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KANPAI CO (ROCO:1269) Cyclically Adjusted PB Ratio : 2.04 (As of Jun. 11, 2024)


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What is KANPAI CO Cyclically Adjusted PB Ratio?

As of today (2024-06-11), KANPAI CO's current share price is NT$96.00. KANPAI CO's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was NT$47.00. KANPAI CO's Cyclically Adjusted PB Ratio for today is 2.04.

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

ROCO:1269' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.04   Med: 3   Max: 3.31
Current: 2.04

During the past 11 years, KANPAI CO's highest Cyclically Adjusted PB Ratio was 3.31. The lowest was 2.04. And the median was 3.00.

ROCO:1269's Cyclically Adjusted PB Ratio is ranked better than
50.22% of 231 companies
in the Restaurants industry
Industry Median: 2.12 vs ROCO:1269: 2.04

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.

KANPAI CO's adjusted book value per share data of for the fiscal year that ended in Dec23 was NT$46.928. 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 NT$47.00 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


KANPAI CO Cyclically Adjusted PB Ratio Historical Data

The historical data trend for KANPAI 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.

KANPAI CO Cyclically Adjusted PB Ratio Chart

KANPAI CO 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 - - - 2.44 2.79

KANPAI CO Semi-Annual Data
Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - - 2.44 - 2.79

Competitive Comparison of KANPAI CO's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, KANPAI 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.


KANPAI CO's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, KANPAI CO's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



KANPAI 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.

KANPAI CO's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=96.00/47
=2.04

* 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.

KANPAI CO's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, KANPAI CO's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=46.928/129.4194*129.4194
=46.928

Current CPI (Dec23) = 129.4194.

KANPAI CO Annual Data

Book Value per Share CPI Adj_Book
201412 24.638 99.070 32.186
201512 30.985 99.792 40.184
201612 31.996 101.863 40.652
201712 37.580 104.011 46.760
201812 44.122 105.998 53.871
201912 45.470 108.420 54.277
202012 48.667 109.897 57.312
202112 48.673 117.630 53.551
202212 42.871 125.222 44.308
202312 46.928 129.419 46.928

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.


KANPAI CO  (ROCO:1269) 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.


KANPAI CO Cyclically Adjusted PB Ratio Related Terms

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


KANPAI CO (ROCO:1269) Business Description

Traded in Other Exchanges
N/A
Address
No. 88, Section 2, Zhongxiao East Road,, Room 1102, 11th Floor, Zhongzheng District, Taipei, TWN
KANPAI CO LTD is engaged in operating chain of restaurants. It operates brands serving yakiniku, ramen, shabu shabu, teppanyaki, yakitori, udon, and hamburger. The company serves to individuals, guests, chefs, manufacturers or employees. It also provides rare meats and catering services.

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