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Studio Alice Co (TSE:2305) Cyclically Adjusted PB Ratio : 1.48 (As of Jun. 08, 2024)


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What is Studio Alice Co Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Studio Alice Co's current share price is 円2071.00. Studio Alice Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円1,400.26. Studio Alice Co's Cyclically Adjusted PB Ratio for today is 1.48.

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

TSE:2305' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.25   Med: 1.86   Max: 2.81
Current: 1.46

During the past years, Studio Alice Co's highest Cyclically Adjusted PB Ratio was 2.81. The lowest was 1.25. And the median was 1.86.

TSE:2305's Cyclically Adjusted PB Ratio is ranked better than
52.63% of 57 companies
in the Personal Services industry
Industry Median: 1.73 vs TSE:2305: 1.46

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.

Studio Alice Co's adjusted book value per share data for the three months ended in Feb. 2024 was 円1,747.069. 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1,400.26 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Studio Alice Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Studio Alice 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.

Studio Alice Co Cyclically Adjusted PB Ratio Chart

Studio Alice Co Annual Data
Trend Dec15 Dec16 Dec17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.52 1.87 1.85 1.59 1.45

Studio Alice Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.59 1.61 1.57 1.49 1.45

Competitive Comparison of Studio Alice Co's Cyclically Adjusted PB Ratio

For the Personal Services subindustry, Studio Alice 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.


Studio Alice Co's Cyclically Adjusted PB Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Studio Alice Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Studio Alice 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2071.00/1400.26
=1.48

* 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.

Studio Alice Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Studio Alice Co's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=1747.069/106.9000*106.9000
=1,747.069

Current CPI (Feb. 2024) = 106.9000.

Studio Alice Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 840.350 95.700 938.698
201406 815.516 98.000 889.578
201409 839.110 98.500 910.669
201412 1,008.939 97.900 1,101.691
201503 916.218 97.900 1,000.446
201506 931.605 98.400 1,012.079
201509 947.335 98.500 1,028.123
201512 1,119.147 98.100 1,219.539
201603 1,039.544 97.900 1,135.110
201606 1,050.461 98.100 1,144.692
201609 1,083.124 98.000 1,181.489
201612 1,249.736 98.400 1,357.691
201703 1,166.004 98.100 1,270.600
201706 1,166.601 98.500 1,266.088
201709 1,198.548 98.800 1,296.810
201712 1,358.636 99.400 1,461.149
201805 1,244.827 99.300 1,340.101
201808 1,283.796 99.800 1,375.128
201811 1,383.935 100.000 1,479.427
201902 1,370.190 99.700 1,469.141
201905 1,310.785 100.000 1,401.229
201908 1,307.840 100.000 1,398.081
201911 1,422.299 100.500 1,512.873
202002 1,389.874 100.300 1,481.331
202005 1,227.039 100.100 1,310.394
202008 1,279.833 100.100 1,366.775
202011 1,464.009 99.500 1,572.890
202102 1,490.727 99.800 1,596.781
202105 1,484.749 99.400 1,596.777
202108 1,515.501 99.700 1,624.945
202111 1,676.315 100.100 1,790.191
202202 1,666.376 100.700 1,768.973
202205 1,604.088 101.800 1,684.450
202208 1,587.349 102.700 1,652.265
202211 1,736.853 103.900 1,787.003
202302 1,721.854 104.000 1,769.867
202305 1,656.172 105.100 1,684.537
202308 1,632.277 105.900 1,647.690
202311 1,738.033 106.900 1,738.033
202402 1,747.069 106.900 1,747.069

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.


Studio Alice Co  (TSE:2305) 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.


Studio Alice Co Cyclically Adjusted PB Ratio Related Terms

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


Studio Alice Co (TSE:2305) Business Description

Traded in Other Exchanges
N/A
Address
1-8-17 Umeda, Kita-ku, Osaka, JPN, 530-0001
Studio Alice Co Ltd is a Japan-based company, engages in the photography business. The company offers shooting, production, and processing of studio photos and the production and printing of displays. It also provides production and sales of dresses and clothes for photo shooting. It offers maternity photo, shrine visit, one hundred days celebration, peach's festival, half birthday, birthday photo, admission, graduation, 1/2 adult ceremony, thirteen celebration, adult ceremony, bridal, and family picture shooting services.

Studio Alice Co (TSE:2305) Headlines

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