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Apple International Co (TSE:2788) Cyclically Adjusted PB Ratio : 0.67 (As of Jun. 03, 2025)


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What is Apple International Co Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Apple International Co's current share price is 円365.00. Apple International Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円545.69. Apple International Co's Cyclically Adjusted PB Ratio for today is 0.67.

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

TSE:2788' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.61   Max: 1.14
Current: 0.67

During the past years, Apple International Co's highest Cyclically Adjusted PB Ratio was 1.14. The lowest was 0.25. And the median was 0.61.

TSE:2788's Cyclically Adjusted PB Ratio is ranked better than
70.2% of 990 companies
in the Vehicles & Parts industry
Industry Median: 1.25 vs TSE:2788: 0.67

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.

Apple International Co's adjusted book value per share data for the three months ended in Dec. 2024 was 円746.681. 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545.69 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apple International Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Apple International 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.

Apple International Co Cyclically Adjusted PB Ratio Chart

Apple International Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.52 0.78 0.80 0.78

Apple International Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24
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 1.01 0.80 0.73 1.11 0.78

Competitive Comparison of Apple International Co's Cyclically Adjusted PB Ratio

For the Auto & Truck Dealerships subindustry, Apple International 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.


Apple International Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Apple International Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Apple International 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=365.00/545.69
=0.67

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=746.681/110.7000*110.7000
=746.681

Current CPI (Dec. 2024) = 110.7000.

Apple International Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 361.429 97.900 408.684
201503 368.089 97.900 416.215
201506 384.514 98.400 432.578
201509 389.823 98.500 438.106
201512 464.057 98.100 523.661
201603 484.807 97.900 548.193
201606 536.955 98.100 605.922
201609 551.117 98.000 622.537
201612 554.145 98.400 623.413
201703 551.438 98.100 622.265
201706 521.152 98.500 585.701
201709 527.816 98.800 591.389
201712 531.667 99.400 592.108
201803 524.150 99.200 584.913
201806 405.391 99.200 452.387
201809 413.055 99.900 457.710
201812 411.284 99.700 456.661
201903 409.397 99.700 454.566
201906 414.386 99.800 459.645
201909 415.527 100.100 459.529
201912 418.395 100.500 460.859
202003 414.671 100.300 457.668
202006 421.913 99.900 467.525
202009 428.911 99.900 475.280
202012 437.924 99.300 488.199
202103 449.277 99.900 497.847
202106 453.243 99.500 504.261
202109 452.638 100.100 500.570
202112 462.239 100.100 511.187
202203 486.737 101.100 532.955
202206 502.402 101.800 546.325
202209 561.485 103.100 602.875
202212 577.927 104.100 614.568
202303 597.826 104.400 633.902
202306 637.888 105.200 671.238
202309 657.453 106.200 685.311
202312 656.870 106.800 680.857
202403 675.772 107.200 697.835
202406 699.381 108.200 715.540
202412 746.681 110.700 746.681

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.


Apple International Co  (TSE:2788) 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.


Apple International Co Cyclically Adjusted PB Ratio Related Terms

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


Apple International Co Business Description

Traded in Other Exchanges
Address
No.3-3 Yokkaichi, Mie Prefecture Hinaga 2-chome, Yokkaichi-shi, JPN, 510-0885
Apple International Co Ltd is a second-hand car exporter. Its purchase and sales used cars. It exports used cars and related auto-parts to South-Eastern countries.

Apple International Co Headlines

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