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Meiji Holdings Co (STU:3M0) Cyclically Adjusted PB Ratio : 1.43 (As of Jun. 02, 2025)


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What is Meiji Holdings Co Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Meiji Holdings Co's current share price is €19.40. Meiji Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €13.54. Meiji Holdings Co's Cyclically Adjusted PB Ratio for today is 1.43.

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

STU:3M0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.36   Med: 2.33   Max: 4.53
Current: 1.47

During the past years, Meiji Holdings Co's highest Cyclically Adjusted PB Ratio was 4.53. The lowest was 1.36. And the median was 2.33.

STU:3M0's Cyclically Adjusted PB Ratio is ranked worse than
54.2% of 1310 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs STU:3M0: 1.47

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.

Meiji Holdings Co's adjusted book value per share data for the three months ended in Mar. 2025 was €17.142. 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 €13.54 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Meiji Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Meiji Holdings 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.

Meiji Holdings Co Cyclically Adjusted PB Ratio Chart

Meiji Holdings Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.43 2.05 1.75 1.70 1.48

Meiji Holdings Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.70 - 1.72 1.48 1.48

Competitive Comparison of Meiji Holdings Co's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Meiji Holdings 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.


Meiji Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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


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Meiji Holdings 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.

Meiji Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.40/13.54
=1.43

* 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.

Meiji Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Meiji Holdings Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=17.142/111.1000*111.1000
=17.142

Current CPI (Mar. 2025) = 111.1000.

Meiji Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 9.529 98.400 10.759
201509 10.006 98.500 11.286
201512 10.644 98.100 12.055
201603 11.042 97.900 12.531
201606 11.793 98.100 13.356
201609 12.279 98.000 13.920
201612 12.066 98.400 13.623
201703 12.689 98.100 14.371
201706 12.349 98.500 13.929
201709 12.056 98.800 13.557
201712 12.386 99.400 13.844
201803 12.851 99.200 14.393
201806 13.268 99.200 14.860
201809 13.720 99.900 15.258
201812 14.278 99.700 15.911
201903 14.475 99.700 16.130
201906 14.925 99.800 16.615
201909 15.896 100.100 17.643
201912 15.842 100.500 17.513
202003 16.303 100.300 18.058
202006 16.068 99.900 17.869
202009 16.186 99.900 18.001
202012 16.236 99.300 18.165
202103 16.548 99.900 18.403
202106 16.310 99.500 18.211
202109 17.476 100.100 19.396
202112 17.773 100.100 19.726
202203 18.307 101.100 20.118
202206 17.213 101.800 18.786
202209 17.941 103.100 19.333
202212 17.760 104.100 18.954
202303 17.844 104.400 18.989
202306 17.113 105.200 18.073
202309 17.144 106.200 17.935
202312 17.145 106.800 17.835
202403 16.425 107.200 17.023
202406 0.000 108.200 0.000
202409 17.025 108.900 17.369
202412 17.027 110.700 17.089
202503 17.142 111.100 17.142

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.


Meiji Holdings Co  (STU:3M0) 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.


Meiji Holdings Co Cyclically Adjusted PB Ratio Related Terms

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


Meiji Holdings Co Business Description

Traded in Other Exchanges
Address
4-16, Kyobashi 2-chome, Chuo-ku, Tokyo, JPN, 104-0031
Meiji Holdings was established in April 2009 as a merged entity of Meiji Dairies, Japan's largest dairy company, and Meiji Seika, the country's number-two confectionery maker. The amalgamation was propelled by a surge in commodity prices, Japan's aging and shrinking population, and fierce competition. The food business, comprising dairy and confectionery operations, represents more than 80% of the group's sales and 70% of profits. The rest mainly comes from the pharmaceutical business, specializing in antibacterial and generic drugs, as well as vaccines. Overseas food operations, mainly in China, the US, and Southeast Asia, comprise merely 6.5% of the group sales are in red due to a surge in investment in China's new factories and fierce price competition initiated by Chinese dairy makers.

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