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Maxell (Maxell) Cyclically Adjusted PB Ratio : 0.62 (As of Jun. 09, 2024)


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What is Maxell Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Maxell's current share price is $8.65. Maxell's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $13.90. Maxell's Cyclically Adjusted PB Ratio for today is 0.62.

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

MXLLF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.68   Max: 0.85
Current: 0.85

During the past years, Maxell's highest Cyclically Adjusted PB Ratio was 0.85. The lowest was 0.54. And the median was 0.68.

MXLLF's Cyclically Adjusted PB Ratio is ranked better than
77.83% of 1899 companies
in the Hardware industry
Industry Median: 1.67 vs MXLLF: 0.85

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.

Maxell's adjusted book value per share data for the three months ended in Dec. 2023 was $13.414. 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 $13.90 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maxell Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Maxell'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.

Maxell Cyclically Adjusted PB Ratio Chart

Maxell 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 - 0.68 0.58 0.72 -

Maxell 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 0.72 0.74 0.77 0.72 -

Competitive Comparison of Maxell's Cyclically Adjusted PB Ratio

For the Consumer Electronics subindustry, Maxell'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.


Maxell's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Maxell's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Maxell 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.65/13.9
=0.62

* 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.

Maxell's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Maxell's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=13.414/106.8000*106.8000
=13.414

Current CPI (Dec. 2023) = 106.8000.

Maxell Quarterly Data

Book Value per Share CPI Adj_Book
201403 20.493 95.700 22.870
201406 20.020 98.000 21.818
201409 19.599 98.500 21.250
201412 17.404 97.900 18.986
201503 18.367 97.900 20.037
201506 17.946 98.400 19.478
201509 18.488 98.500 20.046
201512 18.223 98.100 19.839
201603 18.785 97.900 20.493
201606 19.396 98.100 21.116
201609 20.270 98.000 22.090
201612 18.542 98.400 20.125
201703 19.512 98.100 21.242
201706 20.021 98.500 21.708
201709 20.699 98.800 22.375
201712 20.679 99.400 22.218
201803 21.596 99.200 23.251
201806 20.759 99.200 22.349
201809 20.621 99.900 22.045
201812 20.310 99.700 21.756
201903 20.949 99.700 22.441
201906 21.189 99.800 22.675
201909 19.037 100.100 20.311
201912 19.316 100.500 20.527
202003 16.985 100.300 18.086
202006 17.032 99.900 18.208
202009 16.385 99.900 17.517
202012 16.787 99.300 18.055
202103 15.097 99.900 16.140
202106 15.395 99.500 16.524
202109 15.718 100.100 16.770
202112 15.452 100.100 16.486
202203 13.896 101.100 14.679
202206 13.021 101.800 13.661
202209 12.625 103.100 13.078
202212 13.276 104.100 13.620
202303 13.521 104.400 13.832
202306 13.321 105.200 13.524
202309 13.326 106.200 13.401
202312 13.414 106.800 13.414

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.


Maxell  (OTCPK:MXLLF) 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.


Maxell Cyclically Adjusted PB Ratio Related Terms

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


Maxell (Maxell) Business Description

Industry
Traded in Other Exchanges
Address
2-16-2, Konan, Minato-ku, Taiyo-Life Shinagawa Building 21sr Floor, Tokyo, JPN, 108-8248
Maxell Ltd is a Japan-based company that is engaged in manufacturing and selling energy products, industrial materials products, and electronic appliance and consumer products. The company focuses on several business areas, including automotive, home life and infrastructure, health and beauty care, and business and consumer. The company provides a broad range of products, including primary batteries, rechargeable batteries, electroforming, data storage, adhesive tapes, inks, functional films, display equipment, lens units, optical components, and wellness and beauty care.

Maxell (Maxell) Headlines

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