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Daimaru Enawin Co (TSE:9818) Cyclically Adjusted PB Ratio : 0.97 (As of Jun. 10, 2024)


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What is Daimaru Enawin Co Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Daimaru Enawin Co's current share price is 円1536.00. Daimaru Enawin Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,583.39. Daimaru Enawin Co's Cyclically Adjusted PB Ratio for today is 0.97.

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

TSE:9818' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 0.9   Max: 1.74
Current: 0.97

During the past years, Daimaru Enawin Co's highest Cyclically Adjusted PB Ratio was 1.74. The lowest was 0.72. And the median was 0.90.

TSE:9818's Cyclically Adjusted PB Ratio is ranked better than
65.79% of 456 companies
in the Utilities - Regulated industry
Industry Median: 1.395 vs TSE:9818: 0.97

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.

Daimaru Enawin Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円1,795.721. 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1,583.39 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daimaru Enawin Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Daimaru Enawin 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.

Daimaru Enawin Co Cyclically Adjusted PB Ratio Chart

Daimaru Enawin 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 0.88 1.16 1.00 0.77 0.83

Daimaru Enawin 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 0.81 0.83 0.87 0.79 0.80

Competitive Comparison of Daimaru Enawin Co's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Gas subindustry, Daimaru Enawin 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.


Daimaru Enawin Co's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Daimaru Enawin Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Daimaru Enawin 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1536.00/1583.39
=0.97

* 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.

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

For example, Daimaru Enawin 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)
=1795.721/106.8000*106.8000
=1,795.721

Current CPI (Dec. 2023) = 106.8000.

Daimaru Enawin Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,158.354 95.700 1,292.709
201406 1,165.946 98.000 1,270.643
201409 1,178.130 98.500 1,277.404
201412 1,175.764 97.900 1,282.652
201503 1,218.207 97.900 1,328.953
201506 1,239.535 98.400 1,345.349
201509 1,231.623 98.500 1,335.404
201512 1,238.499 98.100 1,348.335
201603 1,289.839 97.900 1,407.097
201606 1,293.963 98.100 1,408.718
201609 1,300.027 98.000 1,416.764
201612 1,307.191 98.400 1,418.780
201703 1,360.068 98.100 1,480.686
201706 1,373.144 98.500 1,488.851
201709 1,361.517 98.800 1,471.761
201712 1,363.078 99.400 1,464.555
201803 1,411.612 99.200 1,519.760
201806 1,428.855 99.200 1,538.324
201809 1,432.454 99.900 1,531.392
201812 1,426.599 99.700 1,528.192
201903 1,478.149 99.700 1,583.413
201906 1,500.877 99.800 1,606.149
201909 1,515.013 100.100 1,616.417
201912 1,554.019 100.500 1,651.435
202003 1,572.797 100.300 1,674.723
202006 1,596.240 99.900 1,706.491
202009 1,606.460 99.900 1,717.417
202012 1,623.367 99.300 1,745.978
202103 1,663.563 99.900 1,778.464
202106 1,702.212 99.500 1,827.098
202109 1,717.145 100.100 1,832.079
202112 1,722.583 100.100 1,837.881
202203 1,754.240 101.100 1,853.144
202206 1,763.204 101.800 1,849.805
202209 1,766.719 103.100 1,830.122
202212 1,776.834 104.100 1,822.919
202303 1,811.073 104.400 1,852.707
202306 1,780.773 105.200 1,807.857
202309 1,779.393 106.200 1,789.446
202312 1,795.721 106.800 1,795.721

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.


Daimaru Enawin Co  (TSE:9818) 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.


Daimaru Enawin Co Cyclically Adjusted PB Ratio Related Terms

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Daimaru Enawin Co (TSE:9818) Business Description

Traded in Other Exchanges
N/A
Address
Midorigi 1-4-39, Suminoe District, Osaka, JPN, 559-0022
Daimaru Enawin Co Ltd is mainly engaged in the sale of liquefied petroleum gas (LPG) in Japan. Its petroleum products include kerosene, light oil, and heavy oil. It also sells gas appliances, system kitchens, air conditioning equipment, household electric appliances, and solar systems; medical gases, home medical oxygen, and medical equipment; and industrial gases, welding and fusing equipment, welding materials, and industrial equipment.

Daimaru Enawin Co (TSE:9818) Headlines

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