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Sumitomo Densetsu Co (TSE:1949) Cyclically Adjusted PB Ratio : 2.88 (As of Jun. 02, 2025)


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What is Sumitomo Densetsu Co Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Sumitomo Densetsu Co's current share price is 円6610.00. Sumitomo Densetsu Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円2,297.36. Sumitomo Densetsu Co's Cyclically Adjusted PB Ratio for today is 2.88.

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

TSE:1949' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.2   Med: 1.52   Max: 2.81
Current: 2.81

During the past years, Sumitomo Densetsu Co's highest Cyclically Adjusted PB Ratio was 2.81. The lowest was 1.20. And the median was 1.52.

TSE:1949's Cyclically Adjusted PB Ratio is ranked worse than
79.51% of 1264 companies
in the Construction industry
Industry Median: 1.095 vs TSE:1949: 2.81

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.

Sumitomo Densetsu Co's adjusted book value per share data for the three months ended in Dec. 2024 was 円3,070.332. 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2,297.36 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sumitomo Densetsu Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sumitomo Densetsu 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.

Sumitomo Densetsu Co Cyclically Adjusted PB Ratio Chart

Sumitomo Densetsu Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 1.29 1.32 1.59 -

Sumitomo Densetsu Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.59 - 1.98 2.16 -

Competitive Comparison of Sumitomo Densetsu Co's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Sumitomo Densetsu 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.


Sumitomo Densetsu Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sumitomo Densetsu Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Sumitomo Densetsu 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6610.00/2297.36
=2.88

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=3070.332/110.7000*110.7000
=3,070.332

Current CPI (Dec. 2024) = 110.7000.

Sumitomo Densetsu Co Quarterly Data

Book Value per Share CPI Adj_Book
201503 1,431.980 97.900 1,619.205
201506 1,461.458 98.400 1,644.140
201509 1,450.836 98.500 1,630.533
201512 1,494.338 98.100 1,686.271
201603 1,459.785 97.900 1,650.646
201606 1,435.533 98.100 1,619.913
201609 1,472.179 98.000 1,662.961
201612 1,533.273 98.400 1,724.932
201703 1,596.071 98.100 1,801.071
201706 1,656.044 98.500 1,861.158
201709 1,729.337 98.800 1,937.628
201712 1,809.291 99.400 2,014.975
201803 1,843.006 99.200 2,056.661
201806 1,862.314 99.200 2,078.207
201809 1,934.516 99.900 2,143.653
201812 1,913.549 99.700 2,124.673
201903 1,926.194 99.700 2,138.713
201906 1,931.197 99.800 2,142.119
201909 2,013.940 100.100 2,227.204
201912 2,050.871 100.500 2,259.019
202003 2,047.865 100.300 2,260.206
202006 2,092.920 99.900 2,319.182
202009 2,160.853 99.900 2,394.459
202012 2,206.583 99.300 2,459.907
202103 2,331.619 99.900 2,583.686
202106 2,341.035 99.500 2,604.548
202109 2,430.475 100.100 2,687.848
202112 2,403.158 100.100 2,657.638
202203 2,526.994 101.100 2,766.946
202206 2,507.501 101.800 2,726.723
202209 2,553.663 103.100 2,741.906
202212 2,540.074 104.100 2,701.116
202303 2,681.099 104.400 2,842.889
202306 2,694.459 105.200 2,835.329
202309 2,766.763 106.200 2,883.999
202312 2,768.332 106.800 2,869.423
202403 2,988.254 107.200 3,085.818
202406 0.000 108.200 0.000
202409 3,031.270 108.900 3,081.374
202412 3,070.332 110.700 3,070.332

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.


Sumitomo Densetsu Co  (TSE:1949) 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.


Sumitomo Densetsu Co Cyclically Adjusted PB Ratio Related Terms

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Sumitomo Densetsu Co Business Description

Traded in Other Exchanges
N/A
Address
Awaza 2-1-4, Nishi-ku, Osaka, JPN, 550-8550
Sumitomo Densetsu Co Ltd operates as a construction company. It undertakes various electricity and conditioning works, comprising of planning, designing, and engineering electrical facilities and renewal and maintenance of buildings. The company is engaged in the engineering businesses and provision of information networks for different kinds of companies, universities, and colleges. In addition, it also offers communication services, environment-friendly plans for the use of the clean energy, installation of overhead and underground power transmission, transformation, and other means for transfer of electricity. Further, it provides overseas facilities like electrical, air-conditioning, sanitary, information communication, and plant facilities.

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