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Estore (TSE:4304) Cyclically Adjusted PB Ratio : 4.79 (As of Jun. 03, 2025)


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What is Estore Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Estore's current share price is 円1945.00. Estore's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円405.78. Estore's Cyclically Adjusted PB Ratio for today is 4.79.

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

TSE:4304' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.01   Med: 4.77   Max: 13.29
Current: 4.8

During the past years, Estore's highest Cyclically Adjusted PB Ratio was 13.29. The lowest was 3.01. And the median was 4.77.

TSE:4304's Cyclically Adjusted PB Ratio is ranked worse than
85.09% of 684 companies
in the Business Services industry
Industry Median: 1.535 vs TSE:4304: 4.80

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.

Estore's adjusted book value per share data for the three months ended in Dec. 2024 was 円635.449. 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405.78 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Estore Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Estore'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.

Estore Cyclically Adjusted PB Ratio Chart

Estore Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.94 5.22 4.54 3.79 -

Estore Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3.79 3.81 3.57 4.69 -

Competitive Comparison of Estore's Cyclically Adjusted PB Ratio

For the Specialty Business Services subindustry, Estore'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.


Estore's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Estore's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Estore 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1945.00/405.78
=4.79

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=635.449/110.7000*110.7000
=635.449

Current CPI (Dec. 2024) = 110.7000.

Estore Quarterly Data

Book Value per Share CPI Adj_Book
201503 200.740 97.900 226.986
201506 133.952 98.400 150.696
201509 141.925 98.500 159.504
201512 160.611 98.100 181.240
201603 196.752 97.900 222.476
201606 187.897 98.100 212.031
201609 199.486 98.000 225.338
201612 215.260 98.400 242.168
201703 227.316 98.100 256.513
201706 218.085 98.500 245.097
201709 234.347 98.800 262.573
201712 263.129 99.400 293.042
201803 283.376 99.200 316.227
201806 274.898 99.200 306.766
201809 306.551 99.900 339.692
201812 319.857 99.700 355.147
201903 294.150 99.700 326.604
201906 309.142 99.800 342.906
201909 334.867 100.100 370.327
201912 356.576 100.500 392.766
202003 365.859 100.300 403.795
202006 356.691 99.900 395.252
202009 404.166 99.900 447.860
202012 459.561 99.300 512.320
202103 467.708 99.900 518.271
202106 421.194 99.500 468.605
202109 468.191 100.100 517.770
202112 507.033 100.100 560.725
202203 532.661 101.100 583.240
202206 500.501 101.800 544.258
202209 512.368 103.100 550.137
202212 537.258 104.100 571.320
202303 554.056 104.400 587.490
202306 515.204 105.200 542.140
202309 530.210 106.200 552.677
202312 610.915 106.800 633.224
202403 610.680 107.200 630.618
202406 561.497 108.200 574.471
202409 564.042 108.900 573.365
202412 635.449 110.700 635.449

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.


Estore  (TSE:4304) 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.


Estore Cyclically Adjusted PB Ratio Related Terms

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


Estore Business Description

Industry
Traded in Other Exchanges
N/A
Address
Yubinbango, Nishishinbashi 1-10-2 Nishi, Minato-ku, Shimbashi Sumitomo Life Insurance Building, Tokyo, JPN, 105-0003
Estore Corp is engaged in internet business. It provides the variety of service such as a web hosting service for support. It operates as an EC support company in Japan. The company offers shop serve, a point of sale system; e-store compare, a comparative evaluation solution; survey analysis, including access, customer, and purchasing analysis services, as well as email marketing, measures proposal/planning, and campaign planning services.

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