GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Starts Publishing Corp (TSE:7849) » Definitions » Cyclically Adjusted PB Ratio

Starts Publishing (TSE:7849) Cyclically Adjusted PB Ratio : 2.65 (As of May. 25, 2025)


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

What is Starts Publishing Cyclically Adjusted PB Ratio?

As of today (2025-05-25), Starts Publishing's current share price is 円3770.00. Starts Publishing's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円1,425.13. Starts Publishing's Cyclically Adjusted PB Ratio for today is 2.65.

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

TSE:7849' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.07   Med: 1.64   Max: 4.16
Current: 2.65

During the past years, Starts Publishing's highest Cyclically Adjusted PB Ratio was 4.16. The lowest was 1.07. And the median was 1.64.

TSE:7849's Cyclically Adjusted PB Ratio is ranked worse than
79.58% of 671 companies
in the Media - Diversified industry
Industry Median: 1.1 vs TSE:7849: 2.65

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.

Starts Publishing's adjusted book value per share data for the three months ended in Dec. 2024 was 円2,543.446. 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1,425.13 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Starts Publishing Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Starts Publishing'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.

Starts Publishing Cyclically Adjusted PB Ratio Chart

Starts Publishing Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.46 1.71 2.63 2.91 2.06

Starts Publishing Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24
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 3.19 2.91 3.35 2.66 2.06

Competitive Comparison of Starts Publishing's Cyclically Adjusted PB Ratio

For the Publishing subindustry, Starts Publishing'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.


Starts Publishing's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Starts Publishing's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

Starts Publishing 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.

Starts Publishing's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3770.00/1425.13
=2.65

* 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.

Starts Publishing's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Starts Publishing's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=2543.446/110.7000*110.7000
=2,543.446

Current CPI (Dec. 2024) = 110.7000.

Starts Publishing Quarterly Data

Book Value per Share CPI Adj_Book
201412 868.029 97.900 981.520
201503 880.534 97.900 995.660
201506 888.427 98.400 999.480
201509 891.491 98.500 1,001.909
201512 928.664 98.100 1,047.942
201603 931.623 97.900 1,053.429
201606 921.810 98.100 1,040.208
201609 934.084 98.000 1,055.134
201612 961.640 98.400 1,081.845
201703 997.190 98.100 1,125.269
201706 1,016.847 98.500 1,142.792
201709 1,030.139 98.800 1,154.214
201712 1,059.263 99.400 1,179.682
201803 1,068.878 99.200 1,192.790
201806 1,080.008 99.200 1,205.211
201809 1,092.117 99.900 1,210.184
201812 1,117.238 99.700 1,240.504
201903 1,117.435 99.700 1,240.723
201906 1,158.687 99.800 1,285.237
201909 1,190.508 100.100 1,316.576
201912 1,226.147 100.500 1,350.592
202003 1,182.636 100.300 1,305.262
202006 1,167.789 99.900 1,294.036
202009 1,167.763 99.900 1,294.008
202012 1,258.428 99.300 1,402.900
202103 1,264.476 99.900 1,401.176
202106 1,311.024 99.500 1,458.597
202109 1,327.172 100.100 1,467.712
202112 1,374.839 100.100 1,520.426
202203 1,386.718 101.100 1,518.394
202206 1,479.558 101.800 1,608.910
202209 1,550.577 103.100 1,664.878
202212 1,664.038 104.100 1,769.539
202303 1,768.781 104.400 1,875.518
202306 1,889.506 105.200 1,988.292
202309 2,001.257 106.200 2,086.056
202312 2,127.787 106.800 2,205.487
202403 2,231.006 107.200 2,303.847
202406 2,341.527 108.200 2,395.629
202412 2,543.446 110.700 2,543.446

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.


Starts Publishing  (TSE:7849) 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.


Starts Publishing Cyclically Adjusted PB Ratio Related Terms

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


Starts Publishing Business Description

Traded in Other Exchanges
N/A
Address
1-3-1, Daiei Building 7F, Kyobashi, Chuo-ku, Tokyo, JPN, 104-0031
Starts Publishing Corp is engaged in Tokyo marketing domain which include event planning and management and sales to publishing store, and post contents of the domain.

Starts Publishing Headlines

No Headlines