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Ezaki Glico Co (TSE:2206) Cyclically Adjusted PB Ratio : 1.21 (As of Jun. 09, 2024)


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What is Ezaki Glico Co Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Ezaki Glico Co's current share price is 円4205.00. Ezaki Glico Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円3,489.17. Ezaki Glico Co's Cyclically Adjusted PB Ratio for today is 1.21.

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

TSE:2206' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.03   Med: 1.59   Max: 2.5
Current: 1.21

During the past years, Ezaki Glico Co's highest Cyclically Adjusted PB Ratio was 2.50. The lowest was 1.03. And the median was 1.59.

TSE:2206's Cyclically Adjusted PB Ratio is ranked better than
56.77% of 1358 companies
in the Consumer Packaged Goods industry
Industry Median: 1.36 vs TSE:2206: 1.21

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.

Ezaki Glico Co's adjusted book value per share data for the three months ended in Mar. 2024 was 円4,271.471. 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3,489.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ezaki Glico Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ezaki Glico 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.

Ezaki Glico Co Cyclically Adjusted PB Ratio Chart

Ezaki Glico Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.32 1.69 1.27 1.14 1.22

Ezaki Glico 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 1.03 1.14 1.21 1.22 1.21

Competitive Comparison of Ezaki Glico Co's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Ezaki Glico 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.


Ezaki Glico Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ezaki Glico Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ezaki Glico 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4205.00/3489.17
=1.21

* 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.

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

For example, Ezaki Glico 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)
=4271.471/107.2000*107.2000
=4,271.471

Current CPI (Mar. 2024) = 107.2000.

Ezaki Glico Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2,334.379 98.000 2,553.525
201409 2,408.134 98.500 2,620.832
201412 2,479.326 97.900 2,714.849
201503 2,580.984 97.900 2,826.164
201506 2,619.408 98.400 2,853.664
201509 2,673.107 98.500 2,909.209
201512 2,714.208 98.100 2,965.985
201603 2,646.442 97.900 2,897.840
201606 2,701.280 98.100 2,951.857
201609 2,783.802 98.000 3,045.139
201612 2,873.094 98.400 3,130.037
201703 2,927.088 98.100 3,198.612
201706 2,994.938 98.500 3,259.466
201709 3,095.489 98.800 3,358.668
201712 3,176.587 99.400 3,425.856
201803 3,165.850 99.200 3,421.160
201806 3,219.977 99.200 3,479.653
201809 3,310.474 99.900 3,552.381
201812 3,251.963 99.700 3,496.594
201903 3,250.041 99.700 3,494.528
201906 3,216.961 99.800 3,455.493
201909 3,286.843 100.100 3,519.976
201912 0.000 100.500 0.000
202003 3,226.152 100.300 3,448.091
202006 3,319.791 99.900 3,562.378
202009 3,351.397 99.900 3,596.294
202012 3,420.894 99.300 3,693.050
202103 3,549.737 99.900 3,809.127
202106 3,605.843 99.500 3,884.888
202109 3,667.843 100.100 3,928.000
202112 3,710.633 100.100 3,973.825
202203 3,796.693 101.100 4,025.771
202206 3,939.800 101.800 4,148.787
202209 3,981.604 103.100 4,139.941
202212 3,841.593 104.100 3,955.992
202303 3,896.608 104.400 4,001.115
202306 4,081.308 105.200 4,158.899
202309 4,165.202 106.200 4,204.422
202312 4,128.662 106.800 4,144.125
202403 4,271.471 107.200 4,271.471

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.


Ezaki Glico Co  (TSE:2206) 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.


Ezaki Glico Co Cyclically Adjusted PB Ratio Related Terms

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Ezaki Glico Co (TSE:2206) Business Description

Traded in Other Exchanges
Address
6-5, Utajima, 4-chome, Nishiyodogawa-ku, Osaka, JPN, 555-8502
Ezaki Glico Co Ltd is a Japanese food company. The reportable segments of the company are, 1) Health and Food Business includes the production and sales of health-related products, retort-packed food and others; 2) Dairy Food Business includes the production and sales of dairy products, western-style fresh confectioneries, ice cream and others; 3) Nutritional Confectionery Business includes the production and sales of chocolate, cookies and others; 4) Food Ingredients Business: includes the production and sales of wheat protein, starch, food colouring and others; 5) Other Domestic Business includes directly managed stores business, Office Glico business and others and 6) Overseas Business includes the production and sales of chocolate, cookies and others overseas.

Ezaki Glico Co (TSE:2206) Headlines

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