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Ichikawa Co (TSE:3513) Cyclically Adjusted PB Ratio : 0.39 (As of Jun. 03, 2025)


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What is Ichikawa Co Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Ichikawa Co's current share price is 円1675.00. Ichikawa Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円4,309.95. Ichikawa Co's Cyclically Adjusted PB Ratio for today is 0.39.

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

TSE:3513' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.38   Max: 0.53
Current: 0.39

During the past years, Ichikawa Co's highest Cyclically Adjusted PB Ratio was 0.53. The lowest was 0.30. And the median was 0.38.

TSE:3513's Cyclically Adjusted PB Ratio is ranked better than
73.36% of 229 companies
in the Forest Products industry
Industry Median: 0.76 vs TSE:3513: 0.39

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.

Ichikawa Co's adjusted book value per share data for the three months ended in Sep. 2024 was 円4,905.713. 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4,309.95 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ichikawa Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ichikawa 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.

Ichikawa Co Cyclically Adjusted PB Ratio Chart

Ichikawa Co 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 0.38 0.38 0.37 0.33 0.45

Ichikawa Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 0.33 0.38 0.38 0.45 0.38

Competitive Comparison of Ichikawa Co's Cyclically Adjusted PB Ratio

For the Paper & Paper Products subindustry, Ichikawa 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.


Ichikawa Co's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Ichikawa Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Ichikawa 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1675.00/4309.95
=0.39

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=4905.713/108.9000*108.9000
=4,905.713

Current CPI (Sep. 2024) = 108.9000.

Ichikawa Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 3,285.566 98.500 3,632.468
201412 3,340.748 97.900 3,716.113
201503 3,835.291 97.900 4,266.223
201506 3,906.320 98.400 4,323.153
201509 3,836.694 98.500 4,241.787
201512 3,853.052 98.100 4,277.241
201603 3,701.807 97.900 4,117.740
201606 3,607.490 98.100 4,004.645
201609 3,662.194 98.000 4,069.520
201612 3,772.427 98.400 4,174.973
201703 3,809.170 98.100 4,228.528
201706 3,848.179 98.500 4,254.484
201709 3,932.627 98.800 4,334.647
201712 3,968.853 99.400 4,348.170
201803 3,923.332 99.200 4,306.964
201806 3,895.860 99.200 4,276.806
201809 4,024.016 99.900 4,386.540
201812 3,852.685 99.700 4,208.199
201903 3,875.572 99.700 4,233.198
201906 3,782.630 99.800 4,127.539
201909 3,845.603 100.100 4,183.678
201912 3,866.362 100.500 4,189.521
202003 3,882.899 100.300 4,215.830
202006 3,876.676 99.900 4,225.926
202009 3,886.598 99.900 4,236.742
202012 3,903.419 99.300 4,280.789
202103 4,039.563 99.900 4,403.488
202106 3,979.754 99.500 4,355.731
202109 4,043.957 100.100 4,399.470
202112 4,033.330 100.100 4,387.908
202203 4,095.893 101.100 4,411.897
202206 4,124.544 101.800 4,412.209
202209 4,172.836 103.100 4,407.583
202212 4,243.602 104.100 4,439.272
202303 4,258.191 104.400 4,441.734
202306 4,368.283 105.200 4,521.920
202309 4,670.380 106.200 4,789.118
202312 4,639.464 106.800 4,730.689
202403 4,852.921 107.200 4,929.880
202409 4,905.713 108.900 4,905.713

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.


Ichikawa Co  (TSE:3513) 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.


Ichikawa Co Cyclically Adjusted PB Ratio Related Terms

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


Ichikawa Co Business Description

Traded in Other Exchanges
N/A
Address
2-14-15 Hongo, Bunkyo-ku, Hongo 2, Tokyo, JPN, 113-8442
Ichikawa Co Ltd is engaged in the manufacture and distribution of papermaking felts, papermaking belts, felts for slate and industrial felts in Japan. It offers papermaking press felts and belts, and shoe press and transfer belts; industrial products, such as heat-resistant conveyance equipment and cushioning material for use in the manufacture of car bodies, aluminum parts, and others.

Ichikawa Co Headlines

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