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Universal Entertainment (STU:RUZ) Cyclically Adjusted PB Ratio : 0.38 (As of Jun. 21, 2024)


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What is Universal Entertainment Cyclically Adjusted PB Ratio?

As of today (2024-06-21), Universal Entertainment's current share price is €9.55. Universal Entertainment's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €25.03. Universal Entertainment's Cyclically Adjusted PB Ratio for today is 0.38.

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

STU:RUZ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.72   Max: 2.32
Current: 0.37

During the past years, Universal Entertainment's highest Cyclically Adjusted PB Ratio was 2.32. The lowest was 0.35. And the median was 0.72.

STU:RUZ's Cyclically Adjusted PB Ratio is ranked better than
81.19% of 622 companies
in the Travel & Leisure industry
Industry Median: 1.335 vs STU:RUZ: 0.37

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.

Universal Entertainment's adjusted book value per share data for the three months ended in Mar. 2024 was €31.629. 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 €25.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Universal Entertainment Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Universal Entertainment'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.

Universal Entertainment Cyclically Adjusted PB Ratio Chart

Universal Entertainment Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.27 0.74 0.69 0.61 0.54

Universal Entertainment 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 0.62 0.60 0.53 0.54 0.46

Competitive Comparison of Universal Entertainment's Cyclically Adjusted PB Ratio

For the Leisure subindustry, Universal Entertainment'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.


Universal Entertainment's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Universal Entertainment's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Universal Entertainment 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.

Universal Entertainment's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.55/25.03
=0.38

* 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.

Universal Entertainment's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Universal Entertainment'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)
=31.629/107.2000*107.2000
=31.629

Current CPI (Mar. 2024) = 107.2000.

Universal Entertainment Quarterly Data

Book Value per Share CPI Adj_Book
201406 18.544 98.000 20.285
201409 18.715 98.500 20.368
201412 18.106 97.900 19.826
201503 22.872 97.900 25.045
201506 20.771 98.400 22.629
201509 22.504 98.500 24.492
201512 22.184 98.100 24.242
201603 24.729 97.900 27.078
201606 25.852 98.100 28.250
201609 25.279 98.000 27.652
201612 22.381 98.400 24.383
201703 27.232 98.100 29.758
201706 23.692 98.500 25.785
201709 22.256 98.800 24.148
201712 0.000 99.400 0.000
201803 37.532 99.200 40.559
201806 38.127 99.200 41.202
201809 36.987 99.900 39.690
201812 37.190 99.700 39.988
201903 37.375 99.700 40.187
201906 38.283 99.800 41.122
201909 39.260 100.100 42.045
201912 39.241 100.500 41.857
202003 40.187 100.300 42.952
202006 40.094 99.900 43.024
202009 38.456 99.900 41.266
202012 36.547 99.300 39.455
202103 35.990 99.900 38.620
202106 33.971 99.500 36.600
202109 33.526 100.100 35.904
202112 34.006 100.100 36.418
202203 34.840 101.100 36.942
202206 32.284 101.800 33.997
202209 30.885 103.100 32.113
202212 31.544 104.100 32.483
202303 32.468 104.400 33.339
202306 32.770 105.200 33.393
202309 31.653 106.200 31.951
202312 31.921 106.800 32.041
202403 31.629 107.200 31.629

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.


Universal Entertainment  (STU:RUZ) 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.


Universal Entertainment Cyclically Adjusted PB Ratio Related Terms

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


Universal Entertainment (STU:RUZ) Business Description

Traded in Other Exchanges
Address
Ariake Frontier Building A, 3-7-26 Ariake Koto-ku, Tokyo, JPN, 135-0063
Universal Entertainment Corp is a Japanese manufacturer of gaming machines. The company's primary business, which constitutes the majority of consolidated revenue, is to manufacture and sell Pachislot and Pachinko gaming machines, and related parts and peripherals. Universal Entertainment also operates the Okada Manila casino resort in Manila Bay, Philippines. In addition to gaming operations, the company has businesses in media content, broadcasting, online games, and restaurants. The company derives the vast majority of income domestically.

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