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Sundrug Co (TSE:9989) Cyclically Adjusted PB Ratio : 2.56 (As of Jun. 02, 2024)


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What is Sundrug Co Cyclically Adjusted PB Ratio?

As of today (2024-06-02), Sundrug Co's current share price is 円3996.00. Sundrug Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,561.43. Sundrug Co's Cyclically Adjusted PB Ratio for today is 2.56.

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

TSE:9989' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.12   Med: 3.06   Max: 6.59
Current: 2.56

During the past years, Sundrug Co's highest Cyclically Adjusted PB Ratio was 6.59. The lowest was 2.12. And the median was 3.06.

TSE:9989's Cyclically Adjusted PB Ratio is ranked worse than
58.9% of 326 companies
in the Healthcare Providers & Services industry
Industry Median: 1.93 vs TSE:9989: 2.56

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.

Sundrug Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円2,109.575. 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1,561.43 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sundrug Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sundrug 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.

Sundrug Co Cyclically Adjusted PB Ratio Chart

Sundrug 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 3.28 3.50 2.31 2.52 -

Sundrug 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 2.52 2.88 2.66 2.90 -

Competitive Comparison of Sundrug Co's Cyclically Adjusted PB Ratio

For the Pharmaceutical Retailers subindustry, Sundrug 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.


Sundrug Co's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Sundrug Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sundrug 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3996.00/1561.43
=2.56

* 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.

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

For example, Sundrug 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)
=2109.575/106.8000*106.8000
=2,109.575

Current CPI (Dec. 2023) = 106.8000.

Sundrug Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 898.117 95.700 1,002.287
201406 909.915 98.000 991.622
201409 859.148 98.500 931.543
201412 885.297 97.900 965.779
201503 959.482 97.900 1,046.708
201506 986.442 98.400 1,070.650
201509 1,031.832 98.500 1,118.778
201512 1,061.604 98.100 1,155.752
201603 1,102.577 97.900 1,202.811
201606 1,126.749 98.100 1,226.675
201609 1,048.923 98.000 1,143.112
201612 1,081.011 98.400 1,173.292
201703 1,166.403 98.100 1,269.845
201706 1,190.118 98.500 1,290.402
201709 1,241.571 98.800 1,342.103
201712 1,273.867 99.400 1,368.702
201803 1,324.630 99.200 1,426.114
201806 1,542.332 99.200 1,660.495
201809 1,597.395 99.900 1,707.726
201812 1,624.239 99.700 1,739.907
201903 1,463.334 99.700 1,567.543
201906 1,486.176 99.800 1,590.417
201909 1,545.708 100.100 1,649.167
201912 1,558.583 100.500 1,656.285
202003 1,598.127 100.300 1,701.695
202006 1,624.577 99.900 1,736.785
202009 1,679.666 99.900 1,795.679
202012 1,707.648 99.300 1,836.624
202103 1,754.962 99.900 1,876.176
202106 1,776.253 99.500 1,906.571
202109 1,824.713 100.100 1,946.847
202112 1,845.749 100.100 1,969.291
202203 1,886.627 101.100 1,992.995
202206 1,904.562 101.800 1,998.106
202209 1,959.589 103.100 2,029.914
202212 1,975.129 104.100 2,026.357
202303 2,021.202 104.400 2,067.666
202306 2,030.404 105.200 2,061.285
202309 2,092.038 106.200 2,103.857
202312 2,109.575 106.800 2,109.575

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.


Sundrug Co  (TSE:9989) 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.


Sundrug Co Cyclically Adjusted PB Ratio Related Terms

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


Sundrug Co (TSE:9989) Business Description

Traded in Other Exchanges
Address
1-38-1 Wakamatsu-cho, Fuchu-shi, Tokyo, JPN, 183-0005
Sundrug Co Ltd is a Japanese based company engaged in the operations and management of drugstores. Its activities are divided into business divisions including Drugstore business, Dispensing pharmacy business, and Discount store business. The company also offers necessities such as foods, cosmetics, household appliances, clothing items, car goods, sports and leisure goods, alcoholic beverages, kerosene through its discount store Direx.

Sundrug Co (TSE:9989) Headlines

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