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Kawada Technologies (TSE:3443) Cyclically Adjusted PB Ratio : 0.83 (As of Jun. 21, 2024)


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What is Kawada Technologies Cyclically Adjusted PB Ratio?

As of today (2024-06-21), Kawada Technologies's current share price is 円2658.00. Kawada Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円3,210.98. Kawada Technologies's Cyclically Adjusted PB Ratio for today is 0.83.

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

TSE:3443' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.65   Max: 1.41
Current: 0.86

During the past years, Kawada Technologies's highest Cyclically Adjusted PB Ratio was 1.41. The lowest was 0.37. And the median was 0.65.

TSE:3443's Cyclically Adjusted PB Ratio is ranked better than
60.69% of 1277 companies
in the Construction industry
Industry Median: 1.09 vs TSE:3443: 0.86

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.

Kawada Technologies's adjusted book value per share data for the three months ended in Dec. 2023 was 円4,546.528. 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3,210.98 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kawada Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kawada Technologies'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.

Kawada Technologies Cyclically Adjusted PB Ratio Chart

Kawada Technologies Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.66 0.46 0.43 -

Kawada Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.43 0.64 0.67 0.68 -

Competitive Comparison of Kawada Technologies's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Kawada Technologies'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.


Kawada Technologies's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kawada Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kawada Technologies 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.

Kawada Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2658.00/3210.98
=0.83

* 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.

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

For example, Kawada Technologies'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)
=4546.528/106.8000*106.8000
=4,546.528

Current CPI (Dec. 2023) = 106.8000.

Kawada Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,869.264 95.700 2,086.075
201406 1,793.922 98.000 1,955.009
201409 1,774.678 98.500 1,924.219
201412 1,789.243 97.900 1,951.901
201503 1,975.764 97.900 2,155.379
201506 2,001.627 98.400 2,172.498
201509 2,031.175 98.500 2,202.330
201512 2,042.702 98.100 2,223.859
201603 2,065.588 97.900 2,253.369
201606 2,148.567 98.100 2,339.113
201609 2,260.922 98.000 2,463.944
201612 2,359.877 98.400 2,561.330
201703 2,502.998 98.100 2,724.976
201706 2,445.893 98.500 2,651.994
201709 2,492.192 98.800 2,693.989
201712 2,589.853 99.400 2,782.659
201803 2,768.239 99.200 2,980.322
201806 2,781.882 99.200 2,995.010
201809 2,858.637 99.900 3,056.080
201812 2,962.115 99.700 3,173.058
201903 3,103.115 99.700 3,324.099
201906 3,049.462 99.800 3,263.352
201909 3,149.570 100.100 3,360.380
201912 3,256.187 100.500 3,460.306
202003 3,395.082 100.300 3,615.102
202006 3,407.901 99.900 3,643.282
202009 3,404.838 99.900 3,640.007
202012 3,471.768 99.300 3,733.986
202103 3,740.472 99.900 3,998.823
202106 3,794.512 99.500 4,072.903
202109 3,935.808 100.100 4,199.244
202112 3,962.178 100.100 4,227.379
202203 4,009.533 101.100 4,235.590
202206 3,967.197 101.800 4,162.050
202209 4,043.527 103.100 4,188.639
202212 4,119.559 104.100 4,226.406
202303 4,288.072 104.400 4,386.648
202306 4,256.525 105.200 4,321.263
202309 4,460.987 106.200 4,486.190
202312 4,546.528 106.800 4,546.528

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.


Kawada Technologies  (TSE:3443) 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.


Kawada Technologies Cyclically Adjusted PB Ratio Related Terms

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


Kawada Technologies (TSE:3443) Business Description

Traded in Other Exchanges
N/A
Address
1-3-11 Takinogawa, Kita-ku, Tokyo, JPN, 114-8563
Kawada Technologies Inc is a construction company. The company is involved in the design, manufacture, erection and installation of construction steel, the general architecture and system architecture, management of the group companies engaged in civil engineering and construction-related software development, such as business planning and management.

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