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SONY (Sony Group) Cyclically Adjusted PB Ratio : 3.67 (As of Jan. 18, 2025)


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What is Sony Group Cyclically Adjusted PB Ratio?

As of today (2025-01-18), Sony Group's current share price is $20.64. Sony Group's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $5.63. Sony Group's Cyclically Adjusted PB Ratio for today is 3.67.

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

SONY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.84   Med: 2.78   Max: 5.23
Current: 3.97

During the past years, Sony Group's highest Cyclically Adjusted PB Ratio was 5.23. The lowest was 0.84. And the median was 2.78.

SONY's Cyclically Adjusted PB Ratio is ranked worse than
77.76% of 1686 companies
in the Hardware industry
Industry Median: 1.84 vs SONY: 3.97

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.

Sony Group's adjusted book value per share data for the three months ended in Sep. 2024 was $8.936. 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 $5.63 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sony Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sony Group'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.

Sony Group Cyclically Adjusted PB Ratio Chart

Sony Group 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 2.62 4.49 4.36 3.58 3.43

Sony Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3.43 3.65 3.43 3.48 3.43

Competitive Comparison of Sony Group's Cyclically Adjusted PB Ratio

For the Consumer Electronics subindustry, Sony Group'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.


Sony Group's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sony Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sony Group 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.

Sony Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.64/5.63
=3.67

* 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.

Sony Group's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=8.936/108.9000*108.9000
=8.936

Current CPI (Sep. 2024) = 108.9000.

Sony Group Quarterly Data

Book Value per Share CPI Adj_Book
201412 3.559 97.900 3.959
201503 3.293 97.900 3.663
201506 3.297 98.400 3.649
201509 3.490 98.500 3.858
201512 3.623 98.100 4.022
201603 3.458 97.900 3.847
201606 3.621 98.100 4.020
201609 3.595 98.000 3.995
201612 3.350 98.400 3.707
201703 3.503 98.100 3.889
201706 3.700 98.500 4.091
201709 3.894 98.800 4.292
201712 4.257 99.400 4.664
201803 4.422 99.200 4.854
201806 4.620 99.200 5.072
201809 4.731 99.900 5.157
201812 5.309 99.700 5.799
201903 5.390 99.700 5.887
201906 5.712 99.800 6.233
201909 5.900 100.100 6.419
201912 6.325 100.500 6.854
202003 7.421 100.300 8.057
202006 6.592 99.900 7.186
202009 7.724 99.900 8.420
202012 8.401 99.300 9.213
202103 9.919 99.900 10.813
202106 10.119 99.500 11.075
202109 10.355 100.100 11.265
202112 10.470 100.100 11.390
202203 7.709 101.100 8.304
202206 8.353 101.800 8.936
202209 7.767 103.100 8.204
202212 7.944 104.100 8.310
202303 7.998 104.400 8.343
202306 8.029 105.200 8.311
202309 7.817 106.200 8.016
202312 8.250 106.800 8.412
202403 8.292 107.200 8.423
202406 8.175 108.200 8.228
202409 8.936 108.900 8.936

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.


Sony Group  (NYSE:SONY) 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.


Sony Group Cyclically Adjusted PB Ratio Related Terms

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


Sony Group Business Description

Industry
Address
7-1, Konan 1-Chome, Minato-ku, Tokyo, JPN, 108-0075
Sony Group is a conglomerate with consumer electronics roots, which not only designs, develops, produces, and sells electronic equipment and devices, but also is engaged in content businesses, such as console and mobile games, music, and movies. Sony is a global top company of CMOS image sensors, game consoles, professional broadcasting cameras, and music publishing, and is one of the top players on digital cameras, wireless earphones, recorded music, movies, and so on. Sony's business portfolio is well diversified with six major business segments.