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Mitsui O.S.K. Lines (FRA:MIL) Cyclically Adjusted PB Ratio : 1.92 (As of Jun. 08, 2024)


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What is Mitsui O.S.K. Lines Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Mitsui O.S.K. Lines's current share price is €14.20. Mitsui O.S.K. Lines's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €7.40. Mitsui O.S.K. Lines's Cyclically Adjusted PB Ratio for today is 1.92.

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

FRA:MIL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.66   Max: 2.19
Current: 2.05

During the past years, Mitsui O.S.K. Lines's highest Cyclically Adjusted PB Ratio was 2.19. The lowest was 0.29. And the median was 0.66.

FRA:MIL's Cyclically Adjusted PB Ratio is ranked worse than
70.82% of 723 companies
in the Transportation industry
Industry Median: 1.25 vs FRA:MIL: 2.05

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 O.S.K. Lines's adjusted book value per share data for the three months ended in Dec. 2023 was €20.045. 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 €7.40 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsui O.S.K. Lines Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mitsui O.S.K. Lines'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 O.S.K. Lines Cyclically Adjusted PB Ratio Chart

Mitsui O.S.K. Lines 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 0.34 0.76 1.90 1.52 -

Mitsui O.S.K. Lines 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 1.52 1.51 1.70 1.78 -

Competitive Comparison of Mitsui O.S.K. Lines's Cyclically Adjusted PB Ratio

For the Marine Shipping subindustry, Mitsui O.S.K. Lines'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 O.S.K. Lines's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Mitsui O.S.K. Lines's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mitsui O.S.K. Lines 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 O.S.K. Lines's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.20/7.4
=1.92

* 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 O.S.K. Lines's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Mitsui O.S.K. Lines'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)
=20.045/106.8000*106.8000
=20.045

Current CPI (Dec. 2023) = 106.8000.

Mitsui O.S.K. Lines Quarterly Data

Book Value per Share CPI Adj_Book
201403 6.710 95.700 7.488
201406 6.765 98.000 7.372
201409 6.843 98.500 7.420
201412 6.830 97.900 7.451
201503 8.396 97.900 9.159
201506 7.906 98.400 8.581
201509 7.964 98.500 8.635
201512 7.910 98.100 8.611
201603 6.024 97.900 6.572
201606 6.089 98.100 6.629
201609 6.125 98.000 6.675
201612 5.972 98.400 6.482
201703 6.628 98.100 7.216
201706 6.367 98.500 6.904
201709 6.080 98.800 6.572
201712 6.259 99.400 6.725
201803 5.470 99.200 5.889
201806 5.468 99.200 5.887
201809 5.716 99.900 6.111
201812 5.872 99.700 6.290
201903 5.846 99.700 6.262
201906 5.870 99.800 6.282
201909 5.973 100.100 6.373
201912 6.047 100.500 6.426
202003 6.032 100.300 6.423
202006 5.682 99.900 6.074
202009 5.735 99.900 6.131
202012 5.901 99.300 6.347
202103 6.235 99.900 6.666
202106 7.407 99.500 7.950
202109 9.386 100.100 10.014
202112 11.481 100.100 12.249
202203 13.532 101.100 14.295
202206 14.162 101.800 14.858
202209 18.126 103.100 18.776
202212 18.434 104.100 18.912
202303 18.601 104.400 19.029
202306 18.073 105.200 18.348
202309 18.923 106.200 19.030
202312 20.045 106.800 20.045

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 O.S.K. Lines  (FRA:MIL) 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 O.S.K. Lines Cyclically Adjusted PB Ratio Related Terms

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


Mitsui O.S.K. Lines (FRA:MIL) Business Description

Address
1-1, Toranomon 2-chome, Shosen Mitsui Building, Minato-ku, Tokyo, JPN, 105-8688
Mitsui O.S.K. Lines is a Japanese transportation and logistics company. It operates through five segments: dry bulk, energy transport, product transport, associated businesses, and other. The product transport business is the largest contributor to revenue. Product transport largely focuses on the ownership and operation of containerships, followed by logistics services, car carriers, and inshore ferries. Dry bulk involves transporting materials such as iron ore, coal, grains, wood, cement, salt, and more via company-owned and operated bulk carriers. The energy transport business uses Mitsui tankers to ship crude oil, naphtha, liquefied natural gas, and other energy products. Most revenue is generated domestically in Japan.

Mitsui O.S.K. Lines (FRA:MIL) Headlines

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