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Recruit Holdings Co (TSE:6098) Cyclically Adjusted PB Ratio : 11.06 (As of May. 23, 2024)


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What is Recruit Holdings Co Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Recruit Holdings Co's current share price is 円7770.00. Recruit Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円702.76. Recruit Holdings Co's Cyclically Adjusted PB Ratio for today is 11.06.

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

TSE:6098' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 8.59   Med: 9.37   Max: 11.12
Current: 11.12

During the past years, Recruit Holdings Co's highest Cyclically Adjusted PB Ratio was 11.12. The lowest was 8.59. And the median was 9.37.

TSE:6098's Cyclically Adjusted PB Ratio is ranked worse than
95.61% of 296 companies
in the Interactive Media industry
Industry Median: 1.62 vs TSE:6098: 11.12

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.

Recruit Holdings Co's adjusted book value per share data for the three months ended in Mar. 2024 was 円1,295.397. 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702.76 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Recruit Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Recruit 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.

Recruit Holdings Co Cyclically Adjusted PB Ratio Chart

Recruit Holdings 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 - - - - 9.51

Recruit Holdings 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 - - - 8.81 9.51

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

For the Internet Content & Information subindustry, Recruit 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.


Recruit Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Recruit Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Recruit 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7770.00/702.76
=11.06

* 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.

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

For example, Recruit Holdings 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)
=1295.397/107.2000*107.2000
=1,295.397

Current CPI (Mar. 2024) = 107.2000.

Recruit Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 98.000 0.000
201409 327.826 98.500 356.781
201412 413.705 97.900 453.005
201503 443.210 97.900 485.313
201506 441.159 98.400 480.612
201509 450.527 98.500 490.320
201512 453.752 98.100 495.843
201603 391.778 97.900 428.995
201606 422.708 98.100 461.919
201609 405.005 98.000 443.026
201612 415.818 98.400 453.005
201703 441.508 98.100 482.463
201706 435.162 98.500 473.598
201709 480.486 98.800 521.337
201712 500.260 99.400 539.516
201803 500.198 99.200 540.537
201806 523.243 99.200 565.440
201809 559.525 99.900 600.411
201812 561.549 99.700 603.792
201903 578.038 99.700 621.521
201906 585.523 99.800 628.939
201909 611.009 100.100 654.347
201912 602.359 100.500 642.516
202003 599.645 100.300 640.897
202006 602.066 99.900 646.061
202009 634.607 99.900 680.980
202012 644.641 99.300 695.927
202103 667.954 99.900 716.763
202106 713.172 99.500 768.362
202109 769.880 100.100 824.487
202112 827.713 100.100 886.422
202203 847.450 101.100 898.582
202206 967.899 101.800 1,019.241
202209 1,069.100 103.100 1,111.615
202212 980.866 104.100 1,010.075
202303 1,030.327 104.400 1,057.960
202306 1,176.110 105.200 1,198.470
202309 1,262.771 106.200 1,274.661
202312 1,253.921 106.800 1,258.617
202403 1,295.397 107.200 1,295.397

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.


Recruit Holdings Co  (TSE:6098) 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.


Recruit Holdings Co Cyclically Adjusted PB Ratio Related Terms

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


Recruit Holdings Co (TSE:6098) Business Description

Traded in Other Exchanges
Address
1-9-2 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6640
Recruit Holdings Co Ltd provides HR technology and business solutions that expand economic and personal opportunities for people everywhere. With key subsidiaries including Indeed, Glassdoor, and its worldwide staffing business, Recruit aims to simplify hiring through a two-sided talent marketplace that drives meaningful connections between job seekers and employers. The firm also operates a media and solutions business within Japan focused on helping businesses work smarter through online advertising services, job platforms and cloud-based SaaS solutions. With a presence in more than 60 countries, Recruit is committed to transformative sustainability practices that leverage its strength in employment to drive positive impact on society and the planet.

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