GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Osaki Electric Co Ltd (TSE:6644) » Definitions » Cyclically Adjusted PB Ratio

Osaki Electric Co (TSE:6644) Cyclically Adjusted PB Ratio : 0.65 (As of Jun. 24, 2024)


View and export this data going back to 1962. Start your Free Trial

What is Osaki Electric Co Cyclically Adjusted PB Ratio?

As of today (2024-06-24), Osaki Electric Co's current share price is 円657.00. Osaki Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,015.67. Osaki Electric Co's Cyclically Adjusted PB Ratio for today is 0.65.

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

TSE:6644' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.64   Max: 1.07
Current: 0.65

During the past years, Osaki Electric Co's highest Cyclically Adjusted PB Ratio was 1.07. The lowest was 0.49. And the median was 0.64.

TSE:6644's Cyclically Adjusted PB Ratio is ranked better than
80.81% of 1902 companies
in the Hardware industry
Industry Median: 1.665 vs TSE:6644: 0.65

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.

Osaki Electric Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円1,052.846. 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1,015.67 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Osaki Electric Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Osaki Electric 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.

Osaki Electric Co Cyclically Adjusted PB Ratio Chart

Osaki Electric 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 0.81 0.61 0.68 0.50 0.54

Osaki Electric 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 0.53 0.54 0.55 0.67 0.63

Competitive Comparison of Osaki Electric Co's Cyclically Adjusted PB Ratio

For the Scientific & Technical Instruments subindustry, Osaki Electric 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.


Osaki Electric Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Osaki Electric 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.

Osaki Electric Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=657.00/1015.67
=0.65

* 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.

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

For example, Osaki Electric 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)
=1052.846/106.8000*106.8000
=1,052.846

Current CPI (Dec. 2023) = 106.8000.

Osaki Electric Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 888.906 95.700 992.008
201406 890.728 98.000 970.712
201409 909.346 98.500 985.971
201412 965.164 97.900 1,052.906
201503 882.705 97.900 962.951
201506 1,120.033 98.400 1,215.646
201509 874.625 98.500 948.324
201512 862.220 98.100 938.686
201603 863.040 97.900 941.498
201606 866.928 98.100 943.812
201609 873.167 98.000 951.574
201612 887.219 98.400 962.957
201703 921.306 98.100 1,003.012
201706 922.023 98.500 999.716
201709 929.297 98.800 1,004.544
201712 946.078 99.400 1,016.510
201803 968.503 99.200 1,042.703
201806 963.975 99.200 1,037.828
201809 978.789 99.900 1,046.393
201812 971.351 99.700 1,040.524
201903 984.585 99.700 1,054.701
201906 978.269 99.800 1,046.885
201909 983.011 100.100 1,048.807
201912 985.587 100.500 1,047.370
202003 967.499 100.300 1,030.198
202006 947.896 99.900 1,013.366
202009 954.110 99.900 1,020.009
202012 949.776 99.300 1,021.511
202103 960.704 99.900 1,027.059
202106 965.312 99.500 1,036.134
202109 960.337 100.100 1,024.615
202112 939.541 100.100 1,002.427
202203 947.082 101.100 1,000.478
202206 992.654 101.800 1,041.409
202209 981.331 103.100 1,016.549
202212 995.149 104.100 1,020.960
202303 991.381 104.400 1,014.171
202306 997.363 105.200 1,012.532
202309 1,030.805 106.200 1,036.629
202312 1,052.846 106.800 1,052.846

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.


Osaki Electric Co  (TSE:6644) 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.


Osaki Electric Co Cyclically Adjusted PB Ratio Related Terms

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


Osaki Electric Co (TSE:6644) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2-10-2 Higashi-Gotanda, Shinagawa-ku, Tokyo, JPN, 141-8646
Osaki Electric Co Ltd is a Japan based company engaged in manufacturing measurement and control equipment. Its product offering includes electricity meter, meter transformer, power distribution automation equipment, time switch, demand control equipment, energy management system, automatic meter reading system, smart home-related equipment, optical communications equipment, distribution board, other manufacturing and sales of electrical machinery and equipment.

Osaki Electric Co (TSE:6644) Headlines

No Headlines