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Jimoto Holdings (TSE:7161) Cyclically Adjusted PB Ratio : 0.07 (As of May. 15, 2024)


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What is Jimoto Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Jimoto Holdings's current share price is 円417.00. Jimoto Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円6,233.92. Jimoto Holdings's Cyclically Adjusted PB Ratio for today is 0.07.

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

TSE:7161' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.07   Max: 0.11
Current: 0.06

During the past years, Jimoto Holdings's highest Cyclically Adjusted PB Ratio was 0.11. The lowest was 0.06. And the median was 0.07.

TSE:7161's Cyclically Adjusted PB Ratio is ranked better than
99.41% of 1185 companies
in the Banks industry
Industry Median: 0.93 vs TSE:7161: 0.06

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.

Jimoto Holdings's adjusted book value per share data for the three months ended in Dec. 2023 was 円3,726.880. 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6,233.92 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jimoto Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Jimoto Holdings'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.

Jimoto Holdings Cyclically Adjusted PB Ratio Chart

Jimoto Holdings 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 - - - - 0.06

Jimoto Holdings 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 0.07 0.06 0.06 0.07 0.09

Competitive Comparison of Jimoto Holdings's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Jimoto Holdings'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.


Jimoto Holdings's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Jimoto Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Jimoto Holdings 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=417.00/6233.92
=0.07

* 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.

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

For example, Jimoto Holdings'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)
=3726.88/106.8000*106.8000
=3,726.880

Current CPI (Dec. 2023) = 106.8000.

Jimoto Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 5,810.248 95.700 6,484.164
201406 6,016.549 98.000 6,556.811
201409 6,168.094 98.500 6,687.842
201412 6,519.982 97.900 7,112.708
201503 6,506.656 97.900 7,098.170
201506 6,596.837 98.400 7,159.982
201509 6,389.695 98.500 6,928.116
201512 6,546.742 98.100 7,127.340
201603 6,394.930 97.900 6,976.287
201606 6,315.148 98.100 6,875.207
201609 6,360.490 98.000 6,931.636
201612 6,519.551 98.400 7,076.098
201703 6,449.500 98.100 7,021.474
201706 6,449.948 98.500 6,993.446
201709 6,515.112 98.800 7,042.651
201712 6,620.633 99.400 7,113.517
201803 6,445.453 99.200 6,939.258
201806 6,457.825 99.200 6,952.578
201809 6,563.086 99.900 7,016.392
201812 6,361.112 99.700 6,814.110
201903 6,457.195 99.700 6,917.035
201906 6,443.371 99.800 6,895.311
201909 6,436.082 100.100 6,866.869
201912 6,360.981 100.500 6,759.729
202003 6,220.096 100.300 6,623.193
202006 6,344.890 99.900 6,783.126
202009 6,328.285 99.900 6,765.374
202012 6,473.436 99.300 6,962.366
202103 5,414.630 99.900 5,788.613
202106 5,399.580 99.500 5,795.730
202109 5,399.859 100.100 5,761.288
202112 5,433.501 100.100 5,797.182
202203 4,691.081 101.100 4,955.563
202206 4,170.072 101.800 4,374.889
202209 3,790.041 103.100 3,926.056
202212 3,749.831 104.100 3,847.089
202303 3,615.165 104.400 3,698.272
202306 3,659.712 105.200 3,715.373
202309 4,463.787 106.200 4,489.006
202312 3,726.880 106.800 3,726.880

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.


Jimoto Holdings  (TSE:7161) 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.


Jimoto Holdings Cyclically Adjusted PB Ratio Related Terms

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


Jimoto Holdings (TSE:7161) Business Description

Traded in Other Exchanges
N/A
Address
2-1-1 Ichiban Machi, Aoba-ku, Sendai, JPN
Jimoto Holdings Inc is a Japanese company engaged in banking business.

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