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OYO (OYOCF) Cyclically Adjusted PB Ratio : 0.78 (As of May. 18, 2024)


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What is OYO Cyclically Adjusted PB Ratio?

As of today (2024-05-18), OYO's current share price is $12.55. OYO's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $16.07. OYO's Cyclically Adjusted PB Ratio for today is 0.78.

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

OYOCF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.65   Max: 1.01
Current: 0.89

During the past years, OYO's highest Cyclically Adjusted PB Ratio was 1.01. The lowest was 0.45. And the median was 0.65.

OYOCF's Cyclically Adjusted PB Ratio is ranked better than
59.57% of 1197 companies
in the Construction industry
Industry Median: 1.11 vs OYOCF: 0.89

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.

OYO's adjusted book value per share data for the three months ended in Mar. 2024 was $21.452. 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 $16.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


OYO Cyclically Adjusted PB Ratio Historical Data

The historical data trend for OYO'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.

OYO Cyclically Adjusted PB Ratio Chart

OYO Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.51 0.87 0.86 0.74

OYO 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 0.83 0.74 0.90 0.74 0.78

Competitive Comparison of OYO's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, OYO'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.


OYO's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, OYO's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



OYO 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.55/16.07
=0.78

* 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.

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

For example, OYO'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)
=21.452/107.2000*107.2000
=21.452

Current CPI (Mar. 2024) = 107.2000.

OYO Quarterly Data

Book Value per Share CPI Adj_Book
201406 22.876 98.000 25.024
201409 21.610 98.500 23.519
201412 20.204 97.900 22.123
201503 20.803 97.900 22.779
201506 20.331 98.400 22.149
201509 21.025 98.500 22.882
201512 20.793 98.100 22.722
201603 21.991 97.900 24.080
201606 22.938 98.100 25.066
201609 23.719 98.000 25.946
201612 21.817 98.400 23.768
201703 22.337 98.100 24.409
201706 22.749 98.500 24.758
201709 22.634 98.800 24.558
201712 22.415 99.400 24.174
201803 24.031 99.200 25.969
201806 23.268 99.200 25.144
201809 22.905 99.900 24.579
201812 22.486 99.700 24.178
201903 22.896 99.700 24.618
201906 23.352 99.800 25.084
201909 23.633 100.100 25.309
201912 23.786 100.500 25.372
202003 24.062 100.300 25.717
202006 24.008 99.900 25.762
202009 24.412 99.900 26.196
202012 24.914 99.300 26.896
202103 24.965 99.900 26.789
202106 24.754 99.500 26.670
202109 24.888 100.100 26.653
202112 24.216 100.100 25.934
202203 23.627 101.100 25.053
202206 21.418 101.800 22.554
202209 20.248 103.100 21.053
202212 21.486 104.100 22.126
202303 21.921 104.400 22.509
202306 21.311 105.200 21.716
202309 20.552 106.200 20.746
202312 21.557 106.800 21.638
202403 21.452 107.200 21.452

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.


OYO  (OTCPK:OYOCF) 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.


OYO Cyclically Adjusted PB Ratio Related Terms

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


OYO (OYOCF) Business Description

Industry
Traded in Other Exchanges
Address
2-6 Kudan-Kita 4-chome, Chiyoda, Tokyo, JPN, 102-0073
OYO Corp is a Japanese based company, engages in the geological, geophysical, and geotechnical research and consulting business. The company offers survey and analysis services primarily for ground and groundwater, and ocean water, as well as advisory and consulting services in the areas of disaster management, construction, and environmental investigation. It's products which include Remote Monitoring for underground deformation, Sensor for Deformation Measurement and Standalone with data logger for automatic monitoring of water level with multi-parameters.

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