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Skylark Holdings Co (TSE:3197) Cyclically Adjusted PB Ratio : 3.42 (As of Apr. 29, 2024)


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What is Skylark Holdings Co Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Skylark Holdings Co's current share price is 円2262.00. Skylark Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円661.21. Skylark Holdings Co's Cyclically Adjusted PB Ratio for today is 3.42.

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

TSE:3197' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.76   Med: 3.27   Max: 3.68
Current: 3.42

During the past years, Skylark Holdings Co's highest Cyclically Adjusted PB Ratio was 3.68. The lowest was 2.76. And the median was 3.27.

TSE:3197's Cyclically Adjusted PB Ratio is ranked worse than
69.78% of 225 companies
in the Restaurants industry
Industry Median: 2.11 vs TSE:3197: 3.42

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.

Skylark Holdings Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円713.356. 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661.21 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Skylark Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Skylark Holdings 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.

Skylark Holdings Co Cyclically Adjusted PB Ratio Chart

Skylark Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 3.12

Skylark Holdings 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 - - 2.80 3.14 3.12

Competitive Comparison of Skylark Holdings Co's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, Skylark Holdings 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.


Skylark Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Skylark Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Skylark Holdings 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.

Skylark Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2262.00/661.21
=3.42

* 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.

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

For example, Skylark Holdings 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)
=713.356/106.8000*106.8000
=713.356

Current CPI (Dec. 2023) = 106.8000.

Skylark Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 95.700 0.000
201406 0.000 98.000 0.000
201409 455.356 98.500 493.726
201412 482.424 97.900 526.281
201503 483.196 97.900 527.123
201506 499.838 98.400 542.507
201509 514.644 98.500 558.010
201512 531.046 98.100 578.142
201603 524.537 97.900 572.222
201606 544.088 98.100 592.340
201609 561.190 98.000 611.583
201612 586.130 98.400 636.165
201703 583.113 98.100 634.826
201706 604.477 98.500 655.413
201709 621.502 98.800 671.826
201712 646.571 99.400 694.706
201803 634.738 99.200 683.367
201806 646.430 99.200 695.955
201809 656.005 99.900 701.315
201812 661.916 99.700 709.053
201903 645.608 99.700 691.584
201906 657.740 99.800 703.874
201909 675.345 100.100 720.548
201912 672.484 100.500 714.640
202003 663.593 100.300 706.598
202006 567.336 99.900 606.521
202009 588.586 99.900 629.239
202012 575.999 99.300 619.503
202103 568.025 99.900 607.258
202106 688.271 99.500 738.767
202109 702.152 100.100 749.149
202112 730.372 100.100 779.258
202203 716.561 101.100 756.961
202206 707.251 101.800 741.988
202209 699.269 103.100 724.364
202212 693.216 104.100 711.196
202303 688.834 104.400 704.669
202306 694.368 105.200 704.929
202309 712.838 106.200 716.865
202312 713.356 106.800 713.356

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.


Skylark Holdings Co  (TSE:3197) 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.


Skylark Holdings Co Cyclically Adjusted PB Ratio Related Terms

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


Skylark Holdings Co (TSE:3197) Business Description

Traded in Other Exchanges
Address
1-25-8 Nishikubo, Musashino-shi, Tokyo, JPN, 180-8580
Skylark Holdings Co Ltd formerly, Skylark Co Ltd owns nearly two dozen different restaurant brands that specialize in a variety of cuisines and concepts, including Western, Chinese, Japanese, Italian, Sushi, Steak, Buffets, Cafes, and Delicatessens. The company's biggest brands include Gusto, which serves Western food and accounts for nearly half of the company's total sales, Jonathan's, Bamiyan, Yumean, Grazie Gardens, and Steak Gusto. In total, Skylark operates roughly 3,000 restaurants that are located almost entirely in Japan, with more than half in the Tokyo area.

Skylark Holdings Co (TSE:3197) Headlines

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