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SHL-JAPAN (TSE:4327) Cyclically Adjusted PB Ratio : 4.73 (As of May. 17, 2024)


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What is SHL-JAPAN Cyclically Adjusted PB Ratio?

As of today (2024-05-17), SHL-JAPAN's current share price is 円3545.00. SHL-JAPAN's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 was 円749.23. SHL-JAPAN's Cyclically Adjusted PB Ratio for today is 4.73.

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

TSE:4327's Cyclically Adjusted PB Ratio is not ranked *
in the Education industry.
Industry Median: 1.225
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

SHL-JAPAN's adjusted book value per share data for the three months ended in Mar. 2023 was 円990.536. 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749.23 for the trailing ten years ended in Mar. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SHL-JAPAN Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SHL-JAPAN'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.

SHL-JAPAN Cyclically Adjusted PB Ratio Chart

SHL-JAPAN Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.61 3.48 3.87 4.03 3.78

SHL-JAPAN Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 4.09 3.80 3.78 3.59 4.74

Competitive Comparison of SHL-JAPAN's Cyclically Adjusted PB Ratio

For the Education & Training Services subindustry, SHL-JAPAN'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.


SHL-JAPAN's Cyclically Adjusted PB Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, SHL-JAPAN's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SHL-JAPAN 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.

SHL-JAPAN's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3545.00/749.23
=4.73

* 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.

SHL-JAPAN's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, SHL-JAPAN's adjusted Book Value per Share data for the three months ended in Mar. 2023 was:

Adj_Book=Book Value per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=990.536/104.4000*104.4000
=990.536

Current CPI (Mar. 2023) = 104.4000.

SHL-JAPAN Quarterly Data

Book Value per Share CPI Adj_Book
201306 485.493 94.600 535.787
201309 491.168 95.400 537.505
201312 469.816 95.600 513.063
201403 535.051 95.700 583.692
201406 526.524 98.000 560.909
201409 516.026 98.500 546.935
201412 475.481 97.900 507.050
201503 507.789 97.900 541.503
201506 555.789 98.400 589.679
201509 560.131 98.500 593.682
201512 549.202 98.100 584.472
201603 599.404 97.900 639.201
201606 638.410 98.100 679.409
201609 623.127 98.000 663.821
201612 589.748 98.400 625.708
201703 652.622 98.100 694.534
201706 677.149 98.500 717.709
201709 654.992 98.800 692.117
201712 616.279 99.400 647.279
201803 686.861 99.200 722.866
201806 709.680 99.200 746.881
201809 719.503 99.900 751.913
201812 687.098 99.700 719.489
201903 774.963 99.700 811.496
201906 792.657 99.800 829.192
201909 794.846 100.100 828.990
201912 765.239 100.500 794.935
202003 856.313 100.300 891.317
202006 867.991 99.900 907.090
202009 882.792 99.900 922.557
202012 833.626 99.300 876.441
202103 932.268 99.900 974.262
202106 948.857 99.500 995.585
202109 952.287 100.100 993.194
202112 864.988 100.100 902.145
202203 934.383 101.100 964.882
202206 950.286 101.800 974.557
202209 969.754 103.100 981.982
202212 932.061 104.100 934.747
202303 990.536 104.400 990.536

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.


SHL-JAPAN  (TSE:4327) 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.


SHL-JAPAN Cyclically Adjusted PB Ratio Related Terms

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


SHL-JAPAN (TSE:4327) Business Description

Traded in Other Exchanges
N/A
Address
STN Bill No. 16 No. 38 5-chome, Tokyo, JPN
SHL-JAPAN Ltd is engaged in providing suitability tests to measure individual differences and organizational climates, consulting services which include measuring competency for human resource and duties, and training services which include offering training for customer companies.

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