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Takuma Co (TSE:6013) Cyclically Adjusted PB Ratio : 1.97 (As of May. 05, 2024)


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What is Takuma Co Cyclically Adjusted PB Ratio?

As of today (2024-05-05), Takuma Co's current share price is 円1973.00. Takuma Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,001.26. Takuma Co's Cyclically Adjusted PB Ratio for today is 1.97.

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

TSE:6013' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.34   Med: 2.15   Max: 3.65
Current: 1.94

During the past years, Takuma Co's highest Cyclically Adjusted PB Ratio was 3.65. The lowest was 1.34. And the median was 2.15.

TSE:6013's Cyclically Adjusted PB Ratio is ranked worse than
53.62% of 2029 companies
in the Industrial Products industry
Industry Median: 1.8 vs TSE:6013: 1.94

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.

Takuma Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円1,317.184. 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1,001.26 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Takuma Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Takuma 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.

Takuma Co Cyclically Adjusted PB Ratio Chart

Takuma 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 2.31 1.88 3.33 1.76 1.44

Takuma 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 1.37 1.44 1.56 1.59 1.79

Competitive Comparison of Takuma Co's Cyclically Adjusted PB Ratio

For the Pollution & Treatment Controls subindustry, Takuma 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.


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

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

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



Takuma 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1973.00/1001.26
=1.97

* 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.

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

For example, Takuma 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)
=1317.184/106.8000*106.8000
=1,317.184

Current CPI (Dec. 2023) = 106.8000.

Takuma Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 527.485 95.700 588.667
201406 533.665 98.000 581.586
201409 573.011 98.500 621.295
201412 613.167 97.900 668.909
201503 631.513 97.900 688.923
201506 649.499 98.400 704.944
201509 660.179 98.500 715.808
201512 692.003 98.100 753.373
201603 708.160 97.900 772.538
201606 703.781 98.100 766.196
201609 735.932 98.000 802.016
201612 776.563 98.400 842.855
201703 815.759 98.100 888.105
201706 828.255 98.500 898.047
201709 864.810 98.800 934.835
201712 893.213 99.400 959.710
201803 924.228 99.200 995.036
201806 943.038 99.200 1,015.287
201809 965.489 99.900 1,032.174
201812 959.562 99.700 1,027.896
201903 1,000.315 99.700 1,071.551
201906 988.484 99.800 1,057.817
201909 1,013.028 100.100 1,080.833
201912 1,034.782 100.500 1,099.649
202003 1,043.121 100.300 1,110.721
202006 1,057.663 99.900 1,130.715
202009 1,086.883 99.900 1,161.953
202012 1,096.681 99.300 1,179.512
202103 1,109.850 99.900 1,186.506
202106 1,099.040 99.500 1,179.673
202109 1,124.563 100.100 1,199.833
202112 1,128.392 100.100 1,203.919
202203 1,162.834 101.100 1,228.394
202206 1,163.429 101.800 1,220.572
202209 1,199.449 103.100 1,242.494
202212 1,216.112 104.100 1,247.654
202303 1,258.214 104.400 1,287.138
202306 1,267.882 105.200 1,287.165
202309 1,291.484 106.200 1,298.781
202312 1,317.184 106.800 1,317.184

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.


Takuma Co  (TSE:6013) 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.


Takuma Co Cyclically Adjusted PB Ratio Related Terms

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


Takuma Co (TSE:6013) Business Description

Traded in Other Exchanges
N/A
Address
2-2-33 Kinraku-cho, Amagasaki, Hyogo, JPN, 660-0806
Takuma Co Ltd develops a variety of technologies for waste and water treatment. It designs and constructs boilers, plant machinery, pollution-prevention plans, heating and cooling equipment, and sanitation equipment and facilities. Incinerators and recycling centers help sort, treat, and disperse resources in an efficient manner. The majority of customers are in Japan. The company works to provide solid waste treatment plants partnered with a selection of after-sales services and products. Takuma has four operating segments: domestic environment and energy, overseas environment and energy, package boiler, and equipment and system business. Cleaning systems, filters, and other equipment produce comfortable working conditions for customers.

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