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Daiichikosho Co (TSE:7458) Cyclically Adjusted PB Ratio : 1.56 (As of May. 21, 2024)


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What is Daiichikosho Co Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Daiichikosho Co's current share price is 円1696.50. Daiichikosho Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,088.34. Daiichikosho Co's Cyclically Adjusted PB Ratio for today is 1.56.

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

TSE:7458' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.39   Med: 2.08   Max: 3.57
Current: 1.57

During the past years, Daiichikosho Co's highest Cyclically Adjusted PB Ratio was 3.57. The lowest was 1.39. And the median was 2.08.

TSE:7458's Cyclically Adjusted PB Ratio is ranked worse than
52.94% of 595 companies
in the Travel & Leisure industry
Industry Median: 1.41 vs TSE:7458: 1.57

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.

Daiichikosho Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円987.403. 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1,088.34 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daiichikosho Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Daiichikosho 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.

Daiichikosho Co Cyclically Adjusted PB Ratio Chart

Daiichikosho 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 1.51 2.17 1.71 2.06 -

Daiichikosho 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 2.06 2.36 2.24 1.92 -

Competitive Comparison of Daiichikosho Co's Cyclically Adjusted PB Ratio

For the Leisure subindustry, Daiichikosho 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.


Daiichikosho Co's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Daiichikosho Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Daiichikosho 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1696.50/1088.34
=1.56

* 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.

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

For example, Daiichikosho Co'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)
=987.403/106.8000*106.8000
=987.403

Current CPI (Dec. 2023) = 106.8000.

Daiichikosho Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 868.334 95.700 969.050
201406 882.219 98.000 961.439
201409 906.037 98.500 982.383
201412 915.775 97.900 999.027
201503 939.705 97.900 1,025.133
201506 939.377 98.400 1,019.568
201509 940.944 98.500 1,020.232
201512 953.602 98.100 1,038.172
201603 967.214 97.900 1,055.143
201606 967.838 98.100 1,053.671
201609 997.397 98.000 1,086.959
201612 1,010.343 98.400 1,096.592
201703 1,030.544 98.100 1,121.938
201706 1,036.233 98.500 1,123.550
201709 1,063.667 98.800 1,149.794
201712 1,075.771 99.400 1,155.859
201803 1,088.286 99.200 1,171.663
201806 1,094.404 99.200 1,178.249
201809 1,124.412 99.900 1,202.074
201812 1,149.398 99.700 1,231.251
201903 1,158.056 99.700 1,240.525
201906 1,160.525 99.800 1,241.925
201909 1,188.720 100.100 1,268.285
201912 1,199.688 100.500 1,274.892
202003 1,195.908 100.300 1,273.410
202006 1,121.013 99.900 1,198.440
202009 1,132.755 99.900 1,210.993
202012 1,103.617 99.300 1,186.972
202103 959.650 99.900 1,025.932
202106 929.854 99.500 998.074
202109 919.037 100.100 980.551
202112 949.041 100.100 1,012.563
202203 950.323 101.100 1,003.902
202206 953.565 101.800 1,000.400
202209 978.834 103.100 1,013.962
202212 980.849 104.100 1,006.289
202303 977.598 104.400 1,000.072
202306 967.308 105.200 982.020
202309 979.617 106.200 985.152
202312 987.403 106.800 987.403

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.


Daiichikosho Co  (TSE:7458) 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.


Daiichikosho Co Cyclically Adjusted PB Ratio Related Terms

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Daiichikosho Co (TSE:7458) Business Description

Traded in Other Exchanges
N/A
Address
5-5-26 Kita-shinagawa, Shinagawa-ku, Tokyo, JPN, 141-8701
Daiichikosho Co Ltd is a Japanese electronics company engaged. It is engaged in the manufacturing, sale, and leasing of karaoke software and equipment. The company businesses include Professional karaoke business; Karaoke/restaurant business; Record label business; Elder business; Franchise business; Parking business; BGM broadcasting business; and Web business.

Daiichikosho Co (TSE:7458) Headlines

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