GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Resol Holdings Co Ltd (TSE:5261) » Definitions » Cyclically Adjusted PB Ratio

Resol Holdings Co (TSE:5261) Cyclically Adjusted PB Ratio : 2.07 (As of Jun. 08, 2024)


View and export this data going back to 1949. Start your Free Trial

What is Resol Holdings Co Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Resol Holdings Co's current share price is 円4820.00. Resol Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円2,330.71. Resol Holdings Co's Cyclically Adjusted PB Ratio for today is 2.07.

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

TSE:5261' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.56   Med: 2.13   Max: 2.62
Current: 2.09

During the past years, Resol Holdings Co's highest Cyclically Adjusted PB Ratio was 2.62. The lowest was 1.56. And the median was 2.13.

TSE:5261's Cyclically Adjusted PB Ratio is ranked worse than
63.43% of 618 companies
in the Travel & Leisure industry
Industry Median: 1.385 vs TSE:5261: 2.09

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.

Resol Holdings Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円2,715.984. 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2,330.71 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Resol Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Resol Holdings 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.

Resol Holdings Co Cyclically Adjusted PB Ratio Chart

Resol Holdings Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.16 1.74 2.07 2.11 2.16

Resol Holdings Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.09 2.16 2.13 2.10 2.41

Competitive Comparison of Resol Holdings Co's Cyclically Adjusted PB Ratio

For the Resorts & Casinos subindustry, Resol Holdings 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.


Resol Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Resol Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Resol Holdings 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4820.00/2330.71
=2.07

* 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.

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

For example, Resol Holdings 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)
=2715.984/106.8000*106.8000
=2,715.984

Current CPI (Dec. 2023) = 106.8000.

Resol Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,665.459 95.700 1,858.631
201406 1,657.986 98.000 1,806.866
201409 1,686.064 98.500 1,828.138
201412 1,748.754 97.900 1,907.732
201503 1,788.322 97.900 1,950.897
201506 1,764.979 98.400 1,915.648
201509 1,903.713 98.500 2,064.127
201512 1,912.631 98.100 2,082.253
201603 1,941.761 97.900 2,118.285
201606 1,900.647 98.100 2,069.206
201609 2,025.112 98.000 2,206.959
201612 1,990.200 98.400 2,160.095
201703 2,131.329 98.100 2,320.346
201706 2,086.985 98.500 2,262.843
201709 2,184.819 98.800 2,361.727
201712 2,130.524 99.400 2,289.134
201803 2,335.922 99.200 2,514.884
201806 2,325.579 99.200 2,503.748
201809 2,285.855 99.900 2,443.737
201812 2,293.610 99.700 2,456.946
201903 2,435.078 99.700 2,608.489
201906 2,341.758 99.800 2,506.010
201909 2,304.190 100.100 2,458.417
201912 2,452.947 100.500 2,606.714
202003 2,385.406 100.300 2,539.994
202006 2,158.461 99.900 2,307.544
202009 2,001.914 99.900 2,140.184
202012 2,536.258 99.300 2,727.818
202103 2,405.757 99.900 2,571.920
202106 2,212.918 99.500 2,375.273
202109 2,179.986 100.100 2,325.899
202112 2,156.494 100.100 2,300.835
202203 2,422.662 101.100 2,559.251
202206 2,516.799 101.800 2,640.414
202209 2,473.414 103.100 2,562.179
202212 2,464.744 104.100 2,528.671
202303 2,430.349 104.400 2,486.219
202306 2,501.182 105.200 2,539.223
202309 2,590.455 106.200 2,605.090
202312 2,715.984 106.800 2,715.984

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.


Resol Holdings Co  (TSE:5261) 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.


Resol Holdings Co Cyclically Adjusted PB Ratio Related Terms

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


Resol Holdings Co (TSE:5261) Business Description

Traded in Other Exchanges
N/A
Address
6-24-1 Nishi-Shinjuku, Tokyo, JPN, 160-0023
Resol Holdings Co Ltd provides property management in Japan. The company provides resort and hotel facilities, golf course, and pet and Spa services.

Resol Holdings Co (TSE:5261) Headlines

No Headlines