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Kanro (TSE:2216) Cyclically Adjusted PB Ratio : 4.14 (As of Dec. 15, 2024)


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What is Kanro Cyclically Adjusted PB Ratio?

As of today (2024-12-15), Kanro's current share price is 円3450.00. Kanro's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was 円834.32. Kanro's Cyclically Adjusted PB Ratio for today is 4.14.

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

TSE:2216' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.16   Max: 4.29
Current: 4.14

During the past years, Kanro's highest Cyclically Adjusted PB Ratio was 4.29. The lowest was 0.84. And the median was 1.16.

TSE:2216's Cyclically Adjusted PB Ratio is ranked worse than
80.66% of 1277 companies
in the Consumer Packaged Goods industry
Industry Median: 1.47 vs TSE:2216: 4.14

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.

Kanro's adjusted book value per share data for the three months ended in Jun. 2024 was 円1,127.904. 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834.32 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kanro Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kanro'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.

Kanro Cyclically Adjusted PB Ratio Chart

Kanro Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.11 1.04 1.09 1.43 2.57

Kanro Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.60 2.60 2.57 3.05 3.36

Competitive Comparison of Kanro's Cyclically Adjusted PB Ratio

For the Confectioners subindustry, Kanro'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.


Kanro's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Kanro 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3450.00/834.32
=4.14

* 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.

Kanro's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Kanro's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=1127.904/108.2000*108.2000
=1,127.904

Current CPI (Jun. 2024) = 108.2000.

Kanro Quarterly Data

Book Value per Share CPI Adj_Book
201409 665.776 98.500 731.340
201412 669.264 97.900 739.677
201503 649.904 97.900 718.280
201506 637.796 98.400 701.316
201509 628.413 98.500 690.297
201512 649.479 98.100 716.347
201603 656.595 97.900 725.675
201606 656.104 98.100 723.654
201609 641.580 98.000 708.357
201612 671.694 98.400 738.590
201703 679.029 98.100 748.939
201706 682.195 98.500 749.376
201709 673.157 98.800 737.202
201712 693.281 99.400 754.658
201803 713.744 99.200 778.499
201806 739.582 99.200 806.681
201809 721.719 99.900 781.682
201812 743.630 99.700 807.029
201903 739.706 99.700 802.770
201906 736.128 99.800 798.087
201909 722.000 100.100 780.424
201912 767.760 100.500 826.583
202003 778.408 100.300 839.718
202006 774.252 99.900 838.579
202009 759.495 99.900 822.596
202012 792.400 99.300 863.421
202103 788.699 99.900 854.227
202106 806.284 99.500 876.783
202109 803.403 100.100 868.414
202112 833.234 100.100 900.659
202203 857.303 101.100 917.509
202206 873.358 101.800 928.265
202209 859.870 103.100 902.405
202212 905.232 104.100 940.885
202303 946.131 104.400 980.569
202306 979.054 105.200 1,006.974
202309 982.774 106.200 1,001.282
202312 1,043.944 106.800 1,057.629
202403 1,069.733 107.200 1,079.712
202406 1,127.904 108.200 1,127.904

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.


Kanro  (TSE:2216) 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.


Kanro Cyclically Adjusted PB Ratio Related Terms

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


Kanro Business Description

Traded in Other Exchanges
N/A
Address
3-20-2, Tokyo Opera City Building, 37th Floor, Nishishinjuku, Shinjuku-ku, Tokyo, JPN, 163-1437
Kanro Inc is engaged in manufacturing and selling of confections and food. The company's product profile include Milk candy, Herbal candy, Kanro candy, Healthy candy doctor plus, Jure puree setouchi oranges, Julepule yamanashi pione, and others. It also offers throat drops such as Non sugar super menthol candy, Whole candy grated syrup, Healthy candy fighting ginger among others.

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