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Mediaseek (TSE:4824) Cyclically Adjusted PB Ratio : 1.23 (As of Sep. 22, 2024)


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What is Mediaseek Cyclically Adjusted PB Ratio?

As of today (2024-09-22), Mediaseek's current share price is 円298.00. Mediaseek's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2023 was 円241.41. Mediaseek's Cyclically Adjusted PB Ratio for today is 1.23.

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

TSE:4824's Cyclically Adjusted PB Ratio is not ranked *
in the Software industry.
Industry Median: 2.5
* 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.

Mediaseek's adjusted book value per share data for the three months ended in Jul. 2023 was 円322.885. 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241.41 for the trailing ten years ended in Jul. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mediaseek Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mediaseek'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.

Mediaseek Cyclically Adjusted PB Ratio Chart

Mediaseek Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.14 2.49 3.03 1.50 1.23

Mediaseek Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
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 1.50 1.60 1.25 1.23 1.23

Competitive Comparison of Mediaseek's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Mediaseek'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.


Mediaseek's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Mediaseek's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mediaseek 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.

Mediaseek's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=298.00/241.41
=1.23

* 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.

Mediaseek's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2023 is calculated as:

For example, Mediaseek's adjusted Book Value per Share data for the three months ended in Jul. 2023 was:

Adj_Book=Book Value per Share/CPI of Jul. 2023 (Change)*Current CPI (Jul. 2023)
=322.885/105.7000*105.7000
=322.885

Current CPI (Jul. 2023) = 105.7000.

Mediaseek Quarterly Data

Book Value per Share CPI Adj_Book
201310 160.778 95.500 177.950
201401 164.481 95.500 182.049
201404 161.742 97.700 174.986
201407 156.666 98.100 168.803
201410 156.664 98.200 168.629
201501 157.042 97.800 169.727
201504 170.171 98.400 182.795
201507 171.967 98.300 184.913
201510 172.836 98.500 185.470
201601 162.156 97.700 175.434
201604 174.438 98.100 187.952
201607 160.870 97.900 173.687
201610 160.326 98.600 171.871
201701 164.677 98.200 177.254
201704 167.985 98.500 180.264
201707 174.723 98.300 187.876
201710 170.875 98.800 182.809
201801 163.418 99.500 173.601
201804 160.050 99.100 170.709
201807 158.157 99.200 168.520
201810 156.491 100.200 165.081
201901 152.937 99.700 162.141
201904 149.289 100.000 157.798
201907 268.430 99.800 284.299
201910 255.733 100.400 269.233
202001 321.950 100.500 338.608
202004 319.209 100.200 336.730
202007 360.749 100.000 381.312
202010 302.690 99.800 320.584
202101 275.676 99.800 291.973
202104 270.030 99.100 288.014
202107 401.964 99.700 426.154
202110 391.713 99.900 414.455
202201 317.245 100.300 334.325
202204 316.234 101.500 329.320
202207 316.477 102.300 326.995
202210 317.026 103.700 323.140
202301 314.312 104.700 317.314
202304 318.850 105.100 320.670
202307 322.885 105.700 322.885

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.


Mediaseek  (TSE:4824) 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.


Mediaseek Cyclically Adjusted PB Ratio Related Terms

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


Mediaseek Business Description

Industry
Traded in Other Exchanges
N/A
Address
Minato Azabu 3 - chome, Daiwa Azabu Terrace, Minato - ku, Tokyo, JPN, 106-0047
Mediaseek Inc is a Japan-based company operating in the Information technology (IT) sector. The company operates in two business divisions System development consulting division offers customized system development solution including IT consulting, system construction/support, and specialized field package solutions. Consumer services division is engaged in collaborative business with content holders based and provides content development and management services and solution services for content distribution.

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