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Zappallas (TSE:3770) Cyclically Adjusted PB Ratio : 0.74 (As of Jun. 21, 2024)


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What is Zappallas Cyclically Adjusted PB Ratio?

As of today (2024-06-21), Zappallas's current share price is 円438.00. Zappallas's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was 円589.45. Zappallas's Cyclically Adjusted PB Ratio for today is 0.74.

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

TSE:3770' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.66   Max: 1.01
Current: 0.73

During the past years, Zappallas's highest Cyclically Adjusted PB Ratio was 1.01. The lowest was 0.40. And the median was 0.66.

TSE:3770's Cyclically Adjusted PB Ratio is ranked better than
75.92% of 299 companies
in the Interactive Media industry
Industry Median: 1.59 vs TSE:3770: 0.73

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.

Zappallas's adjusted book value per share data for the three months ended in Jan. 2024 was 円469.111. 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589.45 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zappallas Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Zappallas'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.

Zappallas Cyclically Adjusted PB Ratio Chart

Zappallas Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.56 0.92 0.71 0.60

Zappallas Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.59 0.60 0.62 0.69 0.74

Competitive Comparison of Zappallas's Cyclically Adjusted PB Ratio

For the Internet Content & Information subindustry, Zappallas'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.


Zappallas's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Zappallas's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Zappallas 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.

Zappallas's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=438.00/589.45
=0.74

* 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.

Zappallas's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=469.111/106.9000*106.9000
=469.111

Current CPI (Jan. 2024) = 106.9000.

Zappallas Quarterly Data

Book Value per Share CPI Adj_Book
201404 652.728 97.700 714.193
201407 632.572 98.100 689.316
201410 648.418 98.200 705.864
201501 633.827 97.800 692.803
201504 663.782 98.400 721.121
201507 658.686 98.300 716.313
201510 672.160 98.500 729.481
201601 605.876 97.700 662.929
201604 605.220 98.100 659.511
201607 603.616 97.900 659.107
201610 604.975 98.600 655.901
201701 615.636 98.200 670.178
201704 615.862 98.500 668.382
201707 599.293 98.300 651.724
201710 586.352 98.800 634.423
201801 566.334 99.500 608.453
201804 543.308 99.100 586.071
201807 526.650 99.200 567.529
201810 524.815 100.200 559.907
201901 520.613 99.700 558.210
201904 514.235 100.000 549.717
201907 508.242 99.800 544.399
201910 507.632 100.400 540.497
202001 494.617 100.500 526.115
202004 497.962 100.200 531.259
202007 498.906 100.000 533.331
202010 500.926 99.800 536.563
202101 505.471 99.800 541.431
202104 519.989 99.100 560.916
202107 520.181 99.700 557.747
202110 526.261 99.900 563.136
202201 525.013 100.300 559.560
202204 508.456 101.500 535.507
202207 495.349 102.300 517.623
202210 487.306 103.700 502.343
202301 478.794 104.700 488.855
202304 473.325 105.100 481.431
202307 456.849 105.700 462.036
202310 466.052 107.100 465.182
202401 469.111 106.900 469.111

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.


Zappallas  (TSE:3770) 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.


Zappallas Cyclically Adjusted PB Ratio Related Terms

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


Zappallas (TSE:3770) Business Description

Traded in Other Exchanges
N/A
Address
9-7-1, Akasaka, Midtown Tower, 23rd Floor, Minato-ku, Tokyo, JPN
Zappallas Inc conducts business by supplying many kinds of services to general consumers and corporations, ranging from digital content to online shopping, mobile advertising, and solutions, in fortune-telling and related fields. The company has diversified its operations into three business divisions, Video streaming, Real-world events, and Divination services.

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