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Murakami (Murakami) Cyclically Adjusted PB Ratio : (As of Jun. 05, 2024)


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What is Murakami Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Murakami Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Murakami'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.

Murakami Cyclically Adjusted PB Ratio Chart

Murakami 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 0.61 0.87 0.60 0.63 -

Murakami 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 0.63 0.64 0.70 0.84 -

Competitive Comparison of Murakami's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Murakami'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.


Murakami's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Murakami's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Murakami 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.

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

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

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=46.735/106.8000*106.8000
=46.735

Current CPI (Dec. 2023) = 106.8000.

Murakami Quarterly Data

Book Value per Share CPI Adj_Book
201403 28.905 95.700 32.258
201406 29.098 98.000 31.711
201409 28.396 98.500 30.789
201412 26.957 97.900 29.408
201503 28.831 97.900 31.452
201506 28.620 98.400 31.063
201509 29.972 98.500 32.498
201512 29.643 98.100 32.272
201603 31.937 97.900 34.840
201606 34.026 98.100 37.044
201609 35.019 98.000 38.164
201612 31.326 98.400 34.000
201703 34.689 98.100 37.765
201706 36.060 98.500 39.099
201709 37.060 98.800 40.061
201712 37.648 99.400 40.451
201803 40.784 99.200 43.909
201806 39.527 99.200 42.555
201809 39.588 99.900 42.322
201812 40.378 99.700 43.253
201903 41.155 99.700 44.086
201906 43.260 99.800 46.294
201909 44.018 100.100 46.964
201912 43.965 100.500 46.721
202003 45.511 100.300 48.460
202006 44.172 99.900 47.223
202009 45.579 99.900 48.727
202012 47.461 99.300 51.046
202103 47.351 99.900 50.621
202106 48.444 99.500 51.998
202109 48.566 100.100 51.817
202112 48.106 100.100 51.326
202203 47.432 101.100 50.106
202206 43.886 101.800 46.042
202209 42.282 103.100 43.799
202212 46.341 104.100 47.543
202303 46.829 104.400 47.906
202306 45.418 105.200 46.109
202309 45.296 106.200 45.552
202312 46.735 106.800 46.735

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.


Murakami  (OTCPK:MKMIF) 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.


Murakami Cyclically Adjusted PB Ratio Related Terms

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Murakami (Murakami) Business Description

Traded in Other Exchanges
Address
11-5 Tenma-cho, Aoi-ku, Shizuoka-city, Shizuoka, JPN, 420-8550
Murakami Corp manufactures and sells rear-view mirrors for automobiles and optical thin-film materials. The company offers rear-view mirror products, including hydrophilic clear mirrors, electro-chromic mirrors, aspheric mirrors, powerfold units, actuators, blind spot indicator mirrors, auto powerfold mirrors, exterior rear view mirrors with turn lamps and side cameras, projection lamps, and actuator units for electric vehicle inlet. It also provides opt-electronics solutions covering video equipment, such as dichronic mirrors and filters, UV cut and IR cut filters, bandpass filters, trimming filters, half mirrors for use in projectors, digital cameras. In addition, it offers various components, including projection mirror actuator units, navigation stands, and active spoiler controllers.

Murakami (Murakami) Headlines

From GuruFocus

Murakami Looks Undervalued

By Nick de Peyster Nick de Peyster 11-15-2016