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Chuetsu Pulp & Paper Co (TSE:3877) Cyclically Adjusted PB Ratio : 0.37 (As of Jun. 08, 2024)


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What is Chuetsu Pulp & Paper Co Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Chuetsu Pulp & Paper Co's current share price is 円1540.00. Chuetsu Pulp & Paper Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円4,137.47. Chuetsu Pulp & Paper Co's Cyclically Adjusted PB Ratio for today is 0.37.

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

TSE:3877' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.32   Max: 0.48
Current: 0.38

During the past years, Chuetsu Pulp & Paper Co's highest Cyclically Adjusted PB Ratio was 0.48. The lowest was 0.22. And the median was 0.32.

TSE:3877's Cyclically Adjusted PB Ratio is ranked better than
80.89% of 246 companies
in the Forest Products industry
Industry Median: 0.92 vs TSE:3877: 0.38

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.

Chuetsu Pulp & Paper Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円4,216.789. 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4,137.47 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chuetsu Pulp & Paper Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Chuetsu Pulp & Paper 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.

Chuetsu Pulp & Paper Co Cyclically Adjusted PB Ratio Chart

Chuetsu Pulp & Paper 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 0.33 0.33 0.31 0.23 0.25

Chuetsu Pulp & Paper 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 0.23 0.25 0.33 0.34 0.45

Competitive Comparison of Chuetsu Pulp & Paper Co's Cyclically Adjusted PB Ratio

For the Paper & Paper Products subindustry, Chuetsu Pulp & Paper 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.


Chuetsu Pulp & Paper Co's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Chuetsu Pulp & Paper Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Chuetsu Pulp & Paper Co's Cyclically Adjusted PB Ratio falls into.



Chuetsu Pulp & Paper 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.

Chuetsu Pulp & Paper Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1540.00/4137.47
=0.37

* 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.

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

For example, Chuetsu Pulp & Paper 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)
=4216.789/106.8000*106.8000
=4,216.789

Current CPI (Dec. 2023) = 106.8000.

Chuetsu Pulp & Paper Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 4,278.814 95.700 4,775.103
201406 4,266.973 98.000 4,650.130
201409 4,373.450 98.500 4,741.974
201412 4,345.823 97.900 4,740.898
201503 4,385.860 97.900 4,784.575
201506 4,039.584 98.400 4,384.427
201509 4,059.219 98.500 4,401.265
201512 4,011.106 98.100 4,366.831
201603 3,986.296 97.900 4,348.687
201606 4,025.087 98.100 4,382.052
201609 4,066.574 98.000 4,431.736
201612 4,068.971 98.400 4,416.322
201703 4,104.502 98.100 4,468.510
201706 4,055.898 98.500 4,397.664
201709 4,111.317 98.800 4,444.217
201712 4,046.836 99.400 4,348.110
201803 3,690.265 99.200 3,972.987
201806 3,595.977 99.200 3,871.475
201809 3,658.586 99.900 3,911.281
201812 3,511.425 99.700 3,761.486
201903 3,625.830 99.700 3,884.039
201906 3,542.695 99.800 3,791.181
201909 3,624.482 100.100 3,867.080
201912 3,636.391 100.500 3,864.344
202003 3,626.280 100.300 3,861.283
202006 3,520.675 99.900 3,763.845
202009 3,434.020 99.900 3,671.205
202012 3,410.877 99.300 3,668.496
202103 3,550.634 99.900 3,795.873
202106 3,594.898 99.500 3,858.644
202109 3,620.962 100.100 3,863.324
202112 3,629.276 100.100 3,872.195
202203 3,638.985 101.100 3,844.150
202206 3,733.437 101.800 3,916.808
202209 3,783.472 103.100 3,919.251
202212 3,734.636 104.100 3,831.500
202303 3,985.344 104.400 4,076.961
202306 4,049.204 105.200 4,110.789
202309 4,197.773 106.200 4,221.489
202312 4,216.789 106.800 4,216.789

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.


Chuetsu Pulp & Paper Co  (TSE:3877) 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.


Chuetsu Pulp & Paper Co Cyclically Adjusted PB Ratio Related Terms

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


Chuetsu Pulp & Paper Co (TSE:3877) Business Description

Traded in Other Exchanges
N/A
Address
2-10-6 Ginza, Chuo-ku, Tokyo, JPN, 1048124
Chuetsu Pulp & Paper Co Ltd is engaged in the manufacturing and sale of paper and pulp products. It offers varied products in following categories; paper and pulp manufacturing unit produces newsprint, printing paper, packaging paper, and special paper, paperboard, and pulp products. The Paper-processed Products include paper bags, paper tubes, cardboard boxes, and notebooks. The Power unit deals with the sale of electricity. It is also involved in the forestry, lumbering, and wood processing activities; manufacture, buying, and sale of chemicals; management, leasing, buying, and sale of real estate properties.

Chuetsu Pulp & Paper Co (TSE:3877) Headlines

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