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Mitsui (Mitsui) Cyclically Adjusted PB Ratio : 2.57 (As of Jun. 06, 2024)


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What is Mitsui Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Mitsui's current share price is $49.00. Mitsui's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $19.06. Mitsui's Cyclically Adjusted PB Ratio for today is 2.57.

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

MITSF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.1   Max: 2.78
Current: 2.62

During the past years, Mitsui's highest Cyclically Adjusted PB Ratio was 2.78. The lowest was 0.71. And the median was 1.10.

MITSF's Cyclically Adjusted PB Ratio is ranked worse than
80.93% of 451 companies
in the Conglomerates industry
Industry Median: 0.96 vs MITSF: 2.62

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's adjusted book value per share data for the three months ended in Mar. 2024 was $33.619. 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 $19.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsui Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mitsui'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 Cyclically Adjusted PB Ratio Chart

Mitsui 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 0.75 1.09 1.44 1.58 2.42

Mitsui 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 1.58 2.01 1.95 1.85 2.42

Competitive Comparison of Mitsui's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Mitsui'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's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mitsui's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=49.00/19.06
=2.57

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

For example, Mitsui'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)
=33.619/107.2000*107.2000
=33.619

Current CPI (Mar. 2024) = 107.2000.

Mitsui Quarterly Data

Book Value per Share CPI Adj_Book
201406 21.590 98.000 23.617
201409 21.650 98.500 23.562
201412 19.696 97.900 21.567
201503 18.997 97.900 20.802
201506 19.084 98.400 20.791
201509 18.139 98.500 19.741
201512 17.642 98.100 19.279
201603 16.696 97.900 18.282
201606 16.615 98.100 18.156
201609 17.500 98.000 19.143
201612 17.520 98.400 19.087
201703 18.432 98.100 20.142
201706 19.086 98.500 20.772
201709 19.963 98.800 21.660
201712 20.699 99.400 22.323
201803 21.567 99.200 23.306
201806 21.889 99.200 23.654
201809 22.677 99.900 24.334
201812 22.098 99.700 23.760
201903 22.069 99.700 23.729
201906 22.541 99.800 24.212
201909 22.527 100.100 24.125
201912 23.017 100.500 24.551
202003 20.766 100.300 22.195
202006 21.382 99.900 22.944
202009 22.136 99.900 23.754
202012 23.674 99.300 25.557
202103 25.141 99.900 26.978
202106 26.613 99.500 28.672
202109 26.409 100.100 28.282
202112 27.027 100.100 28.944
202203 29.455 101.100 31.232
202206 27.114 101.800 28.552
202209 26.815 103.100 27.881
202212 29.329 104.100 30.202
202303 31.176 104.400 32.012
202306 31.755 105.200 32.359
202309 31.601 106.200 31.899
202312 32.879 106.800 33.002
202403 33.619 107.200 33.619

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  (OTCPK:MITSF) 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 Cyclically Adjusted PB Ratio Related Terms

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


Mitsui (Mitsui) Business Description

Traded in Other Exchanges
Address
1-3, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8631
Mitsui & Co Ltd is a general trading company with a wide range of business activities in the areas of iron and steel, mineral and metal resources, machinery and infrastructure, chemicals, energy, lifestyle, innovation, and corporate development. The firm also participates in the development of natural resources, and it has minority interests in several upstream resource projects, which include iron ore and coal projects in Australia; copper mining projects in Chile; and oil and gas projects in Asia, the Middle East, and the United States.

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