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Fan Communications (TSE:2461) Cyclically Adjusted PB Ratio : 1.58 (As of May. 24, 2025)


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What is Fan Communications Cyclically Adjusted PB Ratio?

As of today (2025-05-24), Fan Communications's current share price is 円423.00. Fan Communications's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円267.07. Fan Communications's Cyclically Adjusted PB Ratio for today is 1.58.

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

TSE:2461' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.46   Med: 2.16   Max: 11.32
Current: 1.59

During the past years, Fan Communications's highest Cyclically Adjusted PB Ratio was 11.32. The lowest was 1.46. And the median was 2.16.

TSE:2461's Cyclically Adjusted PB Ratio is ranked worse than
64.03% of 670 companies
in the Media - Diversified industry
Industry Median: 1.09 vs TSE:2461: 1.59

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.

Fan Communications's adjusted book value per share data for the three months ended in Dec. 2024 was 円272.606. 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267.07 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fan Communications Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fan Communications'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.

Fan Communications Cyclically Adjusted PB Ratio Chart

Fan Communications 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 2.33 1.92 1.78 1.58 1.50

Fan Communications 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 1.62 1.58 1.58 1.61 1.50

Competitive Comparison of Fan Communications's Cyclically Adjusted PB Ratio

For the Advertising Agencies subindustry, Fan Communications'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.


Fan Communications's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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


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Fan Communications 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.

Fan Communications's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=423.00/267.07
=1.58

* 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.

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

For example, Fan Communications'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)
=272.606/110.7000*110.7000
=272.606

Current CPI (Dec. 2024) = 110.7000.

Fan Communications Quarterly Data

Book Value per Share CPI Adj_Book
201412 153.819 97.900 173.930
201503 150.957 97.900 170.694
201506 164.300 98.400 184.838
201509 177.682 98.500 199.689
201512 189.967 98.100 214.366
201603 176.314 97.900 199.366
201606 188.811 98.100 213.062
201609 201.879 98.000 228.041
201612 216.817 98.400 243.919
201703 213.020 98.100 240.380
201706 229.299 98.500 257.699
201709 243.591 98.800 272.930
201712 254.201 99.400 283.099
201803 245.699 99.200 274.182
201806 256.117 99.200 285.808
201809 259.720 99.900 287.798
201812 261.828 99.700 290.716
201903 251.214 99.700 278.931
201906 262.639 99.800 291.324
201909 271.612 100.100 300.374
201912 277.898 100.500 306.103
202003 263.594 100.300 290.926
202006 269.408 99.900 298.533
202009 274.889 99.900 304.607
202012 279.750 99.300 311.866
202103 267.143 99.900 296.023
202106 272.258 99.500 302.904
202109 274.194 100.100 303.230
202112 277.922 100.100 307.352
202203 262.265 101.100 287.169
202206 266.208 101.800 289.482
202209 270.824 103.100 290.788
202212 270.755 104.100 287.921
202303 257.573 104.400 273.116
202306 260.392 105.200 274.006
202309 266.238 106.200 277.519
202312 270.025 106.800 279.885
202403 259.328 107.200 267.795
202406 263.846 108.200 269.942
202412 272.606 110.700 272.606

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.


Fan Communications  (TSE:2461) 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.


Fan Communications Cyclically Adjusted PB Ratio Related Terms

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


Fan Communications Business Description

Traded in Other Exchanges
N/A
Address
1-1-8 Shibuya, Aoyama Diamond Building (Reception: 2nd Floor), Shibuya-ku, Tokyo, JPN, 150-0002
Fan Communications Inc is a Japanese Internet marketing company. The company is developing Internet advertising-related businesses. It has its own media operation and advertising agency and is mainly involved in Internet-based performance marketing ad network services. Its product and services are divided into cost per action ad network business (affiliate advertising, smartphone app install advertising) and cost per click/targeting ad network business (smartphone and network, behavioral targeting supply-side platforms).

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