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Shobido (TSE:7819) Cyclically Adjusted PB Ratio : 1.31 (As of Jun. 10, 2024)


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What is Shobido Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Shobido's current share price is 円566.00. Shobido's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円432.02. Shobido's Cyclically Adjusted PB Ratio for today is 1.31.

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

TSE:7819' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.01   Max: 1.87
Current: 1.29

During the past years, Shobido's highest Cyclically Adjusted PB Ratio was 1.87. The lowest was 0.70. And the median was 1.01.

TSE:7819's Cyclically Adjusted PB Ratio is ranked better than
51.72% of 1365 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs TSE:7819: 1.29

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.

Shobido's adjusted book value per share data for the three months ended in Mar. 2024 was 円511.633. 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432.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shobido Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Shobido'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.

Shobido Cyclically Adjusted PB Ratio Chart

Shobido Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 1.00 1.06 0.98 1.12

Shobido 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 0.90 1.15 1.12 1.67 1.38

Competitive Comparison of Shobido's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, Shobido'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.


Shobido's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shobido's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Shobido 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=566.00/432.02
=1.31

* 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.

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

For example, Shobido'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)
=511.633/107.2000*107.2000
=511.633

Current CPI (Mar. 2024) = 107.2000.

Shobido Quarterly Data

Book Value per Share CPI Adj_Book
201406 393.667 98.000 430.623
201409 402.376 98.500 437.916
201412 421.400 97.900 461.431
201503 419.704 97.900 459.574
201506 414.195 98.400 451.237
201509 397.721 98.500 432.850
201512 399.492 98.100 436.550
201603 383.986 97.900 420.463
201606 372.868 98.100 407.456
201609 369.771 98.000 404.484
201612 391.165 98.400 426.147
201703 389.532 98.100 425.666
201706 388.956 98.500 423.310
201709 386.386 98.800 419.237
201712 386.757 99.400 417.106
201803 381.539 99.200 412.308
201806 391.143 99.200 422.687
201809 392.157 99.900 420.813
201812 384.213 99.700 413.116
201903 392.553 99.700 422.083
201906 382.725 99.800 411.103
201909 386.136 100.100 413.524
201912 392.211 100.500 418.358
202003 393.376 100.300 420.438
202006 389.915 99.900 418.407
202009 379.026 99.900 406.723
202012 377.222 99.300 407.233
202103 394.122 99.900 422.922
202106 392.106 99.500 422.450
202109 389.063 100.100 416.659
202112 393.890 100.100 421.828
202203 411.992 101.100 436.850
202206 435.669 101.800 458.779
202209 445.968 103.100 463.703
202212 415.218 104.100 427.583
202303 433.314 104.400 444.935
202306 469.502 105.200 478.428
202309 469.847 106.200 474.271
202312 458.311 106.800 460.028
202403 511.633 107.200 511.633

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.


Shobido  (TSE:7819) 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.


Shobido Cyclically Adjusted PB Ratio Related Terms

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


Shobido (TSE:7819) Business Description

Traded in Other Exchanges
N/A
Address
2-15-1, Konan, Minato-ku, Shinagawa Intercity Tower A, 23rd Floor, Tokyo, JPN, 108-6023
Shobido Corp together with its subsidiaries is involved in planning, designing, manufacturing, and selling cosmetic products for women in Japan and internationally. It offers cosmetics sundries, including makeup products that include eyelashes and eyeliners; apparel, accessories, and miscellaneous character goods; and contact lenses. The company sells its products through megastores, drug stores, and variety stores.

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