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IFIS Japan (TSE:7833) Cyclically Adjusted PB Ratio : 1.48 (As of Jun. 19, 2024)


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What is IFIS Japan Cyclically Adjusted PB Ratio?

As of today (2024-06-19), IFIS Japan's current share price is 円596.00. IFIS Japan's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円403.72. IFIS Japan's Cyclically Adjusted PB Ratio for today is 1.48.

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

TSE:7833' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.44   Med: 2.43   Max: 3.62
Current: 1.48

During the past years, IFIS Japan's highest Cyclically Adjusted PB Ratio was 3.62. The lowest was 1.44. And the median was 2.43.

TSE:7833's Cyclically Adjusted PB Ratio is ranked better than
53.19% of 690 companies
in the Business Services industry
Industry Median: 1.55 vs TSE:7833: 1.48

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.

IFIS Japan's adjusted book value per share data for the three months ended in Mar. 2024 was 円558.007. 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403.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


IFIS Japan Cyclically Adjusted PB Ratio Historical Data

The historical data trend for IFIS Japan'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.

IFIS Japan Cyclically Adjusted PB Ratio Chart

IFIS Japan Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.02 2.73 2.18 1.75 1.57

IFIS Japan 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 1.70 1.67 1.66 1.57 1.56

Competitive Comparison of IFIS Japan's Cyclically Adjusted PB Ratio

For the Specialty Business Services subindustry, IFIS Japan'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.


IFIS Japan's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, IFIS Japan's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



IFIS Japan 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=596.00/403.72
=1.48

* 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.

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

For example, IFIS Japan'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)
=558.007/107.2000*107.2000
=558.007

Current CPI (Mar. 2024) = 107.2000.

IFIS Japan Quarterly Data

Book Value per Share CPI Adj_Book
201406 199.752 98.000 218.504
201409 206.849 98.500 225.119
201412 218.225 97.900 238.955
201503 226.174 97.900 247.659
201506 232.638 98.400 253.443
201509 239.888 98.500 261.076
201512 250.356 98.100 273.580
201603 255.007 97.900 279.231
201606 265.918 98.100 290.585
201609 272.031 98.000 297.569
201612 283.040 98.400 308.353
201703 291.793 98.100 318.860
201706 298.772 98.500 325.161
201709 308.988 98.800 335.258
201712 321.650 99.400 346.890
201803 334.075 99.200 361.017
201806 345.309 99.200 373.157
201809 359.104 99.900 385.345
201812 371.102 99.700 399.018
201903 381.469 99.700 410.165
201906 394.704 99.800 423.971
201909 408.160 100.100 437.110
201912 421.937 100.500 450.066
202003 419.861 100.300 448.745
202006 426.435 99.900 457.596
202009 435.767 99.900 467.610
202012 450.510 99.300 486.351
202103 453.808 99.900 486.969
202106 464.741 99.500 500.706
202109 476.796 100.100 510.615
202112 488.074 100.100 522.693
202203 0.000 101.100 0.000
202206 504.706 101.800 531.478
202209 518.712 103.100 539.340
202212 534.258 104.100 550.168
202303 536.028 104.400 550.404
202306 545.266 105.200 555.632
202309 548.755 106.200 553.922
202312 562.535 106.800 564.642
202403 558.007 107.200 558.007

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.


IFIS Japan  (TSE:7833) 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.


IFIS Japan Cyclically Adjusted PB Ratio Related Terms

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


IFIS Japan (TSE:7833) Business Description

Traded in Other Exchanges
N/A
Address
Nihon Kodoukai Building- 4F, 3-1-6 Nishi Kanda, Chiyoda-ku, Tokyo, JPN, 101-0065
IFIS Japan Ltd is a financial information services company. The principal business activities of the company include distribution of research reports in electronic media, supplying of financial data and consensus data, and production and printing of financial documents. Its services cover investment information, investor relations, and documentation for securities firms and investment trusts. It also provides IFIS consensus to newspapers, magazines, and Internet portals. The company primarily serves the listed companies, securities firms, and institutional investors.

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