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EDION (NGO:2730) Cyclically Adjusted PB Ratio : 0.86 (As of Jun. 04, 2024)


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What is EDION Cyclically Adjusted PB Ratio?

As of today (2024-06-04), EDION's current share price is 円1011.00. EDION's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円1,171.38. EDION's Cyclically Adjusted PB Ratio for today is 0.86.

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

NGO:2730' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.76   Max: 1
Current: 0.88

During the past years, EDION's highest Cyclically Adjusted PB Ratio was 1.00. The lowest was 0.55. And the median was 0.76.

NGO:2730's Cyclically Adjusted PB Ratio is ranked better than
60.99% of 751 companies
in the Retail - Cyclical industry
Industry Median: 1.17 vs NGO:2730: 0.88

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.

EDION's adjusted book value per share data for the three months ended in Mar. 2024 was 円2,042.398. 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1,171.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


EDION Cyclically Adjusted PB Ratio Historical Data

The historical data trend for EDION'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.

EDION Cyclically Adjusted PB Ratio Chart

EDION 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 0.60 0.81 0.72 0.76 0.86

EDION 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 0.76 0.85 0.85 0.89 0.86

Competitive Comparison of EDION's Cyclically Adjusted PB Ratio

For the Specialty Retail subindustry, EDION'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.


EDION's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

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



EDION 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1011.00/1171.38
=0.86

* 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.

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

For example, EDION'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)
=2042.398/107.2000*107.2000
=2,042.398

Current CPI (Mar. 2024) = 107.2000.

EDION Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,323.912 98.000 1,448.198
201409 1,344.040 98.500 1,462.752
201412 1,311.170 97.900 1,435.724
201503 1,389.419 97.900 1,521.407
201506 1,365.716 98.400 1,487.853
201509 1,385.702 98.500 1,508.094
201512 1,400.858 98.100 1,530.805
201603 1,437.644 97.900 1,574.213
201606 1,431.445 98.100 1,564.229
201609 1,493.098 98.000 1,633.266
201612 1,508.869 98.400 1,643.809
201703 1,558.869 98.100 1,703.474
201706 1,557.870 98.500 1,695.469
201709 1,622.608 98.800 1,760.563
201712 1,638.439 99.400 1,767.009
201803 1,535.830 99.200 1,659.687
201806 1,525.742 99.200 1,648.786
201809 1,585.986 99.900 1,701.879
201812 1,601.372 99.700 1,721.836
201903 1,601.532 99.700 1,722.008
201906 1,563.721 99.800 1,679.668
201909 1,695.385 100.100 1,815.637
201912 1,683.556 100.500 1,795.793
202003 1,685.512 100.300 1,801.464
202006 1,698.835 99.900 1,822.974
202009 1,769.693 99.900 1,899.010
202012 1,790.005 99.300 1,932.412
202103 1,809.661 99.900 1,941.898
202106 1,823.291 99.500 1,964.390
202109 1,900.670 100.100 2,035.483
202112 1,917.589 100.100 2,053.602
202203 1,950.132 101.100 2,067.796
202206 1,949.771 101.800 2,053.197
202209 1,999.130 103.100 2,078.630
202212 2,028.910 104.100 2,089.329
202303 2,048.300 104.400 2,103.235
202306 2,040.499 105.200 2,079.292
202309 2,105.791 106.200 2,125.620
202312 2,115.725 106.800 2,123.649
202403 2,042.398 107.200 2,042.398

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.


EDION  (NGO:2730) 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.


EDION Cyclically Adjusted PB Ratio Related Terms

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


EDION (NGO:2730) Business Description

Traded in Other Exchanges
Address
Osaka Mitsui Bussan Building, 2-3-33, Nakanoshima, Kita-ku, Osaka-shi, Osaka, JPN, 530-0005
EDION Corp is engaged in the development and sale of home electrical appliances. It offers air conditioners, microwave ovens, washing machines, vacuum cleaners, computer equipment, batteries, light bulbs.

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