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Kakiyasu Honten Co (TSE:2294) Cyclically Adjusted PB Ratio : 1.90 (As of May. 25, 2025)


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What is Kakiyasu Honten Co Cyclically Adjusted PB Ratio?

As of today (2025-05-25), Kakiyasu Honten Co's current share price is 円2781.00. Kakiyasu Honten Co's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2024 was 円1,464.56. Kakiyasu Honten Co's Cyclically Adjusted PB Ratio for today is 1.90.

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

TSE:2294' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.51   Med: 1.91   Max: 2.83
Current: 1.9

During the past years, Kakiyasu Honten Co's highest Cyclically Adjusted PB Ratio was 2.83. The lowest was 1.51. And the median was 1.91.

TSE:2294's Cyclically Adjusted PB Ratio is ranked worse than
55.7% of 228 companies
in the Retail - Defensive industry
Industry Median: 1.705 vs TSE:2294: 1.90

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.

Kakiyasu Honten Co's adjusted book value per share data for the three months ended in Oct. 2024 was 円1,517.958. 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1,464.56 for the trailing ten years ended in Oct. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kakiyasu Honten Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kakiyasu Honten 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.

Kakiyasu Honten Co Cyclically Adjusted PB Ratio Chart

Kakiyasu Honten Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.06 2.18 2.07 1.93 1.52

Kakiyasu Honten Co Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 Jul23 Oct23 Jan24 Apr24 Oct24
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 1.71 1.77 1.82 1.92 1.82

Competitive Comparison of Kakiyasu Honten Co's Cyclically Adjusted PB Ratio

For the Food Distribution subindustry, Kakiyasu Honten 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.


Kakiyasu Honten Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Kakiyasu Honten Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Kakiyasu Honten 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.

Kakiyasu Honten Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2781.00/1464.56
=1.90

* 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.

Kakiyasu Honten Co's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2024 is calculated as:

For example, Kakiyasu Honten Co's adjusted Book Value per Share data for the three months ended in Oct. 2024 was:

Adj_Book=Book Value per Share/CPI of Oct. 2024 (Change)*Current CPI (Oct. 2024)
=1517.958/109.5000*109.5000
=1,517.958

Current CPI (Oct. 2024) = 109.5000.

Kakiyasu Honten Co Quarterly Data

Book Value per Share CPI Adj_Book
201408 1,105.521 98.300 1,231.481
201411 1,122.067 97.900 1,255.019
201502 1,182.593 97.600 1,326.782
201505 1,161.405 98.700 1,288.489
201508 1,046.682 98.400 1,164.753
201511 1,055.040 98.100 1,177.644
201602 1,186.870 97.800 1,328.858
201605 1,167.981 98.200 1,302.382
201608 1,152.577 97.900 1,289.144
201611 1,174.124 98.600 1,303.921
201702 1,251.915 98.100 1,397.397
201705 1,239.305 98.600 1,376.307
201708 1,268.167 98.500 1,409.790
201711 1,275.602 99.100 1,409.469
201802 1,290.218 99.500 1,419.888
201805 1,316.011 99.300 1,451.190
201808 1,318.017 99.800 1,446.121
201811 1,334.925 100.000 1,461.743
201902 1,388.040 99.700 1,524.477
201905 1,362.916 100.000 1,492.393
201908 1,387.944 100.000 1,519.799
201911 1,407.814 100.500 1,533.887
202002 1,464.750 100.300 1,599.104
202005 1,326.423 100.100 1,450.982
202008 1,339.606 100.100 1,465.403
202011 1,372.086 99.500 1,509.984
202102 1,413.737 99.800 1,551.144
202105 1,371.513 99.400 1,510.872
202108 1,404.471 99.700 1,542.523
202111 1,453.573 100.100 1,590.072
202202 1,512.610 100.700 1,644.794
202205 1,469.431 101.800 1,580.577
202208 1,491.116 102.700 1,589.846
202211 1,523.118 103.900 1,605.211
202302 1,593.714 104.000 1,677.997
202307 1,559.767 105.700 1,615.842
202310 1,575.234 107.100 1,610.533
202401 1,654.669 106.900 1,694.914
202404 1,685.698 107.700 1,713.871
202410 1,517.958 109.500 1,517.958

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.


Kakiyasu Honten Co  (TSE:2294) 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.


Kakiyasu Honten Co Cyclically Adjusted PB Ratio Related Terms

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Kakiyasu Honten Co Business Description

Traded in Other Exchanges
N/A
Address
8 Yoshinomaru, Mie Prefecture, Kuwana, JPN, 511-8555
Kakiyasu Honten Co Ltd operates the restaurant and food business in Japan. It operates in four divisions: Food, Delicatessen, Restaurant, and Fresh Meat. It is engaged in the manufacturing and sale of dressed meat, prepared food, Shigure-cooking food (food boiled in soy sauce) and Japanese confectionery, as well as the operation of restaurants.

Kakiyasu Honten Co Headlines

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