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Benesse Holdings (TSE:9783) Cyclically Adjusted PB Ratio : 23,535,644.99 (As of May. 26, 2024)


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What is Benesse Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Benesse Holdings's current share price is 円41605136436.597. Benesse Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円1,767.75. Benesse Holdings's Cyclically Adjusted PB Ratio for today is 23,535,644.99.

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

TSE:9783' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.45   Max: 23535674.81
Current: 23535674.81

During the past years, Benesse Holdings's highest Cyclically Adjusted PB Ratio was 23535674.81. The lowest was 0.99. And the median was 1.45.

TSE:9783's Cyclically Adjusted PB Ratio is ranked worse than
100% of 132 companies
in the Education industry
Industry Median: 1.235 vs TSE:9783: 23535674.81

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.

Benesse Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was 円1,549.676. 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1,767.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Benesse Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Benesse Holdings'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.

Benesse Holdings Cyclically Adjusted PB Ratio Chart

Benesse Holdings 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 1.48 1.28 1.25 1.08 1.46

Benesse Holdings 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 1.08 1.03 1.02 1.46 1.46

Competitive Comparison of Benesse Holdings's Cyclically Adjusted PB Ratio

For the Education & Training Services subindustry, Benesse Holdings'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.


Benesse Holdings's Cyclically Adjusted PB Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Benesse Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Benesse Holdings 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.

Benesse Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=41605136436.597/1767.75
=23,535,644.99

* 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.

Benesse Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1549.676/107.2000*107.2000
=1,549.676

Current CPI (Mar. 2024) = 107.2000.

Benesse Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,861.530 98.000 2,036.286
201409 1,973.915 98.500 2,148.261
201412 1,998.895 97.900 2,188.780
201503 1,881.269 97.900 2,059.980
201506 1,832.004 98.400 1,995.842
201509 1,886.412 98.500 2,053.029
201512 1,871.160 98.100 2,044.733
201603 1,689.936 97.900 1,850.471
201606 1,596.605 98.100 1,744.710
201609 1,643.740 98.000 1,798.050
201612 1,624.020 98.400 1,769.258
201703 1,646.272 98.100 1,798.984
201706 1,589.918 98.500 1,730.347
201709 1,656.489 98.800 1,797.324
201712 1,749.692 99.400 1,886.992
201803 1,674.410 99.200 1,809.443
201806 1,589.048 99.200 1,717.197
201809 1,667.087 99.900 1,788.906
201812 1,668.700 99.700 1,794.229
201903 1,656.997 99.700 1,781.646
201906 1,614.390 99.800 1,734.094
201909 1,710.057 100.100 1,831.350
201912 1,732.318 100.500 1,847.806
202003 1,653.683 100.300 1,767.446
202006 1,588.051 99.900 1,704.095
202009 1,665.689 99.900 1,787.406
202012 1,683.962 99.300 1,817.933
202103 1,660.889 99.900 1,782.255
202106 1,392.190 99.500 1,499.927
202109 1,474.463 100.100 1,579.045
202112 1,501.799 100.100 1,608.320
202203 1,460.374 101.100 1,548.488
202206 1,415.645 101.800 1,490.738
202209 1,507.841 103.100 1,567.804
202212 1,534.669 104.100 1,580.370
202303 1,508.868 104.400 1,549.336
202306 1,483.115 105.200 1,511.311
202309 1,555.239 106.200 1,569.883
202312 1,582.233 106.800 1,588.159
202403 1,549.676 107.200 1,549.676

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.


Benesse Holdings  (TSE:9783) 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.


Benesse Holdings Cyclically Adjusted PB Ratio Related Terms

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


Benesse Holdings (TSE:9783) Business Description

Traded in Other Exchanges
Address
3-7-17 Minamigata, Kita-ku, Okayama, JPN, 700-0807
Benesse Holdings Inc is a Japanese holding company that operates educational facilities, nursing homes, and child care services. The company's main segment operates elementary, junior high, and high schools across Japan. The company also provides course materials and exam preparation materials. In addition, Benesse Holdings operates branded preschools as well as nursing and elderly care facilities. Enrollment tuition in elementary and junior high schools provides the largest source of revenue for the company. Benesse Holdings also operates educational services in China, Taiwan, South Korea, and the United States.

Benesse Holdings (TSE:9783) Headlines

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