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KASAI KOGYO Co (TSE:7256) Cyclically Adjusted PB Ratio : 0.16 (As of Jun. 06, 2024)


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What is KASAI KOGYO Co Cyclically Adjusted PB Ratio?

As of today (2024-06-06), KASAI KOGYO Co's current share price is 円192.00. KASAI KOGYO Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,170.22. KASAI KOGYO Co's Cyclically Adjusted PB Ratio for today is 0.16.

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

TSE:7256' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.36   Max: 2.46
Current: 0.18

During the past years, KASAI KOGYO Co's highest Cyclically Adjusted PB Ratio was 2.46. The lowest was 0.11. And the median was 0.36.

TSE:7256's Cyclically Adjusted PB Ratio is ranked better than
96.77% of 992 companies
in the Vehicles & Parts industry
Industry Median: 1.345 vs TSE:7256: 0.18

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.

KASAI KOGYO Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円404.568. 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1,170.22 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


KASAI KOGYO Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for KASAI KOGYO 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.

KASAI KOGYO Co Cyclically Adjusted PB Ratio Chart

KASAI KOGYO 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 0.87 0.50 0.41 0.24 0.18

KASAI KOGYO 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 0.11 0.18 0.13 0.22 0.16

Competitive Comparison of KASAI KOGYO Co's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, KASAI KOGYO 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.


KASAI KOGYO Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, KASAI KOGYO Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



KASAI KOGYO 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.

KASAI KOGYO Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=192.00/1170.22
=0.16

* 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.

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

For example, KASAI KOGYO 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)
=404.568/106.8000*106.8000
=404.568

Current CPI (Dec. 2023) = 106.8000.

KASAI KOGYO Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 853.254 95.700 952.221
201406 841.923 98.000 917.524
201409 887.620 98.500 962.414
201412 976.170 97.900 1,064.913
201503 1,120.622 97.900 1,222.497
201506 1,185.429 98.400 1,286.624
201509 1,254.162 98.500 1,359.843
201512 1,257.587 98.100 1,369.116
201603 1,254.124 97.900 1,368.135
201606 1,211.672 98.100 1,319.129
201609 1,145.603 98.000 1,248.473
201612 1,207.837 98.400 1,310.945
201703 1,400.934 98.100 1,525.176
201706 1,419.174 98.500 1,538.759
201709 1,502.232 98.800 1,623.870
201712 1,547.532 99.400 1,662.741
201803 1,582.800 99.200 1,704.063
201806 1,562.788 99.200 1,682.518
201809 1,586.611 99.900 1,696.197
201812 1,593.144 99.700 1,706.598
201903 1,592.454 99.700 1,705.858
201906 1,609.078 99.800 1,721.939
201909 1,570.478 100.100 1,675.595
201912 1,539.583 100.500 1,636.094
202003 1,446.973 100.300 1,540.745
202006 1,294.258 99.900 1,383.651
202009 1,107.223 99.900 1,183.698
202012 1,021.032 99.300 1,098.149
202103 999.093 99.900 1,068.099
202106 1,017.494 99.500 1,092.144
202109 905.691 100.100 966.312
202112 628.846 100.100 670.937
202203 577.183 101.100 609.724
202206 544.697 101.800 571.450
202209 494.662 103.100 512.414
202212 465.639 104.100 477.716
202303 296.823 104.400 303.647
202306 314.113 105.200 318.890
202309 343.498 106.200 345.439
202312 404.568 106.800 404.568

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.


KASAI KOGYO Co  (TSE:7256) 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.


KASAI KOGYO Co Cyclically Adjusted PB Ratio Related Terms

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KASAI KOGYO Co (TSE:7256) Business Description

Traded in Other Exchanges
N/A
Address
3316 Miyayama, Samukawa-machi, Koza-gun, Kanagawa Pref, JPN, 253-0106
KASAI KOGYO Co Ltd is engaged in the manufacture and sale of products for automotive interiors. Its main products include cabin trims, rear parcels, sunvisors, dash insulators, and others.

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