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Kura Sushi (TSE:2695) Cyclically Adjusted PB Ratio : 4.22 (As of Jun. 10, 2024)


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What is Kura Sushi Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Kura Sushi's current share price is 円4385.00. Kura Sushi's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was 円1,039.25. Kura Sushi's Cyclically Adjusted PB Ratio for today is 4.22.

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

TSE:2695' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.46   Med: 3.84   Max: 7.38
Current: 4.22

During the past years, Kura Sushi's highest Cyclically Adjusted PB Ratio was 7.38. The lowest was 2.46. And the median was 3.84.

TSE:2695's Cyclically Adjusted PB Ratio is ranked worse than
75.86% of 232 companies
in the Restaurants industry
Industry Median: 2.115 vs TSE:2695: 4.22

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.

Kura Sushi's adjusted book value per share data for the three months ended in Jan. 2024 was 円1,413.838. 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1,039.25 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kura Sushi Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kura Sushi'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.

Kura Sushi Cyclically Adjusted PB Ratio Chart

Kura Sushi Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.41 4.28 4.56 3.80 3.52

Kura Sushi Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 3.19 3.37 3.13 3.52 3.81

Competitive Comparison of Kura Sushi's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, Kura Sushi'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.


Kura Sushi's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Kura Sushi's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kura Sushi 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.

Kura Sushi's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4385.00/1039.25
=4.22

* 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.

Kura Sushi's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Kura Sushi's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=1413.838/106.9000*106.9000
=1,413.838

Current CPI (Jan. 2024) = 106.9000.

Kura Sushi Quarterly Data

Book Value per Share CPI Adj_Book
201404 563.384 97.700 616.436
201407 581.574 98.100 633.744
201410 564.588 98.200 614.608
201501 587.367 97.800 642.020
201504 610.107 98.400 662.809
201507 638.311 98.300 694.155
201510 666.634 98.500 723.484
201601 689.625 97.700 754.564
201604 713.596 98.100 777.609
201607 735.461 97.900 803.072
201610 765.012 98.600 829.410
201701 786.550 98.200 856.234
201704 817.335 98.500 887.037
201707 840.362 98.300 913.883
201710 879.421 98.800 951.519
201801 895.672 99.500 962.285
201804 930.404 99.100 1,003.635
201807 958.586 99.200 1,032.992
201810 994.601 100.200 1,061.106
201901 1,002.730 99.700 1,075.144
201904 1,031.930 100.000 1,103.133
201907 1,052.672 99.800 1,127.561
201910 1,118.171 100.400 1,190.563
202001 1,125.744 100.500 1,197.433
202004 1,081.095 100.200 1,153.384
202007 1,064.557 100.000 1,138.011
202010 1,120.897 99.800 1,200.640
202101 1,116.472 99.800 1,195.900
202104 1,133.465 99.100 1,222.678
202107 1,101.604 99.700 1,181.158
202110 1,225.269 99.900 1,311.124
202201 1,257.420 100.300 1,340.161
202204 1,279.358 101.500 1,347.422
202207 1,291.109 102.300 1,349.165
202210 1,284.329 103.700 1,323.961
202301 1,245.028 104.700 1,271.189
202304 1,234.988 105.100 1,256.139
202307 1,340.992 105.700 1,356.216
202310 1,397.359 107.100 1,394.750
202401 1,413.838 106.900 1,413.838

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.


Kura Sushi  (TSE:2695) 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.


Kura Sushi Cyclically Adjusted PB Ratio Related Terms

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


Kura Sushi (TSE:2695) Business Description

Traded in Other Exchanges
N/A
Address
1-2-1 Fukasaka, Naka-ku, Sakai-shi, Osaka, JPN, 599-8253
Kura Sushi Inc operates a chain of close to 400 sushi restaurants in Japan. Kura's restaurants pledge to serve natural, organic, additive-free food that is devoid of chemical seasonings and artificial sweeteners, colorings, and preservatives. They operate as revolving sushi restaurants using the conveyor belt method to serve customers, which keeps staff requirements low. The method entails customers choosing and grabbing their sushi preferences as the options rotate in front of them on a conveyor belt.

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