GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Adeka Corp (OTCPK:ADKCF) » Definitions » Cyclically Adjusted PB Ratio

Adeka (ADKCF) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


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

What is Adeka Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adeka Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Adeka'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.

Adeka Cyclically Adjusted PB Ratio Chart

Adeka 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 0.85 1.30 1.51 1.15 -

Adeka 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 1.15 1.36 1.24 1.37 -

Competitive Comparison of Adeka's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Adeka'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.


Adeka's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Adeka's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Adeka 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.

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

For example, Adeka'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)
=18.611/106.8000*106.8000
=18.611

Current CPI (Dec. 2023) = 106.8000.

Adeka Quarterly Data

Book Value per Share CPI Adj_Book
201403 13.478 95.700 15.041
201406 13.596 98.000 14.817
201409 13.228 98.500 14.343
201412 12.207 97.900 13.317
201503 12.619 97.900 13.766
201506 12.461 98.400 13.525
201509 12.965 98.500 14.057
201512 12.916 98.100 14.061
201603 14.001 97.900 15.274
201606 15.024 98.100 16.356
201609 15.659 98.000 17.065
201612 14.386 98.400 15.614
201703 15.509 98.100 16.884
201706 15.960 98.500 17.305
201709 16.424 98.800 17.754
201712 16.602 99.400 17.838
201803 18.013 99.200 19.393
201806 17.396 99.200 18.729
201809 17.266 99.900 18.459
201812 17.313 99.700 18.546
201903 17.873 99.700 19.146
201906 18.388 99.800 19.678
201909 18.562 100.100 19.804
201912 18.534 100.500 19.696
202003 18.919 100.300 20.145
202006 18.917 99.900 20.224
202009 19.630 99.900 20.986
202012 20.269 99.300 21.800
202103 20.316 99.900 21.719
202106 20.384 99.500 21.880
202109 20.697 100.100 22.082
202112 20.586 100.100 21.964
202203 20.465 101.100 21.619
202206 18.504 101.800 19.413
202209 17.548 103.100 18.178
202212 18.570 104.100 19.052
202303 19.035 104.400 19.473
202306 18.433 105.200 18.713
202309 18.082 106.200 18.184
202312 18.611 106.800 18.611

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.


Adeka  (OTCPK:ADKCF) 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.


Adeka Cyclically Adjusted PB Ratio Related Terms

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


Adeka (ADKCF) Business Description

Industry
Traded in Other Exchanges
Address
7-2-35 Higashi-ogu, Arakawa-ku, Tokyo, JPN, 116-8554
Adeka Corp is a Japanese firm engaged in the chemical and foods business. The company mainly produces circuit materials, lubricant additives, photo curing resins, flame retardants, civil engineering and construction materials, polyolefin additives, plasticizers, margarine, fillings, and shortening products. Its products have a broad application base across various industries.

Adeka (ADKCF) Headlines

No Headlines