GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mebuki Financial Group Inc (TSE:7167) » Definitions » Cyclically Adjusted PB Ratio

Mebuki Financial Group (TSE:7167) Cyclically Adjusted PB Ratio : 0.67 (As of Jun. 10, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Mebuki Financial Group Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Mebuki Financial Group's current share price is 円593.60. Mebuki Financial Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円883.88. Mebuki Financial Group's Cyclically Adjusted PB Ratio for today is 0.67.

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

TSE:7167' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.39   Max: 0.71
Current: 0.67

During the past years, Mebuki Financial Group's highest Cyclically Adjusted PB Ratio was 0.71. The lowest was 0.28. And the median was 0.39.

TSE:7167's Cyclically Adjusted PB Ratio is ranked better than
67% of 1194 companies
in the Banks industry
Industry Median: 0.91 vs TSE:7167: 0.67

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.

Mebuki Financial Group's adjusted book value per share data for the three months ended in Dec. 2023 was 円920.805. 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883.88 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mebuki Financial Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mebuki Financial Group'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.

Mebuki Financial Group Cyclically Adjusted PB Ratio Chart

Mebuki Financial Group 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 - - 0.30 0.37 -

Mebuki Financial Group 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 0.37 0.39 0.47 0.49 -

Competitive Comparison of Mebuki Financial Group's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Mebuki Financial Group'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.


Mebuki Financial Group's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mebuki Financial Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mebuki Financial Group's Cyclically Adjusted PB Ratio falls into.



Mebuki Financial Group 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.

Mebuki Financial Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=593.60/883.88
=0.67

* 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.

Mebuki Financial Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Mebuki Financial Group'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)
=920.805/106.8000*106.8000
=920.805

Current CPI (Dec. 2023) = 106.8000.

Mebuki Financial Group Quarterly Data

Book Value per Share CPI Adj_Book
201403 723.583 95.700 807.510
201406 750.635 98.000 818.039
201409 780.411 98.500 846.172
201412 832.579 97.900 908.268
201503 861.575 97.900 939.900
201506 873.041 98.400 947.569
201509 862.203 98.500 934.856
201512 885.902 98.100 964.468
201603 909.539 97.900 992.224
201606 927.235 98.100 1,009.467
201609 926.860 98.000 1,010.088
201612 725.659 98.400 787.606
201703 732.825 98.100 797.816
201706 742.264 98.500 804.810
201709 751.034 98.800 811.846
201712 778.197 99.400 836.131
201803 754.020 99.200 811.788
201806 765.127 99.200 823.746
201809 769.140 99.900 822.264
201812 752.740 99.700 806.345
201903 783.873 99.700 839.695
201906 791.637 99.800 847.163
201909 812.405 100.100 866.782
201912 830.560 100.500 882.625
202003 760.998 100.300 810.315
202006 810.015 99.900 865.962
202009 825.918 99.900 882.963
202012 839.505 99.300 902.912
202103 861.192 99.900 920.674
202106 919.467 99.500 986.925
202109 929.331 100.100 991.534
202112 937.176 100.100 999.904
202203 888.217 101.100 938.295
202206 847.682 101.800 889.317
202209 817.675 103.100 847.019
202212 811.361 104.100 832.405
202303 849.983 104.400 869.523
202306 885.048 105.200 898.509
202309 875.850 106.200 880.798
202312 920.805 106.800 920.805

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.


Mebuki Financial Group  (TSE:7167) 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.


Mebuki Financial Group Cyclically Adjusted PB Ratio Related Terms

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


Mebuki Financial Group (TSE:7167) Business Description

Traded in Other Exchanges
Address
1-25, Sakura 4-chome Utsunomiya, Utsunomiya, Tochigi, JPN, 320-8610
Mebuki Financial Group Inc is a Japan-based company, engages in the provision of banking and other financial services including credit card services in Japan. Its services include loans and bills discounted, deposits, other loans, and assets. It also engages in call money transactions in the short-term markets; and invests in securities primarily comprising bonds, as well as money markets. Its other services include foreign currency exchange and international remittances.

Mebuki Financial Group (TSE:7167) Headlines

No Headlines