GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sanken Electric Co Ltd (STU:XSK) » Definitions » Cyclically Adjusted PB Ratio

Sanken Electric Co (STU:XSK) Cyclically Adjusted PB Ratio : 1.82 (As of Jun. 10, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Sanken Electric Co Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Sanken Electric Co's current share price is €35.00. Sanken Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €19.27. Sanken Electric Co's Cyclically Adjusted PB Ratio for today is 1.82.

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

STU:XSK' 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.

STU:XSK's Cyclically Adjusted PB Ratio is ranked better than
59.3% of 688 companies
in the Semiconductors industry
Industry Median: 2.555 vs STU:XSK: 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 €32.696. 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 €19.27 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
=35.00/19.27
=1.82

* 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)
=32.696/106.8000*106.8000
=32.696

Current CPI (Dec. 2023) = 106.8000.

Sanken Electric Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 14.191 95.700 15.837
201406 14.348 98.000 15.636
201409 16.207 98.500 17.573
201412 16.939 97.900 18.479
201503 19.808 97.900 21.609
201506 18.628 98.400 20.218
201509 18.910 98.500 20.503
201512 18.940 98.100 20.620
201603 17.572 97.900 19.169
201606 16.712 98.100 18.194
201609 17.342 98.000 18.899
201612 18.752 98.400 20.353
201703 18.584 98.100 20.232
201706 18.161 98.500 19.691
201709 12.872 98.800 13.914
201712 18.130 99.400 19.480
201803 17.462 99.200 18.800
201806 18.174 99.200 19.566
201809 18.725 99.900 20.018
201812 19.027 99.700 20.382
201903 19.150 99.700 20.514
201906 18.602 99.800 19.907
201909 18.471 100.100 19.707
201912 17.552 100.500 18.652
202003 17.342 100.300 18.466
202006 16.261 99.900 17.384
202009 14.625 99.900 15.635
202012 20.901 99.300 22.480
202103 26.764 99.900 28.613
202106 26.582 99.500 28.532
202109 27.961 100.100 29.833
202112 29.004 100.100 30.945
202203 30.130 101.100 31.829
202206 29.989 101.800 31.462
202209 31.921 103.100 33.067
202212 31.103 104.100 31.910
202303 32.154 104.400 32.893
202306 33.581 105.200 34.092
202309 34.066 106.200 34.258
202312 32.696 106.800 32.696

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  (STU:XSK) 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 (STU:XSK) 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.

Sanken Electric Co (STU:XSK) Headlines

No Headlines