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Shiseido Co (Shiseido Co) Cyclically Adjusted PB Ratio : 3.83 (As of Jun. 10, 2024)


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What is Shiseido Co Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Shiseido Co's current share price is $32.38. Shiseido Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $8.45. Shiseido Co's Cyclically Adjusted PB Ratio for today is 3.83.

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

SSDOY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.75   Med: 5.88   Max: 10.28
Current: 4.09

During the past years, Shiseido Co's highest Cyclically Adjusted PB Ratio was 10.28. The lowest was 2.75. And the median was 5.88.

SSDOY's Cyclically Adjusted PB Ratio is ranked worse than
84.03% of 1365 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs SSDOY: 4.09

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.

Shiseido Co's adjusted book value per share data for the three months ended in Mar. 2024 was $10.510. 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 $8.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shiseido Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Shiseido 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.

Shiseido Co Cyclically Adjusted PB Ratio Chart

Shiseido Co Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.17 7.36 6.25 5.67 3.43

Shiseido 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 5.32 5.46 4.31 3.43 3.25

Competitive Comparison of Shiseido Co's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, Shiseido 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.


Shiseido Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shiseido Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Shiseido 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=32.38/8.45
=3.83

* 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.

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

For example, Shiseido Co'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)
=10.51/107.2000*107.2000
=10.510

Current CPI (Mar. 2024) = 107.2000.

Shiseido Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.759 98.000 8.487
201409 7.913 98.500 8.612
201412 7.582 97.900 8.302
201503 8.079 97.900 8.846
201506 7.814 98.400 8.513
201509 8.180 98.500 8.902
201512 0.000 98.100 0.000
201603 8.785 97.900 9.620
201606 8.644 98.100 9.446
201609 9.075 98.000 9.927
201612 8.502 98.400 9.262
201703 8.764 98.100 9.577
201706 9.200 98.500 10.013
201709 8.449 98.800 9.167
201712 9.403 99.400 10.141
201803 10.239 99.200 11.065
201806 10.342 99.200 11.176
201809 10.513 99.900 11.281
201812 10.032 99.700 10.787
201903 10.734 99.700 11.541
201906 11.287 99.800 12.124
201909 11.447 100.100 12.259
201912 11.421 100.500 12.182
202003 11.250 100.300 12.024
202006 10.748 99.900 11.533
202009 10.960 99.900 11.761
202012 11.345 99.300 12.248
202103 11.416 99.900 12.250
202106 10.947 99.500 11.794
202109 12.041 100.100 12.895
202112 11.890 100.100 12.733
202203 11.656 101.100 12.359
202206 11.293 101.800 11.892
202209 10.847 103.100 11.278
202212 11.210 104.100 11.544
202303 11.010 104.400 11.305
202306 10.997 105.200 11.206
202309 10.640 106.200 10.740
202312 10.753 106.800 10.793
202403 10.510 107.200 10.510

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.


Shiseido Co  (OTCPK:SSDOY) 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.


Shiseido Co Cyclically Adjusted PB Ratio Related Terms

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


Shiseido Co (Shiseido Co) Business Description

Traded in Other Exchanges
Address
5-5 Ginza 7-chome, Chuo-ku, Tokyo, JPN, 104-0061
Shiseido is a leading Japanese cosmetics manufacturer. Founded in 1872, the first Western-style pharmacy in Ginza, Tokyo, it is one of the oldest cosmetics companies globally. Shiseido's suite of 31 brands, including its namesake brand and luxury Clé de Peau Beauté, has an 9.3% share of Japan's beauty and personal care market and 18.3% share of Japan's premium segment according to Euromonitor. It is also ranked No. 3 after Estée Lauder and L'Oréal, with 7.6% market share in the global premium skincare space, thanks to a strong presence in China. China, Japan, and western markets each account for about 25% of sales, followed by 15% of travel retail, and 6% in Asia. Its distribution channels include department stores, drugstores, specialty retailers, travel retailers, and e-commerce.

Shiseido Co (Shiseido Co) Headlines

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