GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Teikoku Sen-I Co Ltd (TSE:3302) » Definitions » Cyclically Adjusted PB Ratio

Teikoku Sen-I Co (TSE:3302) Cyclically Adjusted PB Ratio : 1.12 (As of May. 26, 2024)


View and export this data going back to 1950. Start your Free Trial

What is Teikoku Sen-I Co Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Teikoku Sen-I Co's current share price is 円2311.00. Teikoku Sen-I Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円2,064.18. Teikoku Sen-I Co's Cyclically Adjusted PB Ratio for today is 1.12.

The historical rank and industry rank for Teikoku Sen-I Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSE:3302' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.36   Max: 2.55
Current: 1.12

During the past years, Teikoku Sen-I Co's highest Cyclically Adjusted PB Ratio was 2.55. The lowest was 0.79. And the median was 1.36.

TSE:3302's Cyclically Adjusted PB Ratio is ranked better than
65.85% of 164 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.855 vs TSE:3302: 1.12

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.

Teikoku Sen-I Co's adjusted book value per share data for the three months ended in Mar. 2024 was 円2,574.994. 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2,064.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Teikoku Sen-I Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Teikoku Sen-I 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.

Teikoku Sen-I Co Cyclically Adjusted PB Ratio Chart

Teikoku Sen-I Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.68 1.56 1.37 0.80 1.00

Teikoku Sen-I Co 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 0.86 0.83 0.96 1.00 1.13

Competitive Comparison of Teikoku Sen-I Co's Cyclically Adjusted PB Ratio

For the Farm & Heavy Construction Machinery subindustry, Teikoku Sen-I 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.


Teikoku Sen-I Co's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Teikoku Sen-I Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Teikoku Sen-I Co's Cyclically Adjusted PB Ratio falls into.



Teikoku Sen-I 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.

Teikoku Sen-I Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2311.00/2064.18
=1.12

* 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.

Teikoku Sen-I Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Teikoku Sen-I Co'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)
=2574.994/107.2000*107.2000
=2,574.994

Current CPI (Mar. 2024) = 107.2000.

Teikoku Sen-I Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,572.620 98.000 1,720.254
201409 1,533.637 98.500 1,669.095
201412 1,575.369 97.900 1,725.021
201503 1,671.550 97.900 1,830.339
201506 1,553.753 98.400 1,692.707
201509 1,564.500 98.500 1,702.684
201512 1,608.503 98.100 1,757.712
201603 1,625.214 97.900 1,779.601
201606 1,615.039 98.100 1,764.854
201609 1,605.739 98.000 1,756.482
201612 1,676.788 98.400 1,826.745
201703 1,700.747 98.100 1,858.513
201706 1,750.041 98.500 1,904.613
201709 1,735.142 98.800 1,882.664
201712 1,871.620 99.400 2,018.488
201803 1,830.279 99.200 1,977.882
201806 1,885.394 99.200 2,037.442
201809 1,861.243 99.900 1,997.250
201812 1,808.435 99.700 1,944.476
201903 1,896.382 99.700 2,039.039
201906 1,790.971 99.800 1,923.768
201909 1,925.488 100.100 2,062.061
201912 2,099.203 100.500 2,239.150
202003 2,035.194 100.300 2,175.202
202006 1,987.723 99.900 2,132.972
202009 1,985.229 99.900 2,130.296
202012 2,089.282 99.300 2,255.499
202103 2,198.406 99.900 2,359.050
202106 2,166.052 99.500 2,333.676
202109 2,179.344 100.100 2,333.923
202112 2,179.281 100.100 2,333.855
202203 2,219.633 101.100 2,353.557
202206 2,153.925 101.800 2,268.180
202209 2,174.914 103.100 2,261.404
202212 2,222.101 104.100 2,288.273
202303 2,264.673 104.400 2,325.411
202306 2,352.426 105.200 2,397.149
202309 2,407.409 106.200 2,430.078
202312 2,493.487 106.800 2,502.826
202403 2,574.994 107.200 2,574.994

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.


Teikoku Sen-I Co  (TSE:3302) 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.


Teikoku Sen-I Co Cyclically Adjusted PB Ratio Related Terms

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


Teikoku Sen-I Co (TSE:3302) Business Description

Traded in Other Exchanges
N/A
Address
5-13, Nihonbashi 2-Chome, Chuo-Ku, Tokyo, JPN
Teikoku Sen-I Co Ltd manufactures and sells disaster prevention products and equipment. It offers disaster prevention products including fire hoses and fire-fighting systems; rescue and special purpose vehicles; rescue and search equipment; and anti-CBRNE terrorism and HazMat equipment consisting of detection, decontamination, protection, monitoring, and other equipment. It also provides firefighting and specialized protective clothing products; industrial rubber goods and tents; and linen yarns and fabrics. The company also offers related equipment all over Japan.

Teikoku Sen-I Co (TSE:3302) Headlines

No Headlines