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Marubeni (Marubeni) Cyclically Adjusted PB Ratio : 2.38 (As of May. 19, 2024)


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What is Marubeni Cyclically Adjusted PB Ratio?

As of today (2024-05-19), Marubeni's current share price is $19.416. Marubeni's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $8.17. Marubeni's Cyclically Adjusted PB Ratio for today is 2.38.

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

MARUF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.13   Max: 2.5
Current: 2.45

During the past years, Marubeni's highest Cyclically Adjusted PB Ratio was 2.50. The lowest was 0.56. And the median was 1.13.

MARUF's Cyclically Adjusted PB Ratio is ranked worse than
79.34% of 426 companies
in the Conglomerates industry
Industry Median: 0.96 vs MARUF: 2.45

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.

Marubeni's adjusted book value per share data for the three months ended in Mar. 2024 was $13.792. 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 $8.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marubeni Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Marubeni'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.

Marubeni Cyclically Adjusted PB Ratio Chart

Marubeni 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 0.65 1.06 1.50 1.66 2.16

Marubeni 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 1.66 2.18 2.02 1.88 2.16

Competitive Comparison of Marubeni's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Marubeni'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.


Marubeni's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Marubeni's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Marubeni 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.416/8.17
=2.38

* 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.

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

For example, Marubeni'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)
=13.792/107.2000*107.2000
=13.792

Current CPI (Mar. 2024) = 107.2000.

Marubeni Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.003 98.000 8.754
201409 8.330 98.500 9.066
201412 7.490 97.900 8.202
201503 7.268 97.900 7.958
201506 7.541 98.400 8.215
201509 7.355 98.500 8.005
201512 7.176 98.100 7.842
201603 6.720 97.900 7.358
201606 6.547 98.100 7.154
201609 8.156 98.000 8.922
201612 8.240 98.400 8.977
201703 8.593 98.100 9.390
201706 8.930 98.500 9.719
201709 9.363 98.800 10.159
201712 9.543 99.400 10.292
201803 9.626 99.200 10.402
201806 9.935 99.200 10.736
201809 10.379 99.900 11.137
201812 10.060 99.700 10.817
201903 10.254 99.700 11.025
201906 10.188 99.800 10.943
201909 10.382 100.100 11.118
201912 10.549 100.500 11.252
202003 8.109 100.300 8.667
202006 8.311 99.900 8.918
202009 8.624 99.900 9.254
202012 9.024 99.300 9.742
202103 9.615 99.900 10.318
202106 10.008 99.500 10.782
202109 9.763 100.100 10.455
202112 10.098 100.100 10.814
202203 10.980 101.100 11.642
202206 11.457 101.800 12.065
202209 11.814 103.100 12.284
202212 11.905 104.100 12.260
202303 12.694 104.400 13.034
202306 13.416 105.200 13.671
202309 13.057 106.200 13.180
202312 13.128 106.800 13.177
202403 13.792 107.200 13.792

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.


Marubeni  (OTCPK:MARUF) 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.


Marubeni Cyclically Adjusted PB Ratio Related Terms

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


Marubeni (Marubeni) Business Description

Traded in Other Exchanges
Address
Tokyo Nihombashi Tower, 7-1, Nihonbashi 2-chome, Chuo-ku, Tokyo, JPN, 103-6060
Marubeni Corp is a general trading company. It focuses on both trading and business investments in grain fields, natural resource and energy fields, and power generation fields. Investing in farms, power plants, mines, transportation systems, and other distributors allows the company to sell resources to the world market. Marubeni has entered these various markets through multiple avenues. It may either acquire an existing business or develop an entire project internally. The two regions generating the most sales are Japan and the United States. Approximately half of sales derive from Japan, with another third coming from the United States.