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Apaman Co (TSE:8889) Cyclically Adjusted PB Ratio : 2.36 (As of Jun. 17, 2025)


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What is Apaman Co Cyclically Adjusted PB Ratio?

As of today (2025-06-17), Apaman Co's current share price is 円726.00. Apaman Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円307.71. Apaman Co's Cyclically Adjusted PB Ratio for today is 2.36.

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

TSE:8889's Cyclically Adjusted PB Ratio is not ranked *
in the Real Estate industry.
Industry Median: 0.72
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Apaman Co's adjusted book value per share data for the three months ended in Mar. 2024 was 円212.353. 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307.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apaman Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Apaman 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.

Apaman Co Cyclically Adjusted PB Ratio Chart

Apaman Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.01 1.37 1.42 1.26 1.37

Apaman Co 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 1.30 1.34 1.37 1.39 1.60

Competitive Comparison of Apaman Co's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Apaman 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.


Apaman Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Apaman Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Apaman 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=726.00/307.71
=2.36

* 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.

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

For example, Apaman Co'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)
=212.353/107.2000*107.2000
=212.353

Current CPI (Mar. 2024) = 107.2000.

Apaman Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 686.962 98.000 751.452
201409 709.223 98.500 771.865
201412 689.610 97.900 755.119
201503 631.498 97.900 691.487
201506 642.581 98.400 700.048
201509 143.878 98.500 156.586
201512 160.578 98.100 175.474
201603 184.371 97.900 201.885
201606 205.366 98.100 224.416
201609 260.819 98.000 285.304
201612 254.045 98.400 276.764
201703 286.838 98.100 313.446
201706 292.287 98.500 318.103
201709 332.416 98.800 360.678
201712 324.551 99.400 350.019
201803 294.944 99.200 318.730
201806 281.685 99.200 304.402
201809 249.565 99.900 267.801
201812 167.594 99.700 180.201
201903 192.202 99.700 206.661
201906 241.418 99.800 259.319
201909 258.849 100.100 277.209
201912 216.485 100.500 230.917
202003 187.605 100.300 200.511
202006 183.448 99.900 196.853
202009 236.501 99.900 253.783
202012 210.653 99.300 227.412
202103 215.935 99.900 231.714
202106 218.351 99.500 235.249
202109 247.233 100.100 264.769
202112 232.904 100.100 249.424
202203 235.274 101.100 249.470
202206 232.366 101.800 244.692
202209 230.588 103.100 239.758
202212 208.436 104.100 214.643
202303 218.033 104.400 223.881
202306 227.445 105.200 231.769
202309 242.704 106.200 244.989
202312 208.398 106.800 209.179
202403 212.353 107.200 212.353

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.


Apaman Co  (TSE:8889) 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.


Apaman Co Cyclically Adjusted PB Ratio Related Terms

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


Apaman Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
Central Building 1-1-5 Kyobashi, Chuo-ku, Tokyo, JPN, 104-0031
Apaman Co Ltd, is a Japan-based holding company that manages the business and optimal distribution of resources for overall group companies. Under its real estate leasing business, the company manages stores and franchise. The property management business offers rental management and sub-leasing services. It is also engaged in the principal investment and fund management business. It operates as a property broker in Japan.

Apaman Co Headlines

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