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Br.Holdings (TSE:1726) Cyclically Adjusted PB Ratio : 1.91 (As of Sep. 22, 2024)


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What is Br.Holdings Cyclically Adjusted PB Ratio?

As of today (2024-09-22), Br.Holdings's current share price is 円360.00. Br.Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円188.07. Br.Holdings's Cyclically Adjusted PB Ratio for today is 1.91.

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

TSE:1726' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.83   Med: 4.73   Max: 9.64
Current: 1.91

During the past years, Br.Holdings's highest Cyclically Adjusted PB Ratio was 9.64. The lowest was 1.83. And the median was 4.73.

TSE:1726's Cyclically Adjusted PB Ratio is ranked worse than
70.94% of 1139 companies
in the Construction industry
Industry Median: 1.08 vs TSE:1726: 1.91

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.

Br.Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was 円323.247. 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188.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Br.Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Br.Holdings'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.

Br.Holdings Cyclically Adjusted PB Ratio Chart

Br.Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.35 6.08 2.55 2.27 2.01

Br.Holdings 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 2.27 2.39 2.12 1.96 2.01

Competitive Comparison of Br.Holdings's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Br.Holdings'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.


Br.Holdings's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Br.Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Br.Holdings 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.

Br.Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=360.00/188.07
=1.91

* 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.

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

For example, Br.Holdings'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)
=323.247/107.2000*107.2000
=323.247

Current CPI (Mar. 2024) = 107.2000.

Br.Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 49.469 98.000 54.113
201409 52.510 98.500 57.148
201412 56.860 97.900 62.261
201503 67.865 97.900 74.312
201506 62.559 98.400 68.154
201509 56.926 98.500 61.954
201512 66.855 98.100 73.057
201603 80.342 97.900 87.974
201606 77.038 98.100 84.184
201609 101.130 98.000 110.624
201612 108.287 98.400 117.971
201703 120.282 98.100 131.440
201706 124.044 98.500 135.000
201709 133.234 98.800 144.562
201712 136.626 99.400 147.347
201803 144.229 99.200 155.860
201806 144.390 99.200 156.034
201809 144.965 99.900 155.558
201812 150.114 99.700 161.406
201903 159.622 99.700 171.630
201906 155.364 99.800 166.884
201909 161.381 100.100 172.828
201912 164.375 100.500 175.333
202003 177.500 100.300 189.711
202006 180.291 99.900 193.465
202009 190.341 99.900 204.250
202012 200.366 99.300 216.306
202103 270.068 99.900 289.803
202106 276.491 99.500 297.888
202109 283.959 100.100 304.100
202112 284.515 100.100 304.695
202203 294.295 101.100 312.052
202206 292.280 101.800 307.784
202209 294.383 103.100 306.090
202212 294.605 104.100 303.378
202303 304.820 104.400 312.995
202306 299.713 105.200 305.411
202309 307.264 106.200 310.157
202312 314.733 106.800 315.912
202403 323.247 107.200 323.247

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.


Br.Holdings  (TSE:1726) 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.


Br.Holdings Cyclically Adjusted PB Ratio Related Terms

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


Br.Holdings Business Description

Industry
Traded in Other Exchanges
N/A
Address
2-6-31 Hikarimachi, Hiroshima, JPN, 732-0057
Br.Holdings Corp is a Japan based company engages in the management and administration of civil engineering and construction subsidiary. It constructs road and railway bridges; and maintains and repairs structures.

Br.Holdings Headlines

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