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SBS Holdings (SBS Holdings) Cyclically Adjusted PB Ratio : 2.08 (As of Jun. 10, 2024)


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What is SBS Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-10), SBS Holdings's current share price is $18.00. SBS Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $8.64. SBS Holdings's Cyclically Adjusted PB Ratio for today is 2.08.

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

SBSOF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.45   Med: 2.56   Max: 4.41
Current: 2.11

During the past years, SBS Holdings's highest Cyclically Adjusted PB Ratio was 4.41. The lowest was 1.45. And the median was 2.56.

SBSOF's Cyclically Adjusted PB Ratio is ranked worse than
72.28% of 725 companies
in the Transportation industry
Industry Median: 1.27 vs SBSOF: 2.11

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.

SBS Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was $13.837. 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 $8.64 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SBS Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SBS Holdings'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.

SBS Holdings Cyclically Adjusted PB Ratio Chart

SBS Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.14 2.79 3.19 2.57 2.01

SBS Holdings 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 3.02 2.78 2.36 2.01 2.08

Competitive Comparison of SBS Holdings's Cyclically Adjusted PB Ratio

For the Integrated Freight & Logistics subindustry, SBS Holdings'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.


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

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

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



SBS Holdings 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.00/8.64
=2.08

* 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.

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

For example, SBS Holdings'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)
=13.837/107.2000*107.2000
=13.837

Current CPI (Mar. 2024) = 107.2000.

SBS Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.650 98.000 8.368
201409 7.445 98.500 8.103
201412 6.805 97.900 7.451
201503 7.282 97.900 7.974
201506 7.047 98.400 7.677
201509 7.559 98.500 8.227
201512 5.817 98.100 6.357
201603 6.405 97.900 7.013
201606 7.502 98.100 8.198
201609 7.872 98.000 8.611
201612 7.056 98.400 7.687
201703 7.246 98.100 7.918
201706 7.590 98.500 8.260
201709 7.985 98.800 8.664
201712 8.115 99.400 8.752
201803 8.568 99.200 9.259
201806 8.428 99.200 9.108
201809 8.422 99.900 9.037
201812 8.922 99.700 9.593
201903 9.340 99.700 10.043
201906 9.852 99.800 10.583
201909 10.222 100.100 10.947
201912 10.414 100.500 11.108
202003 10.935 100.300 11.687
202006 11.227 99.900 12.047
202009 11.751 99.900 12.610
202012 12.311 99.300 13.290
202103 11.958 99.900 12.832
202106 13.113 99.500 14.128
202109 13.570 100.100 14.533
202112 13.419 100.100 14.371
202203 13.169 101.100 13.964
202206 11.483 101.800 12.092
202209 11.205 103.100 11.651
202212 13.134 104.100 13.525
202303 14.116 104.400 14.495
202306 13.680 105.200 13.940
202309 13.340 106.200 13.466
202312 13.915 106.800 13.967
202403 13.837 107.200 13.837

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.


SBS Holdings  (OTCPK:SBSOF) 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.


SBS Holdings Cyclically Adjusted PB Ratio Related Terms

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


SBS Holdings (SBS Holdings) Business Description

Traded in Other Exchanges
Address
1-3 Taihei 4-chome, Olinas Tower, Sumida-ku, Tokyo, JPN, 130-0012
SBS Holdings Inc is engaged in the provision of logistics and related services. The company's operating business includes logistics, real-estate, and others. Its logistics business is involved in the transportation and delivery of raw materials, and the storage associated with it, handling, packaging, and distribution processing services. The real-estate business consists of rental and leasing of real estate properties. Its other business comprises of human resources, environment-related, marketing and other related business services.

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