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Daisan Bank (NGO:8529) Cyclically Adjusted PB Ratio : (As of Jun. 08, 2024)


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What is Daisan Bank Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Daisan Bank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Daisan Bank'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.

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Daisan Bank Cyclically Adjusted PB Ratio Chart

Daisan Bank Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Cyclically Adjusted PB Ratio
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Daisan Bank Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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Competitive Comparison of Daisan Bank's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Daisan Bank'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.


Daisan Bank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Daisan Bank's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Daisan Bank 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.

Daisan Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2018 is calculated as:

For example, Daisan Bank's adjusted Book Value per Share data for the three months ended in Mar. 2018 was:

Adj_Book=Book Value per Share/CPI of Mar. 2018 (Change)*Current CPI (Mar. 2018)
=6195.652/99.2000*99.2000
=6,195.652

Current CPI (Mar. 2018) = 99.2000.

Daisan Bank Quarterly Data

Book Value per Share CPI Adj_Book
200803 3,682.879 96.100 3,801.682
200809 0.000 97.800 0.000
200812 2,514.398 96.400 2,587.430
200903 1,834.731 95.900 1,897.866
200906 0.000 95.600 0.000
200909 4,410.691 95.600 4,576.784
200912 4,482.692 94.800 4,690.749
201003 4,584.581 95.100 4,782.234
201006 4,533.058 94.900 4,738.455
201009 4,693.532 94.700 4,916.562
201012 4,722.494 94.500 4,957.369
201103 4,709.083 94.600 4,938.066
201106 4,715.043 94.600 4,944.316
201109 4,653.165 94.700 4,874.276
201112 4,591.480 94.300 4,830.062
201203 4,768.548 95.100 4,974.132
201206 4,718.135 94.400 4,958.040
201209 4,691.838 94.400 4,930.406
201212 4,883.025 94.100 5,147.674
201303 5,373.317 94.200 5,658.525
201306 5,232.730 94.600 5,487.176
201309 5,352.846 95.400 5,566.062
201312 5,468.660 95.600 5,674.593
201403 5,374.749 95.700 5,571.318
201406 5,489.441 98.000 5,556.659
201409 5,625.252 98.500 5,665.228
201412 5,955.179 97.900 6,034.257
201503 6,099.829 97.900 6,180.828
201506 6,098.451 98.400 6,148.032
201509 5,849.485 98.500 5,891.055
201512 6,084.582 98.100 6,152.809
201603 5,970.505 97.900 6,049.786
201606 5,827.161 98.100 5,892.501
201609 5,859.575 98.000 5,931.325
201612 6,082.746 98.400 6,132.199
201703 5,950.647 98.100 6,017.372
201706 5,995.329 98.500 6,037.935
201709 6,115.310 98.800 6,140.068
201712 6,299.744 99.400 6,287.068
201803 6,195.652 99.200 6,195.652

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.


Daisan Bank  (NGO:8529) 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.


Daisan Bank Cyclically Adjusted PB Ratio Related Terms

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Daisan Bank (NGO:8529) Business Description

Industry
Traded in Other Exchanges
N/A
Address
510 Kyo-machi, Mie, JPN, 515-8530
Daisan Bank Ltd offers banking services. It provides various services such as general account, time deposits, mutual funds, foreign currency deposits, education loans, car loans, solar power generation loans, life insurance, fire insurance, debt repayment support insurance, pet insurance, and others.

Daisan Bank (NGO:8529) Headlines

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