GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Konoshima Chemical Co Ltd (TSE:4026) » Definitions » Cyclically Adjusted PB Ratio

Konoshima Chemical Co (TSE:4026) Cyclically Adjusted PB Ratio : 1.78 (As of Jan. 19, 2025)


View and export this data going back to 1989. Start your Free Trial

What is Konoshima Chemical Co Cyclically Adjusted PB Ratio?

As of today (2025-01-19), Konoshima Chemical Co's current share price is 円1638.00. Konoshima Chemical Co's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2024 was 円920.34. Konoshima Chemical Co's Cyclically Adjusted PB Ratio for today is 1.78.

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

TSE:4026' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 1.72   Max: 4.85
Current: 1.78

During the past years, Konoshima Chemical Co's highest Cyclically Adjusted PB Ratio was 4.85. The lowest was 0.96. And the median was 1.72.

TSE:4026's Cyclically Adjusted PB Ratio is ranked worse than
65.5% of 1226 companies
in the Construction industry
Industry Median: 1.19 vs TSE:4026: 1.78

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.

Konoshima Chemical Co's adjusted book value per share data for the three months ended in Oct. 2024 was 円1,369.481. 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920.34 for the trailing ten years ended in Oct. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Konoshima Chemical Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Konoshima Chemical 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.

Konoshima Chemical Co Cyclically Adjusted PB Ratio Chart

Konoshima Chemical Co Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.06 2.59 2.08 1.96 1.73

Konoshima Chemical Co Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Oct24
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 2.01 1.50 1.72 1.73 1.97

Competitive Comparison of Konoshima Chemical Co's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, Konoshima Chemical 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.


Konoshima Chemical Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Konoshima Chemical Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Konoshima Chemical 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1638.00/920.34
=1.78

* 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.

Konoshima Chemical Co's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2024 is calculated as:

For example, Konoshima Chemical Co's adjusted Book Value per Share data for the three months ended in Oct. 2024 was:

Adj_Book=Book Value per Share/CPI of Oct. 2024 (Change)*Current CPI (Oct. 2024)
=1369.481/109.5000*109.5000
=1,369.481

Current CPI (Oct. 2024) = 109.5000.

Konoshima Chemical Co Quarterly Data

Book Value per Share CPI Adj_Book
201410 546.699 98.200 609.608
201501 554.123 97.800 620.414
201504 563.560 98.400 627.132
201507 564.106 98.300 628.379
201510 581.802 98.500 646.775
201601 604.852 97.700 677.905
201604 602.528 98.100 672.547
201607 609.083 97.900 681.252
201610 652.020 98.600 724.099
201701 695.284 98.200 775.291
201704 704.061 98.500 782.687
201707 715.315 98.300 796.816
201710 727.880 98.800 806.709
201801 725.585 99.500 798.508
201804 738.158 99.100 815.624
201807 737.393 99.200 813.957
201810 742.419 100.200 811.326
201901 757.716 99.700 832.196
201904 781.984 100.000 856.272
201907 781.875 99.800 857.869
201910 812.354 100.400 885.984
202001 816.178 100.500 889.269
202004 823.726 100.200 900.180
202007 838.456 100.000 918.109
202010 858.316 99.800 941.739
202101 889.414 99.800 975.860
202104 931.576 99.100 1,029.340
202107 941.544 99.700 1,034.093
202110 986.020 99.900 1,080.773
202201 1,012.196 100.300 1,105.040
202204 1,037.375 101.500 1,119.139
202207 1,041.031 102.300 1,114.300
202210 1,087.781 103.700 1,148.621
202301 1,113.262 104.700 1,164.300
202304 1,167.582 105.100 1,216.463
202307 1,181.297 105.700 1,223.766
202310 1,225.646 107.100 1,253.111
202401 1,241.254 106.900 1,271.444
202404 1,315.275 107.700 1,337.257
202410 1,369.481 109.500 1,369.481

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.


Konoshima Chemical Co  (TSE:4026) 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.


Konoshima Chemical Co Cyclically Adjusted PB Ratio Related Terms

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


Konoshima Chemical Co Business Description

Traded in Other Exchanges
N/A
Address
3-15 Awaza-1 Nishi-ku, Osaka, JPN, 550-0011
Konoshima Chemical Co Ltd is a Japan-based company engages in the manufacture and sale of building materials, industrial chemicals, and ceramics.

Konoshima Chemical Co Headlines

No Headlines