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Osaka Gas Co (TSE:9532) Cyclically Adjusted PB Ratio : 1.30 (As of May. 14, 2024)


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What is Osaka Gas Co Cyclically Adjusted PB Ratio?

As of today (2024-05-14), Osaka Gas Co's current share price is 円3492.00. Osaka Gas Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円2,696.15. Osaka Gas Co's Cyclically Adjusted PB Ratio for today is 1.30.

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

TSE:9532' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.03   Max: 1.53
Current: 1.31

During the past years, Osaka Gas Co's highest Cyclically Adjusted PB Ratio was 1.53. The lowest was 0.80. And the median was 1.03.

TSE:9532's Cyclically Adjusted PB Ratio is ranked better than
54.36% of 447 companies
in the Utilities - Regulated industry
Industry Median: 1.44 vs TSE:9532: 1.31

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.

Osaka Gas Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円3,864.129. 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2,696.15 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Osaka Gas Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Osaka Gas 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.

Osaka Gas Co Cyclically Adjusted PB Ratio Chart

Osaka Gas 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 0.97 0.99 0.91 0.87 -

Osaka Gas 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 0.87 0.86 0.93 1.09 -

Competitive Comparison of Osaka Gas Co's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Gas subindustry, Osaka Gas 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.


Osaka Gas Co's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Osaka Gas Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Osaka Gas 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.

Osaka Gas Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3492.00/2696.15
=1.30

* 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.

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

For example, Osaka Gas 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)
=3864.129/106.8000*106.8000
=3,864.129

Current CPI (Dec. 2023) = 106.8000.

Osaka Gas Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,919.491 95.700 2,142.128
201406 1,994.558 98.000 2,173.661
201409 2,000.923 98.500 2,169.529
201412 2,003.748 97.900 2,185.907
201503 2,134.910 97.900 2,328.993
201506 2,217.315 98.400 2,406.598
201509 2,257.166 98.500 2,447.364
201512 2,219.151 98.100 2,415.956
201603 2,179.228 97.900 2,377.340
201606 2,155.564 98.100 2,346.730
201609 2,119.097 98.000 2,309.383
201612 2,125.285 98.400 2,306.712
201703 2,312.677 98.100 2,517.777
201706 2,322.619 98.500 2,518.332
201709 2,349.028 98.800 2,539.233
201712 2,383.620 99.400 2,561.073
201803 2,403.674 99.200 2,587.826
201806 2,390.066 99.200 2,573.176
201809 2,418.285 99.900 2,585.314
201812 2,362.563 99.700 2,530.810
201903 2,415.362 99.700 2,587.369
201906 2,439.217 99.800 2,610.304
201909 2,415.249 100.100 2,576.909
201912 2,386.991 100.500 2,536.623
202003 2,399.057 100.300 2,554.529
202006 2,378.277 99.900 2,542.542
202009 2,414.873 99.900 2,581.666
202012 2,436.488 99.300 2,620.513
202103 2,602.172 99.900 2,781.902
202106 2,718.614 99.500 2,918.070
202109 2,729.601 100.100 2,912.302
202112 2,678.567 100.100 2,857.852
202203 3,059.385 101.100 3,231.873
202206 3,096.364 101.800 3,248.445
202209 3,160.758 103.100 3,274.190
202212 3,276.544 104.100 3,361.526
202303 3,347.334 104.400 3,424.284
202306 3,534.488 105.200 3,588.244
202309 3,727.998 106.200 3,749.060
202312 3,864.129 106.800 3,864.129

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.


Osaka Gas Co  (TSE:9532) 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.


Osaka Gas Co Cyclically Adjusted PB Ratio Related Terms

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


Osaka Gas Co (TSE:9532) Business Description

Traded in Other Exchanges
Address
4-1-2, Hiranomachi, Chuo-ku, Osaka, JPN, 541-0046
Osaka Gas Co Ltd is a Japanese utility company involved in the production and supply of natural gas and electricity. Osaka Gas segments its operations into: Gas; LPG, Electricity, and Other Energy; International Energy; and Life and Business Solutions units. The company's total revenue generation is mainly split between its Gas and LPG, Electricity, and Other Energy divisions. The Gas business produces, supplies, and markets city gas to mostly industrial and residential customers in the Kansai region of Japan. Osaka Gas' LPG, Electricity, and Other Energy business generates and sells electricity and liquefied petroleum gas to consumers both inside and outside Japan. To do this, the company operates an international portfolio of natural gas-fired thermal, solar, and wind power plants.

Osaka Gas Co (TSE:9532) Headlines

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