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Asukanet Co (TSE:2438) Cyclically Adjusted PB Ratio : 1.22 (As of Apr. 14, 2025)


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What is Asukanet Co Cyclically Adjusted PB Ratio?

As of today (2025-04-14), Asukanet Co's current share price is 円410.00. Asukanet Co's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2024 was 円336.40. Asukanet Co's Cyclically Adjusted PB Ratio for today is 1.22.

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

TSE:2438' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.22   Med: 3.65   Max: 8.55
Current: 1.22

During the past years, Asukanet Co's highest Cyclically Adjusted PB Ratio was 8.55. The lowest was 1.22. And the median was 3.65.

TSE:2438's Cyclically Adjusted PB Ratio is ranked better than
57.63% of 59 companies
in the Personal Services industry
Industry Median: 1.42 vs TSE:2438: 1.22

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.

Asukanet Co's adjusted book value per share data for the three months ended in Oct. 2024 was 円362.791. 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336.40 for the trailing ten years ended in Oct. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asukanet Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Asukanet 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.

Asukanet Co Cyclically Adjusted PB Ratio Chart

Asukanet Co Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.26 3.85 3.79 3.07 1.96

Asukanet Co Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 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 2.58 2.04 2.12 1.96 1.51

Competitive Comparison of Asukanet Co's Cyclically Adjusted PB Ratio

For the Personal Services subindustry, Asukanet 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.


Asukanet Co's Cyclically Adjusted PB Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Asukanet Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Asukanet 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=410.00/336.40
=1.22

* 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.

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

For example, Asukanet 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)
=362.791/109.5000*109.5000
=362.791

Current CPI (Oct. 2024) = 109.5000.

Asukanet Co Quarterly Data

Book Value per Share CPI Adj_Book
201410 223.700 98.200 249.441
201501 236.826 97.800 265.158
201504 231.424 98.400 257.530
201507 228.975 98.300 255.064
201510 235.059 98.500 261.309
201601 248.143 97.700 278.113
201604 250.411 98.100 279.511
201607 245.784 97.900 274.907
201610 253.383 98.600 281.394
201701 267.617 98.200 298.412
201704 274.898 98.500 305.597
201707 271.090 98.300 301.977
201710 276.943 98.800 306.936
201801 289.929 99.500 319.068
201804 297.602 99.100 328.834
201807 293.706 99.200 324.202
201810 300.380 100.200 328.260
201901 315.482 99.700 346.492
201904 322.489 100.000 353.125
201907 317.802 99.800 348.691
201910 324.973 100.400 354.428
202001 338.590 100.500 368.911
202004 341.452 100.200 373.144
202007 331.516 100.000 363.010
202010 331.822 99.800 364.073
202101 340.035 99.800 373.084
202104 345.753 99.100 382.038
202107 340.541 99.700 374.014
202110 344.437 99.900 377.536
202201 353.922 100.300 386.385
202204 358.252 101.500 386.489
202207 349.676 102.300 374.287
202210 350.396 103.700 369.994
202301 365.121 104.700 381.860
202304 373.186 105.100 388.809
202307 361.188 105.700 374.173
202310 364.765 107.100 372.939
202401 374.677 106.900 383.790
202404 374.115 107.700 380.368
202410 362.791 109.500 362.791

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.


Asukanet Co  (TSE:2438) 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.


Asukanet Co Cyclically Adjusted PB Ratio Related Terms

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


Asukanet Co Business Description

Traded in Other Exchanges
N/A
Address
3-28-14 Gion, Asaminami-ku, Hiroshima, JPN
Asukanet Co Ltd is engaged in the business of memorial design services which provides digital processing services for portraits of deceased persons, and the provision of funeral-related production services. It is also engaged in the manufacture and sale of individual photo albums. It is also involved in the research and marketing activities related to aerial imaging technology.

Asukanet Co Headlines

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