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Properst Co (TSE:3236) Cyclically Adjusted PB Ratio : 1.13 (As of Jun. 03, 2025)


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What is Properst Co Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Properst Co's current share price is 円190.00. Properst Co's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2024 was 円168.62. Properst Co's Cyclically Adjusted PB Ratio for today is 1.13.

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

TSE:3236' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.33   Max: 2.68
Current: 1.12

During the past years, Properst Co's highest Cyclically Adjusted PB Ratio was 2.68. The lowest was 0.93. And the median was 1.33.

TSE:3236's Cyclically Adjusted PB Ratio is ranked worse than
67.16% of 1343 companies
in the Real Estate industry
Industry Median: 0.69 vs TSE:3236: 1.12

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.

Properst Co's adjusted book value per share data for the three months ended in Nov. 2024 was 円337.045. 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168.62 for the trailing ten years ended in Nov. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Properst Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Properst 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.

Properst Co Cyclically Adjusted PB Ratio Chart

Properst Co Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.96 1.42 1.28 1.17

Properst Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24
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 1.08 1.13 1.09 1.17 0.98

Competitive Comparison of Properst Co's Cyclically Adjusted PB Ratio

For the Real Estate - Diversified subindustry, Properst 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.


Properst Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Properst Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Properst 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=190.00/168.62
=1.13

* 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.

Properst Co's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2024 is calculated as:

For example, Properst Co's adjusted Book Value per Share data for the three months ended in Nov. 2024 was:

Adj_Book=Book Value per Share/CPI of Nov. 2024 (Change)*Current CPI (Nov. 2024)
=337.045/110.0000*110.0000
=337.045

Current CPI (Nov. 2024) = 110.0000.

Properst Co Quarterly Data

Book Value per Share CPI Adj_Book
201411 40.035 97.900 44.983
201502 43.542 97.600 49.074
201505 43.776 98.700 48.788
201508 52.524 98.400 58.716
201511 60.155 98.100 67.452
201602 58.516 97.800 65.816
201605 61.943 98.200 69.386
201608 71.701 97.900 80.563
201611 75.237 98.600 83.936
201702 70.252 98.100 78.774
201705 80.611 98.600 89.931
201708 93.445 98.500 104.355
201711 99.526 99.100 110.473
201802 102.513 99.500 113.331
201805 104.354 99.300 115.599
201808 107.931 99.800 118.962
201811 116.327 100.000 127.960
201902 131.261 99.700 144.822
201905 128.291 100.000 141.120
201908 147.283 100.000 162.011
201911 153.796 100.500 168.334
202002 161.533 100.300 177.155
202005 158.629 100.100 174.318
202008 181.686 100.100 199.655
202011 185.531 99.500 205.110
202102 188.463 99.800 207.725
202105 180.839 99.400 200.124
202108 197.484 99.700 217.886
202111 201.532 100.100 221.464
202202 212.803 100.700 232.456
202205 211.837 101.800 228.900
202208 237.244 102.700 254.107
202211 256.356 103.900 271.407
202302 257.438 104.000 272.290
202305 255.464 105.100 267.374
202308 278.050 105.900 288.815
202311 303.979 106.900 312.794
202402 309.781 106.900 318.764
202405 307.670 108.100 313.078
202411 337.045 110.000 337.045

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.


Properst Co  (TSE:3236) 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.


Properst Co Cyclically Adjusted PB Ratio Related Terms

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


Properst Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
Minamioi 4-5-9, Shinagawa-ku, Tokyo, JPN, 1060045
Properst Co Ltd is a real estate developer. The company is engaged in the business of property of sale and development, rental property, and value up property. The projects of the company include shimogamuro project, nokata project, matsuan project, kikui town project, and nishikamo 2 project.

Properst Co Headlines

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