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Iida Group Holdings Co (STU:IIO) Cyclically Adjusted PB Ratio : (As of May. 23, 2024)


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What is Iida Group Holdings Co Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Iida Group Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Iida Group Holdings 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.

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Iida Group Holdings Co Cyclically Adjusted PB Ratio Chart

Iida Group Holdings Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
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Iida Group Holdings Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Iida Group Holdings Co's Cyclically Adjusted PB Ratio

For the Residential Construction subindustry, Iida Group Holdings 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.


Iida Group Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Iida Group Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Iida Group Holdings 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.

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

For example, Iida Group Holdings 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)
=21.284/107.2000*107.2000
=21.284

Current CPI (Mar. 2024) = 107.2000.

Iida Group Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.767 98.000 13.966
201409 12.960 98.500 14.105
201412 12.239 97.900 13.402
201503 14.242 97.900 15.595
201506 13.312 98.400 14.503
201509 14.016 98.500 15.254
201512 14.430 98.100 15.769
201603 16.278 97.900 17.824
201606 17.635 98.100 19.271
201609 18.909 98.000 20.684
201612 17.971 98.400 19.578
201703 18.793 98.100 20.536
201706 18.428 98.500 20.056
201709 17.884 98.800 19.405
201712 16.981 99.400 18.314
201803 18.813 99.200 20.330
201806 19.357 99.200 20.918
201809 19.474 99.900 20.897
201812 20.148 99.700 21.664
201903 20.935 99.700 22.510
201906 21.601 99.800 23.203
201909 22.792 100.100 24.409
201912 22.366 100.500 23.857
202003 23.116 100.300 24.706
202006 22.753 99.900 24.416
202009 22.827 99.900 24.495
202012 22.859 99.300 24.678
202103 22.990 99.900 24.670
202106 22.812 99.500 24.577
202109 24.167 100.100 25.881
202112 24.634 100.100 26.381
202203 24.762 101.100 26.256
202206 23.038 101.800 24.260
202209 23.996 103.100 24.950
202212 23.958 104.100 24.671
202303 23.952 104.400 24.594
202306 22.401 105.200 22.827
202309 22.014 106.200 22.221
202312 21.972 106.800 22.054
202403 21.284 107.200 21.284

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.


Iida Group Holdings Co  (STU:IIO) 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.


Iida Group Holdings Co Cyclically Adjusted PB Ratio Related Terms

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Iida Group Holdings Co (STU:IIO) Business Description

Traded in Other Exchanges
Address
1-4-1, Nishihara-cho Nishitokyo, Tokyo, JPN
Iida Group Holdings Co Ltd is engaged in the operation of real estate business. It is involved in the development of real estate properties and the sale of various real estate properties. The company is also involved in various other real estate-related activities, such as renovation works, real estate brokerage services, hot spring and golf course operations, arrangement and lending of mortgage loans, and the provision of Internet-related consulting services, among others.

Iida Group Holdings Co (STU:IIO) Headlines

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