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Kawasaki Geological Engineering Co (TSE:4673) Cyclically Adjusted PB Ratio : 0.68 (As of Jun. 08, 2024)


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What is Kawasaki Geological Engineering Co Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Kawasaki Geological Engineering Co's current share price is 円2795.00. Kawasaki Geological Engineering Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円4,090.18. Kawasaki Geological Engineering Co's Cyclically Adjusted PB Ratio for today is 0.68.

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

TSE:4673' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.63   Max: 1.39
Current: 0.68

During the past years, Kawasaki Geological Engineering Co's highest Cyclically Adjusted PB Ratio was 1.39. The lowest was 0.40. And the median was 0.63.

TSE:4673's Cyclically Adjusted PB Ratio is ranked better than
69.61% of 1257 companies
in the Construction industry
Industry Median: 1.12 vs TSE:4673: 0.68

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.

Kawasaki Geological Engineering Co's adjusted book value per share data for the three months ended in Feb. 2024 was 円4,872.865. 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4,090.18 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kawasaki Geological Engineering Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kawasaki Geological Engineering 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.

Kawasaki Geological Engineering Co Cyclically Adjusted PB Ratio Chart

Kawasaki Geological Engineering Co Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.67 1.06 0.67 0.64

Kawasaki Geological Engineering Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.60 0.62 0.60 0.64 0.63

Competitive Comparison of Kawasaki Geological Engineering Co's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Kawasaki Geological Engineering 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.


Kawasaki Geological Engineering Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kawasaki Geological Engineering Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kawasaki Geological Engineering 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.

Kawasaki Geological Engineering Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2795.00/4090.18
=0.68

* 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.

Kawasaki Geological Engineering Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Kawasaki Geological Engineering Co's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=4872.865/106.9000*106.9000
=4,872.865

Current CPI (Feb. 2024) = 106.9000.

Kawasaki Geological Engineering Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 3,288.832 98.100 3,583.855
201408 3,193.756 98.300 3,473.169
201411 3,351.289 97.900 3,659.375
201502 3,261.534 97.600 3,572.315
201505 3,450.151 98.700 3,736.790
201508 3,308.339 98.400 3,594.120
201511 3,430.639 98.100 3,738.382
201602 3,277.110 97.800 3,582.035
201605 3,459.330 98.200 3,765.808
201608 3,103.704 97.900 3,389.029
201611 3,392.778 98.600 3,678.377
201702 3,302.009 98.100 3,598.214
201705 3,490.107 98.600 3,783.899
201708 3,379.492 98.500 3,667.692
201711 3,541.423 99.100 3,820.163
201802 3,454.380 99.500 3,711.289
201805 3,682.809 99.300 3,964.676
201808 3,473.328 99.800 3,720.428
201811 3,659.050 100.000 3,911.524
201902 3,431.124 99.700 3,678.908
201905 3,798.580 100.000 4,060.682
201908 3,604.000 100.000 3,852.676
201911 3,788.185 100.500 4,029.423
202002 3,591.386 100.300 3,827.709
202005 3,893.859 100.100 4,158.377
202008 3,823.249 100.100 4,082.970
202011 3,865.595 99.500 4,153.086
202102 4,040.502 99.800 4,327.953
202105 4,376.103 99.400 4,706.292
202108 4,327.553 99.700 4,640.074
202111 4,268.784 100.100 4,558.771
202202 4,471.145 100.700 4,746.429
202205 4,601.419 101.800 4,831.942
202208 4,728.862 102.700 4,922.253
202211 4,643.430 103.900 4,777.504
202302 4,633.737 104.000 4,762.947
202305 4,864.400 105.100 4,947.710
202308 4,834.938 105.900 4,880.594
202311 4,837.058 106.900 4,837.058
202402 4,872.865 106.900 4,872.865

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.


Kawasaki Geological Engineering Co  (TSE:4673) 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.


Kawasaki Geological Engineering Co Cyclically Adjusted PB Ratio Related Terms

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Kawasaki Geological Engineering Co (TSE:4673) Business Description

Traded in Other Exchanges
N/A
Address
2-11-15 Mita Minato-ku, Mita Kawasaki Building, Tokyo, JPN, 108-0073
Kawasaki Geological Engineering Co., Ltd. is a Japan based independent consulting firm on geological engineering in Japan. It provides the geological analysis of the land. The company contributes to the development of infrastructures in governmental and private sectors, as well as in natural resources.

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