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Arakawa Chemical Industries (TSE:4968) Cyclically Adjusted PB Ratio : 0.38 (As of Jun. 03, 2025)


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What is Arakawa Chemical Industries Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Arakawa Chemical Industries's current share price is 円1089.00. Arakawa Chemical Industries's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円2,836.07. Arakawa Chemical Industries's Cyclically Adjusted PB Ratio for today is 0.38.

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

TSE:4968' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.49   Max: 0.95
Current: 0.39

During the past years, Arakawa Chemical Industries's highest Cyclically Adjusted PB Ratio was 0.95. The lowest was 0.35. And the median was 0.49.

TSE:4968's Cyclically Adjusted PB Ratio is ranked better than
91.97% of 1170 companies
in the Chemicals industry
Industry Median: 1.6 vs TSE:4968: 0.39

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.

Arakawa Chemical Industries's adjusted book value per share data for the three months ended in Sep. 2024 was 円2,952.367. 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2,836.07 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arakawa Chemical Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Arakawa Chemical Industries'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.

Arakawa Chemical Industries Cyclically Adjusted PB Ratio Chart

Arakawa Chemical Industries 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 0.53 0.56 0.43 0.38 0.42

Arakawa Chemical Industries Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 0.37 0.37 0.37 0.42 0.43

Competitive Comparison of Arakawa Chemical Industries's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Arakawa Chemical Industries'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.


Arakawa Chemical Industries's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Arakawa Chemical Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Arakawa Chemical Industries 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.

Arakawa Chemical Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1089.00/2836.07
=0.38

* 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.

Arakawa Chemical Industries's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Arakawa Chemical Industries'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)
=2952.367/108.9000*108.9000
=2,952.367

Current CPI (Sep. 2024) = 108.9000.

Arakawa Chemical Industries Quarterly Data

Book Value per Share CPI Adj_Book
201409 2,133.702 98.500 2,358.986
201412 2,208.323 97.900 2,456.449
201503 2,280.793 97.900 2,537.062
201506 2,348.614 98.400 2,599.228
201509 2,264.888 98.500 2,504.023
201512 2,281.983 98.100 2,533.210
201603 2,248.392 97.900 2,501.020
201606 2,250.414 98.100 2,498.166
201609 2,243.330 98.000 2,492.843
201612 2,308.058 98.400 2,554.345
201703 2,418.383 98.100 2,684.627
201706 2,459.906 98.500 2,719.632
201709 2,524.735 98.800 2,782.830
201712 2,596.056 99.400 2,844.170
201803 2,622.365 99.200 2,878.786
201806 2,622.220 99.200 2,878.627
201809 2,638.888 99.900 2,876.626
201812 2,666.263 99.700 2,912.297
201903 2,652.551 99.700 2,897.320
201906 2,639.787 99.800 2,880.489
201909 2,642.316 100.100 2,874.608
201912 2,689.162 100.500 2,913.928
202003 2,648.672 100.300 2,875.776
202006 2,666.213 99.900 2,906.412
202009 2,692.726 99.900 2,935.314
202012 2,744.392 99.300 3,009.711
202103 2,884.621 99.900 3,144.497
202106 2,957.760 99.500 3,237.187
202109 2,981.451 100.100 3,243.557
202112 2,968.244 100.100 3,229.189
202203 2,983.164 101.100 3,213.319
202206 2,993.397 101.800 3,202.170
202209 2,941.277 103.100 3,106.742
202212 2,854.025 104.100 2,985.623
202303 2,726.045 104.400 2,843.547
202306 2,735.672 105.200 2,831.889
202309 2,765.210 106.200 2,835.512
202312 2,781.844 106.800 2,836.543
202403 2,829.477 107.200 2,874.347
202409 2,952.367 108.900 2,952.367

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.


Arakawa Chemical Industries  (TSE:4968) 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.


Arakawa Chemical Industries Cyclically Adjusted PB Ratio Related Terms

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Arakawa Chemical Industries Business Description

Traded in Other Exchanges
N/A
Address
No. 3, No. 1, Hirano-cho, Chuo-ku, Osaka, JPN, 541-0046
Arakawa Chemical Industries Ltd is engaged in the production and sales of paper chemicals, resins for printing inks, resins for adhesives/adhesives, and intermediates for electronic materials. It manufactures various paper chemicals including water-repellents, sizing agents, paper surface improving agents, and paper strengthening, and other types of papers. It also provides printing inks for offset printing; book (magazine)-gravures and food-package-gravures. It also offers electronic materials, including rosins for use as raw material of chemicals and electronic components.

Arakawa Chemical Industries Headlines

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