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MatsukiyoCocokara (TSE:3088) Cyclically Adjusted PB Ratio : 2.81 (As of Jun. 05, 2024)


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What is MatsukiyoCocokara Cyclically Adjusted PB Ratio?

As of today (2024-06-05), MatsukiyoCocokara's current share price is 円2215.00. MatsukiyoCocokara's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円787.68. MatsukiyoCocokara's Cyclically Adjusted PB Ratio for today is 2.81.

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

TSE:3088' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.11   Med: 2.82   Max: 4.11
Current: 2.82

During the past years, MatsukiyoCocokara's highest Cyclically Adjusted PB Ratio was 4.11. The lowest was 2.11. And the median was 2.82.

TSE:3088's Cyclically Adjusted PB Ratio is ranked worse than
61.59% of 328 companies
in the Healthcare Providers & Services industry
Industry Median: 1.95 vs TSE:3088: 2.82

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.

MatsukiyoCocokara's adjusted book value per share data for the three months ended in Dec. 2023 was 円1,210.684. 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787.68 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


MatsukiyoCocokara Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MatsukiyoCocokara'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.

MatsukiyoCocokara Cyclically Adjusted PB Ratio Chart

MatsukiyoCocokara 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 2.47 2.89 2.29 3.25 -

MatsukiyoCocokara 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 3.25 3.63 3.50 3.17 -

Competitive Comparison of MatsukiyoCocokara's Cyclically Adjusted PB Ratio

For the Pharmaceutical Retailers subindustry, MatsukiyoCocokara'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.


MatsukiyoCocokara's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, MatsukiyoCocokara's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



MatsukiyoCocokara 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.

MatsukiyoCocokara's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2215.00/787.68
=2.81

* 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.

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

For example, MatsukiyoCocokara'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)
=1210.684/106.8000*106.8000
=1,210.684

Current CPI (Dec. 2023) = 106.8000.

MatsukiyoCocokara Quarterly Data

Book Value per Share CPI Adj_Book
201403 457.514 95.700 510.580
201406 451.319 98.000 491.846
201409 456.471 98.500 494.935
201412 462.618 97.900 504.674
201503 490.300 97.900 534.873
201506 500.443 98.400 543.164
201509 507.947 98.500 550.749
201512 526.561 98.100 573.259
201603 533.363 97.900 581.851
201606 540.936 98.100 588.909
201609 544.143 98.000 593.005
201612 556.421 98.400 603.920
201703 579.803 98.100 631.223
201706 593.951 98.500 644.000
201709 609.115 98.800 658.436
201712 628.621 99.400 675.420
201803 645.299 99.200 694.737
201806 661.401 99.200 712.073
201809 684.678 99.900 731.968
201812 659.444 99.700 706.405
201903 679.719 99.700 728.124
201906 688.056 99.800 736.316
201909 710.865 100.100 758.445
201912 724.481 100.500 769.896
202003 744.645 100.300 792.902
202006 751.614 99.900 803.527
202009 778.834 99.900 832.627
202012 787.258 99.300 846.719
202103 799.505 99.900 854.726
202106 797.745 99.500 856.273
202109 809.972 100.100 864.186
202112 1,144.056 100.100 1,220.631
202203 1,085.171 101.100 1,146.353
202206 1,094.292 101.800 1,148.039
202209 1,120.313 103.100 1,160.518
202212 1,140.957 104.100 1,170.550
202303 1,153.677 104.400 1,180.198
202306 1,172.558 105.200 1,190.392
202309 1,203.354 106.200 1,210.153
202312 1,210.684 106.800 1,210.684

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.


MatsukiyoCocokara  (TSE:3088) 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.


MatsukiyoCocokara Cyclically Adjusted PB Ratio Related Terms

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MatsukiyoCocokara (TSE:3088) Business Description

Traded in Other Exchanges
Address
1-8-2 Yushima, Bunkyo-ku, 7th Floor, MK Ochanomizu Building, Tokyo, JPN, 113-0034
MatsukiyoCocokara & Co, formerly Matsumotokiyoshi Holdings Co., Ltd. is a large retail pharmacy in Japan. The company's stores sell branded and generic medication, over-the-counter medicine, health and beauty aids, perfumery, discount cosmetics, household items, pet supplies, groceries, and personal care products. Matsumotokiyoshi operates a private brand called matsukiyo. The highest concentration of Matsumotokiyoshi's stores are in the Kanto region, which includes Tokyo.

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