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AZUMA HOUSE Co (TSE:3293) Cyclically Adjusted PB Ratio : 0.41 (As of Jun. 06, 2024)


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What is AZUMA HOUSE Co Cyclically Adjusted PB Ratio?

As of today (2024-06-06), AZUMA HOUSE Co's current share price is 円766.00. AZUMA HOUSE Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,856.00. AZUMA HOUSE Co's Cyclically Adjusted PB Ratio for today is 0.41.

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

TSE:3293' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.42   Max: 0.43
Current: 0.41

During the past years, AZUMA HOUSE Co's highest Cyclically Adjusted PB Ratio was 0.43. The lowest was 0.40. And the median was 0.42.

TSE:3293's Cyclically Adjusted PB Ratio is ranked better than
67.29% of 1382 companies
in the Real Estate industry
Industry Median: 0.705 vs TSE:3293: 0.41

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.

AZUMA HOUSE Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円2,041.466. 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1,856.00 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


AZUMA HOUSE Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AZUMA HOUSE 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.

AZUMA HOUSE Co Cyclically Adjusted PB Ratio Chart

AZUMA HOUSE Co 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 - - - - 0.42

AZUMA HOUSE 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 - 0.42 0.42 0.42 0.41

Competitive Comparison of AZUMA HOUSE Co's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, AZUMA HOUSE 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.


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

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

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



AZUMA HOUSE 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=766.00/1856
=0.41

* 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.

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

For example, AZUMA HOUSE 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)
=2041.466/106.8000*106.8000
=2,041.466

Current CPI (Dec. 2023) = 106.8000.

AZUMA HOUSE Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,422.706 95.700 1,587.722
201406 1,396.913 98.000 1,522.350
201409 1,429.837 98.500 1,550.321
201412 1,469.287 97.900 1,602.859
201503 1,490.461 97.900 1,625.957
201506 1,478.354 98.400 1,604.555
201509 1,492.944 98.500 1,618.745
201512 1,527.927 98.100 1,663.431
201603 1,535.957 97.900 1,675.589
201606 1,528.137 98.100 1,663.660
201609 1,558.211 98.000 1,698.132
201612 1,601.492 98.400 1,738.205
201703 1,626.586 98.100 1,770.840
201706 1,622.259 98.500 1,758.957
201709 1,650.645 98.800 1,784.300
201712 1,682.094 99.400 1,807.320
201803 1,706.063 99.200 1,836.769
201806 1,693.678 99.200 1,823.436
201809 1,726.084 99.900 1,845.303
201812 1,751.055 99.700 1,875.754
201903 1,785.693 99.700 1,912.859
201906 1,773.029 99.800 1,897.390
201909 1,806.568 100.100 1,927.487
201912 1,832.519 100.500 1,947.393
202003 1,839.563 100.300 1,958.777
202006 1,823.082 99.900 1,949.001
202009 1,847.725 99.900 1,975.346
202012 1,879.430 99.300 2,021.381
202103 1,904.370 99.900 2,035.903
202106 1,884.803 99.500 2,023.085
202109 1,913.322 100.100 2,041.387
202112 1,940.040 100.100 2,069.893
202203 1,966.709 101.100 2,077.592
202206 1,957.462 101.800 2,053.605
202209 1,985.349 103.100 2,056.598
202212 1,991.128 104.100 2,042.771
202303 2,008.283 104.400 2,054.450
202306 2,015.353 105.200 2,046.005
202309 2,041.673 106.200 2,053.208
202312 2,041.466 106.800 2,041.466

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.


AZUMA HOUSE Co  (TSE:3293) 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.


AZUMA HOUSE Co Cyclically Adjusted PB Ratio Related Terms

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AZUMA HOUSE Co (TSE:3293) Business Description

Traded in Other Exchanges
N/A
Address
Azma House Building 3rd Floor, Kuroda 1 - chome 2 - 17, Wakayama, JPN, 6408341
AZUMA HOUSE Co.,Ltd. is a real estate company engaged in construction and distribution of residential houses built for sale, the sale of land and the provision of building renovation service and real estate brokerage service.

AZUMA HOUSE Co (TSE:3293) Headlines

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