GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Enshu Truck Co Ltd (TSE:9057) » Definitions » Cyclically Adjusted PB Ratio

Enshu Truck Co (TSE:9057) Cyclically Adjusted PB Ratio : 1.21 (As of May. 18, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Enshu Truck Co Cyclically Adjusted PB Ratio?

As of today (2024-05-18), Enshu Truck Co's current share price is 円2513.00. Enshu Truck Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円2,076.71. Enshu Truck Co's Cyclically Adjusted PB Ratio for today is 1.21.

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

TSE:9057' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.29   Max: 2.29
Current: 1.22

During the past years, Enshu Truck Co's highest Cyclically Adjusted PB Ratio was 2.29. The lowest was 0.62. And the median was 1.29.

TSE:9057's Cyclically Adjusted PB Ratio is ranked better than
51.99% of 704 companies
in the Transportation industry
Industry Median: 1.27 vs TSE:9057: 1.22

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.

Enshu Truck Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円2,791.316. 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2,076.71 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Enshu Truck Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Enshu Truck 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.

Enshu Truck Co Cyclically Adjusted PB Ratio Chart

Enshu Truck Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 1.49 1.76 1.30 1.26

Enshu Truck Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.33 1.26 1.23 1.19 1.16

Competitive Comparison of Enshu Truck Co's Cyclically Adjusted PB Ratio

For the Trucking subindustry, Enshu Truck 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.


Enshu Truck Co's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

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



Enshu Truck 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2513.00/2076.71
=1.21

* 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.

Enshu Truck Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Enshu Truck Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2791.316/106.8000*106.8000
=2,791.316

Current CPI (Dec. 2023) = 106.8000.

Enshu Truck Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,449.254 95.700 1,617.349
201406 1,458.234 98.000 1,589.177
201409 1,467.214 98.500 1,590.847
201412 1,474.183 97.900 1,608.200
201503 1,470.304 97.900 1,603.968
201506 1,481.027 98.400 1,607.456
201509 1,475.666 98.500 1,600.011
201512 1,496.976 98.100 1,629.735
201603 1,500.465 97.900 1,636.871
201606 1,511.858 98.100 1,645.937
201609 1,539.334 98.000 1,677.560
201612 1,571.501 98.400 1,705.654
201703 1,580.230 98.100 1,720.373
201706 1,610.521 98.500 1,746.230
201709 1,662.257 98.800 1,796.853
201712 1,701.930 99.400 1,828.633
201803 1,730.084 99.200 1,862.631
201806 1,767.211 99.200 1,902.602
201809 1,801.657 99.900 1,926.096
201812 1,822.164 99.700 1,951.927
201903 1,834.500 99.700 1,965.141
201906 1,870.438 99.800 2,001.631
201909 1,920.432 100.100 2,048.972
201912 1,971.392 100.500 2,094.972
202003 2,006.375 100.300 2,136.399
202006 2,051.277 99.900 2,192.957
202009 2,123.388 99.900 2,270.048
202012 2,197.241 99.300 2,363.196
202103 2,267.744 99.900 2,424.375
202106 2,300.046 99.500 2,468.793
202109 2,374.570 100.100 2,533.507
202112 2,415.708 100.100 2,577.399
202203 2,493.574 101.100 2,634.161
202206 2,533.244 101.800 2,657.667
202209 2,577.738 103.100 2,670.247
202212 2,618.634 104.100 2,686.552
202303 2,699.147 104.400 2,761.196
202306 2,714.821 105.200 2,756.111
202309 2,769.881 106.200 2,785.530
202312 2,791.316 106.800 2,791.316

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.


Enshu Truck Co  (TSE:9057) 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.


Enshu Truck Co Cyclically Adjusted PB Ratio Related Terms

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


Enshu Truck Co (TSE:9057) Business Description

Traded in Other Exchanges
N/A
Address
627-3 Kiwara Fukuroi, Shizuoka, JPN, 437-0046
Enshu Truck Co Ltd provides lorry transport services. Its engaged in Logistics business and Lifestyle related business. It also provides freight traffic handling, automobile maintenance, information processing, real estate brokerage and leasing, worker dispatching service, Research and development on information processing and software sales business, and Industrial waste disposal business.

Enshu Truck Co (TSE:9057) Headlines

No Headlines