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Chofu Seisakusho Co (TSE:5946) Cyclically Adjusted PB Ratio : 0.56 (As of Jun. 12, 2024)


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What is Chofu Seisakusho Co Cyclically Adjusted PB Ratio?

As of today (2024-06-12), Chofu Seisakusho Co's current share price is 円2162.00. Chofu Seisakusho Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円3,832.40. Chofu Seisakusho Co's Cyclically Adjusted PB Ratio for today is 0.56.

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

TSE:5946' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.61   Max: 0.79
Current: 0.56

During the past years, Chofu Seisakusho Co's highest Cyclically Adjusted PB Ratio was 0.79. The lowest was 0.49. And the median was 0.61.

TSE:5946's Cyclically Adjusted PB Ratio is ranked better than
78.27% of 313 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.42 vs TSE:5946: 0.56

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.

Chofu Seisakusho Co's adjusted book value per share data for the three months ended in Mar. 2024 was 円3,946.587. 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3,832.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chofu Seisakusho Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Chofu Seisakusho 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.

Chofu Seisakusho Co Cyclically Adjusted PB Ratio Chart

Chofu Seisakusho Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.61 0.58 0.52 0.53

Chofu Seisakusho Co 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 0.60 0.67 0.55 0.53 0.57

Competitive Comparison of Chofu Seisakusho Co's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Chofu Seisakusho 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.


Chofu Seisakusho Co's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Chofu Seisakusho Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Chofu Seisakusho 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.

Chofu Seisakusho Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2162.00/3832.4
=0.56

* 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.

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

For example, Chofu Seisakusho 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)
=3946.587/107.2000*107.2000
=3,946.587

Current CPI (Mar. 2024) = 107.2000.

Chofu Seisakusho Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 3,340.443 98.000 3,654.036
201409 3,354.432 98.500 3,650.712
201412 3,412.933 97.900 3,737.144
201503 3,415.034 97.900 3,739.445
201506 3,427.700 98.400 3,734.242
201509 3,407.752 98.500 3,708.741
201512 3,449.432 98.100 3,769.410
201603 3,430.636 97.900 3,756.529
201606 3,413.135 98.100 3,729.746
201609 3,425.195 98.000 3,746.744
201612 3,482.880 98.400 3,794.357
201703 3,486.478 98.100 3,809.892
201706 3,518.429 98.500 3,829.194
201709 3,519.898 98.800 3,819.161
201712 3,573.725 99.400 3,854.158
201803 3,556.051 99.200 3,842.829
201806 3,585.613 99.200 3,874.775
201809 3,582.246 99.900 3,844.012
201812 3,574.013 99.700 3,842.871
201903 3,582.015 99.700 3,851.475
201906 3,547.617 99.800 3,810.667
201909 3,549.978 100.100 3,801.775
201912 3,595.792 100.500 3,835.511
202003 3,515.623 100.300 3,757.475
202006 3,560.097 99.900 3,820.244
202009 3,592.539 99.900 3,855.057
202012 3,633.731 99.300 3,922.819
202103 3,677.140 99.900 3,945.840
202106 3,678.378 99.500 3,963.036
202109 3,686.380 100.100 3,947.852
202112 3,693.231 100.100 3,955.188
202203 3,676.708 101.100 3,898.547
202206 3,691.389 101.800 3,887.199
202209 3,706.035 103.100 3,853.414
202212 3,737.468 104.100 3,848.766
202303 3,789.680 104.400 3,891.319
202306 3,855.552 105.200 3,928.851
202309 3,869.190 106.200 3,905.623
202312 3,916.032 106.800 3,930.699
202403 3,946.587 107.200 3,946.587

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.


Chofu Seisakusho Co  (TSE:5946) 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.


Chofu Seisakusho Co Cyclically Adjusted PB Ratio Related Terms

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Chofu Seisakusho Co (TSE:5946) Business Description

Traded in Other Exchanges
N/A
Address
2-1 Chofuogimachi, Shimonoseki-shi, YMC, JPN, 752-8555
Chofu Seisakusho Co Ltd is a Japanese manufacturing company that produces and sells water heaters, air conditioners, heat pump systems, solar equipment, and commercial equipment. It operates solely across Japan. These operations are divided among its sales and marketing, manufacturing and engineering, research and development, and quality control activities.

Chofu Seisakusho Co (TSE:5946) Headlines

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