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Ministop Co (TSE:9946) Cyclically Adjusted PB Ratio : 0.94 (As of Jan. 19, 2025)


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What is Ministop Co Cyclically Adjusted PB Ratio?

As of today (2025-01-19), Ministop Co's current share price is 円1644.00. Ministop Co's Cyclically Adjusted Book per Share for the quarter that ended in Aug. 2024 was 円1,757.59. Ministop Co's Cyclically Adjusted PB Ratio for today is 0.94.

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

TSE:9946' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.79   Max: 1.14
Current: 0.94

During the past years, Ministop Co's highest Cyclically Adjusted PB Ratio was 1.14. The lowest was 0.58. And the median was 0.79.

TSE:9946's Cyclically Adjusted PB Ratio is ranked better than
67.98% of 228 companies
in the Retail - Defensive industry
Industry Median: 1.675 vs TSE:9946: 0.94

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.

Ministop Co's adjusted book value per share data for the three months ended in Aug. 2024 was 円1,335.022. 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1,757.59 for the trailing ten years ended in Aug. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ministop Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ministop 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.

Ministop Co Cyclically Adjusted PB Ratio Chart

Ministop Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.72 0.79 0.77 0.89

Ministop Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 0.80 0.84 0.89 0.89 0.93

Competitive Comparison of Ministop Co's Cyclically Adjusted PB Ratio

For the Grocery Stores subindustry, Ministop 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.


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

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

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



Ministop 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1644.00/1757.59
=0.94

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Aug. 2024 (Change)*Current CPI (Aug. 2024)
=1335.022/109.1000*109.1000
=1,335.022

Current CPI (Aug. 2024) = 109.1000.

Ministop Co Quarterly Data

Book Value per Share CPI Adj_Book
201411 2,094.022 97.900 2,333.583
201502 2,098.460 97.600 2,345.717
201505 2,115.420 98.700 2,338.321
201508 2,144.851 98.400 2,378.082
201511 2,109.894 98.100 2,346.477
201602 2,032.846 97.800 2,267.725
201605 1,999.910 98.200 2,221.896
201608 1,992.695 97.900 2,220.664
201611 1,990.002 98.600 2,201.919
201702 1,971.512 98.100 2,192.579
201705 1,946.910 98.600 2,154.238
201708 1,980.518 98.500 2,193.650
201711 1,975.860 99.100 2,175.240
201802 1,913.892 99.500 2,098.549
201805 1,875.884 99.300 2,061.017
201808 1,901.407 99.800 2,078.592
201811 1,862.191 100.000 2,031.650
201902 1,765.582 99.700 1,932.046
201905 1,632.848 100.000 1,781.437
201908 1,520.805 100.000 1,659.198
201911 1,528.357 100.500 1,659.142
202002 1,350.187 100.300 1,468.648
202005 1,255.153 100.100 1,368.004
202008 1,248.707 100.100 1,360.978
202011 1,230.714 99.500 1,349.456
202102 1,112.727 99.800 1,216.418
202105 1,051.886 99.400 1,154.535
202108 1,000.593 99.700 1,094.932
202111 962.744 100.100 1,049.304
202202 980.427 100.700 1,062.210
202205 1,458.645 101.800 1,563.243
202208 1,485.429 102.700 1,577.997
202211 1,460.575 103.900 1,533.674
202302 1,399.837 104.000 1,468.483
202305 1,379.499 105.100 1,432.001
202308 1,411.144 105.900 1,453.785
202311 1,389.186 106.900 1,417.775
202402 1,366.383 106.900 1,394.503
202405 1,318.781 108.100 1,330.981
202408 1,335.022 109.100 1,335.022

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.


Ministop Co  (TSE:9946) 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.


Ministop Co Cyclically Adjusted PB Ratio Related Terms

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


Ministop Co Business Description

Traded in Other Exchanges
N/A
Address
AEON Tower, 1-5-1 Nakase, Mihama-ku, Chiba-shi, Chiba, JPN, 261-8515
Ministop Co Ltd is a Japan-based company that is principally engaged in operating a convenience store chain. The company offers fresh products, like rice balls, lunch boxes, hot snacks, sandwiches, soft-serve ice cream, as well as beverages, sweets, miscellaneous products, and other items. The company provides seating areas for customers to eat foods and have a rest. Consumers can use Wi-Fi in the stores of the company, and can make tax-free purchases in some stores. The company also provides additional services, like bill payment, photocopying, ATM access, and other services.

Ministop Co Headlines

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