GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Falco Holdings Co Ltd (TSE:4671) » Definitions » Cyclically Adjusted PB Ratio

Falco Holdings Co (TSE:4671) Cyclically Adjusted PB Ratio : 1.18 (As of May. 20, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Falco Holdings Co Cyclically Adjusted PB Ratio?

As of today (2024-05-20), Falco Holdings Co's current share price is 円2292.00. Falco Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,937.00. Falco Holdings Co's Cyclically Adjusted PB Ratio for today is 1.18.

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

TSE:4671' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.1   Max: 1.49
Current: 1.18

During the past years, Falco Holdings Co's highest Cyclically Adjusted PB Ratio was 1.49. The lowest was 0.91. And the median was 1.10.

TSE:4671's Cyclically Adjusted PB Ratio is ranked better than
67.67% of 133 companies
in the Medical Diagnostics & Research industry
Industry Median: 1.98 vs TSE:4671: 1.18

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.

Falco Holdings Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円2,388.489. 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1,937.00 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Falco Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Falco 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.

Falco Holdings Co Cyclically Adjusted PB Ratio Chart

Falco Holdings 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 1.22 1.14 1.21 1.08 -

Falco Holdings Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.08 1.02 1.02 1.08 -

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

For the Diagnostics & Research subindustry, Falco 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.


Falco Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Falco Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Falco 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2292.00/1937
=1.18

* 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.

Falco Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Falco Holdings Co'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)
=2388.489/106.8000*106.8000
=2,388.489

Current CPI (Dec. 2023) = 106.8000.

Falco Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,368.836 95.700 1,527.604
201406 1,379.164 98.000 1,503.007
201409 1,364.236 98.500 1,479.192
201412 1,388.537 97.900 1,514.768
201503 1,459.909 97.900 1,592.628
201506 1,624.745 98.400 1,763.443
201509 1,625.137 98.500 1,762.077
201512 1,638.850 98.100 1,784.191
201603 1,504.433 97.900 1,641.200
201606 1,494.293 98.100 1,626.814
201609 1,544.991 98.000 1,683.725
201612 1,546.068 98.400 1,678.049
201703 1,625.691 98.100 1,769.865
201706 1,648.795 98.500 1,787.729
201709 1,688.282 98.800 1,824.985
201712 1,728.229 99.400 1,856.890
201803 1,751.616 99.200 1,885.812
201806 1,738.121 99.200 1,871.283
201809 1,778.698 99.900 1,901.551
201812 1,753.085 99.700 1,877.929
201903 1,733.861 99.700 1,857.336
201906 1,683.823 99.800 1,801.927
201909 1,701.885 100.100 1,815.797
201912 1,800.811 100.500 1,913.698
202003 1,785.211 100.300 1,900.903
202006 1,767.556 99.900 1,889.639
202009 1,834.016 99.900 1,960.690
202012 1,880.334 99.300 2,022.353
202103 1,974.190 99.900 2,110.545
202106 2,022.957 99.500 2,171.375
202109 2,158.849 100.100 2,303.347
202112 2,159.620 100.100 2,304.170
202203 2,244.789 101.100 2,371.350
202206 2,255.166 101.800 2,365.931
202209 2,319.239 103.100 2,402.471
202212 2,357.530 104.100 2,418.676
202303 2,369.322 104.400 2,423.789
202306 2,313.272 105.200 2,348.455
202309 2,362.884 106.200 2,376.234
202312 2,388.489 106.800 2,388.489

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.


Falco Holdings Co  (TSE:4671) 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.


Falco Holdings Co Cyclically Adjusted PB Ratio Related Terms

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


Falco Holdings Co (TSE:4671) Business Description

Traded in Other Exchanges
N/A
Address
346 Shimizu-machi, No. 2, Kawaramachi-ku, Nakagyo-ku, Kyoto, JPN, 604-0911
Falco Holdings Co Ltd provides testing services. The company is engaged in providing clinical testing and genetic testing services, testing in clinical research and clinical trials, food sanitation, and environmental testing, and pharmacy business. It also engaged in providing information technology business.

Falco Holdings Co (TSE:4671) Headlines

No Headlines