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ZUKEN (ZUKNF) Cyclically Adjusted PB Ratio : (As of May. 17, 2024)


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What is ZUKEN Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


ZUKEN Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ZUKEN'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.

ZUKEN Cyclically Adjusted PB Ratio Chart

ZUKEN 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 1.22 1.83 2.18 2.22 2.38

ZUKEN 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 2.13 2.38 2.65 2.42 2.67

Competitive Comparison of ZUKEN's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, ZUKEN'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.


ZUKEN's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, ZUKEN's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



ZUKEN 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.

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

For example, ZUKEN'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)
=11.486/106.8000*106.8000
=11.486

Current CPI (Dec. 2023) = 106.8000.

ZUKEN Quarterly Data

Book Value per Share CPI Adj_Book
201403 11.471 95.700 12.801
201406 11.367 98.000 12.388
201409 10.923 98.500 11.843
201412 9.852 97.900 10.748
201503 9.981 97.900 10.888
201506 9.620 98.400 10.441
201509 9.945 98.500 10.783
201512 9.599 98.100 10.450
201603 10.672 97.900 11.642
201606 11.196 98.100 12.189
201609 11.690 98.000 12.740
201612 10.302 98.400 11.181
201703 10.705 98.100 11.654
201706 10.914 98.500 11.834
201709 11.074 98.800 11.971
201712 10.988 99.400 11.806
201803 12.216 99.200 13.152
201806 11.875 99.200 12.785
201809 12.275 99.900 13.123
201812 12.024 99.700 12.880
201903 12.618 99.700 13.517
201906 12.806 99.800 13.704
201909 13.626 100.100 14.538
201912 13.680 100.500 14.538
202003 13.816 100.300 14.711
202006 14.038 99.900 15.008
202009 14.799 99.900 15.821
202012 15.148 99.300 16.292
202103 15.237 99.900 16.289
202106 15.382 99.500 16.511
202109 16.132 100.100 17.212
202112 14.192 100.100 15.142
202203 13.871 101.100 14.653
202206 12.353 101.800 12.960
202209 11.744 103.100 12.165
202212 12.540 104.100 12.865
202303 13.156 104.400 13.458
202306 12.499 105.200 12.689
202309 11.291 106.200 11.355
202312 11.486 106.800 11.486

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.


ZUKEN  (GREY:ZUKNF) 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.


ZUKEN Cyclically Adjusted PB Ratio Related Terms

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


ZUKEN (ZUKNF) Business Description

Industry
Traded in Other Exchanges
Address
2-25-1 Eda-Higashi, Tsuzuki-ku, Yokohama, Kanagawa, JPN, 224-8585
ZUKEN, Inc. is a Japanese based company specializing in software and consulting services for electrical and electronic engineering. It is engaged in research and development of a variety of software solutions that support the optimization of product design and engineering operations for manufacturing industries, and marketing of the software solutions with consulting services. It has market presence in Japan, Europe, Asia, and North America. It offers various products including electronic design, automotive design, electrical and control cable design, design data management and product lifecycle management.

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