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Dainichi Co (TSE:5951) Cyclically Adjusted PB Ratio : 0.41 (As of Jun. 03, 2025)


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What is Dainichi Co Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Dainichi Co's current share price is 円652.00. Dainichi Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円1,587.06. Dainichi Co's Cyclically Adjusted PB Ratio for today is 0.41.

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

TSE:5951' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.47   Max: 0.7
Current: 0.41

During the past years, Dainichi Co's highest Cyclically Adjusted PB Ratio was 0.70. The lowest was 0.36. And the median was 0.47.

TSE:5951's Cyclically Adjusted PB Ratio is ranked better than
81.87% of 320 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.305 vs TSE:5951: 0.41

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.

Dainichi Co's adjusted book value per share data for the three months ended in Sep. 2024 was 円1,658.845. 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1,587.06 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dainichi Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dainichi 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.

Dainichi Co Cyclically Adjusted PB Ratio Chart

Dainichi 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 0.43 0.61 0.46 0.45 0.45

Dainichi Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 0.48 0.48 0.46 0.45 0.40

Competitive Comparison of Dainichi Co's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Dainichi 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.


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

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

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


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Dainichi 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=652.00/1587.06
=0.41

* 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.

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

For example, Dainichi Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1658.845/108.9000*108.9000
=1,658.845

Current CPI (Sep. 2024) = 108.9000.

Dainichi Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 1,353.431 98.500 1,496.331
201412 1,428.753 97.900 1,589.287
201503 1,390.462 97.900 1,546.694
201506 1,348.582 98.400 1,492.486
201509 1,359.847 98.500 1,503.425
201512 1,431.035 98.100 1,588.580
201603 1,376.707 97.900 1,531.393
201606 1,313.778 98.100 1,458.414
201609 1,342.523 98.000 1,491.844
201612 1,428.195 98.400 1,580.594
201703 1,388.062 98.100 1,540.876
201706 1,344.205 98.500 1,486.131
201709 1,369.554 98.800 1,509.559
201712 1,457.712 99.400 1,597.031
201803 1,410.258 99.200 1,548.156
201806 1,355.896 99.200 1,488.479
201809 1,385.535 99.900 1,510.358
201812 1,515.029 99.700 1,654.831
201903 1,456.476 99.700 1,590.875
201906 1,398.470 99.800 1,525.986
201909 1,417.525 100.100 1,542.143
201912 1,501.456 100.500 1,626.951
202003 1,432.010 100.300 1,554.795
202006 1,389.262 99.900 1,514.421
202009 1,414.240 99.900 1,541.649
202012 1,516.969 99.300 1,663.625
202103 1,509.362 99.900 1,645.341
202106 1,461.225 99.500 1,599.270
202109 1,492.754 100.100 1,623.985
202112 1,579.214 100.100 1,718.046
202203 1,548.911 101.100 1,668.412
202206 1,509.368 101.800 1,614.638
202209 1,552.391 103.100 1,639.722
202212 1,647.986 104.100 1,723.974
202303 1,612.372 104.400 1,681.871
202306 1,577.235 105.200 1,632.708
202309 1,626.457 106.200 1,667.808
202312 1,698.972 106.800 1,732.379
202403 1,673.999 107.200 1,700.546
202409 1,658.845 108.900 1,658.845

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.


Dainichi Co  (TSE:5951) 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.


Dainichi Co Cyclically Adjusted PB Ratio Related Terms

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


Dainichi Co Business Description

Traded in Other Exchanges
N/A
Address
780-6 Kitatanaka, Minami-ku, Niigata, JPN, 950-1295
Dainichi Co Ltd engages in the manufacture and sale of oil fan heaters, ceramic fan heaters, coffee makers and others. Its products include household fan heaters, commercial oil stoves, coffee maker with roasters, coffee bean roasters, smoke machines, automatic feeding machines, photosynthesis promotion machines, and horticulture dedicated heaters.

Dainichi Co Headlines

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