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Sugimoto (TSE:9932) Cyclically Adjusted PB Ratio : 0.79 (As of Jun. 10, 2024)


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What is Sugimoto Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Sugimoto's current share price is 円2356.00. Sugimoto's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円2,989.11. Sugimoto's Cyclically Adjusted PB Ratio for today is 0.79.

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

TSE:9932' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.79   Max: 1.22
Current: 0.79

During the past years, Sugimoto's highest Cyclically Adjusted PB Ratio was 1.22. The lowest was 0.59. And the median was 0.79.

TSE:9932's Cyclically Adjusted PB Ratio is ranked better than
67.2% of 125 companies
in the Industrial Distribution industry
Industry Median: 1.31 vs TSE:9932: 0.79

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.

Sugimoto's adjusted book value per share data for the three months ended in Dec. 2023 was 円3,492.228. 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2,989.11 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sugimoto Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sugimoto'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.

Sugimoto Cyclically Adjusted PB Ratio Chart

Sugimoto 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 0.75 0.72 0.93 0.78 0.73

Sugimoto 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 0.70 0.73 0.75 0.75 0.75

Competitive Comparison of Sugimoto's Cyclically Adjusted PB Ratio

For the Industrial Distribution subindustry, Sugimoto'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.


Sugimoto's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

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

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



Sugimoto 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2356.00/2989.11
=0.79

* 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.

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

For example, Sugimoto'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)
=3492.228/106.8000*106.8000
=3,492.228

Current CPI (Dec. 2023) = 106.8000.

Sugimoto Quarterly Data

Book Value per Share CPI Adj_Book
201403 2,236.690 95.700 2,496.118
201406 2,262.029 98.000 2,465.150
201409 2,285.307 98.500 2,477.876
201412 2,311.755 97.900 2,521.915
201503 2,348.561 97.900 2,562.067
201506 2,362.540 98.400 2,564.220
201509 2,378.014 98.500 2,578.395
201512 2,427.091 98.100 2,642.338
201603 2,414.909 97.900 2,634.446
201606 2,400.647 98.100 2,613.548
201609 2,444.377 98.000 2,663.872
201612 2,476.305 98.400 2,687.697
201703 2,556.214 98.100 2,782.912
201706 2,568.601 98.500 2,785.041
201709 2,617.810 98.800 2,829.778
201712 2,666.044 99.400 2,864.522
201803 2,695.528 99.200 2,902.040
201806 2,701.995 99.200 2,909.003
201809 2,753.082 99.900 2,943.235
201812 2,766.539 99.700 2,963.554
201903 2,814.917 99.700 3,015.377
201906 2,825.585 99.800 3,023.772
201909 2,880.938 100.100 3,073.768
201912 2,934.260 100.500 3,118.199
202003 2,945.209 100.300 3,136.075
202006 2,950.079 99.900 3,153.838
202009 2,994.248 99.900 3,201.058
202012 3,049.017 99.300 3,279.305
202103 3,113.498 99.900 3,328.544
202106 3,095.012 99.500 3,322.083
202109 3,145.089 100.100 3,355.599
202112 3,186.558 100.100 3,399.844
202203 3,201.697 101.100 3,382.208
202206 3,183.169 101.800 3,339.513
202209 3,234.455 103.100 3,350.531
202212 3,284.284 104.100 3,369.467
202303 3,357.834 104.400 3,435.026
202306 3,391.770 105.200 3,443.356
202309 3,437.329 106.200 3,456.749
202312 3,492.228 106.800 3,492.228

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.


Sugimoto  (TSE:9932) 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.


Sugimoto Cyclically Adjusted PB Ratio Related Terms

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


Sugimoto (TSE:9932) Business Description

Traded in Other Exchanges
N/A
Address
5-7-27, Itachibori, Osaka, JPN, 550-8502
Sugimoto & Co Ltd is a Japan-based company mainly engaged in the sale of machinery and equipment. Products offered by the company include machines, measuring machines, and test machines, cutting tools and working equipment, drying tools and oil-steaming machines, power tools, guiding machines, and working tools, pipe-working equipment and OA machines. Sugimoto distributes machines in Japan and overseas markets.

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