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Kubota (FRA:KUO1) Cyclically Adjusted PB Ratio : 1.61 (As of Jun. 07, 2024)


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What is Kubota Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Kubota's current share price is €12.73. Kubota's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €7.90. Kubota's Cyclically Adjusted PB Ratio for today is 1.61.

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

FRA:KUO1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.46   Med: 2.52   Max: 3.77
Current: 1.69

During the past years, Kubota's highest Cyclically Adjusted PB Ratio was 3.77. The lowest was 1.46. And the median was 2.52.

FRA:KUO1's Cyclically Adjusted PB Ratio is ranked better than
50.59% of 170 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.69 vs FRA:KUO1: 1.69

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.

Kubota's adjusted book value per share data for the three months ended in Mar. 2024 was €12.133. 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 €7.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kubota Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kubota'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.

Kubota Cyclically Adjusted PB Ratio Chart

Kubota Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.10 2.55 2.62 1.62 1.69

Kubota 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 1.74 1.77 1.80 1.69 1.84

Competitive Comparison of Kubota's Cyclically Adjusted PB Ratio

For the Farm & Heavy Construction Machinery subindustry, Kubota'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.


Kubota's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Kubota's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kubota 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.73/7.9
=1.61

* 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.

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

For example, Kubota'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)
=12.133/107.2000*107.2000
=12.133

Current CPI (Mar. 2024) = 107.2000.

Kubota Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 98.000 0.000
201409 5.791 98.500 6.302
201412 5.839 97.900 6.394
201503 6.778 97.900 7.422
201506 6.554 98.400 7.140
201509 6.729 98.500 7.323
201512 0.000 98.100 0.000
201603 7.107 97.900 7.782
201606 7.279 98.100 7.954
201609 7.610 98.000 8.324
201612 7.863 98.400 8.566
201703 7.909 98.100 8.643
201706 8.001 98.500 8.708
201709 7.711 98.800 8.367
201712 7.830 99.400 8.444
201803 7.799 99.200 8.428
201806 8.255 99.200 8.921
201809 8.367 99.900 8.978
201812 8.519 99.700 9.160
201903 8.826 99.700 9.490
201906 9.204 99.800 9.886
201909 9.571 100.100 10.250
201912 9.754 100.500 10.404
202003 9.644 100.300 10.307
202006 9.787 99.900 10.502
202009 9.548 99.900 10.246
202012 9.674 99.300 10.444
202103 10.011 99.900 10.743
202106 10.045 99.500 10.822
202109 10.418 100.100 11.157
202112 10.872 100.100 11.643
202203 11.333 101.100 12.017
202206 11.283 101.800 11.882
202209 11.626 103.100 12.088
202212 11.012 104.100 11.340
202303 11.402 104.400 11.708
202306 11.761 105.200 11.985
202309 11.743 106.200 11.854
202312 11.794 106.800 11.838
202403 12.133 107.200 12.133

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.


Kubota  (FRA:KUO1) 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.


Kubota Cyclically Adjusted PB Ratio Related Terms

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


Kubota (FRA:KUO1) Business Description

Traded in Other Exchanges
Address
2-47, Shikitsuhigashi 1-Chome, Naniwa-ku, Osaka, JPN, 556-8601
Kubota manufactures and sells small and midsize agricultural and construction equipment as well as water treatment equipment. Its key products in the farm and industrial machinery segment include compact/utility tractors, mini excavators, compact track loaders, engines, and rice farming equipment, such as combine harvesters as well as rice transplanters. The company has produced over 5.4 million units of tractors worldwide and over 30 million units of engines. Its water and environment segment provides mainly pipe system products like ductile iron pipes and valves, water/waste treatment plants, pumps, as well as operation and maintenance services, including public-private partnership projects. The company is based in Osaka, Japan, and was founded in 1890.

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