GURUFOCUS.COM » STOCK LIST » Technology » Software » CROOZ Inc (TSE:2138) » Definitions » Cyclically Adjusted PB Ratio

CROOZ (TSE:2138) Cyclically Adjusted PB Ratio : 0.81 (As of Jun. 09, 2024)


View and export this data going back to 2007. Start your Free Trial

What is CROOZ Cyclically Adjusted PB Ratio?

As of today (2024-06-09), CROOZ's current share price is 円704.00. CROOZ's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円864.14. CROOZ's Cyclically Adjusted PB Ratio for today is 0.81.

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

TSE:2138' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.79   Med: 2.01   Max: 8.24
Current: 0.81

During the past years, CROOZ's highest Cyclically Adjusted PB Ratio was 8.24. The lowest was 0.79. And the median was 2.01.

TSE:2138's Cyclically Adjusted PB Ratio is ranked better than
81.76% of 1420 companies
in the Software industry
Industry Median: 2.54 vs TSE:2138: 0.81

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.

CROOZ's adjusted book value per share data for the three months ended in Dec. 2023 was 円1,028.615. 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864.14 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CROOZ Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CROOZ'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.

CROOZ Cyclically Adjusted PB Ratio Chart

CROOZ 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 1.37 3.79 1.06 1.13 -

CROOZ 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 1.13 1.11 1.09 0.90 -

Competitive Comparison of CROOZ's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, CROOZ'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.


CROOZ's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, CROOZ's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



CROOZ 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.

CROOZ's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=704.00/864.14
=0.81

* 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.

CROOZ's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, CROOZ's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1028.615/106.8000*106.8000
=1,028.615

Current CPI (Dec. 2023) = 106.8000.

CROOZ Quarterly Data

Book Value per Share CPI Adj_Book
201403 463.890 95.700 517.695
201406 472.293 98.000 514.703
201409 514.909 98.500 558.297
201412 663.364 97.900 723.670
201503 638.467 97.900 696.509
201506 630.728 98.400 684.571
201509 649.099 98.500 703.795
201512 699.081 98.100 761.079
201603 748.905 97.900 816.987
201606 777.494 98.100 846.446
201609 818.960 98.000 892.499
201612 988.305 98.400 1,072.673
201703 999.649 98.100 1,088.303
201706 999.024 98.500 1,083.206
201709 1,010.384 98.800 1,092.196
201712 1,025.304 99.400 1,101.634
201803 999.945 99.200 1,076.554
201806 948.798 99.200 1,021.488
201809 920.001 99.900 983.545
201812 844.098 99.700 904.209
201903 740.377 99.700 793.102
201906 728.167 99.800 779.241
201909 724.739 100.100 773.248
201912 717.405 100.500 762.377
202003 697.599 100.300 742.807
202006 724.575 99.900 774.621
202009 788.839 99.900 843.323
202012 826.746 99.300 889.189
202103 828.147 99.900 885.346
202106 841.605 99.500 903.351
202109 846.279 100.100 902.923
202112 871.795 100.100 930.147
202203 844.468 101.100 892.079
202206 860.778 101.800 903.056
202209 844.142 103.100 874.436
202212 864.367 104.100 886.786
202303 880.738 104.400 900.985
202306 924.119 105.200 938.174
202309 1,016.188 106.200 1,021.929
202312 1,028.615 106.800 1,028.615

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.


CROOZ  (TSE:2138) 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.


CROOZ Cyclically Adjusted PB Ratio Related Terms

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


CROOZ (TSE:2138) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Roppongihills Mori Tower F38 6-10-1, Roppongi Minato-ku, Tokyo, JPN, 106-6138
CROOZ Inc is a Japanese company engaged in providing applications for social games and e-commerce. It offers various applications including SHOPLIST.com which is a mail-order site that can purchase items of a wide range of fast fashion brands, SHOPLIST USED is a mail-order application that allows easily sell "buy" and "deposit" with a wide range of used fashion items, SHOPZONE is a fast fashion mail order site that can purchase items of a wide range of genres. It also operates blog site named CROOZblog.

CROOZ (TSE:2138) Headlines

No Headlines