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Taisei Lamick Co (TSE:4994) Cyclically Adjusted PB Ratio : 0.93 (As of Jun. 09, 2024)


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What is Taisei Lamick Co Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Taisei Lamick Co's current share price is 円2818.00. Taisei Lamick Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円3,042.50. Taisei Lamick Co's Cyclically Adjusted PB Ratio for today is 0.93.

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

TSE:4994' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.92   Med: 1.11   Max: 1.47
Current: 0.93

During the past years, Taisei Lamick Co's highest Cyclically Adjusted PB Ratio was 1.47. The lowest was 0.92. And the median was 1.11.

TSE:4994's Cyclically Adjusted PB Ratio is ranked better than
61.89% of 307 companies
in the Packaging & Containers industry
Industry Median: 1.25 vs TSE:4994: 0.93

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.

Taisei Lamick Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円3,695.177. 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3,042.50 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taisei Lamick Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Taisei Lamick 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.

Taisei Lamick Co Cyclically Adjusted PB Ratio Chart

Taisei Lamick Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.21 1.05 1.15 1.01 1.00

Taisei Lamick Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.05 1.00 0.99 1.00 0.95

Competitive Comparison of Taisei Lamick Co's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, Taisei Lamick 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.


Taisei Lamick Co's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Taisei Lamick Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Taisei Lamick 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.

Taisei Lamick Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2818.00/3042.5
=0.93

* 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.

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

For example, Taisei Lamick 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)
=3695.177/106.8000*106.8000
=3,695.177

Current CPI (Dec. 2023) = 106.8000.

Taisei Lamick Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 2,129.687 95.700 2,376.704
201406 2,145.877 98.000 2,338.568
201409 2,184.097 98.500 2,368.138
201412 2,189.180 97.900 2,388.196
201503 2,215.916 97.900 2,417.363
201506 2,251.306 98.400 2,443.491
201509 2,295.761 98.500 2,489.211
201512 2,317.290 98.100 2,522.799
201603 2,336.418 97.900 2,548.820
201606 2,360.810 98.100 2,570.178
201609 2,420.900 98.000 2,638.287
201612 2,390.166 98.400 2,594.205
201703 2,673.364 98.100 2,910.451
201706 2,678.460 98.500 2,904.158
201709 2,753.010 98.800 2,975.926
201712 2,765.064 99.400 2,970.914
201803 2,802.884 99.200 3,017.621
201806 2,816.140 99.200 3,031.893
201809 2,852.277 99.900 3,049.281
201812 2,821.783 99.700 3,022.732
201903 2,865.024 99.700 3,069.053
201906 2,866.125 99.800 3,067.156
201909 2,903.015 100.100 3,097.323
201912 2,916.429 100.500 3,099.250
202003 2,922.370 100.300 3,111.756
202006 2,972.648 99.900 3,177.966
202009 3,038.260 99.900 3,248.110
202012 3,035.877 99.300 3,265.173
202103 3,064.011 99.900 3,275.639
202106 3,141.382 99.500 3,371.855
202109 3,243.098 100.100 3,460.168
202112 3,293.720 100.100 3,514.179
202203 3,369.919 101.100 3,559.914
202206 3,482.939 101.800 3,654.007
202209 3,568.410 103.100 3,696.471
202212 3,577.372 104.100 3,670.157
202303 3,608.370 104.400 3,691.321
202306 3,661.874 105.200 3,717.568
202309 3,658.336 106.200 3,679.005
202312 3,695.177 106.800 3,695.177

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.


Taisei Lamick Co  (TSE:4994) 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.


Taisei Lamick Co Cyclically Adjusted PB Ratio Related Terms

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Taisei Lamick Co (TSE:4994) Business Description

Traded in Other Exchanges
N/A
Address
873-1 Shimo-Ohsaki Shiraoka-machi, Minamisaitama-gun, Saitama, JPN, 349-0293
Taisei Lamick Co Ltd is a Japan-based company offering packaging materials and solutions. The company is mainly engaged in the manufacturing and sale of packaging products including plastic films, retort pouches and pouches with zippers for automatic filling with liquids and pastes. Taisei Lamick also produces and sells automated high-speed filling machines under the name DANGAN, and provides peripheral equipment, such as high-speed cutting machines and continuous cooling systems for packaging bags.

Taisei Lamick Co (TSE:4994) Headlines

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