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Striders (TSE:9816) Cyclically Adjusted PB Ratio : 0.82 (As of Jan. 19, 2025)


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What is Striders Cyclically Adjusted PB Ratio?

As of today (2025-01-19), Striders's current share price is 円214.00. Striders's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円260.14. Striders's Cyclically Adjusted PB Ratio for today is 0.82.

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

TSE:9816' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.33   Max: 3.12
Current: 0.82

During the past years, Striders's highest Cyclically Adjusted PB Ratio was 3.12. The lowest was 0.75. And the median was 1.33.

TSE:9816's Cyclically Adjusted PB Ratio is ranked worse than
55.33% of 1370 companies
in the Real Estate industry
Industry Median: 0.7 vs TSE:9816: 0.82

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.

Striders's adjusted book value per share data for the three months ended in Sep. 2024 was 円292.053. 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260.14 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Striders Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Striders'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.

Striders Cyclically Adjusted PB Ratio Chart

Striders 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 1.33 1.49 1.01 0.94 0.88

Striders Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 1.10 0.93 0.84 0.88 0.76

Competitive Comparison of Striders's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Striders'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.


Striders's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Striders's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Striders 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=214.00/260.14
=0.82

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=292.053/108.9000*108.9000
=292.053

Current CPI (Sep. 2024) = 108.9000.

Striders Quarterly Data

Book Value per Share CPI Adj_Book
201409 135.545 98.500 149.856
201412 156.961 97.900 174.597
201503 174.652 97.900 194.276
201506 179.073 98.400 198.181
201509 178.599 98.500 197.456
201512 190.145 98.100 211.078
201603 185.494 97.900 206.336
201606 194.200 98.100 215.580
201609 201.329 98.000 223.722
201612 205.136 98.400 227.026
201703 213.631 98.100 237.150
201706 220.041 98.500 243.274
201709 224.074 98.800 246.980
201712 229.864 99.400 251.833
201803 226.881 99.200 249.066
201806 233.458 99.200 256.286
201809 238.376 99.900 259.851
201812 241.190 99.700 263.446
201903 235.151 99.700 256.850
201906 242.136 99.800 264.215
201909 250.114 100.100 272.102
201912 256.641 100.500 278.092
202003 247.708 100.300 268.947
202006 241.666 99.900 263.438
202009 253.953 99.900 276.832
202012 266.372 99.300 292.124
202103 267.770 99.900 291.893
202106 268.400 99.500 293.756
202109 271.209 100.100 295.052
202112 283.411 100.100 308.326
202203 286.632 101.100 308.746
202206 284.622 101.800 304.473
202209 286.957 103.100 303.100
202212 291.289 104.100 304.720
202303 296.817 104.400 309.611
202306 293.860 105.200 304.195
202309 293.811 106.200 301.281
202312 294.420 106.800 300.209
202403 304.867 107.200 309.702
202409 292.053 108.900 292.053

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.


Striders  (TSE:9816) 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.


Striders Cyclically Adjusted PB Ratio Related Terms

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


Striders Business Description

Industry
Traded in Other Exchanges
N/A
Address
8th Floor 5-13-5 Shinbashi Minato-ku, Shinbashi MCV Building, Tokyo, JPN, 105-0004
Striders Corp is engaged in real estate business, hotel business, and overseas business. The activity of the company includes property management business, leasing management business, building management business, rent warranty business, and real estate sales business.

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