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S Science Co (TSE:5721) Cyclically Adjusted PB Ratio : 0.89 (As of Jun. 23, 2024)


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What is S Science Co Cyclically Adjusted PB Ratio?

As of today (2024-06-23), S Science Co's current share price is 円22.00. S Science Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円24.85. S Science Co's Cyclically Adjusted PB Ratio for today is 0.89.

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

TSE:5721' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.53   Max: 3.27
Current: 0.89

During the past years, S Science Co's highest Cyclically Adjusted PB Ratio was 3.27. The lowest was 0.80. And the median was 1.53.

TSE:5721's Cyclically Adjusted PB Ratio is ranked better than
52.31% of 455 companies
in the Conglomerates industry
Industry Median: 0.98 vs TSE:5721: 0.89

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.

S Science Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円21.974. 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24.85 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


S Science Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for S Science 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.

S Science Co Cyclically Adjusted PB Ratio Chart

S Science 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 2.41 1.34 1.76 1.53 1.01

S Science 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 1.01 1.01 1.00 0.92 0.85

Competitive Comparison of S Science Co's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, S Science 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.


S Science Co's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, S Science Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



S Science 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.

S Science Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=22.00/24.85
=0.89

* 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.

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

For example, S Science 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)
=21.974/106.8000*106.8000
=21.974

Current CPI (Dec. 2023) = 106.8000.

S Science Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 28.748 95.700 32.082
201406 26.834 98.000 29.244
201409 30.316 98.500 32.871
201412 28.025 97.900 30.573
201503 21.671 97.900 23.641
201506 21.730 98.400 23.585
201509 21.130 98.500 22.910
201512 20.568 98.100 22.392
201603 23.580 97.900 25.724
201606 22.750 98.100 24.768
201609 27.457 98.000 29.923
201612 26.999 98.400 29.304
201703 28.836 98.100 31.393
201706 29.861 98.500 32.377
201709 30.033 98.800 32.465
201712 29.640 99.400 31.847
201803 28.383 99.200 30.558
201806 28.350 99.200 30.522
201809 27.892 99.900 29.818
201812 23.776 99.700 25.469
201903 24.173 99.700 25.894
201906 23.235 99.800 24.865
201909 22.382 100.100 23.880
201912 21.833 100.500 23.202
202003 20.525 100.300 21.855
202006 19.898 99.900 21.272
202009 19.424 99.900 20.766
202012 18.974 99.300 20.407
202103 17.875 99.900 19.110
202106 18.405 99.500 19.755
202109 18.718 100.100 19.971
202112 19.694 100.100 21.012
202203 18.998 101.100 20.069
202206 18.774 101.800 19.696
202209 18.450 103.100 19.112
202212 18.930 104.100 19.421
202303 18.580 104.400 19.007
202306 19.763 105.200 20.064
202309 20.935 106.200 21.053
202312 21.974 106.800 21.974

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.


S Science Co  (TSE:5721) 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.


S Science Co Cyclically Adjusted PB Ratio Related Terms

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


S Science Co (TSE:5721) Business Description

Traded in Other Exchanges
N/A
Address
8-9-13 Ginza, Chuo-ku, Tokyo, JPN
S-Science Co.,Ltd. is a Japan-based company primarily engaged in the nickel business. It is also engaged in education, real estate buying and selling intermediary, and city revitalization businesses, as well as environment-related business.

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