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Gamecard-Joyco Holdings (TSE:6249) Cyclically Adjusted PB Ratio : 0.75 (As of May. 15, 2024)


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What is Gamecard-Joyco Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Gamecard-Joyco Holdings's current share price is 円2345.00. Gamecard-Joyco Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円3,141.34. Gamecard-Joyco Holdings's Cyclically Adjusted PB Ratio for today is 0.75.

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

TSE:6249' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.44   Max: 1.59
Current: 0.77

During the past years, Gamecard-Joyco Holdings's highest Cyclically Adjusted PB Ratio was 1.59. The lowest was 0.34. And the median was 0.44.

TSE:6249's Cyclically Adjusted PB Ratio is ranked better than
80.37% of 2048 companies
in the Industrial Products industry
Industry Median: 1.85 vs TSE:6249: 0.77

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.

Gamecard-Joyco Holdings's adjusted book value per share data for the three months ended in Dec. 2023 was 円3,654.290. 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3,141.34 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gamecard-Joyco Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gamecard-Joyco Holdings'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.

Gamecard-Joyco Holdings Cyclically Adjusted PB Ratio Chart

Gamecard-Joyco Holdings 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 - - 0.42 0.35 1.43

Gamecard-Joyco Holdings 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 0.77 1.43 1.55 1.36 0.71

Competitive Comparison of Gamecard-Joyco Holdings's Cyclically Adjusted PB Ratio

For the Business Equipment & Supplies subindustry, Gamecard-Joyco Holdings'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.


Gamecard-Joyco Holdings's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gamecard-Joyco Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Gamecard-Joyco Holdings's Cyclically Adjusted PB Ratio falls into.



Gamecard-Joyco Holdings 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.

Gamecard-Joyco Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2345.00/3141.34
=0.75

* 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.

Gamecard-Joyco Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Gamecard-Joyco Holdings'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)
=3654.29/106.8000*106.8000
=3,654.290

Current CPI (Dec. 2023) = 106.8000.

Gamecard-Joyco Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 2,933.134 95.700 3,273.341
201406 2,925.772 98.000 3,188.494
201409 2,930.891 98.500 3,177.859
201412 2,921.496 97.900 3,187.087
201503 2,893.521 97.900 3,156.568
201506 2,881.392 98.400 3,127.364
201509 2,879.499 98.500 3,122.137
201512 2,791.578 98.100 3,039.149
201603 2,684.237 97.900 2,928.259
201606 2,678.838 98.100 2,916.411
201609 2,706.042 98.000 2,949.034
201612 2,724.691 98.400 2,957.287
201703 2,653.948 98.100 2,889.313
201706 2,672.879 98.500 2,898.106
201709 2,721.256 98.800 2,941.601
201712 2,747.267 99.400 2,951.792
201803 2,771.316 99.200 2,983.635
201806 2,803.497 99.200 3,018.281
201809 2,837.922 99.900 3,033.935
201812 2,851.103 99.700 3,054.140
201903 2,836.169 99.700 3,038.143
201906 2,845.003 99.800 3,044.552
201909 2,918.443 100.100 3,113.783
201912 2,913.411 100.500 3,096.043
202003 2,919.089 100.300 3,108.262
202006 2,896.736 99.900 3,096.811
202009 2,990.202 99.900 3,196.732
202012 2,987.151 99.300 3,212.767
202103 3,009.640 99.900 3,217.513
202106 3,064.439 99.500 3,289.267
202109 3,067.812 100.100 3,273.150
202112 3,086.628 100.100 3,293.225
202203 3,090.031 101.100 3,264.246
202206 3,071.130 101.800 3,221.971
202209 3,059.921 103.100 3,169.734
202212 3,246.298 104.100 3,330.496
202303 3,233.144 104.400 3,307.469
202306 3,357.444 105.200 3,408.508
202309 3,503.093 106.200 3,522.884
202312 3,654.290 106.800 3,654.290

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.


Gamecard-Joyco Holdings  (TSE:6249) 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.


Gamecard-Joyco Holdings Cyclically Adjusted PB Ratio Related Terms

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Gamecard-Joyco Holdings (TSE:6249) Business Description

Traded in Other Exchanges
N/A
Address
No. 22-22, Ueno Taito-ku, Sakura Park Building, Tokyo, JPN, 110-0005
Gamecard-Joyco Holdings Inc is engaged in the game card and the Joyco businesses.

Gamecard-Joyco Holdings (TSE:6249) Headlines

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