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Takashimaya Co (STU:TKM) Cyclically Adjusted PB Ratio : 0.88 (As of May. 21, 2024)


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What is Takashimaya Co Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Takashimaya Co's current share price is €14.00. Takashimaya Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was €15.91. Takashimaya Co's Cyclically Adjusted PB Ratio for today is 0.88.

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

STU:TKM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.59   Max: 1.15
Current: 0.92

During the past years, Takashimaya Co's highest Cyclically Adjusted PB Ratio was 1.15. The lowest was 0.31. And the median was 0.59.

STU:TKM's Cyclically Adjusted PB Ratio is ranked better than
59.53% of 729 companies
in the Retail - Cyclical industry
Industry Median: 1.18 vs STU:TKM: 0.92

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.

Takashimaya Co's adjusted book value per share data for the three months ended in Feb. 2024 was €17.837. 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 €15.91 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Takashimaya Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Takashimaya 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.

Takashimaya Co Cyclically Adjusted PB Ratio Chart

Takashimaya Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.47 0.48 0.76 0.87

Takashimaya Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.76 0.74 0.86 0.77 0.87

Competitive Comparison of Takashimaya Co's Cyclically Adjusted PB Ratio

For the Department Stores subindustry, Takashimaya 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.


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

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

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



Takashimaya 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.00/15.91
=0.88

* 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.

Takashimaya Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Takashimaya Co's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=17.837/106.9000*106.9000
=17.837

Current CPI (Feb. 2024) = 106.9000.

Takashimaya Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 14.887 98.100 16.222
201408 15.474 98.300 16.828
201411 14.805 97.900 16.166
201502 16.784 97.600 18.383
201505 16.997 98.700 18.409
201508 16.714 98.400 18.158
201511 17.444 98.100 19.009
201602 17.966 97.800 19.638
201605 18.547 98.200 20.190
201608 19.876 97.900 21.703
201611 19.515 98.600 21.158
201702 19.618 98.100 21.378
201705 19.124 98.600 20.734
201708 18.563 98.500 20.146
201711 18.564 99.100 20.025
201802 18.855 99.500 20.257
201805 19.369 99.300 20.851
201808 19.681 99.800 21.081
201811 19.710 100.000 21.070
201902 20.266 99.700 21.730
201905 20.859 100.000 22.298
201908 21.977 100.000 23.493
201911 21.816 100.500 23.205
202002 21.728 100.300 23.158
202005 20.994 100.100 22.420
202008 19.430 100.100 20.750
202011 19.595 99.500 21.052
202102 18.560 99.800 19.880
202105 17.812 99.400 19.156
202108 18.136 99.700 19.446
202111 17.897 100.100 19.113
202202 18.269 100.700 19.394
202205 17.818 101.800 18.711
202208 18.345 102.700 19.095
202211 17.980 103.900 18.499
202302 18.396 104.000 18.909
202305 17.925 105.100 18.232
202308 17.410 105.900 17.574
202311 17.270 106.900 17.270
202402 17.837 106.900 17.837

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.


Takashimaya Co  (STU:TKM) 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.


Takashimaya Co Cyclically Adjusted PB Ratio Related Terms

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


Takashimaya Co (STU:TKM) Business Description

Traded in Other Exchanges
Address
No. 1 No. 5, Osaka Namba 5-chome, Chuo-ku, Osaka, JPN, 542-8510
Takashimaya Co Ltd is a Japanese company that operates department stores in Japan and overseas in Singapore and China. The company is involved in shopping-center development, consumer finance, and other businesses. The chain offers a wide variety of products: clothing, cosmetics, household goods, food products, restaurants, and services. The second core business is shopping-center development and management through Toshin development. Other group businesses include design and interior decoration, credit cards, dining and restaurants, advertising and publicity, personnel services and solutions, and insurance.

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