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Amiyaki Tei Co (TSE:2753) Cyclically Adjusted PB Ratio : 2.03 (As of Jun. 06, 2024)


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What is Amiyaki Tei Co Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Amiyaki Tei Co's current share price is 円6050.00. Amiyaki Tei Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円2,979.81. Amiyaki Tei Co's Cyclically Adjusted PB Ratio for today is 2.03.

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

TSE:2753' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.22   Max: 2.2
Current: 2.03

During the past years, Amiyaki Tei Co's highest Cyclically Adjusted PB Ratio was 2.20. The lowest was 1.01. And the median was 1.22.

TSE:2753's Cyclically Adjusted PB Ratio is ranked better than
51.29% of 232 companies
in the Restaurants industry
Industry Median: 2.09 vs TSE:2753: 2.03

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.

Amiyaki Tei Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円2,973.284. 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2,979.81 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amiyaki Tei Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Amiyaki Tei 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.

Amiyaki Tei Co Cyclically Adjusted PB Ratio Chart

Amiyaki Tei Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 1.23 1.17 1.10 1.07

Amiyaki Tei Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.03 1.07 1.26 1.27 1.28

Competitive Comparison of Amiyaki Tei Co's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, Amiyaki Tei 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.


Amiyaki Tei Co's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Amiyaki Tei Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Amiyaki Tei 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6050.00/2979.81
=2.03

* 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.

Amiyaki Tei Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Amiyaki Tei Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2973.284/106.8000*106.8000
=2,973.284

Current CPI (Dec. 2023) = 106.8000.

Amiyaki Tei Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 2,074.962 95.700 2,315.632
201406 2,132.052 98.000 2,323.502
201409 2,204.766 98.500 2,390.548
201412 2,248.277 97.900 2,452.666
201503 2,326.247 97.900 2,537.724
201506 2,359.975 98.400 2,561.436
201509 2,444.662 98.500 2,650.659
201512 2,476.638 98.100 2,696.279
201603 2,553.148 97.900 2,785.252
201606 2,579.284 98.100 2,808.028
201609 2,661.050 98.000 2,900.001
201612 2,671.271 98.400 2,899.306
201703 2,768.806 98.100 3,014.358
201706 2,793.482 98.500 3,028.872
201709 2,872.912 98.800 3,105.536
201712 2,891.601 99.400 3,106.871
201803 2,964.831 99.200 3,191.975
201806 2,990.383 99.200 3,219.485
201809 3,062.515 99.900 3,274.040
201812 3,061.493 99.700 3,279.513
201903 3,103.608 99.700 3,324.627
201906 3,112.661 99.800 3,330.984
201909 3,166.688 100.100 3,378.644
201912 3,131.790 100.500 3,328.111
202003 3,138.215 100.300 3,341.589
202006 2,960.219 99.900 3,164.679
202009 2,940.653 99.900 3,143.761
202012 2,905.900 99.300 3,125.379
202103 2,879.067 99.900 3,077.921
202106 2,868.553 99.500 3,079.010
202109 2,925.939 100.100 3,121.781
202112 2,935.284 100.100 3,131.752
202203 2,940.708 101.100 3,106.505
202206 2,931.217 101.800 3,075.186
202209 2,908.000 103.100 3,012.361
202212 2,897.340 104.100 2,972.487
202303 2,930.062 104.400 2,997.420
202306 2,925.681 105.200 2,970.178
202309 2,978.249 106.200 2,995.075
202312 2,973.284 106.800 2,973.284

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.


Amiyaki Tei Co  (TSE:2753) 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.


Amiyaki Tei Co Cyclically Adjusted PB Ratio Related Terms

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Amiyaki Tei Co (TSE:2753) Business Description

Traded in Other Exchanges
N/A
Address
5-12-1 Nyoisaru-cho, Aichi, JPN
Amiyaki Tei Co Ltd is a Japan based company engages in the operation of restaurant chains. Its Yakiniku business division operates restaurants under the names Amiyaki Tei and Suehirokan in the central Japan and Kanto areas.

Amiyaki Tei Co (TSE:2753) Headlines

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