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Honeys Holdings Co (TSE:2792) Cyclically Adjusted PB Ratio : 1.24 (As of Jun. 08, 2024)


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What is Honeys Holdings Co Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Honeys Holdings Co's current share price is 円1589.00. Honeys Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円1,284.51. Honeys Holdings Co's Cyclically Adjusted PB Ratio for today is 1.24.

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

TSE:2792' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 1.02   Max: 1.66
Current: 1.29

During the past years, Honeys Holdings Co's highest Cyclically Adjusted PB Ratio was 1.66. The lowest was 0.72. And the median was 1.02.

TSE:2792's Cyclically Adjusted PB Ratio is ranked worse than
53.32% of 767 companies
in the Retail - Cyclical industry
Industry Median: 1.17 vs TSE:2792: 1.29

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.

Honeys Holdings Co's adjusted book value per share data for the three months ended in Feb. 2024 was 円1,486.378. 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1,284.51 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Honeys Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Honeys 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.

Honeys Holdings Co Cyclically Adjusted PB Ratio Chart

Honeys Holdings Co Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 1.13 0.89 0.90 1.18

Honeys Holdings Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.21 1.18 1.34 1.31 1.29

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

For the Apparel Retail subindustry, Honeys 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.


Honeys Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Honeys Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Honeys 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1589.00/1284.51
=1.24

* 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.

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

For example, Honeys Holdings Co's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=1486.378/106.9000*106.9000
=1,486.378

Current CPI (Feb. 2024) = 106.9000.

Honeys Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 1,075.988 98.100 1,172.509
201408 1,073.495 98.300 1,167.412
201411 1,162.553 97.900 1,269.427
201502 1,149.538 97.600 1,259.074
201505 1,203.725 98.700 1,303.731
201508 1,177.223 98.400 1,278.914
201511 1,172.910 98.100 1,278.125
201602 1,086.751 97.800 1,187.870
201605 1,091.506 98.200 1,188.208
201608 1,039.500 97.900 1,135.062
201611 1,098.573 98.600 1,191.049
201702 1,078.457 98.100 1,175.199
201705 1,097.500 98.600 1,189.886
201708 1,093.726 98.500 1,186.998
201711 1,120.250 99.100 1,208.423
201802 1,054.450 99.500 1,132.871
201805 1,078.388 99.300 1,160.923
201808 1,088.863 99.800 1,166.327
201811 1,120.416 100.000 1,197.725
201902 1,095.575 99.700 1,174.694
201905 1,175.448 100.000 1,256.554
201908 1,159.055 100.000 1,239.030
201911 1,235.496 100.500 1,314.174
202002 1,222.392 100.300 1,302.829
202005 1,218.436 100.100 1,301.207
202008 1,205.783 100.100 1,287.694
202011 1,235.150 99.500 1,327.010
202102 1,214.921 99.800 1,301.353
202105 1,281.520 99.400 1,378.214
202108 1,224.110 99.700 1,312.511
202111 1,262.603 100.100 1,348.374
202202 1,245.125 100.700 1,321.786
202205 1,354.787 101.800 1,422.659
202208 1,383.921 102.700 1,440.518
202211 1,407.457 103.900 1,448.096
202302 1,370.207 104.000 1,408.415
202305 1,462.574 105.100 1,487.623
202308 1,468.288 105.900 1,482.153
202311 1,489.592 106.900 1,489.592
202402 1,486.378 106.900 1,486.378

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.


Honeys Holdings Co  (TSE:2792) 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.


Honeys Holdings Co Cyclically Adjusted PB Ratio Related Terms

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Honeys Holdings Co (TSE:2792) Business Description

Traded in Other Exchanges
N/A
Address
Kuranaka Character 1 of 7 Natsumoto 27, Kashima cho, Fukushima Prefecture, Iwaki City, JPN, 971-8141
Honeys Holdings Co Ltd is a Japan-based company, engages in the planning, manufacturing, and selling of women's clothing and fashion accessories The company offers its products under the brands named CINEMA CLUB, GLACIER, COLZA and Comfort Basic through specialty retail stores located in suburban shopping malls and station buildings, as well as online shopping site.

Honeys Holdings Co (TSE:2792) Headlines

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