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JSP (TSE:7942) Cyclically Adjusted PB Ratio : 0.77 (As of May. 17, 2024)


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What is JSP Cyclically Adjusted PB Ratio?

As of today (2024-05-17), JSP's current share price is 円2171.00. JSP's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円2,835.19. JSP's Cyclically Adjusted PB Ratio for today is 0.77.

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

TSE:7942' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.74   Max: 2.14
Current: 0.79

During the past years, JSP's highest Cyclically Adjusted PB Ratio was 2.14. The lowest was 0.55. And the median was 0.74.

TSE:7942's Cyclically Adjusted PB Ratio is ranked better than
65.79% of 266 companies
in the Packaging & Containers industry
Industry Median: 1.21 vs TSE:7942: 0.79

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.

JSP's adjusted book value per share data for the three months ended in Mar. 2024 was 円3,635.559. 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2,835.19 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


JSP Cyclically Adjusted PB Ratio Historical Data

The historical data trend for JSP'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.

JSP Cyclically Adjusted PB Ratio Chart

JSP Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.82 0.64 0.59 0.81

JSP 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 0.59 0.70 0.75 0.66 0.81

Competitive Comparison of JSP's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, JSP'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.


JSP's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, JSP's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



JSP 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2171.00/2835.19
=0.77

* 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.

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

For example, JSP'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)
=3635.559/107.2000*107.2000
=3,635.559

Current CPI (Mar. 2024) = 107.2000.

JSP Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,942.202 98.000 2,124.531
201409 1,983.457 98.500 2,158.646
201412 2,064.862 97.900 2,261.013
201503 2,190.550 97.900 2,398.641
201506 2,175.221 98.400 2,369.753
201509 2,257.066 98.500 2,456.421
201512 2,266.558 98.100 2,476.810
201603 2,277.276 97.900 2,493.606
201606 2,247.354 98.100 2,455.824
201609 2,211.160 98.000 2,418.738
201612 2,260.067 98.400 2,462.187
201703 2,433.086 98.100 2,658.785
201706 2,442.814 98.500 2,658.575
201709 2,526.241 98.800 2,741.023
201712 2,599.235 99.400 2,803.199
201803 2,667.662 99.200 2,882.796
201806 2,625.327 99.200 2,837.047
201809 2,663.469 99.900 2,858.097
201812 2,721.805 99.700 2,926.555
201903 2,691.777 99.700 2,894.268
201906 2,694.495 99.800 2,894.287
201909 2,694.159 100.100 2,885.253
201912 2,690.134 100.500 2,869.476
202003 2,729.828 100.300 2,917.623
202006 2,685.010 99.900 2,881.212
202009 2,697.020 99.900 2,894.100
202012 2,746.535 99.300 2,965.041
202103 2,767.237 99.900 2,969.448
202106 2,807.292 99.500 3,024.540
202109 2,864.557 100.100 3,067.737
202112 2,870.226 100.100 3,073.808
202203 2,884.858 101.100 3,058.920
202206 2,975.235 101.800 3,133.057
202209 3,111.975 103.100 3,235.730
202212 3,145.187 104.100 3,238.848
202303 3,076.670 104.400 3,159.186
202306 3,121.289 105.200 3,180.629
202309 3,303.688 106.200 3,334.796
202312 3,638.369 106.800 3,651.996
202403 3,635.559 107.200 3,635.559

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.


JSP  (TSE:7942) 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.


JSP Cyclically Adjusted PB Ratio Related Terms

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


JSP (TSE:7942) Business Description

Traded in Other Exchanges
Address
4-2, 3-chome Marunouchi, Shi-Nisseki Building, Chiyoda-ku, Tokyo, JPN, 100-0005
JSP Corp manufactures and sells a variety of plastic products. The company sells automotive components to the automotive industry, insulation to the construction industry, mortar wall blocks to the civil engineering industry, and packaging products to the electronics and food industries. The firm organizes itself into two segments based on product type. The bead segment, which generates the majority of revenue, sells products made from bead foaming technology. The extrusion segment sells products made from extrusion foaming technology.

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