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Katongyo Co (TSE:9869) Cyclically Adjusted PB Ratio : 1.16 (As of Jun. 06, 2024)


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What is Katongyo Co Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Katongyo Co's current share price is 円4125.00. Katongyo Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円3,561.16. Katongyo Co's Cyclically Adjusted PB Ratio for today is 1.16.

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

TSE:9869' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.28   Max: 1.84
Current: 1.16

During the past years, Katongyo Co's highest Cyclically Adjusted PB Ratio was 1.84. The lowest was 1.01. And the median was 1.28.

TSE:9869's Cyclically Adjusted PB Ratio is ranked better than
60.62% of 226 companies
in the Retail - Defensive industry
Industry Median: 1.595 vs TSE:9869: 1.16

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.

Katongyo Co's adjusted book value per share data for the three months ended in Mar. 2024 was 円4,821.266. 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3,561.16 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Katongyo Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Katongyo 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.

Katongyo Co Cyclically Adjusted PB Ratio Chart

Katongyo Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 1.38 1.15 1.06 1.16

Katongyo Co 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 1.07 1.18 1.16 1.31 1.28

Competitive Comparison of Katongyo Co's Cyclically Adjusted PB Ratio

For the Food Distribution subindustry, Katongyo 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.


Katongyo Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

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

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



Katongyo 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4125.00/3561.16
=1.16

* 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.

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

For example, Katongyo Co'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)
=4821.266/107.2000*107.2000
=4,821.266

Current CPI (Mar. 2024) = 107.2000.

Katongyo Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2,436.461 98.000 2,665.190
201409 2,488.045 98.500 2,707.801
201412 2,537.494 97.900 2,778.543
201503 2,637.512 97.900 2,888.062
201506 2,718.573 98.400 2,961.697
201509 2,720.435 98.500 2,960.717
201512 2,756.214 98.100 3,011.887
201603 2,686.391 97.900 2,941.584
201606 2,680.811 98.100 2,929.490
201609 2,784.055 98.000 3,045.415
201612 2,865.762 98.400 3,122.050
201703 2,916.347 98.100 3,186.875
201706 2,964.421 98.500 3,226.253
201709 3,010.420 98.800 3,266.367
201712 3,091.007 99.400 3,333.561
201803 3,125.868 99.200 3,377.954
201806 3,190.950 99.200 3,448.285
201809 3,247.669 99.900 3,484.986
201812 3,180.902 99.700 3,420.188
201903 3,240.418 99.700 3,484.181
201906 3,195.055 99.800 3,431.963
201909 3,238.851 100.100 3,468.580
201912 3,320.037 100.500 3,541.373
202003 3,338.579 100.300 3,568.252
202006 3,376.718 99.900 3,623.465
202009 3,497.774 99.900 3,753.367
202012 3,565.778 99.300 3,849.460
202103 3,634.849 99.900 3,900.459
202106 3,648.640 99.500 3,930.997
202109 3,757.421 100.100 4,023.931
202112 3,736.656 100.100 4,001.694
202203 3,816.650 101.100 4,046.933
202206 3,890.898 101.800 4,097.291
202209 4,018.426 103.100 4,178.228
202212 4,112.906 104.100 4,235.384
202303 4,169.916 104.400 4,281.753
202306 4,332.907 105.200 4,415.282
202309 4,452.550 106.200 4,494.476
202312 4,524.045 106.800 4,540.989
202403 4,821.266 107.200 4,821.266

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.


Katongyo Co  (TSE:9869) 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.


Katongyo Co Cyclically Adjusted PB Ratio Related Terms

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


Katongyo Co (TSE:9869) Business Description

Traded in Other Exchanges
N/A
Address
9-20 Matsubara-cho, Nishinomiya-shi, JPN, 662-8543
Kato Sangyo Co Ltd is a food wholesale company that handles processed foods. The company is primarily located in Japan. The company segments its operations into room temperature distribution, low temperature distribution, alcoholic beverage distribution, and other. The room temperature distribution segment involves wholesale processed foods and confections. The low temperature distribution segment engages in wholesale low-temperature foods and agricultural products. The alcoholic beverage distribution segment operates in wholesale alcoholic beverages. The other segment relates to the company's logistic business and insurance agency business.

Katongyo Co (TSE:9869) Headlines

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