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Showcase (TSE:3909) Cyclically Adjusted PB Ratio : 1.67 (As of May. 25, 2025)


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What is Showcase Cyclically Adjusted PB Ratio?

As of today (2025-05-25), Showcase's current share price is 円318.00. Showcase's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円189.90. Showcase's Cyclically Adjusted PB Ratio for today is 1.67.

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

TSE:3909' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.35   Med: 1.64   Max: 1.97
Current: 1.67

During the past years, Showcase's highest Cyclically Adjusted PB Ratio was 1.97. The lowest was 1.35. And the median was 1.64.

TSE:3909's Cyclically Adjusted PB Ratio is ranked better than
64.52% of 1412 companies
in the Software industry
Industry Median: 2.71 vs TSE:3909: 1.67

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.

Showcase's adjusted book value per share data for the three months ended in Dec. 2024 was 円92.837. 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189.90 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Showcase Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Showcase'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.

Showcase Cyclically Adjusted PB Ratio Chart

Showcase Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.58

Showcase Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24
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 - - - 1.68 1.58

Competitive Comparison of Showcase's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Showcase'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.


Showcase's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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


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Showcase 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=318.00/189.90
=1.67

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=92.837/110.7000*110.7000
=92.837

Current CPI (Dec. 2024) = 110.7000.

Showcase Quarterly Data

Book Value per Share CPI Adj_Book
201412 89.992 97.900 101.758
201503 140.246 97.900 158.583
201506 149.465 98.400 168.148
201509 155.217 98.500 174.442
201512 164.713 98.100 185.869
201603 167.081 97.900 188.926
201606 174.261 98.100 196.643
201609 182.797 98.000 206.486
201612 190.045 98.400 213.801
201703 188.452 98.100 212.657
201706 187.644 98.500 210.885
201709 197.006 98.800 220.734
201712 179.327 99.400 199.713
201803 169.295 99.200 188.921
201806 192.854 99.200 215.211
201809 190.309 99.900 210.883
201812 174.336 99.700 193.571
201903 129.563 99.700 143.858
201906 135.382 99.800 150.168
201909 142.169 100.100 157.224
201912 140.015 100.500 154.225
202003 139.646 100.300 154.126
202006 137.160 99.900 151.988
202009 129.114 99.900 143.072
202012 253.480 99.300 282.580
202103 248.089 99.900 274.909
202106 243.245 99.500 270.625
202109 243.225 100.100 268.981
202112 254.587 100.100 281.546
202203 246.185 101.100 269.562
202206 231.646 101.800 251.898
202209 208.302 103.100 223.657
202212 186.570 104.100 198.399
202303 180.808 104.400 191.719
202306 181.082 105.200 190.549
202309 128.963 106.200 134.428
202312 126.676 106.800 131.302
202403 119.048 107.200 122.935
202406 105.579 108.200 108.018
202412 92.837 110.700 92.837

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.


Showcase  (TSE:3909) 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.


Showcase Cyclically Adjusted PB Ratio Related Terms

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


Showcase Business Description

Industry
Traded in Other Exchanges
N/A
Address
9-9 Roppongi, 14th Floor, Roppongi First Building, Minato-ku, Tokyo, JPN, 106-0032
Showcase Inc is engaged in the web marketing services. Its operations are carried out through the following business segments: E-Marketing, Data-Marketing and Web Solutions. The E-Marketing segment provides eight internally developed web-based software products. The Data-Marketing segment provides advertising products business-2-business in connection with website optimization techniques and a data management platform. The Web Solutions segment provides research and development for smart phone applications, which helps to solve problems with website and apps in an integrated manner using website optimization techniques. It also includes store coupon delivery application development, real estate website creation and e-commerce website management.

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