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Pack (TSE:3950) Cyclically Adjusted PB Ratio : 1.17 (As of Jun. 15, 2024)


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What is Pack Cyclically Adjusted PB Ratio?

As of today (2024-06-15), Pack's current share price is 円3575.00. Pack's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円3,059.39. Pack's Cyclically Adjusted PB Ratio for today is 1.17.

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

TSE:3950' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.21   Max: 2.1
Current: 1.16

During the past years, Pack's highest Cyclically Adjusted PB Ratio was 2.10. The lowest was 0.81. And the median was 1.21.

TSE:3950's Cyclically Adjusted PB Ratio is ranked better than
52.4% of 313 companies
in the Packaging & Containers industry
Industry Median: 1.23 vs TSE:3950: 1.16

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.

Pack's adjusted book value per share data for the three months ended in Mar. 2024 was 円3,781.960. 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3,059.39 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pack Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pack'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.

Pack Cyclically Adjusted PB Ratio Chart

Pack Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.75 1.19 1.06 0.86 1.12

Pack Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.04 1.03 1.07 1.12 1.25

Competitive Comparison of Pack's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, Pack'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.


Pack's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Pack's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Pack 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3575.00/3059.39
=1.17

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3781.96/107.2000*107.2000
=3,781.960

Current CPI (Mar. 2024) = 107.2000.

Pack Quarterly Data

Book Value per Share CPI Adj_Book
201406 2,078.629 98.000 2,273.766
201409 2,085.415 98.500 2,269.609
201412 2,156.354 97.900 2,361.197
201503 2,151.478 97.900 2,355.857
201506 2,183.147 98.400 2,378.388
201509 2,193.754 98.500 2,387.517
201512 2,313.731 98.100 2,528.358
201603 2,307.665 97.900 2,526.881
201606 2,337.284 98.100 2,554.096
201609 2,352.170 98.000 2,572.986
201612 2,476.371 98.400 2,697.835
201703 2,500.994 98.100 2,732.992
201706 2,574.100 98.500 2,801.457
201709 2,599.488 98.800 2,820.497
201712 2,723.079 99.400 2,936.761
201803 2,733.171 99.200 2,953.588
201806 2,789.900 99.200 3,014.892
201809 2,812.734 99.900 3,018.269
201812 2,889.382 99.700 3,106.738
201903 2,909.462 99.700 3,128.328
201906 2,942.971 99.800 3,161.187
201909 2,966.898 100.100 3,177.337
201912 3,081.172 100.500 3,286.583
202003 3,050.341 100.300 3,260.185
202006 3,065.835 99.900 3,289.865
202009 3,027.416 99.900 3,248.639
202012 3,144.381 99.300 3,394.538
202103 3,165.971 99.900 3,397.318
202106 3,189.930 99.500 3,436.789
202109 3,202.778 100.100 3,429.948
202112 3,264.789 100.100 3,496.357
202203 3,283.478 101.100 3,481.591
202206 3,332.754 101.800 3,509.541
202209 3,350.285 103.100 3,483.517
202212 3,438.790 104.100 3,541.194
202303 3,467.987 104.400 3,560.998
202306 3,561.625 105.200 3,629.337
202309 3,602.132 106.200 3,636.050
202312 3,738.723 106.800 3,752.726
202403 3,781.960 107.200 3,781.960

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.


Pack  (TSE:3950) 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.


Pack Cyclically Adjusted PB Ratio Related Terms

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


Pack (TSE:3950) Business Description

Traded in Other Exchanges
N/A
Address
OAP Tower 20F, 1-8-30, Temmabashi, Kita-ku, Osaka, JPN, 530-6020
Pack Corp is a paper and chemical products company. It manufactures and sells packaging paper products and containers. The product categories of the company include Bags and Tote Bags, Boxes, Corrugated Boxes, Film Packaging & Flexible Packaging, Wrapping Supplies & Secondary Materials, and Eco-Products.

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