GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ricoh Co Ltd (XPAR:RICOP) » Definitions » Cyclically Adjusted PB Ratio

Ricoh Co (XPAR:RICOP) Cyclically Adjusted PB Ratio : (As of Jun. 08, 2024)


View and export this data going back to . Start your Free Trial

What is Ricoh Co Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ricoh Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ricoh 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.

Ricoh Co Cyclically Adjusted PB Ratio Chart

Ricoh 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 0.58 0.83 0.77 0.68 0.90

Ricoh 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 0.68 0.83 0.87 0.72 0.90

Competitive Comparison of Ricoh Co's Cyclically Adjusted PB Ratio

For the Business Equipment & Supplies subindustry, Ricoh 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.


Ricoh Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ricoh Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ricoh 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.

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

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

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=8.563/107.2000*107.2000
=8.563

Current CPI (Mar. 2024) = 107.2000.

Ricoh Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.902 98.000 10.832
201409 10.322 98.500 11.234
201412 10.121 97.900 11.082
201503 11.170 97.900 12.231
201506 10.741 98.400 11.702
201509 11.023 98.500 11.997
201512 11.241 98.100 12.284
201603 11.505 97.900 12.598
201606 11.332 98.100 12.383
201609 11.614 98.000 12.704
201612 11.591 98.400 12.628
201703 11.584 98.100 12.659
201706 11.402 98.500 12.409
201709 10.912 98.800 11.840
201712 10.954 99.400 11.814
201803 9.338 99.200 10.091
201806 9.564 99.200 10.335
201809 9.880 99.900 10.602
201812 9.928 99.700 10.675
201903 9.969 99.700 10.719
201906 10.128 99.800 10.879
201909 10.472 100.100 11.215
201912 10.450 100.500 11.147
202003 10.385 100.300 11.099
202006 9.934 99.900 10.660
202009 9.671 99.900 10.378
202012 9.546 99.300 10.305
202103 9.547 99.900 10.245
202106 9.101 99.500 9.805
202109 8.996 100.100 9.634
202112 8.874 100.100 9.503
202203 9.273 101.100 9.832
202206 8.849 101.800 9.318
202209 8.668 103.100 9.013
202212 8.310 104.100 8.557
202303 8.738 104.400 8.972
202306 8.637 105.200 8.801
202309 8.545 106.200 8.625
202312 8.447 106.800 8.479
202403 8.563 107.200 8.563

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.


Ricoh Co  (XPAR:RICOP) 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.


Ricoh Co Cyclically Adjusted PB Ratio Related Terms

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


Ricoh Co (XPAR:RICOP) Business Description

Traded in Other Exchanges
Address
3-6, Nakamagome 1-chome, Ohta-ku, Tokyo, JPN, 143-8555
Ricoh Co Ltd provides products, services, and solutions in offices and other environments. The company's Imaging and Solutions segment is engaged in office imaging, production printing, and network system solutions. Industrial Products segment manufactures and sales of thermal media, optical equipment, semiconductors, electronic component and the Inkjet head. Its Other segment is engaged in manufacturing and sales of digital cameras, financing business and logistics services provided by the company's subsidiaries. The company's revenue is majorly derived from Japan.

Ricoh Co (XPAR:RICOP) Headlines

No Headlines