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Mandom (Mandom) Cyclically Adjusted PB Ratio : 0.90 (As of May. 29, 2024)


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What is Mandom Cyclically Adjusted PB Ratio?

As of today (2024-05-29), Mandom's current share price is $11.75. Mandom's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $13.03. Mandom's Cyclically Adjusted PB Ratio for today is 0.90.

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

MDOMF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.43   Max: 3.61
Current: 0.81

During the past years, Mandom's highest Cyclically Adjusted PB Ratio was 3.61. The lowest was 0.81. And the median was 1.43.

MDOMF's Cyclically Adjusted PB Ratio is ranked better than
70.99% of 1296 companies
in the Consumer Packaged Goods industry
Industry Median: 1.345 vs MDOMF: 0.81

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.

Mandom's adjusted book value per share data for the three months ended in Mar. 2024 was $9.873. 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 $13.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mandom Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mandom'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.

Mandom Cyclically Adjusted PB Ratio Chart

Mandom 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 1.67 1.62 0.98 1.03 0.90

Mandom 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 1.03 1.00 0.94 0.86 0.90

Competitive Comparison of Mandom's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, Mandom'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.


Mandom's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Mandom 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.75/13.03
=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.

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

For example, Mandom'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)
=9.873/107.2000*107.2000
=9.873

Current CPI (Mar. 2024) = 107.2000.

Mandom Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.012 98.000 12.046
201409 10.622 98.500 11.560
201412 9.762 97.900 10.689
201503 9.943 97.900 10.888
201506 9.950 98.400 10.840
201509 10.837 98.500 11.794
201512 10.478 98.100 11.450
201603 11.308 97.900 12.382
201606 12.253 98.100 13.390
201609 12.724 98.000 13.918
201612 11.306 98.400 12.317
201703 11.981 98.100 13.092
201706 12.553 98.500 13.662
201709 12.979 98.800 14.082
201712 13.022 99.400 14.044
201803 14.000 99.200 15.129
201806 13.669 99.200 14.771
201809 13.828 99.900 14.838
201812 13.338 99.700 14.341
201903 13.462 99.700 14.475
201906 13.795 99.800 14.818
201909 13.808 100.100 14.787
201912 13.534 100.500 14.436
202003 13.889 100.300 14.844
202006 13.321 99.900 14.294
202009 13.859 99.900 14.872
202012 13.988 99.300 15.101
202103 13.168 99.900 14.130
202106 12.986 99.500 13.991
202109 12.974 100.100 13.894
202112 12.307 100.100 13.180
202203 11.871 101.100 12.587
202206 10.743 101.800 11.313
202209 10.430 103.100 10.845
202212 11.110 104.100 11.441
202303 10.835 104.400 11.126
202306 10.446 105.200 10.645
202309 10.293 106.200 10.390
202312 10.533 106.800 10.572
202403 9.873 107.200 9.873

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.


Mandom  (OTCPK:MDOMF) 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.


Mandom Cyclically Adjusted PB Ratio Related Terms

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


Mandom (Mandom) Business Description

Traded in Other Exchanges
Address
5-12 Juniken-cho Chuo-ku, Osaka, JPN, 540-8530
Mandom Corp is a Japan-based company that is principally engaged in producing, marketing, and selling cosmetic products. The company's products are categorized into hair styling, face and body care, skin care, and makeup. Its brands consist of Gatsby, Lucido-L, Lucido, Bifesta, and Pixy. The company focuses on three businesses: men's grooming, offering men's daily grooming products and general fashion items; women's cosmetics, providing women's beauty products; and women's cosmetries, offering women's grooming and fashion products. These three businesses jointly account for the majority of the company's sales. The company focuses its business in Asia, with over half of sales generated in Japan and the rest mainly from other regions across Asia, especially Indonesia.

Mandom (Mandom) Headlines

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