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Asahi Broadcasting Group Holdings (TSE:9405) Cyclically Adjusted PB Ratio : 0.40 (As of May. 24, 2025)


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What is Asahi Broadcasting Group Holdings Cyclically Adjusted PB Ratio?

As of today (2025-05-24), Asahi Broadcasting Group Holdings's current share price is 円661.00. Asahi Broadcasting Group Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円1,641.24. Asahi Broadcasting Group Holdings's Cyclically Adjusted PB Ratio for today is 0.40.

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

TSE:9405' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.42   Max: 0.54
Current: 0.41

During the past years, Asahi Broadcasting Group Holdings's highest Cyclically Adjusted PB Ratio was 0.54. The lowest was 0.31. And the median was 0.42.

TSE:9405's Cyclically Adjusted PB Ratio is ranked better than
80% of 670 companies
in the Media - Diversified industry
Industry Median: 1.09 vs TSE:9405: 0.41

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.

Asahi Broadcasting Group Holdings's adjusted book value per share data for the three months ended in Sep. 2024 was 円1,711.712. 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1,641.24 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asahi Broadcasting Group Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Asahi Broadcasting Group Holdings'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.

Asahi Broadcasting Group Holdings Cyclically Adjusted PB Ratio Chart

Asahi Broadcasting Group Holdings 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 0.34 0.50 0.48 0.42 0.41

Asahi Broadcasting Group Holdings 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 0.42 0.45 0.42 0.41 0.39

Competitive Comparison of Asahi Broadcasting Group Holdings's Cyclically Adjusted PB Ratio

For the Broadcasting subindustry, Asahi Broadcasting Group Holdings'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.


Asahi Broadcasting Group Holdings's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Asahi Broadcasting Group Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Asahi Broadcasting Group Holdings's Cyclically Adjusted PB Ratio falls into.


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Asahi Broadcasting Group Holdings 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.

Asahi Broadcasting Group Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=661.00/1641.24
=0.40

* 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.

Asahi Broadcasting Group Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Asahi Broadcasting Group Holdings'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)
=1711.712/108.9000*108.9000
=1,711.712

Current CPI (Sep. 2024) = 108.9000.

Asahi Broadcasting Group Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201409 1,282.881 98.500 1,418.332
201412 1,317.457 97.900 1,465.486
201503 1,335.921 97.900 1,486.024
201506 1,343.096 98.400 1,486.414
201509 1,339.716 98.500 1,481.168
201512 1,372.211 98.100 1,523.280
201603 1,304.699 97.900 1,451.294
201606 1,294.096 98.100 1,436.565
201609 1,312.756 98.000 1,458.767
201612 1,365.208 98.400 1,510.886
201703 1,388.627 98.100 1,541.503
201706 1,385.984 98.500 1,532.321
201709 1,400.641 98.800 1,543.824
201712 1,431.204 99.400 1,567.989
201803 1,508.999 99.200 1,656.552
201806 1,554.571 99.200 1,706.580
201809 1,564.096 99.900 1,705.006
201812 1,572.251 99.700 1,717.333
201903 1,594.787 99.700 1,741.949
201906 1,577.793 99.800 1,721.660
201909 1,590.019 100.100 1,729.801
201912 1,624.667 100.500 1,760.460
202003 1,591.611 100.300 1,728.080
202006 1,577.508 99.900 1,719.626
202009 1,586.170 99.900 1,729.068
202012 1,537.784 99.300 1,686.452
202103 1,609.408 99.900 1,754.400
202106 1,591.080 99.500 1,741.393
202109 1,609.627 100.100 1,751.133
202112 1,623.641 100.100 1,766.379
202203 1,605.051 101.100 1,728.883
202206 1,594.292 101.800 1,705.485
202209 1,594.604 103.100 1,684.310
202212 1,605.818 104.100 1,679.861
202303 1,659.781 104.400 1,731.323
202306 1,671.188 105.200 1,729.966
202309 1,653.551 106.200 1,695.590
202312 1,654.243 106.800 1,686.770
202403 1,748.193 107.200 1,775.916
202409 1,711.712 108.900 1,711.712

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.


Asahi Broadcasting Group Holdings  (TSE:9405) 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.


Asahi Broadcasting Group Holdings Cyclically Adjusted PB Ratio Related Terms

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Asahi Broadcasting Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
1-1-30 Fukushima, Fukushima-ku, Osaka, JPN, 553-8503
Asahi Broadcasting Group Holdings Corp, formerly Asahi Broadcasting Corp is a Japanese based television and radio broadcasting company. It operates in four business divisions namely the television programming, radio and events, news and sports, and content sales. It also hosts art exhibitions and concerts. In sports division, it covers professional baseball games, professional golf tournaments, soccer matches and various other sporting events.

Asahi Broadcasting Group Holdings Headlines

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