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Ryobi (TSE:5851) Cyclically Adjusted PB Ratio : 0.66 (As of May. 21, 2024)


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What is Ryobi Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Ryobi's current share price is 円2587.00. Ryobi's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円3,904.15. Ryobi's Cyclically Adjusted PB Ratio for today is 0.66.

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

TSE:5851' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.54   Max: 1.6
Current: 0.67

During the past years, Ryobi's highest Cyclically Adjusted PB Ratio was 1.60. The lowest was 0.29. And the median was 0.54.

TSE:5851's Cyclically Adjusted PB Ratio is ranked better than
83.56% of 2068 companies
in the Industrial Products industry
Industry Median: 1.845 vs TSE:5851: 0.67

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.

Ryobi's adjusted book value per share data for the three months ended in Mar. 2024 was 円4,928.927. 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3,904.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ryobi Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ryobi'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.

Ryobi Cyclically Adjusted PB Ratio Chart

Ryobi Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.40 0.33 0.32 0.69

Ryobi Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.42 0.55 0.80 0.69 0.76

Competitive Comparison of Ryobi's Cyclically Adjusted PB Ratio

For the Metal Fabrication subindustry, Ryobi'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.


Ryobi's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ryobi's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ryobi 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2587.00/3904.15
=0.66

* 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.

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

For example, Ryobi'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)
=4928.927/107.2000*107.2000
=4,928.927

Current CPI (Mar. 2024) = 107.2000.

Ryobi Quarterly Data

Book Value per Share CPI Adj_Book
201406 2,735.097 98.000 2,991.861
201409 2,771.797 98.500 3,016.616
201412 2,923.292 97.900 3,200.990
201503 3,144.387 97.900 3,443.088
201506 3,192.208 98.400 3,477.690
201509 3,248.215 98.500 3,535.113
201512 3,231.379 98.100 3,531.130
201603 3,201.740 97.900 3,505.889
201606 3,113.850 98.100 3,402.698
201609 3,020.955 98.000 3,304.555
201612 3,091.174 98.400 3,367.620
201703 3,342.910 98.100 3,653.007
201706 3,527.594 98.500 3,839.168
201709 3,628.700 98.800 3,937.213
201712 3,711.053 99.400 4,002.262
201803 3,585.209 99.200 3,874.339
201806 3,645.205 99.200 3,939.173
201809 3,773.877 99.900 4,049.646
201812 3,605.414 99.700 3,876.634
201903 3,712.491 99.700 3,991.766
201906 3,661.702 99.800 3,933.211
201909 3,634.114 100.100 3,891.878
201912 3,723.273 100.500 3,971.491
202003 3,583.418 100.300 3,829.934
202006 3,548.168 99.900 3,807.444
202009 3,566.951 99.900 3,827.599
202012 3,619.131 99.300 3,907.058
202103 3,818.055 99.900 4,097.052
202106 3,806.377 99.500 4,100.941
202109 3,808.478 100.100 4,078.610
202112 3,797.603 100.100 4,066.963
202203 4,035.886 101.100 4,279.396
202206 4,224.832 101.800 4,448.939
202209 4,269.906 103.100 4,439.708
202212 4,153.931 104.100 4,277.631
202303 4,227.952 104.400 4,341.345
202306 4,506.582 105.200 4,592.258
202309 4,669.299 106.200 4,713.266
202312 4,674.343 106.800 4,691.850
202403 4,928.927 107.200 4,928.927

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.


Ryobi  (TSE:5851) 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.


Ryobi Cyclically Adjusted PB Ratio Related Terms

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


Ryobi (TSE:5851) Business Description

Industry
Traded in Other Exchanges
Address
762 Mesaki-cho, Hiroshima-ken, Fuchu-shi, JPN, 726-8628
Ryobi Ltd operates in three segments: Die Castings, Builder's Hardware, and Printing Equipment. Die castings consist of die-cast products for the automobile industry and various other industries; Printing equipment consists of offset printing presses and peripherals; and Builder's Hardware includes door closers, hinges, and architectural hardware products. The majority of its revenue comes from the Die Castings segment.

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