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ITOCHU (WBO:IOC) Cyclically Adjusted PB Ratio : 2.97 (As of May. 22, 2025)


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What is ITOCHU Cyclically Adjusted PB Ratio?

As of today (2025-05-22), ITOCHU's current share price is €46.97. ITOCHU's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €15.81. ITOCHU's Cyclically Adjusted PB Ratio for today is 2.97.

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

WBO:IOC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.13   Med: 1.83   Max: 3.45
Current: 2.96

During the past years, ITOCHU's highest Cyclically Adjusted PB Ratio was 3.45. The lowest was 1.13. And the median was 1.83.

WBO:IOC's Cyclically Adjusted PB Ratio is ranked worse than
82.66% of 444 companies
in the Conglomerates industry
Industry Median: 0.94 vs WBO:IOC: 2.96

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.

ITOCHU's adjusted book value per share data for the three months ended in Mar. 2025 was €25.190. 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 €15.81 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


ITOCHU Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ITOCHU'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.

ITOCHU Cyclically Adjusted PB Ratio Chart

ITOCHU Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.35 2.40 2.15 2.84 2.69

ITOCHU Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.84 - 3.20 3.13 2.69

Competitive Comparison of ITOCHU's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, ITOCHU'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.


ITOCHU's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

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

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


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ITOCHU 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=46.97/15.81
=2.97

* 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.

ITOCHU's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, ITOCHU's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=25.19/111.1000*111.1000
=25.190

Current CPI (Mar. 2025) = 111.1000.

ITOCHU Quarterly Data

Book Value per Share CPI Adj_Book
201506 11.569 98.400 13.062
201509 11.765 98.500 13.270
201512 12.010 98.100 13.602
201603 11.042 97.900 12.531
201606 11.154 98.100 12.632
201609 11.964 98.000 13.563
201612 12.264 98.400 13.847
201703 12.690 98.100 14.372
201706 12.503 98.500 14.102
201709 12.580 98.800 14.146
201712 13.085 99.400 14.625
201803 13.170 99.200 14.750
201806 13.654 99.200 15.292
201809 14.215 99.900 15.809
201812 14.621 99.700 16.293
201903 15.372 99.700 17.130
201906 15.718 99.800 17.498
201909 16.768 100.100 18.611
201912 16.979 100.500 18.770
202003 16.898 100.300 18.718
202006 17.098 99.900 19.015
202009 17.136 99.900 19.057
202012 16.278 99.300 18.212
202103 17.229 99.900 19.161
202106 17.924 99.500 20.014
202109 19.518 100.100 21.663
202112 20.576 100.100 22.837
202203 21.881 101.100 24.045
202206 21.795 101.800 23.786
202209 23.345 103.100 25.156
202212 22.599 104.100 24.119
202303 23.160 104.400 24.646
202306 22.927 105.200 24.213
202309 22.742 106.200 23.791
202312 22.527 106.800 23.434
202403 23.162 107.200 24.005
202406 0.000 108.200 0.000
202409 24.626 108.900 25.123
202412 25.364 110.700 25.456
202503 25.190 111.100 25.190

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.


ITOCHU  (WBO:IOC) 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.


ITOCHU Cyclically Adjusted PB Ratio Related Terms

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


ITOCHU Business Description

Industry
Traded in Other Exchanges
Address
5-1, Kita Aoyama 2-chome, Minato-ku, Tokyo, JPN, 107-8077
ITOCHU Corp is a group of businesses that engage in importing, exporting, and trading various products. The traded goods include textiles, machinery, metals, minerals, energy, chemicals, food, general products, realty, and information and communications technology. The largest segments by net profit to the group are Food; Energy and Chemicals. The Food segment pursues efficiency-oriented operations from production and distribution to retail in all areas of food from raw materials to finished products both in Japan and overseas. The energy and chemicals segment trades crude oil and oil derivatives and chemicals.

ITOCHU Headlines

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