GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Allied Telesis Holdings KK (TSE:6835) » Definitions » Cyclically Adjusted PB Ratio

Allied Telesis Holdings KK (TSE:6835) Cyclically Adjusted PB Ratio : 1.47 (As of Jun. 04, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Allied Telesis Holdings KK Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Allied Telesis Holdings KK's current share price is 円98.00. Allied Telesis Holdings KK's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円66.48. Allied Telesis Holdings KK's Cyclically Adjusted PB Ratio for today is 1.47.

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

TSE:6835' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.7   Max: 2.73
Current: 1.46

During the past years, Allied Telesis Holdings KK's highest Cyclically Adjusted PB Ratio was 2.73. The lowest was 0.83. And the median was 1.70.

TSE:6835's Cyclically Adjusted PB Ratio is ranked better than
56.15% of 1886 companies
in the Hardware industry
Industry Median: 1.68 vs TSE:6835: 1.46

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.

Allied Telesis Holdings KK's adjusted book value per share data for the three months ended in Mar. 2024 was 円148.306. 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66.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allied Telesis Holdings KK Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Allied Telesis Holdings KK'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.

Allied Telesis Holdings KK Cyclically Adjusted PB Ratio Chart

Allied Telesis Holdings KK Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.31 1.65 1.83 1.85 1.59

Allied Telesis Holdings KK Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.93 1.66 1.59 1.65

Competitive Comparison of Allied Telesis Holdings KK's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Allied Telesis Holdings KK'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.


Allied Telesis Holdings KK's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Allied Telesis Holdings KK's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Allied Telesis Holdings KK's Cyclically Adjusted PB Ratio falls into.



Allied Telesis Holdings KK 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.

Allied Telesis Holdings KK's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=98.00/66.48
=1.47

* 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.

Allied Telesis Holdings KK's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Allied Telesis Holdings KK's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=148.306/107.2000*107.2000
=148.306

Current CPI (Mar. 2024) = 107.2000.

Allied Telesis Holdings KK Quarterly Data

Book Value per Share CPI Adj_Book
201406 80.213 98.000 87.743
201409 75.391 98.500 82.050
201412 57.888 97.900 63.387
201503 42.591 97.900 46.637
201506 36.547 98.400 39.815
201509 37.071 98.500 40.345
201512 30.738 98.100 33.589
201603 26.490 97.900 29.006
201606 14.627 98.100 15.984
201609 16.309 98.000 17.840
201612 31.914 98.400 34.768
201703 28.485 98.100 31.127
201706 23.892 98.500 26.002
201709 34.417 98.800 37.343
201712 41.035 99.400 44.255
201803 36.161 99.200 39.077
201806 32.195 99.200 34.791
201809 37.192 99.900 39.910
201812 42.479 99.700 45.675
201903 36.273 99.700 39.002
201906 26.965 99.800 28.964
201909 29.781 100.100 31.893
201912 40.433 100.500 43.129
202003 34.160 100.300 36.510
202006 26.745 99.900 28.699
202009 32.636 99.900 35.021
202012 39.549 99.300 42.695
202103 52.726 99.900 56.579
202106 50.929 99.500 54.870
202109 49.614 100.100 53.133
202112 56.515 100.100 60.524
202203 123.304 101.100 130.744
202206 133.219 101.800 140.286
202209 145.918 103.100 151.721
202212 143.699 104.100 147.978
202303 153.468 104.400 157.584
202306 156.170 105.200 159.139
202309 161.705 106.200 163.228
202312 159.189 106.800 159.785
202403 148.306 107.200 148.306

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.


Allied Telesis Holdings KK  (TSE:6835) 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.


Allied Telesis Holdings KK Cyclically Adjusted PB Ratio Related Terms

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


Allied Telesis Holdings KK (TSE:6835) Business Description

Traded in Other Exchanges
N/A
Address
2nd TOC Building, 7-21-11, Nishi-Gotanda, Shinagawa-ku, Tokyo, JPN, 141-0031
Allied Telesis Holdings KK is a Japan-based company engaged in the planning, development, manufacture, and sales of network devices and solutions. The company operates in three businesses namely network products, solutions, and support services. Its network products business manufactures software and hardware related products. The solutions business provides optimum ecosystem solutions. Its support services business is involved in planning and consulting, installation and structuring, operation and monitoring, and education and related support businesses.

Allied Telesis Holdings KK (TSE:6835) Headlines

No Headlines