GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Tabio Corp (TSE:2668) » Definitions » Cyclically Adjusted PB Ratio

Tabio (TSE:2668) Cyclically Adjusted PB Ratio : 1.54 (As of Jun. 10, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Tabio Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Tabio's current share price is 円1205.00. Tabio's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円784.50. Tabio's Cyclically Adjusted PB Ratio for today is 1.54.

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

TSE:2668' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.11   Med: 1.35   Max: 1.61
Current: 1.54

During the past years, Tabio's highest Cyclically Adjusted PB Ratio was 1.61. The lowest was 1.11. And the median was 1.35.

TSE:2668's Cyclically Adjusted PB Ratio is ranked worse than
63.01% of 838 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.06 vs TSE:2668: 1.54

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.

Tabio's adjusted book value per share data for the three months ended in Feb. 2024 was 円658.015. 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784.50 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tabio Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tabio'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.

Tabio Cyclically Adjusted PB Ratio Chart

Tabio Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 1.30 1.30 1.41 1.53

Tabio Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.41 1.38 1.43 1.49 1.53

Competitive Comparison of Tabio's Cyclically Adjusted PB Ratio

For the Apparel Manufacturing subindustry, Tabio'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.


Tabio's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tabio's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Tabio 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.

Tabio's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1205.00/784.5
=1.54

* 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.

Tabio's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=658.015/106.9000*106.9000
=658.015

Current CPI (Feb. 2024) = 106.9000.

Tabio Quarterly Data

Book Value per Share CPI Adj_Book
201405 798.235 98.100 869.840
201408 782.164 98.300 850.593
201411 809.202 97.900 883.592
201502 822.134 97.600 900.473
201505 820.267 98.700 888.415
201508 801.085 98.400 870.284
201511 831.205 98.100 905.768
201602 849.566 97.800 928.616
201605 835.084 98.200 909.068
201608 829.663 97.900 905.934
201611 847.323 98.600 918.649
201702 851.569 98.100 927.958
201705 827.861 98.600 897.549
201708 806.492 98.500 875.269
201711 832.446 99.100 897.966
201802 844.353 99.500 907.149
201805 835.688 99.300 899.648
201808 816.515 99.800 874.604
201811 842.143 100.000 900.251
201902 866.189 99.700 928.742
201905 857.620 100.000 916.796
201908 834.262 100.000 891.826
201911 842.180 100.500 895.811
202002 835.776 100.300 890.772
202005 657.570 100.100 702.240
202008 622.086 100.100 664.346
202011 608.270 99.500 653.508
202102 575.430 99.800 616.367
202105 550.850 99.400 592.413
202108 522.987 99.700 560.755
202111 551.045 100.100 588.479
202202 586.413 100.700 622.518
202205 563.461 101.800 591.689
202208 547.665 102.700 570.062
202211 569.569 103.900 586.015
202302 591.924 104.000 608.430
202305 598.155 105.100 608.399
202308 591.550 105.900 597.136
202311 624.010 106.900 624.010
202402 658.015 106.900 658.015

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.


Tabio  (TSE:2668) 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.


Tabio Cyclically Adjusted PB Ratio Related Terms

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


Tabio (TSE:2668) Business Description

Traded in Other Exchanges
N/A
Address
Osaka-shi Nanbanaka chome 10 Number 70 Number, Namba Parks in Parks Tower 16F, Naniwa-ku, Osaka, JPN, 556-0011
Tabio Corp is a Japan-based company engaged in the planning, manufacturing, wholesale, and retail of socks, hosiery, and tights. The company also offers pantyhose/stockings, leggings, leg warmers, rubber mouth looses, and other related products.

Tabio (TSE:2668) Headlines

No Headlines