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Y.A.C.Holdings Co (TSE:6298) Cyclically Adjusted PB Ratio : 1.40 (As of Jun. 09, 2024)


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What is Y.A.C.Holdings Co Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Y.A.C.Holdings Co's current share price is 円2350.00. Y.A.C.Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,677.99. Y.A.C.Holdings Co's Cyclically Adjusted PB Ratio for today is 1.40.

The historical rank and industry rank for Y.A.C.Holdings Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSE:6298' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.69   Max: 2.08
Current: 1.4

During the past years, Y.A.C.Holdings Co's highest Cyclically Adjusted PB Ratio was 2.08. The lowest was 0.23. And the median was 0.69.

TSE:6298's Cyclically Adjusted PB Ratio is ranked better than
59.35% of 1899 companies
in the Hardware industry
Industry Median: 1.67 vs TSE:6298: 1.40

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.

Y.A.C.Holdings Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円1,774.345. 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1,677.99 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Y.A.C.Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Y.A.C.Holdings 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.

Y.A.C.Holdings Co Cyclically Adjusted PB Ratio Chart

Y.A.C.Holdings Co 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 0.51 0.29 0.66 1.10 1.70

Y.A.C.Holdings Co 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 1.00 1.70 1.90 1.56 1.35

Competitive Comparison of Y.A.C.Holdings Co's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Y.A.C.Holdings 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.


Y.A.C.Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Y.A.C.Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Y.A.C.Holdings Co's Cyclically Adjusted PB Ratio falls into.



Y.A.C.Holdings 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.

Y.A.C.Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2350.00/1677.99
=1.40

* 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.

Y.A.C.Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Y.A.C.Holdings Co'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)
=1774.345/106.8000*106.8000
=1,774.345

Current CPI (Dec. 2023) = 106.8000.

Y.A.C.Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,460.913 95.700 1,630.361
201406 1,416.706 98.000 1,543.920
201409 1,437.265 98.500 1,558.375
201412 1,445.944 97.900 1,577.393
201503 1,523.672 97.900 1,662.188
201506 1,529.206 98.400 1,659.748
201509 1,536.584 98.500 1,666.063
201512 1,480.427 98.100 1,611.719
201603 1,486.218 97.900 1,621.329
201606 1,446.312 98.100 1,574.578
201609 1,483.574 98.000 1,616.793
201612 1,494.383 98.400 1,621.952
201703 1,550.498 98.100 1,688.004
201706 1,533.389 98.500 1,662.598
201709 1,562.893 98.800 1,689.443
201712 1,563.422 99.400 1,679.814
201803 1,583.708 99.200 1,705.040
201806 1,560.722 99.200 1,680.293
201809 1,575.558 99.900 1,684.380
201812 1,597.302 99.700 1,711.052
201903 1,665.492 99.700 1,784.098
201906 1,604.913 99.800 1,717.482
201909 1,575.511 100.100 1,680.965
201912 1,465.780 100.500 1,557.665
202003 1,531.310 100.300 1,630.547
202006 1,516.846 99.900 1,621.613
202009 1,552.620 99.900 1,659.858
202012 1,527.667 99.300 1,643.050
202103 1,554.427 99.900 1,661.790
202106 1,561.030 99.500 1,675.558
202109 1,622.987 100.100 1,731.618
202112 1,621.556 100.100 1,730.092
202203 1,678.432 101.100 1,773.062
202206 1,677.556 101.800 1,759.951
202209 1,720.601 103.100 1,782.349
202212 1,716.110 104.100 1,760.620
202303 1,740.964 104.400 1,780.986
202306 1,713.065 105.200 1,739.119
202309 1,799.814 106.200 1,809.982
202312 1,774.345 106.800 1,774.345

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.


Y.A.C.Holdings Co  (TSE:6298) 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.


Y.A.C.Holdings Co Cyclically Adjusted PB Ratio Related Terms

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Y.A.C.Holdings Co (TSE:6298) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3-11-10, Musashino, Akishima-shi, Tokyo, JPN, 196-0021
Y.A.C.Holdings Co Ltd is engaged in the manufacture and sale of industrial electronics and cleaning-related products in Japan. Its products include plasma systems, memory disks, semiconductors, photovoltaics and cleaning systems.

Y.A.C.Holdings Co (TSE:6298) Headlines

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