GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Okuwa Co Ltd (TSE:8217) » Definitions » Cyclically Adjusted PB Ratio

Okuwa Co (TSE:8217) Cyclically Adjusted PB Ratio : 0.49 (As of Dec. 11, 2024)


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

What is Okuwa Co Cyclically Adjusted PB Ratio?

As of today (2024-12-11), Okuwa Co's current share price is 円925.00. Okuwa Co's Cyclically Adjusted Book per Share for the quarter that ended in Aug. 2024 was 円1,895.88. Okuwa Co's Cyclically Adjusted PB Ratio for today is 0.49.

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

TSE:8217' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.6   Max: 1
Current: 0.49

During the past years, Okuwa Co's highest Cyclically Adjusted PB Ratio was 1.00. The lowest was 0.43. And the median was 0.60.

TSE:8217's Cyclically Adjusted PB Ratio is ranked better than
80.05% of 747 companies
in the Retail - Cyclical industry
Industry Median: 1.21 vs TSE:8217: 0.49

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.

Okuwa Co's adjusted book value per share data for the three months ended in Aug. 2024 was 円1,809.433. 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1,895.88 for the trailing ten years ended in Aug. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Okuwa Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Okuwa 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.

Okuwa Co Cyclically Adjusted PB Ratio Chart

Okuwa Co 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 0.74 0.63 0.54 0.48 0.45

Okuwa Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 0.47 0.44 0.45 0.48 0.49

Competitive Comparison of Okuwa Co's Cyclically Adjusted PB Ratio

For the Department Stores subindustry, Okuwa 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.


Okuwa Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Okuwa Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Okuwa 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=925.00/1895.88
=0.49

* 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.

Okuwa Co's Cyclically Adjusted Book per Share for the quarter that ended in Aug. 2024 is calculated as:

For example, Okuwa Co's adjusted Book Value per Share data for the three months ended in Aug. 2024 was:

Adj_Book=Book Value per Share/CPI of Aug. 2024 (Change)*Current CPI (Aug. 2024)
=1809.433/109.1000*109.1000
=1,809.433

Current CPI (Aug. 2024) = 109.1000.

Okuwa Co Quarterly Data

Book Value per Share CPI Adj_Book
201411 1,738.073 97.900 1,936.913
201502 1,753.938 97.600 1,960.601
201505 1,752.527 98.700 1,937.190
201508 1,769.277 98.400 1,961.668
201511 1,757.744 98.100 1,954.841
201602 1,734.963 97.800 1,935.424
201605 1,744.281 98.200 1,937.893
201608 1,746.028 97.900 1,945.778
201611 1,750.396 98.600 1,936.797
201702 1,749.567 98.100 1,945.747
201705 1,737.266 98.600 1,922.269
201708 1,745.579 98.500 1,933.428
201711 1,740.918 99.100 1,916.591
201802 1,737.947 99.500 1,905.628
201805 1,734.608 99.300 1,905.798
201808 1,737.342 99.800 1,899.239
201811 1,730.596 100.000 1,888.080
201902 1,693.622 99.700 1,853.302
201905 1,676.299 100.000 1,828.842
201908 1,691.752 100.000 1,845.701
201911 1,693.554 100.500 1,838.475
202002 1,709.395 100.300 1,859.372
202005 1,721.282 100.100 1,876.043
202008 1,750.668 100.100 1,908.071
202011 1,748.500 99.500 1,917.199
202102 1,768.487 99.800 1,933.286
202105 1,770.540 99.400 1,943.319
202108 1,790.341 99.700 1,959.139
202111 1,785.482 100.100 1,946.015
202202 1,776.947 100.700 1,925.173
202205 1,767.574 101.800 1,894.325
202208 1,780.345 102.700 1,891.292
202211 1,770.014 103.900 1,858.600
202302 1,770.084 104.000 1,856.886
202305 1,756.021 105.100 1,822.853
202308 1,767.143 105.900 1,820.541
202311 1,761.514 106.900 1,797.766
202402 1,785.925 106.900 1,822.679
202405 1,786.485 108.100 1,803.011
202408 1,809.433 109.100 1,809.433

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.


Okuwa Co  (TSE:8217) 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.


Okuwa Co Cyclically Adjusted PB Ratio Related Terms

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


Okuwa Co Business Description

Traded in Other Exchanges
N/A
Address
185 3 Nakajima, Wakayama, JPN, 641-8501
Okuwa Co Ltd operates a retail chain of stores in Japan. The company's products that it sells include foods, alcoholic beverages, rice, household items, residential goods, upholstery, Do It Yourself products, leisure goods, sporting goods, household appliances, cosmetics, pharmaceuticals, clothing and various other items. It operates more than 15 stores in Wakayama, Osaka, Nara, Mie, Hyogo, Aichi, Gifu, Shizuoka cities in Japan.

Okuwa Co Headlines

No Headlines