409 99.700 896.114
201906 786.061 99.800 857.736
201909 800.106 100.100 870.445
201912 847.480 100.500 918.314
202003 856.572 100.300 930.017
202006 865.686 99.900 943.676
202009 923.335 99.900 1,006.518
202012 978.112 99.300 1,072.673
202103 1,111.735 99.900 1,211.891
202106 1,141.111 99.500 1,248.914
202109 1,184.315 100.100 1,288.431
202112 1,223.331 100.100 1,330.877
202203 1,356.083 101.100 1,460.707
202206 1,512.240 101.800 1,617.711
202209 1,603.550 103.100 1,693.759
202212 1,482.044 104.100 1,550.380
202303 1,550.228 104.400 1,617.048
202306 1,759.165 105.200 1,821.037
202309 1,843.491 106.200 1,890.359
202312 1,790.759 106.800 1,825.971
202403 1,946.613 107.200 1,977.483
202406 2,088.769 108.200 2,102.282
202409 1,901.404 108.900 1,901.404

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.


Panasonic Holdings  (LTS:0QYR) 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.


Panasonic Holdings Cyclically Adjusted PB Ratio Related Terms

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


Panasonic Holdings Business Description

Address
1006, Oaza Kadoma, Kadoma-shi, Osaka, JPN, 571-8501
Panasonic Holdings is a conglomerate that has diversified from its consumer electronics roots. It has five main business units: lifestyle (white appliances and housing products); automotive (cockpit systems); connect (BtoB businesses); industry (FA products, electronic materials, and devices); and energy (rechargeable batteries). After the crisis in 2012, former president Kazuhiro Tsuga has focused on shifting the business portfolio to increase the proportion of B2B businesses to mitigate the tough competition in consumer electronics products.

Panasonic Holdings Headlines

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