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Sankyo Co (Sankyo Co) Cyclically Adjusted PB Ratio : 1.77 (As of May. 18, 2024)


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What is Sankyo Co Cyclically Adjusted PB Ratio?

As of today (2024-05-18), Sankyo Co's current share price is $10.20. Sankyo Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $5.76. Sankyo Co's Cyclically Adjusted PB Ratio for today is 1.77.

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

SKXJF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.88   Max: 1.93
Current: 1.6

During the past years, Sankyo Co's highest Cyclically Adjusted PB Ratio was 1.93. The lowest was 0.59. And the median was 0.88.

SKXJF's Cyclically Adjusted PB Ratio is ranked worse than
53.78% of 595 companies
in the Travel & Leisure industry
Industry Median: 1.38 vs SKXJF: 1.60

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.

Sankyo Co's adjusted book value per share data for the three months ended in Dec. 2023 was $8.007. 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 $5.76 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sankyo Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sankyo Co'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.

Sankyo Co Cyclically Adjusted PB Ratio Chart

Sankyo Co 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 0.71 0.67 0.77 1.20 -

Sankyo Co 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 1.20 1.25 1.46 1.73 -

Competitive Comparison of Sankyo Co's Cyclically Adjusted PB Ratio

For the Gambling subindustry, Sankyo Co'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.


Sankyo Co's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sankyo Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sankyo Co 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.

Sankyo Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.20/5.76
=1.77

* 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.

Sankyo Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Sankyo Co'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)
=8.007/106.8000*106.8000
=8.007

Current CPI (Dec. 2023) = 106.8000.

Sankyo Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 8.635 95.700 9.637
201406 8.481 98.000 9.243
201409 8.000 98.500 8.674
201412 7.289 97.900 7.952
201503 7.224 97.900 7.881
201506 6.999 98.400 7.596
201509 6.917 98.500 7.500
201512 6.733 98.100 7.330
201603 7.627 97.900 8.320
201606 7.960 98.100 8.666
201609 8.258 98.000 9.000
201612 7.272 98.400 7.893
201703 7.439 98.100 8.099
201706 7.451 98.500 8.079
201709 7.468 98.800 8.073
201712 7.239 99.400 7.778
201803 7.835 99.200 8.435
201806 7.428 99.200 7.997
201809 7.309 99.900 7.814
201812 7.251 99.700 7.767
201903 7.479 99.700 8.012
201906 7.499 99.800 8.025
201909 8.025 100.100 8.562
201912 8.161 100.500 8.673
202003 8.185 100.300 8.715
202006 8.174 99.900 8.739
202009 8.300 99.900 8.873
202012 8.400 99.300 9.034
202103 8.086 99.900 8.644
202106 7.910 99.500 8.490
202109 7.971 100.100 8.505
202112 8.040 100.100 8.578
202203 7.821 101.100 8.262
202206 7.023 101.800 7.368
202209 6.892 103.100 7.139
202212 7.673 104.100 7.872
202303 7.995 104.400 8.179
202306 7.786 105.200 7.904
202309 7.789 106.200 7.833
202312 8.007 106.800 8.007

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.


Sankyo Co  (OTCPK:SKXJF) 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.


Sankyo Co Cyclically Adjusted PB Ratio Related Terms

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


Sankyo Co (Sankyo Co) Business Description

Traded in Other Exchanges
Address
3-29-14 Shibuya, Shibuya-ku, Tokyo, JPN, 150-8327
Sankyo Co Ltd manufactures and sells pachinko and pachislot machines to the gambling industry. Pachinko machines, a gambling device with pinball-like characteristics, are sold to pachinko parlors throughout Japan. Pachinko parlors allow users to purchase small steel balls, which are utilized in pachinko machines under the objective of winning more balls that can then be exchanged for prizes. Pachislot machines, which are a similar gambling device as pachinko and slot machines, are also sold to gambling parlors throughout Japan. The company generates the vast majority of its revenue in Japan.

Sankyo Co (Sankyo Co) Headlines

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