GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Casio Computer Co Ltd (OTCPK:CSIOY) » Definitions » Cyclically Adjusted PB Ratio

Casio Computer Co (Casio Computer Co) Cyclically Adjusted PB Ratio : 1.20 (As of Jun. 09, 2024)


View and export this data going back to 1983. Start your Free Trial

What is Casio Computer Co Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Casio Computer Co's current share price is $76.80. Casio Computer Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $64.17. Casio Computer Co's Cyclically Adjusted PB Ratio for today is 1.20.

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

CSIOY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.28   Med: 2.26   Max: 4.4
Current: 1.32

During the past years, Casio Computer Co's highest Cyclically Adjusted PB Ratio was 4.40. The lowest was 1.28. And the median was 2.26.

CSIOY's Cyclically Adjusted PB Ratio is ranked better than
60.51% of 1899 companies
in the Hardware industry
Industry Median: 1.67 vs CSIOY: 1.32

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.

Casio Computer Co's adjusted book value per share data for the three months ended in Dec. 2023 was $65.485. 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 $64.17 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Casio Computer Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Casio Computer 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.

Casio Computer Co Cyclically Adjusted PB Ratio Chart

Casio Computer 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 2.07 2.76 1.77 1.52 -

Casio Computer 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 1.52 1.36 1.42 1.37 -

Competitive Comparison of Casio Computer Co's Cyclically Adjusted PB Ratio

For the Consumer Electronics subindustry, Casio Computer 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.


Casio Computer Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Casio Computer Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Casio Computer 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=76.80/64.17
=1.20

* 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.

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

For example, Casio Computer 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)
=65.485/106.8000*106.8000
=65.485

Current CPI (Dec. 2023) = 106.8000.

Casio Computer Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 67.292 95.700 75.097
201406 67.580 98.000 73.648
201409 65.179 98.500 70.671
201412 61.932 97.900 67.562
201503 64.887 97.900 70.786
201506 63.929 98.400 69.386
201509 66.715 98.500 72.337
201512 67.669 98.100 73.670
201603 69.819 97.900 76.166
201606 71.264 98.100 77.584
201609 74.636 98.000 81.338
201612 67.293 98.400 73.038
201703 70.586 98.100 76.846
201706 72.228 98.500 78.314
201709 74.306 98.800 80.323
201712 73.902 99.400 79.404
201803 79.125 99.200 85.187
201806 75.521 99.200 81.307
201809 77.192 99.900 82.524
201812 75.653 99.700 81.041
201903 77.288 99.700 82.792
201906 77.494 99.800 82.929
201909 79.814 100.100 85.156
201912 80.014 100.500 85.030
202003 77.552 100.300 82.578
202006 76.006 99.900 81.256
202009 78.683 99.900 84.118
202012 79.693 99.300 85.712
202103 80.352 99.900 85.902
202106 78.853 99.500 84.638
202109 80.559 100.100 85.951
202112 78.600 100.100 83.861
202203 76.658 101.100 80.980
202206 69.187 101.800 72.585
202209 66.146 103.100 68.520
202212 68.141 104.100 69.908
202303 69.304 104.400 70.897
202306 66.603 105.200 67.616
202309 64.989 106.200 65.356
202312 65.485 106.800 65.485

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.


Casio Computer Co  (OTCPK:CSIOY) 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.


Casio Computer Co Cyclically Adjusted PB Ratio Related Terms

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


Casio Computer Co (Casio Computer Co) Business Description

Traded in Other Exchanges
Address
6-2, Hon-machi 1-chome, Shibuya-ku, Tokyo, JPN, 151-8543
Casio Computer is well-known as a watch and calculator manufacturer. Casio, founded in 1957, has cultivated the consumer electronics market by inventing distinctive products. Milestones in its history include the Casio Mini (1972), the world's first personal electronic calculator; G-Shock (1983), a shock-resistant wristwatch; and QV-10 (1995), the world's first digital camera with an LCD display. Approximately 60% of its revenue and most of its profits are from the timepieces segment.

Casio Computer Co (Casio Computer Co) Headlines

From GuruFocus

STAY ENGAGED THIS SPRING WITH CASIO

By PRNewswire PRNewswire 03-29-2022

Get Ready To Fall Back To Standard Time With Casio

By PRNewswire PRNewswire 11-03-2021

CASIO G-SHOCK TO RELEASE NEW STAY GOLD COLLECTION

By PRNewswire PRNewswire 08-24-2022

G-SHOCK INTRODUCES METAL COVERED SERIES FOR WOMEN

By PRNewswire PRNewswire 10-26-2022

Casio Recognizes Educators During Teacher Appreciation Week

By PRNewswire PRNewswire 05-05-2021