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PGENY (Pigeon) Cyclically Adjusted PB Ratio : 3.18 (As of Sep. 21, 2024)


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What is Pigeon Cyclically Adjusted PB Ratio?

As of today (2024-09-21), Pigeon's current share price is $2.705. Pigeon's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was $0.85. Pigeon's Cyclically Adjusted PB Ratio for today is 3.18.

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

PGENY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.41   Med: 7.98   Max: 19.61
Current: 2.76

During the past years, Pigeon's highest Cyclically Adjusted PB Ratio was 19.61. The lowest was 2.41. And the median was 7.98.

PGENY's Cyclically Adjusted PB Ratio is ranked worse than
75.96% of 1169 companies
in the Consumer Packaged Goods industry
Industry Median: 1.3 vs PGENY: 2.76

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.

Pigeon's adjusted book value per share data for the three months ended in Jun. 2024 was $1.082. 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 $0.85 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pigeon Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pigeon'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.

Pigeon Cyclically Adjusted PB Ratio Chart

Pigeon Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.30 10.69 5.01 4.38 3.00

Pigeon Quarterly Data
Jul19 Oct19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 3.83 3.18 3.00 2.64 2.58

Competitive Comparison of Pigeon's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, Pigeon'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.


Pigeon's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Pigeon's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Pigeon 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.705/0.85
=3.18

* 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.

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

For example, Pigeon's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=1.082/108.2000*108.2000
=1.082

Current CPI (Jun. 2024) = 108.2000.

Pigeon Quarterly Data

Book Value per Share CPI Adj_Book
201407 0.800 98.100 0.882
201410 0.818 98.200 0.901
201501 0.815 97.800 0.902
201504 0.803 98.400 0.883
201507 0.840 98.300 0.925
201510 0.829 98.500 0.911
201601 0.875 97.700 0.969
201604 0.924 98.100 1.019
201607 0.957 97.900 1.058
201610 0.949 98.600 1.041
201701 0.952 98.200 1.049
201704 0.991 98.500 1.089
201707 1.028 98.300 1.132
201710 1.037 98.800 1.136
201801 1.143 99.500 1.243
201804 1.153 99.100 1.259
201807 1.177 99.200 1.284
201810 1.163 100.200 1.256
201901 1.231 99.700 1.336
201904 1.198 100.000 1.296
201907 1.277 99.800 1.384
201910 1.231 100.400 1.327
202003 1.260 100.300 1.359
202006 1.326 99.900 1.436
202009 1.334 99.900 1.445
202012 1.407 99.300 1.533
202103 1.339 99.900 1.450
202106 1.386 99.500 1.507
202109 1.337 100.100 1.445
202112 1.356 100.100 1.466
202203 1.309 101.100 1.401
202206 1.226 101.800 1.303
202209 1.132 103.100 1.188
202212 1.188 104.100 1.235
202303 1.177 104.400 1.220
202306 1.176 105.200 1.210
202309 1.114 106.200 1.135
202312 1.126 106.800 1.141
202403 1.078 107.200 1.088
202406 1.082 108.200 1.082

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.


Pigeon  (OTCPK:PGENY) 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.


Pigeon Cyclically Adjusted PB Ratio Related Terms

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


Pigeon Business Description

Traded in Other Exchanges
Address
4-4, Nihonbashi-Hisamatsucho, Chuo-ku, Tokyo, JPN, 103-8480
Pigeon Corp is a Japanese household and personal product company that manufactures and sells baby- and child-care and maternity products, women's care items, and home healthcare products, among others. The business is divided into a domestic baby and mother care business, child-rearing support services, a healthcare and nursing care business, and overseas Business, and a Chinese business. The overseas business includes Asia (South Korea, Singapore, and India, among others), the Middle East (United Arab Emirates, among others), North America (the U.S. and Canada), and others (South Africa, Germany, and South America).

Pigeon Headlines

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