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WDB Holdings Co (TSE:2475) Cyclically Adjusted PB Ratio : 1.94 (As of Jun. 01, 2024)


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What is WDB Holdings Co Cyclically Adjusted PB Ratio?

As of today (2024-06-01), WDB Holdings Co's current share price is 円1737.00. WDB Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円895.07. WDB Holdings Co's Cyclically Adjusted PB Ratio for today is 1.94.

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

TSE:2475' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.84   Med: 5.08   Max: 11.48
Current: 1.84

During the past years, WDB Holdings Co's highest Cyclically Adjusted PB Ratio was 11.48. The lowest was 1.84. And the median was 5.08.

TSE:2475's Cyclically Adjusted PB Ratio is ranked worse than
55.9% of 669 companies
in the Business Services industry
Industry Median: 1.61 vs TSE:2475: 1.84

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.

WDB Holdings Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円1,482.421. 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895.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


WDB Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for WDB 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.

* Premium members only.

WDB Holdings Co Cyclically Adjusted PB Ratio Chart

WDB Holdings Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.73 4.47 4.66 4.10 2.51

WDB Holdings Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.91 2.51 2.57 2.37 2.47

Competitive Comparison of WDB Holdings Co's Cyclically Adjusted PB Ratio

For the Staffing & Employment Services subindustry, WDB 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.


WDB Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, WDB Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



WDB 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1737.00/895.07
=1.94

* 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.

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

For example, WDB Holdings 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)
=1482.421/106.8000*106.8000
=1,482.421

Current CPI (Dec. 2023) = 106.8000.

WDB Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 335.285 95.700 374.174
201406 340.025 98.000 370.558
201409 358.938 98.500 389.184
201412 378.494 97.900 412.903
201503 400.322 97.900 436.715
201506 411.997 98.400 447.167
201509 432.794 98.500 469.263
201512 450.685 98.100 490.654
201603 471.706 97.900 514.588
201606 485.405 98.100 528.453
201609 505.018 98.000 550.367
201612 533.368 98.400 578.899
201703 567.831 98.100 618.189
201706 613.807 98.500 665.529
201709 655.715 98.800 708.809
201712 680.319 99.400 730.966
201803 695.513 99.200 748.798
201806 721.159 99.200 776.409
201809 760.565 99.900 813.097
201812 799.352 99.700 856.277
201903 820.281 99.700 878.696
201906 837.500 99.800 896.242
201909 876.801 100.100 935.488
201912 930.764 100.500 989.110
202003 974.381 100.300 1,037.526
202006 998.724 99.900 1,067.705
202009 1,039.733 99.900 1,111.546
202012 1,073.627 99.300 1,154.717
202103 1,105.078 99.900 1,181.405
202106 1,137.971 99.500 1,221.460
202109 1,187.411 100.100 1,266.888
202112 1,223.758 100.100 1,305.668
202203 1,272.253 101.100 1,343.982
202206 1,289.867 101.800 1,353.220
202209 1,332.918 103.100 1,380.753
202212 1,350.485 104.100 1,385.512
202303 1,405.744 104.400 1,438.060
202306 1,407.836 105.200 1,429.248
202309 1,453.843 106.200 1,462.057
202312 1,482.421 106.800 1,482.421

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.


WDB Holdings Co  (TSE:2475) 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.


WDB Holdings Co Cyclically Adjusted PB Ratio Related Terms

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


WDB Holdings Co (TSE:2475) Business Description

Traded in Other Exchanges
N/A
Address
79 Toyosawa-cho, Hyogo, Himeji, JPN, 670-0964
WDB Holdings Co Ltd is a Japan based holding company engaged in providing human resource services. It specializes in temporary staffing and permanent employee introductions in fields such as biotechnology and chemistry research and development. The company operates in the businesses of Human resource services, CRO business, Contract research business, and Interaction business. In Human resource services, the company provides temporary staffing and recruiting services. In the CRO business, it offers support from basic research to clinical trials in the pharmaceutical, medical and other industries. The company operates contract research business in the fields of new materials, marine organism and industrial machinery.

WDB Holdings Co (TSE:2475) Headlines

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