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Univa Oak Holdings (TSE:3113) Cyclically Adjusted PB Ratio : 0.66 (As of May. 27, 2024)


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What is Univa Oak Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-27), Univa Oak Holdings's current share price is 円83.00. Univa Oak Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円124.85. Univa Oak Holdings's Cyclically Adjusted PB Ratio for today is 0.66.

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

TSE:3113' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.74   Max: 1.6
Current: 0.67

During the past years, Univa Oak Holdings's highest Cyclically Adjusted PB Ratio was 1.60. The lowest was 0.55. And the median was 0.74.

TSE:3113's Cyclically Adjusted PB Ratio is ranked better than
62.11% of 937 companies
in the Asset Management industry
Industry Median: 0.8 vs TSE:3113: 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.

Univa Oak Holdings's adjusted book value per share data for the three months ended in Dec. 2023 was 円42.398. 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124.85 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Univa Oak Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Univa Oak Holdings'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.

Univa Oak Holdings Cyclically Adjusted PB Ratio Chart

Univa Oak Holdings 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 1.17 0.58 0.80 0.63 0.65

Univa Oak Holdings 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 0.65 0.65 0.62 0.76 0.67

Competitive Comparison of Univa Oak Holdings's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Univa Oak Holdings'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.


Univa Oak Holdings's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Univa Oak Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Univa Oak Holdings 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.

Univa Oak Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=83.00/124.85
=0.66

* 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.

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

For example, Univa Oak Holdings'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)
=42.398/106.8000*106.8000
=42.398

Current CPI (Dec. 2023) = 106.8000.

Univa Oak Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 90.418 95.700 100.905
201406 93.385 98.000 101.771
201409 135.917 98.500 147.370
201412 139.005 97.900 151.642
201503 142.443 97.900 155.392
201506 169.714 98.400 184.202
201509 170.148 98.500 184.485
201512 155.889 98.100 169.714
201603 147.172 97.900 160.551
201606 142.368 98.100 154.994
201609 145.491 98.000 158.555
201612 149.770 98.400 162.555
201703 150.357 98.100 163.691
201706 174.949 98.500 189.691
201709 185.410 98.800 200.423
201712 180.768 99.400 194.226
201803 173.761 99.200 187.073
201806 161.737 99.200 174.128
201809 165.192 99.900 176.602
201812 151.788 99.700 162.597
201903 138.698 99.700 148.575
201906 117.916 99.800 126.187
201909 112.486 100.100 120.015
201912 111.138 100.500 118.105
202003 101.200 100.300 107.758
202006 105.672 99.900 112.971
202009 96.919 99.900 103.613
202012 90.230 99.300 97.045
202103 88.907 99.900 95.048
202106 81.322 99.500 87.288
202109 72.820 100.100 77.694
202112 65.942 100.100 70.356
202203 59.805 101.100 63.177
202206 60.466 101.800 63.436
202209 62.099 103.100 64.328
202212 56.814 104.100 58.288
202303 52.551 104.400 53.759
202306 53.379 105.200 54.191
202309 48.938 106.200 49.214
202312 42.398 106.800 42.398

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.


Univa Oak Holdings  (TSE:3113) 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.


Univa Oak Holdings Cyclically Adjusted PB Ratio Related Terms

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


Univa Oak Holdings (TSE:3113) Business Description

Traded in Other Exchanges
N/A
Address
8-10-24 Akasaka, Minato-ku, Sumitomo Fudosan Akasaka Bldg. 6F, Tokyo, JPN, 107-0052
Univa Oak Holdings Ltd formerly Oak Capital Corp is a Japan-based company engaged in the investment banking business. The company operates through three business investment bank, business investment and brand investment. Its investment bank business is involved in the investments in the area of merger and acquisition and initial public offerings and other companies. It also invests in various projects through business investment. The company's brand investment business comprises of investments in branded power companies to improve corporate value.

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