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Stream Media (TSE:4772) Cyclically Adjusted PB Ratio : 0.64 (As of Jun. 19, 2024)


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What is Stream Media Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Stream Media's current share price is 円139.00. Stream Media's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円218.13. Stream Media's Cyclically Adjusted PB Ratio for today is 0.64.

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

TSE:4772' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.66   Max: 1.43
Current: 0.62

During the past years, Stream Media's highest Cyclically Adjusted PB Ratio was 1.43. The lowest was 0.28. And the median was 0.66.

TSE:4772's Cyclically Adjusted PB Ratio is ranked better than
69.38% of 699 companies
in the Media - Diversified industry
Industry Median: 1.1 vs TSE:4772: 0.62

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.

Stream Media's adjusted book value per share data for the three months ended in Mar. 2024 was 円60.563. 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218.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stream Media Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Stream Media'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.

Stream Media Cyclically Adjusted PB Ratio Chart

Stream Media Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.83 0.51 0.49 0.85

Stream Media 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 0.79 1.23 1.05 0.85 0.82

Competitive Comparison of Stream Media's Cyclically Adjusted PB Ratio

For the Entertainment subindustry, Stream Media'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.


Stream Media's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Stream Media's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Stream Media 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.

Stream Media's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=139.00/218.13
=0.64

* 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.

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

For example, Stream Media'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)
=60.563/107.2000*107.2000
=60.563

Current CPI (Mar. 2024) = 107.2000.

Stream Media Quarterly Data

Book Value per Share CPI Adj_Book
201406 308.605 98.000 337.576
201409 322.044 98.500 350.488
201412 338.590 97.900 370.754
201503 339.322 97.900 371.556
201506 328.572 98.400 357.956
201509 327.482 98.500 356.407
201512 327.330 98.100 357.694
201603 320.702 97.900 351.167
201606 235.980 98.100 257.870
201609 266.810 98.000 291.857
201612 263.287 98.400 286.833
201703 266.004 98.100 290.679
201706 272.061 98.500 296.091
201709 279.002 98.800 302.723
201712 280.243 99.400 302.234
201803 283.175 99.200 306.012
201806 282.882 99.200 305.695
201809 288.790 99.900 309.893
201812 283.526 99.700 304.854
201903 283.382 99.700 304.700
201906 287.257 99.800 308.557
201909 285.557 100.100 305.811
201912 257.298 100.500 274.451
202003 257.685 100.300 275.412
202006 252.688 99.900 271.153
202009 35.453 99.900 38.044
202012 51.812 99.300 55.934
202103 51.176 99.900 54.916
202106 50.873 99.500 54.810
202109 49.679 100.100 53.203
202112 67.680 100.100 72.480
202203 62.729 101.100 66.514
202206 58.282 101.800 61.374
202209 56.577 103.100 58.827
202212 54.910 104.100 56.545
202303 59.752 104.400 61.355
202306 59.854 105.200 60.992
202309 61.637 106.200 62.217
202312 58.824 106.800 59.044
202403 60.563 107.200 60.563

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.


Stream Media  (TSE:4772) 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.


Stream Media Cyclically Adjusted PB Ratio Related Terms

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


Stream Media (TSE:4772) Business Description

Traded in Other Exchanges
Address
4-5-10 Shiba, Shizo Shiba 4-chome Building, Minato-ku, Tokyo, Tokyo, JPN, 108-0014
Stream Media Corp is engaged in media and communication rights and restaurant business and digital processing and production of digital content delivery through the mobile phone Internet. Its Broadcast business includes Korean comprehensive channel of CS satellite broadcasting station and the Asian channel all over Japan. Management activities include planning and management such as music activities, appearances to events/media. The mobile business includes planning and managing career official mobile sites. Fan Club business include Fan club administration, official goods sale and holding fan meeting. MD business includes activities related to movie tickets, dramas, movies, celebrities by collaborating with convenience stores and broadcasting stations.

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