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Japan Wool Textile Co (TSE:3201) Cyclically Adjusted PB Ratio : 0.98 (As of Jun. 10, 2024)


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What is Japan Wool Textile Co Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Japan Wool Textile Co's current share price is 円1311.00. Japan Wool Textile Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円1,342.35. Japan Wool Textile Co's Cyclically Adjusted PB Ratio for today is 0.98.

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

TSE:3201' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 0.88   Max: 1.13
Current: 0.98

During the past years, Japan Wool Textile Co's highest Cyclically Adjusted PB Ratio was 1.13. The lowest was 0.70. And the median was 0.88.

TSE:3201's Cyclically Adjusted PB Ratio is ranked better than
52.39% of 838 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.06 vs TSE:3201: 0.98

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.

Japan Wool Textile Co's adjusted book value per share data for the three months ended in Feb. 2024 was 円1,668.219. 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1,342.35 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Japan Wool Textile Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Japan Wool Textile 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.

Japan Wool Textile Co Cyclically Adjusted PB Ratio Chart

Japan Wool Textile Co Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 0.96 0.73 0.81 0.97

Japan Wool Textile 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 0.78 0.76 0.96 0.97 1.02

Competitive Comparison of Japan Wool Textile Co's Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, Japan Wool Textile 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.


Japan Wool Textile Co's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Japan Wool Textile Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Japan Wool Textile Co's Cyclically Adjusted PB Ratio falls into.



Japan Wool Textile 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.

Japan Wool Textile Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1311.00/1342.35
=0.98

* 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.

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

For example, Japan Wool Textile 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)
=1668.219/106.9000*106.9000
=1,668.219

Current CPI (Feb. 2024) = 106.9000.

Japan Wool Textile Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 1,015.284 98.100 1,106.359
201408 1,023.546 98.300 1,113.093
201411 1,036.052 97.900 1,131.297
201502 1,034.441 97.600 1,133.010
201505 1,087.943 98.700 1,178.329
201508 1,090.240 98.400 1,184.417
201511 1,095.883 98.100 1,194.189
201602 1,083.180 97.800 1,183.967
201605 1,102.152 98.200 1,199.797
201608 1,098.500 97.900 1,199.486
201611 1,101.821 98.600 1,194.571
201702 1,153.869 98.100 1,257.376
201705 1,171.963 98.600 1,270.617
201708 1,184.481 98.500 1,285.493
201711 1,194.311 99.100 1,288.313
201802 1,201.639 99.500 1,291.007
201805 1,212.477 99.300 1,305.275
201808 1,209.796 99.800 1,295.864
201811 1,212.657 100.000 1,296.330
201902 1,196.728 99.700 1,283.152
201905 1,208.806 100.000 1,292.214
201908 1,225.244 100.000 1,309.786
201911 1,264.315 100.500 1,344.829
202002 1,263.085 100.300 1,346.199
202005 1,256.432 100.100 1,341.784
202008 1,267.844 100.100 1,353.971
202011 1,310.000 99.500 1,407.427
202102 1,321.191 99.800 1,415.184
202105 1,316.060 99.400 1,415.360
202108 1,324.021 99.700 1,419.637
202111 1,397.986 100.100 1,492.954
202202 1,410.671 100.700 1,497.525
202205 1,450.089 101.800 1,522.736
202208 1,480.061 102.700 1,540.589
202211 1,508.298 103.900 1,551.848
202302 1,526.588 104.000 1,569.156
202305 1,545.529 105.100 1,571.999
202308 1,587.253 105.900 1,602.241
202311 1,638.569 106.900 1,638.569
202402 1,668.219 106.900 1,668.219

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.


Japan Wool Textile Co  (TSE:3201) 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.


Japan Wool Textile Co Cyclically Adjusted PB Ratio Related Terms

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


Japan Wool Textile Co (TSE:3201) Business Description

Traded in Other Exchanges
N/A
Address
3-3-10 Kawara-machi, Chuo-ku, Osaka, JPN, 541-0048
Japan Wool Textile Co Ltd is a Japanese fabrics and clothing manufacturer. The company operates through four segments. The clothing textiles segment generates the most revenue through provision of yarns, treads, uniforms, fashion materials, and fire-resistant clothes. The human and future development segment, which is almost as large at the textiles division, provides nursing care facilities, shopping centres, sports centres and plazas. The industrial equipment segment develops, manufactures and sells industrial machinery as well as electronic devices and energy related systems, and wholesales of materials such as wool, synthetic fibres, strings carpets. The lifestyle distribution segment provides bedding products, ballroom dance dresses, sundries, harnesses, and equestrian products.

Japan Wool Textile Co (TSE:3201) Headlines

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