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First Baking Co (TSE:2215) Cyclically Adjusted PB Ratio : 0.42 (As of Jun. 03, 2025)


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What is First Baking Co Cyclically Adjusted PB Ratio?

As of today (2025-06-03), First Baking Co's current share price is 円544.00. First Baking Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円1,292.54. First Baking Co's Cyclically Adjusted PB Ratio for today is 0.42.

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

TSE:2215' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.54   Max: 0.9
Current: 0.42

During the past years, First Baking Co's highest Cyclically Adjusted PB Ratio was 0.90. The lowest was 0.28. And the median was 0.54.

TSE:2215's Cyclically Adjusted PB Ratio is ranked better than
86.41% of 1310 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs TSE:2215: 0.42

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.

First Baking Co's adjusted book value per share data for the three months ended in Dec. 2024 was 円1,163.368. 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1,292.54 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


First Baking Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for First Baking 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.

First Baking Co Cyclically Adjusted PB Ratio Chart

First Baking Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.44 0.31 0.52 0.43

First Baking Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24
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 0.36 0.52 0.53 0.53 0.43

Competitive Comparison of First Baking Co's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, First Baking 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.


First Baking Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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


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First Baking 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.

First Baking Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=544.00/1292.54
=0.42

* 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.

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

For example, First Baking 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)
=1163.368/110.7000*110.7000
=1,163.368

Current CPI (Dec. 2024) = 110.7000.

First Baking Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 1,196.996 97.900 1,353.498
201503 1,243.356 97.900 1,405.919
201506 1,265.309 98.400 1,423.473
201509 1,269.064 98.500 1,426.248
201512 1,284.662 98.100 1,449.664
201603 1,301.849 97.900 1,472.060
201606 1,311.381 98.100 1,479.815
201609 1,321.490 98.000 1,492.744
201612 1,345.032 98.400 1,513.161
201703 1,357.597 98.100 1,531.967
201706 1,369.006 98.500 1,538.568
201709 1,347.776 98.800 1,510.109
201712 1,355.430 99.400 1,509.518
201803 1,326.112 99.200 1,479.845
201806 1,330.445 99.200 1,484.680
201809 1,312.103 99.900 1,453.952
201812 1,292.317 99.700 1,434.900
201903 1,276.863 99.700 1,417.741
201906 1,249.711 99.800 1,386.202
201909 1,234.258 100.100 1,364.959
201912 1,214.905 100.500 1,338.209
202003 1,215.771 100.300 1,341.833
202006 1,214.183 99.900 1,345.446
202009 1,190.930 99.900 1,319.679
202012 1,180.820 99.300 1,316.382
202103 1,161.901 99.900 1,287.512
202106 1,141.681 99.500 1,270.192
202109 1,105.430 100.100 1,222.489
202112 1,081.023 100.100 1,195.497
202203 1,078.134 101.100 1,180.509
202206 903.957 101.800 982.987
202209 878.105 103.100 942.834
202212 843.709 104.100 897.201
202303 830.878 104.400 881.017
202306 839.977 105.200 883.892
202309 877.510 106.200 914.693
202312 897.154 106.800 929.915
202403 936.299 107.200 966.868
202406 1,164.957 108.200 1,191.874
202412 1,163.368 110.700 1,163.368

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.


First Baking Co  (TSE:2215) 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.


First Baking Co Cyclically Adjusted PB Ratio Related Terms

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


First Baking Co Business Description

Traded in Other Exchanges
N/A
Address
3-6-1 Kogawahigashi town, Kodaira, JPN
First Baking Co Ltd is engaged in manufacture and selling of packaged foods and bakery foods. The products of the company include sip wrapping series, mini croissant series, apple ring series, and large Danish series.

First Baking Co Headlines

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