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Suzuken Co (TSE:9987) Cyclically Adjusted PB Ratio : 1.04 (As of May. 04, 2024)


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What is Suzuken Co Cyclically Adjusted PB Ratio?

As of today (2024-05-04), Suzuken Co's current share price is 円4821.00. Suzuken Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円4,635.09. Suzuken Co's Cyclically Adjusted PB Ratio for today is 1.04.

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

TSE:9987' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 1.03   Max: 1.92
Current: 1

During the past years, Suzuken Co's highest Cyclically Adjusted PB Ratio was 1.92. The lowest was 0.73. And the median was 1.03.

TSE:9987's Cyclically Adjusted PB Ratio is ranked better than
75% of 64 companies
in the Medical Distribution industry
Industry Median: 1.45 vs TSE:9987: 1.00

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.

Suzuken Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円5,236.476. 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4,635.09 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Suzuken Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Suzuken 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.

Suzuken Co Cyclically Adjusted PB Ratio Chart

Suzuken 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 1.79 1.05 1.11 0.88 0.76

Suzuken 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 0.82 0.76 0.87 1.01 1.01

Competitive Comparison of Suzuken Co's Cyclically Adjusted PB Ratio

For the Medical Distribution subindustry, Suzuken 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.


Suzuken Co's Cyclically Adjusted PB Ratio Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Suzuken Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Suzuken 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4821.00/4635.09
=1.04

* 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.

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

For example, Suzuken 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)
=5236.476/106.8000*106.8000
=5,236.476

Current CPI (Dec. 2023) = 106.8000.

Suzuken Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 3,283.039 95.700 3,663.830
201406 3,296.584 98.000 3,592.604
201409 3,400.298 98.500 3,686.821
201412 3,489.610 97.900 3,806.847
201503 4,075.621 97.900 4,446.132
201506 3,706.349 98.400 4,022.745
201509 3,723.800 98.500 4,037.582
201512 3,915.749 98.100 4,263.017
201603 3,969.060 97.900 4,329.884
201606 3,946.838 98.100 4,296.863
201609 3,973.025 98.000 4,329.786
201612 3,965.510 98.400 4,304.029
201703 4,097.839 98.100 4,461.256
201706 4,141.883 98.500 4,490.894
201709 4,183.112 98.800 4,521.826
201712 4,235.736 99.400 4,551.072
201803 4,284.788 99.200 4,613.058
201806 4,280.247 99.200 4,608.169
201809 4,481.048 99.900 4,790.550
201812 4,350.105 99.700 4,659.892
201903 4,390.965 99.700 4,703.662
201906 4,346.285 99.800 4,651.135
201909 4,456.428 100.100 4,754.710
201912 4,601.657 100.500 4,890.119
202003 4,618.306 100.300 4,917.598
202006 4,625.079 99.900 4,944.529
202009 4,695.525 99.900 5,019.841
202012 4,631.550 99.300 4,981.365
202103 4,675.198 99.900 4,998.110
202106 4,701.959 99.500 5,046.927
202109 4,791.738 100.100 5,112.464
202112 4,762.474 100.100 5,081.241
202203 4,749.573 101.100 5,017.353
202206 4,763.753 101.800 4,997.729
202209 4,875.372 103.100 5,050.337
202212 4,985.036 104.100 5,114.331
202303 4,970.368 104.400 5,084.629
202306 5,049.370 105.200 5,126.167
202309 5,168.744 106.200 5,197.946
202312 5,236.476 106.800 5,236.476

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.


Suzuken Co  (TSE:9987) 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.


Suzuken Co Cyclically Adjusted PB Ratio Related Terms

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


Suzuken Co (TSE:9987) Business Description

Traded in Other Exchanges
N/A
Address
8 Higashi Kataha-machi, Higashi-ku, Nagoya, JPN, 461-8701
Suzuken Co Ltd is a Japanese drug manufacturer. It functions through four segments: Pharmaceutical Wholesale, which sells pharmaceuticals, diagnostic drugs, and medical equipment and materials; The Pharmaceutical Manufacturing, which produces pharmaceuticals and diagnostic drugs; The Insurance Pharmacy dispenses operations based on prescriptions from medical institutions and the Medical-related Service and Others segment which sells medical books, provides nursing services and manufactures physiological examination equipment.

Suzuken Co (TSE:9987) Headlines

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