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Monogatari (TSE:3097) Cyclically Adjusted PB Ratio : 6.77 (As of Jun. 10, 2024)


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What is Monogatari Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Monogatari's current share price is 円3425.00. Monogatari's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円505.88. Monogatari's Cyclically Adjusted PB Ratio for today is 6.77.

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

TSE:3097' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.83   Med: 6.07   Max: 10.86
Current: 6.77

During the past years, Monogatari's highest Cyclically Adjusted PB Ratio was 10.86. The lowest was 2.83. And the median was 6.07.

TSE:3097's Cyclically Adjusted PB Ratio is ranked worse than
85.78% of 232 companies
in the Restaurants industry
Industry Median: 2.115 vs TSE:3097: 6.77

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.

Monogatari's adjusted book value per share data for the three months ended in Mar. 2024 was 円783.339. 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505.88 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Monogatari Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Monogatari'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.

Monogatari Cyclically Adjusted PB Ratio Chart

Monogatari 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 5.31 4.56 7.18 4.90 7.56

Monogatari 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 6.04 7.56 8.65 8.93 9.21

Competitive Comparison of Monogatari's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, Monogatari'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.


Monogatari's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

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

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



Monogatari 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3425.00/505.88
=6.77

* 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.

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

For example, Monogatari'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)
=783.339/107.2000*107.2000
=783.339

Current CPI (Mar. 2024) = 107.2000.

Monogatari Quarterly Data

Book Value per Share CPI Adj_Book
201406 271.799 98.000 297.315
201409 272.038 98.500 296.066
201412 274.041 97.900 300.073
201503 279.543 97.900 306.098
201506 292.049 98.400 318.167
201509 295.881 98.500 322.015
201512 304.285 98.100 332.511
201603 313.890 97.900 343.708
201606 322.474 98.100 352.387
201609 328.464 98.000 359.299
201612 341.063 98.400 371.565
201703 351.119 98.100 383.690
201706 369.177 98.500 401.785
201709 381.784 98.800 414.243
201712 396.996 99.400 428.149
201803 412.429 99.200 445.689
201806 422.886 99.200 456.990
201809 438.853 99.900 470.921
201812 454.596 99.700 488.793
201903 472.670 99.700 508.227
201906 489.172 99.800 525.443
201909 499.177 100.100 534.583
201912 509.176 100.500 543.121
202003 522.806 100.300 558.772
202006 483.771 99.900 519.122
202009 511.236 99.900 548.594
202012 543.940 99.300 587.214
202103 557.262 99.900 597.983
202106 551.350 99.500 594.017
202109 557.822 100.100 597.388
202112 603.689 100.100 646.508
202203 606.276 101.100 642.856
202206 631.940 101.800 665.461
202209 654.126 103.100 680.139
202212 681.467 104.100 701.760
202303 706.724 104.400 725.678
202306 695.018 105.200 708.231
202309 717.876 106.200 724.636
202312 749.655 106.800 752.463
202403 783.339 107.200 783.339

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.


Monogatari  (TSE:3097) 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.


Monogatari Cyclically Adjusted PB Ratio Related Terms

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


Monogatari (TSE:3097) Business Description

Traded in Other Exchanges
N/A
Address
5-7-11 Nishiiwata, Aichi Prefecture, Yubinbango, Toyohashi, JPN, 440 0831
Monogatari Corp is a Japanese company mainly engaged in the business of direct operation of restaurants and the management of franchise chains. The company operates stores in Japan and other countries. It offers okonomiyaki, grilled meat, noodles and other food items.

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