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Feed One Co (TSE:2060) Cyclically Adjusted PB Ratio : 0.93 (As of Jun. 18, 2024)


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What is Feed One Co Cyclically Adjusted PB Ratio?

As of today (2024-06-18), Feed One Co's current share price is 円941.00. Feed One Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was 円1,015.31. Feed One Co's Cyclically Adjusted PB Ratio for today is 0.93.

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

TSE:2060' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.96
Current: 0.91

During the past 10 years, Feed One Co's highest Cyclically Adjusted PB Ratio was 0.96. The lowest was 0.00. And the median was 0.00.

TSE:2060's Cyclically Adjusted PB Ratio is ranked better than
66.76% of 1372 companies
in the Consumer Packaged Goods industry
Industry Median: 1.36 vs TSE:2060: 0.91

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.

Feed One Co's adjusted book value per share data of for the fiscal year that ended in Mar24 was 円1,313.992. 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1,015.31 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Feed One Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Feed One 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.

Feed One Co Cyclically Adjusted PB Ratio Chart

Feed One Co 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 - - - - 0.96

Feed One Co 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 - - - - 0.96

Competitive Comparison of Feed One Co's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Feed One 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.


Feed One Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Feed One 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.

Feed One Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=941.00/1015.31
=0.93

* 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.

Feed One Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Feed One Co's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=1313.992/107.2000*107.2000
=1,313.992

Current CPI (Mar24) = 107.2000.

Feed One Co Annual Data

Book Value per Share CPI Adj_Book
201503 660.670 97.900 723.430
201603 684.171 97.900 749.164
201703 775.980 98.100 847.962
201803 834.295 99.200 901.577
201903 914.498 99.700 983.292
202003 977.821 100.300 1,045.089
202103 1,074.601 99.900 1,153.125
202203 1,161.367 101.100 1,231.440
202303 1,172.563 104.400 1,204.011
202403 1,313.992 107.200 1,313.992

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.


Feed One Co  (TSE:2060) 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.


Feed One Co Cyclically Adjusted PB Ratio Related Terms

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


Feed One Co (TSE:2060) Business Description

Traded in Other Exchanges
N/A
Address
2-23-2, Tsuruyacho, Kanagawa-ku, Kanagawa, Yokohama-shi, JPN, 221-0835
Feed One Co Ltd is a Japanese company engaged in the manufacture and sale of mixed feed, animal and fishery feeds. It also provides other ancillary services such as farm-management consulting, management of veterinary examination and treatment facilities.

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