GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Daifuku Co Ltd (MEX:DAIF) » Definitions » Cyclically Adjusted PB Ratio

Daifuku Co (MEX:DAIF) Cyclically Adjusted PB Ratio : 5.92 (As of Jun. 23, 2024)


View and export this data going back to 2019. Start your Free Trial

What is Daifuku Co Cyclically Adjusted PB Ratio?

As of today (2024-06-23), Daifuku Co's current share price is MXN588.70667. Daifuku Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was MXN99.37. Daifuku Co's Cyclically Adjusted PB Ratio for today is 5.92.

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

MEX:DAIF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.11   Med: 6.03   Max: 11.24
Current: 4.89

During the past years, Daifuku Co's highest Cyclically Adjusted PB Ratio was 11.24. The lowest was 4.11. And the median was 6.03.

MEX:DAIF's Cyclically Adjusted PB Ratio is ranked worse than
81.98% of 2187 companies
in the Industrial Products industry
Industry Median: 1.84 vs MEX:DAIF: 4.89

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.

Daifuku Co's adjusted book value per share data for the three months ended in Mar. 2024 was MXN107.117. 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 MXN99.37 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daifuku Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Daifuku 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.

Daifuku Co Cyclically Adjusted PB Ratio Chart

Daifuku 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 6.29 8.98 6.41 4.60 5.92

Daifuku Co 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 4.60 5.35 4.97 4.85 5.92

Competitive Comparison of Daifuku Co's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Daifuku 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.


Daifuku Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Daifuku Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Daifuku 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.

Daifuku Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=588.70667/99.37
=5.92

* 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.

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

For example, Daifuku 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)
=107.117/107.2000*107.2000
=107.117

Current CPI (Mar. 2024) = 107.2000.

Daifuku Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 36.513 98.000 39.941
201409 37.163 98.500 40.445
201412 38.874 97.900 42.567
201503 41.058 97.900 44.958
201506 41.860 98.400 45.604
201509 47.546 98.500 51.745
201512 50.333 98.100 55.002
201603 53.065 97.900 58.106
201606 59.458 98.100 64.973
201609 64.557 98.000 70.617
201612 63.055 98.400 68.694
201703 63.484 98.100 69.373
201706 62.813 98.500 68.361
201709 66.905 98.800 72.593
201712 82.895 99.400 89.400
201803 85.298 99.200 92.177
201806 89.474 99.200 96.690
201809 88.889 99.900 95.384
201812 96.735 99.700 104.012
201903 101.122 99.700 108.729
201906 101.758 99.800 109.303
201909 107.865 100.100 115.516
201912 103.405 100.500 110.299
202003 134.318 100.300 143.558
202006 131.994 99.900 141.639
202009 133.371 99.900 143.117
202012 124.409 99.300 134.307
202103 127.879 99.900 137.224
202106 126.356 99.500 136.134
202109 133.812 100.100 143.303
202112 131.776 100.100 141.123
202203 129.148 101.100 136.940
202206 117.641 101.800 123.881
202209 118.058 103.100 122.753
202212 125.762 104.100 129.507
202303 118.432 104.400 121.608
202306 106.622 105.200 108.649
202309 105.145 106.200 106.135
202312 108.611 106.800 109.018
202403 107.117 107.200 107.117

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.


Daifuku Co  (MEX:DAIF) 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.


Daifuku Co Cyclically Adjusted PB Ratio Related Terms

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


Daifuku Co (MEX:DAIF) Business Description

Traded in Other Exchanges
Address
3-2-11, Mitejima, Nishiyodogawa-ku,, Osaka, JPN, 555-0012
Daifuku provides manufacturing, engineering, design, installation, and after-sales services for material handling equipment and logistics systems. Its solutions are categorized into six segments: factory and distribution automation solutions (automated warehousing, automated storage and transport systems, sorting systems, and so on), cleanroom automation solutions for semiconductor/FPD production, automotive factory automation solutions, airport baggage handling solutions, industrial computers/controllers, and car-washing machines. The company was founded in 1937 and is headquartered in Osaka, Japan.

Daifuku Co (MEX:DAIF) Headlines

No Headlines