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Digital Holdings (TSE:2389) Cyclically Adjusted PB Ratio : 1.03 (As of Jun. 02, 2025)


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What is Digital Holdings Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Digital Holdings's current share price is 円1384.00. Digital Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was 円1,341.02. Digital Holdings's Cyclically Adjusted PB Ratio for today is 1.03.

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

TSE:2389' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.55   Max: 4.66
Current: 1.04

During the past years, Digital Holdings's highest Cyclically Adjusted PB Ratio was 4.66. The lowest was 0.75. And the median was 1.55.

TSE:2389's Cyclically Adjusted PB Ratio is ranked better than
52.28% of 679 companies
in the Media - Diversified industry
Industry Median: 1.1 vs TSE:2389: 1.04

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.

Digital Holdings's adjusted book value per share data for the three months ended in Mar. 2025 was 円1,645.762. 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1,341.02 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Digital Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Digital 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.

Digital Holdings Cyclically Adjusted PB Ratio Chart

Digital Holdings 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 2.16 1.46 1.17 1.07 0.93

Digital Holdings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.00 0.88 0.74 0.93 1.09

Competitive Comparison of Digital Holdings's Cyclically Adjusted PB Ratio

For the Advertising Agencies subindustry, Digital 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.


Digital Holdings's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Digital Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Digital 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1384.00/1341.02
=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.

Digital Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Digital Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1645.762/111.1000*111.1000
=1,645.762

Current CPI (Mar. 2025) = 111.1000.

Digital Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201506 645.344 98.400 728.635
201509 635.544 98.500 716.842
201512 626.048 98.100 709.011
201603 619.209 97.900 702.698
201606 610.024 98.100 690.863
201609 626.386 98.000 710.117
201612 644.114 98.400 727.247
201703 727.425 98.100 823.822
201706 731.642 98.500 825.233
201709 757.232 98.800 851.503
201712 672.915 99.400 752.121
201803 675.113 99.200 756.099
201806 1,021.181 99.200 1,143.682
201809 1,216.261 99.900 1,352.619
201812 1,025.109 99.700 1,142.323
201903 1,326.070 99.700 1,477.697
201906 1,199.432 99.800 1,335.239
201909 1,149.127 100.100 1,275.405
201912 1,187.467 100.500 1,312.712
202003 1,062.419 100.300 1,176.817
202006 1,190.530 99.900 1,324.003
202009 1,403.653 99.900 1,561.020
202012 1,405.515 99.300 1,572.535
202103 1,386.176 99.900 1,541.583
202106 1,557.880 99.500 1,739.502
202109 1,565.984 100.100 1,738.070
202112 1,540.841 100.100 1,710.164
202203 1,475.350 101.100 1,621.280
202206 1,884.109 101.800 2,056.233
202209 1,772.938 103.100 1,910.508
202212 1,707.401 104.100 1,822.212
202303 1,613.302 104.400 1,716.838
202306 1,656.230 105.200 1,749.117
202309 1,717.589 106.200 1,796.837
202312 1,679.668 106.800 1,747.295
202403 1,696.793 107.200 1,758.523
202406 1,822.680 108.200 1,871.532
202409 1,747.881 108.900 1,783.192
202412 1,757.503 110.700 1,763.854
202503 1,645.762 111.100 1,645.762

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.


Digital Holdings  (TSE:2389) 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.


Digital Holdings Cyclically Adjusted PB Ratio Related Terms

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


Digital Holdings Business Description

Traded in Other Exchanges
N/A
Address
6 Tokyu Bancho Building, 6th Yonbancho, Chiyoda-ku, Tokyo, JPN, 102-0081
Digital Holdings Inc promotes digital shifts across all management resources such as people, things, money, and information. The company provides digital marketing services.

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