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SHO-BOND Holdings Co (TSE:1414) Cyclically Adjusted PB Ratio : 3.70 (As of Jun. 09, 2024)


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What is SHO-BOND Holdings Co Cyclically Adjusted PB Ratio?

As of today (2024-06-09), SHO-BOND Holdings Co's current share price is 円5755.00. SHO-BOND Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円1,555.03. SHO-BOND Holdings Co's Cyclically Adjusted PB Ratio for today is 3.70.

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

TSE:1414' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.92   Med: 3.96   Max: 4.74
Current: 3.81

During the past years, SHO-BOND Holdings Co's highest Cyclically Adjusted PB Ratio was 4.74. The lowest was 2.92. And the median was 3.96.

TSE:1414's Cyclically Adjusted PB Ratio is ranked worse than
87.03% of 1257 companies
in the Construction industry
Industry Median: 1.12 vs TSE:1414: 3.81

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.

SHO-BOND Holdings Co's adjusted book value per share data for the three months ended in Mar. 2024 was 円1,938.830. 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1,555.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SHO-BOND Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SHO-BOND Holdings 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.

SHO-BOND Holdings Co Cyclically Adjusted PB Ratio Chart

SHO-BOND Holdings Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.47 4.10 3.74 4.44 3.89

SHO-BOND Holdings 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 3.81 3.89 3.91 4.10 4.12

Competitive Comparison of SHO-BOND Holdings Co's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, SHO-BOND Holdings 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.


SHO-BOND Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, SHO-BOND Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SHO-BOND Holdings Co's Cyclically Adjusted PB Ratio falls into.



SHO-BOND Holdings 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.

SHO-BOND Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5755.00/1555.03
=3.70

* 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.

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

For example, SHO-BOND Holdings Co'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)
=1938.83/107.2000*107.2000
=1,938.830

Current CPI (Mar. 2024) = 107.2000.

SHO-BOND Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,041.826 98.000 1,139.630
201409 1,043.256 98.500 1,135.401
201412 1,083.549 97.900 1,186.481
201503 1,126.722 97.900 1,233.755
201506 1,141.949 98.400 1,244.075
201509 1,126.511 98.500 1,226.010
201512 1,170.706 98.100 1,279.304
201603 1,191.958 97.900 1,305.188
201606 1,183.401 98.100 1,293.176
201609 1,181.357 98.000 1,292.260
201612 1,236.271 98.400 1,346.832
201703 1,259.660 98.100 1,376.509
201706 1,286.381 98.500 1,400.000
201709 1,322.511 98.800 1,434.951
201712 1,373.209 99.400 1,480.966
201803 1,389.211 99.200 1,501.244
201806 1,376.510 99.200 1,487.519
201809 1,370.565 99.900 1,470.716
201812 1,394.808 99.700 1,499.733
201903 1,427.765 99.700 1,535.170
201906 1,450.278 99.800 1,557.814
201909 1,434.227 100.100 1,535.955
201912 1,495.310 100.500 1,594.997
202003 1,491.242 100.300 1,593.830
202006 1,553.076 99.900 1,666.564
202009 1,550.494 99.900 1,663.793
202012 1,615.850 99.300 1,744.402
202103 1,651.185 99.900 1,771.842
202106 1,688.629 99.500 1,819.307
202109 1,669.401 100.100 1,787.810
202112 1,717.791 100.100 1,839.632
202203 1,722.885 101.100 1,826.838
202206 1,768.397 101.800 1,862.202
202209 1,737.678 103.100 1,806.781
202212 1,779.105 104.100 1,832.085
202303 1,789.413 104.400 1,837.405
202306 1,862.399 105.200 1,897.806
202309 1,829.395 106.200 1,846.621
202312 1,900.466 106.800 1,907.584
202403 1,938.830 107.200 1,938.830

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.


SHO-BOND Holdings Co  (TSE:1414) 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.


SHO-BOND Holdings Co Cyclically Adjusted PB Ratio Related Terms

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SHO-BOND Holdings Co (TSE:1414) Business Description

Traded in Other Exchanges
N/A
Address
No. 7 No. 8 Nihonbashi Hakozaki-cho, Chuo-ku, Tokyo, JPN, 136-0015
Sho-Bond Holdings is a holding company of businesses engaged in civil engineering and construction work contracting. The group specialises in repairing and reinforcing public infrastructure, such as bridges and roads. It offers investigation and inspection services, manufactures and sells repair and reinforcement materials, and fulfils repair and reinforcement contracts. The group also manufactures and sells synthetic resin adhesives. Sho-Bond Holdings operates primarily in Japan.

SHO-BOND Holdings Co (TSE:1414) Headlines

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