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Sk Japan Co (TSE:7608) Cyclically Adjusted PB Ratio : 2.35 (As of Jun. 06, 2024)


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What is Sk Japan Co Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Sk Japan Co's current share price is 円846.00. Sk Japan Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円359.30. Sk Japan Co's Cyclically Adjusted PB Ratio for today is 2.35.

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

TSE:7608' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.88   Med: 1.76   Max: 3.81
Current: 2.4

During the past years, Sk Japan Co's highest Cyclically Adjusted PB Ratio was 3.81. The lowest was 0.88. And the median was 1.76.

TSE:7608's Cyclically Adjusted PB Ratio is ranked worse than
67.05% of 610 companies
in the Travel & Leisure industry
Industry Median: 1.395 vs TSE:7608: 2.40

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.

Sk Japan Co's adjusted book value per share data for the three months ended in Feb. 2024 was 円572.466. 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359.30 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sk Japan Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sk Japan 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.

Sk Japan Co Cyclically Adjusted PB Ratio Chart

Sk Japan 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 1.33 1.65 1.45 1.74 2.01

Sk Japan 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 1.74 1.60 2.08 2.31 2.01

Competitive Comparison of Sk Japan Co's Cyclically Adjusted PB Ratio

For the Leisure subindustry, Sk Japan 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.


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

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

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



Sk Japan 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=846.00/359.3
=2.35

* 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.

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

For example, Sk Japan 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)
=572.466/106.9000*106.9000
=572.466

Current CPI (Feb. 2024) = 106.9000.

Sk Japan Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 210.863 98.100 229.778
201408 206.896 98.300 224.997
201411 204.364 97.900 223.151
201502 201.314 97.600 220.497
201505 193.982 98.700 210.098
201508 204.255 98.400 221.899
201511 211.852 98.100 230.856
201602 173.716 97.800 189.880
201605 179.467 98.200 195.367
201608 184.317 97.900 201.261
201611 188.665 98.600 204.547
201702 209.733 98.100 228.547
201705 212.821 98.600 230.736
201708 224.049 98.500 243.156
201711 246.678 99.100 266.094
201802 262.871 99.500 282.421
201805 280.861 99.300 302.357
201808 308.977 99.800 330.958
201811 330.098 100.000 352.875
201902 339.646 99.700 364.174
201905 342.587 100.000 366.226
201908 373.538 100.000 399.312
201911 386.211 100.500 410.806
202002 394.819 100.300 420.799
202005 393.270 100.100 419.986
202008 405.226 100.100 432.754
202011 411.409 99.500 442.006
202102 421.757 99.800 451.762
202105 427.772 99.400 460.049
202108 436.370 99.700 467.883
202111 444.350 100.100 474.536
202202 452.566 100.700 480.430
202205 464.659 101.800 487.938
202208 480.662 102.700 500.319
202211 483.342 103.900 497.298
202302 490.323 104.000 503.995
202305 514.707 105.100 523.522
202308 546.613 105.900 551.775
202311 554.674 106.900 554.674
202402 572.466 106.900 572.466

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.


Sk Japan Co  (TSE:7608) 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.


Sk Japan Co Cyclically Adjusted PB Ratio Related Terms

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


Sk Japan Co (TSE:7608) Business Description

Traded in Other Exchanges
N/A
Address
No. 13-27 Minchoiba 1 - chome Chuo - k, Isakabiru 6th Floor, Osaka, JPN, 542-0081
Sk Japan Co Ltd is engaged in the planning, manufacturing, and sale of character stuffed animals, key holders, household goods, mobile phone accessory goods, and prize products. The business division of the company include amusement division and character fancy division.

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