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Sanken Electric Co (Sanken Electric Co) Cyclically Adjusted PB Ratio : 1.95 (As of Jun. 10, 2024)


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What is Sanken Electric Co Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Sanken Electric Co's current share price is $42.12. Sanken Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $21.63. Sanken Electric Co's Cyclically Adjusted PB Ratio for today is 1.95.

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

SANJF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.89   Med: 1.97   Max: 4.89
Current: 1.97

During the past years, Sanken Electric Co's highest Cyclically Adjusted PB Ratio was 4.89. The lowest was 0.89. And the median was 1.97.

SANJF's Cyclically Adjusted PB Ratio is ranked better than
59.3% of 688 companies
in the Semiconductors industry
Industry Median: 2.555 vs SANJF: 1.97

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.

Sanken Electric Co's adjusted book value per share data for the three months ended in Dec. 2023 was $35.655. 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 $21.63 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sanken Electric Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sanken Electric 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.

Sanken Electric Co Cyclically Adjusted PB Ratio Chart

Sanken Electric 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 1.05 2.47 2.20 3.85 -

Sanken Electric 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 3.85 4.73 3.07 2.55 -

Competitive Comparison of Sanken Electric Co's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Sanken Electric 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.


Sanken Electric Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Sanken Electric Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sanken Electric 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.

Sanken Electric Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=42.12/21.63
=1.95

* 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.

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

For example, Sanken Electric Co'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)
=35.655/106.8000*106.8000
=35.655

Current CPI (Dec. 2023) = 106.8000.

Sanken Electric Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 19.627 95.700 21.903
201406 19.494 98.000 21.244
201409 20.885 98.500 22.645
201412 20.886 97.900 22.785
201503 21.438 97.900 23.387
201506 20.906 98.400 22.691
201509 21.223 98.500 23.011
201512 20.632 98.100 22.462
201603 19.568 97.900 21.347
201606 18.778 98.100 20.443
201609 19.464 98.000 21.212
201612 19.781 98.400 21.470
201703 19.876 98.100 21.639
201706 20.405 98.500 22.124
201709 15.342 98.800 16.584
201712 21.455 99.400 23.052
201803 21.531 99.200 23.181
201806 21.232 99.200 22.859
201809 21.849 99.900 23.358
201812 21.646 99.700 23.187
201903 21.638 99.700 23.179
201906 21.019 99.800 22.493
201909 20.342 100.100 21.704
201912 19.502 100.500 20.725
202003 19.163 100.300 20.405
202006 18.312 99.900 19.577
202009 17.226 99.900 18.416
202012 25.426 99.300 27.346
202103 31.862 99.900 34.063
202106 32.026 99.500 34.376
202109 32.895 100.100 35.097
202112 32.773 100.100 34.967
202203 33.183 101.100 35.054
202206 31.700 101.800 33.257
202209 31.605 103.100 32.739
202212 32.948 104.100 33.803
202303 34.426 104.400 35.217
202306 36.383 105.200 36.936
202309 36.357 106.200 36.562
202312 35.655 106.800 35.655

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.


Sanken Electric Co  (OTCPK:SANJF) 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.


Sanken Electric Co Cyclically Adjusted PB Ratio Related Terms

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


Sanken Electric Co (Sanken Electric Co) Business Description

Traded in Other Exchanges
Address
3-6-3, Kitano, Saitama-ken, Niiza-shi, JPN, 352-8666
Sanken Electric Co Ltd manufactures, sells, and purchases electric equipment and apparatuses. Its product lineup includes semiconductors, power line filters, inverters, DC power supplies, and other items. Products are offered to the automotive, power supply, LED, and other markets for purposes such as meeting global energy conservation regulations. Semiconductors are the company's leading sales generator and find use in automobiles, home appliances, and industrial automation. In addition to having its equipment manufactured domestically (Japan), and in regions such as North America, the company has stationed sales offices in each region to work with clients and meet specific needs.

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