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KSK Co (TSE:9687) Cyclically Adjusted PB Ratio : 1.74 (As of Jun. 23, 2024)


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What is KSK Co Cyclically Adjusted PB Ratio?

As of today (2024-06-23), KSK Co's current share price is 円3365.00. KSK Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,928.58. KSK Co's Cyclically Adjusted PB Ratio for today is 1.74.

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

TSE:9687' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.07   Med: 1.34   Max: 2.42
Current: 1.74

During the past years, KSK Co's highest Cyclically Adjusted PB Ratio was 2.42. The lowest was 1.07. And the median was 1.34.

TSE:9687's Cyclically Adjusted PB Ratio is ranked better than
62.5% of 1424 companies
in the Software industry
Industry Median: 2.515 vs TSE:9687: 1.74

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.

KSK Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円2,619.894. 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1,928.58 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


KSK Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for KSK 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.

KSK Co Cyclically Adjusted PB Ratio Chart

KSK Co 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 1.32 1.21 1.54 1.36 1.28

KSK Co 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 1.23 1.28 1.35 1.37 1.46

Competitive Comparison of KSK Co's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, KSK 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.


KSK Co's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, KSK Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



KSK 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3365.00/1928.58
=1.74

* 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.

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

For example, KSK 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)
=2619.894/106.8000*106.8000
=2,619.894

Current CPI (Dec. 2023) = 106.8000.

KSK Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,285.928 95.700 1,435.080
201406 1,261.855 98.000 1,375.164
201409 1,282.781 98.500 1,390.873
201412 1,303.550 97.900 1,422.055
201503 1,351.673 97.900 1,474.552
201506 1,342.957 98.400 1,457.600
201509 1,365.934 98.500 1,481.033
201512 1,389.228 98.100 1,512.432
201603 1,433.977 97.900 1,564.339
201606 1,419.969 98.100 1,545.899
201609 1,440.417 98.000 1,569.761
201612 1,472.942 98.400 1,598.681
201703 1,580.849 98.100 1,721.047
201706 1,564.780 98.500 1,696.635
201709 1,603.047 98.800 1,732.848
201712 1,649.927 99.400 1,772.759
201803 1,710.015 99.200 1,841.024
201806 1,685.337 99.200 1,814.456
201809 1,721.111 99.900 1,839.987
201812 1,757.966 99.700 1,883.157
201903 1,822.601 99.700 1,952.395
201906 1,745.223 99.800 1,867.633
201909 1,790.641 100.100 1,910.494
201912 1,858.936 100.500 1,975.466
202003 1,904.009 100.300 2,027.399
202006 1,899.181 99.900 2,030.356
202009 1,964.933 99.900 2,100.649
202012 2,034.175 99.300 2,187.814
202103 2,101.061 99.900 2,246.179
202106 2,079.272 99.500 2,231.822
202109 2,136.928 100.100 2,279.959
202112 2,214.192 100.100 2,362.395
202203 2,283.412 101.100 2,412.150
202206 2,262.462 101.800 2,373.585
202209 2,329.335 103.100 2,412.929
202212 2,396.208 104.100 2,458.357
202303 2,475.572 104.400 2,532.482
202306 2,451.630 105.200 2,488.917
202309 2,528.479 106.200 2,542.764
202312 2,619.894 106.800 2,619.894

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.


KSK Co  (TSE:9687) 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.


KSK Co Cyclically Adjusted PB Ratio Related Terms

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


KSK Co (TSE:9687) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1625-2, Momura, Inagi-shi, Tokyo, JPN
KSK Co Ltd is a total solutions partner of IT. It provides software development, and customer and data entry services. Its businesses include analog LSI development, middleware/firmware design, web system development, CAD system development, network system integration, computer system integration, data entry business.

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