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Screen Holdings Co (TSE:7735) Cyclically Adjusted PB Ratio : 7.01 (As of Jun. 08, 2024)


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What is Screen Holdings Co Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Screen Holdings Co's current share price is 円14865.00. Screen Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円2,121.93. Screen Holdings Co's Cyclically Adjusted PB Ratio for today is 7.01.

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

TSE:7735' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.29   Med: 3.2   Max: 9.73
Current: 7.07

During the past years, Screen Holdings Co's highest Cyclically Adjusted PB Ratio was 9.73. The lowest was 1.29. And the median was 3.20.

TSE:7735's Cyclically Adjusted PB Ratio is ranked worse than
84.18% of 689 companies
in the Semiconductors industry
Industry Median: 2.57 vs TSE:7735: 7.07

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.

Screen Holdings Co's adjusted book value per share data for the three months ended in Mar. 2024 was 円3,831.085. 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2,121.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Screen Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Screen 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.

Screen Holdings Co Cyclically Adjusted PB Ratio Chart

Screen Holdings 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 1.56 3.48 3.95 3.19 9.37

Screen Holdings 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 3.19 4.28 3.69 5.84 9.37

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

For the Semiconductor Equipment & Materials subindustry, Screen 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.


Screen Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Screen Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Screen 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14865.00/2121.93
=7.01

* 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.

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

For example, Screen Holdings 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)
=3831.085/107.2000*107.2000
=3,831.085

Current CPI (Mar. 2024) = 107.2000.

Screen Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 935.194 98.000 1,022.988
201409 1,004.775 98.500 1,093.522
201412 1,081.929 97.900 1,184.707
201503 1,167.804 97.900 1,278.739
201506 1,213.562 98.400 1,322.092
201509 1,218.935 98.500 1,326.597
201512 1,260.122 98.100 1,377.014
201603 1,266.694 97.900 1,387.023
201606 1,231.175 98.100 1,345.382
201609 1,306.627 98.000 1,429.290
201612 1,446.425 98.400 1,575.780
201703 1,520.350 98.100 1,661.381
201706 1,560.456 98.500 1,698.283
201709 1,635.790 98.800 1,774.865
201712 1,699.520 99.400 1,832.883
201803 1,830.939 99.200 1,978.595
201806 1,802.923 99.200 1,948.320
201809 1,880.893 99.900 2,018.336
201812 1,811.154 99.700 1,947.399
201903 1,919.400 99.700 2,063.788
201906 1,821.487 99.800 1,956.547
201909 1,870.374 100.100 2,003.038
201912 1,941.709 100.500 2,071.156
202003 1,863.526 100.300 1,991.725
202006 1,912.787 99.900 2,052.560
202009 1,979.447 99.900 2,124.091
202012 2,092.452 99.300 2,258.921
202103 2,237.562 99.900 2,401.068
202106 2,247.731 99.500 2,421.676
202109 2,390.320 100.100 2,559.863
202112 2,546.536 100.100 2,727.159
202203 2,659.139 101.100 2,819.582
202206 2,799.990 101.800 2,948.516
202209 2,947.120 103.100 3,064.319
202212 3,044.934 104.100 3,135.609
202303 3,162.697 104.400 3,247.520
202306 3,143.414 105.200 3,203.175
202309 3,324.910 106.200 3,356.218
202312 3,423.688 106.800 3,436.511
202403 3,831.085 107.200 3,831.085

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.


Screen Holdings Co  (TSE:7735) 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.


Screen Holdings Co Cyclically Adjusted PB Ratio Related Terms

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


Screen Holdings Co (TSE:7735) Business Description

Traded in Other Exchanges
Address
Tenjinkita-machi 1-1, Teranouchi-agaru, 4-chome, Horikawa-dori, Kamigyo-ku, Kyoto, JPN, 602-8585
Screen Holdings Co Ltd operates in the Japanese semiconductor industry. The majority of its revenue is derived from the sale of semiconductor manufacturing equipment, which is part of its Semiconductor Equipment segment. Its other segments include Graphics and Precision Solutions, Fine Tech Solutions and Others. The Graphics segment is concerned with the sale of printing and printed circuit board related machinery. The Fine Tech Solutions (FT) segment provides flat panel display (FPD) manufacturing equipment and the Others segment is involved in the development and sale of software products. The company caters to the global market, with emphasis on the Asia and Oceania region.

Screen Holdings Co (TSE:7735) Headlines

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