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Arata (TSE:2733) Cyclically Adjusted PB Ratio : 1.17 (As of Dec. 12, 2024)


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What is Arata Cyclically Adjusted PB Ratio?

As of today (2024-12-12), Arata's current share price is 円3065.00. Arata's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円2,611.06. Arata's Cyclically Adjusted PB Ratio for today is 1.17.

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

TSE:2733' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 1.15   Max: 2.6
Current: 1.16

During the past years, Arata's highest Cyclically Adjusted PB Ratio was 2.60. The lowest was 0.78. And the median was 1.15.

TSE:2733's Cyclically Adjusted PB Ratio is ranked better than
51.54% of 747 companies
in the Retail - Cyclical industry
Industry Median: 1.21 vs TSE:2733: 1.16

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.

Arata's adjusted book value per share data for the three months ended in Sep. 2024 was 円3,368.519. 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2,611.06 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arata Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Arata'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.

Arata Cyclically Adjusted PB Ratio Chart

Arata Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 1.24 0.86 0.88 1.30

Arata Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.15 1.26 1.30 - 1.39

Competitive Comparison of Arata's Cyclically Adjusted PB Ratio

For the Department Stores subindustry, Arata'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.


Arata's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Arata's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Arata 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3065.00/2611.06
=1.17

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=3368.519/108.9000*108.9000
=3,368.519

Current CPI (Sep. 2024) = 108.9000.

Arata Quarterly Data

Book Value per Share CPI Adj_Book
201412 1,709.294 97.900 1,901.350
201503 1,748.139 97.900 1,944.559
201506 1,777.655 98.400 1,967.344
201509 1,794.684 98.500 1,984.173
201512 1,835.780 98.100 2,037.884
201603 1,813.762 97.900 2,017.555
201606 1,789.664 98.100 1,986.691
201609 1,827.060 98.000 2,030.274
201612 1,884.142 98.400 2,085.194
201703 2,027.209 98.100 2,250.388
201706 2,107.941 98.500 2,330.505
201709 2,093.282 98.800 2,307.271
201712 2,181.200 99.400 2,389.665
201803 2,142.677 99.200 2,352.193
201806 2,182.047 99.200 2,395.412
201809 2,293.349 99.900 2,499.957
201812 2,285.655 99.700 2,496.568
201903 2,273.368 99.700 2,483.147
201906 2,290.765 99.800 2,499.642
201909 2,332.769 100.100 2,537.848
201912 2,379.483 100.500 2,578.365
202003 2,430.597 100.300 2,639.003
202006 2,518.687 99.900 2,745.596
202009 2,596.748 99.900 2,830.689
202012 2,645.192 99.300 2,900.921
202103 2,666.325 99.900 2,906.534
202106 2,695.620 99.500 2,950.282
202109 2,780.226 100.100 3,024.641
202112 2,796.602 100.100 3,042.457
202203 2,815.620 101.100 3,032.849
202206 2,856.231 101.800 3,055.438
202209 2,926.854 103.100 3,091.507
202212 2,973.086 104.100 3,110.174
202303 2,988.434 104.400 3,117.246
202306 3,058.589 105.200 3,166.163
202309 3,140.117 106.200 3,219.950
202312 3,186.931 106.800 3,249.595
202403 3,252.242 107.200 3,303.817
202406 0.000 108.200 0.000
202409 3,368.519 108.900 3,368.519

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.


Arata  (TSE:2733) 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.


Arata Cyclically Adjusted PB Ratio Related Terms

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


Arata Business Description

Traded in Other Exchanges
N/A
Address
2-10-4, Hamamatsu-Cho, Minato-Ku, Tokyo, JPN
Arata Corp is engaged in wholesale trade of household goods such as pet supplies, cosmetics. Its products include supplies-pet household goods, paper, toiletries, cosmetics.

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