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Bell-Park Co (TSE:9441) Cyclically Adjusted PB Ratio : 1.40 (As of Jun. 24, 2024)


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What is Bell-Park Co Cyclically Adjusted PB Ratio?

As of today (2024-06-24), Bell-Park Co's current share price is 円1790.00. Bell-Park Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円1,275.09. Bell-Park Co's Cyclically Adjusted PB Ratio for today is 1.40.

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

TSE:9441' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.33   Med: 1.81   Max: 2.77
Current: 1.4

During the past years, Bell-Park Co's highest Cyclically Adjusted PB Ratio was 2.77. The lowest was 1.33. And the median was 1.81.

TSE:9441's Cyclically Adjusted PB Ratio is ranked worse than
56.98% of 774 companies
in the Retail - Cyclical industry
Industry Median: 1.16 vs TSE:9441: 1.40

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.

Bell-Park Co's adjusted book value per share data for the three months ended in Mar. 2024 was 円1,710.702. 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1,275.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bell-Park Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bell-Park 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.

Bell-Park Co Cyclically Adjusted PB Ratio Chart

Bell-Park Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.77 2.56 2.58 1.69 1.36

Bell-Park Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.51 1.38 1.38 1.36 1.34

Competitive Comparison of Bell-Park Co's Cyclically Adjusted PB Ratio

For the Specialty Retail subindustry, Bell-Park 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.


Bell-Park Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Bell-Park Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bell-Park Co's Cyclically Adjusted PB Ratio falls into.



Bell-Park 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.

Bell-Park Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1790.00/1275.09
=1.40

* 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.

Bell-Park Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Bell-Park Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1710.702/107.2000*107.2000
=1,710.702

Current CPI (Mar. 2024) = 107.2000.

Bell-Park Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 738.308 98.000 807.619
201409 747.648 98.500 813.684
201412 768.955 97.900 842.002
201503 795.155 97.900 870.691
201506 813.084 98.400 885.799
201509 826.253 98.500 899.232
201512 852.152 98.100 931.200
201603 880.652 97.900 964.309
201606 892.753 98.100 975.567
201609 898.084 98.000 982.394
201612 931.402 98.400 1,014.698
201703 956.294 98.100 1,045.002
201706 971.778 98.500 1,057.610
201709 980.373 98.800 1,063.725
201712 1,021.536 99.400 1,101.697
201803 1,053.470 99.200 1,138.427
201806 1,075.549 99.200 1,162.287
201809 1,077.100 99.900 1,155.807
201812 1,108.857 99.700 1,192.272
201903 1,158.562 99.700 1,245.716
201906 1,179.449 99.800 1,266.903
201909 1,199.117 100.100 1,284.169
201912 1,241.593 100.500 1,324.366
202003 1,315.302 100.300 1,405.786
202006 1,337.696 99.900 1,435.446
202009 1,355.660 99.900 1,454.722
202012 1,385.680 99.300 1,495.920
202103 1,434.586 99.900 1,539.416
202106 1,470.581 99.500 1,584.385
202109 1,465.870 100.100 1,569.843
202112 1,495.328 100.100 1,601.390
202203 1,525.598 101.100 1,617.647
202206 1,559.317 101.800 1,642.031
202209 1,562.802 103.100 1,624.950
202212 1,576.908 104.100 1,623.867
202303 1,624.690 104.400 1,668.264
202306 1,645.626 105.200 1,676.912
202309 1,646.293 106.200 1,661.795
202312 1,659.175 106.800 1,665.389
202403 1,710.702 107.200 1,710.702

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.


Bell-Park Co  (TSE:9441) 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.


Bell-Park Co Cyclically Adjusted PB Ratio Related Terms

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


Bell-Park Co (TSE:9441) Business Description

Traded in Other Exchanges
N/A
Address
1-4-12, Hirakawacho, 6th, 7th, 8th, 9th Floor, Hirakawacho Center Building, Chiyoda-ku, Tokyo, JPN, 102-0093
Bell-Park Co Ltd is engaged in the selling of mobile communication handsets and buying, selling, repair, and maintenance of mobile communication handsets and other office equipment.

Bell-Park Co (TSE:9441) Headlines

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