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AMG Holdings Co (TSE:8891) Cyclically Adjusted PB Ratio : 1.66 (As of Jun. 08, 2024)


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What is AMG Holdings Co Cyclically Adjusted PB Ratio?

As of today (2024-06-08), AMG Holdings Co's current share price is 円2441.00. AMG Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,467.80. AMG Holdings Co's Cyclically Adjusted PB Ratio for today is 1.66.

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

TSE:8891' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.15   Max: 2.11
Current: 1.6

During the past years, AMG Holdings Co's highest Cyclically Adjusted PB Ratio was 2.11. The lowest was 0.56. And the median was 1.15.

TSE:8891's Cyclically Adjusted PB Ratio is ranked worse than
79.55% of 1389 companies
in the Real Estate industry
Industry Median: 0.71 vs TSE:8891: 1.60

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.

AMG Holdings Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円3,405.838. 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1,467.80 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


AMG Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AMG Holdings 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.

AMG Holdings Co Cyclically Adjusted PB Ratio Chart

AMG Holdings 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 1.03 0.61 1.12 0.96 1.39

AMG Holdings 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 1.15 1.39 1.24 1.45 1.35

Competitive Comparison of AMG Holdings Co's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, AMG Holdings 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.


AMG Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, AMG Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



AMG Holdings 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2441.00/1467.8
=1.66

* 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.

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

For example, AMG Holdings 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)
=3405.838/106.8000*106.8000
=3,405.838

Current CPI (Dec. 2023) = 106.8000.

AMG Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 472.376 95.700 527.166
201406 496.653 98.000 541.250
201409 494.402 98.500 536.062
201412 458.380 97.900 500.051
201503 506.542 97.900 552.591
201506 493.622 98.400 535.760
201509 529.716 98.500 574.352
201512 517.957 98.100 563.892
201603 578.876 97.900 631.501
201606 548.246 98.100 596.867
201609 595.115 98.000 648.554
201612 586.694 98.400 636.778
201703 720.975 98.100 784.915
201706 773.761 98.500 838.961
201709 856.101 98.800 925.421
201712 862.626 99.400 926.846
201803 899.684 99.200 968.611
201806 857.358 99.200 923.043
201809 999.665 99.900 1,068.711
201812 956.436 99.700 1,024.547
201903 1,130.796 99.700 1,211.324
201906 1,196.500 99.800 1,280.423
201909 1,300.673 100.100 1,387.731
201912 1,289.375 100.500 1,370.201
202003 1,359.451 100.300 1,447.551
202006 1,314.992 99.900 1,405.817
202009 1,705.455 99.900 1,823.249
202012 1,703.642 99.300 1,832.316
202103 1,984.777 99.900 2,121.864
202106 2,014.445 99.500 2,162.238
202109 2,045.015 100.100 2,181.894
202112 2,088.315 100.100 2,228.092
202203 2,275.433 101.100 2,403.722
202206 2,331.383 101.800 2,445.891
202209 2,371.319 103.100 2,456.420
202212 3,107.135 104.100 3,187.724
202303 3,266.525 104.400 3,341.618
202306 3,288.960 105.200 3,338.982
202309 3,354.257 106.200 3,373.208
202312 3,405.838 106.800 3,405.838

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.


AMG Holdings Co  (TSE:8891) 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.


AMG Holdings Co Cyclically Adjusted PB Ratio Related Terms

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


AMG Holdings Co (TSE:8891) Business Description

Traded in Other Exchanges
N/A
Address
No. 32, Nishikushi 3 - chome, 5th floor of Sakae VT Building, No. 10, No. 32, Nagoya, JPN, 460-0003
AMG Holdings Co Ltd formerly MG Home Co Ltd is engaged in the planning and sale of condominiums. The other service offered by the company include consultation on rental management, estimate of remodeling, and free assessment of residence.

AMG Holdings Co (TSE:8891) Headlines

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