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Maruwn (TSE:9067) Cyclically Adjusted PB Ratio : 0.46 (As of Jun. 06, 2024)


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What is Maruwn Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Maruwn's current share price is 円372.00. Maruwn's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円807.37. Maruwn's Cyclically Adjusted PB Ratio for today is 0.46.

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

TSE:9067' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.35   Max: 0.55
Current: 0.46

During the past years, Maruwn's highest Cyclically Adjusted PB Ratio was 0.55. The lowest was 0.27. And the median was 0.35.

TSE:9067's Cyclically Adjusted PB Ratio is ranked better than
85.83% of 720 companies
in the Transportation industry
Industry Median: 1.255 vs TSE:9067: 0.46

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.

Maruwn's adjusted book value per share data for the three months ended in Dec. 2023 was 円843.780. 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807.37 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maruwn Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Maruwn'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.

Maruwn Cyclically Adjusted PB Ratio Chart

Maruwn 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 0.42 0.32 0.40 0.33 0.29

Maruwn 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 0.28 0.29 0.30 0.32 0.33

Competitive Comparison of Maruwn's Cyclically Adjusted PB Ratio

For the Trucking subindustry, Maruwn'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.


Maruwn's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

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



Maruwn 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.

Maruwn's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=372.00/807.37
=0.46

* 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.

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

For example, Maruwn'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)
=843.78/106.8000*106.8000
=843.780

Current CPI (Dec. 2023) = 106.8000.

Maruwn Quarterly Data

Book Value per Share CPI Adj_Book
201403 659.636 95.700 736.146
201406 668.150 98.000 728.147
201409 668.912 98.500 725.277
201412 672.858 97.900 734.027
201503 669.334 97.900 730.183
201506 673.315 98.400 730.793
201509 654.485 98.500 709.634
201512 690.553 98.100 751.795
201603 695.863 97.900 759.123
201606 686.759 98.100 747.664
201609 688.767 98.000 750.615
201612 702.128 98.400 762.066
201703 713.111 98.100 776.353
201706 715.327 98.500 775.603
201709 726.057 98.800 784.847
201712 742.396 99.400 797.665
201803 746.011 99.200 803.165
201806 752.658 99.200 810.321
201809 764.150 99.900 816.929
201812 767.543 99.700 822.203
201903 774.040 99.700 829.162
201906 776.048 99.800 830.480
201909 777.848 100.100 829.912
201912 789.168 100.500 838.638
202003 786.646 100.300 837.625
202006 787.304 99.900 841.682
202009 789.381 99.900 843.903
202012 798.693 99.300 859.017
202103 815.606 99.900 871.939
202106 814.083 99.500 873.810
202109 816.056 100.100 870.677
202112 813.390 100.100 867.833
202203 823.092 101.100 869.498
202206 825.931 101.800 866.497
202209 827.627 103.100 857.328
202212 832.785 104.100 854.385
202303 836.573 104.400 855.805
202306 837.923 105.200 850.667
202309 844.812 106.200 849.585
202312 843.780 106.800 843.780

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.


Maruwn  (TSE:9067) 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.


Maruwn Cyclically Adjusted PB Ratio Related Terms

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


Maruwn (TSE:9067) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 7 No. 2, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-0016
Maruwn Corp is engaged in the logistics business in Japan. It offers various logistics services including general cargo such as daily goods, special cargo such as heavy goods and long items, liquid hazardous goods such as petroleum products and lubricants, multi-temperature range products such as foods and medical equipment.

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