GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » YASKAWA Electric Corp (OTCPK:YASKY) » Definitions » Cyclically Adjusted PB Ratio

YASKAWA Electric (YASKAWA Electric) Cyclically Adjusted PB Ratio : 5.96 (As of Jun. 06, 2024)


View and export this data going back to 2012. Start your Free Trial

What is YASKAWA Electric Cyclically Adjusted PB Ratio?

As of today (2024-06-06), YASKAWA Electric's current share price is $77.6764. YASKAWA Electric's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was $13.04. YASKAWA Electric's Cyclically Adjusted PB Ratio for today is 5.96.

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

YASKY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.92   Med: 6.31   Max: 8.89
Current: 6.44

During the past years, YASKAWA Electric's highest Cyclically Adjusted PB Ratio was 8.89. The lowest was 3.92. And the median was 6.31.

YASKY's Cyclically Adjusted PB Ratio is ranked worse than
88.67% of 2163 companies
in the Industrial Products industry
Industry Median: 1.89 vs YASKY: 6.44

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.

YASKAWA Electric's adjusted book value per share data for the three months ended in Feb. 2024 was $20.423. 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 $13.04 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


YASKAWA Electric Cyclically Adjusted PB Ratio Historical Data

The historical data trend for YASKAWA Electric'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.

YASKAWA Electric Cyclically Adjusted PB Ratio Chart

YASKAWA Electric Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.38 7.84 6.09 6.25 6.29

YASKAWA Electric Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 6.25 6.64 6.24 5.98 6.29

Competitive Comparison of YASKAWA Electric's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, YASKAWA Electric'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.


YASKAWA Electric's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



YASKAWA Electric 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.

YASKAWA Electric's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=77.6764/13.04
=5.96

* 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.

YASKAWA Electric's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, YASKAWA Electric's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=20.423/106.9000*106.9000
=20.423

Current CPI (Feb. 2024) = 106.9000.

YASKAWA Electric Quarterly Data

Book Value per Share CPI Adj_Book
201403 10.413 95.700 11.632
201406 10.707 98.000 11.679
201409 11.074 98.500 12.018
201412 10.780 97.900 11.771
201503 10.940 97.900 11.946
201506 10.891 98.400 11.832
201509 11.397 98.500 12.369
201512 11.584 98.100 12.623
201603 12.056 97.900 13.164
201606 12.848 98.100 14.001
201609 13.198 98.000 14.397
201612 12.321 98.400 13.385
201703 13.203 98.100 14.387
201706 13.950 98.500 15.140
201709 14.946 98.800 16.171
201712 15.096 99.400 16.235
201805 16.033 99.300 17.260
201808 16.356 99.800 17.520
201811 16.368 100.000 17.497
201902 16.747 99.700 17.956
201905 15.938 100.000 17.038
201908 16.402 100.000 17.534
201911 16.016 100.500 17.036
202002 15.881 100.300 16.926
202005 15.787 100.100 16.859
202008 16.578 100.100 17.704
202011 17.186 99.500 18.464
202102 17.881 99.800 19.153
202105 18.277 99.400 19.656
202108 18.818 99.700 20.177
202111 18.921 100.100 20.206
202202 19.329 100.700 20.519
202205 18.073 101.800 18.978
202208 18.495 102.700 19.251
202211 17.624 103.900 18.133
202302 19.978 104.000 20.535
202305 19.836 105.100 20.176
202308 19.790 105.900 19.977
202311 19.402 106.900 19.402
202402 20.423 106.900 20.423

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.


YASKAWA Electric  (OTCPK:YASKY) 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.


YASKAWA Electric Cyclically Adjusted PB Ratio Related Terms

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


YASKAWA Electric (YASKAWA Electric) Business Description

Traded in Other Exchanges
Address
2-1, Kurosaki-shiroishi, Yahatanishi-ku, Kitakyushu, JPN, 806-0004
Yaskawa Electric manufactures motion control components (servo motors and inverters), industrial robots, and other motor-based products. It operates mainly in Asia, the Americas, and Europe as one of the leading players in the AC servo motor/controller, AC drives (inverter), and robotics markets. According to the company, it has the leading global share with AC Servo motors/controllers, where the company's cumulative AC servo motor shipments reached 20 million units in 2020, and it is also considered as one of the "big four" industrial robotics companies. The company was founded in 1915, and its head office is in Kitakyushu, Fukuoka Prefecture, Japan.

YASKAWA Electric (YASKAWA Electric) Headlines