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Uematsu Shokai Co (TSE:9914) Cyclically Adjusted PB Ratio : 0.78 (As of Jun. 09, 2024)


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What is Uematsu Shokai Co Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Uematsu Shokai Co's current share price is 円1037.00. Uematsu Shokai Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,325.29. Uematsu Shokai Co's Cyclically Adjusted PB Ratio for today is 0.78.

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

TSE:9914' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.71   Max: 1.01
Current: 0.78

During the past years, Uematsu Shokai Co's highest Cyclically Adjusted PB Ratio was 1.01. The lowest was 0.43. And the median was 0.71.

TSE:9914's Cyclically Adjusted PB Ratio is ranked better than
67.2% of 125 companies
in the Industrial Distribution industry
Industry Median: 1.3 vs TSE:9914: 0.78

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.

Uematsu Shokai Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円1,311.782. 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1,325.29 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Uematsu Shokai Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Uematsu Shokai 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.

Uematsu Shokai Co Cyclically Adjusted PB Ratio Chart

Uematsu Shokai Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.81 0.63 0.45 0.50

Uematsu Shokai Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.55 0.50 0.55 0.67 0.78

Competitive Comparison of Uematsu Shokai Co's Cyclically Adjusted PB Ratio

For the Industrial Distribution subindustry, Uematsu Shokai 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.


Uematsu Shokai Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Uematsu Shokai Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Uematsu Shokai 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1037.00/1325.29
=0.78

* 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.

Uematsu Shokai Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Uematsu Shokai Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1311.782/106.8000*106.8000
=1,311.782

Current CPI (Dec. 2023) = 106.8000.

Uematsu Shokai Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,150.398 95.700 1,283.830
201406 1,161.310 98.000 1,265.591
201409 1,185.724 98.500 1,285.638
201412 1,197.302 97.900 1,306.148
201503 1,219.578 97.900 1,330.449
201506 1,228.709 98.400 1,333.599
201509 1,186.936 98.500 1,286.952
201512 1,202.065 98.100 1,308.670
201603 1,188.261 97.900 1,296.285
201606 1,177.283 98.100 1,281.690
201609 1,187.855 98.000 1,294.520
201612 1,242.761 98.400 1,348.850
201703 1,259.577 98.100 1,371.283
201706 1,246.070 98.500 1,351.069
201709 1,275.818 98.800 1,379.123
201712 1,310.229 99.400 1,407.771
201803 1,297.753 99.200 1,397.178
201806 1,272.491 99.200 1,369.980
201809 1,306.665 99.900 1,396.915
201812 1,247.716 99.700 1,336.570
201903 1,292.478 99.700 1,384.520
201906 1,252.065 99.800 1,339.885
201909 1,272.812 100.100 1,358.005
201912 1,303.129 100.500 1,384.818
202003 1,213.842 100.300 1,292.506
202006 1,221.006 99.900 1,305.340
202009 1,235.695 99.900 1,321.043
202012 1,233.755 99.300 1,326.939
202103 1,255.149 99.900 1,341.841
202106 1,250.558 99.500 1,342.307
202109 1,284.967 100.100 1,370.974
202112 1,254.539 100.100 1,338.509
202203 1,249.079 101.100 1,319.502
202206 1,209.227 101.800 1,268.619
202209 1,231.634 103.100 1,275.834
202212 1,227.788 104.100 1,259.633
202303 1,235.224 104.400 1,263.620
202306 1,257.542 105.200 1,276.668
202309 1,290.023 106.200 1,297.311
202312 1,311.782 106.800 1,311.782

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.


Uematsu Shokai Co  (TSE:9914) 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.


Uematsu Shokai Co Cyclically Adjusted PB Ratio Related Terms

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Uematsu Shokai Co (TSE:9914) Business Description

Traded in Other Exchanges
N/A
Address
3 -7- 5 Wakabayashi Ward, Miyagi ken, Sendai, JPN
Uematsu Shokai Co Ltd sells industrial machinery and machine tools. The company provides machine tools, machine tool accessories, industrial machinery, conductors, and environmental products. Its products include various field machine tools, such as electronic discharge machines, grinders, metalworking machinery, steel working machinery, and CAD/CAM products.

Uematsu Shokai Co (TSE:9914) Headlines

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