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Japan Post Bank Co (TSE:7182) Cyclically Adjusted PB Ratio : 0.48 (As of Jun. 23, 2024)


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What is Japan Post Bank Co Cyclically Adjusted PB Ratio?

As of today (2024-06-23), Japan Post Bank Co's current share price is 円1452.50. Japan Post Bank Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was 円3,054.95. Japan Post Bank Co's Cyclically Adjusted PB Ratio for today is 0.48.

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

TSE:7182' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.51   Max: 0.52
Current: 0.48

During the past 10 years, Japan Post Bank Co's highest Cyclically Adjusted PB Ratio was 0.52. The lowest was 0.48. And the median was 0.51.

TSE:7182's Cyclically Adjusted PB Ratio is ranked better than
83.43% of 1207 companies
in the Banks industry
Industry Median: 0.9 vs TSE:7182: 0.48

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.

Japan Post Bank Co's adjusted book value per share data of for the fiscal year that ended in Mar24 was 円2,673.238. 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3,054.95 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Japan Post Bank Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Japan Post Bank 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.

Japan Post Bank Co Cyclically Adjusted PB Ratio Chart

Japan Post Bank 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 - - - - 0.53

Japan Post Bank Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - 0.53

Competitive Comparison of Japan Post Bank Co's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Japan Post Bank 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.


Japan Post Bank Co's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Japan Post Bank Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Japan Post Bank Co's Cyclically Adjusted PB Ratio falls into.



Japan Post Bank 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.

Japan Post Bank Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1452.50/3054.95
=0.48

* 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.

Japan Post Bank Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Japan Post Bank Co's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=2673.238/107.2000*107.2000
=2,673.238

Current CPI (Mar24) = 107.2000.

Japan Post Bank Co Annual Data

Book Value per Share CPI Adj_Book
201503 2,820.328 97.900 3,088.245
201603 3,069.265 97.900 3,360.829
201703 3,142.055 98.100 3,433.520
201803 3,073.201 99.200 3,321.040
201903 3,029.617 99.700 3,257.522
202003 2,398.990 100.300 2,564.025
202103 3,033.034 99.900 3,254.667
202203 2,739.609 101.100 2,904.907
202303 2,621.173 104.400 2,691.473
202403 2,673.238 107.200 2,673.238

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.


Japan Post Bank Co  (TSE:7182) 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.


Japan Post Bank Co Cyclically Adjusted PB Ratio Related Terms

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


Japan Post Bank Co (TSE:7182) Business Description

Traded in Other Exchanges
Address
1-3-2 Kasumigaseki, Chiyoda-ku, Tokyo, JPN, 100-8798
Japan Post Bank is the successor of the postal-savings system dating to the Meiji era. It was partially privatized in 2015, when the government sold to the public an 11% stake in parent company Japan Post Holdings, which in turn sold 11% stakes in Japan Post Bank and Japan Post Insurance to the public. Japan Post Bank is now 64% owned by Japan Post Holdings, which is majority owned by the government. The law requires Japan Post Holdings to divest itself of Japan Post Bank eventually. Japan Post Bank has 235 direct branches and also accepts deposits and sells investment products at more than 24,000 post offices across the country through a sales-agency agreement with Japan Post (an unlisted subsidiary of Japan Post Holdings).

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