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Mitsui (Mitsui) Cyclically Adjusted PB Ratio : 2.59 (As of May. 15, 2024)


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What is Mitsui Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Mitsui's current share price is $1003.17. Mitsui's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $386.92. Mitsui's Cyclically Adjusted PB Ratio for today is 2.59.

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

MITSY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.1   Max: 2.68
Current: 2.65

During the past years, Mitsui's highest Cyclically Adjusted PB Ratio was 2.68. The lowest was 0.71. And the median was 1.10.

MITSY's Cyclically Adjusted PB Ratio is ranked worse than
80.66% of 424 companies
in the Conglomerates industry
Industry Median: 0.96 vs MITSY: 2.65

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.

Mitsui's adjusted book value per share data for the three months ended in Mar. 2024 was $672.386. 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 $386.92 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsui Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mitsui'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.

Mitsui Cyclically Adjusted PB Ratio Chart

Mitsui 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 0.75 1.09 1.44 1.58 2.42

Mitsui 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 1.58 2.01 1.95 1.85 2.42

Competitive Comparison of Mitsui's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Mitsui'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.


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

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

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



Mitsui 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1003.17/386.92
=2.59

* 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.

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

For example, Mitsui'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)
=672.386/107.2000*107.2000
=672.386

Current CPI (Mar. 2024) = 107.2000.

Mitsui Quarterly Data

Book Value per Share CPI Adj_Book
201406 431.801 98.000 472.337
201409 433.000 98.500 471.245
201412 393.913 97.900 431.333
201503 379.946 97.900 416.039
201506 381.683 98.400 415.817
201509 362.784 98.500 394.827
201512 352.833 98.100 385.563
201603 333.913 97.900 365.633
201606 332.299 98.100 363.124
201609 349.998 98.000 382.855
201612 350.405 98.400 381.742
201703 368.631 98.100 402.826
201706 381.711 98.500 415.426
201709 399.266 98.800 433.212
201712 413.973 99.400 446.458
201803 431.338 99.200 466.123
201806 437.776 99.200 473.081
201809 453.544 99.900 486.686
201812 441.955 99.700 475.201
201903 441.374 99.700 474.577
201906 450.824 99.800 484.252
201909 450.544 100.100 482.501
201912 460.340 100.500 491.029
202003 415.322 100.300 443.894
202006 427.634 99.900 458.883
202009 442.727 99.900 475.078
202012 473.475 99.300 511.143
202103 502.828 99.900 539.571
202106 532.254 99.500 573.444
202109 528.170 100.100 565.633
202112 540.549 100.100 578.890
202203 589.107 101.100 624.652
202206 542.283 101.800 571.049
202209 536.300 103.100 557.627
202212 586.587 104.100 604.055
202303 623.518 104.400 640.241
202306 635.100 105.200 647.174
202309 632.020 106.200 637.971
202312 657.572 106.800 660.035
202403 672.386 107.200 672.386

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.


Mitsui  (OTCPK:MITSY) 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.


Mitsui Cyclically Adjusted PB Ratio Related Terms

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


Mitsui (Mitsui) Business Description

Traded in Other Exchanges
Address
1-3, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8631
Mitsui & Co Ltd is a general trading company with a wide range of business activities in the areas of iron and steel, mineral and metal resources, machinery and infrastructure, chemicals, energy, lifestyle, innovation, and corporate development. The firm also participates in the development of natural resources, and it has minority interests in several upstream resource projects, which include iron ore and coal projects in Australia; copper mining projects in Chile; and oil and gas projects in Asia, the Middle East, and the United States.

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