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Daiseki Eco Solution Co (TSE:1712) Cyclically Adjusted PB Ratio : 1.29 (As of Jun. 19, 2024)


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What is Daiseki Eco Solution Co Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Daiseki Eco Solution Co's current share price is 円973.00. Daiseki Eco Solution Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円755.78. Daiseki Eco Solution Co's Cyclically Adjusted PB Ratio for today is 1.29.

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

TSE:1712' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.14   Med: 1.42   Max: 3.36
Current: 1.3

During the past years, Daiseki Eco Solution Co's highest Cyclically Adjusted PB Ratio was 3.36. The lowest was 1.14. And the median was 1.42.

TSE:1712's Cyclically Adjusted PB Ratio is ranked better than
56.83% of 139 companies
in the Waste Management industry
Industry Median: 1.53 vs TSE:1712: 1.30

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.

Daiseki Eco Solution Co's adjusted book value per share data for the three months ended in Feb. 2024 was 円976.696. 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 円755.78 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daiseki Eco Solution Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Daiseki Eco Solution 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.

Daiseki Eco Solution Co Cyclically Adjusted PB Ratio Chart

Daiseki Eco Solution 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 1.64 1.45 1.99 1.31 1.33

Daiseki Eco Solution 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 1.31 1.39 1.83 1.38 1.33

Competitive Comparison of Daiseki Eco Solution Co's Cyclically Adjusted PB Ratio

For the Waste Management subindustry, Daiseki Eco Solution 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.


Daiseki Eco Solution Co's Cyclically Adjusted PB Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Daiseki Eco Solution Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Daiseki Eco Solution 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.

Daiseki Eco Solution Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=973.00/755.78
=1.29

* 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.

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

For example, Daiseki Eco Solution 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)
=976.696/106.9000*106.9000
=976.696

Current CPI (Feb. 2024) = 106.9000.

Daiseki Eco Solution Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 459.004 98.100 500.179
201408 470.297 98.300 511.442
201411 477.517 97.900 521.415
201502 487.302 97.600 533.735
201505 510.863 98.700 553.306
201508 541.845 98.400 588.651
201511 561.083 98.100 611.415
201602 569.882 97.800 622.908
201605 589.544 98.200 641.774
201608 602.065 97.900 657.413
201611 613.118 98.600 664.729
201702 625.085 98.100 681.158
201705 638.072 98.600 691.784
201708 647.895 98.500 703.147
201711 649.760 99.100 700.902
201802 679.663 99.500 730.211
201805 686.360 99.300 738.891
201808 695.006 99.800 744.450
201811 696.212 100.000 744.251
201902 703.339 99.700 754.132
201905 713.794 100.000 763.046
201908 725.471 100.000 775.528
201911 738.694 100.500 785.735
202002 738.324 100.300 786.908
202005 748.326 100.100 799.161
202008 752.612 100.100 803.738
202011 763.745 99.500 820.546
202102 776.991 99.800 832.268
202105 792.468 99.400 852.262
202108 826.046 99.700 885.700
202111 846.107 100.100 903.585
202202 854.044 100.700 906.627
202205 859.818 101.800 902.893
202208 862.914 102.700 898.204
202211 871.426 103.900 896.587
202302 886.070 104.000 910.778
202305 907.397 105.100 922.938
202308 940.303 105.900 949.182
202311 962.933 106.900 962.933
202402 976.696 106.900 976.696

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.


Daiseki Eco Solution Co  (TSE:1712) 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.


Daiseki Eco Solution Co Cyclically Adjusted PB Ratio Related Terms

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


Daiseki Eco Solution Co (TSE:1712) Business Description

Traded in Other Exchanges
N/A
Address
Funami-cho 1-86, Minato-ku, Nagoya-shi, JPN, 455-0027
Daiseki Eco Solution Co Ltd is engaged in soil contamination surveys, contaminated soil remediation, industrial waste collection and processing, environmental analysis, recycling of mercury, environmental consulting, and recycling of plasterboard in Japan.

Daiseki Eco Solution Co (TSE:1712) Headlines

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