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USS Co (TSE:4732) Cyclically Adjusted PB Ratio : 3.48 (As of May. 26, 2024)


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What is USS Co Cyclically Adjusted PB Ratio?

As of today (2024-05-26), USS Co's current share price is 円1251.50. USS Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円359.83. USS Co's Cyclically Adjusted PB Ratio for today is 3.48.

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

TSE:4732' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.51   Med: 3.59   Max: 5.13
Current: 3.48

During the past years, USS Co's highest Cyclically Adjusted PB Ratio was 5.13. The lowest was 2.51. And the median was 3.59.

TSE:4732's Cyclically Adjusted PB Ratio is ranked worse than
81.83% of 941 companies
in the Vehicles & Parts industry
Industry Median: 1.29 vs TSE:4732: 3.48

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.

USS Co's adjusted book value per share data for the three months ended in Mar. 2024 was 円408.969. 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359.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


USS Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for USS 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.

USS Co Cyclically Adjusted PB Ratio Chart

USS 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 2.62 3.65 3.27 3.39 3.48

USS 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 3.39 3.45 3.53 3.99 3.48

Competitive Comparison of USS Co's Cyclically Adjusted PB Ratio

For the Auto & Truck Dealerships subindustry, USS 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.


USS Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, USS Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



USS 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1251.50/359.83
=3.48

* 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.

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

For example, USS 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)
=408.969/107.2000*107.2000
=408.969

Current CPI (Mar. 2024) = 107.2000.

USS Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 255.416 98.000 279.394
201409 265.277 98.500 288.708
201412 266.413 97.900 291.721
201503 277.252 97.900 303.590
201506 278.880 98.400 303.820
201509 289.667 98.500 315.252
201512 289.516 98.100 316.372
201603 299.086 97.900 327.498
201606 285.592 98.100 312.084
201609 295.453 98.000 323.189
201612 294.751 98.400 321.111
201703 311.708 98.100 340.623
201706 312.037 98.500 339.598
201709 323.713 98.800 351.235
201712 323.804 99.400 349.213
201803 336.732 99.200 363.888
201806 337.239 99.200 364.436
201809 349.126 99.900 374.638
201812 348.876 99.700 375.120
201903 359.815 99.700 386.882
201906 352.644 99.800 378.792
201909 361.458 100.100 387.096
201912 361.053 100.500 385.123
202003 365.549 100.300 390.696
202006 358.115 99.900 384.284
202009 371.215 99.900 398.341
202012 371.294 99.300 400.833
202103 344.607 99.900 369.788
202106 345.907 99.500 372.676
202109 360.609 100.100 386.187
202112 357.035 100.100 382.359
202203 367.738 101.100 389.926
202206 361.889 101.800 381.085
202209 376.602 103.100 391.578
202212 374.683 104.100 385.841
202303 391.384 104.400 401.881
202306 374.332 105.200 381.449
202309 391.396 106.200 395.081
202312 391.258 106.800 392.723
202403 408.969 107.200 408.969

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.


USS Co  (TSE:4732) 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.


USS Co Cyclically Adjusted PB Ratio Related Terms

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


USS Co (TSE:4732) Business Description

Traded in Other Exchanges
Address
507-20 Shinpo-Machi, Tokai-shi, Aichi Prefecture, JPN, 476-0005
USS is a Japanese company involved in managing used-vehicle auctions. It has two segments: the auction business (purchasing and selling used vehicles) and the environment-related business. The auction business distributes used vehicles by organizing auctions. The on-site auctions are held in 17 locations across the local market, satellite auctions, and Internet auctions. The recycling business scraps unsold vehicles to recycle them as rebuilt auto parts, raw materials, or solid fuel.

USS Co (TSE:4732) Headlines

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