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3-D Matrix (TSE:7777) Cyclically Adjusted PB Ratio : 1.34 (As of Jun. 08, 2024)


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What is 3-D Matrix Cyclically Adjusted PB Ratio?

As of today (2024-06-08), 3-D Matrix's current share price is 円152.00. 3-D Matrix's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was 円113.50. 3-D Matrix's Cyclically Adjusted PB Ratio for today is 1.34.

The historical rank and industry rank for 3-D Matrix's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSE:7777' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.98   Max: 4.14
Current: 1.22

During the past years, 3-D Matrix's highest Cyclically Adjusted PB Ratio was 4.14. The lowest was 0.93. And the median was 1.98.

TSE:7777's Cyclically Adjusted PB Ratio is ranked better than
67.58% of 475 companies
in the Medical Devices & Instruments industry
Industry Median: 2.1 vs TSE:7777: 1.22

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.

3-D Matrix's adjusted book value per share data for the three months ended in Jan. 2024 was 円7.745. 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113.50 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


3-D Matrix Cyclically Adjusted PB Ratio Historical Data

The historical data trend for 3-D Matrix'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.

3-D Matrix Cyclically Adjusted PB Ratio Chart

3-D Matrix Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.81 2.57 1.24

3-D Matrix 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 2.44 1.24 1.29 1.31 0.93

Competitive Comparison of 3-D Matrix's Cyclically Adjusted PB Ratio

For the Medical Devices subindustry, 3-D Matrix'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.


3-D Matrix's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, 3-D Matrix's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where 3-D Matrix's Cyclically Adjusted PB Ratio falls into.



3-D Matrix 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.

3-D Matrix's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=152.00/113.5
=1.34

* 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.

3-D Matrix's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, 3-D Matrix's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=7.745/106.9000*106.9000
=7.745

Current CPI (Jan. 2024) = 106.9000.

3-D Matrix Quarterly Data

Book Value per Share CPI Adj_Book
201404 157.643 97.700 172.488
201407 358.755 98.100 390.937
201410 335.824 98.200 365.576
201501 315.314 97.800 344.653
201504 297.669 98.400 323.382
201507 275.065 98.300 299.130
201510 251.997 98.500 273.487
201601 206.226 97.700 225.645
201604 182.865 98.100 199.269
201607 162.674 97.900 177.629
201610 145.017 98.600 157.224
201701 124.545 98.200 135.579
201704 120.626 98.500 130.913
201707 115.236 98.300 125.318
201710 104.214 98.800 112.758
201801 115.230 99.500 123.800
201804 91.826 99.100 99.053
201807 71.072 99.200 76.589
201810 78.327 100.200 83.564
201901 76.520 99.700 82.046
201904 53.934 100.000 57.655
201907 50.255 99.800 53.830
201910 38.866 100.400 41.382
202001 22.449 100.500 23.879
202004 14.839 100.200 15.831
202007 56.960 100.000 60.890
202010 52.117 99.800 55.825
202101 44.104 99.800 47.242
202104 37.370 99.100 40.311
202107 33.157 99.700 35.551
202110 47.295 99.900 50.609
202201 36.180 100.300 38.561
202204 26.624 101.500 28.040
202207 27.816 102.300 29.067
202210 18.871 103.700 19.453
202301 16.006 104.700 16.342
202304 8.151 105.100 8.291
202307 2.352 105.700 2.379
202310 8.033 107.100 8.018
202401 7.745 106.900 7.745

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.


3-D Matrix  (TSE:7777) 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.


3-D Matrix Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of 3-D Matrix's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


3-D Matrix (TSE:7777) Business Description

Traded in Other Exchanges
N/A
Address
3-2-4 Kojimachi, Chiyoda-ku, 7th floor, Kojimachi HF Building, Tokyo, JPN, 102-0083
3-D Matrix Ltd is engaged in the research, development, manufacture, and sale of medical devices based on the self-assembling peptide technology. Its products include PuraMatrix, High Concentration PuraMatrix, Modified Peptide and GMP Grade PuraMatrix.

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