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Architects Studio Japan (TSE:6085) Cyclically Adjusted PB Ratio : 1.09 (As of Jun. 12, 2024)


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What is Architects Studio Japan Cyclically Adjusted PB Ratio?

As of today (2024-06-12), Architects Studio Japan's current share price is 円518.00. Architects Studio Japan's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円476.84. Architects Studio Japan's Cyclically Adjusted PB Ratio for today is 1.09.

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

TSE:6085' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.02   Max: 1.46
Current: 1.07

During the past years, Architects Studio Japan's highest Cyclically Adjusted PB Ratio was 1.46. The lowest was 0.80. And the median was 1.02.

TSE:6085's Cyclically Adjusted PB Ratio is ranked better than
50.75% of 1271 companies
in the Construction industry
Industry Median: 1.09 vs TSE:6085: 1.07

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.

Architects Studio Japan's adjusted book value per share data for the three months ended in Dec. 2023 was 円-32.891. 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476.84 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Architects Studio Japan Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Architects Studio Japan'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.

Architects Studio Japan Cyclically Adjusted PB Ratio Chart

Architects Studio Japan 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 - - - - 0.94

Architects Studio Japan 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 - 0.94 0.95 1.00 1.34

Competitive Comparison of Architects Studio Japan's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Architects Studio Japan'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.


Architects Studio Japan's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Architects Studio Japan's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Architects Studio Japan 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.

Architects Studio Japan's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=518.00/476.84
=1.09

* 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.

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

For example, Architects Studio Japan'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)
=-32.891/106.8000*106.8000
=-32.891

Current CPI (Dec. 2023) = 106.8000.

Architects Studio Japan Quarterly Data

Book Value per Share CPI Adj_Book
201403 868.951 95.700 969.738
201406 860.641 98.000 937.923
201409 866.228 98.500 939.220
201412 875.560 97.900 955.156
201503 891.369 97.900 972.403
201506 882.038 98.400 957.334
201509 862.756 98.500 935.455
201512 873.959 98.100 951.466
201603 816.949 97.900 891.217
201606 780.019 98.100 849.195
201609 736.245 98.000 802.357
201612 609.494 98.400 661.524
201703 654.235 98.100 712.256
201706 608.445 98.500 659.715
201709 632.926 98.800 684.175
201712 596.539 99.400 640.949
201803 512.727 99.200 552.009
201806 483.013 99.200 520.018
201809 487.013 99.900 520.651
201812 449.593 99.700 481.610
201903 532.461 99.700 570.379
201906 430.997 99.800 461.227
201909 350.952 100.100 374.442
201912 285.079 100.500 302.950
202003 221.064 100.300 235.390
202006 159.773 99.900 170.808
202009 116.168 99.900 124.192
202012 109.695 99.300 117.980
202103 107.245 99.900 114.652
202106 38.800 99.500 41.647
202109 -23.427 100.100 -24.995
202112 208.775 100.100 222.749
202203 239.398 101.100 252.895
202206 185.639 101.800 194.757
202209 146.839 103.100 152.109
202212 104.595 104.100 107.308
202303 64.900 104.400 66.392
202306 22.624 105.200 22.968
202309 4.269 106.200 4.293
202312 -32.891 106.800 -32.891

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.


Architects Studio Japan  (TSE:6085) 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.


Architects Studio Japan Cyclically Adjusted PB Ratio Related Terms

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


Architects Studio Japan (TSE:6085) Business Description

Traded in Other Exchanges
N/A
Address
3-23-14 Takanawa, Minato-ku, Tokyo, JPN, 108-0074
ARCHITECTS STUDIO JAPAN INC develops a network of architects in Japan. It also provides a platform to connect architects, home building companies and clients. It offers services for various projects, including renovations, medical facilities, rental properties, commercial developments, and other projects.

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