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mixi (MIXIF) Cyclically Adjusted PB Ratio : 1.26 (As of Jun. 07, 2024)


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What is mixi Cyclically Adjusted PB Ratio?

As of today (2024-06-07), mixi's current share price is $16.96. mixi's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $13.49. mixi's Cyclically Adjusted PB Ratio for today is 1.26.

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

MIXIF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.13   Med: 1.83   Max: 5.69
Current: 1.35

During the past years, mixi's highest Cyclically Adjusted PB Ratio was 5.69. The lowest was 1.13. And the median was 1.83.

MIXIF's Cyclically Adjusted PB Ratio is ranked better than
57.91% of 297 companies
in the Interactive Media industry
Industry Median: 1.6 vs MIXIF: 1.35

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.

mixi's adjusted book value per share data for the three months ended in Mar. 2024 was $16.568. 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 $13.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


mixi Cyclically Adjusted PB Ratio Historical Data

The historical data trend for mixi'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.

mixi Cyclically Adjusted PB Ratio Chart

mixi 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 1.44 2.11 1.41 1.44 1.26

mixi 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 1.44 1.40 1.19 1.15 1.26

Competitive Comparison of mixi's Cyclically Adjusted PB Ratio

For the Electronic Gaming & Multimedia subindustry, mixi'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.


mixi's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, mixi's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



mixi 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.96/13.49
=1.26

* 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.

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

For example, mixi'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)
=16.568/107.2000*107.2000
=16.568

Current CPI (Mar. 2024) = 107.2000.

mixi Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.063 98.000 3.351
201409 3.628 98.500 3.948
201412 4.134 97.900 4.527
201503 5.519 97.900 6.043
201506 6.496 98.400 7.077
201509 9.659 98.500 10.512
201512 10.517 98.100 11.493
201603 12.766 97.900 13.979
201606 13.937 98.100 15.230
201609 15.365 98.000 16.807
201612 14.469 98.400 15.763
201703 16.759 98.100 18.314
201706 17.305 98.500 18.833
201709 18.377 98.800 19.939
201712 17.457 99.400 18.827
201803 20.603 99.200 22.265
201806 19.765 99.200 21.359
201809 20.095 99.900 21.563
201812 20.016 99.700 21.522
201903 21.372 99.700 22.980
201906 21.552 99.800 23.150
201909 21.827 100.100 23.375
201912 20.811 100.500 22.198
202003 22.322 100.300 23.858
202006 22.399 99.900 24.036
202009 23.590 99.900 25.314
202012 23.537 99.300 25.410
202103 23.133 99.900 24.823
202106 22.879 99.500 24.650
202109 23.116 100.100 24.756
202112 22.032 100.100 23.595
202203 21.462 101.100 22.757
202206 18.960 101.800 19.966
202209 17.605 103.100 18.305
202212 18.282 104.100 18.826
202303 18.673 104.400 19.174
202306 17.380 105.200 17.710
202309 16.701 106.200 16.858
202312 16.994 106.800 17.058
202403 16.568 107.200 16.568

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.


mixi  (OTCPK:MIXIF) 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.


mixi Cyclically Adjusted PB Ratio Related Terms

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


mixi (MIXIF) Business Description

Traded in Other Exchanges
Address
Sumitomo Fudosan Shibuya First Tower 7F, Tokyo, JPN, 150-0011
mixi Inc is a Japanese company which provides social networking services. The company conducts its business activities mainly including the operation of websites and provision of native smartphone games on the Internet. It business segments include, Entertainment Business and Media Platform Business. mixi provides games mainly including native smartphone games through Entertainment Business, and operates business-to-consumer and consumer-to-consumer services utilizing the Internet and invests in operating companies of these services through Media Platform Business.

mixi (MIXIF) Headlines

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