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Jourdeness Group (TPE:4190) Cyclically Adjusted PB Ratio : 1.45 (As of Jun. 22, 2024)


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What is Jourdeness Group Cyclically Adjusted PB Ratio?

As of today (2024-06-22), Jourdeness Group's current share price is NT$50.00. Jourdeness Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$34.59. Jourdeness Group's Cyclically Adjusted PB Ratio for today is 1.45.

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

TPE:4190' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.34   Med: 1.54   Max: 1.69
Current: 1.41

During the past years, Jourdeness Group's highest Cyclically Adjusted PB Ratio was 1.69. The lowest was 1.34. And the median was 1.54.

TPE:4190's Cyclically Adjusted PB Ratio is ranked worse than
51.06% of 1373 companies
in the Consumer Packaged Goods industry
Industry Median: 1.36 vs TPE:4190: 1.41

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.

Jourdeness Group's adjusted book value per share data for the three months ended in Mar. 2024 was NT$31.897. 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 NT$34.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jourdeness Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Jourdeness Group'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.

Jourdeness Group Cyclically Adjusted PB Ratio Chart

Jourdeness Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.70

Jourdeness Group 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 - - - 1.70 1.54

Competitive Comparison of Jourdeness Group's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, Jourdeness Group'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.


Jourdeness Group's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Jourdeness Group 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.

Jourdeness Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=50.00/34.59
=1.45

* 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.

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

For example, Jourdeness Group'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)
=31.897/131.7762*131.7762
=31.897

Current CPI (Mar. 2024) = 131.7762.

Jourdeness Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 15.361 99.070 20.432
201503 0.000 99.621 0.000
201506 16.928 100.684 22.156
201509 19.213 100.392 25.219
201512 26.288 99.792 34.713
201603 27.215 100.470 35.695
201606 22.904 101.688 29.681
201609 22.633 101.861 29.280
201612 24.057 101.863 31.122
201703 24.257 102.862 31.076
201706 21.947 103.349 27.984
201709 23.169 104.136 29.319
201712 23.942 104.011 30.333
201803 26.229 105.290 32.827
201806 26.058 106.317 32.298
201809 27.458 106.507 33.973
201812 30.542 105.998 37.970
201903 32.361 107.251 39.761
201906 30.131 108.070 36.741
201909 30.682 108.329 37.323
201912 33.182 108.420 40.330
202003 32.686 108.902 39.552
202006 29.254 108.767 35.442
202009 31.205 109.815 37.446
202012 34.022 109.897 40.795
202103 35.072 111.754 41.355
202106 34.448 114.631 39.600
202109 35.099 115.734 39.964
202112 37.502 117.630 42.012
202203 35.520 121.301 38.587
202206 35.747 125.017 37.680
202209 35.798 125.227 37.670
202212 35.492 125.222 37.350
202303 34.847 127.348 36.059
202306 35.059 128.729 35.889
202309 35.097 129.860 35.615
202312 34.017 129.419 34.636
202403 31.897 131.776 31.897

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.


Jourdeness Group  (TPE:4190) 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.


Jourdeness Group Cyclically Adjusted PB Ratio Related Terms

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


Jourdeness Group (TPE:4190) Business Description

Traded in Other Exchanges
N/A
Address
No. 816, Sector. 1, Zhongqing Road, North District, Taichung, TWN, 404
Jourdeness Group Ltd is engaged in the beauty and body spa business (except medical cosmetology), manufacturing and sale of cosmetics, business management, and consulting services. Its business units include Jourdeness International, Jourdeness (Guangzhou) Cosmetics, Jourdeness Enterprise Management and MY. It earns a vast majority of revenues from the rendering of beauty and body spa course services, and the sale of goods. Geographically, it has a presence in China, Taiwan, and Others.

Jourdeness Group (TPE:4190) Headlines

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