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Azbil (TSE:6845) Cyclically Adjusted PB Ratio : 3.60 (As of Jun. 03, 2025)


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What is Azbil Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Azbil's current share price is 円1275.50. Azbil's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円354.67. Azbil's Cyclically Adjusted PB Ratio for today is 3.60.

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

TSE:6845' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2   Med: 3.21   Max: 5.51
Current: 3.58

During the past years, Azbil's highest Cyclically Adjusted PB Ratio was 5.51. The lowest was 2.00. And the median was 3.21.

TSE:6845's Cyclically Adjusted PB Ratio is ranked worse than
71.42% of 2159 companies
in the Industrial Products industry
Industry Median: 2.04 vs TSE:6845: 3.58

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.

Azbil's adjusted book value per share data for the three months ended in Dec. 2024 was 円447.611. 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354.67 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Azbil Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Azbil'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.

Azbil Cyclically Adjusted PB Ratio Chart

Azbil Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.31 3.51 2.89 3.11 -

Azbil Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3.11 - 3.37 3.46 -

Competitive Comparison of Azbil's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Azbil'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.


Azbil's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Azbil's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Azbil 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1275.50/354.67
=3.60

* 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.

Azbil's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Azbil's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=447.611/110.7000*110.7000
=447.611

Current CPI (Dec. 2024) = 110.7000.

Azbil Quarterly Data

Book Value per Share CPI Adj_Book
201503 267.883 97.900 302.908
201506 257.103 98.400 289.241
201509 258.665 98.500 290.703
201512 258.324 98.100 291.503
201603 264.508 97.900 299.091
201606 257.406 98.100 290.467
201609 261.131 98.000 294.971
201612 266.678 98.400 300.013
201703 279.552 98.100 315.458
201706 271.155 98.500 304.740
201709 280.204 98.800 313.953
201712 285.444 99.400 317.894
201803 303.281 99.200 338.440
201806 296.027 99.200 330.345
201809 303.523 99.900 336.336
201812 303.556 99.700 337.048
201903 316.216 99.700 351.104
201906 309.614 99.800 343.430
201909 313.915 100.100 347.157
201912 313.409 100.500 345.218
202003 328.287 100.300 362.327
202006 326.614 99.900 361.924
202009 335.264 99.900 371.509
202012 339.400 99.300 378.364
202103 355.125 99.900 393.517
202106 346.487 99.500 385.489
202109 351.290 100.100 388.490
202112 351.463 100.100 388.681
202203 364.763 101.100 399.399
202206 355.489 101.800 386.568
202209 350.498 103.100 376.335
202212 350.278 104.100 372.486
202303 371.318 104.400 393.725
202306 379.911 105.200 399.773
202309 388.750 106.200 405.222
202312 395.162 106.800 409.592
202403 420.090 107.200 433.806
202406 0.000 108.200 0.000
202409 430.238 108.900 437.349
202412 447.611 110.700 447.611

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.


Azbil  (TSE:6845) 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.


Azbil Cyclically Adjusted PB Ratio Related Terms

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


Azbil Business Description

Traded in Other Exchanges
Address
2-7-3 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6419
Azbil Corp is a Japan-based company that primarily operates through three segments. The building automation segment designs and manufactures building automation products, which include application software, controllers, valves, sensors, and others. This segment also provides engineering, maintenance, energy-saving, and facility management services. The advanced automation segment provides products, solutions, and engineering and maintenance services to help plants improve efficiency. The life automation segment is involved in utilities serviced, pharmaceutical and medical fields, life sciences research, and others. The company generates the majority of its revenue from the Japanese domestic market.

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