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Hakuto Co (TSE:7433) Cyclically Adjusted PB Ratio : 1.75 (As of Jun. 08, 2024)


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What is Hakuto Co Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Hakuto Co's current share price is 円5100.00. Hakuto Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円2,907.46. Hakuto Co's Cyclically Adjusted PB Ratio for today is 1.75.

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

TSE:7433' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.74   Max: 2.15
Current: 1.75

During the past years, Hakuto Co's highest Cyclically Adjusted PB Ratio was 2.15. The lowest was 0.38. And the median was 0.74.

TSE:7433's Cyclically Adjusted PB Ratio is ranked worse than
51.55% of 1899 companies
in the Hardware industry
Industry Median: 1.67 vs TSE:7433: 1.75

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.

Hakuto Co's adjusted book value per share data for the three months ended in Mar. 2024 was 円3,506.757. 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2,907.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hakuto Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hakuto 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.

Hakuto Co Cyclically Adjusted PB Ratio Chart

Hakuto 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 0.42 0.54 0.97 1.80 1.94

Hakuto 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 1.80 2.00 1.79 1.89 1.94

Competitive Comparison of Hakuto Co's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Hakuto 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.


Hakuto Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Hakuto 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5100.00/2907.46
=1.75

* 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.

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

For example, Hakuto Co'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)
=3506.757/107.2000*107.2000
=3,506.757

Current CPI (Mar. 2024) = 107.2000.

Hakuto Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2,150.615 98.000 2,352.509
201409 2,212.468 98.500 2,407.884
201412 2,276.425 97.900 2,492.674
201503 2,318.499 97.900 2,538.745
201506 2,354.098 98.400 2,564.627
201509 2,368.932 98.500 2,578.168
201512 2,346.841 98.100 2,564.540
201603 2,330.408 97.900 2,551.785
201606 2,250.087 98.100 2,458.811
201609 2,264.499 98.000 2,477.085
201612 2,351.383 98.400 2,561.669
201703 2,413.202 98.100 2,637.057
201706 2,483.065 98.500 2,702.381
201709 2,565.344 98.800 2,783.450
201712 2,631.299 99.400 2,837.779
201803 2,567.946 99.200 2,775.038
201806 2,597.996 99.200 2,807.512
201809 2,624.259 99.900 2,816.022
201812 2,565.934 99.700 2,758.958
201903 2,658.033 99.700 2,857.985
201906 2,623.928 99.800 2,818.488
201909 2,640.129 100.100 2,827.391
201912 2,712.474 100.500 2,893.306
202003 2,627.700 100.300 2,808.469
202006 2,697.807 99.900 2,894.944
202009 2,729.966 99.900 2,929.453
202012 2,728.409 99.300 2,945.473
202103 2,817.891 99.900 3,023.803
202106 2,879.187 99.500 3,101.998
202109 3,000.531 100.100 3,213.356
202112 3,107.187 100.100 3,327.577
202203 3,142.799 101.100 3,332.424
202206 3,231.901 101.800 3,403.338
202209 3,344.969 103.100 3,477.989
202212 3,330.457 104.100 3,429.635
202303 3,416.159 104.400 3,507.780
202306 3,357.367 105.200 3,421.195
202309 3,485.254 106.200 3,518.072
202312 3,379.671 106.800 3,392.329
202403 3,506.757 107.200 3,506.757

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.


Hakuto Co  (TSE:7433) 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.


Hakuto Co Cyclically Adjusted PB Ratio Related Terms

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


Hakuto Co (TSE:7433) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1-13, Shinjuku 1-Chome, Shinjuku-Ku, Tokyo, JPN, 160-8910
Hakuto Co Ltd engages in the manufacture and sale of electronic materials and chemicals. It operates through the following divisions: Semiconductor Devices, Electronic Components, Electronic and Electric Equipment, And Chemicals. The Electronic Components includes semiconductor devices, connectors, and optical components. The Electronic and Electric Equipment consists of devices and equipment used in the production of semiconductors, printed circuit boards, turbo-molecular pumps, refrigerator units, and electrostatic accelerators. The Chemicals unit deals with chemicals used in oil refining, petrochemical, water treatment, cosmetics, and pulp and paper industries.

Hakuto Co (TSE:7433) Headlines

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