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Daikoku Denki Co (TSE:6430) Cyclically Adjusted PB Ratio : 0.91 (As of Jun. 03, 2025)


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What is Daikoku Denki Co Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Daikoku Denki Co's current share price is 円2110.00. Daikoku Denki Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円2,323.11. Daikoku Denki Co's Cyclically Adjusted PB Ratio for today is 0.91.

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

TSE:6430' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.75   Max: 2.67
Current: 0.92

During the past years, Daikoku Denki Co's highest Cyclically Adjusted PB Ratio was 2.67. The lowest was 0.41. And the median was 0.75.

TSE:6430's Cyclically Adjusted PB Ratio is ranked better than
69.91% of 1924 companies
in the Hardware industry
Industry Median: 1.66 vs TSE:6430: 0.92

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.

Daikoku Denki Co's adjusted book value per share data for the three months ended in Sep. 2024 was 円3,074.951. 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2,323.11 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daikoku Denki Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Daikoku Denki 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.

Daikoku Denki Co Cyclically Adjusted PB Ratio Chart

Daikoku Denki Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.49 0.57 1.47 1.69

Daikoku Denki Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 1.79 2.41 1.49 1.69 1.43

Competitive Comparison of Daikoku Denki Co's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Daikoku Denki 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.


Daikoku Denki Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Daikoku Denki Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Daikoku Denki 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.

Daikoku Denki Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2110.00/2323.11
=0.91

* 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.

Daikoku Denki Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Daikoku Denki Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=3074.951/108.9000*108.9000
=3,074.951

Current CPI (Sep. 2024) = 108.9000.

Daikoku Denki Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 2,227.695 98.500 2,462.903
201412 2,304.248 97.900 2,563.152
201503 2,174.019 97.900 2,418.291
201506 2,137.869 98.400 2,365.995
201509 2,142.137 98.500 2,368.312
201512 2,147.594 98.100 2,384.026
201603 1,981.421 97.900 2,204.053
201606 2,004.670 98.100 2,225.368
201609 1,966.453 98.000 2,185.171
201612 2,017.551 98.400 2,232.838
201703 1,971.987 98.100 2,189.086
201706 1,919.848 98.500 2,122.553
201709 1,954.101 98.800 2,153.862
201712 1,989.718 99.400 2,179.882
201803 1,978.736 99.200 2,172.221
201806 1,984.754 99.200 2,178.828
201809 1,990.687 99.900 2,170.028
201812 2,027.769 99.700 2,214.885
201903 2,022.464 99.700 2,209.091
201906 2,029.056 99.800 2,214.070
201909 2,054.146 100.100 2,234.730
201912 2,069.229 100.500 2,242.179
202003 2,056.840 100.300 2,233.199
202006 2,012.983 99.900 2,194.333
202009 2,024.189 99.900 2,206.548
202012 2,052.925 99.300 2,251.395
202103 2,074.154 99.900 2,261.015
202106 2,066.454 99.500 2,261.677
202109 2,094.577 100.100 2,278.716
202112 2,109.642 100.100 2,295.105
202203 2,106.589 101.100 2,269.115
202206 2,084.576 101.800 2,229.964
202209 2,110.153 103.100 2,228.862
202212 2,253.285 104.100 2,357.183
202303 2,259.344 104.400 2,356.730
202306 2,427.279 105.200 2,512.649
202309 2,571.653 106.200 2,637.034
202312 2,732.554 106.800 2,786.284
202403 2,754.536 107.200 2,798.218
202409 3,074.951 108.900 3,074.951

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.


Daikoku Denki Co  (TSE:6430) 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.


Daikoku Denki Co Cyclically Adjusted PB Ratio Related Terms

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


Daikoku Denki Co Business Description

Industry
Traded in Other Exchanges
Address
No. 43, No. 5-chome, Nagoya Nagono, JPN
Daikoku Denki Co Ltd engages in the development, manufacture, and sale of computer systems for pachinko halls and pachislo game machines. Its operations include Information Systems unit which deals with the development, manufacture, and sale of computer systems, customer premium management systems, and information disclosure systems for pachinko halls. It also offers control systems which involve in the development, manufacture, and sale of display units and control units of pachinko game machines.

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