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RORZE (TSE:6323) Cyclically Adjusted PB Ratio : 19.24 (As of May. 20, 2024)


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What is RORZE Cyclically Adjusted PB Ratio?

As of today (2024-05-20), RORZE's current share price is 円32650.00. RORZE's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 was 円1,697.18. RORZE's Cyclically Adjusted PB Ratio for today is 19.24.

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

TSE:6323' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.11   Med: 7.53   Max: 19.59
Current: 19.59

During the past years, RORZE's highest Cyclically Adjusted PB Ratio was 19.59. The lowest was 2.11. And the median was 7.53.

TSE:6323's Cyclically Adjusted PB Ratio is ranked worse than
96.49% of 684 companies
in the Semiconductors industry
Industry Median: 2.505 vs TSE:6323: 19.59

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.

RORZE's adjusted book value per share data for the three months ended in Nov. 2023 was 円5,190.612. 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1,697.18 for the trailing ten years ended in Nov. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


RORZE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for RORZE'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.

RORZE Cyclically Adjusted PB Ratio Chart

RORZE Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.71 8.91 10.49 7.96 -

RORZE Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 7.96 7.66 7.43 8.58 -

Competitive Comparison of RORZE's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, RORZE'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.


RORZE's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, RORZE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



RORZE 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.

RORZE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=32650.00/1697.18
=19.24

* 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.

RORZE's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 is calculated as:

For example, RORZE's adjusted Book Value per Share data for the three months ended in Nov. 2023 was:

Adj_Book=Book Value per Share/CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=5190.612/106.9000*106.9000
=5,190.612

Current CPI (Nov. 2023) = 106.9000.

RORZE Quarterly Data

Book Value per Share CPI Adj_Book
201402 477.216 95.500 534.182
201405 465.221 98.100 506.953
201408 477.276 98.300 519.032
201411 518.128 97.900 565.760
201502 556.033 97.600 609.016
201505 557.233 98.700 603.528
201508 600.035 98.400 651.867
201511 619.596 98.100 675.176
201602 668.803 97.800 731.033
201605 694.260 98.200 755.768
201608 686.217 97.900 749.301
201611 734.271 98.600 796.081
201702 820.336 98.100 893.924
201705 858.402 98.600 930.661
201708 934.069 98.500 1,013.726
201711 997.478 99.100 1,075.988
201802 984.815 99.500 1,058.058
201805 978.179 99.300 1,053.045
201808 1,068.303 99.800 1,144.305
201811 1,181.904 100.000 1,263.455
201902 1,192.266 99.700 1,278.367
201905 1,263.250 100.000 1,350.414
201908 1,307.368 100.000 1,397.576
201911 1,385.529 100.500 1,473.762
202002 1,466.587 100.300 1,563.092
202005 1,515.926 100.100 1,618.906
202008 1,615.608 100.100 1,725.360
202011 1,712.952 99.500 1,840.347
202102 1,788.735 99.800 1,915.990
202105 1,983.468 99.400 2,133.126
202108 2,154.404 99.700 2,309.988
202111 2,352.093 100.100 2,511.876
202202 2,628.969 100.700 2,790.832
202205 0.000 101.800 0.000
202208 3,488.106 102.700 3,630.755
202211 3,965.674 103.900 4,080.179
202302 3,952.561 104.000 4,062.777
202305 4,261.683 105.100 4,334.671
202308 4,805.106 105.900 4,850.480
202311 5,190.612 106.900 5,190.612

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.


RORZE  (TSE:6323) 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.


RORZE Cyclically Adjusted PB Ratio Related Terms

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


RORZE (TSE:6323) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1588-2 Michinoue, Kannabe-cho, Fukuyama-shi, Hiroshima, JPN
RORZE Corp is engaged in development, design, manufacturing, and sales of automation system for semiconductor/FPD production. Its semiconductor automation product generates more revenue. It also has products like Atmospheric robot, vacuum water robot, Mask handling system, control device.

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