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SBS Holdings (TSE:2384) Cyclically Adjusted PB Ratio : 1.81 (As of Jan. 18, 2025)


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What is SBS Holdings Cyclically Adjusted PB Ratio?

As of today (2025-01-18), SBS Holdings's current share price is 円2355.00. SBS Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was 円1,303.17. SBS Holdings's Cyclically Adjusted PB Ratio for today is 1.81.

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

TSE:2384' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.45   Med: 2.45   Max: 4.41
Current: 1.76

During the past years, SBS Holdings's highest Cyclically Adjusted PB Ratio was 4.41. The lowest was 1.45. And the median was 2.45.

TSE:2384's Cyclically Adjusted PB Ratio is ranked worse than
64.04% of 684 companies
in the Transportation industry
Industry Median: 1.31 vs TSE:2384: 1.76

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.

SBS Holdings's adjusted book value per share data for the three months ended in Jun. 2024 was 円2,123.326. 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1,303.17 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SBS Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SBS Holdings'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.

SBS Holdings Cyclically Adjusted PB Ratio Chart

SBS Holdings 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 2.14 2.79 3.19 2.57 2.01

SBS Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.36 2.01 2.08 2.06 -

Competitive Comparison of SBS Holdings's Cyclically Adjusted PB Ratio

For the Integrated Freight & Logistics subindustry, SBS Holdings'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.


SBS Holdings's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, SBS Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SBS Holdings 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.

SBS Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2355.00/1303.17
=1.81

* 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.

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

For example, SBS Holdings'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)
=2123.326/108.2000*108.2000
=2,123.326

Current CPI (Jun. 2024) = 108.2000.

SBS Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201409 799.748 98.500 878.505
201412 811.984 97.900 897.412
201503 876.745 97.900 968.987
201506 871.824 98.400 958.652
201509 908.243 98.500 997.684
201512 707.567 98.100 780.415
201603 723.378 97.900 799.484
201606 790.376 98.100 871.750
201609 801.253 98.000 884.649
201612 818.525 98.400 900.045
201703 818.172 98.100 902.408
201706 841.864 98.500 924.768
201709 884.591 98.800 968.752
201712 916.468 99.400 997.604
201803 908.613 99.200 991.048
201806 927.622 99.200 1,011.781
201809 944.063 99.900 1,022.499
201812 1,001.015 99.700 1,086.357
201903 1,038.076 99.700 1,126.578
201906 1,064.639 99.800 1,154.248
201909 1,099.233 100.100 1,188.182
201912 1,136.197 100.500 1,223.249
202003 1,177.387 100.300 1,270.122
202006 1,207.802 99.900 1,308.150
202009 1,240.810 99.900 1,343.900
202012 1,277.872 99.300 1,392.404
202103 1,299.827 99.900 1,407.821
202106 1,443.793 99.500 1,570.034
202109 1,494.828 100.100 1,615.788
202112 1,527.538 100.100 1,651.145
202203 1,561.553 101.100 1,671.217
202206 1,538.340 101.800 1,635.053
202209 1,605.564 103.100 1,684.986
202212 1,772.015 104.100 1,841.806
202303 1,886.750 104.400 1,955.425
202306 1,933.782 105.200 1,988.928
202309 1,972.229 106.200 2,009.371
202312 2,003.530 106.800 2,029.794
202403 2,073.021 107.200 2,092.359
202406 2,123.326 108.200 2,123.326

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.


SBS Holdings  (TSE:2384) 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.


SBS Holdings Cyclically Adjusted PB Ratio Related Terms

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


SBS Holdings Business Description

Traded in Other Exchanges
N/A
Address
1-3 Taihei 4-chome, Olinas Tower, Sumida-ku, Tokyo, JPN, 130-0012
SBS Holdings Inc is engaged in the provision of logistics and related services. The company's operating business includes logistics, real-estate, and others. Its logistics business is involved in the transportation and delivery of raw materials, and the storage associated with it, handling, packaging, and distribution processing services. The real-estate business consists of rental and leasing of real estate properties. Its other business comprises of human resources, environment-related, marketing and other related business services.

SBS Holdings Headlines

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