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Daikokuya Holdings Co (TSE:6993) Cyclically Adjusted PB Ratio : 0.76 (As of Dec. 14, 2024)


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What is Daikokuya Holdings Co Cyclically Adjusted PB Ratio?

As of today (2024-12-14), Daikokuya Holdings Co's current share price is 円24.00. Daikokuya Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円31.44. Daikokuya Holdings Co's Cyclically Adjusted PB Ratio for today is 0.76.

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

TSE:6993' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 1.14   Max: 2.95
Current: 0.86

During the past years, Daikokuya Holdings Co's highest Cyclically Adjusted PB Ratio was 2.95. The lowest was 0.42. And the median was 1.14.

TSE:6993's Cyclically Adjusted PB Ratio is ranked better than
79.1% of 2024 companies
in the Industrial Products industry
Industry Median: 2.205 vs TSE:6993: 0.86

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.

Daikokuya Holdings Co's adjusted book value per share data for the three months ended in Sep. 2024 was 円3.919. 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31.44 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daikokuya Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Daikokuya Holdings 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.

Daikokuya Holdings Co Cyclically Adjusted PB Ratio Chart

Daikokuya Holdings 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 0.45 1.06 1.32 1.66 1.11

Daikokuya Holdings 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 1.58 1.52 1.23 1.11 0.99

Competitive Comparison of Daikokuya Holdings Co's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Daikokuya Holdings 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.


Daikokuya Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Daikokuya Holdings 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.

Daikokuya Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.00/31.44
=0.76

* 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.

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

For example, Daikokuya Holdings 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)
=3.919/108.9000*108.9000
=3.919

Current CPI (Sep. 2024) = 108.9000.

Daikokuya Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 58.299 98.500 64.454
201412 61.655 97.900 68.583
201503 65.374 97.900 72.719
201506 67.809 98.400 75.045
201509 69.018 98.500 76.305
201512 68.715 98.100 76.280
201603 62.660 97.900 69.700
201606 37.631 98.100 41.774
201609 36.494 98.000 40.553
201612 38.853 98.400 42.999
201703 41.396 98.100 45.953
201706 46.815 98.500 51.758
201709 47.109 98.800 51.925
201712 46.722 99.400 51.187
201803 40.834 99.200 44.827
201806 38.798 99.200 42.592
201809 38.685 99.900 42.170
201812 35.126 99.700 38.367
201903 33.028 99.700 36.076
201906 31.616 99.800 34.499
201909 22.732 100.100 24.730
201912 19.059 100.500 20.652
202003 16.591 100.300 18.014
202006 14.158 99.900 15.433
202009 14.147 99.900 15.422
202012 11.433 99.300 12.538
202103 10.209 99.900 11.129
202106 9.564 99.500 10.468
202109 8.611 100.100 9.368
202112 7.836 100.100 8.525
202203 7.515 101.100 8.095
202206 6.659 101.800 7.123
202209 5.737 103.100 6.060
202212 5.898 104.100 6.170
202303 3.652 104.400 3.809
202306 4.170 105.200 4.317
202309 3.569 106.200 3.660
202312 0.308 106.800 0.314
202403 0.250 107.200 0.254
202409 3.919 108.900 3.919

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.


Daikokuya Holdings Co  (TSE:6993) 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.


Daikokuya Holdings Co Cyclically Adjusted PB Ratio Related Terms

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


Daikokuya Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
Minato-ku, Konan 4-chome No. 1 No. 8, Yubinbango, Tokyo, JPN, 108-0075
Daikokuya Holdings Co Ltd is engaged in electric business as well as an investment business. Its mainly engaged in the industrial lighting fixtures and electric piping equipment. Its handling products include industrial lighting equipment, industrial electric piping equipment, control equipment and various electrical equipment for industrial use.

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