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Ryosan Co (TSE:8140) Cyclically Adjusted PB Ratio : 1.18 (As of May. 17, 2024)


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What is Ryosan Co Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Ryosan Co's current share price is 円4920.00. Ryosan Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円4,170.71. Ryosan Co's Cyclically Adjusted PB Ratio for today is 1.18.

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

TSE:8140' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.71   Max: 1.29
Current: 1.18

During the past years, Ryosan Co's highest Cyclically Adjusted PB Ratio was 1.29. The lowest was 0.49. And the median was 0.71.

TSE:8140's Cyclically Adjusted PB Ratio is ranked better than
63.16% of 1865 companies
in the Hardware industry
Industry Median: 1.65 vs TSE:8140: 1.18

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.

Ryosan Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円4,517.192. 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4,170.71 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ryosan Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ryosan Co'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.

Ryosan Co Cyclically Adjusted PB Ratio Chart

Ryosan Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.63 0.59 0.57 0.81

Ryosan Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.70 0.81 1.06 1.07 1.13

Competitive Comparison of Ryosan Co's Cyclically Adjusted PB Ratio

For the Electronics & Computer Distribution subindustry, Ryosan Co'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.


Ryosan Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ryosan Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ryosan Co 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.

Ryosan Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4920.00/4170.71
=1.18

* 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.

Ryosan Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Ryosan Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=4517.192/106.8000*106.8000
=4,517.192

Current CPI (Dec. 2023) = 106.8000.

Ryosan Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 3,773.479 95.700 4,211.155
201406 3,762.832 98.000 4,100.719
201409 3,833.421 98.500 4,156.440
201412 3,880.745 97.900 4,233.540
201503 3,928.460 97.900 4,285.593
201506 3,931.426 98.400 4,267.036
201509 3,905.440 98.500 4,234.528
201512 3,847.602 98.100 4,188.827
201603 3,915.022 97.900 4,270.933
201606 3,765.462 98.100 4,099.402
201609 3,730.983 98.000 4,066.010
201612 3,704.953 98.400 4,021.229
201703 3,897.771 98.100 4,243.445
201706 3,859.086 98.500 4,184.268
201709 3,866.747 98.800 4,179.844
201712 3,858.833 99.400 4,146.110
201803 3,852.547 99.200 4,147.702
201806 3,800.435 99.200 4,091.597
201809 3,836.479 99.900 4,101.461
201812 3,758.993 99.700 4,026.685
201903 3,749.941 99.700 4,016.988
201906 3,670.939 99.800 3,928.420
201909 3,690.316 100.100 3,937.320
201912 3,705.468 100.500 3,937.751
202003 3,625.150 100.300 3,860.080
202006 3,627.241 99.900 3,877.771
202009 3,651.869 99.900 3,904.100
202012 3,703.813 99.300 3,983.557
202103 3,824.770 99.900 4,088.943
202106 3,815.934 99.500 4,095.897
202109 3,873.129 100.100 4,132.369
202112 3,930.367 100.100 4,193.439
202203 4,043.119 101.100 4,271.069
202206 4,124.303 101.800 4,326.872
202209 4,321.831 103.100 4,476.931
202212 4,261.998 104.100 4,372.540
202303 4,383.016 104.400 4,483.775
202306 4,469.328 105.200 4,537.303
202309 4,603.724 106.200 4,629.734
202312 4,517.192 106.800 4,517.192

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.


Ryosan Co  (TSE:8140) 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.


Ryosan Co Cyclically Adjusted PB Ratio Related Terms

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


Ryosan Co (TSE:8140) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2-3-5, Higashi-Kanda, Chiyoda-ku, Tokyo, JPN, 101-0031
Ryosan Co Ltd is a Japan-based electronic trading company that sells semiconductors, electronic components, and electronic equipment. The company also has a solutions operation that complements other business segments by aiding customers with the optimization of their manufacturing processes. The majority of Ryosan's revenue can be traced back to its semiconductor business where it serves as the intermediary between semiconductor producers and electronics manufacturers. Products are sold primarily to market participants in Asia, with the majority of demand coming from customers in Japan and China.

Ryosan Co (TSE:8140) Headlines

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