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BroadBand Tower (TSE:3776) Cyclically Adjusted PB Ratio : 1.48 (As of Jun. 10, 2024)


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What is BroadBand Tower Cyclically Adjusted PB Ratio?

As of today (2024-06-10), BroadBand Tower's current share price is 円226.00. BroadBand Tower's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円153.16. BroadBand Tower's Cyclically Adjusted PB Ratio for today is 1.48.

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

TSE:3776' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.46   Max: 3.63
Current: 1.48

During the past years, BroadBand Tower's highest Cyclically Adjusted PB Ratio was 3.63. The lowest was 0.76. And the median was 1.46.

TSE:3776's Cyclically Adjusted PB Ratio is ranked worse than
50.87% of 287 companies
in the Telecommunication Services industry
Industry Median: 1.49 vs TSE:3776: 1.48

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.

BroadBand Tower's adjusted book value per share data for the three months ended in Mar. 2024 was 円136.865. 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153.16 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BroadBand Tower Cyclically Adjusted PB Ratio Historical Data

The historical data trend for BroadBand Tower'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.

BroadBand Tower Cyclically Adjusted PB Ratio Chart

BroadBand Tower Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.87 2.37 1.37 1.09 0.85

BroadBand Tower 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 0.98 0.96 0.93 0.85 1.24

Competitive Comparison of BroadBand Tower's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, BroadBand Tower'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.


BroadBand Tower's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, BroadBand Tower's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



BroadBand Tower 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.

BroadBand Tower's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=226.00/153.16
=1.48

* 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.

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

For example, BroadBand Tower'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)
=136.865/107.2000*107.2000
=136.865

Current CPI (Mar. 2024) = 107.2000.

BroadBand Tower Quarterly Data

Book Value per Share CPI Adj_Book
201406 127.472 98.000 139.439
201409 126.861 98.500 138.066
201412 129.390 97.900 141.681
201503 129.138 97.900 141.405
201506 146.241 98.400 159.319
201509 154.474 98.500 168.118
201512 154.451 98.100 168.778
201603 151.626 97.900 166.030
201606 150.070 98.100 163.991
201609 147.985 98.000 161.877
201612 151.658 98.400 165.221
201703 151.559 98.100 165.618
201706 158.166 98.500 172.136
201709 147.744 98.800 160.305
201712 147.600 99.400 159.182
201803 142.102 99.200 153.562
201806 136.981 99.200 148.028
201809 148.733 99.900 159.601
201812 140.415 99.700 150.978
201903 138.789 99.700 149.229
201906 145.174 99.800 155.938
201909 144.369 100.100 154.609
201912 138.048 100.500 147.251
202003 140.889 100.300 150.581
202006 142.219 99.900 152.611
202009 142.286 99.900 152.683
202012 141.491 99.300 152.748
202103 143.622 99.900 154.117
202106 143.214 99.500 154.297
202109 140.040 100.100 149.973
202112 158.329 100.100 169.559
202203 154.803 101.100 164.143
202206 152.185 101.800 160.258
202209 149.440 103.100 155.383
202212 134.280 104.100 138.279
202303 132.821 104.400 136.383
202306 135.688 105.200 138.268
202309 132.509 106.200 133.757
202312 135.765 106.800 136.273
202403 136.865 107.200 136.865

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.


BroadBand Tower  (TSE:3776) 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.


BroadBand Tower Cyclically Adjusted PB Ratio Related Terms

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


BroadBand Tower (TSE:3776) Business Description

Traded in Other Exchanges
N/A
Address
4-2-6 Akasaka, Tokyo, JPN
BroadBand Tower, Inc. is a Japan-based company engaged in the provision of internet services. The company offers various services such as portal and e-commerce sites, video distribution sites, and social media and others. It operates through two businesses namely computer platform and fashion industry platform. The computer platform business includes data center and cloud services, storage products, and the internet of things. Its fashion industry platform business provides electronic-commerce support services, apparel planning, manufacturing and marketing and television shopping support services.

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