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Digital Information Technologies (TSE:3916) Cyclically Adjusted PB Ratio : 9.70 (As of May. 25, 2025)


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What is Digital Information Technologies Cyclically Adjusted PB Ratio?

As of today (2025-05-25), Digital Information Technologies's current share price is 円2603.00. Digital Information Technologies's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun24 was 円268.22. Digital Information Technologies's Cyclically Adjusted PB Ratio for today is 9.70.

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

TSE:3916' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.37   Med: 7.91   Max: 9.7
Current: 9.7

During the past 11 years, Digital Information Technologies's highest Cyclically Adjusted PB Ratio was 9.70. The lowest was 6.37. And the median was 7.91.

TSE:3916's Cyclically Adjusted PB Ratio is ranked worse than
86.4% of 1412 companies
in the Software industry
Industry Median: 2.71 vs TSE:3916: 9.70

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.

Digital Information Technologies's adjusted book value per share data of for the fiscal year that ended in Jun24 was 円465.517. 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268.22 for the trailing ten years ended in Jun24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Digital Information Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Digital Information Technologies'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.

Digital Information Technologies Cyclically Adjusted PB Ratio Chart

Digital Information Technologies Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 7.15 6.94

Digital Information Technologies 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 - - - 6.94 8.01

Competitive Comparison of Digital Information Technologies's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Digital Information Technologies'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.


Digital Information Technologies's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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


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Digital Information Technologies 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.

Digital Information Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2603.00/268.22
=9.70

* 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.

Digital Information Technologies's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun24 is calculated as:

For example, Digital Information Technologies's adjusted Book Value per Share data for the fiscal year that ended in Jun24 was:

Adj_Book=Book Value per Share/CPI of Jun24 (Change)*Current CPI (Jun24)
=465.517/108.2000*108.2000
=465.517

Current CPI (Jun24) = 108.2000.

Digital Information Technologies Annual Data

Book Value per Share CPI Adj_Book
201506 114.400 98.400 125.793
201606 129.841 98.100 143.209
201706 155.785 98.500 171.126
201806 170.686 99.200 186.172
201906 193.318 99.800 209.589
202006 240.050 99.900 259.994
202106 296.873 99.500 322.831
202206 364.122 101.800 387.014
202306 399.599 105.200 410.994
202406 465.517 108.200 465.517

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.


Digital Information Technologies  (TSE:3916) 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.


Digital Information Technologies Cyclically Adjusted PB Ratio Related Terms

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


Digital Information Technologies Business Description

Traded in Other Exchanges
N/A
Address
Chuo-ku, Tokyo Hatchobori 4-chome, 5-4 FORECAST Sakurabashi the third floor, Tokyo, JPN
Digital Information Technologies Corp is a Japan-based information service company mainly engaged in operation of software development business and computer sales business. The company develops business systems, embedded devices, etc. for clients primarily in the fields of finance, communications. Its products include WebARGUS, a Website security solution; and xoBlos, an Excel work innovation platform.

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