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Torii Pharmaceutical Co (TSE:4551) Cyclically Adjusted PB Ratio : 1.00 (As of Jun. 04, 2024)


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What is Torii Pharmaceutical Co Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Torii Pharmaceutical Co's current share price is 円3800.00. Torii Pharmaceutical Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円3,818.55. Torii Pharmaceutical Co's Cyclically Adjusted PB Ratio for today is 1.00.

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

TSE:4551' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 0.94   Max: 1.23
Current: 0.99

During the past years, Torii Pharmaceutical Co's highest Cyclically Adjusted PB Ratio was 1.23. The lowest was 0.71. And the median was 0.94.

TSE:4551's Cyclically Adjusted PB Ratio is ranked better than
72.93% of 724 companies
in the Drug Manufacturers industry
Industry Median: 1.875 vs TSE:4551: 0.99

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.

Torii Pharmaceutical Co's adjusted book value per share data for the three months ended in Mar. 2024 was 円4,235.515. 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3,818.55 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Torii Pharmaceutical Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Torii Pharmaceutical 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.

Torii Pharmaceutical Co Cyclically Adjusted PB Ratio Chart

Torii Pharmaceutical Co Annual Data
Trend Mar14 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 1.00 1.02 0.87 0.82 0.94

Torii Pharmaceutical 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 0.88 0.99 1.04 0.94 1.07

Competitive Comparison of Torii Pharmaceutical Co's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Torii Pharmaceutical 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.


Torii Pharmaceutical Co's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Torii Pharmaceutical Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Torii Pharmaceutical 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.

Torii Pharmaceutical Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3800.00/3818.55
=1.00

* 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.

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

For example, Torii Pharmaceutical 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)
=4235.515/107.2000*107.2000
=4,235.515

Current CPI (Mar. 2024) = 107.2000.

Torii Pharmaceutical Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2,785.979 98.000 3,047.520
201409 2,812.515 98.500 3,060.930
201412 2,834.735 97.900 3,104.020
201503 2,836.431 97.900 3,105.877
201506 2,880.035 98.400 3,137.599
201509 2,880.389 98.500 3,134.799
201512 2,926.678 98.100 3,198.164
201603 2,927.067 97.900 3,205.123
201606 2,948.940 98.100 3,222.491
201609 2,935.371 98.000 3,210.936
201612 2,978.894 98.400 3,245.299
201703 2,967.735 98.100 3,243.029
201706 3,019.430 98.500 3,286.121
201709 3,031.302 98.800 3,289.024
201712 3,105.886 99.400 3,349.607
201803 3,100.610 99.200 3,350.659
201806 3,138.828 99.200 3,391.959
201809 3,143.891 99.900 3,373.625
201812 3,104.995 99.700 3,338.570
201903 4,106.278 99.700 4,415.176
201906 4,023.388 99.800 4,321.715
201909 4,009.840 100.100 4,294.254
201912 4,029.529 100.500 4,298.164
202003 4,029.992 100.300 4,307.230
202006 4,064.651 99.900 4,361.668
202009 4,067.073 99.900 4,364.267
202012 4,097.736 99.300 4,423.739
202103 4,088.371 99.900 4,387.121
202106 4,114.861 99.500 4,433.297
202109 4,126.113 100.100 4,418.774
202112 4,165.237 100.100 4,460.673
202203 4,171.466 101.100 4,423.157
202206 4,200.513 101.800 4,423.330
202209 4,209.874 103.100 4,377.289
202212 4,242.998 104.100 4,369.350
202303 4,166.234 104.400 4,277.972
202306 4,223.104 105.200 4,303.391
202309 4,220.577 106.200 4,260.319
202312 4,274.369 106.800 4,290.378
202403 4,235.515 107.200 4,235.515

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.


Torii Pharmaceutical Co  (TSE:4551) 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.


Torii Pharmaceutical Co Cyclically Adjusted PB Ratio Related Terms

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Torii Pharmaceutical Co (TSE:4551) Business Description

Traded in Other Exchanges
N/A
Address
Torii Nihonbashi Buildingg, 4-1, Nihonbashi-Honcho, 3-chome, Chuo-ku, Tokyo, JPN, 103-8439
Torii Pharmaceutical Co Ltd is a major drug manufacturing company. The company utilizes strategic partnerships with other pharmaceutical companies in order to combine research and marketing functions. Torii's key therapeutic areas include renal diseases, hemodialysis, HIV, skin diseases, and allergens. The vast majority of the company's net mainstay product sales are derived from the renal diseases and hemodialysis operations, followed by HIV. Torii's places its strategic focus on prompt market penetration and expansion of new products as well as maximizing values of mainstay products in each priority area.

Torii Pharmaceutical Co (TSE:4551) Headlines

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