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CE Holdings Co (TSE:4320) Cyclically Adjusted PB Ratio : 1.61 (As of Jan. 18, 2025)


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What is CE Holdings Co Cyclically Adjusted PB Ratio?

As of today (2025-01-18), CE Holdings Co's current share price is 円515.00. CE Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円320.61. CE Holdings Co's Cyclically Adjusted PB Ratio for today is 1.61.

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

TSE:4320' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 1.65   Max: 2.53
Current: 1.72

During the past years, CE Holdings Co's highest Cyclically Adjusted PB Ratio was 2.53. The lowest was 0.43. And the median was 1.65.

TSE:4320's Cyclically Adjusted PB Ratio is ranked better than
54.71% of 340 companies
in the Healthcare Providers & Services industry
Industry Median: 1.91 vs TSE:4320: 1.72

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.

CE Holdings Co's adjusted book value per share data for the three months ended in Mar. 2024 was 円420.450. 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320.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CE Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CE Holdings 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.

CE Holdings Co Cyclically Adjusted PB Ratio Chart

CE Holdings Co 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 0.95 2.32 1.61 1.91 -

CE Holdings Co 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 2.17 1.91 2.01 1.72 -

Competitive Comparison of CE Holdings Co's Cyclically Adjusted PB Ratio

For the Health Information Services subindustry, CE Holdings 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.


CE Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, CE Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



CE Holdings 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=515.00/320.61
=1.61

* 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.

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

For example, CE Holdings Co'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)
=420.45/107.2000*107.2000
=420.450

Current CPI (Mar. 2024) = 107.2000.

CE Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 256.561 98.000 280.646
201409 259.892 98.500 282.847
201412 245.481 97.900 268.800
201503 256.612 97.900 280.989
201506 251.533 98.400 274.028
201509 260.622 98.500 283.641
201512 243.542 98.100 266.134
201603 254.417 97.900 278.585
201606 251.838 98.100 275.199
201609 264.533 98.000 289.367
201612 244.444 98.400 266.305
201703 256.157 98.100 279.919
201706 246.960 98.500 268.773
201709 265.392 98.800 287.956
201712 252.417 99.400 272.224
201803 273.822 99.200 295.904
201806 272.702 99.200 294.694
201809 273.671 99.900 293.669
201812 259.845 99.700 279.392
201903 283.241 99.700 304.548
201906 286.666 99.800 307.922
201909 301.840 100.100 323.249
201912 296.670 100.500 316.448
202003 304.821 100.300 325.791
202006 294.907 99.900 316.457
202009 301.403 99.900 323.427
202012 294.195 99.300 317.600
202103 321.695 99.900 345.202
202106 317.172 99.500 341.717
202109 339.045 100.100 363.093
202112 335.645 100.100 359.452
202203 357.849 101.100 379.440
202206 359.075 101.800 378.122
202209 373.594 103.100 388.451
202212 366.715 104.100 377.635
202303 393.957 104.400 404.523
202306 395.781 105.200 403.305
202309 406.675 106.200 410.504
202312 396.530 106.800 398.015
202403 420.450 107.200 420.450

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.


CE Holdings Co  (TSE:4320) 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.


CE Holdings Co Cyclically Adjusted PB Ratio Related Terms

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


CE Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
15-1-21 Heiwa Dori Kita, Shiroishi-ku, Sapporo, JPN, 003-0029
CE Holdings Co Ltd is a Japan-based company engages in the development and sale of medical information systems focused on electronic medical record systems. It provides packaged software, medical information and accounting systems, electronic health record systems, and blood transfusion systems.

CE Holdings Co Headlines

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