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Casio Computer Co (TSE:6952) Cyclically Adjusted PB Ratio : 1.30 (As of May. 20, 2024)


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What is Casio Computer Co Cyclically Adjusted PB Ratio?

As of today (2024-05-20), Casio Computer Co's current share price is 円1161.50. Casio Computer Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円892.69. Casio Computer Co's Cyclically Adjusted PB Ratio for today is 1.30.

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

TSE:6952' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.29   Med: 2.26   Max: 4.4
Current: 1.29

During the past years, Casio Computer Co's highest Cyclically Adjusted PB Ratio was 4.40. The lowest was 1.29. And the median was 2.26.

TSE:6952's Cyclically Adjusted PB Ratio is ranked better than
60.55% of 1868 companies
in the Hardware industry
Industry Median: 1.645 vs TSE:6952: 1.29

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.

Casio Computer Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円942.857. 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892.69 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Casio Computer Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Casio Computer 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.

Casio Computer Co Cyclically Adjusted PB Ratio Chart

Casio Computer 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 2.04 2.07 2.76 1.77 1.52

Casio Computer 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 1.59 1.52 1.36 1.42 1.37

Competitive Comparison of Casio Computer Co's Cyclically Adjusted PB Ratio

For the Consumer Electronics subindustry, Casio Computer 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.


Casio Computer Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Casio Computer 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.

Casio Computer Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1161.50/892.69
=1.30

* 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.

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

For example, Casio Computer 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)
=942.857/106.8000*106.8000
=942.857

Current CPI (Dec. 2023) = 106.8000.

Casio Computer Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 688.662 95.700 768.538
201406 689.737 98.000 751.673
201409 700.185 98.500 759.185
201412 738.997 97.900 806.179
201503 781.200 97.900 852.218
201506 790.923 98.400 858.441
201509 801.564 98.500 869.107
201512 823.092 98.100 896.088
201603 788.474 97.900 860.153
201606 750.772 98.100 817.354
201609 759.675 98.000 827.891
201612 780.585 98.400 847.220
201703 797.032 98.100 867.717
201706 801.116 98.500 868.621
201709 823.135 98.800 889.786
201712 834.656 99.400 896.793
201803 839.099 99.200 903.385
201806 831.215 99.200 894.897
201809 865.304 99.900 925.070
201812 848.826 99.700 909.274
201903 859.017 99.700 920.191
201906 837.468 99.800 896.208
201909 858.316 100.100 915.766
201912 872.962 100.500 927.685
202003 834.978 100.300 889.089
202006 817.664 99.900 874.139
202009 830.810 99.900 888.193
202012 827.178 99.300 889.654
202103 873.416 99.900 933.742
202106 868.230 99.500 931.929
202109 887.443 100.100 946.842
202112 894.722 100.100 954.608
202203 908.995 101.100 960.244
202206 926.836 101.800 972.358
202209 947.773 103.100 981.786
202212 919.326 104.100 943.170
202303 926.348 104.400 947.643
202306 941.483 105.200 955.802
202309 960.835 106.200 966.263
202312 942.857 106.800 942.857

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.


Casio Computer Co  (TSE:6952) 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.


Casio Computer Co Cyclically Adjusted PB Ratio Related Terms

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


Casio Computer Co (TSE:6952) Business Description

Industry
Traded in Other Exchanges
Address
6-2, Hon-machi 1-chome, Shibuya-ku, Tokyo, JPN, 151-8543
Casio Computer is well-known as a watch and calculator manufacturer. Casio, founded in 1957, has cultivated the consumer electronics market by inventing distinctive products. Milestones in its history include the Casio Mini (1972), the world's first personal electronic calculator; G-Shock (1983), a shock-resistant wristwatch; and QV-10 (1995), the world's first digital camera with an LCD display. Approximately 60% of its revenue and most of its profits are from the timepieces segment.

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