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OBIC Business Consultants Co (FRA:OBI) Cyclically Adjusted PB Ratio : 4.46 (As of May. 29, 2024)


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What is OBIC Business Consultants Co Cyclically Adjusted PB Ratio?

As of today (2024-05-29), OBIC Business Consultants Co's current share price is €81.00. OBIC Business Consultants Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €18.18. OBIC Business Consultants Co's Cyclically Adjusted PB Ratio for today is 4.46.

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

FRA:OBI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.67   Med: 3.89   Max: 5.82
Current: 4.09

During the past years, OBIC Business Consultants Co's highest Cyclically Adjusted PB Ratio was 5.82. The lowest was 2.67. And the median was 3.89.

FRA:OBI's Cyclically Adjusted PB Ratio is ranked worse than
67.5% of 1357 companies
in the Software industry
Industry Median: 2.6 vs FRA:OBI: 4.09

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.

OBIC Business Consultants Co's adjusted book value per share data for the three months ended in Mar. 2024 was €12.163. 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 €18.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


OBIC Business Consultants Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for OBIC Business Consultants 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.

OBIC Business Consultants Co Cyclically Adjusted PB Ratio Chart

OBIC Business Consultants 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 3.59 4.49 3.05 3.27 4.45

OBIC Business Consultants 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 3.27 3.38 3.90 3.99 4.45

Competitive Comparison of OBIC Business Consultants Co's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, OBIC Business Consultants 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.


OBIC Business Consultants Co's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, OBIC Business Consultants Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where OBIC Business Consultants Co's Cyclically Adjusted PB Ratio falls into.



OBIC Business Consultants 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.

OBIC Business Consultants Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=81.00/18.18
=4.46

* 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.

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

For example, OBIC Business Consultants Co'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)
=12.163/107.2000*107.2000
=12.163

Current CPI (Mar. 2024) = 107.2000.

OBIC Business Consultants Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.166 98.000 8.933
201409 8.354 98.500 9.092
201412 8.049 97.900 8.814
201503 9.291 97.900 10.174
201506 8.716 98.400 9.495
201509 8.980 98.500 9.773
201512 9.266 98.100 10.126
201603 10.106 97.900 11.066
201606 10.686 98.100 11.677
201609 11.315 98.000 12.377
201612 10.719 98.400 11.678
201703 11.021 98.100 12.043
201706 10.698 98.500 11.643
201709 10.274 98.800 11.147
201712 10.172 99.400 10.970
201803 10.710 99.200 11.574
201806 11.102 99.200 11.997
201809 11.271 99.900 12.095
201812 11.622 99.700 12.496
201903 12.229 99.700 13.149
201906 12.657 99.800 13.595
201909 13.570 100.100 14.533
201912 13.255 100.500 14.139
202003 13.254 100.300 14.166
202006 13.065 99.900 14.020
202009 13.072 99.900 14.027
202012 12.996 99.300 14.030
202103 13.217 99.900 14.183
202106 14.096 99.500 15.187
202109 14.729 100.100 15.774
202112 14.759 100.100 15.806
202203 13.920 101.100 14.760
202206 12.806 101.800 13.485
202209 12.906 103.100 13.419
202212 12.752 104.100 13.132
202303 12.994 104.400 13.342
202306 12.217 105.200 12.449
202309 12.132 106.200 12.246
202312 12.277 106.800 12.323
202403 12.163 107.200 12.163

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.


OBIC Business Consultants Co  (FRA:OBI) 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.


OBIC Business Consultants Co Cyclically Adjusted PB Ratio Related Terms

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


OBIC Business Consultants Co (FRA:OBI) Business Description

Traded in Other Exchanges
Address
8-1 Nishi-Shinjuku 6-Chome, Shinjuku-Ku, Tokyo, JPN, 1630480
OBIC Business Consultants Co., Ltd. Is engaged in providing services such as maintenance and introduction guidance for development and sales of products of business solution technology, and IT solution technology. The company focuses on medium-sized enterprises and, medium and small-sized companies.

OBIC Business Consultants Co (FRA:OBI) Headlines

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