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OCHI HOLDINGS CO (TSE:3166) Cyclically Adjusted PB Ratio : 1.18 (As of Jun. 09, 2024)


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What is OCHI HOLDINGS CO Cyclically Adjusted PB Ratio?

As of today (2024-06-09), OCHI HOLDINGS CO's current share price is 円1442.00. OCHI HOLDINGS CO's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,219.21. OCHI HOLDINGS CO's Cyclically Adjusted PB Ratio for today is 1.18.

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

TSE:3166' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.09   Med: 1.27   Max: 2.27
Current: 1.21

During the past years, OCHI HOLDINGS CO's highest Cyclically Adjusted PB Ratio was 2.27. The lowest was 1.09. And the median was 1.27.

TSE:3166's Cyclically Adjusted PB Ratio is ranked worse than
51.24% of 767 companies
in the Retail - Cyclical industry
Industry Median: 1.17 vs TSE:3166: 1.21

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.

OCHI HOLDINGS CO's adjusted book value per share data for the three months ended in Dec. 2023 was 円1,744.895. 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1,219.21 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


OCHI HOLDINGS CO Cyclically Adjusted PB Ratio Historical Data

The historical data trend for OCHI 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.

OCHI HOLDINGS CO Cyclically Adjusted PB Ratio Chart

OCHI 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 - - 1.50 1.30 1.10

OCHI 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 1.13 1.10 1.12 1.20 1.19

Competitive Comparison of OCHI HOLDINGS CO's Cyclically Adjusted PB Ratio

For the Home Improvement Retail subindustry, OCHI 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.


OCHI HOLDINGS CO's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, OCHI HOLDINGS CO's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



OCHI 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.

OCHI HOLDINGS CO's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1442.00/1219.21
=1.18

* 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.

OCHI HOLDINGS CO's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, OCHI 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)
=1744.895/106.8000*106.8000
=1,744.895

Current CPI (Dec. 2023) = 106.8000.

OCHI HOLDINGS CO Quarterly Data

Book Value per Share CPI Adj_Book
201403 689.369 95.700 769.327
201406 704.798 98.000 768.086
201409 730.444 98.500 791.994
201412 752.661 97.900 821.085
201503 791.291 97.900 863.227
201506 798.481 98.400 866.644
201509 822.373 98.500 891.669
201512 848.812 98.100 924.089
201603 853.768 97.900 931.383
201606 865.303 98.100 942.042
201609 893.539 98.000 973.775
201612 925.296 98.400 1,004.285
201703 951.457 98.100 1,035.837
201706 965.763 98.500 1,047.142
201709 999.244 98.800 1,080.154
201712 1,030.851 99.400 1,107.594
201803 1,039.769 99.200 1,119.429
201806 1,045.820 99.200 1,125.943
201809 1,066.545 99.900 1,140.210
201812 1,073.503 99.700 1,149.951
201903 1,104.063 99.700 1,182.687
201906 1,108.978 99.800 1,186.762
201909 1,146.456 100.100 1,223.192
201912 1,175.486 100.500 1,249.173
202003 1,178.865 100.300 1,255.262
202006 1,186.238 99.900 1,268.170
202009 1,240.151 99.900 1,325.807
202012 1,275.248 99.300 1,371.566
202103 1,314.041 99.900 1,404.801
202106 1,319.648 99.500 1,416.466
202109 1,363.884 100.100 1,455.173
202112 1,507.039 100.100 1,607.910
202203 1,537.505 101.100 1,624.189
202206 1,543.025 101.800 1,618.812
202209 1,592.088 103.100 1,649.224
202212 1,621.634 104.100 1,663.694
202303 1,667.777 104.400 1,706.117
202306 1,694.193 105.200 1,719.960
202309 1,730.912 106.200 1,740.691
202312 1,744.895 106.800 1,744.895

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.


OCHI HOLDINGS CO  (TSE:3166) 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.


OCHI HOLDINGS CO Cyclically Adjusted PB Ratio Related Terms

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


OCHI HOLDINGS CO (TSE:3166) Business Description

Traded in Other Exchanges
Address
3-12-20 Nanotsu, Chuo-ku Fukuoka City, Fukuoka, JPN, 810-0071
OCHI HOLDINGS CO Ltd manufactures building materials and provides work supporting services. The company also deals in air conditioners, heating equipment, and wood and timber products.

OCHI HOLDINGS CO (TSE:3166) Headlines

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