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YASKAWA Electric (STU:YEC) Cyclically Adjusted PB Ratio : 6.44 (As of Apr. 30, 2024)


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What is YASKAWA Electric Cyclically Adjusted PB Ratio?

As of today (2024-04-30), YASKAWA Electric's current share price is €37.95. YASKAWA Electric's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was €5.89. YASKAWA Electric's Cyclically Adjusted PB Ratio for today is 6.44.

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

STU:YEC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.92   Med: 6.29   Max: 8.89
Current: 6.54

During the past years, YASKAWA Electric's highest Cyclically Adjusted PB Ratio was 8.89. The lowest was 3.92. And the median was 6.29.

STU:YEC's Cyclically Adjusted PB Ratio is ranked worse than
90.7% of 2000 companies
in the Industrial Products industry
Industry Median: 1.765 vs STU:YEC: 6.54

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.

YASKAWA Electric's adjusted book value per share data for the three months ended in Feb. 2024 was €9.466. 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 €5.89 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


YASKAWA Electric Cyclically Adjusted PB Ratio Historical Data

The historical data trend for YASKAWA Electric'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.

YASKAWA Electric Cyclically Adjusted PB Ratio Chart

YASKAWA Electric Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.38 7.84 6.09 6.25 6.29

YASKAWA Electric 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 6.25 6.64 6.24 5.98 6.29

Competitive Comparison of YASKAWA Electric's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, YASKAWA Electric'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.


YASKAWA Electric's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, YASKAWA Electric's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



YASKAWA Electric 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.

YASKAWA Electric's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=37.95/5.89
=6.44

* 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.

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

For example, YASKAWA Electric'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)
=9.466/106.9000*106.9000
=9.466

Current CPI (Feb. 2024) = 106.9000.

YASKAWA Electric Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.764 95.700 4.205
201406 3.940 98.000 4.298
201409 4.297 98.500 4.663
201412 4.371 97.900 4.773
201503 5.054 97.900 5.519
201506 4.852 98.400 5.271
201509 5.077 98.500 5.510
201512 5.317 98.100 5.794
201603 5.413 97.900 5.911
201606 5.717 98.100 6.230
201609 5.880 98.000 6.414
201612 5.840 98.400 6.344
201703 6.173 98.100 6.727
201706 6.208 98.500 6.737
201709 6.270 98.800 6.784
201712 6.378 99.400 6.859
201805 6.782 99.300 7.301
201808 7.082 99.800 7.586
201811 7.202 100.000 7.699
201902 7.377 99.700 7.910
201905 7.124 100.000 7.616
201908 7.373 100.000 7.882
201911 7.247 100.500 7.709
202002 7.281 100.300 7.760
202005 7.238 100.100 7.730
202008 7.004 100.100 7.480
202011 7.270 99.500 7.811
202102 7.394 99.800 7.920
202105 7.521 99.400 8.088
202108 7.998 99.700 8.576
202111 8.288 100.100 8.851
202202 8.514 100.700 9.038
202205 8.549 101.800 8.977
202208 9.127 102.700 9.500
202211 8.645 103.900 8.895
202302 9.330 104.000 9.590
202305 9.125 105.100 9.281
202308 9.074 105.900 9.160
202311 8.964 106.900 8.964
202402 9.466 106.900 9.466

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.


YASKAWA Electric  (STU:YEC) 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.


YASKAWA Electric Cyclically Adjusted PB Ratio Related Terms

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


YASKAWA Electric (STU:YEC) Business Description

Traded in Other Exchanges
Address
2-1, Kurosaki-shiroishi, Yahatanishi-ku, Kitakyushu, JPN, 806-0004
Yaskawa Electric manufactures motion control components (servo motors and inverters), industrial robots, and other motor-based products. It operates mainly in Asia, the Americas, and Europe as one of the leading players in the AC servo motor/controller, AC drives (inverter), and robotics markets. According to the company, it has the leading global share with AC Servo motors/controllers, where the company's cumulative AC servo motor shipments reached 20 million units in 2020, and it is also considered as one of the "big four" industrial robotics companies. The company was founded in 1915, and its head office is in Kitakyushu, Fukuoka Prefecture, Japan.

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