GURUFOCUS.COM » STOCK LIST » Technology » Software » PCI Holdings Inc (TSE:3918) » Definitions » Cyclically Adjusted PB Ratio

PCI Holdings (TSE:3918) Cyclically Adjusted PB Ratio : 1.62 (As of Jun. 03, 2025)


View and export this data going back to 2015. Start your Free Trial

What is PCI Holdings Cyclically Adjusted PB Ratio?

As of today (2025-06-03), PCI Holdings's current share price is 円1081.00. PCI Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep24 was 円667.97. PCI Holdings's Cyclically Adjusted PB Ratio for today is 1.62.

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

TSE:3918' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.23   Med: 1.42   Max: 1.83
Current: 1.61

During the past 11 years, PCI Holdings's highest Cyclically Adjusted PB Ratio was 1.83. The lowest was 1.23. And the median was 1.42.

TSE:3918's Cyclically Adjusted PB Ratio is ranked better than
66.64% of 1436 companies
in the Software industry
Industry Median: 2.71 vs TSE:3918: 1.61

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.

PCI Holdings's adjusted book value per share data of for the fiscal year that ended in Sep24 was 円889.843. 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667.97 for the trailing ten years ended in Sep24.

Shiller PE for Stocks: The True Measure of Stock Valuation


PCI Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PCI Holdings'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.

PCI Holdings Cyclically Adjusted PB Ratio Chart

PCI Holdings Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.78 1.56

PCI Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 - 1.78 - - 1.56

Competitive Comparison of PCI Holdings's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, PCI Holdings'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.


PCI Holdings's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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


;
;

PCI Holdings 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.

PCI Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1081.00/667.97
=1.62

* 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.

PCI Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep24 is calculated as:

For example, PCI Holdings's adjusted Book Value per Share data for the fiscal year that ended in Sep24 was:

Adj_Book=Book Value per Share/CPI of Sep24 (Change)*Current CPI (Sep24)
=889.843/108.9000*108.9000
=889.843

Current CPI (Sep24) = 108.9000.

PCI Holdings Annual Data

Book Value per Share CPI Adj_Book
201509 315.099 98.500 348.368
201609 420.330 98.000 467.081
201709 454.229 98.800 500.663
201809 602.331 99.900 656.595
201909 591.542 100.100 643.546
202009 610.855 99.900 665.887
202109 744.067 100.100 809.479
202209 776.703 103.100 820.397
202309 856.101 106.200 877.866
202409 889.843 108.900 889.843

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.


PCI Holdings  (TSE:3918) 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.


PCI Holdings Cyclically Adjusted PB Ratio Related Terms

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


PCI Holdings Business Description

Industry
Traded in Other Exchanges
N/A
Address
21-19, Torakumon Ichime, Minato-ku, Tokyu Tiger Tortoise 4th Floor, Tokyo, JPN, 105-0001
PCI Holdings Inc provides information and technology solutions. The company's business segments are Technical Solutions, Business Solutions, and Internet of Things and Internet of Everything Solutions.

PCI Holdings Headlines

No Headlines