GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Unicharm Corp (OTCPK:UNICY) » Definitions » Cyclically Adjusted PB Ratio

Unicharm (Unicharm) Cyclically Adjusted PB Ratio : 5.73 (As of Jun. 02, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Unicharm Cyclically Adjusted PB Ratio?

As of today (2024-06-02), Unicharm's current share price is $6.48. Unicharm's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.13. Unicharm's Cyclically Adjusted PB Ratio for today is 5.73.

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

UNICY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.18   Med: 6.53   Max: 8.46
Current: 5.92

During the past years, Unicharm's highest Cyclically Adjusted PB Ratio was 8.46. The lowest was 5.18. And the median was 6.53.

UNICY's Cyclically Adjusted PB Ratio is ranked worse than
90.35% of 1326 companies
in the Consumer Packaged Goods industry
Industry Median: 1.35 vs UNICY: 5.92

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.

Unicharm's adjusted book value per share data for the three months ended in Mar. 2024 was $1.631. 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 $1.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Unicharm Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Unicharm'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.

Unicharm Cyclically Adjusted PB Ratio Chart

Unicharm Annual Data
Trend Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.27 7.81 7.33 6.59 6.09

Unicharm 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 6.94 6.66 6.44 6.09 5.62

Competitive Comparison of Unicharm's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, Unicharm'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.


Unicharm's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Unicharm's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Unicharm 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.

Unicharm's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.48/1.13
=5.73

* 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.

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

For example, Unicharm'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)
=1.631/107.2000*107.2000
=1.631

Current CPI (Mar. 2024) = 107.2000.

Unicharm Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.219 98.000 1.333
201409 1.219 98.500 1.327
201412 1.171 97.900 1.282
201503 1.172 97.900 1.283
201506 1.076 98.400 1.172
201509 1.040 98.500 1.132
201512 0.965 98.100 1.055
201603 1.117 97.900 1.223
201606 1.154 98.100 1.261
201609 1.161 98.000 1.270
201612 1.027 98.400 1.119
201703 1.044 98.100 1.141
201706 1.103 98.500 1.200
201709 1.159 98.800 1.258
201712 1.172 99.400 1.264
201803 1.248 99.200 1.349
201806 1.318 99.200 1.424
201809 1.353 99.900 1.452
201812 1.319 99.700 1.418
201903 1.353 99.700 1.455
201906 1.389 99.800 1.492
201909 1.424 100.100 1.525
201912 1.455 100.500 1.552
202003 1.449 100.300 1.549
202006 1.463 99.900 1.570
202009 1.506 99.900 1.616
202012 1.586 99.300 1.712
202103 1.603 99.900 1.720
202106 1.599 99.500 1.723
202109 1.628 100.100 1.743
202112 1.643 100.100 1.760
202203 1.663 101.100 1.763
202206 1.572 101.800 1.655
202209 1.483 103.100 1.542
202212 1.546 104.100 1.592
202303 1.597 104.400 1.640
202306 1.582 105.200 1.612
202309 1.552 106.200 1.567
202312 1.637 106.800 1.643
202403 1.631 107.200 1.631

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.


Unicharm  (OTCPK:UNICY) 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.


Unicharm Cyclically Adjusted PB Ratio Related Terms

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


Unicharm (Unicharm) Business Description

Traded in Other Exchanges
Address
3-5-19, Mita, Minato-ku, Sumitomo Fudosan Mita Twin Building, West Wing, Tokyo, JPN, 108-8575
Focusing on personal hygiene products utilizing non-woven fabric, Unicharm is the largest manufacturer of disposable baby diapers, feminine sanitary, and adult incontinence products in Japan and Asia. Its personal-care business accounted for 86% of its sales as of 2021, with the balance from mainly the pet care. Unicharm generates 62% sales from overseas, of which nearly three quarters of sales are from Asia, mostly China, Indonesia and Thailand. India, followed by Vietnam, is the fastest rising market. Outside Asia, it also operates in Saudi Arabia, Americas and Europe. Drugstores, supermarkets, baby product specialty stores as well as e-commerce are the key sales channels.

Unicharm (Unicharm) Headlines

From GuruFocus

Hennessy Japan Fund Comments on Unicharm Corp

By Vera Yuan Vera Yuan 06-26-2014