GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Kohnan Shoji Co Ltd (TSE:7516) » Definitions » Cyclically Adjusted PB Ratio

Kohnan Shoji Co (TSE:7516) Cyclically Adjusted PB Ratio : 1.09 (As of Jun. 05, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Kohnan Shoji Co Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Kohnan Shoji Co's current share price is 円4175.00. Kohnan Shoji Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円3,816.10. Kohnan Shoji Co's Cyclically Adjusted PB Ratio for today is 1.09.

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

TSE:7516' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.05   Max: 1.51
Current: 1.1

During the past years, Kohnan Shoji Co's highest Cyclically Adjusted PB Ratio was 1.51. The lowest was 0.68. And the median was 1.05.

TSE:7516's Cyclically Adjusted PB Ratio is ranked better than
52.84% of 757 companies
in the Retail - Cyclical industry
Industry Median: 1.17 vs TSE:7516: 1.10

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.

Kohnan Shoji Co's adjusted book value per share data for the three months ended in Feb. 2024 was 円5,354.380. 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3,816.10 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kohnan Shoji Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kohnan Shoji 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.

Kohnan Shoji Co Cyclically Adjusted PB Ratio Chart

Kohnan Shoji Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 1.00 1.16 0.91 1.10

Kohnan Shoji Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.91 0.98 0.97 0.99 1.10

Competitive Comparison of Kohnan Shoji Co's Cyclically Adjusted PB Ratio

For the Home Improvement Retail subindustry, Kohnan Shoji 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.


Kohnan Shoji Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Kohnan Shoji Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kohnan Shoji 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4175.00/3816.1
=1.09

* 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.

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

For example, Kohnan Shoji Co's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=5354.38/106.9000*106.9000
=5,354.380

Current CPI (Feb. 2024) = 106.9000.

Kohnan Shoji Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 2,473.925 98.100 2,695.847
201408 2,522.043 98.300 2,742.690
201411 2,526.639 97.900 2,758.914
201502 2,538.197 97.600 2,780.054
201505 2,597.882 98.700 2,813.714
201508 2,615.009 98.400 2,840.899
201511 2,644.304 98.100 2,881.510
201602 2,666.524 97.800 2,914.636
201605 2,750.720 98.200 2,994.419
201608 2,748.990 97.900 3,001.706
201611 2,760.697 98.600 2,993.088
201702 2,811.743 98.100 3,063.969
201705 2,893.556 98.600 3,137.131
201708 2,965.103 98.500 3,217.965
201711 3,005.618 99.100 3,242.185
201802 3,055.933 99.500 3,283.208
201805 3,111.875 99.300 3,350.045
201808 3,178.287 99.800 3,404.398
201811 3,259.836 100.000 3,484.765
201902 3,315.734 99.700 3,555.185
201905 3,401.081 100.000 3,635.756
201908 3,466.411 100.000 3,705.593
201911 3,527.970 100.500 3,752.637
202002 3,599.508 100.300 3,836.365
202005 3,779.804 100.100 4,036.574
202008 3,949.161 100.100 4,217.436
202011 4,005.252 99.500 4,303.130
202102 4,104.601 99.800 4,396.612
202105 4,254.421 99.400 4,575.429
202108 4,248.016 99.700 4,554.793
202111 4,322.973 100.100 4,616.641
202202 4,531.336 100.700 4,810.326
202205 4,673.143 101.800 4,907.259
202208 4,823.059 102.700 5,020.302
202211 4,851.723 103.900 4,991.811
202302 4,917.873 104.000 5,055.006
202305 5,073.999 105.100 5,160.899
202308 5,232.926 105.900 5,282.340
202311 5,274.515 106.900 5,274.515
202402 5,354.380 106.900 5,354.380

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.


Kohnan Shoji Co  (TSE:7516) 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.


Kohnan Shoji Co Cyclically Adjusted PB Ratio Related Terms

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


Kohnan Shoji Co (TSE:7516) Business Description

Traded in Other Exchanges
N/A
Address
2-2-17 Nishimiyahara, Yodogawa-ku, Osaka, JPN, 532-0004
Kohnan Shoji Co Ltd is a Japan-based company that is principally engaged in retail of products related to home improvement, housekeeping, and automotive supplies and accessories. The company operates through three store chains with different styles: Home Center, mainly offering DIY products and household goods to improve consumers' home and life; Homestock, a small-format version of Home Center with original brands EDLP and Lifelex; and Kohnan Pro, providing tools, building materials, and working equipment for professionals. Most of the company's stores are Home Center stores.

Kohnan Shoji Co (TSE:7516) Headlines

No Headlines