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Ik Holdings Co (TSE:2722) Cyclically Adjusted PB Ratio : 1.37 (As of May. 27, 2024)


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What is Ik Holdings Co Cyclically Adjusted PB Ratio?

As of today (2024-05-27), Ik Holdings Co's current share price is 円432.00. Ik Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円315.61. Ik Holdings Co's Cyclically Adjusted PB Ratio for today is 1.37.

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

TSE:2722' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.03   Med: 1.47   Max: 4.75
Current: 1.37

During the past years, Ik Holdings Co's highest Cyclically Adjusted PB Ratio was 4.75. The lowest was 1.03. And the median was 1.47.

TSE:2722's Cyclically Adjusted PB Ratio is ranked better than
53.64% of 220 companies
in the Retail - Defensive industry
Industry Median: 1.55 vs TSE:2722: 1.37

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.

Ik Holdings Co's adjusted book value per share data for the three months ended in Feb. 2024 was 円265.500. 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315.61 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ik Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ik Holdings 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.

Ik Holdings Co Cyclically Adjusted PB Ratio Chart

Ik Holdings Co Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.57 2.75 1.77 1.26

Ik Holdings Co 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 1.22 1.26 1.24 1.08 1.15

Competitive Comparison of Ik Holdings Co's Cyclically Adjusted PB Ratio

For the Discount Stores subindustry, Ik Holdings 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.


Ik Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Ik Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ik Holdings 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=432.00/315.61
=1.37

* 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.

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

For example, Ik Holdings Co'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)
=265.5/106.9000*106.9000
=265.500

Current CPI (Feb. 2024) = 106.9000.

Ik Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 207.996 98.100 226.654
201408 192.464 98.300 209.302
201411 199.628 97.900 217.980
201502 203.602 97.600 223.003
201505 197.299 98.700 213.691
201508 192.181 98.400 208.782
201511 192.249 98.100 209.495
201602 198.363 97.800 216.820
201605 202.385 98.200 220.315
201608 201.929 97.900 220.492
201611 218.047 98.600 236.402
201702 239.088 98.100 260.535
201705 254.763 98.600 276.209
201708 267.707 98.500 290.537
201711 297.412 99.100 320.821
201802 304.337 99.500 326.971
201805 337.582 99.300 363.419
201808 332.785 99.800 356.460
201811 347.280 100.000 371.242
201902 350.827 99.700 376.163
201905 359.607 100.000 384.420
201908 336.353 100.000 359.561
201911 347.681 100.500 369.822
202002 366.599 100.300 390.722
202005 386.007 100.100 412.229
202008 388.027 100.100 414.386
202011 419.851 99.500 451.076
202102 465.910 99.800 499.056
202105 453.406 99.400 487.617
202108 414.307 99.700 444.227
202111 367.229 100.100 392.176
202202 363.479 100.700 385.858
202205 326.397 101.800 342.749
202208 304.122 102.700 316.559
202211 291.794 103.900 300.219
202302 284.332 104.000 292.260
202305 256.338 105.100 260.728
202308 250.801 105.900 253.169
202311 256.971 106.900 256.971
202402 265.500 106.900 265.500

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.


Ik Holdings Co  (TSE:2722) 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.


Ik Holdings Co Cyclically Adjusted PB Ratio Related Terms

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


Ik Holdings Co (TSE:2722) Business Description

Traded in Other Exchanges
N/A
Address
Nakamura-ku Meieki three chome, No. 26 No. 8 KDX Nagoya building fifth floor, Aichi Prefecture, Nagoya, JPN, 450-0002
Ik Holdings Co Ltd is engaged in the development and distribution of cosmetic products.

Ik Holdings Co (TSE:2722) Headlines

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