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Asukanet Co (TSE:2438) Cyclically Adjusted PB Ratio : 1.39 (As of Jan. 18, 2025)


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What is Asukanet Co Cyclically Adjusted PB Ratio?

As of today (2025-01-18), Asukanet Co's current share price is 円466.00. 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 1.39.

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: 1.28   Med: 3.72   Max: 8.55
Current: 1.4

During the past years, Asukanet Co's highest Cyclically Adjusted PB Ratio was 8.55. The lowest was 1.28. And the median was 3.72.

TSE:2438's Cyclically Adjusted PB Ratio is ranked better than
50.85% of 59 companies
in the Personal Services industry
Industry Median: 1.41 vs TSE:2438: 1.40

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362.782. 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.



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
=466.00/336.4
=1.39

* 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)
=362.782/109.5000*109.5000
=362.782

Current CPI (Oct. 2024) = 109.5000.

Asukanet Co Quarterly Data

Book Value per Share CPI Adj_Book
201410 223.701 98.200 249.443
201501 236.827 97.800 265.159
201504 231.425 98.400 257.531
201507 228.976 98.300 255.065
201510 235.060 98.500 261.310
201601 248.144 97.700 278.114
201604 250.412 98.100 279.512
201607 245.786 97.900 274.909
201610 253.385 98.600 281.396
201701 267.619 98.200 298.414
201704 274.893 98.500 305.592
201707 271.085 98.300 301.972
201710 276.938 98.800 306.930
201801 289.924 99.500 319.062
201804 297.593 99.100 328.824
201807 293.697 99.200 324.192
201810 300.371 100.200 328.250
201901 315.481 99.700 346.491
201904 322.487 100.000 353.123
201907 317.800 99.800 348.688
201910 324.971 100.400 354.426
202001 338.588 100.500 368.909
202004 341.454 100.200 373.146
202007 331.518 100.000 363.012
202010 331.824 99.800 364.075
202101 340.037 99.800 373.087
202104 345.755 99.100 382.040
202107 340.543 99.700 374.017
202110 344.439 99.900 377.538
202201 353.916 100.300 386.379
202204 358.246 101.500 386.482
202207 349.670 102.300 374.280
202210 350.402 103.700 370.000
202301 365.128 104.700 381.867
202304 373.193 105.100 388.817
202307 361.194 105.700 374.179
202310 364.771 107.100 372.945
202401 374.679 106.900 383.792
202404 374.117 107.700 380.370
202410 362.782 109.500 362.782

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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