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WILL GROUP (TSE:6089) Cyclically Adjusted PB Ratio : 2.85 (As of May. 21, 2024)


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What is WILL GROUP Cyclically Adjusted PB Ratio?

As of today (2024-05-21), WILL GROUP's current share price is 円977.00. WILL GROUP's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円342.70. WILL GROUP's Cyclically Adjusted PB Ratio for today is 2.85.

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

TSE:6089' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.85   Med: 3.43   Max: 3.72
Current: 2.85

During the past years, WILL GROUP's highest Cyclically Adjusted PB Ratio was 3.72. The lowest was 2.85. And the median was 3.43.

TSE:6089's Cyclically Adjusted PB Ratio is ranked worse than
69.7% of 660 companies
in the Business Services industry
Industry Median: 1.58 vs TSE:6089: 2.85

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.

WILL GROUP's adjusted book value per share data for the three months ended in Dec. 2023 was 円703.846. 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342.70 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


WILL GROUP Cyclically Adjusted PB Ratio Historical Data

The historical data trend for WILL GROUP'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.

WILL GROUP Cyclically Adjusted PB Ratio Chart

WILL GROUP 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 - - - - 3.64

WILL GROUP 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 - 3.64 3.50 3.32 3.37

Competitive Comparison of WILL GROUP's Cyclically Adjusted PB Ratio

For the Staffing & Employment Services subindustry, WILL GROUP'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.


WILL GROUP's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, WILL GROUP's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



WILL GROUP 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.

WILL GROUP's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=977.00/342.7
=2.85

* 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.

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

For example, WILL GROUP'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)
=703.846/106.8000*106.8000
=703.846

Current CPI (Dec. 2023) = 106.8000.

WILL GROUP Quarterly Data

Book Value per Share CPI Adj_Book
201403 134.544 95.700 150.149
201406 133.131 98.000 145.086
201409 142.620 98.500 154.638
201412 150.198 97.900 163.852
201503 160.818 97.900 175.438
201506 169.733 98.400 184.222
201509 167.953 98.500 182.105
201512 181.928 98.100 198.062
201603 191.135 97.900 208.511
201606 176.605 98.100 192.267
201609 173.091 98.000 188.634
201612 185.994 98.400 201.872
201703 181.764 98.100 197.884
201706 295.382 98.500 320.272
201709 367.826 98.800 397.609
201712 393.499 99.400 422.794
201803 319.019 99.200 343.460
201806 336.883 99.200 362.693
201809 301.465 99.900 322.287
201812 314.874 99.700 337.297
201903 188.702 99.700 202.140
201906 136.951 99.800 146.557
201909 159.217 100.100 169.874
201912 192.577 100.500 204.649
202003 235.444 100.300 250.702
202006 261.179 99.900 279.218
202009 309.321 99.900 330.686
202012 334.972 99.300 360.272
202103 370.103 99.900 395.666
202106 390.636 99.500 419.296
202109 442.528 100.100 472.148
202112 519.664 100.100 554.447
202203 505.065 101.100 533.540
202206 537.796 101.800 564.210
202209 594.416 103.100 615.748
202212 600.826 104.100 616.409
202303 646.004 104.400 660.855
202306 665.510 105.200 675.632
202309 699.183 106.200 703.133
202312 703.846 106.800 703.846

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.


WILL GROUP  (TSE:6089) 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.


WILL GROUP Cyclically Adjusted PB Ratio Related Terms

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


WILL GROUP (TSE:6089) Business Description

Traded in Other Exchanges
N/A
Address
Harmony Tower 27th floor, No. 32, No. 2, Honcho, Nakano-ku, Tokyo, JPN, 164-0012
WILL GROUP INC provides recruitment services. The company offers staffing and employee placement services in Japan.

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