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Komeri Co (TSE:8218) Cyclically Adjusted PB Ratio : 0.98 (As of May. 26, 2024)


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What is Komeri Co Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Komeri Co's current share price is 円3740.00. Komeri Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円3,825.85. Komeri Co's Cyclically Adjusted PB Ratio for today is 0.98.

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

TSE:8218' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.85   Max: 1.35
Current: 0.98

During the past years, Komeri Co's highest Cyclically Adjusted PB Ratio was 1.35. The lowest was 0.60. And the median was 0.85.

TSE:8218's Cyclically Adjusted PB Ratio is ranked better than
56.81% of 734 companies
in the Retail - Cyclical industry
Industry Median: 1.175 vs TSE:8218: 0.98

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.

Komeri Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円4,941.200. 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3,825.85 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Komeri Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Komeri 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.

Komeri Co Cyclically Adjusted PB Ratio Chart

Komeri Co 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 0.67 1.01 0.80 0.76 -

Komeri Co 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 0.76 0.80 0.84 0.81 -

Competitive Comparison of Komeri Co's Cyclically Adjusted PB Ratio

For the Home Improvement Retail subindustry, Komeri 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.


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

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

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



Komeri 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3740.00/3825.85
=0.98

* 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.

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

For example, Komeri 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)
=4941.2/106.8000*106.8000
=4,941.200

Current CPI (Dec. 2023) = 106.8000.

Komeri Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 2,635.122 95.700 2,940.763
201406 2,688.742 98.000 2,930.180
201409 2,743.346 98.500 2,974.511
201412 2,782.020 97.900 3,034.931
201503 2,750.642 97.900 3,000.700
201506 2,818.782 98.400 3,059.410
201509 2,871.117 98.500 3,113.049
201512 2,917.358 98.100 3,176.084
201603 2,874.903 97.900 3,136.258
201606 2,934.415 98.100 3,194.654
201609 2,991.243 98.000 3,259.844
201612 3,045.010 98.400 3,304.950
201703 3,065.331 98.100 3,337.180
201706 3,145.637 98.500 3,410.701
201709 3,204.835 98.800 3,464.336
201712 3,252.501 99.400 3,494.639
201803 3,256.634 99.200 3,506.134
201806 3,333.077 99.200 3,588.434
201809 3,401.504 99.900 3,636.443
201812 3,442.088 99.700 3,687.212
201903 3,434.526 99.700 3,679.111
201906 3,519.695 99.800 3,766.567
201909 3,588.912 100.100 3,829.129
201912 3,638.222 100.500 3,866.290
202003 3,659.414 100.300 3,896.564
202006 3,813.548 99.900 4,076.946
202009 3,934.396 99.900 4,206.141
202012 4,001.657 99.300 4,303.897
202103 4,032.873 99.900 4,311.420
202106 4,148.896 99.500 4,453.287
202109 4,252.312 100.100 4,536.932
202112 4,327.240 100.100 4,616.875
202203 4,361.663 101.100 4,607.573
202206 4,496.085 101.800 4,716.914
202209 4,588.609 103.100 4,753.283
202212 4,666.909 104.100 4,787.953
202303 4,675.065 104.400 4,782.538
202306 4,737.491 105.200 4,809.544
202309 4,814.406 106.200 4,841.606
202312 4,941.200 106.800 4,941.200

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.


Komeri Co  (TSE:8218) 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.


Komeri Co Cyclically Adjusted PB Ratio Related Terms

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


Komeri Co (TSE:8218) Business Description

Traded in Other Exchanges
N/A
Address
Shimizu 4501-1, Minami-ku, Niigata city, JPN, 950-1492
Komeri Co Ltd is a Japanese company operating a chain of home improvement stores. The firm organizes its activities into a home center unit and an other unit. The home center unit is composed of the Hard & Green, or the H&G, store brand. The hard merchandise includes hardware, general materials, and business materials, while the green merchandise includes gardening and agricultural goods. Home center also provides household goods, office and leisure goods, and kerosene. The other unit is further divided into logistics, information technology, credit cards, and other businesses. The majority of the company's revenue is derived from the hardware, general materials, and building materials product line, followed by gardening and agricultural goods and household goods product lines.

Komeri Co (TSE:8218) Headlines

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