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Graphite Design (TSE:7847) Cyclically Adjusted PB Ratio : 0.98 (As of Jun. 19, 2024)


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What is Graphite Design Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Graphite Design's current share price is 円704.00. Graphite Design's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円715.93. Graphite Design's Cyclically Adjusted PB Ratio for today is 0.98.

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

TSE:7847' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.99   Max: 1.43
Current: 0.98

During the past years, Graphite Design's highest Cyclically Adjusted PB Ratio was 1.43. The lowest was 0.58. And the median was 0.99.

TSE:7847's Cyclically Adjusted PB Ratio is ranked better than
58.43% of 623 companies
in the Travel & Leisure industry
Industry Median: 1.34 vs TSE:7847: 0.98

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.

Graphite Design's adjusted book value per share data for the three months ended in Feb. 2024 was 円754.160. 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715.93 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Graphite Design Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Graphite Design'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.

Graphite Design Cyclically Adjusted PB Ratio Chart

Graphite Design 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 0.76 0.86 0.97 1.25 1.10

Graphite Design 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 1.25 1.12 1.14 1.12 1.10

Competitive Comparison of Graphite Design's Cyclically Adjusted PB Ratio

For the Leisure subindustry, Graphite Design'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.


Graphite Design's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

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

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



Graphite Design 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.

Graphite Design's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=704.00/715.93
=0.98

* 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.

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

For example, Graphite Design'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)
=754.16/106.9000*106.9000
=754.160

Current CPI (Feb. 2024) = 106.9000.

Graphite Design Quarterly Data

Book Value per Share CPI Adj_Book
201405 523.340 98.100 570.286
201408 529.785 98.300 576.134
201411 587.401 97.900 641.401
201502 658.021 97.600 720.722
201505 642.815 98.700 696.220
201508 638.054 98.400 693.170
201511 651.271 98.100 709.693
201602 638.642 97.800 698.066
201605 619.225 98.200 674.085
201608 617.119 97.900 673.851
201611 654.711 98.600 709.824
201702 658.215 98.100 717.260
201705 642.585 98.600 696.677
201708 649.281 98.500 704.651
201711 667.819 99.100 720.382
201802 678.300 99.500 728.746
201805 657.114 99.300 707.407
201808 665.155 99.800 712.476
201811 688.580 100.000 736.092
201902 692.381 99.700 742.382
201905 671.571 100.000 717.909
201908 672.574 100.000 718.982
201911 680.050 100.500 723.357
202002 675.492 100.300 719.941
202005 645.587 100.100 689.443
202008 645.736 100.100 689.602
202011 659.971 99.500 709.054
202102 675.206 99.800 723.242
202105 670.068 99.400 720.626
202108 684.261 99.700 733.676
202111 716.467 100.100 765.138
202202 735.519 100.700 780.804
202205 0.000 101.800 0.000
202208 750.351 102.700 781.037
202211 772.689 103.900 795.000
202302 786.473 104.000 808.403
202305 749.089 105.100 761.918
202308 748.538 105.900 755.606
202311 744.008 106.900 744.008
202402 754.160 106.900 754.160

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.


Graphite Design  (TSE:7847) 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.


Graphite Design Cyclically Adjusted PB Ratio Related Terms

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


Graphite Design (TSE:7847) Business Description

Traded in Other Exchanges
N/A
Address
2474-1 Ota, Chichibu-shi, Saitama, JPN, 368 - 2006
Graphite Design Inc is engaged in manufacture and sale of golf club shaft assembly and processing of golf club, and manufacture of various pipe molded products using carbon fiber.

Graphite Design (TSE:7847) Headlines

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