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Katakura-op Agri (TSE:4031) Cyclically Adjusted PB Ratio : 0.45 (As of Jun. 22, 2024)


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What is Katakura-op Agri Cyclically Adjusted PB Ratio?

As of today (2024-06-22), Katakura-op Agri's current share price is 円1143.00. Katakura-op Agri's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円2,543.18. Katakura-op Agri's Cyclically Adjusted PB Ratio for today is 0.45.

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

TSE:4031' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.48   Max: 0.82
Current: 0.45

During the past years, Katakura-op Agri's highest Cyclically Adjusted PB Ratio was 0.82. The lowest was 0.38. And the median was 0.48.

TSE:4031's Cyclically Adjusted PB Ratio is ranked better than
90.95% of 199 companies
in the Agriculture industry
Industry Median: 1.56 vs TSE:4031: 0.45

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.

Katakura-op Agri's adjusted book value per share data for the three months ended in Dec. 2023 was 円2,562.532. 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2,543.18 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Katakura-op Agri Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Katakura-op Agri'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.

Katakura-op Agri Cyclically Adjusted PB Ratio Chart

Katakura-op Agri Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.45 0.52 0.52 0.67

Katakura-op Agri Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.63 0.67 0.50 0.45 0.41

Competitive Comparison of Katakura-op Agri's Cyclically Adjusted PB Ratio

For the Agricultural Inputs subindustry, Katakura-op Agri'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.


Katakura-op Agri's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Katakura-op Agri's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Katakura-op Agri's Cyclically Adjusted PB Ratio falls into.



Katakura-op Agri 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.

Katakura-op Agri's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1143.00/2543.18
=0.45

* 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.

Katakura-op Agri's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Katakura-op Agri's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2562.532/106.8000*106.8000
=2,562.532

Current CPI (Dec. 2023) = 106.8000.

Katakura-op Agri Quarterly Data

Book Value per Share CPI Adj_Book
201403 2,682.378 95.700 2,993.500
201406 2,624.966 98.000 2,860.677
201409 2,619.083 98.500 2,839.777
201412 2,628.731 97.900 2,867.707
201503 2,461.986 97.900 2,685.803
201506 2,456.611 98.400 2,666.322
201509 2,447.204 98.500 2,653.415
201512 2,084.618 98.100 2,269.492
201603 2,096.423 97.900 2,287.007
201606 2,066.353 98.100 2,249.608
201609 2,062.396 98.000 2,247.591
201612 2,076.442 98.400 2,253.699
201703 2,129.621 98.100 2,318.486
201706 2,112.704 98.500 2,290.729
201709 2,124.576 98.800 2,296.606
201712 2,144.263 99.400 2,303.896
201803 2,199.489 99.200 2,367.998
201806 2,170.635 99.200 2,336.934
201809 2,197.459 99.900 2,349.235
201812 2,219.171 99.700 2,377.206
201903 2,275.263 99.700 2,437.293
201906 2,241.655 99.800 2,398.885
201909 2,271.350 100.100 2,423.378
201912 2,293.942 100.500 2,437.741
202003 2,333.675 100.300 2,484.910
202006 2,384.954 99.900 2,549.681
202009 2,394.814 99.900 2,560.222
202012 2,410.070 99.300 2,592.099
202103 2,487.142 99.900 2,658.927
202106 2,458.084 99.500 2,638.426
202109 2,501.000 100.100 2,668.400
202112 2,500.825 100.100 2,668.213
202203 2,565.546 101.100 2,710.191
202206 2,547.563 101.800 2,672.689
202209 2,653.898 103.100 2,749.140
202212 2,752.749 104.100 2,824.146
202303 2,765.709 104.400 2,829.289
202306 2,656.279 105.200 2,696.679
202309 2,633.958 106.200 2,648.839
202312 2,562.532 106.800 2,562.532

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.


Katakura-op Agri  (TSE:4031) 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.


Katakura-op Agri Cyclically Adjusted PB Ratio Related Terms

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


Katakura-op Agri (TSE:4031) Business Description

Traded in Other Exchanges
N/A
Address
No. 8-10 , Chuo Kita-ku, Chiyoda-ku, Sumitomo Realty Kudan Building 15th Floor, Kudan building 15 floors, Tokyo, JPN, 102-0073
Katakura & Co-op Agri Corp is engaged agriculture inputs. The company has a variety of agricultural materials including chemical fertilizers and compound fertilizers, soil-friendly organic fertilizer, liquid fertilizer, soil cultivation to cultivate seedlings, and microbial materials to prepare soil environment. It also manufactures calcium phosphate and treats raw materials for maintaining health such as poultry raising, pig raising, dairy cattle, and others. The company also sells raw materials for cosmetics such as makeup ingredients, materials for skin care, hair care ingredients, and other related items.

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