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Kamakura Shinsho (TSE:6184) Cyclically Adjusted PB Ratio : 7.98 (As of Jun. 08, 2024)


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What is Kamakura Shinsho Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Kamakura Shinsho's current share price is 円540.00. Kamakura Shinsho's Cyclically Adjusted Book per Share for the fiscal year that ended in Jan24 was 円67.63. Kamakura Shinsho's Cyclically Adjusted PB Ratio for today is 7.98.

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

TSE:6184' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.35   Med: 8.52   Max: 11.19
Current: 8.13

During the past 10 years, Kamakura Shinsho's highest Cyclically Adjusted PB Ratio was 11.19. The lowest was 7.35. And the median was 8.52.

TSE:6184's Cyclically Adjusted PB Ratio is ranked worse than
91.23% of 57 companies
in the Personal Services industry
Industry Median: 1.73 vs TSE:6184: 8.13

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.

Kamakura Shinsho's adjusted book value per share data of for the fiscal year that ended in Jan24 was 円85.001. 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67.63 for the trailing ten years ended in Jan24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kamakura Shinsho Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kamakura Shinsho'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.

Kamakura Shinsho Cyclically Adjusted PB Ratio Chart

Kamakura Shinsho Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 9.30

Kamakura Shinsho Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - - - - 9.30

Competitive Comparison of Kamakura Shinsho's Cyclically Adjusted PB Ratio

For the Personal Services subindustry, Kamakura Shinsho'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.


Kamakura Shinsho's Cyclically Adjusted PB Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Kamakura Shinsho's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kamakura Shinsho 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.

Kamakura Shinsho's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=540.00/67.63
=7.98

* 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.

Kamakura Shinsho's Cyclically Adjusted Book per Share for the fiscal year that ended in Jan24 is calculated as:

For example, Kamakura Shinsho's adjusted Book Value per Share data for the fiscal year that ended in Jan24 was:

Adj_Book=Book Value per Share/CPI of Jan24 (Change)*Current CPI (Jan24)
=85.001/106.9000*106.9000
=85.001

Current CPI (Jan24) = 106.9000.

Kamakura Shinsho Annual Data

Book Value per Share CPI Adj_Book
201501 10.197 97.800 11.146
201601 19.426 97.700 21.255
201701 26.961 98.200 29.350
201801 60.231 99.500 64.710
201901 69.833 99.700 74.876
202001 91.291 100.500 97.105
202101 95.224 99.800 101.998
202201 93.835 100.300 100.010
202301 88.932 104.700 90.801
202401 85.001 106.900 85.001

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.


Kamakura Shinsho  (TSE:6184) 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.


Kamakura Shinsho Cyclically Adjusted PB Ratio Related Terms

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Kamakura Shinsho (TSE:6184) Business Description

Traded in Other Exchanges
N/A
Address
1-6-6 Yaesu, 7th Floor, Yaesu Center Building, Chuo- ku, Tokyo, JPN, 103-0028
Kamakura Shinsho Ltd operates portal sites in Japan. The firm publishes and lectures to communicate knowledge on funerals, altar, tombs, temples. It offers portal sites that gives information on funerals; and responds to various consultations by telephone and e-mails, as well as a mobile search with GPS functions to search the funeral companies and centers. The company also operates sites that offers information on joint funerals and farewell party; family funeral knowledge and family funeral expenses; introduction of expenses to direct funeral and cremation ceremonies. In addition, it operates sites for funeral and funeral night wear, and legal flowers. Further, the company operates sites that offers information on Buddhist altar/Buddhist information; Buddha statues and Buddhist teachers.

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