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Tsuburaya Fields Holdings (TSE:2767) Cyclically Adjusted PB Ratio : 2.41 (As of Jun. 08, 2024)


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What is Tsuburaya Fields Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Tsuburaya Fields Holdings's current share price is 円1572.00. Tsuburaya Fields Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円651.42. Tsuburaya Fields Holdings's Cyclically Adjusted PB Ratio for today is 2.41.

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

TSE:2767' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.6   Max: 4.73
Current: 2.29

During the past years, Tsuburaya Fields Holdings's highest Cyclically Adjusted PB Ratio was 4.73. The lowest was 0.18. And the median was 0.60.

TSE:2767's Cyclically Adjusted PB Ratio is ranked worse than
65.86% of 618 companies
in the Travel & Leisure industry
Industry Median: 1.385 vs TSE:2767: 2.29

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.

Tsuburaya Fields Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was 円730.416. 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651.42 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tsuburaya Fields Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tsuburaya Fields Holdings'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.

Tsuburaya Fields Holdings Cyclically Adjusted PB Ratio Chart

Tsuburaya Fields Holdings 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 0.20 0.42 0.67 3.13 2.60

Tsuburaya Fields Holdings 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 3.13 4.53 3.12 1.94 2.60

Competitive Comparison of Tsuburaya Fields Holdings's Cyclically Adjusted PB Ratio

For the Gambling subindustry, Tsuburaya Fields Holdings'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.


Tsuburaya Fields Holdings's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tsuburaya Fields Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Tsuburaya Fields Holdings 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.

Tsuburaya Fields Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1572.00/651.42
=2.41

* 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.

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

For example, Tsuburaya Fields Holdings'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)
=730.416/107.2000*107.2000
=730.416

Current CPI (Mar. 2024) = 107.2000.

Tsuburaya Fields Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 841.450 98.000 920.443
201409 821.244 98.500 893.780
201412 801.084 97.900 877.183
201503 896.386 97.900 981.538
201506 866.763 98.400 944.278
201509 887.768 98.500 966.180
201512 878.863 98.100 960.389
201603 863.433 97.900 945.455
201606 811.420 98.100 886.689
201609 768.628 98.000 840.785
201612 687.911 98.400 749.431
201703 636.246 98.100 695.266
201706 587.382 98.500 639.262
201709 571.425 98.800 620.008
201712 547.076 99.400 590.006
201803 527.473 99.200 570.011
201806 485.042 99.200 524.158
201809 481.773 99.900 516.978
201812 523.585 99.700 562.972
201903 515.795 99.700 554.596
201906 500.125 99.800 537.208
201909 464.354 100.100 497.290
201912 440.939 100.500 470.335
202003 509.286 100.300 544.322
202006 460.542 99.900 494.195
202009 452.466 99.900 485.529
202012 471.890 99.300 509.432
202103 460.987 99.900 494.673
202106 440.342 99.500 474.419
202109 436.831 100.100 467.815
202112 459.657 100.100 492.260
202203 470.127 101.100 498.493
202206 457.044 101.800 481.288
202209 497.437 103.100 517.219
202212 549.677 104.100 566.046
202303 598.851 104.400 614.912
202306 608.362 105.200 619.928
202309 615.151 106.200 620.943
202312 698.243 106.800 700.858
202403 730.416 107.200 730.416

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.


Tsuburaya Fields Holdings  (TSE:2767) 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.


Tsuburaya Fields Holdings Cyclically Adjusted PB Ratio Related Terms

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Tsuburaya Fields Holdings (TSE:2767) Business Description

Traded in Other Exchanges
Address
16-17 Nampeidai-cho, Shibuya-ku, Shibuya Garden Tower, Tokyo, JPN, 150-0036
Tsuburaya Fields Holdings Inc formelry, Field Corp is a Japanese company which primarily develops and distributes gaming machines. The company designs, develops, sells, and maintains Pachinko and Pachislot gaming machines and software. In addition to its core gaming machine business, the company produces, licenses, and merchandises comics, movies, and interactive media content. Field Corp organises itself into four segments: comics, animation, movies/TV, and merchandising. The company is headquartered in Japan and generates all revenue domestically.

Tsuburaya Fields Holdings (TSE:2767) Headlines

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