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Ryohin Keikaku Co (TSE:7453) Cyclically Adjusted PB Ratio : 3.25 (As of May. 23, 2024)


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What is Ryohin Keikaku Co Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Ryohin Keikaku Co's current share price is 円2428.50. Ryohin Keikaku Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円746.86. Ryohin Keikaku Co's Cyclically Adjusted PB Ratio for today is 3.25.

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

TSE:7453' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.89   Med: 3.44   Max: 9.64
Current: 3.17

During the past years, Ryohin Keikaku Co's highest Cyclically Adjusted PB Ratio was 9.64. The lowest was 1.89. And the median was 3.44.

TSE:7453's Cyclically Adjusted PB Ratio is ranked worse than
79.48% of 731 companies
in the Retail - Cyclical industry
Industry Median: 1.18 vs TSE:7453: 3.17

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.

Ryohin Keikaku Co's adjusted book value per share data for the three months ended in Feb. 2024 was 円1,070.380. 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746.86 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ryohin Keikaku Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ryohin Keikaku 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.

Ryohin Keikaku Co Cyclically Adjusted PB Ratio Chart

Ryohin Keikaku Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Aug21 Aug22 Aug23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.73 2.97 4.21 2.06 2.65

Ryohin Keikaku Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 2.05 1.99 2.65 3.20 3.17

Competitive Comparison of Ryohin Keikaku Co's Cyclically Adjusted PB Ratio

For the Department Stores subindustry, Ryohin Keikaku 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.


Ryohin Keikaku Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Ryohin Keikaku Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ryohin Keikaku 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.

Ryohin Keikaku Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2428.50/746.86
=3.25

* 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.

Ryohin Keikaku Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Ryohin Keikaku Co's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=1070.38/106.9000*106.9000
=1,070.380

Current CPI (Feb. 2024) = 106.9000.

Ryohin Keikaku Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 409.818 98.100 446.580
201408 421.690 98.300 458.583
201411 443.463 97.900 484.231
201502 447.447 97.600 490.083
201505 489.362 98.700 530.018
201508 513.867 98.400 558.256
201511 519.646 98.100 566.261
201602 526.088 97.800 575.039
201605 539.680 98.200 587.493
201608 536.190 97.900 585.482
201611 532.790 98.600 577.639
201702 580.475 98.100 632.546
201705 569.102 98.600 617.008
201708 599.672 98.500 650.812
201711 627.638 99.100 677.038
201802 649.089 99.500 697.363
201805 674.043 99.300 725.631
201808 701.909 99.800 751.844
201811 724.162 100.000 774.129
201902 727.286 99.700 779.808
201905 737.941 100.000 788.859
201908 750.099 100.000 801.856
201911 760.575 100.500 809.010
202002 778.635 100.300 829.871
202005 738.501 100.100 788.669
202008 0.000 100.100 0.000
202011 737.174 99.500 791.999
202102 775.195 99.800 830.344
202105 796.546 99.400 856.648
202108 809.044 99.700 867.470
202111 822.628 100.100 878.511
202202 854.252 100.700 906.847
202205 880.983 101.800 925.119
202208 918.442 102.700 956.002
202211 897.826 103.900 923.750
202302 905.395 104.000 930.642
202305 948.473 105.100 964.717
202308 999.504 105.900 1,008.942
202311 1,032.055 106.900 1,032.055
202402 1,070.380 106.900 1,070.380

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.


Ryohin Keikaku Co  (TSE:7453) 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.


Ryohin Keikaku Co Cyclically Adjusted PB Ratio Related Terms

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Ryohin Keikaku Co (TSE:7453) Business Description

Traded in Other Exchanges
Address
4-26-3 Higashi-Ikebukuro, Toshima-ku, Tokyo, JPN, 170-8424
Ryohin Keikaku Co., Ltd. otherwise known as Muji, is a Japanese retailer offering household and consumer goods. The company has a no-logo, no-brand policy. Its lower price strategy is based around the selection of materials, efficient manufacturing processes, and simplified packaging. The product portfolio ranges from stationery to clothing for men and women, food items, and major kitchen appliances. Its business includes also Muji Cafe & Meal, Muji Campsite, Muji House, and Idee. The Muji Cafe & Meal division operates Cafe Muji, offering cuisine, desserts, and beverages. Muji Campsite operates campsites and the surrounding forest areas. Muji House provides flexible framework for home interiors, such as The House of Woods and The House of Windows.

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