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Ricoh Co (FRA:RIC1) Cyclically Adjusted PB Ratio : 0.85 (As of May. 15, 2024)


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What is Ricoh Co Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Ricoh Co's current share price is €7.70. Ricoh Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €9.07. Ricoh Co's Cyclically Adjusted PB Ratio for today is 0.85.

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

FRA:RIC1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.79   Max: 1.01
Current: 0.85

During the past years, Ricoh Co's highest Cyclically Adjusted PB Ratio was 1.01. The lowest was 0.47. And the median was 0.79.

FRA:RIC1's Cyclically Adjusted PB Ratio is ranked better than
77.78% of 2048 companies
in the Industrial Products industry
Industry Median: 1.85 vs FRA:RIC1: 0.85

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.

Ricoh Co's adjusted book value per share data for the three months ended in Mar. 2024 was €10.575. 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 €9.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ricoh Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ricoh 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.

Ricoh Co Cyclically Adjusted PB Ratio Chart

Ricoh Co 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 0.58 0.83 0.77 0.68 0.90

Ricoh Co 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 0.68 0.83 0.87 0.72 0.90

Competitive Comparison of Ricoh Co's Cyclically Adjusted PB Ratio

For the Business Equipment & Supplies subindustry, Ricoh 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.


Ricoh Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ricoh Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ricoh 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.70/9.07
=0.85

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=10.575/107.2000*107.2000
=10.575

Current CPI (Mar. 2024) = 107.2000.

Ricoh Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.175 98.000 11.130
201409 10.607 98.500 11.544
201412 10.401 97.900 11.389
201503 11.478 97.900 12.568
201506 11.038 98.400 12.025
201509 11.327 98.500 12.327
201512 11.551 98.100 12.622
201603 11.823 97.900 12.946
201606 11.645 98.100 12.725
201609 11.935 98.000 13.055
201612 11.911 98.400 12.976
201703 11.904 98.100 13.008
201706 11.717 98.500 12.752
201709 11.214 98.800 12.167
201712 11.257 99.400 12.140
201803 9.596 99.200 10.370
201806 9.828 99.200 10.621
201809 10.153 99.900 10.895
201812 10.203 99.700 10.971
201903 10.244 99.700 11.015
201906 10.408 99.800 11.180
201909 10.762 100.100 11.525
201912 10.739 100.500 11.455
202003 10.679 100.300 11.414
202006 10.215 99.900 10.961
202009 9.944 99.900 10.671
202012 9.816 99.300 10.597
202103 9.901 99.900 10.624
202106 9.716 99.500 10.468
202109 10.047 100.100 10.760
202112 10.377 100.100 11.113
202203 10.844 101.100 11.498
202206 10.523 101.800 11.081
202209 10.602 103.100 11.024
202212 10.164 104.100 10.467
202303 10.687 104.400 10.974
202306 10.563 105.200 10.764
202309 10.450 106.200 10.548
202312 10.330 106.800 10.369
202403 10.575 107.200 10.575

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.


Ricoh Co  (FRA:RIC1) 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.


Ricoh Co Cyclically Adjusted PB Ratio Related Terms

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


Ricoh Co (FRA:RIC1) Business Description

Traded in Other Exchanges
Address
3-6, Nakamagome 1-chome, Ohta-ku, Tokyo, JPN, 143-8555
Ricoh Co Ltd provides products, services, and solutions in offices and other environments. The company's Imaging and Solutions segment is engaged in office imaging, production printing, and network system solutions. Industrial Products segment manufactures and sales of thermal media, optical equipment, semiconductors, electronic component and the Inkjet head. Its Other segment is engaged in manufacturing and sales of digital cameras, financing business and logistics services provided by the company's subsidiaries. The company's revenue is majorly derived from Japan.

Ricoh Co (FRA:RIC1) Headlines

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