GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Megmilk Snow Brand Co Ltd (TSE:2270) » Definitions » Cyclically Adjusted PB Ratio

Megmilk Snow Brand Co (TSE:2270) Cyclically Adjusted PB Ratio : 1.03 (As of Sep. 26, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Megmilk Snow Brand Co Cyclically Adjusted PB Ratio?

As of today (2024-09-26), Megmilk Snow Brand Co's current share price is 円2732.00. Megmilk Snow Brand Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円2,648.01. Megmilk Snow Brand Co's Cyclically Adjusted PB Ratio for today is 1.03.

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

TSE:2270' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.03   Max: 1.91
Current: 1

During the past years, Megmilk Snow Brand Co's highest Cyclically Adjusted PB Ratio was 1.91. The lowest was 0.68. And the median was 1.03.

TSE:2270's Cyclically Adjusted PB Ratio is ranked better than
63.22% of 1169 companies
in the Consumer Packaged Goods industry
Industry Median: 1.32 vs TSE:2270: 1.00

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.

Megmilk Snow Brand Co's adjusted book value per share data for the three months ended in Mar. 2024 was 円3,436.001. 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2,648.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Megmilk Snow Brand Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Megmilk Snow Brand 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.

Megmilk Snow Brand Co Cyclically Adjusted PB Ratio Chart

Megmilk Snow Brand 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 1.26 1.08 0.88 0.72 1.03

Megmilk Snow Brand Co 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 0.78 0.90 0.81 1.03 -

Competitive Comparison of Megmilk Snow Brand Co's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Megmilk Snow Brand 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.


Megmilk Snow Brand Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Megmilk Snow Brand Co's Cyclically Adjusted PB Ratio falls into.



Megmilk Snow Brand 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.

Megmilk Snow Brand Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2732.00/2648.01
=1.03

* 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.

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

For example, Megmilk Snow Brand 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)
=3436.001/107.2000*107.2000
=3,436.001

Current CPI (Mar. 2024) = 107.2000.

Megmilk Snow Brand Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,673.884 98.000 1,831.024
201409 1,703.126 98.500 1,853.554
201412 1,727.961 97.900 1,892.108
201503 1,767.699 97.900 1,935.621
201506 1,776.602 98.400 1,935.485
201509 1,909.585 98.500 2,078.249
201512 1,950.946 98.100 2,131.921
201603 1,917.317 97.900 2,099.452
201606 1,936.981 98.100 2,116.660
201609 1,993.366 98.000 2,180.498
201612 2,073.116 98.400 2,258.517
201703 2,110.788 98.100 2,306.590
201706 2,130.307 98.500 2,318.466
201709 2,185.827 98.800 2,371.667
201712 2,262.501 99.400 2,440.041
201803 2,286.090 99.200 2,470.452
201806 2,297.612 99.200 2,482.903
201809 2,349.915 99.900 2,521.631
201812 2,370.576 99.700 2,548.904
201903 2,456.337 99.700 2,641.117
201906 2,455.122 99.800 2,637.165
201909 2,528.534 100.100 2,707.881
201912 2,593.286 100.500 2,766.172
202003 2,586.837 100.300 2,764.795
202006 2,602.348 99.900 2,792.510
202009 2,682.681 99.900 2,878.713
202012 2,766.486 99.300 2,986.579
202103 2,890.640 99.900 3,101.868
202106 2,893.219 99.500 3,117.116
202109 2,956.050 100.100 3,165.720
202112 3,003.425 100.100 3,216.455
202203 3,061.739 101.100 3,246.473
202206 2,999.579 101.800 3,158.692
202209 3,011.499 103.100 3,131.258
202212 3,089.675 104.100 3,181.683
202303 3,151.722 104.400 3,236.251
202306 3,237.385 105.200 3,298.932
202309 3,284.503 106.200 3,315.431
202312 3,353.241 106.800 3,365.800
202403 3,436.001 107.200 3,436.001

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.


Megmilk Snow Brand Co  (TSE:2270) 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.


Megmilk Snow Brand Co Cyclically Adjusted PB Ratio Related Terms

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


Megmilk Snow Brand Co Business Description

Traded in Other Exchanges
N/A
Address
5-1, Yotsuya, Honshio-cho, Shinjuku-ku, Tokyo, JPN, 160-8575
Megmilk Snow Brand Co Ltd is involved in manufacturing and selling cow's milk, milk products and other foods. The company has Dairy products, Beverages and Desserts, Feedstuffs and Seed products and International business domains. Its products include producing and selling of butter, margarine, processed cheese, natural cheese and condensed and skim milk, yogurts etc. The firm also operates in nutrition business, dairy products business and functional ingredients business.

Megmilk Snow Brand Co Headlines

No Headlines