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Morito Co (TSE:9837) Cyclically Adjusted PB Ratio : 1.08 (As of Jun. 02, 2025)


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What is Morito Co Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Morito Co's current share price is 円1415.00. Morito Co's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2024 was 円1,307.80. Morito Co's Cyclically Adjusted PB Ratio for today is 1.08.

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

TSE:9837' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.78   Max: 1.25
Current: 1.08

During the past years, Morito Co's highest Cyclically Adjusted PB Ratio was 1.25. The lowest was 0.55. And the median was 0.78.

TSE:9837's Cyclically Adjusted PB Ratio is ranked better than
54.68% of 748 companies
in the Retail - Cyclical industry
Industry Median: 1.245 vs TSE:9837: 1.08

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.

Morito Co's adjusted book value per share data for the three months ended in Nov. 2024 was 円1,495.669. 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1,307.80 for the trailing ten years ended in Nov. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Morito Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Morito 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.

Morito Co Cyclically Adjusted PB Ratio Chart

Morito Co Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.59 0.65 1.04 1.12

Morito Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24
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 1.02 1.04 1.16 1.15 1.12

Competitive Comparison of Morito Co's Cyclically Adjusted PB Ratio

For the Apparel Retail subindustry, Morito 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.


Morito Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Morito Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Morito 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1415.00/1307.80
=1.08

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Nov. 2024 (Change)*Current CPI (Nov. 2024)
=1495.669/110.0000*110.0000
=1,495.669

Current CPI (Nov. 2024) = 110.0000.

Morito Co Quarterly Data

Book Value per Share CPI Adj_Book
201411 1,017.803 97.900 1,143.599
201502 1,069.807 97.600 1,205.725
201505 1,086.558 98.700 1,210.956
201508 1,093.742 98.400 1,222.679
201511 1,081.235 98.100 1,212.394
201602 1,048.386 97.800 1,179.166
201605 1,042.174 98.200 1,167.405
201608 997.457 97.900 1,120.738
201611 1,028.465 98.600 1,147.375
201702 1,052.256 98.100 1,179.900
201705 1,145.598 98.600 1,278.051
201708 1,151.210 98.500 1,285.615
201711 1,186.005 99.100 1,316.454
201802 1,182.770 99.500 1,307.585
201805 1,173.623 99.300 1,300.086
201808 1,171.073 99.800 1,290.762
201811 1,198.125 100.000 1,317.938
201902 1,154.463 99.700 1,273.730
201905 1,155.301 100.000 1,270.831
201908 1,147.924 100.000 1,262.716
201911 1,195.234 100.500 1,308.216
202002 1,178.303 100.300 1,292.257
202005 1,168.686 100.100 1,284.270
202008 1,158.134 100.100 1,272.675
202011 1,169.297 99.500 1,292.690
202102 1,174.388 99.800 1,294.416
202105 1,215.592 99.400 1,345.223
202108 1,190.898 99.700 1,313.930
202111 1,242.758 100.100 1,365.668
202202 1,223.886 100.700 1,336.916
202205 1,266.340 101.800 1,368.344
202208 1,309.094 102.700 1,402.145
202211 1,347.105 103.900 1,426.194
202302 1,347.999 104.000 1,425.768
202305 1,384.744 105.100 1,449.304
202308 1,420.512 105.900 1,475.508
202311 1,446.032 106.900 1,487.966
202402 1,420.736 106.900 1,461.936
202405 1,493.067 108.100 1,519.310
202411 1,495.669 110.000 1,495.669

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.


Morito Co  (TSE:9837) 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.


Morito Co Cyclically Adjusted PB Ratio Related Terms

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


Morito Co Business Description

Traded in Other Exchanges
N/A
Address
4-2-4 Minami-Honmachi Chuo-ku, Osaka, JPN, 541-0054
Morito Co Ltd produces and sells eyelets, hooks, flat fasteners, and other apparel and footwear accessories and articles as well as materials for camera components and vehicle interiors.

Morito Co Headlines

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