GURUFOCUS.COM » STOCK LIST » Technology » Software » Isb Corp (TSE:9702) » Definitions » Cyclically Adjusted PB Ratio

Isb (TSE:9702) Cyclically Adjusted PB Ratio : 1.95 (As of Sep. 22, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Isb Cyclically Adjusted PB Ratio?

As of today (2024-09-22), Isb's current share price is 円1487.00. Isb's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was 円763.60. Isb's Cyclically Adjusted PB Ratio for today is 1.95.

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

TSE:9702' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.14   Med: 1.91   Max: 2.7
Current: 1.89

During the past years, Isb's highest Cyclically Adjusted PB Ratio was 2.70. The lowest was 1.14. And the median was 1.91.

TSE:9702's Cyclically Adjusted PB Ratio is ranked better than
59.55% of 1278 companies
in the Software industry
Industry Median: 2.5 vs TSE:9702: 1.89

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.

Isb's adjusted book value per share data for the three months ended in Jun. 2024 was 円1,103.696. 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763.60 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Isb Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Isb'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.

Isb Cyclically Adjusted PB Ratio Chart

Isb 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 1.78 2.69 1.69 1.69 2.01

Isb Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.41 2.02 2.01 1.85 1.90

Competitive Comparison of Isb's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Isb'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.


Isb's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Isb 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.

Isb's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1487.00/763.6
=1.95

* 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.

Isb's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Isb's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=1103.696/108.2000*108.2000
=1,103.696

Current CPI (Jun. 2024) = 108.2000.

Isb Quarterly Data

Book Value per Share CPI Adj_Book
201409 553.304 98.500 607.792
201412 558.769 97.900 617.557
201503 591.061 97.900 653.246
201506 594.525 98.400 653.736
201509 591.323 98.500 649.555
201512 545.011 98.100 601.123
201603 529.079 97.900 584.743
201606 534.687 98.100 589.736
201609 537.380 98.000 593.311
201612 544.094 98.400 598.282
201703 548.072 98.100 604.499
201706 552.231 98.500 606.613
201709 554.117 98.800 606.837
201712 568.489 99.400 618.818
201803 581.359 99.200 634.103
201806 589.676 99.200 643.175
201809 594.413 99.900 643.799
201812 605.766 99.700 657.411
201903 621.113 99.700 674.066
201906 622.748 99.800 675.164
201909 637.142 100.100 688.699
201912 654.902 100.500 705.079
202003 663.786 100.300 716.068
202006 683.804 99.900 740.617
202009 739.213 99.900 800.629
202012 772.122 99.300 841.325
202103 789.232 99.900 854.804
202106 800.538 99.500 870.535
202109 811.768 100.100 877.456
202112 841.127 100.100 909.190
202203 852.465 101.100 912.331
202206 876.639 101.800 931.752
202209 909.059 103.100 954.027
202212 938.027 104.100 974.971
202303 949.862 104.400 984.436
202306 972.274 105.200 1,000.000
202309 1,016.621 106.200 1,035.766
202312 1,035.364 106.800 1,048.936
202403 1,070.290 107.200 1,080.274
202406 1,103.696 108.200 1,103.696

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.


Isb  (TSE:9702) 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.


Isb Cyclically Adjusted PB Ratio Related Terms

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


Isb Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Isb Corp (TSE:9702) » Definitions » Cyclically Adjusted PB Ratio
Traded in Other Exchanges
N/A
Address
SumitomoseimeiGotanda building, 8th floor, 5-1-11, Ohsaki, Shinagawa-ku, Tokyo, JPN, 141-0032
Isb Corp develops software for mobile phones, embedded software for medical, consumer electronics and automobile use, mobile infrastructure devices, software for government, public and autonomous community use, mission-critical systems and software for bank, security and private company use, and provides Internet protocol (IP) solutions and others. It is also engaged in the sale of equipment related to software development, and provision of information processing service.

Isb Headlines

No Headlines