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eBASE Co (TSE:3835) Cyclically Adjusted PB Ratio : 7.74 (As of Jun. 25, 2024)


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What is eBASE Co Cyclically Adjusted PB Ratio?

As of today (2024-06-25), eBASE Co's current share price is 円701.00. eBASE Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円90.52. eBASE Co's Cyclically Adjusted PB Ratio for today is 7.74.

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

TSE:3835' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.21   Med: 10.45   Max: 29.57
Current: 7.72

During the past years, eBASE Co's highest Cyclically Adjusted PB Ratio was 29.57. The lowest was 6.21. And the median was 10.45.

TSE:3835's Cyclically Adjusted PB Ratio is ranked worse than
85.26% of 1425 companies
in the Software industry
Industry Median: 2.57 vs TSE:3835: 7.72

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.

eBASE Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円143.518. 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90.52 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


eBASE Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for eBASE 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.

eBASE Co Cyclically Adjusted PB Ratio Chart

eBASE 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 13.67 14.57 16.09 8.26 8.49

eBASE 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 7.19 8.49 9.05 7.54 8.64

Competitive Comparison of eBASE Co's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, eBASE 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.


eBASE Co's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, eBASE Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



eBASE 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=701.00/90.52
=7.74

* 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.

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

For example, eBASE 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)
=143.518/106.8000*106.8000
=143.518

Current CPI (Dec. 2023) = 106.8000.

eBASE Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 36.802 95.700 41.071
201406 35.367 98.000 38.543
201409 36.822 98.500 39.925
201412 37.575 97.900 40.991
201503 44.243 97.900 48.265
201506 42.525 98.400 46.155
201509 45.789 98.500 49.647
201512 46.576 98.100 50.707
201603 53.105 97.900 57.933
201606 52.506 98.100 57.162
201609 55.316 98.000 60.283
201612 56.903 98.400 61.761
201703 63.842 98.100 69.504
201706 63.223 98.500 68.550
201709 67.827 98.800 73.319
201712 69.450 99.400 74.620
201803 76.840 99.200 82.727
201806 73.583 99.200 79.220
201809 77.382 99.900 82.727
201812 79.280 99.700 84.926
201903 88.828 99.700 95.154
201906 85.240 99.800 91.219
201909 91.199 100.100 97.303
201912 94.131 100.500 100.032
202003 103.237 100.300 109.927
202006 99.808 99.900 106.702
202009 104.049 99.900 111.236
202012 107.416 99.300 115.529
202103 117.577 99.900 125.698
202106 111.287 99.500 119.452
202109 116.041 100.100 123.808
202112 119.065 100.100 127.034
202203 126.923 101.100 134.079
202206 122.151 101.800 128.151
202209 125.577 103.100 130.084
202212 129.281 104.100 132.634
202303 137.589 104.400 140.752
202306 135.542 105.200 137.603
202309 141.925 106.200 142.727
202312 143.518 106.800 143.518

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.


eBASE Co  (TSE:3835) 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.


eBASE Co Cyclically Adjusted PB Ratio Related Terms

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


eBASE Co (TSE:3835) Business Description

Industry
Traded in Other Exchanges
N/A
Address
5-chome, 4-9 Toyosaki, Osaka, JPN
eBASE Co Ltd is engaged in the planning, development, sales and maintenance of e BASE series which is a content management software. The solutions provided by the company include food industry solutions, residential industry solutions, printing industry solutions, data pool solution, and sales support solutions.

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