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Zozo (SATLF) Cyclically Adjusted PB Ratio : 23.19 (As of Apr. 30, 2024)


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What is Zozo Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Zozo's current share price is $21.10. Zozo's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.91. Zozo's Cyclically Adjusted PB Ratio for today is 23.19.

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

SATLF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 20.2   Med: 35.6   Max: 85.69
Current: 26.52

During the past years, Zozo's highest Cyclically Adjusted PB Ratio was 85.69. The lowest was 20.20. And the median was 35.60.

SATLF's Cyclically Adjusted PB Ratio is ranked worse than
98.47% of 719 companies
in the Retail - Cyclical industry
Industry Median: 1.16 vs SATLF: 26.52

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.

Zozo's adjusted book value per share data for the three months ended in Dec. 2023 was $1.799. 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 $0.91 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zozo Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Zozo'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.

Zozo Cyclically Adjusted PB Ratio Chart

Zozo 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 22.41 42.52 37.14 27.51 -

Zozo 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 27.51 25.70 22.40 24.77 -

Competitive Comparison of Zozo's Cyclically Adjusted PB Ratio

For the Internet Retail subindustry, Zozo'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.


Zozo's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Zozo's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Zozo 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.10/0.91
=23.19

* 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.

Zozo's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Zozo's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.799/106.8000*106.8000
=1.799

Current CPI (Dec. 2023) = 106.8000.

Zozo Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.571 95.700 0.637
201406 0.580 98.000 0.632
201409 0.610 98.500 0.661
201412 0.614 97.900 0.670
201503 0.663 97.900 0.723
201506 0.732 98.400 0.794
201509 0.809 98.500 0.877
201512 0.350 98.100 0.381
201603 0.497 97.900 0.542
201606 0.550 98.100 0.599
201609 0.710 98.000 0.774
201612 0.736 98.400 0.799
201703 0.836 98.100 0.910
201706 0.869 98.500 0.942
201709 0.988 98.800 1.068
201712 1.054 99.400 1.132
201803 1.235 99.200 1.330
201806 0.444 99.200 0.478
201809 0.504 99.900 0.539
201812 0.590 99.700 0.632
201903 0.668 99.700 0.716
201906 0.755 99.800 0.808
201909 0.834 100.100 0.890
201912 0.841 100.500 0.894
202003 1.051 100.300 1.119
202006 1.108 99.900 1.185
202009 1.340 99.900 1.433
202012 1.527 99.300 1.642
202103 1.670 99.900 1.785
202106 0.744 99.500 0.799
202109 1.325 100.100 1.414
202112 1.395 100.100 1.488
202203 1.546 101.100 1.633
202206 1.351 101.800 1.417
202209 1.480 103.100 1.533
202212 1.690 104.100 1.734
202303 1.911 104.400 1.955
202306 1.785 105.200 1.812
202309 1.920 106.200 1.931
202312 1.799 106.800 1.799

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.


Zozo  (OTCPK:SATLF) 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.


Zozo Cyclically Adjusted PB Ratio Related Terms

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


Zozo (SATLF) Business Description

Traded in Other Exchanges
Address
WBG Maribu West 15th-16th Floor, Nakase 2-6-1, Mihama-ku, Chiba-shi, Chiba, JPN, 261-7116
Zozo was established in 1998 by Yusaku Maezawa (founder and former CEO), and its main business is Zozotown, the largest fashion e-commerce platform in Japan. Zozotown's business consists mainly of consignment sales, where each brand's products are stocked in Zozotown's logistics bases, and brands open their shops on Zozotown as tenants. As of 2022, Zozotown sold clothing from over 8,500 brands and boasted about 9.3 million annual active users. In 2019, Zozo was acquired by Z Holdings. Since then, Zozo also sells through the Yahoo-owned general e-commerce site PayPay Mall.

Zozo (SATLF) Headlines

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