GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Brother Industries Ltd (TSE:6448) » Definitions » Cyclically Adjusted PB Ratio

Brother Industries (TSE:6448) Cyclically Adjusted PB Ratio : 1.55 (As of Apr. 27, 2024)


View and export this data going back to 1963. Start your Free Trial

What is Brother Industries Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Brother Industries's current share price is 円2796.00. Brother Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,805.21. Brother Industries's Cyclically Adjusted PB Ratio for today is 1.55.

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

TSE:6448' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.17   Med: 1.6   Max: 2.91
Current: 1.55

During the past years, Brother Industries's highest Cyclically Adjusted PB Ratio was 2.91. The lowest was 1.17. And the median was 1.60.

TSE:6448's Cyclically Adjusted PB Ratio is ranked better than
54.86% of 1996 companies
in the Industrial Products industry
Industry Median: 1.72 vs TSE:6448: 1.55

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.

Brother Industries's adjusted book value per share data for the three months ended in Dec. 2023 was 円2,558.748. 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 円1,805.21 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brother Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Brother Industries'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.

Brother Industries Cyclically Adjusted PB Ratio Chart

Brother Industries 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 1.74 1.32 1.82 1.51 1.20

Brother Industries 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 1.23 1.20 1.23 1.37 1.25

Competitive Comparison of Brother Industries's Cyclically Adjusted PB Ratio

For the Business Equipment & Supplies subindustry, Brother Industries'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.


Brother Industries's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Brother Industries 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.

Brother Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2796.00/1805.21
=1.55

* 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.

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

For example, Brother Industries'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)
=2558.748/106.8000*106.8000
=2,558.748

Current CPI (Dec. 2023) = 106.8000.

Brother Industries Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,099.002 95.700 1,226.472
201406 1,182.915 98.000 1,289.136
201409 1,239.630 98.500 1,344.086
201412 1,337.159 97.900 1,458.719
201503 1,345.977 97.900 1,468.339
201506 1,396.248 98.400 1,515.440
201509 1,343.157 98.500 1,456.337
201512 1,350.838 98.100 1,470.637
201603 1,284.264 97.900 1,401.015
201606 1,135.067 98.100 1,235.730
201609 1,145.697 98.000 1,248.576
201612 1,330.945 98.400 1,444.562
201703 1,328.967 98.100 1,446.826
201706 1,471.500 98.500 1,595.494
201709 1,571.913 98.800 1,699.193
201712 1,628.492 99.400 1,749.728
201803 1,523.088 99.200 1,639.776
201806 1,539.528 99.200 1,657.476
201809 1,619.912 99.900 1,731.798
201812 1,586.836 99.700 1,699.840
201903 1,635.217 99.700 1,751.667
201906 1,592.003 99.800 1,703.667
201909 1,614.551 100.100 1,722.618
201912 1,709.944 100.500 1,817.135
202003 1,649.219 100.300 1,756.098
202006 1,653.580 99.900 1,767.791
202009 1,744.366 99.900 1,864.848
202012 1,833.192 99.300 1,971.651
202103 1,858.278 99.900 1,986.628
202106 1,905.872 99.500 2,045.700
202109 1,969.497 100.100 2,101.321
202112 2,047.845 100.100 2,184.914
202203 2,170.467 101.100 2,292.838
202206 2,321.426 101.800 2,435.445
202209 2,432.091 103.100 2,519.373
202212 2,345.785 104.100 2,406.627
202303 2,334.336 104.400 2,387.999
202306 2,512.990 105.200 2,551.210
202309 2,588.182 106.200 2,602.804
202312 2,558.748 106.800 2,558.748

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.


Brother Industries  (TSE:6448) 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.


Brother Industries Cyclically Adjusted PB Ratio Related Terms

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


Brother Industries (TSE:6448) Business Description

Traded in Other Exchanges
Address
15-1, Naeshiro-cho, Mizuho-ku, Nagoya, JPN, 467-8561
Brother Industries Ltd is engaged in the manufacture and sale of office equipment and supplies. The company offers products such as printing equipment, home sewing machines, industrial sewing machines, machine tools, and online karaoke/content-delivery systems. The group consists of five segments, Printing and Solutions; Personal and Home; Machinery and Solution; Network and Contents; and Industrial Part.

Brother Industries (TSE:6448) Headlines

No Headlines