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Toei Animation Co (TSE:4816) Cyclically Adjusted PB Ratio : 9.14 (As of Dec. 11, 2024)


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What is Toei Animation Co Cyclically Adjusted PB Ratio?

As of today (2024-12-11), Toei Animation Co's current share price is 円3630.00. Toei Animation Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円397.22. Toei Animation Co's Cyclically Adjusted PB Ratio for today is 9.14.

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

TSE:4816' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.18   Med: 6.95   Max: 18.74
Current: 9

During the past years, Toei Animation Co's highest Cyclically Adjusted PB Ratio was 18.74. The lowest was 3.18. And the median was 6.95.

TSE:4816's Cyclically Adjusted PB Ratio is ranked worse than
96% of 650 companies
in the Media - Diversified industry
Industry Median: 1.155 vs TSE:4816: 9.00

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.

Toei Animation Co's adjusted book value per share data for the three months ended in Sep. 2024 was 円675.754. 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397.22 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toei Animation Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Toei Animation 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.

Toei Animation Co Cyclically Adjusted PB Ratio Chart

Toei Animation 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 4.44 9.45 7.20 8.06 8.25

Toei Animation 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 7.54 10.44 8.25 - 7.62

Competitive Comparison of Toei Animation Co's Cyclically Adjusted PB Ratio

For the Entertainment subindustry, Toei Animation 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.


Toei Animation Co's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



Toei Animation 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.

Toei Animation Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3630.00/397.22
=9.14

* 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.

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

For example, Toei Animation 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)
=675.754/108.9000*108.9000
=675.754

Current CPI (Sep. 2024) = 108.9000.

Toei Animation Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 196.015 97.900 218.039
201503 200.866 97.900 223.435
201506 203.146 98.400 224.823
201509 213.758 98.500 236.327
201512 218.289 98.100 242.321
201603 221.705 97.900 246.616
201606 218.349 98.100 242.387
201609 228.494 98.000 253.908
201612 242.171 98.400 268.012
201703 251.914 98.100 279.648
201706 255.683 98.500 282.679
201709 265.365 98.800 292.492
201712 277.066 99.400 303.546
201803 283.601 99.200 311.332
201806 293.487 99.200 322.185
201809 303.535 99.900 330.880
201812 317.536 99.700 346.837
201903 328.414 99.700 358.719
201906 328.942 99.800 358.936
201909 343.856 100.100 374.085
201912 358.854 100.500 388.848
202003 365.301 100.300 396.623
202006 367.643 99.900 400.764
202009 383.112 99.900 417.627
202012 399.770 99.300 438.418
202103 416.247 99.900 453.747
202106 414.638 99.500 453.810
202109 441.387 100.100 480.190
202112 451.094 100.100 490.751
202203 469.654 101.100 505.888
202206 479.004 101.800 512.412
202209 519.583 103.100 548.813
202212 536.009 104.100 560.724
202303 560.077 104.400 584.218
202306 556.257 105.200 575.821
202309 595.760 106.200 610.906
202312 612.822 106.800 624.872
202403 644.141 107.200 654.356
202406 0.000 108.200 0.000
202409 675.754 108.900 675.754

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.


Toei Animation Co  (TSE:4816) 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.


Toei Animation Co Cyclically Adjusted PB Ratio Related Terms

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


Toei Animation Co Business Description

Traded in Other Exchanges
N/A
Address
4-10-1, Nakano, Nakano-ku, Tokyo, JPN, 164-0001
Toei Animation Co Ltd is a Japanese animation company. It is engaged in the planning and production of animation products for theaters and televisions (TVs), the sale of broadcasting rights, as well as the sale of packaged software rights of the Company's animation products with a focus on digital versatile discs (DVDs). The company develops characters into diverse types of merchandise such as toys, games, stationery goods, food products, clothing, and for campaigns and promotions. It produces works of animation mainly of television series along with other types of work such as theatrical features and original video animation.

Toei Animation Co Headlines

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