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Kansai Paint Co (TSE:4613) Cyclically Adjusted PB Ratio : 1.74 (As of Jan. 19, 2025)


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What is Kansai Paint Co Cyclically Adjusted PB Ratio?

As of today (2025-01-19), Kansai Paint Co's current share price is 円2083.50. Kansai Paint Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円1,197.78. Kansai Paint Co's Cyclically Adjusted PB Ratio for today is 1.74.

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

TSE:4613' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.52   Med: 2.45   Max: 3.9
Current: 1.74

During the past years, Kansai Paint Co's highest Cyclically Adjusted PB Ratio was 3.90. The lowest was 1.52. And the median was 2.45.

TSE:4613's Cyclically Adjusted PB Ratio is ranked worse than
50.41% of 1103 companies
in the Chemicals industry
Industry Median: 1.72 vs TSE:4613: 1.74

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.

Kansai Paint Co's adjusted book value per share data for the three months ended in Sep. 2024 was 円1,503.148. 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1,197.78 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kansai Paint Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kansai Paint 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.

Kansai Paint Co Cyclically Adjusted PB Ratio Chart

Kansai Paint Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.30 3.18 1.98 1.66 1.87

Kansai Paint Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 1.90 2.11 1.87 - 2.13

Competitive Comparison of Kansai Paint Co's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Kansai Paint 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.


Kansai Paint Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kansai Paint Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kansai Paint 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.

Kansai Paint Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2083.50/1197.78
=1.74

* 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.

Kansai Paint Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Kansai Paint Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1503.148/108.9000*108.9000
=1,503.148

Current CPI (Sep. 2024) = 108.9000.

Kansai Paint Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 918.844 97.900 1,022.085
201503 995.769 97.900 1,107.653
201506 1,002.583 98.400 1,109.566
201509 991.880 98.500 1,096.606
201512 994.102 98.100 1,103.544
201603 958.259 97.900 1,065.929
201606 844.257 98.100 937.203
201609 855.648 98.000 950.817
201612 908.502 98.400 1,005.446
201703 984.491 98.100 1,092.875
201706 979.078 98.500 1,082.453
201709 1,038.059 98.800 1,144.176
201712 1,079.215 99.400 1,182.359
201803 1,074.082 99.200 1,179.108
201806 1,049.901 99.200 1,152.563
201809 1,051.852 99.900 1,146.613
201812 1,060.987 99.700 1,158.892
201903 1,050.058 99.700 1,146.954
201906 1,049.439 99.800 1,145.129
201909 1,057.489 100.100 1,150.455
201912 1,063.436 100.500 1,152.320
202003 1,045.982 100.300 1,135.667
202006 1,012.842 99.900 1,104.089
202009 1,026.520 99.900 1,118.999
202012 1,050.417 99.300 1,151.968
202103 1,115.859 99.900 1,216.387
202106 1,149.136 99.500 1,257.698
202109 1,187.207 100.100 1,291.577
202112 1,196.833 100.100 1,302.049
202203 1,245.725 101.100 1,341.834
202206 1,267.652 101.800 1,356.064
202209 1,271.176 103.100 1,342.687
202212 1,267.321 104.100 1,325.757
202303 1,270.711 104.400 1,325.483
202306 1,321.376 105.200 1,367.850
202309 1,413.675 106.200 1,449.616
202312 1,452.155 106.800 1,480.709
202403 1,485.512 107.200 1,509.070
202406 0.000 108.200 0.000
202409 1,503.148 108.900 1,503.148

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.


Kansai Paint Co  (TSE:4613) 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.


Kansai Paint Co Cyclically Adjusted PB Ratio Related Terms

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


Kansai Paint Co Business Description

Traded in Other Exchanges
N/A
Address
6-14, Imabashi 2-chome, Chuo-ku, Osaka, JPN, 541-8523
Kansai Paint Co Ltd manufactures and sells a variety of coatings and paint products. The company sells five primary types of products: automotive coatings; automotive refinish coatings; decorative coatings; protection coatings; and industrial coatings. The firm's automotive coatings include clear coat paints, top coat paints, and primers. The industrial coatings include paint and coatings for bridges, roads, storage tanks, power plants, and manufacturing facilities. Kansai Paint sells its products primarily to the automotive, marine, and construction industries.

Kansai Paint Co Headlines

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