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KeePer Technical Laboratory Co (TSE:6036) Cyclically Adjusted PB Ratio : 17.69 (As of Jun. 10, 2024)


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What is KeePer Technical Laboratory Co Cyclically Adjusted PB Ratio?

As of today (2024-06-10), KeePer Technical Laboratory Co's current share price is 円3810.00. KeePer Technical Laboratory Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円215.40. KeePer Technical Laboratory Co's Cyclically Adjusted PB Ratio for today is 17.69.

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

TSE:6036' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 17.43   Med: 18.13   Max: 20.61
Current: 17.69

During the past years, KeePer Technical Laboratory Co's highest Cyclically Adjusted PB Ratio was 20.61. The lowest was 17.43. And the median was 18.13.

TSE:6036's Cyclically Adjusted PB Ratio is ranked worse than
97.75% of 1202 companies
in the Chemicals industry
Industry Median: 1.7 vs TSE:6036: 17.69

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.

KeePer Technical Laboratory Co's adjusted book value per share data for the three months ended in Mar. 2024 was 円477.127. 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215.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


KeePer Technical Laboratory Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for KeePer Technical Laboratory 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.

KeePer Technical Laboratory Co Cyclically Adjusted PB Ratio Chart

KeePer Technical Laboratory Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
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KeePer Technical Laboratory 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 - - - - 23.03

Competitive Comparison of KeePer Technical Laboratory Co's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, KeePer Technical Laboratory 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.


KeePer Technical Laboratory Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, KeePer Technical Laboratory Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



KeePer Technical Laboratory 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.

KeePer Technical Laboratory Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3810.00/215.4
=17.69

* 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.

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

For example, KeePer Technical Laboratory 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)
=477.127/107.2000*107.2000
=477.127

Current CPI (Mar. 2024) = 107.2000.

KeePer Technical Laboratory Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 42.881 98.000 46.907
201409 0.000 98.500 0.000
201412 44.660 97.900 48.902
201503 97.801 97.900 107.092
201506 98.994 98.400 107.847
201509 100.532 98.500 109.411
201512 108.906 98.100 119.008
201603 120.293 97.900 131.720
201606 126.953 98.100 138.729
201609 117.088 98.000 128.080
201612 131.764 98.400 143.548
201703 133.355 98.100 145.725
201706 139.091 98.500 151.376
201709 139.087 98.800 150.912
201712 150.796 99.400 162.629
201803 149.393 99.200 161.441
201806 154.877 99.200 167.367
201809 155.020 99.900 166.348
201812 169.624 99.700 182.384
201903 171.471 99.700 184.370
201906 180.341 99.800 193.713
201909 180.764 100.100 193.585
201912 194.697 100.500 207.677
202003 197.868 100.300 211.480
202006 206.254 99.900 221.326
202009 215.192 99.900 230.917
202012 241.963 99.300 261.213
202103 253.782 99.900 272.327
202106 204.051 99.500 219.842
202109 201.682 100.100 215.987
202112 240.407 100.100 257.459
202203 259.440 101.100 275.094
202206 294.713 101.800 310.346
202209 293.302 103.100 304.966
202212 340.228 104.100 350.360
202303 365.425 104.400 375.226
202306 408.767 105.200 416.538
202309 395.046 106.200 398.766
202312 450.985 106.800 452.674
202403 477.127 107.200 477.127

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.


KeePer Technical Laboratory Co  (TSE:6036) 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.


KeePer Technical Laboratory Co Cyclically Adjusted PB Ratio Related Terms

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


KeePer Technical Laboratory Co (TSE:6036) Business Description

Traded in Other Exchanges
N/A
Address
4-17, Yoshikawa-cho, Obu-shi, Aichi Prefecture, Obu, JPN, 474-0046
KeePer Technical Laboratory Co Ltd engages in the development, manufacture and sale of car coating products. The firm provides chemicals and equipment for car coating and operates car coating shop. It engages in development of "Keeper PROSHOP" certified car coating technology shops and management of "Keeper LABO" car coating and car wash specialty shops.

KeePer Technical Laboratory Co (TSE:6036) Headlines

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