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Kameda Seika Co (TSE:2220) Cyclically Adjusted PB Ratio : (As of Jun. 19, 2024)


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What is Kameda Seika Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kameda Seika Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kameda Seika 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.

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Kameda Seika Co Cyclically Adjusted PB Ratio Chart

Kameda Seika 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 2.54 2.34 1.79 1.80 -

Kameda Seika 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 1.80 1.73 1.60 1.58 -

Competitive Comparison of Kameda Seika Co's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Kameda Seika 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.


Kameda Seika Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Kameda Seika 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.

Kameda Seika Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Kameda Seika Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3317.112/107.2000*107.2000
=3,317.112

Current CPI (Mar. 2024) = 107.2000.

Kameda Seika Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,757.155 98.000 1,922.112
201409 1,797.988 98.500 1,956.795
201412 1,916.503 97.900 2,098.561
201503 2,053.865 97.900 2,248.972
201506 2,063.310 98.400 2,247.834
201509 2,090.221 98.500 2,274.840
201512 2,164.671 98.100 2,365.471
201603 2,086.258 97.900 2,284.442
201606 2,064.964 98.100 2,256.515
201609 2,076.393 98.000 2,271.320
201612 2,177.837 98.400 2,372.603
201703 2,092.056 98.100 2,286.120
201706 2,135.357 98.500 2,323.962
201709 2,115.295 98.800 2,295.138
201712 2,177.093 99.400 2,347.931
201803 2,267.506 99.200 2,450.369
201806 2,263.996 99.200 2,446.576
201809 2,303.551 99.900 2,471.879
201812 2,368.908 99.700 2,547.111
201903 2,418.909 99.700 2,600.873
201906 2,379.744 99.800 2,556.198
201909 2,418.825 100.100 2,590.390
201912 2,504.103 100.500 2,671.043
202003 2,508.419 100.300 2,680.982
202006 2,502.229 99.900 2,685.075
202009 2,538.370 99.900 2,723.856
202012 2,595.997 99.300 2,802.526
202103 2,761.193 99.900 2,962.962
202106 2,740.751 99.500 2,952.849
202109 2,812.986 100.100 3,012.508
202112 2,869.278 100.100 3,072.793
202203 3,007.726 101.100 3,189.201
202206 3,101.306 101.800 3,265.815
202209 3,189.288 103.100 3,316.117
202212 3,127.914 104.100 3,221.060
202303 3,076.073 104.400 3,158.573
202306 3,113.495 105.200 3,172.687
202309 3,162.822 106.200 3,192.604
202312 3,188.101 106.800 3,200.041
202403 3,317.112 107.200 3,317.112

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.


Kameda Seika Co  (TSE:2220) 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.


Kameda Seika Co Cyclically Adjusted PB Ratio Related Terms

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Kameda Seika Co (TSE:2220) Business Description

Traded in Other Exchanges
N/A
Address
3-1-1, Kangnam-gu, Niigata, JPN, 950-0198
Kameda Seika Co Ltd is a manufacturer of rice market confection. The company's product portfolio includes soft rice cracker, hard rice cracker, jealous, hailstone, appetizers, seaweed roll, fried rice crackers, baby sweets, fusion, Kameda's special rice, other sweets and healthcare products. It sells its products to supermarkets and convenience stores such as Kameda Seika and Nissin confectionery.

Kameda Seika Co (TSE:2220) Headlines

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