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Forside Co (TSE:2330) Cyclically Adjusted PB Ratio : 3.45 (As of May. 01, 2025)


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What is Forside Co Cyclically Adjusted PB Ratio?

As of today (2025-05-01), Forside Co's current share price is 円148.00. Forside Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円42.88. Forside Co's Cyclically Adjusted PB Ratio for today is 3.45.

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

TSE:2330' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.42   Max: 13
Current: 3.43

During the past years, Forside Co's highest Cyclically Adjusted PB Ratio was 13.00. The lowest was 0.56. And the median was 1.42.

TSE:2330's Cyclically Adjusted PB Ratio is ranked worse than
80.14% of 584 companies
in the Travel & Leisure industry
Industry Median: 1.25 vs TSE:2330: 3.43

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.

Forside Co's adjusted book value per share data for the three months ended in Dec. 2024 was 円58.557. 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42.88 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Forside Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Forside 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.

Forside Co Cyclically Adjusted PB Ratio Chart

Forside 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 0.94 1.69 1.38 1.65 4.17

Forside 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 1.83 1.65 11.55 5.84 4.17

Competitive Comparison of Forside Co's Cyclically Adjusted PB Ratio

For the Leisure subindustry, Forside 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.


Forside Co's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Forside Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Forside 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=148.00/42.88
=3.45

* 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.

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

For example, Forside 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)
=58.557/110.7000*110.7000
=58.557

Current CPI (Dec. 2024) = 110.7000.

Forside Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 22.744 97.900 25.718
201503 20.181 97.900 22.820
201506 35.188 98.400 39.587
201509 31.708 98.500 35.635
201512 17.951 98.100 20.257
201603 29.826 97.900 33.726
201606 34.793 98.100 39.262
201609 35.968 98.000 40.629
201612 35.438 98.400 39.868
201703 35.560 98.100 40.127
201706 49.002 98.500 55.071
201709 53.719 98.800 60.189
201712 53.570 99.400 59.660
201803 71.444 99.200 79.726
201806 72.524 99.200 80.932
201809 60.577 99.900 67.126
201812 55.022 99.700 61.093
201903 33.672 99.700 37.387
201906 34.498 99.800 38.266
201909 33.514 100.100 37.063
201912 43.807 100.500 48.253
202003 32.441 100.300 35.805
202006 33.710 99.900 37.354
202009 33.028 99.900 36.599
202012 33.655 99.300 37.519
202103 34.767 99.900 38.526
202106 38.077 99.500 42.363
202109 39.680 100.100 43.882
202112 35.757 100.100 39.543
202203 33.817 101.100 37.028
202206 33.692 101.800 36.638
202209 33.163 103.100 35.608
202212 32.445 104.100 34.502
202303 32.614 104.400 34.582
202306 34.203 105.200 35.991
202309 40.169 106.200 41.871
202312 41.822 106.800 43.349
202403 40.867 107.200 42.201
202406 39.986 108.200 40.910
202412 58.557 110.700 58.557

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.


Forside Co  (TSE:2330) 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.


Forside Co Cyclically Adjusted PB Ratio Related Terms

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


Forside Co Business Description

Traded in Other Exchanges
N/A
Address
Muromachi 3-3-1 ETS Muromachi building 12F, Nihonbashi, Chuo-ku, Tokyo, JPN
Forside Co Ltd is a Japan-based company engaged in the content business. The company provides guidance in the areas concerning investment banking, merger and acquisition, financing and other related financial services.

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