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Cocolonet Co (TSE:6060) Cyclically Adjusted PB Ratio : 0.43 (As of Sep. 27, 2024)


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What is Cocolonet Co Cyclically Adjusted PB Ratio?

As of today (2024-09-27), Cocolonet Co's current share price is 円1024.00. Cocolonet Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円2,384.99. Cocolonet Co's Cyclically Adjusted PB Ratio for today is 0.43.

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

TSE:6060' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.41   Max: 0.48
Current: 0.4

During the past years, Cocolonet Co's highest Cyclically Adjusted PB Ratio was 0.48. The lowest was 0.37. And the median was 0.41.

TSE:6060's Cyclically Adjusted PB Ratio is ranked better than
85.96% of 57 companies
in the Personal Services industry
Industry Median: 1.52 vs TSE:6060: 0.40

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.

Cocolonet Co's adjusted book value per share data for the three months ended in Mar. 2024 was 円2,273.000. 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2,384.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cocolonet Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cocolonet 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.

Cocolonet Co Cyclically Adjusted PB Ratio Chart

Cocolonet 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 - - 0.41 0.43 0.45

Cocolonet 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 0.43 0.41 0.43 0.41 0.45

Competitive Comparison of Cocolonet Co's Cyclically Adjusted PB Ratio

For the Personal Services subindustry, Cocolonet 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.


Cocolonet Co's Cyclically Adjusted PB Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Cocolonet Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Cocolonet 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1024.00/2384.99
=0.43

* 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.

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

For example, Cocolonet 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)
=2273/107.2000*107.2000
=2,273.000

Current CPI (Mar. 2024) = 107.2000.

Cocolonet Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2,021.597 98.000 2,211.380
201409 2,013.763 98.500 2,191.628
201412 2,079.382 97.900 2,276.913
201503 2,096.412 97.900 2,295.560
201506 2,109.576 98.400 2,298.237
201509 2,136.483 98.500 2,325.188
201512 2,171.046 98.100 2,372.438
201603 2,150.403 97.900 2,354.680
201606 2,215.366 98.100 2,420.869
201609 2,220.625 98.000 2,429.092
201612 2,299.651 98.400 2,505.311
201703 2,262.846 98.100 2,472.753
201706 2,282.204 98.500 2,483.779
201709 2,333.120 98.800 2,531.482
201712 2,365.938 99.400 2,551.595
201803 2,299.095 99.200 2,484.506
201806 2,316.700 99.200 2,503.531
201809 2,372.564 99.900 2,545.935
201812 2,387.576 99.700 2,567.183
201903 2,329.664 99.700 2,504.915
201906 2,336.822 99.800 2,510.093
201909 2,404.293 100.100 2,574.827
201912 2,408.946 100.500 2,569.542
202003 2,350.843 100.300 2,512.566
202006 2,321.157 99.900 2,490.771
202009 2,362.837 99.900 2,535.497
202012 2,360.446 99.300 2,548.236
202103 2,106.424 99.900 2,260.347
202106 2,104.323 99.500 2,267.170
202109 2,123.143 100.100 2,273.736
202112 2,126.966 100.100 2,277.830
202203 2,146.025 101.100 2,275.508
202206 2,153.376 101.800 2,267.602
202209 2,189.881 103.100 2,276.966
202212 2,203.650 104.100 2,269.273
202303 2,148.290 104.400 2,205.907
202306 2,159.684 105.200 2,200.743
202309 2,203.287 106.200 2,224.034
202312 2,250.371 106.800 2,258.799
202403 2,273.000 107.200 2,273.000

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.


Cocolonet Co  (TSE:6060) 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.


Cocolonet Co Cyclically Adjusted PB Ratio Related Terms

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


Cocolonet Co Business Description

Traded in Other Exchanges
N/A
Address
15-1, Funatomae, Kamata, Fukushima-shi, Fukushima, JPN, 960-0102
Cocolonet Co Ltd is a Japan-based company engaged in providing funeral and wedding services. It is also involved in the wholesale and retail of tombstones; and operation of housing for elderly people.

Cocolonet Co Headlines

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