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Tokyu Fudosan Holdings (Tokyu Fudosan Holdings) Cyclically Adjusted PB Ratio : 1.20 (As of Jun. 18, 2024)


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What is Tokyu Fudosan Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-18), Tokyu Fudosan Holdings's current share price is $7.065. Tokyu Fudosan Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $5.90. Tokyu Fudosan Holdings's Cyclically Adjusted PB Ratio for today is 1.20.

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

TTUUF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 0.96   Max: 1.49
Current: 1.31

During the past years, Tokyu Fudosan Holdings's highest Cyclically Adjusted PB Ratio was 1.49. The lowest was 0.63. And the median was 0.96.

TTUUF's Cyclically Adjusted PB Ratio is ranked worse than
72.82% of 1413 companies
in the Real Estate industry
Industry Median: 0.7 vs TTUUF: 1.31

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.

Tokyu Fudosan Holdings's adjusted book value per share data for the three months ended in Dec. 2023 was $7.186. 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 $5.90 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tokyu Fudosan Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tokyu Fudosan Holdings'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.

Tokyu Fudosan Holdings Cyclically Adjusted PB Ratio Chart

Tokyu Fudosan Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.97 0.94 0.81 -

Tokyu Fudosan Holdings 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 0.81 1.03 1.12 1.08 -

Competitive Comparison of Tokyu Fudosan Holdings's Cyclically Adjusted PB Ratio

For the Real Estate - Diversified subindustry, Tokyu Fudosan Holdings'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.


Tokyu Fudosan Holdings's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tokyu Fudosan Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Tokyu Fudosan Holdings 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.

Tokyu Fudosan Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.065/5.9
=1.20

* 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.

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

For example, Tokyu Fudosan Holdings'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)
=7.186/106.8000*106.8000
=7.186

Current CPI (Dec. 2023) = 106.8000.

Tokyu Fudosan Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 5.850 95.700 6.529
201406 5.928 98.000 6.460
201409 5.731 98.500 6.214
201412 5.247 97.900 5.724
201503 5.394 97.900 5.884
201506 5.276 98.400 5.726
201509 5.565 98.500 6.034
201512 5.546 98.100 6.038
201603 6.091 97.900 6.645
201606 6.466 98.100 7.039
201609 6.794 98.000 7.404
201612 6.071 98.400 6.589
201703 6.435 98.100 7.006
201706 6.566 98.500 7.119
201709 6.706 98.800 7.249
201712 6.707 99.400 7.206
201803 7.250 99.200 7.805
201806 6.971 99.200 7.505
201809 7.031 99.900 7.517
201812 6.777 99.700 7.260
201903 7.025 99.700 7.525
201906 7.213 99.800 7.719
201909 7.437 100.100 7.935
201912 7.338 100.500 7.798
202003 7.533 100.300 8.021
202006 7.278 99.900 7.781
202009 7.629 99.900 8.156
202012 7.798 99.300 8.387
202103 7.631 99.900 8.158
202106 7.595 99.500 8.152
202109 7.724 100.100 8.241
202112 7.568 100.100 8.075
202203 7.407 101.100 7.825
202206 6.749 101.800 7.080
202209 6.640 103.100 6.878
202212 7.121 104.100 7.306
202303 7.218 104.400 7.384
202306 7.016 105.200 7.123
202309 7.010 106.200 7.050
202312 7.186 106.800 7.186

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.


Tokyu Fudosan Holdings  (OTCPK:TTUUF) 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.


Tokyu Fudosan Holdings Cyclically Adjusted PB Ratio Related Terms

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Tokyu Fudosan Holdings (Tokyu Fudosan Holdings) Business Description

Traded in Other Exchanges
Address
Shin-nanpeidai Tokyu Building, Dogenzaka 1-21-2, Shibuya-ku, Tokyo, JPN
Tokyu Fudosan Holdings Corp engages in the management and administration of a host of businesses. The business that compose Tokyu Fudosan Holdings operate in the following business segments: urban development, residential, wellness, innovation, property management, real estate agency, and tokyu hands. Altogether, the group develops, leases, and operates office buildings, commercial facilities, rental residences, and other properties. Tokyu's host of businesses also engage in management and operation of resort facilities, sports clubs, and senior housing. Businesses like the innovation segment serve as a complement and include overseas operations, custom homes, renovation, and landscaping.

Tokyu Fudosan Holdings (Tokyu Fudosan Holdings) Headlines

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