GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Intertrade Co Ltd (TSE:3747) » Definitions » Cyclically Adjusted PB Ratio

Intertrade Co (TSE:3747) Cyclically Adjusted PB Ratio : 1.68 (As of Dec. 14, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Intertrade Co Cyclically Adjusted PB Ratio?

As of today (2024-12-14), Intertrade Co's current share price is 円333.00. Intertrade Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円198.11. Intertrade Co's Cyclically Adjusted PB Ratio for today is 1.68.

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

TSE:3747' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.97   Max: 3.7
Current: 1.86

During the past years, Intertrade Co's highest Cyclically Adjusted PB Ratio was 3.70. The lowest was 0.76. And the median was 1.97.

TSE:3747's Cyclically Adjusted PB Ratio is ranked worse than
59.53% of 598 companies
in the Capital Markets industry
Industry Median: 1.475 vs TSE:3747: 1.86

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.

Intertrade Co's adjusted book value per share data for the three months ended in Mar. 2024 was 円186.403. 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198.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Intertrade Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Intertrade 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.

Intertrade Co Cyclically Adjusted PB Ratio Chart

Intertrade Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.57 2.14 2.59 1.99 1.93

Intertrade Co 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 1.84 2.22 1.93 1.95 2.21

Competitive Comparison of Intertrade Co's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Intertrade 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.


Intertrade Co's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Intertrade Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Intertrade 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=333.00/198.11
=1.68

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=186.403/107.2000*107.2000
=186.403

Current CPI (Mar. 2024) = 107.2000.

Intertrade Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 295.336 98.000 323.061
201409 292.276 98.500 318.091
201412 276.110 97.900 302.339
201503 281.409 97.900 308.141
201506 248.779 98.400 271.028
201509 244.505 98.500 266.101
201512 239.922 98.100 262.178
201603 238.282 97.900 260.918
201606 236.296 98.100 258.215
201609 244.365 98.000 267.305
201612 232.422 98.400 253.208
201703 235.447 98.100 257.288
201706 207.217 98.500 225.519
201709 194.947 98.800 211.521
201712 185.366 99.400 199.912
201803 176.899 99.200 191.165
201806 172.662 99.200 186.586
201809 147.901 99.900 158.709
201812 132.339 99.700 142.294
201903 122.128 99.700 131.315
201906 103.494 99.800 111.168
201909 101.574 100.100 108.779
201912 109.812 100.500 117.133
202003 118.723 100.300 126.890
202006 119.900 99.900 128.661
202009 126.290 99.900 135.518
202012 132.716 99.300 143.274
202103 129.705 99.900 139.183
202106 139.344 99.500 150.127
202109 154.340 100.100 165.287
202112 150.093 100.100 160.739
202203 164.439 101.100 174.361
202206 167.470 101.800 176.353
202209 178.591 103.100 185.693
202212 174.693 104.100 179.895
202303 179.677 104.400 184.496
202306 176.203 105.200 179.553
202309 183.682 106.200 185.412
202312 189.900 106.800 190.611
202403 186.403 107.200 186.403

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.


Intertrade Co  (TSE:3747) 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.


Intertrade Co Cyclically Adjusted PB Ratio Related Terms

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


Intertrade Co Business Description

Traded in Other Exchanges
N/A
Address
1st floor,Building No. 21, No. 17 3-chome Kayabacho Shinkawa, Chuo-ku, Tokyo, JPN, 104-0033
Intertrade Co Ltd offers securities dealing, foreign exchange margin trading, and exchange trading systems; and integrated management control platform, virtual engineering, and system integration/system engineering services. It is also engaged in the health food and cosmetic products business.

Intertrade Co Headlines

No Headlines