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Livesense (TSE:6054) Cyclically Adjusted PB Ratio : 1.68 (As of Jun. 04, 2024)


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What is Livesense Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Livesense's current share price is 円222.00. Livesense's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円131.99. Livesense's Cyclically Adjusted PB Ratio for today is 1.68.

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

TSE:6054' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.15   Med: 1.96   Max: 2.83
Current: 1.66

During the past years, Livesense's highest Cyclically Adjusted PB Ratio was 2.83. The lowest was 1.15. And the median was 1.96.

TSE:6054's Cyclically Adjusted PB Ratio is ranked worse than
51.85% of 297 companies
in the Interactive Media industry
Industry Median: 1.6 vs TSE:6054: 1.66

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.

Livesense's adjusted book value per share data for the three months ended in Mar. 2024 was 円150.146. 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131.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Livesense Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Livesense'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.

Livesense Cyclically Adjusted PB Ratio Chart

Livesense 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 - - 1.59 2.27 1.95

Livesense 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 2.24 2.36 2.58 1.95 1.77

Competitive Comparison of Livesense's Cyclically Adjusted PB Ratio

For the Internet Content & Information subindustry, Livesense'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.


Livesense's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Livesense's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Livesense 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=222.00/131.99
=1.68

* 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.

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

For example, Livesense'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)
=150.146/107.2000*107.2000
=150.146

Current CPI (Mar. 2024) = 107.2000.

Livesense Quarterly Data

Book Value per Share CPI Adj_Book
201406 104.617 98.000 114.438
201409 108.432 98.500 118.009
201412 109.636 97.900 120.051
201503 107.019 97.900 117.185
201506 105.500 98.400 114.935
201509 103.990 98.500 113.175
201512 109.723 98.100 119.901
201603 113.190 97.900 123.942
201606 104.984 98.100 114.723
201609 107.684 98.000 117.793
201612 110.811 98.400 120.721
201703 112.852 98.100 123.320
201706 117.994 98.500 128.416
201709 119.196 98.800 129.330
201712 121.556 99.400 131.095
201803 124.232 99.200 134.251
201806 123.814 99.200 133.799
201809 127.445 99.900 136.758
201812 131.179 99.700 141.047
201903 133.171 99.700 143.189
201906 135.579 99.800 145.632
201909 133.821 100.100 143.313
201912 175.538 100.500 187.241
202003 167.346 100.300 178.858
202006 155.115 99.900 166.450
202009 141.188 99.900 151.505
202012 132.826 99.300 143.393
202103 121.372 99.900 130.241
202106 111.927 99.500 120.589
202109 105.051 100.100 112.502
202112 113.021 100.100 121.037
202203 102.656 101.100 108.850
202206 114.104 101.800 120.157
202209 121.475 103.100 126.306
202212 122.425 104.100 126.071
202303 125.254 104.400 128.613
202306 133.016 105.200 135.545
202309 139.913 106.200 141.230
202312 145.202 106.800 145.746
202403 150.146 107.200 150.146

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.


Livesense  (TSE:6054) 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.


Livesense Cyclically Adjusted PB Ratio Related Terms

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


Livesense (TSE:6054) Business Description

Traded in Other Exchanges
N/A
Address
2-25-2 Kami-Osaki, Meguro Building 5F, Tokyo, JPN
Livesense Inc is engaged in internet media operations. The company is organised into four principal operating divisions - HR information media, real estate information media, e-commerce, and other businesses. Through its human resource information media division, it operates part-time job sites, full-time career change site, career change review site and new graduates job hunting support site. The company operates rental information site and used real estate buying and selling services through its real estate division. Its other business division comprises overseas fashion site, media information site and competitive bidding-type career site.

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