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Okinawa Cellular Telephone Co (STU:OCU) Cyclically Adjusted PB Ratio : 2.14 (As of Jun. 03, 2024)


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What is Okinawa Cellular Telephone Co Cyclically Adjusted PB Ratio?

As of today (2024-06-03), Okinawa Cellular Telephone Co's current share price is €20.40. Okinawa Cellular Telephone Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €9.53. Okinawa Cellular Telephone Co's Cyclically Adjusted PB Ratio for today is 2.14.

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

STU:OCU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.43   Med: 1.99   Max: 2.37
Current: 2.25

During the past years, Okinawa Cellular Telephone Co's highest Cyclically Adjusted PB Ratio was 2.37. The lowest was 1.43. And the median was 1.99.

STU:OCU's Cyclically Adjusted PB Ratio is ranked worse than
66.32% of 288 companies
in the Telecommunication Services industry
Industry Median: 1.47 vs STU:OCU: 2.25

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.

Okinawa Cellular Telephone Co's adjusted book value per share data for the three months ended in Mar. 2024 was €12.092. 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 €9.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Okinawa Cellular Telephone Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Okinawa Cellular Telephone 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.

Okinawa Cellular Telephone Co Cyclically Adjusted PB Ratio Chart

Okinawa Cellular Telephone Co 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 1.56 2.07 1.85 2.07 2.24

Okinawa Cellular Telephone Co 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 2.07 2.01 2.11 2.17 2.24

Competitive Comparison of Okinawa Cellular Telephone Co's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Okinawa Cellular Telephone 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.


Okinawa Cellular Telephone Co's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Okinawa Cellular Telephone Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Okinawa Cellular Telephone Co's Cyclically Adjusted PB Ratio falls into.



Okinawa Cellular Telephone 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.

Okinawa Cellular Telephone Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.40/9.53
=2.14

* 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.

Okinawa Cellular Telephone Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Okinawa Cellular Telephone Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=12.092/107.2000*107.2000
=12.092

Current CPI (Mar. 2024) = 107.2000.

Okinawa Cellular Telephone Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.271 98.000 7.954
201409 7.574 98.500 8.243
201412 7.216 97.900 7.901
201503 8.248 97.900 9.032
201506 7.841 98.400 8.542
201509 8.370 98.500 9.109
201512 8.636 98.100 9.437
201603 9.246 97.900 10.124
201606 9.989 98.100 10.916
201609 10.749 98.000 11.758
201612 10.138 98.400 11.045
201703 10.440 98.100 11.408
201706 10.207 98.500 11.109
201709 9.960 98.800 10.807
201712 9.955 99.400 10.736
201803 10.431 99.200 11.272
201806 10.719 99.200 11.583
201809 10.888 99.900 11.684
201812 11.218 99.700 12.062
201903 11.714 99.700 12.595
201906 12.141 99.800 13.041
201909 12.932 100.100 13.849
201912 12.769 100.500 13.620
202003 13.312 100.300 14.228
202006 13.135 99.900 14.095
202009 13.196 99.900 14.160
202012 13.175 99.300 14.223
202103 13.090 99.900 14.047
202106 13.015 99.500 14.022
202109 13.801 100.100 14.780
202112 14.020 100.100 15.014
202203 13.757 101.100 14.587
202206 12.763 101.800 13.440
202209 13.077 103.100 13.597
202212 13.024 104.100 13.412
202303 13.220 104.400 13.575
202306 12.146 105.200 12.377
202309 12.175 106.200 12.290
202312 12.245 106.800 12.291
202403 12.092 107.200 12.092

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.


Okinawa Cellular Telephone Co  (STU:OCU) 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.


Okinawa Cellular Telephone Co Cyclically Adjusted PB Ratio Related Terms

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


Okinawa Cellular Telephone Co (STU:OCU) Business Description

Traded in Other Exchanges
Address
1-2-1 Matsuyama, Okinawa, Naha City, JPN, 900-8540
Okinawa Cellular Telephone Co is a telecommunications company. It is engaged in telecommunications business that provides mobile services, domestic and international communication services, Internet services, etc.

Okinawa Cellular Telephone Co (STU:OCU) Headlines

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