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Yamaichi Electronics Co (TSE:6941) Cyclically Adjusted PB Ratio : 1.89 (As of Jun. 03, 2025)


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What is Yamaichi Electronics Co Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Yamaichi Electronics Co's current share price is 円2360.00. Yamaichi Electronics Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円1,245.72. Yamaichi Electronics Co's Cyclically Adjusted PB Ratio for today is 1.89.

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

TSE:6941' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.14   Med: 1.87   Max: 3.09
Current: 1.91

During the past years, Yamaichi Electronics Co's highest Cyclically Adjusted PB Ratio was 3.09. The lowest was 1.14. And the median was 1.87.

TSE:6941's Cyclically Adjusted PB Ratio is ranked better than
51.26% of 712 companies
in the Semiconductors industry
Industry Median: 1.955 vs TSE:6941: 1.91

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.

Yamaichi Electronics Co's adjusted book value per share data for the three months ended in Sep. 2024 was 円2,003.601. 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1,245.72 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yamaichi Electronics Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Yamaichi Electronics 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.

Yamaichi Electronics Co Cyclically Adjusted PB Ratio Chart

Yamaichi Electronics 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 1.72 1.80 2.07 1.88 2.09

Yamaichi Electronics 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 2.18 1.53 1.67 2.09 2.02

Competitive Comparison of Yamaichi Electronics Co's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, Yamaichi Electronics 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.


Yamaichi Electronics Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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


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Yamaichi Electronics 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.

Yamaichi Electronics Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2360.00/1245.72
=1.89

* 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.

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

For example, Yamaichi Electronics 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)
=2003.601/108.9000*108.9000
=2,003.601

Current CPI (Sep. 2024) = 108.9000.

Yamaichi Electronics Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 660.035 98.500 729.724
201412 692.995 97.900 770.860
201503 720.098 97.900 801.008
201506 755.531 98.400 836.152
201509 762.670 98.500 843.196
201512 769.617 98.100 854.345
201603 762.551 97.900 848.231
201606 738.025 98.100 819.275
201609 731.878 98.000 813.281
201612 804.748 98.400 890.621
201703 848.544 98.100 941.962
201706 891.504 98.500 985.632
201709 985.480 98.800 1,086.222
201712 1,029.481 99.400 1,127.872
201803 975.809 99.200 1,071.226
201806 981.920 99.200 1,077.934
201809 1,031.233 99.900 1,124.137
201812 1,002.365 99.700 1,094.860
201903 1,009.592 99.700 1,102.754
201906 996.356 99.800 1,087.206
201909 1,017.788 100.100 1,107.264
201912 1,050.391 100.500 1,138.185
202003 1,085.358 100.300 1,178.420
202006 1,080.425 99.900 1,177.761
202009 1,133.534 99.900 1,235.654
202012 1,138.659 99.300 1,248.741
202103 1,192.324 99.900 1,299.741
202106 1,231.771 99.500 1,348.139
202109 1,301.297 100.100 1,415.697
202112 1,384.744 100.100 1,506.480
202203 1,507.718 101.100 1,624.040
202206 1,599.792 101.800 1,711.369
202209 1,750.342 103.100 1,848.809
202212 1,713.757 104.100 1,792.777
202303 1,779.092 104.400 1,855.777
202306 1,777.835 105.200 1,840.363
202309 1,823.991 106.200 1,870.364
202312 1,791.903 106.800 1,827.137
202403 1,862.461 107.200 1,891.996
202409 2,003.601 108.900 2,003.601

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.


Yamaichi Electronics Co  (TSE:6941) 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.


Yamaichi Electronics Co Cyclically Adjusted PB Ratio Related Terms

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


Yamaichi Electronics Co Business Description

Traded in Other Exchanges
N/A
Address
Technoport Mitsui Seimei Building 2-16-2, Minamikamata, Ota-ku, Tokyo, JPN, 144-8581
Yamaichi Electronics Co Ltd manufactures and sells test, connector, and optical-related products. The Test Solution products include burn-in sockets, test sockets, probe pins, probe cards, and semiconductor test-related services. The Connector Solution products contains card connectors, IC sockets for mounting, high speed transmission connectors, solar cell modules, and YFLEX, a high-speed transmission cable and mounting board. The Optical-Related products include ultraviolet cut filters, dichroic and fluorescence dichroic filter mirrors, band pass filters, and semiconductor laser light sources.

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