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Ai Holdings (TSE:3076) Cyclically Adjusted PB Ratio : 2.17 (As of Jun. 08, 2024)


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What is Ai Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Ai Holdings's current share price is 円2292.00. Ai Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円1,057.01. Ai Holdings's Cyclically Adjusted PB Ratio for today is 2.17.

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

TSE:3076' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.55   Med: 2.58   Max: 5.3
Current: 2.33

During the past years, Ai Holdings's highest Cyclically Adjusted PB Ratio was 5.30. The lowest was 1.55. And the median was 2.58.

TSE:3076's Cyclically Adjusted PB Ratio is ranked worse than
77.16% of 451 companies
in the Conglomerates industry
Industry Median: 0.97 vs TSE:3076: 2.33

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.

Ai Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was 円1,576.685. 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1,057.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ai Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ai 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.

Ai Holdings Cyclically Adjusted PB Ratio Chart

Ai Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.75 2.23 2.87 1.81 2.38

Ai 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 2.44 2.38 2.37 2.27 2.33

Competitive Comparison of Ai Holdings's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Ai 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.


Ai Holdings's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

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

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



Ai 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2292.00/1057.01
=2.17

* 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.

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

For example, Ai 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)
=1576.685/107.2000*107.2000
=1,576.685

Current CPI (Mar. 2024) = 107.2000.

Ai Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 561.718 98.000 614.451
201409 587.286 98.500 639.158
201412 616.317 97.900 674.864
201503 633.271 97.900 693.429
201506 662.913 98.400 722.198
201509 662.744 98.500 721.281
201512 696.463 98.100 761.069
201603 704.380 97.900 771.293
201606 720.231 98.100 787.041
201609 729.373 98.000 797.845
201612 780.048 98.400 849.808
201703 795.905 98.100 869.735
201706 827.379 98.500 900.457
201709 849.296 98.800 921.503
201712 887.894 99.400 957.568
201803 896.572 99.200 968.876
201806 922.180 99.200 996.549
201809 941.585 99.900 1,010.390
201812 967.451 99.700 1,040.228
201903 988.925 99.700 1,063.318
201906 990.610 99.800 1,064.062
201909 1,006.447 100.100 1,077.833
201912 1,044.518 100.500 1,114.153
202003 1,044.454 100.300 1,116.306
202006 1,044.655 99.900 1,120.991
202009 1,052.405 99.900 1,129.307
202012 1,085.388 99.300 1,171.738
202103 1,115.604 99.900 1,197.125
202106 1,133.853 99.500 1,221.598
202109 1,155.730 100.100 1,237.705
202112 1,199.905 100.100 1,285.013
202203 1,229.678 101.100 1,303.872
202206 1,293.377 101.800 1,361.984
202209 1,309.530 103.100 1,361.606
202212 1,329.378 104.100 1,368.966
202303 1,339.709 104.400 1,375.640
202306 1,415.055 105.200 1,441.957
202309 1,414.023 106.200 1,427.338
202312 1,559.575 106.800 1,565.416
202403 1,576.685 107.200 1,576.685

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.


Ai Holdings  (TSE:3076) 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.


Ai Holdings Cyclically Adjusted PB Ratio Related Terms

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


Ai Holdings (TSE:3076) Business Description

Traded in Other Exchanges
N/A
Address
12-8 Nihonbashi Hisamatsucho, Chuo-ku, Tokyo, JPN, 103-0005
Ai Holdings is mainly engaged in information equipment and security equipment businesses. The company has several business segments: security equipment, card equipment, maintenance service, information equipment, measuring device and environmental testing equipment, design, leasing, and installment. The security equipment sector offers surveillance cameras and recorders, as well as services. The card equipment segment offers card-issuing system equipment. The information equipment segment's main products are cutting machines and scanners. The measurement equipment segment offers environmental test equipment that accomodates a wide range of data such as voltage, temperature, humidity, and pulse. The design segment is mainly focused on the earthquake-resistant structural design.

Ai Holdings (TSE:3076) Headlines

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