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MatsukiyoCocokara (MatsukiyoCocokara) Cyclically Adjusted PB Ratio : 4.38 (As of May. 15, 2024)


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What is MatsukiyoCocokara Cyclically Adjusted PB Ratio?

As of today (2024-05-15), MatsukiyoCocokara's current share price is $17.18. MatsukiyoCocokara's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $3.92. MatsukiyoCocokara's Cyclically Adjusted PB Ratio for today is 4.38.

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

MSMKF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.11   Med: 2.82   Max: 4.11
Current: 2.88

During the past years, MatsukiyoCocokara's highest Cyclically Adjusted PB Ratio was 4.11. The lowest was 2.11. And the median was 2.82.

MSMKF's Cyclically Adjusted PB Ratio is ranked worse than
61.29% of 310 companies
in the Healthcare Providers & Services industry
Industry Median: 2.02 vs MSMKF: 2.88

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.

MatsukiyoCocokara's adjusted book value per share data for the three months ended in Dec. 2023 was $8.409. 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 $3.92 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


MatsukiyoCocokara Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MatsukiyoCocokara'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.

MatsukiyoCocokara Cyclically Adjusted PB Ratio Chart

MatsukiyoCocokara Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.47 2.47 2.89 2.29 3.25

MatsukiyoCocokara Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.15 3.25 3.63 3.50 3.17

Competitive Comparison of MatsukiyoCocokara's Cyclically Adjusted PB Ratio

For the Pharmaceutical Retailers subindustry, MatsukiyoCocokara'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.


MatsukiyoCocokara's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, MatsukiyoCocokara's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



MatsukiyoCocokara 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.18/3.92
=4.38

* 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.

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

For example, MatsukiyoCocokara'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)
=8.409/106.8000*106.8000
=8.409

Current CPI (Dec. 2023) = 106.8000.

MatsukiyoCocokara Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.471 95.700 4.990
201406 4.422 98.000 4.819
201409 4.249 98.500 4.607
201412 3.877 97.900 4.229
201503 4.072 97.900 4.442
201506 4.045 98.400 4.390
201509 4.228 98.500 4.584
201512 4.329 98.100 4.713
201603 4.723 97.900 5.152
201606 5.135 98.100 5.590
201609 5.346 98.000 5.826
201612 4.797 98.400 5.207
201703 5.135 98.100 5.590
201706 5.355 98.500 5.806
201709 5.499 98.800 5.944
201712 5.566 99.400 5.980
201803 6.085 99.200 6.551
201806 6.009 99.200 6.469
201809 6.108 99.900 6.530
201812 5.877 99.700 6.296
201903 6.116 99.700 6.552
201906 6.367 99.800 6.814
201909 6.610 100.100 7.052
201912 6.640 100.500 7.056
202003 6.916 100.300 7.364
202006 6.987 99.900 7.470
202009 7.376 99.900 7.885
202012 7.585 99.300 8.158
202103 7.355 99.900 7.863
202106 7.245 99.500 7.777
202109 7.353 100.100 7.845
202112 10.050 100.100 10.723
202203 9.152 101.100 9.668
202206 8.169 101.800 8.570
202209 7.819 103.100 8.100
202212 8.457 104.100 8.676
202303 8.631 104.400 8.829
202306 8.295 105.200 8.421
202309 8.139 106.200 8.185
202312 8.409 106.800 8.409

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.


MatsukiyoCocokara  (OTCPK:MSMKF) 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.


MatsukiyoCocokara Cyclically Adjusted PB Ratio Related Terms

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


MatsukiyoCocokara (MatsukiyoCocokara) Business Description

Traded in Other Exchanges
Address
1-8-2 Yushima, Bunkyo-ku, 7th Floor, MK Ochanomizu Building, Tokyo, JPN, 113-0034
MatsukiyoCocokara & Co, formerly Matsumotokiyoshi Holdings Co., Ltd. is a large retail pharmacy in Japan. The company's stores sell branded and generic medication, over-the-counter medicine, health and beauty aids, perfumery, discount cosmetics, household items, pet supplies, groceries, and personal care products. Matsumotokiyoshi operates a private brand called matsukiyo. The highest concentration of Matsumotokiyoshi's stores are in the Kanto region, which includes Tokyo.

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