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Edia Co (TSE:3935) Cyclically Adjusted PB Ratio : (As of May. 24, 2024)


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What is Edia Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Edia Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Edia 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.

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Edia Co Cyclically Adjusted PB Ratio Chart

Edia Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PB Ratio
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Edia Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Competitive Comparison of Edia Co's Cyclically Adjusted PB Ratio

For the Electronic Gaming & Multimedia subindustry, Edia 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.


Edia Co's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Edia Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Edia 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.

Edia Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Feb24 is calculated as:

For example, Edia Co's adjusted Book Value per Share data for the fiscal year that ended in Feb24 was:

Adj_Book=Book Value per Share/CPI of Feb24 (Change)*Current CPI (Feb24)
=162.504/106.9000*106.9000
=162.504

Current CPI (Feb24) = 106.9000.

Edia Co Annual Data

Book Value per Share CPI Adj_Book
201502 100.765 97.600 110.367
201602 154.949 97.800 169.367
201702 213.592 98.100 232.752
201802 204.262 99.500 219.453
201902 93.706 99.700 100.473
202002 137.074 100.300 146.094
202102 124.019 99.800 132.842
202202 141.820 100.700 150.552
202302 161.910 104.000 166.425
202402 162.504 106.900 162.504

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.


Edia Co  (TSE:3935) 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.


Edia Co Cyclically Adjusted PB Ratio Related Terms

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Edia Co (TSE:3935) Business Description

Traded in Other Exchanges
N/A
Address
Hitotsubashi, Chiyoda-ku, 2-4-3 Hikaribun Kosan building, 7th Floor, Tokyo, JPN, 101-0003
Edia Co Ltd is a specialized content provider. It is engaged in the planning, development, and management of game and digital contents for mobile. It provides solutions for mobile phones, smartphones, portable game machines, and portable navigation systems.

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