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Century21 Real Estate Of Japan (TSE:8898) Cyclically Adjusted PB Ratio : 1.92 (As of Jun. 03, 2025)


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What is Century21 Real Estate Of Japan Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Century21 Real Estate Of Japan's current share price is 円1128.00. Century21 Real Estate Of Japan's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円586.25. Century21 Real Estate Of Japan's Cyclically Adjusted PB Ratio for today is 1.92.

The historical rank and industry rank for Century21 Real Estate Of Japan's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSE:8898' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.86   Med: 2.19   Max: 3.65
Current: 1.91

During the past years, Century21 Real Estate Of Japan's highest Cyclically Adjusted PB Ratio was 3.65. The lowest was 1.86. And the median was 2.19.

TSE:8898's Cyclically Adjusted PB Ratio is ranked worse than
83.1% of 1343 companies
in the Real Estate industry
Industry Median: 0.69 vs TSE:8898: 1.91

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.

Century21 Real Estate Of Japan's adjusted book value per share data for the three months ended in Sep. 2024 was 円638.305. 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586.25 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Century21 Real Estate Of Japan Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Century21 Real Estate Of Japan'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.

Century21 Real Estate Of Japan Cyclically Adjusted PB Ratio Chart

Century21 Real Estate Of Japan 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 2.71 2.38 2.10 1.90 1.98

Century21 Real Estate Of Japan Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 1.88 1.91 1.90 1.98 1.88

Competitive Comparison of Century21 Real Estate Of Japan's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Century21 Real Estate Of Japan'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.


Century21 Real Estate Of Japan's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Century21 Real Estate Of Japan's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Century21 Real Estate Of Japan's Cyclically Adjusted PB Ratio falls into.


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Century21 Real Estate Of Japan 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.

Century21 Real Estate Of Japan's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1128.00/586.25
=1.92

* 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.

Century21 Real Estate Of Japan's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Century21 Real Estate Of Japan's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=638.305/108.9000*108.9000
=638.305

Current CPI (Sep. 2024) = 108.9000.

Century21 Real Estate Of Japan Quarterly Data

Book Value per Share CPI Adj_Book
201409 401.325 98.500 443.698
201412 415.146 97.900 461.792
201503 428.571 97.900 476.725
201506 423.089 98.400 468.236
201509 434.745 98.500 480.647
201512 438.476 98.100 486.749
201603 464.127 97.900 516.276
201606 459.994 98.100 510.636
201609 485.362 98.000 539.346
201612 490.747 98.400 543.113
201703 507.527 98.100 563.402
201706 498.320 98.500 550.934
201709 518.308 98.800 571.293
201712 516.694 99.400 566.076
201803 536.893 99.200 589.392
201806 534.095 99.200 586.320
201809 555.842 99.900 605.918
201812 550.608 99.700 601.416
201903 571.430 99.700 624.160
201906 569.982 99.800 621.954
201909 595.186 100.100 647.510
201912 583.722 100.500 632.511
202003 577.839 100.300 627.385
202006 568.640 99.900 619.869
202009 576.718 99.900 628.675
202012 579.071 99.300 635.054
202103 598.526 99.900 652.447
202106 568.064 99.500 621.730
202109 590.876 100.100 642.821
202112 583.519 100.100 634.817
202203 590.134 101.100 635.664
202206 587.231 101.800 628.187
202209 600.986 103.100 634.795
202212 595.521 104.100 622.980
202303 605.656 104.400 631.762
202306 600.711 105.200 621.839
202309 616.614 106.200 632.291
202312 612.046 106.800 624.081
202403 619.454 107.200 629.277
202409 638.305 108.900 638.305

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.


Century21 Real Estate Of Japan  (TSE:8898) 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.


Century21 Real Estate Of Japan Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Century21 Real Estate Of Japan's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Century21 Real Estate Of Japan Business Description

Traded in Other Exchanges
N/A
Address
2-12-16 Kita-Aoyama, Kita-Aoyama Yoshikawa Building, 7th Floor, Minato-ku, Tokyo, JPN, 107-0061
Century21 Real Estate Of Japan Ltd operates as a franchiser of residential real estate. Its activities include the management of merchants, mediation of financial services, as well as provision of training services to the operators, among others.

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