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Koa (TSE:6999) Cyclically Adjusted PB Ratio : 0.53 (As of Dec. 13, 2024)


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What is Koa Cyclically Adjusted PB Ratio?

As of today (2024-12-13), Koa's current share price is 円977.00. Koa's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円1,837.55. Koa's Cyclically Adjusted PB Ratio for today is 0.53.

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

TSE:6999' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 1.02   Max: 2.01
Current: 0.53

During the past years, Koa's highest Cyclically Adjusted PB Ratio was 2.01. The lowest was 0.52. And the median was 1.02.

TSE:6999's Cyclically Adjusted PB Ratio is ranked better than
86.51% of 1690 companies
in the Hardware industry
Industry Median: 1.92 vs TSE:6999: 0.53

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.

Koa's adjusted book value per share data for the three months ended in Sep. 2024 was 円2,119.726. 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1,837.55 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Koa Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Koa'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.

Koa Cyclically Adjusted PB Ratio Chart

Koa 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 0.60 1.03 0.91 1.09 0.82

Koa Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 1.03 0.88 0.82 - 0.62

Competitive Comparison of Koa's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Koa'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.


Koa's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Koa 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=977.00/1837.55
=0.53

* 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.

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

For example, Koa'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)
=2119.726/108.9000*108.9000
=2,119.726

Current CPI (Sep. 2024) = 108.9000.

Koa Quarterly Data

Book Value per Share CPI Adj_Book
201412 1,483.625 97.900 1,650.324
201503 1,534.030 97.900 1,706.393
201506 1,558.895 98.400 1,725.241
201509 1,552.488 98.500 1,716.406
201512 1,552.515 98.100 1,723.434
201603 1,513.921 97.900 1,684.024
201606 1,485.266 98.100 1,648.782
201609 1,477.687 98.000 1,642.042
201612 1,525.991 98.400 1,688.825
201703 1,549.495 98.100 1,720.082
201706 1,563.234 98.500 1,728.286
201709 1,607.722 98.800 1,772.074
201712 1,643.868 99.400 1,800.978
201803 1,658.130 99.200 1,820.266
201806 1,670.710 99.200 1,834.076
201809 1,670.874 99.900 1,821.403
201812 1,610.397 99.700 1,758.999
201903 1,627.072 99.700 1,777.213
201906 1,611.682 99.800 1,758.639
201909 1,606.108 100.100 1,747.304
201912 1,593.138 100.500 1,726.296
202003 1,579.840 100.300 1,715.300
202006 1,575.959 99.900 1,717.937
202009 1,587.249 99.900 1,730.244
202012 1,612.948 99.300 1,768.883
202103 1,665.841 99.900 1,815.917
202106 1,703.773 99.500 1,864.732
202109 1,742.436 100.100 1,895.617
202112 1,764.069 100.100 1,919.152
202203 1,810.949 101.100 1,950.666
202206 1,897.500 101.800 2,029.840
202209 1,975.009 103.100 2,086.115
202212 1,964.214 104.100 2,054.783
202303 1,988.450 104.400 2,074.159
202306 2,035.841 105.200 2,107.444
202309 2,069.934 106.200 2,122.559
202312 2,048.244 106.800 2,088.518
202403 2,118.158 107.200 2,151.748
202406 0.000 108.200 0.000
202409 2,119.726 108.900 2,119.726

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.


Koa  (TSE:6999) 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.


Koa Cyclically Adjusted PB Ratio Related Terms

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


Koa Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Koa Corp (TSE:6999) » Definitions » Cyclically Adjusted PB Ratio
Traded in Other Exchanges
Address
Nakaminowa 14016, Minowa, Nagano, JPN, 399-4601
Koa Corp is a Japan-based company, engages in the development, manufacture, and sale of electronic components. It offers its products such as circuit components, which include resistors, integrated circuits, composite parts, thermal sensors, inductors, fuses and others. Geographically the company operates throughout Japan, Asia, America and Europe.

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