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ImageONE Co (TSE:2667) Cyclically Adjusted PB Ratio : 0.97 (As of Sep. 21, 2024)


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What is ImageONE Co Cyclically Adjusted PB Ratio?

As of today (2024-09-21), ImageONE Co's current share price is 円203.00. ImageONE Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円210.21. ImageONE Co's Cyclically Adjusted PB Ratio for today is 0.97.

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

TSE:2667' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 3.5   Max: 6.85
Current: 1

During the past years, ImageONE Co's highest Cyclically Adjusted PB Ratio was 6.85. The lowest was 0.78. And the median was 3.50.

TSE:2667's Cyclically Adjusted PB Ratio is ranked better than
72.42% of 1664 companies
in the Hardware industry
Industry Median: 1.74 vs TSE:2667: 1.00

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.

ImageONE Co's adjusted book value per share data for the three months ended in Mar. 2024 was 円133.838. 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210.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ImageONE Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ImageONE 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.

ImageONE Co Cyclically Adjusted PB Ratio Chart

ImageONE Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.76 2.66 4.96 3.98 3.06

ImageONE Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.48 3.75 3.06 1.56 1.70

Competitive Comparison of ImageONE Co's Cyclically Adjusted PB Ratio

For the Scientific & Technical Instruments subindustry, ImageONE 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.


ImageONE Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, ImageONE Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



ImageONE 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=203.00/210.21
=0.97

* 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.

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

For example, ImageONE Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=133.838/107.2000*107.2000
=133.838

Current CPI (Mar. 2024) = 107.2000.

ImageONE Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 109.466 98.000 119.742
201409 124.508 98.500 135.505
201412 102.979 97.900 112.761
201503 123.990 97.900 135.768
201506 138.456 98.400 150.838
201509 120.862 98.500 131.537
201512 121.176 98.100 132.417
201603 177.857 97.900 194.753
201606 167.674 98.100 183.228
201609 183.188 98.000 200.385
201612 169.733 98.400 184.912
201703 172.932 98.100 188.974
201706 160.921 98.500 175.134
201709 169.520 98.800 183.933
201712 177.918 99.400 191.879
201803 179.022 99.200 193.459
201806 220.913 99.200 238.729
201809 251.160 99.900 269.513
201812 242.740 99.700 261.000
201903 197.754 99.700 212.630
201906 180.522 99.800 193.907
201909 287.957 100.100 308.382
201912 258.813 100.500 276.067
202003 254.765 100.300 272.291
202006 248.232 99.900 266.371
202009 228.998 99.900 245.732
202012 208.082 99.300 224.636
202103 226.473 99.900 243.022
202106 294.635 99.500 317.436
202109 258.513 100.100 276.849
202112 244.674 100.100 262.028
202203 244.306 101.100 259.047
202206 232.092 101.800 244.403
202209 229.866 103.100 239.007
202212 235.943 104.100 242.969
202303 241.107 104.400 247.573
202306 230.947 105.200 235.338
202309 169.480 106.200 171.076
202312 150.892 106.800 151.457
202403 133.838 107.200 133.838

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.


ImageONE Co  (TSE:2667) 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.


ImageONE Co Cyclically Adjusted PB Ratio Related Terms

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


ImageONE Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
Shinjuku-ku, Shinjuku East Square, 6th floor, Tokyo, JPN, 160-0022
ImageONE Co Ltd is a Japanese firm. It provides digital image information products and services in the fields of personal health, and national security and safety. Its healthcare solutions include a medical system and wearable electrocardiograph. GEO solution includes satellite image, sales of UAV, ground measurement instrument, various image processing software, and analysis service.

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