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Sanwa Holdings (TSE:5929) Cyclically Adjusted PB Ratio : 3.87 (As of May. 28, 2024)


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What is Sanwa Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Sanwa Holdings's current share price is 円2996.50. Sanwa Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円774.38. Sanwa Holdings's Cyclically Adjusted PB Ratio for today is 3.87.

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

TSE:5929' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.3   Med: 2.41   Max: 3.81
Current: 3.81

During the past years, Sanwa Holdings's highest Cyclically Adjusted PB Ratio was 3.81. The lowest was 1.30. And the median was 2.41.

TSE:5929's Cyclically Adjusted PB Ratio is ranked worse than
86.84% of 1216 companies
in the Construction industry
Industry Median: 1.11 vs TSE:5929: 3.81

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.

Sanwa Holdings's adjusted book value per share data for the three months ended in Dec. 2023 was 円1,261.304. 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774.38 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sanwa Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sanwa Holdings'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.

Sanwa Holdings Cyclically Adjusted PB Ratio Chart

Sanwa Holdings 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 1.60 2.57 2.01 2.01 -

Sanwa Holdings 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 2.01 2.57 2.65 2.76 -

Competitive Comparison of Sanwa Holdings's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, Sanwa Holdings'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.


Sanwa Holdings's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sanwa Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sanwa Holdings 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2996.50/774.38
=3.87

* 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.

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

For example, Sanwa Holdings'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)
=1261.304/106.8000*106.8000
=1,261.304

Current CPI (Dec. 2023) = 106.8000.

Sanwa Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 475.309 95.700 530.439
201406 489.939 98.000 533.934
201409 499.916 98.500 542.041
201412 503.933 97.900 549.745
201503 542.408 97.900 591.718
201506 521.216 98.400 565.710
201509 547.333 98.500 593.453
201512 520.244 98.100 566.382
201603 566.786 97.900 618.312
201606 532.662 98.100 579.901
201609 527.726 98.000 575.114
201612 525.938 98.400 570.835
201703 608.468 98.100 662.430
201706 580.450 98.500 629.361
201709 624.230 98.800 674.775
201712 631.027 99.400 678.005
201803 668.025 99.200 719.204
201806 639.445 99.200 688.435
201809 666.523 99.900 712.559
201812 676.808 99.700 725.006
201903 714.592 99.700 765.481
201906 694.653 99.800 743.376
201909 707.936 100.100 755.320
201912 694.928 100.500 738.491
202003 744.157 100.300 792.383
202006 725.048 99.900 775.126
202009 753.213 99.900 805.237
202012 759.611 99.300 816.983
202103 815.350 99.900 871.665
202106 828.442 99.500 889.222
202109 863.400 100.100 921.190
202112 856.369 100.100 913.688
202203 913.985 101.100 965.515
202206 938.521 101.800 984.617
202209 1,043.899 103.100 1,081.362
202212 1,090.365 104.100 1,118.645
202303 1,090.017 104.400 1,115.075
202306 1,096.586 105.200 1,113.264
202309 1,232.943 106.200 1,239.909
202312 1,261.304 106.800 1,261.304

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.


Sanwa Holdings  (TSE:5929) 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.


Sanwa Holdings Cyclically Adjusted PB Ratio Related Terms

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


Sanwa Holdings (TSE:5929) Business Description

Traded in Other Exchanges
Address
Nishi-Shinjuku 2-1-1, Shinjuku Mitsui Building, 52nd Floor, Shinjuku-ku, Tokyo, JPN, 163-0478
Sanwa Holdings Corp produces doors for residential and non-residential buildings through its subsidiaries. It offers condominium doors, window shutters, exterior products, garage doors, operators, and hinge doors for residential buildings; and heavy-duty shutters, steel doors, partitions, stainless steel products, overhead doors, automatic doors, truck/trailer doors, and industrial doors for non-residential buildings. The company operates in Japan, North America, and Europe.

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