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Aisin (TSE:7259) Cyclically Adjusted PB Ratio : 1.02 (As of Jun. 09, 2024)


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What is Aisin Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Aisin's current share price is 円5654.00. Aisin's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円5,522.32. Aisin's Cyclically Adjusted PB Ratio for today is 1.02.

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

TSE:7259' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.98   Max: 1.98
Current: 1.02

During the past years, Aisin's highest Cyclically Adjusted PB Ratio was 1.98. The lowest was 0.60. And the median was 0.98.

TSE:7259's Cyclically Adjusted PB Ratio is ranked better than
59.1% of 1000 companies
in the Vehicles & Parts industry
Industry Median: 1.33 vs TSE:7259: 1.02

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.

Aisin's adjusted book value per share data for the three months ended in Mar. 2024 was 円7,924.184. 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5,522.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aisin Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aisin'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.

Aisin Cyclically Adjusted PB Ratio Chart

Aisin 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 0.68 1.02 0.92 0.72 1.13

Aisin 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 0.72 0.86 1.07 0.91 1.13

Competitive Comparison of Aisin's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Aisin'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.


Aisin's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aisin's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Aisin 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5654.00/5522.32
=1.02

* 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.

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

For example, Aisin's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=7924.184/107.2000*107.2000
=7,924.184

Current CPI (Mar. 2024) = 107.2000.

Aisin Quarterly Data

Book Value per Share CPI Adj_Book
201406 3,580.289 98.000 3,916.398
201409 3,735.353 98.500 4,065.278
201412 3,985.072 97.900 4,363.633
201503 4,317.043 97.900 4,727.140
201506 4,175.158 98.400 4,548.546
201509 3,989.922 98.500 4,342.331
201512 4,143.545 98.100 4,527.911
201603 4,127.309 97.900 4,519.382
201606 4,006.458 98.100 4,378.107
201609 4,065.107 98.000 4,446.729
201612 4,388.664 98.400 4,781.146
201703 4,426.125 98.100 4,836.703
201706 4,467.227 98.500 4,861.794
201709 4,688.332 98.800 5,086.935
201712 4,878.962 99.400 5,261.818
201803 4,861.669 99.200 5,253.739
201806 4,931.935 99.200 5,329.672
201809 5,067.861 99.900 5,438.185
201812 4,894.827 99.700 5,263.044
201903 4,997.985 99.700 5,373.962
201906 4,944.543 99.800 5,311.172
201909 5,032.966 100.100 5,389.950
201912 5,138.710 100.500 5,481.291
202003 4,750.078 100.300 5,076.853
202006 4,603.082 99.900 4,939.443
202009 4,752.861 99.900 5,100.167
202012 5,149.316 99.300 5,558.980
202103 5,697.294 99.900 6,113.613
202106 5,911.593 99.500 6,369.073
202109 5,976.669 100.100 6,400.589
202112 6,208.486 100.100 6,648.848
202203 6,517.346 101.100 6,910.579
202206 6,561.219 101.800 6,909.260
202209 6,473.004 103.100 6,730.417
202212 6,239.533 104.100 6,425.340
202303 6,497.872 104.400 6,672.144
202306 6,961.753 105.200 7,094.106
202309 7,315.974 106.200 7,384.863
202312 7,103.022 106.800 7,129.625
202403 7,924.184 107.200 7,924.184

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.


Aisin  (TSE:7259) 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.


Aisin Cyclically Adjusted PB Ratio Related Terms

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


Aisin (TSE:7259) Business Description

Traded in Other Exchanges
Address
2-1 Asahi-machi, Aichi, Kariya, JPN, 448-8650
Aisin Corp is a manufacturer and seller of automotive parts, lifestyle and energy-related products, and wellness products. The majority of revenue is generated selling automotive parts and related services, automatic transmissions, car navigation systems, and lifestyle products such as sewing machines and beds, and heat-pumps. Other operations include cast-iron parts for engines and brakes. Aisin Seiki has operations across the world, supplying a wide range of car manufacturers around the globe.

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