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DOWA Holdings Co (TSE:5714) Cyclically Adjusted PB Ratio : 1.17 (As of Sep. 26, 2024)


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What is DOWA Holdings Co Cyclically Adjusted PB Ratio?

As of today (2024-09-26), DOWA Holdings Co's current share price is 円5310.00. DOWA Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円4,539.88. DOWA Holdings Co's Cyclically Adjusted PB Ratio for today is 1.17.

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

TSE:5714' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.28   Max: 2.09
Current: 1.14

During the past years, DOWA Holdings Co's highest Cyclically Adjusted PB Ratio was 2.09. The lowest was 0.77. And the median was 1.28.

TSE:5714's Cyclically Adjusted PB Ratio is ranked worse than
60.19% of 1585 companies
in the Metals & Mining industry
Industry Median: 0.82 vs TSE:5714: 1.14

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.

DOWA Holdings Co's adjusted book value per share data for the three months ended in Mar. 2024 was 円6,264.932. 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4,539.88 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


DOWA Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for DOWA Holdings 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.

DOWA Holdings Co Cyclically Adjusted PB Ratio Chart

DOWA Holdings 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 0.92 1.41 1.55 1.04 1.18

DOWA Holdings Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.08 1.07 1.16 1.18 -

Competitive Comparison of DOWA Holdings Co's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, DOWA Holdings 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.


DOWA Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, DOWA Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



DOWA Holdings 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.

DOWA Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5310.00/4539.88
=1.17

* 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.

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

For example, DOWA Holdings Co'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)
=6264.932/107.2000*107.2000
=6,264.932

Current CPI (Mar. 2024) = 107.2000.

DOWA Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2,676.555 98.000 2,927.823
201409 2,812.477 98.500 3,060.889
201412 2,987.545 97.900 3,271.347
201503 3,161.473 97.900 3,461.797
201506 3,228.075 98.400 3,516.765
201509 3,263.386 98.500 3,551.624
201512 3,326.812 98.100 3,635.415
201603 3,293.291 97.900 3,606.137
201606 3,218.325 98.100 3,516.865
201609 3,278.625 98.000 3,586.414
201612 3,447.379 98.400 3,755.681
201703 3,705.260 98.100 4,048.969
201706 3,709.619 98.500 4,037.271
201709 3,808.088 98.800 4,131.853
201712 3,978.397 99.400 4,290.585
201803 4,035.046 99.200 4,360.453
201806 3,973.324 99.200 4,293.753
201809 4,003.366 99.900 4,295.904
201812 3,993.008 99.700 4,293.385
201903 4,008.005 99.700 4,309.510
201906 4,021.472 99.800 4,319.657
201909 4,055.298 100.100 4,342.937
201912 4,149.342 100.500 4,425.965
202003 4,191.047 100.300 4,479.364
202006 4,018.011 99.900 4,311.619
202009 4,072.739 99.900 4,370.347
202012 4,211.829 99.300 4,546.909
202103 4,465.417 99.900 4,791.719
202106 4,749.741 99.500 5,117.309
202109 5,005.243 100.100 5,360.260
202112 5,146.011 100.100 5,511.013
202203 5,267.922 101.100 5,585.769
202206 5,514.315 101.800 5,806.823
202209 5,746.054 103.100 5,974.559
202212 5,906.199 104.100 6,082.080
202303 5,794.598 104.400 5,950.009
202306 5,910.392 105.200 6,022.757
202309 6,071.163 106.200 6,128.330
202312 6,227.056 106.800 6,250.378
202403 6,264.932 107.200 6,264.932

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.


DOWA Holdings Co  (TSE:5714) 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.


DOWA Holdings Co Cyclically Adjusted PB Ratio Related Terms

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DOWA Holdings Co Business Description

Traded in Other Exchanges
Address
14-1, Sotokanda 4-chome, Chiyoda-ku, Tokyo, JPN, 101-0021
DOWA Holdings Co Ltd is a Japan-based holding company, with five main business segments. The nonferrous metals segment generates roughly half of group revenue via the production and sale of copper, zinc, lead, gold, silver, and platinum, among other metals. In the environmental management and recycling division, the group engages in waste treatment, soil remediation, resource recycling, and logistics. In the electronic materials segment, the group produces and sells high-purity metal materials, compound semiconductor wafers, conductive materials, battery materials, magnetic materials, reduced iron powder, and other materials. In the metal processing segment, the group produces and sells copper, brass and copper alloy strips, electroplated products, brass rods, and metal-ceramic substrates.

DOWA Holdings Co Headlines

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