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Yamato Holdings Co (TSE:9064) Cyclically Adjusted PB Ratio : 1.33 (As of Apr. 29, 2024)


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What is Yamato Holdings Co Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Yamato Holdings Co's current share price is 円2068.00. Yamato Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,560.74. Yamato Holdings Co's Cyclically Adjusted PB Ratio for today is 1.33.

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

TSE:9064' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.83   Max: 2.68
Current: 1.33

During the past years, Yamato Holdings Co's highest Cyclically Adjusted PB Ratio was 2.68. The lowest was 0.97. And the median was 1.83.

TSE:9064's Cyclically Adjusted PB Ratio is ranked worse than
53.47% of 692 companies
in the Transportation industry
Industry Median: 1.22 vs TSE:9064: 1.33

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.

Yamato Holdings Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円1,734.786. 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1,560.74 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yamato Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Yamato Holdings 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.

Yamato Holdings Co Cyclically Adjusted PB Ratio Chart

Yamato Holdings Co 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 2.15 1.25 2.20 1.60 1.50

Yamato Holdings Co 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 1.39 1.50 1.71 1.58 1.67

Competitive Comparison of Yamato Holdings Co's Cyclically Adjusted PB Ratio

For the Trucking subindustry, Yamato Holdings 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.


Yamato Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Yamato Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Yamato Holdings 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2068.00/1560.74
=1.33

* 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.

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

For example, Yamato Holdings Co'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)
=1734.786/106.8000*106.8000
=1,734.786

Current CPI (Dec. 2023) = 106.8000.

Yamato Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,316.117 95.700 1,468.770
201406 1,300.549 98.000 1,417.333
201409 1,331.291 98.500 1,443.471
201412 1,378.070 97.900 1,503.349
201503 1,368.649 97.900 1,493.072
201506 1,361.389 98.400 1,477.605
201509 1,367.679 98.500 1,482.925
201512 1,427.685 98.100 1,554.299
201603 1,349.553 97.900 1,472.240
201606 1,342.450 98.100 1,461.505
201609 1,356.371 98.000 1,478.168
201612 1,410.010 98.400 1,530.377
201703 1,367.507 98.100 1,488.784
201706 1,334.957 98.500 1,447.446
201709 1,329.024 98.800 1,436.637
201712 1,400.357 99.400 1,504.609
201803 1,395.738 99.200 1,502.670
201806 1,387.444 99.200 1,493.740
201809 1,409.870 99.900 1,507.248
201812 1,471.936 99.700 1,576.758
201903 1,435.140 99.700 1,537.342
201906 1,392.515 99.800 1,490.186
201909 1,408.109 100.100 1,502.358
201912 1,485.217 100.500 1,578.320
202003 1,441.194 100.300 1,534.591
202006 1,410.459 99.900 1,507.878
202009 1,416.326 99.900 1,514.150
202012 1,620.688 99.300 1,743.096
202103 1,553.438 99.900 1,660.733
202106 1,560.791 99.500 1,675.301
202109 1,568.877 100.100 1,673.887
202112 1,622.892 100.100 1,731.517
202203 1,611.334 101.100 1,702.181
202206 1,579.892 101.800 1,657.490
202209 1,610.431 103.100 1,668.225
202212 1,668.792 104.100 1,712.075
202303 1,684.859 104.400 1,723.591
202306 1,658.166 105.200 1,683.385
202309 1,648.035 106.200 1,657.346
202312 1,734.786 106.800 1,734.786

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.


Yamato Holdings Co  (TSE:9064) 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.


Yamato Holdings Co Cyclically Adjusted PB Ratio Related Terms

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


Yamato Holdings Co (TSE:9064) Business Description

Traded in Other Exchanges
Address
16-10, Ginza 2-chome, Chuo-ku, Tokyo, JPN, 104-8125
Yamato Holdings Co Ltd is a Japan-based company which provides parcel delivery services for private and business customers. It is primarily involved in six business segments, namely Delivery, BIZ-Logistics, Home Convenience, e-Business, Financial, and Autoworks, as well as services incidental to these activities. The company generates the majority of its revenue from the delivery and BIZ-Logistics business segments. The Delivery Business provides small parcel delivery services for the general public and corporations. The BIZ-Logistics business is involved in providing intercompany logistics services, aimed at the B2B supply-chain management market.

Yamato Holdings Co (TSE:9064) Headlines

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