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DREAM VISION Co (TSE:3185) Cyclically Adjusted PB Ratio : 4.72 (As of Jun. 24, 2024)


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What is DREAM VISION Co Cyclically Adjusted PB Ratio?

As of today (2024-06-24), DREAM VISION Co's current share price is 円156.00. DREAM VISION Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円33.02. DREAM VISION Co's Cyclically Adjusted PB Ratio for today is 4.72.

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

TSE:3185' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.54   Med: 3.09   Max: 5.42
Current: 4.72

During the past years, DREAM VISION Co's highest Cyclically Adjusted PB Ratio was 5.42. The lowest was 2.54. And the median was 3.09.

TSE:3185's Cyclically Adjusted PB Ratio is ranked worse than
86.56% of 774 companies
in the Retail - Cyclical industry
Industry Median: 1.16 vs TSE:3185: 4.72

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.

DREAM VISION Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円5.130. 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33.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


DREAM VISION Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for DREAM VISION 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.

DREAM VISION Co Cyclically Adjusted PB Ratio Chart

DREAM VISION Co Annual Data
Trend Sep13 Sep14 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.90

DREAM VISION 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 2.92 2.90 2.76 3.63 4.79

Competitive Comparison of DREAM VISION Co's Cyclically Adjusted PB Ratio

For the Internet Retail subindustry, DREAM VISION 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.


DREAM VISION Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, DREAM VISION Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



DREAM VISION 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.

DREAM VISION Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=156.00/33.02
=4.72

* 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.

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

For example, DREAM VISION 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)
=5.13/106.8000*106.8000
=5.130

Current CPI (Dec. 2023) = 106.8000.

DREAM VISION Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 333.915 95.700 372.645
201406 264.284 98.000 288.016
201409 82.721 98.500 89.691
201412 47.547 97.900 51.869
201503 0.000 97.900 0.000
201506 27.186 98.400 29.507
201509 18.773 98.500 20.355
201512 10.416 98.100 11.340
201603 -26.795 97.900 -29.231
201606 -31.087 98.100 -33.844
201609 -42.894 98.000 -46.746
201612 -38.076 98.400 -41.326
201703 -43.759 98.100 -47.640
201706 37.493 98.500 40.652
201709 37.557 98.800 40.598
201712 25.239 99.400 27.118
201803 7.059 99.200 7.600
201806 14.092 99.200 15.172
201809 61.502 99.900 65.750
201812 66.614 99.700 71.358
201903 47.641 99.700 51.034
201906 -2.546 99.800 -2.725
201909 -0.628 100.100 -0.670
201912 0.130 100.500 0.138
202003 32.017 100.300 34.092
202006 28.997 99.900 31.000
202009 13.856 99.900 14.813
202012 18.568 99.300 19.970
202103 14.879 99.900 15.907
202106 15.072 99.500 16.178
202109 13.037 100.100 13.910
202112 22.172 100.100 23.656
202203 19.714 101.100 20.825
202206 20.339 101.800 21.338
202209 21.628 103.100 22.404
202212 25.237 104.100 25.892
202303 18.802 104.400 19.234
202306 16.899 105.200 17.156
202309 5.500 106.200 5.531
202312 5.130 106.800 5.130

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.


DREAM VISION Co  (TSE:3185) 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.


DREAM VISION Co Cyclically Adjusted PB Ratio Related Terms

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


DREAM VISION Co (TSE:3185) Business Description

Traded in Other Exchanges
N/A
Address
3-2-1 Ishibashi, Ikeda-shi, Osaka, JPN, 563-0032
DREAM VISION Co Ltd operates online shopping sites for the sales of clothing, shoes, and miscellaneous goods. The company is also engaged in the business of toys.

DREAM VISION Co (TSE:3185) Headlines

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