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Atom (TSE:7412) Cyclically Adjusted PB Ratio : 11.89 (As of Apr. 27, 2024)


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What is Atom Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Atom's current share price is 円898.00. Atom's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円75.53. Atom's Cyclically Adjusted PB Ratio for today is 11.89.

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

TSE:7412' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 9.18   Med: 11.01   Max: 14.29
Current: 11.74

During the past years, Atom's highest Cyclically Adjusted PB Ratio was 14.29. The lowest was 9.18. And the median was 11.01.

TSE:7412's Cyclically Adjusted PB Ratio is ranked worse than
97.32% of 224 companies
in the Restaurants industry
Industry Median: 2.105 vs TSE:7412: 11.74

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.

Atom's adjusted book value per share data for the three months ended in Dec. 2023 was 円36.514. 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75.53 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atom Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Atom'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.

Atom Cyclically Adjusted PB Ratio Chart

Atom 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 12.64 10.77 9.82 9.70 10.37

Atom 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 9.95 10.37 11.10 11.67 12.14

Competitive Comparison of Atom's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, Atom'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.


Atom's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Atom's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Atom 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=898.00/75.53
=11.89

* 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.

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

For example, Atom'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)
=36.514/106.8000*106.8000
=36.514

Current CPI (Dec. 2023) = 106.8000.

Atom Quarterly Data

Book Value per Share CPI Adj_Book
201403 79.626 95.700 88.862
201406 78.668 98.000 85.732
201409 81.837 98.500 88.733
201412 83.447 97.900 91.033
201503 84.876 97.900 92.592
201506 79.522 98.400 86.310
201509 84.432 98.500 91.547
201512 86.469 98.100 94.138
201603 84.319 97.900 91.984
201606 83.321 98.100 90.710
201609 86.666 98.000 94.448
201612 86.661 98.400 94.059
201703 86.122 98.100 93.760
201706 81.461 98.500 88.325
201709 85.454 98.800 92.373
201712 85.073 99.400 91.406
201803 88.050 99.200 94.796
201806 83.927 99.200 90.357
201809 87.149 99.900 93.168
201812 85.068 99.700 91.126
201903 83.575 99.700 89.527
201906 77.898 99.800 83.362
201909 78.333 100.100 83.576
201912 75.877 100.500 80.633
202003 69.293 100.300 73.784
202006 60.917 99.900 65.124
202009 61.639 99.900 65.896
202012 60.118 99.300 64.659
202103 54.462 99.900 58.224
202106 48.455 99.500 52.010
202109 52.225 100.100 55.721
202112 50.469 100.100 53.847
202203 53.781 101.100 56.813
202206 50.410 101.800 52.886
202209 50.726 103.100 52.546
202212 46.293 104.100 47.494
202303 42.552 104.400 43.530
202306 39.206 105.200 39.802
202309 39.636 106.200 39.860
202312 36.514 106.800 36.514

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.


Atom  (TSE:7412) 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.


Atom Cyclically Adjusted PB Ratio Related Terms

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


Atom (TSE:7412) Business Description

Industry
Traded in Other Exchanges
Address
2-2-2, Nishiki, Naka-ku, 15 Floor, Nagoya Marubeni Building, Aichi-ken, Nagoya, JPN, 460-0003
Atom Corp operates and manages of a chain of restaurants in Tohoku, North Kanto, Tokai, and Hokuriku areas. It offers sushi, grilled meat, steak, Japanese food, western food, pork cutlet, shabushabu ramen and among others. The company has four operating segments namely restaurant segment, Izakaya segment, entertainment segment and others segment which includes the provision of operation guidance to franchised stores, and others.

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