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SECOM Co (TSE:9735) Cyclically Adjusted PB Ratio : 2.06 (As of Jun. 03, 2025)


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What is SECOM Co Cyclically Adjusted PB Ratio?

As of today (2025-06-03), SECOM Co's current share price is 円5318.00. SECOM Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円2,576.91. SECOM Co's Cyclically Adjusted PB Ratio for today is 2.06.

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

TSE:9735' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.66   Med: 2.47   Max: 3.12
Current: 2.04

During the past years, SECOM Co's highest Cyclically Adjusted PB Ratio was 3.12. The lowest was 1.66. And the median was 2.47.

TSE:9735's Cyclically Adjusted PB Ratio is ranked worse than
59.65% of 684 companies
in the Business Services industry
Industry Median: 1.535 vs TSE:9735: 2.04

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.

SECOM Co's adjusted book value per share data for the three months ended in Dec. 2024 was 円2,964.750. 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2,576.91 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SECOM Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SECOM 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.

SECOM Co Cyclically Adjusted PB Ratio Chart

SECOM Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.39 2.14 1.81 2.26 -

SECOM Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.26 1.92 2.11 2.08 -

Competitive Comparison of SECOM Co's Cyclically Adjusted PB Ratio

For the Security & Protection Services subindustry, SECOM 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.


SECOM Co's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SECOM Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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SECOM 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5318.00/2576.91
=2.06

* 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.

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

For example, SECOM 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)
=2964.75/110.7000*110.7000
=2,964.750

Current CPI (Dec. 2024) = 110.7000.

SECOM Co Quarterly Data

Book Value per Share CPI Adj_Book
201503 1,833.660 97.900 2,073.403
201506 1,854.319 98.400 2,086.109
201509 1,892.522 98.500 2,126.926
201512 1,899.773 98.100 2,143.781
201603 1,908.905 97.900 2,158.486
201606 1,896.468 98.100 2,140.051
201609 1,922.185 98.000 2,171.284
201612 1,961.416 98.400 2,206.593
201703 2,043.432 98.100 2,305.891
201706 2,050.231 98.500 2,304.168
201709 2,098.249 98.800 2,350.973
201712 2,122.264 99.400 2,363.527
201803 2,182.312 99.200 2,435.302
201806 2,190.882 99.200 2,444.865
201809 2,230.597 99.900 2,471.743
201812 2,242.393 99.700 2,489.798
201903 2,281.031 99.700 2,532.699
201906 2,279.020 99.800 2,527.931
201909 2,321.357 100.100 2,567.175
201912 2,341.118 100.500 2,578.724
202003 2,371.286 100.300 2,617.162
202006 2,375.201 99.900 2,631.979
202009 2,405.759 99.900 2,665.841
202012 2,412.038 99.300 2,688.949
202103 2,479.084 99.900 2,747.093
202106 2,479.258 99.500 2,758.330
202109 2,513.162 100.100 2,779.291
202112 2,532.810 100.100 2,801.020
202203 2,573.642 101.100 2,818.023
202206 2,580.098 101.800 2,805.666
202209 2,655.531 103.100 2,851.283
202212 2,677.564 104.100 2,847.323
202303 2,713.807 104.400 2,877.571
202306 2,736.349 105.200 2,879.409
202309 2,809.447 106.200 2,928.491
202312 2,814.811 106.800 2,917.599
202403 2,908.367 107.200 3,003.323
202406 2,922.489 108.200 2,990.014
202409 2,974.612 108.900 3,023.779
202412 2,964.750 110.700 2,964.750

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.


SECOM Co  (TSE:9735) 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.


SECOM Co Cyclically Adjusted PB Ratio Related Terms

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


SECOM Co Business Description

Traded in Other Exchanges
Address
5-1, Jingumae 1-chome, Shibuya-ku, Tokyo, JPN, 150-0001
SECOM Co Ltd is a provider of security services and surveillance systems. The company operates seven business segments: security services, fire protection services, medical services, insurance services, geographic information services, information- and communication-related services, and real estate and other services. The largest segment by revenue, security services, offers electronic security services and systems, including online commercial and home security systems and large-scale surveillance services. Other segments offer fire protection and detection services, as well as medical dispensing services for home care and hospitals. The company generates most of its revenue in Japan.

SECOM Co Headlines

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