GURUFOCUS.COM » STOCK LIST » Industrials » Construction » CTI Engineering Co Ltd (TSE:9621) » Definitions » Cyclically Adjusted PB Ratio

CTI Engineering Co (TSE:9621) Cyclically Adjusted PB Ratio : 1.80 (As of May. 01, 2025)


View and export this data going back to 1996. Start your Free Trial

What is CTI Engineering Co Cyclically Adjusted PB Ratio?

As of today (2025-05-01), CTI Engineering Co's current share price is 円2394.00. CTI Engineering Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円1,333.19. CTI Engineering Co's Cyclically Adjusted PB Ratio for today is 1.80.

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

TSE:9621' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.38   Max: 2.5
Current: 1.8

During the past years, CTI Engineering Co's highest Cyclically Adjusted PB Ratio was 2.50. The lowest was 0.76. And the median was 1.38.

TSE:9621's Cyclically Adjusted PB Ratio is ranked worse than
69.95% of 1198 companies
in the Construction industry
Industry Median: 1.03 vs TSE:9621: 1.80

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.

CTI Engineering Co's adjusted book value per share data for the three months ended in Dec. 2024 was 円2,213.653. 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1,333.19 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CTI Engineering Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CTI Engineering 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.

CTI Engineering Co Cyclically Adjusted PB Ratio Chart

CTI Engineering Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.37 1.34 1.52 2.21 1.85

CTI Engineering Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24
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 1.94 2.21 2.08 2.01 1.85

Competitive Comparison of CTI Engineering Co's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, CTI Engineering 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.


CTI Engineering Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, CTI Engineering Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

CTI Engineering 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.

CTI Engineering Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2394.00/1333.19
=1.80

* 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.

CTI Engineering Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, CTI Engineering Co's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=2213.653/110.7000*110.7000
=2,213.653

Current CPI (Dec. 2024) = 110.7000.

CTI Engineering Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 769.889 97.900 870.549
201503 780.532 97.900 882.583
201506 816.208 98.400 918.234
201509 825.790 98.500 928.071
201512 837.671 98.100 945.262
201603 822.926 97.900 930.520
201606 856.057 98.100 966.009
201609 866.594 98.000 978.898
201612 873.166 98.400 982.312
201703 866.412 98.100 977.694
201706 904.671 98.500 1,016.722
201709 919.098 98.800 1,029.799
201712 940.455 99.400 1,047.368
201803 919.487 99.200 1,026.081
201806 966.656 99.200 1,078.718
201809 982.356 99.900 1,088.557
201812 975.248 99.700 1,082.848
201903 966.124 99.700 1,072.717
201906 1,013.897 99.800 1,124.633
201909 1,027.935 100.100 1,136.787
201912 1,084.724 100.500 1,194.815
202003 1,035.891 100.300 1,143.301
202006 1,106.577 99.900 1,226.207
202009 1,150.778 99.900 1,275.186
202012 1,196.605 99.300 1,333.980
202103 1,210.042 99.900 1,340.857
202106 1,284.123 99.500 1,428.667
202109 1,292.680 100.100 1,429.567
202112 1,367.397 100.100 1,512.196
202203 1,561.209 101.100 1,709.454
202206 1,615.134 101.800 1,756.339
202209 1,634.830 103.100 1,755.341
202212 1,680.328 104.100 1,786.862
202303 1,704.417 104.400 1,807.270
202306 1,863.464 105.200 1,960.888
202309 1,897.111 106.200 1,977.497
202312 1,979.372 106.800 2,051.652
202403 2,091.493 107.200 2,159.779
202406 2,130.363 108.200 2,179.586
202412 2,213.653 110.700 2,213.653

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.


CTI Engineering Co  (TSE:9621) 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.


CTI Engineering Co Cyclically Adjusted PB Ratio Related Terms

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


CTI Engineering Co Business Description

Traded in Other Exchanges
N/A
Address
3-21-1 Nihonbashi Hama-cho, Chuo-ku, Tokyo, JPN, 103-8430
CTI Engineering Co Ltd is a Japan-based company engaged in providing services for domestic infrastructure projects, including power generation, geotechnical services, underground construction, river and coastal planning engineering, and road bridge and tunnel construction.

CTI Engineering Co Headlines

No Headlines