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Okinawa Cellular Telephone Co (Okinawa Cellular Telephone Co) Cyclically Adjusted PB Ratio : 1.74 (As of May. 21, 2024)


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What is Okinawa Cellular Telephone Co Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Okinawa Cellular Telephone Co's current share price is $19.55. Okinawa Cellular Telephone Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $11.25. Okinawa Cellular Telephone Co's Cyclically Adjusted PB Ratio for today is 1.74.

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

OKCTF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.43   Med: 1.99   Max: 2.37
Current: 2.21

During the past years, Okinawa Cellular Telephone Co's highest Cyclically Adjusted PB Ratio was 2.37. The lowest was 1.43. And the median was 1.99.

OKCTF's Cyclically Adjusted PB Ratio is ranked worse than
65.03% of 286 companies
in the Telecommunication Services industry
Industry Median: 1.45 vs OKCTF: 2.21

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.

Okinawa Cellular Telephone Co's adjusted book value per share data for the three months ended in Mar. 2024 was $13.143. 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 $11.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Okinawa Cellular Telephone Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Okinawa Cellular Telephone 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.

Okinawa Cellular Telephone Co Cyclically Adjusted PB Ratio Chart

Okinawa Cellular Telephone 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 1.56 2.07 1.85 2.07 2.24

Okinawa Cellular Telephone 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 2.07 2.01 2.11 2.17 2.24

Competitive Comparison of Okinawa Cellular Telephone Co's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Okinawa Cellular Telephone 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.


Okinawa Cellular Telephone Co's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Okinawa Cellular Telephone Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Okinawa Cellular Telephone 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.

Okinawa Cellular Telephone Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.55/11.25
=1.74

* 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.

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

For example, Okinawa Cellular Telephone 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)
=13.143/107.2000*107.2000
=13.143

Current CPI (Mar. 2024) = 107.2000.

Okinawa Cellular Telephone Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.879 98.000 10.806
201409 9.760 98.500 10.622
201412 8.897 97.900 9.742
201503 8.926 97.900 9.774
201506 8.800 98.400 9.587
201509 9.394 98.500 10.224
201512 9.407 98.100 10.280
201603 10.296 97.900 11.274
201606 11.224 98.100 12.265
201609 12.064 98.000 13.197
201612 10.695 98.400 11.651
201703 11.165 98.100 12.201
201706 11.469 98.500 12.482
201709 11.871 98.800 12.880
201712 11.781 99.400 12.705
201803 12.862 99.200 13.899
201806 12.522 99.200 13.532
201809 12.705 99.900 13.633
201812 12.763 99.700 13.723
201903 13.236 99.700 14.232
201906 13.719 99.800 14.736
201909 14.242 100.100 15.252
201912 14.187 100.500 15.133
202003 14.709 100.300 15.721
202006 14.791 99.900 15.872
202009 15.543 99.900 16.679
202012 16.028 99.300 17.303
202103 15.583 99.900 16.722
202106 15.680 99.500 16.893
202109 16.237 100.100 17.389
202112 15.841 100.100 16.965
202203 15.151 101.100 16.065
202206 13.492 101.800 14.208
202209 12.948 103.100 13.463
202212 13.797 104.100 14.208
202303 14.155 104.400 14.535
202306 13.159 105.200 13.409
202309 12.993 106.200 13.115
202312 13.354 106.800 13.404
202403 13.143 107.200 13.143

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.


Okinawa Cellular Telephone Co  (OTCPK:OKCTF) 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.


Okinawa Cellular Telephone Co Cyclically Adjusted PB Ratio Related Terms

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


Okinawa Cellular Telephone Co (Okinawa Cellular Telephone Co) Business Description

Traded in Other Exchanges
Address
1-2-1 Matsuyama, Okinawa, Naha City, JPN, 900-8540
Okinawa Cellular Telephone Co is a telecommunications company. It is engaged in telecommunications business that provides mobile services, domestic and international communication services, Internet services, etc.

Okinawa Cellular Telephone Co (Okinawa Cellular Telephone Co) Headlines

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