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Komatsu Matere Co (TSE:3580) Cyclically Adjusted PB Ratio : 0.84 (As of Jun. 02, 2024)


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What is Komatsu Matere Co Cyclically Adjusted PB Ratio?

As of today (2024-06-02), Komatsu Matere Co's current share price is 円735.00. Komatsu Matere Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円872.81. Komatsu Matere Co's Cyclically Adjusted PB Ratio for today is 0.84.

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

TSE:3580' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.07   Max: 1.87
Current: 0.84

During the past years, Komatsu Matere Co's highest Cyclically Adjusted PB Ratio was 1.87. The lowest was 0.75. And the median was 1.07.

TSE:3580's Cyclically Adjusted PB Ratio is ranked better than
59.95% of 764 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.08 vs TSE:3580: 0.84

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.

Komatsu Matere Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円925.548. 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872.81 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Komatsu Matere Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Komatsu Matere 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.

Komatsu Matere Co Cyclically Adjusted PB Ratio Chart

Komatsu Matere Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 0.95 1.24 1.74 0.82

Komatsu Matere Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.92 0.82 0.79 0.86 0.92

Competitive Comparison of Komatsu Matere Co's Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, Komatsu Matere 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.


Komatsu Matere Co's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Komatsu Matere 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.

Komatsu Matere Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=735.00/872.81
=0.84

* 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.

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

For example, Komatsu Matere Co'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)
=925.548/106.8000*106.8000
=925.548

Current CPI (Dec. 2023) = 106.8000.

Komatsu Matere Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 727.924 95.700 812.354
201406 720.870 98.000 785.601
201409 726.943 98.500 788.198
201412 742.032 97.900 809.489
201503 761.831 97.900 831.088
201506 765.615 98.400 830.972
201509 768.699 98.500 833.473
201512 766.223 98.100 834.175
201603 752.097 97.900 820.469
201606 738.151 98.100 803.614
201609 752.541 98.000 820.116
201612 763.357 98.400 828.522
201703 780.001 98.100 849.175
201706 787.754 98.500 854.133
201709 810.945 98.800 876.609
201712 820.003 99.400 881.050
201803 823.090 99.200 886.149
201806 817.409 99.200 880.033
201809 829.167 99.900 886.437
201812 821.088 99.700 879.561
201903 825.663 99.700 884.461
201906 828.833 99.800 886.968
201909 828.996 100.100 884.483
201912 839.205 100.500 891.812
202003 809.353 100.300 861.804
202006 814.015 99.900 870.238
202009 815.297 99.900 871.609
202012 837.949 99.300 901.238
202103 855.764 99.900 914.871
202106 858.231 99.500 921.197
202109 871.753 100.100 930.102
202112 866.762 100.100 924.777
202203 876.329 101.100 925.736
202206 880.934 101.800 924.202
202209 890.970 103.100 922.945
202212 886.089 104.100 909.071
202303 893.772 104.400 914.318
202306 904.948 105.200 918.711
202309 931.948 106.200 937.213
202312 925.548 106.800 925.548

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.


Komatsu Matere Co  (TSE:3580) 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.


Komatsu Matere Co Cyclically Adjusted PB Ratio Related Terms

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


Komatsu Matere Co (TSE:3580) Business Description

Traded in Other Exchanges
N/A
Address
167 Hama-machi, Nomi, JPN, 929-0124
Komatsu Seiren Co Ltd is engaged in the production and distribution of clothing fabric, material fabric, and advanced material. The products of the company are used in the clothing industry, automotive interior industry, home interior, and ceramics industry.

Komatsu Matere Co (TSE:3580) Headlines

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