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Mito Securities Co (TSE:8622) Cyclically Adjusted PB Ratio : 0.86 (As of May. 24, 2025)


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What is Mito Securities Co Cyclically Adjusted PB Ratio?

As of today (2025-05-24), Mito Securities Co's current share price is 円550.00. Mito Securities Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円637.23. Mito Securities Co's Cyclically Adjusted PB Ratio for today is 0.86.

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

TSE:8622' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.53   Max: 0.95
Current: 0.85

During the past years, Mito Securities Co's highest Cyclically Adjusted PB Ratio was 0.95. The lowest was 0.30. And the median was 0.53.

TSE:8622's Cyclically Adjusted PB Ratio is ranked better than
64.54% of 471 companies
in the Capital Markets industry
Industry Median: 1.2 vs TSE:8622: 0.85

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.

Mito Securities Co's adjusted book value per share data for the three months ended in Dec. 2024 was 円658.572. 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637.23 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mito Securities Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mito Securities 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.

Mito Securities Co Cyclically Adjusted PB Ratio Chart

Mito Securities Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.50 0.49 0.81 -

Mito Securities Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.81 - 0.75 0.90 -

Competitive Comparison of Mito Securities Co's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Mito Securities 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.


Mito Securities Co's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Mito Securities Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Mito Securities 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=550.00/637.23
=0.86

* 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.

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

For example, Mito Securities Co'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)
=658.572/110.7000*110.7000
=658.572

Current CPI (Dec. 2024) = 110.7000.

Mito Securities Co Quarterly Data

Book Value per Share CPI Adj_Book
201503 543.440 97.900 614.492
201506 555.559 98.400 625.004
201509 542.539 98.500 609.737
201512 540.487 98.100 609.907
201603 530.877 97.900 600.287
201606 505.849 98.100 570.820
201609 515.649 98.000 582.473
201612 534.139 98.400 600.906
201703 538.675 98.100 607.863
201706 557.799 98.500 626.887
201709 564.069 98.800 632.008
201712 580.149 99.400 646.102
201803 580.422 99.200 647.709
201806 568.596 99.200 634.512
201809 568.394 99.900 629.842
201812 548.391 99.700 608.896
201903 548.075 99.700 608.545
201906 540.445 99.800 599.472
201909 552.581 100.100 611.096
201912 571.170 100.500 629.139
202003 568.291 100.300 627.216
202006 588.265 99.900 651.861
202009 608.705 99.900 674.511
202012 604.552 99.300 673.957
202103 617.531 99.900 684.291
202106 605.711 99.500 673.892
202109 621.932 100.100 687.791
202112 612.943 100.100 677.850
202203 611.782 101.100 669.874
202206 604.031 101.800 656.839
202209 608.243 103.100 653.080
202212 607.366 104.100 645.873
202303 603.763 104.400 640.197
202306 604.738 105.200 636.355
202309 620.273 106.200 646.556
202312 618.583 106.800 641.172
202403 662.592 107.200 684.225
202406 0.000 108.200 0.000
202409 661.108 108.900 672.035
202412 658.572 110.700 658.572

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.


Mito Securities Co  (TSE:8622) 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.


Mito Securities Co Cyclically Adjusted PB Ratio Related Terms

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


Mito Securities Co Business Description

Traded in Other Exchanges
N/A
Address
2-3-10,Nihonbashi, Chuo-ku, Tokyo, JPN, 1030027
Mito Securities Co Ltd is a Japan-based company mainly engaged in the securities business. The company is involved in the purchase and sale of marketable securities, underwriting, sale, and offering of marketable securities. In addition, it also provides the variety of customized products such as fund wrap, investment trust, mutual fund, bonds, stocks and much more.

Mito Securities Co Headlines

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