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Yutaka Foods (TSE:2806) Cyclically Adjusted PB Ratio : 0.62 (As of Jun. 21, 2024)


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What is Yutaka Foods Cyclically Adjusted PB Ratio?

As of today (2024-06-21), Yutaka Foods's current share price is 円1821.00. Yutaka Foods's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円2,918.22. Yutaka Foods's Cyclically Adjusted PB Ratio for today is 0.62.

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

TSE:2806' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.71   Max: 0.91
Current: 0.63

During the past years, Yutaka Foods's highest Cyclically Adjusted PB Ratio was 0.91. The lowest was 0.60. And the median was 0.71.

TSE:2806's Cyclically Adjusted PB Ratio is ranked better than
78.22% of 1373 companies
in the Consumer Packaged Goods industry
Industry Median: 1.36 vs TSE:2806: 0.63

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.

Yutaka Foods's adjusted book value per share data for the three months ended in Dec. 2023 was 円3,155.086. 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2,918.22 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yutaka Foods Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Yutaka Foods'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.

Yutaka Foods Cyclically Adjusted PB Ratio Chart

Yutaka Foods 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 0.67 0.75 0.69 0.73 -

Yutaka Foods Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.73 0.67 0.63 0.63 -

Competitive Comparison of Yutaka Foods's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Yutaka Foods'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.


Yutaka Foods's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yutaka Foods's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Yutaka Foods 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.

Yutaka Foods's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1821.00/2918.22
=0.62

* 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.

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

For example, Yutaka Foods'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)
=3155.086/106.8000*106.8000
=3,155.086

Current CPI (Dec. 2023) = 106.8000.

Yutaka Foods Quarterly Data

Book Value per Share CPI Adj_Book
201403 2,225.550 95.700 2,483.686
201406 2,225.094 98.000 2,424.898
201409 1,864.114 98.500 2,021.192
201412 1,890.989 97.900 2,062.897
201503 2,427.965 97.900 2,648.689
201506 2,465.092 98.400 2,675.527
201509 2,484.951 98.500 2,694.343
201512 2,512.149 98.100 2,734.939
201603 2,513.099 97.900 2,741.563
201606 2,520.871 98.100 2,744.434
201609 2,554.689 98.000 2,784.090
201612 2,596.855 98.400 2,818.538
201703 2,618.199 98.100 2,850.394
201706 2,652.450 98.500 2,875.956
201709 2,695.048 98.800 2,913.271
201712 2,725.270 99.400 2,928.157
201803 2,755.987 99.200 2,967.131
201806 2,742.027 99.200 2,952.102
201809 2,788.511 99.900 2,981.111
201812 2,732.097 99.700 2,926.660
201903 2,767.959 99.700 2,965.075
201906 2,779.041 99.800 2,973.964
201909 2,795.016 100.100 2,982.095
201912 2,811.422 100.500 2,987.660
202003 2,838.664 100.300 3,022.625
202006 2,860.971 99.900 3,058.576
202009 2,893.065 99.900 3,092.886
202012 2,911.055 99.300 3,130.923
202103 2,948.813 99.900 3,152.485
202106 2,971.696 99.500 3,189.720
202109 3,015.592 100.100 3,217.435
202112 3,022.932 100.100 3,225.266
202203 3,048.747 101.100 3,220.635
202206 3,067.313 101.800 3,217.967
202209 3,081.274 103.100 3,191.853
202212 3,093.076 104.100 3,173.300
202303 3,116.162 104.400 3,187.798
202306 3,131.850 105.200 3,179.483
202309 3,156.749 106.200 3,174.584
202312 3,155.086 106.800 3,155.086

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.


Yutaka Foods  (TSE:2806) 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.


Yutaka Foods Cyclically Adjusted PB Ratio Related Terms

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


Yutaka Foods (TSE:2806) Business Description

Traded in Other Exchanges
N/A
Address
1 at address 34, Aichi Prefecture, Kawawaki, Taketoyo, JPN, 470-2395
Yutaka Foods Corp manufactures and sells food products. It operates in four business segments namely liquid seasoning product segment, powder food product segment, chilled food product segment & the instant noodle segment.

Yutaka Foods (TSE:2806) Headlines

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