GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Toyo Suisan Kaisha Ltd (TSE:2875) » Definitions » Cyclically Adjusted PB Ratio

Toyo Suisan Kaisha (TSE:2875) Cyclically Adjusted PB Ratio : 3.63 (As of May. 21, 2024)


View and export this data going back to 1970. Start your Free Trial

What is Toyo Suisan Kaisha Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Toyo Suisan Kaisha's current share price is 円11535.00. Toyo Suisan Kaisha's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円3,175.37. Toyo Suisan Kaisha's Cyclically Adjusted PB Ratio for today is 3.63.

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

TSE:2875' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.47   Med: 1.98   Max: 3.62
Current: 3.49

During the past years, Toyo Suisan Kaisha's highest Cyclically Adjusted PB Ratio was 3.62. The lowest was 1.47. And the median was 1.98.

TSE:2875's Cyclically Adjusted PB Ratio is ranked worse than
80.76% of 1263 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs TSE:2875: 3.49

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.

Toyo Suisan Kaisha's adjusted book value per share data for the three months ended in Dec. 2023 was 円4,235.481. 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3,175.37 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toyo Suisan Kaisha Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Toyo Suisan Kaisha'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.

Toyo Suisan Kaisha Cyclically Adjusted PB Ratio Chart

Toyo Suisan Kaisha 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 2.20 1.85 1.62 1.87 -

Toyo Suisan Kaisha 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 1.87 2.14 1.88 2.29 -

Competitive Comparison of Toyo Suisan Kaisha's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Toyo Suisan Kaisha'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.


Toyo Suisan Kaisha's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Toyo Suisan Kaisha 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.

Toyo Suisan Kaisha's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11535.00/3175.37
=3.63

* 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.

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

For example, Toyo Suisan Kaisha'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)
=4235.481/106.8000*106.8000
=4,235.481

Current CPI (Dec. 2023) = 106.8000.

Toyo Suisan Kaisha Quarterly Data

Book Value per Share CPI Adj_Book
201403 2,188.854 95.700 2,442.734
201406 2,184.507 98.000 2,380.667
201409 2,285.195 98.500 2,477.755
201412 2,402.645 97.900 2,621.067
201503 2,444.958 97.900 2,667.227
201506 2,485.357 98.400 2,697.522
201509 2,498.331 98.500 2,708.850
201512 2,567.781 98.100 2,795.505
201603 2,500.999 97.900 2,728.363
201606 2,449.662 98.100 2,666.910
201609 2,479.957 98.000 2,702.647
201612 2,643.190 98.400 2,868.828
201703 2,655.420 98.100 2,890.916
201706 2,677.480 98.500 2,903.095
201709 2,725.751 98.800 2,946.460
201712 2,784.060 99.400 2,991.324
201803 2,740.683 99.200 2,950.655
201806 2,806.893 99.200 3,021.937
201809 2,867.678 99.900 3,065.746
201812 2,860.266 99.700 3,063.956
201903 2,904.533 99.700 3,111.375
201906 2,871.222 99.800 3,072.610
201909 2,918.916 100.100 3,114.288
201912 2,970.811 100.500 3,157.041
202003 3,002.546 100.300 3,197.128
202006 3,037.972 99.900 3,247.802
202009 3,086.792 99.900 3,299.994
202012 3,101.019 99.300 3,335.235
202103 3,245.515 99.900 3,469.680
202106 3,251.057 99.500 3,489.577
202109 3,317.885 100.100 3,539.961
202112 3,374.413 100.100 3,600.273
202203 3,474.865 101.100 3,670.777
202206 3,656.852 101.800 3,836.462
202209 3,798.870 103.100 3,935.202
202212 3,746.994 104.100 3,844.178
202303 3,840.034 104.400 3,928.311
202306 4,028.787 105.200 4,090.061
202309 4,223.337 106.200 4,247.198
202312 4,235.481 106.800 4,235.481

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.


Toyo Suisan Kaisha  (TSE:2875) 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.


Toyo Suisan Kaisha Cyclically Adjusted PB Ratio Related Terms

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


Toyo Suisan Kaisha (TSE:2875) Business Description

Traded in Other Exchanges
Address
2-13-40, Konan, Minato-ku, Tokyo, JPN, 108-8501
Toyo Suisan Kaisha Ltd is a Japanese packaged-food company. The business segments are: domestic instant noodles, overseas instant noodles, frozen and refrigerated food, processed food, cold storage segment, seafood segment and other. The instant noodles segments, domestic and international, account for slightly more than 50% of total sales. The seafood segment offers salmon, shrimps, and cod to convenience stores and mass retailers. The frozen and refrigerated foods segment offers fresh noodles, ramen noodles for commercial use, household product yakisoba noodles, and edamame (green soybean) varieties. The processed foods segment offers packed cooked rice products, freeze-dried products, and packet soups.

Toyo Suisan Kaisha (TSE:2875) Headlines

No Headlines