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Masaru (TSE:1795) Cyclically Adjusted PB Ratio : 0.86 (As of Jun. 08, 2024)


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What is Masaru Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Masaru's current share price is 円3925.00. Masaru's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円4,560.99. Masaru's Cyclically Adjusted PB Ratio for today is 0.86.

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

TSE:1795' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 0.83   Max: 1.23
Current: 0.86

During the past years, Masaru's highest Cyclically Adjusted PB Ratio was 1.23. The lowest was 0.74. And the median was 0.83.

TSE:1795's Cyclically Adjusted PB Ratio is ranked better than
61.5% of 1257 companies
in the Construction industry
Industry Median: 1.12 vs TSE:1795: 0.86

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.

Masaru's adjusted book value per share data for the three months ended in Mar. 2024 was 円5,587.431. 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 円4,560.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Masaru Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Masaru'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.

Masaru Cyclically Adjusted PB Ratio Chart

Masaru Annual Data
Trend Mar14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 1.03 0.86 0.74 0.78

Masaru 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 0.78 0.79 0.78 0.75 0.76

Competitive Comparison of Masaru's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Masaru'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.


Masaru's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Masaru's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Masaru 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3925.00/4560.99
=0.86

* 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.

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

For example, Masaru'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)
=5587.431/107.2000*107.2000
=5,587.431

Current CPI (Mar. 2024) = 107.2000.

Masaru Quarterly Data

Book Value per Share CPI Adj_Book
201406 3,069.259 98.000 3,357.394
201409 3,233.547 98.500 3,519.150
201412 3,140.093 97.900 3,438.386
201503 3,498.415 97.900 3,830.747
201506 3,398.220 98.400 3,702.126
201509 3,421.568 98.500 3,723.778
201512 3,188.179 98.100 3,483.922
201603 3,572.173 97.900 3,911.511
201606 3,508.001 98.100 3,833.412
201609 3,776.097 98.000 4,130.588
201612 3,599.183 98.400 3,921.061
201703 3,922.042 98.100 4,285.860
201706 3,837.361 98.500 4,176.295
201709 3,926.824 98.800 4,260.684
201712 3,725.326 99.400 4,017.655
201803 4,149.765 99.200 4,484.423
201806 3,968.640 99.200 4,288.692
201809 4,159.494 99.900 4,463.441
201812 3,918.557 99.700 4,213.333
201903 4,392.945 99.700 4,723.407
201906 4,280.685 99.800 4,598.091
201909 4,474.045 100.100 4,791.385
201912 4,177.198 100.500 4,455.678
202003 4,696.647 100.300 5,019.746
202006 4,661.696 99.900 5,002.340
202009 4,784.839 99.900 5,134.482
202012 4,571.411 99.300 4,935.098
202103 4,984.053 99.900 5,348.253
202106 4,868.508 99.500 5,245.267
202109 5,010.205 100.100 5,365.574
202112 4,797.010 100.100 5,137.257
202203 5,092.352 101.100 5,399.606
202206 4,985.158 101.800 5,249.597
202209 5,079.881 103.100 5,281.894
202212 4,876.099 104.100 5,021.305
202303 5,214.000 104.400 5,353.839
202306 5,053.172 105.200 5,149.240
202309 5,394.783 106.200 5,445.581
202312 5,132.773 106.800 5,151.997
202403 5,587.431 107.200 5,587.431

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.


Masaru  (TSE:1795) 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.


Masaru Cyclically Adjusted PB Ratio Related Terms

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


Masaru (TSE:1795) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Sumitomo Real Estate Hamacho, 3rd floor, Building No. 42-3, Nihonbashi Hamacho, Chuo-ku, Tokyo, JPN, 103-0007
Masaru Corporation is engaged in the construction activities in Japan. The company is involved in the renewal of apartments and building. Further it is also involved in the sealing and waterproofing business.

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