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Kawasaki Heavy Industries (Kawasaki Heavy Industries) Cyclically Adjusted PB Ratio : 1.83 (As of Jun. 06, 2024)


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What is Kawasaki Heavy Industries Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Kawasaki Heavy Industries's current share price is $14.395. Kawasaki Heavy Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $7.87. Kawasaki Heavy Industries's Cyclically Adjusted PB Ratio for today is 1.83.

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

KWHIY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 1.17   Max: 3.12
Current: 2.01

During the past years, Kawasaki Heavy Industries's highest Cyclically Adjusted PB Ratio was 3.12. The lowest was 0.52. And the median was 1.17.

KWHIY's Cyclically Adjusted PB Ratio is ranked worse than
52.29% of 2163 companies
in the Industrial Products industry
Industry Median: 1.89 vs KWHIY: 2.01

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.

Kawasaki Heavy Industries's adjusted book value per share data for the three months ended in Mar. 2024 was $10.107. 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 $7.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kawasaki Heavy Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kawasaki Heavy 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.

Kawasaki Heavy Industries Cyclically Adjusted PB Ratio Chart

Kawasaki Heavy Industries 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 0.66 1.12 0.87 1.05 1.71

Kawasaki Heavy Industries 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 1.05 1.30 1.26 1.07 1.71

Competitive Comparison of Kawasaki Heavy Industries's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Kawasaki Heavy 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.


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

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

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



Kawasaki Heavy 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.395/7.87
=1.83

* 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.

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

For example, Kawasaki Heavy Industries'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)
=10.107/107.2000*107.2000
=10.107

Current CPI (Mar. 2024) = 107.2000.

Kawasaki Heavy Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.377 98.000 9.163
201409 8.201 98.500 8.925
201412 8.190 97.900 8.968
201503 8.591 97.900 9.407
201506 8.305 98.400 9.048
201509 8.884 98.500 9.669
201512 8.725 98.100 9.534
201603 9.146 97.900 10.015
201606 9.348 98.100 10.215
201609 9.151 98.000 10.010
201612 8.516 98.400 9.278
201703 9.272 98.100 10.132
201706 9.424 98.500 10.256
201709 9.548 98.800 10.360
201712 9.564 99.400 10.314
201803 10.524 99.200 11.373
201806 10.066 99.200 10.878
201809 9.760 99.900 10.473
201812 9.916 99.700 10.662
201903 10.264 99.700 11.036
201906 10.174 99.800 10.928
201909 10.188 100.100 10.911
201912 10.076 100.500 10.748
202003 10.133 100.300 10.830
202006 9.842 99.900 10.561
202009 9.649 99.900 10.354
202012 10.152 99.300 10.960
202103 10.251 99.900 11.000
202106 9.535 99.500 10.273
202109 9.386 100.100 10.052
202112 9.182 100.100 9.833
202203 10.182 101.100 10.796
202206 9.268 101.800 9.760
202209 9.008 103.100 9.366
202212 9.870 104.100 10.164
202303 10.296 104.400 10.572
202306 9.880 105.200 10.068
202309 9.076 106.200 9.161
202312 9.434 106.800 9.469
202403 10.107 107.200 10.107

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.


Kawasaki Heavy Industries  (OTCPK:KWHIY) 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.


Kawasaki Heavy Industries Cyclically Adjusted PB Ratio Related Terms

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


Kawasaki Heavy Industries (Kawasaki Heavy Industries) Business Description

Traded in Other Exchanges
Address
Kobe Crystal Tower, 1-3, Higashikawasaki-cho 1-chome, Chuo-ku, Kobe, JPN, 650-8680
Kawasaki Heavy Industries Ltd is a diversified industrial company serving land, sea, and air markets. It produces heavy machinery, including multiple land vehicles, large tankers, submarines, energy systems, and aerospace equipment. In addition, the company works to produce environmental plants, industrial plants, precision machinery, robots, and infrastructure equipment. One aspect of the company focuses on manufacturing motorcycles under its well-known Kawasaki brand. Another focus and revenue generator is the division geared towards manufacturing commercial aircraft and jet engines. Sales generated in Asia account for the majority of total revenue, but the company does have a presence in the Americas and Europe.