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Keisei Electric Railway Co (TSE:9009) Cyclically Adjusted PB Ratio : 1.91 (As of May. 01, 2025)


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What is Keisei Electric Railway Co Cyclically Adjusted PB Ratio?

As of today (2025-05-01), Keisei Electric Railway Co's current share price is 円1483.00. Keisei Electric Railway Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円774.96. Keisei Electric Railway Co's Cyclically Adjusted PB Ratio for today is 1.91.

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

TSE:9009' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.51   Med: 2.27   Max: 3.39
Current: 1.85

During the past years, Keisei Electric Railway Co's highest Cyclically Adjusted PB Ratio was 3.39. The lowest was 1.51. And the median was 2.27.

TSE:9009's Cyclically Adjusted PB Ratio is ranked worse than
70.78% of 688 companies
in the Transportation industry
Industry Median: 1.18 vs TSE:9009: 1.85

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.

Keisei Electric Railway Co's adjusted book value per share data for the three months ended in Sep. 2024 was 円964.184. 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774.96 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Keisei Electric Railway Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Keisei Electric Railway 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.

Keisei Electric Railway Co Cyclically Adjusted PB Ratio Chart

Keisei Electric Railway Co 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 1.86 2.02 1.78 1.96 2.75

Keisei Electric Railway Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 3.03 2.75 - 1.84 -

Competitive Comparison of Keisei Electric Railway Co's Cyclically Adjusted PB Ratio

For the Railroads subindustry, Keisei Electric Railway 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.


Keisei Electric Railway Co's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Keisei Electric Railway Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Keisei Electric Railway 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.

Keisei Electric Railway Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1483.00/774.96
=1.91

* 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.

Keisei Electric Railway Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Keisei Electric Railway Co'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)
=964.184/108.9000*108.9000
=964.184

Current CPI (Sep. 2024) = 108.9000.

Keisei Electric Railway Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 506.110 97.900 562.976
201503 513.743 97.900 571.467
201506 528.662 98.400 585.074
201509 545.562 98.500 603.164
201512 566.675 98.100 629.061
201603 566.760 97.900 630.441
201606 581.053 98.100 645.022
201609 600.619 98.000 667.423
201612 624.576 98.400 691.223
201703 634.185 98.100 704.004
201706 652.950 98.500 721.891
201709 671.805 98.800 740.481
201712 692.496 99.400 758.680
201803 698.199 99.200 766.470
201806 717.739 99.200 787.921
201809 738.157 99.900 804.658
201812 757.313 99.700 827.195
201903 766.945 99.700 837.716
201906 785.558 99.800 857.187
201909 806.009 100.100 876.867
201912 824.232 100.500 893.123
202003 812.112 100.300 881.745
202006 781.657 99.900 852.077
202009 772.155 99.900 841.719
202012 768.458 99.300 842.750
202103 748.882 99.900 816.349
202106 736.720 99.500 806.320
202109 729.187 100.100 793.291
202112 730.480 100.100 794.698
202203 721.604 101.100 777.277
202206 717.856 101.800 767.923
202209 758.375 103.100 801.038
202212 771.973 104.100 807.568
202303 785.969 104.400 819.847
202306 806.134 105.200 834.487
202309 828.140 106.200 849.194
202312 853.292 106.800 870.070
202403 926.172 107.200 940.859
202406 0.000 108.200 0.000
202409 964.184 108.900 964.184

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.


Keisei Electric Railway Co  (TSE:9009) 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.


Keisei Electric Railway Co Cyclically Adjusted PB Ratio Related Terms

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Keisei Electric Railway Co Business Description

Traded in Other Exchanges
Address
3-1-8 Yahata 3-chome, Ichikawa, Chiba, JPN, 272-8510
Keisei Electric Railway Co Ltd is a Japanese company that operates railways in Japan. The company's three segments are transportation, distribution, and real estate management. The transportation segment offers passenger transportation services by rail, bus and taxi, and it contributes the majority of revenue. The distribution segment is engaged in operating department stores, shopping centers, and other retail stores. The company derives revenue from real estate activities such as leasing and selling its properties. It also generates additional revenue from activities ranging from real estate construction, operation of restaurants, hotels and leisure sites to car maintenance services.

Keisei Electric Railway Co Headlines

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