GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Pan Pacific International Holdings Corp (FRA:QJE) » Definitions » Cyclically Adjusted PB Ratio

Pan Pacific International Holdings (FRA:QJE) Cyclically Adjusted PB Ratio : 6.85 (As of May. 23, 2024)


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

What is Pan Pacific International Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Pan Pacific International Holdings's current share price is €22.40. Pan Pacific International Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €3.27. Pan Pacific International Holdings's Cyclically Adjusted PB Ratio for today is 6.85.

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

FRA:QJE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.59   Med: 5.49   Max: 7.48
Current: 6.87

During the past years, Pan Pacific International Holdings's highest Cyclically Adjusted PB Ratio was 7.48. The lowest was 3.59. And the median was 5.49.

FRA:QJE's Cyclically Adjusted PB Ratio is ranked worse than
90.41% of 219 companies
in the Retail - Defensive industry
Industry Median: 1.58 vs FRA:QJE: 6.87

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.

Pan Pacific International Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was €5.328. 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 €3.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pan Pacific International Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pan Pacific International Holdings'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.

Pan Pacific International Holdings Cyclically Adjusted PB Ratio Chart

Pan Pacific International Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.32 6.58 5.75 4.83 5.06

Pan Pacific International Holdings 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 5.19 5.06 5.97 6.21 7.27

Competitive Comparison of Pan Pacific International Holdings's Cyclically Adjusted PB Ratio

For the Discount Stores subindustry, Pan Pacific International Holdings'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.


Pan Pacific International Holdings's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Pan Pacific International Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Pan Pacific International Holdings's Cyclically Adjusted PB Ratio falls into.



Pan Pacific International Holdings 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.

Pan Pacific International Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=22.40/3.27
=6.85

* 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.

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

For example, Pan Pacific International Holdings'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)
=5.328/107.2000*107.2000
=5.328

Current CPI (Mar. 2024) = 107.2000.

Pan Pacific International Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.154 98.000 2.356
201409 2.204 98.500 2.399
201412 2.172 97.900 2.378
201503 2.542 97.900 2.783
201506 2.421 98.400 2.638
201509 2.543 98.500 2.768
201512 2.676 98.100 2.924
201603 2.871 97.900 3.144
201606 3.093 98.100 3.380
201609 3.293 98.000 3.602
201612 3.198 98.400 3.484
201703 3.319 98.100 3.627
201706 3.287 98.500 3.577
201709 3.175 98.800 3.445
201712 3.266 99.400 3.522
201803 3.431 99.200 3.708
201806 3.573 99.200 3.861
201809 3.551 99.900 3.810
201812 3.803 99.700 4.089
201903 4.030 99.700 4.333
201906 4.256 99.800 4.572
201909 4.496 100.100 4.815
201912 4.580 100.500 4.885
202003 4.798 100.300 5.128
202006 4.845 99.900 5.199
202009 4.833 99.900 5.186
202012 4.957 99.300 5.351
202103 4.948 99.900 5.310
202106 4.977 99.500 5.362
202109 4.420 100.100 4.734
202112 4.683 100.100 5.015
202203 4.800 101.100 5.090
202206 4.648 101.800 4.895
202209 4.825 103.100 5.017
202212 5.062 104.100 5.213
202303 5.145 104.400 5.283
202306 4.969 105.200 5.063
202309 5.042 106.200 5.089
202312 5.366 106.800 5.386
202403 5.328 107.200 5.328

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.


Pan Pacific International Holdings  (FRA:QJE) 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.


Pan Pacific International Holdings Cyclically Adjusted PB Ratio Related Terms

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


Pan Pacific International Holdings (FRA:QJE) Business Description

Traded in Other Exchanges
Address
2-19-10 Aobadai, Meguro-ku, Tokyo, JPN, 153-0042
PPIH is a leading operator of discount stores and general merchandise stores primarily in Japan, operating 617 stores as of mid-2023 nationally. It offers a wide range of products from packaged food, cosmetics, and household products to consumer electronics. The primary store formats include the Don Quijote discount stores, Mega Donki format, and general merchandise stores operated under FamilyMart Uny. Overseas operations concentrate on North America and Southeast Asia. It has acquired small supermarket chains in Hawaii and California in the U.S. and also accelerated store expansion across Singapore and Hong Kong.

Pan Pacific International Holdings (FRA:QJE) Headlines

No Headlines