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Sekisui House (MEX:1928) Cyclically Adjusted PB Ratio : 1.79 (As of Jun. 24, 2024)


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What is Sekisui House Cyclically Adjusted PB Ratio?

As of today (2024-06-24), Sekisui House's current share price is MXN331.19. Sekisui House's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was MXN184.75. Sekisui House's Cyclically Adjusted PB Ratio for today is 1.79.

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

MEX:1928' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.11   Med: 1.45   Max: 1.81
Current: 1.69

During the past years, Sekisui House's highest Cyclically Adjusted PB Ratio was 1.81. The lowest was 1.11. And the median was 1.45.

MEX:1928's Cyclically Adjusted PB Ratio is ranked worse than
55.13% of 78 companies
in the Homebuilding & Construction industry
Industry Median: 1.51 vs MEX:1928: 1.69

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.

Sekisui House's adjusted book value per share data for the three months ended in Apr. 2024 was MXN307.936. 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 MXN184.75 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sekisui House Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sekisui House'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.

Sekisui House Cyclically Adjusted PB Ratio Chart

Sekisui House Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.61 1.32 1.42 1.35 1.69

Sekisui House Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 1.51 1.53 1.51 1.69 1.79

Competitive Comparison of Sekisui House's Cyclically Adjusted PB Ratio

For the Residential Construction subindustry, Sekisui House'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.


Sekisui House's Cyclically Adjusted PB Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Sekisui House's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sekisui House 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.

Sekisui House's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=331.19/184.75
=1.79

* 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.

Sekisui House's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 is calculated as:

For example, Sekisui House's adjusted Book Value per Share data for the three months ended in Apr. 2024 was:

Adj_Book=Book Value per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=307.936/107.7000*107.7000
=307.936

Current CPI (Apr. 2024) = 107.7000.

Sekisui House Quarterly Data

Book Value per Share CPI Adj_Book
201407 179.361 98.100 196.913
201410 175.225 98.200 192.177
201501 193.928 97.800 213.559
201504 192.754 98.400 210.972
201507 198.958 98.300 217.983
201510 205.695 98.500 224.907
201601 232.547 97.700 256.349
201604 229.942 98.100 252.444
201607 259.726 97.900 285.725
201610 260.880 98.600 284.957
201701 290.191 98.200 318.264
201704 280.115 98.500 306.278
201707 267.753 98.300 293.357
201710 288.822 98.800 314.839
201801 291.019 99.500 315.002
201804 293.505 99.100 318.976
201807 289.212 99.200 313.993
201810 310.266 100.200 333.490
201901 300.751 99.700 324.883
201904 293.469 100.000 316.066
201907 310.869 99.800 335.477
201910 315.890 100.400 338.858
202001 320.435 100.500 343.392
202004 403.113 100.200 433.286
202007 390.201 100.000 420.246
202010 379.872 99.800 409.942
202101 380.335 99.800 410.442
202104 373.198 99.100 405.585
202107 373.341 99.700 403.298
202110 379.476 99.900 409.105
202201 392.633 100.300 421.601
202204 365.356 101.500 387.673
202207 359.512 102.300 378.489
202210 331.779 103.700 344.577
202301 355.303 104.700 365.484
202304 333.979 105.100 342.241
202307 313.480 105.700 319.412
202310 322.095 107.100 323.899
202401 317.948 106.900 320.327
202404 307.936 107.700 307.936

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.


Sekisui House  (MEX:1928) 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.


Sekisui House Cyclically Adjusted PB Ratio Related Terms

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


Sekisui House (MEX:1928) Business Description

Traded in Other Exchanges
Address
Tower East Umeda Sky Building, 1-88 Oyodonaka 1-chome, Kita-ku, Osaka, JPN, 531-0076
Sekisui House Ltd is a Japanese construction company that focuses on residential construction. It is one of the world's largest international homebuilders and operates in Japan, China, Singapore, Australia, and the United States. Sekisui House is involved in constructing single-family detached housing and multi-unit residential housing, condominium development, and urban redevelopment. The company uses eco-friendly features in its construction projects such as solar panels and sustainable material usage. The majority of revenue for the company is derived from its detached-housing projects, followed by rental and condominium construction.

Sekisui House (MEX:1928) Headlines

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