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JCR Pharmaceuticals Co (TSE:4552) Cyclically Adjusted PB Ratio : 1.92 (As of Jun. 06, 2024)


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What is JCR Pharmaceuticals Co Cyclically Adjusted PB Ratio?

As of today (2024-06-06), JCR Pharmaceuticals Co's current share price is 円567.00. JCR Pharmaceuticals Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円295.38. JCR Pharmaceuticals Co's Cyclically Adjusted PB Ratio for today is 1.92.

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

TSE:4552' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.91   Med: 8.22   Max: 17.23
Current: 1.94

During the past years, JCR Pharmaceuticals Co's highest Cyclically Adjusted PB Ratio was 17.23. The lowest was 1.91. And the median was 8.22.

TSE:4552's Cyclically Adjusted PB Ratio is ranked worse than
50.82% of 730 companies
in the Drug Manufacturers industry
Industry Median: 1.885 vs TSE:4552: 1.94

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.

JCR Pharmaceuticals Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円445.926. 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295.38 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


JCR Pharmaceuticals Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for JCR Pharmaceuticals 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.

JCR Pharmaceuticals Co Cyclically Adjusted PB Ratio Chart

JCR Pharmaceuticals Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.14 16.28 9.33 5.20 -

JCR Pharmaceuticals 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 5.20 4.55 5.19 3.97 -

Competitive Comparison of JCR Pharmaceuticals Co's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - General subindustry, JCR Pharmaceuticals 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.


JCR Pharmaceuticals Co's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

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

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



JCR Pharmaceuticals 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.

JCR Pharmaceuticals Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=567.00/295.38
=1.92

* 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.

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

For example, JCR Pharmaceuticals 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)
=445.926/106.8000*106.8000
=445.926

Current CPI (Dec. 2023) = 106.8000.

JCR Pharmaceuticals Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 193.311 95.700 215.733
201406 194.773 98.000 212.263
201409 197.152 98.500 213.765
201412 199.425 97.900 217.555
201503 205.936 97.900 224.657
201506 206.935 98.400 224.600
201509 211.692 98.500 229.530
201512 213.820 98.100 232.783
201603 212.741 97.900 232.081
201606 207.711 98.100 226.132
201609 211.200 98.000 230.165
201612 213.295 98.400 231.503
201703 218.363 98.100 237.729
201706 219.361 98.500 237.845
201709 215.645 98.800 233.106
201712 218.313 99.400 234.566
201803 222.251 99.200 239.278
201806 221.617 99.200 238.596
201809 231.631 99.900 247.630
201812 233.046 99.700 249.642
201903 249.048 99.700 266.784
201906 246.824 99.800 264.136
201909 252.344 100.100 269.234
201912 256.410 100.500 272.483
202003 262.648 100.300 279.669
202006 264.903 99.900 283.200
202009 269.874 99.900 288.514
202012 281.478 99.300 302.738
202103 310.472 99.900 331.916
202106 314.849 99.500 337.948
202109 378.716 100.100 404.065
202112 398.495 100.100 425.167
202203 411.136 101.100 434.316
202206 410.142 101.800 430.286
202209 409.019 103.100 423.698
202212 420.453 104.100 431.358
202303 418.037 104.400 427.647
202306 422.421 105.200 428.846
202309 455.632 106.200 458.206
202312 445.926 106.800 445.926

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.


JCR Pharmaceuticals Co  (TSE:4552) 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.


JCR Pharmaceuticals Co Cyclically Adjusted PB Ratio Related Terms

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


JCR Pharmaceuticals Co (TSE:4552) Business Description

Traded in Other Exchanges
Address
3-19 Kasuga-cho, Ashiya, Hyogo, JPN, 659-0021
JCR Pharmaceuticals Co Ltd is a major drug manufacturing company proactively engaged in the research of enzymes and proteins. The company maintains a focus toward developing value-added treatment options to address unmet medical needs. JCR utilizes international partnerships as a component of its growth strategy. The vast majority of JCR's revenue is generated from its pharmaceutical operations, followed by medical devices and laboratory equipment. A portion of the company's sales are derived from licensing agreements.

JCR Pharmaceuticals Co (TSE:4552) Headlines

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