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GungHo Online Entertainment (TSE:3765) Cyclically Adjusted PB Ratio : 1.94 (As of May. 17, 2024)


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What is GungHo Online Entertainment Cyclically Adjusted PB Ratio?

As of today (2024-05-17), GungHo Online Entertainment's current share price is 円2591.50. GungHo Online Entertainment's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円1,338.50. GungHo Online Entertainment's Cyclically Adjusted PB Ratio for today is 1.94.

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

TSE:3765' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.64   Med: 2.79   Max: 8.57
Current: 1.93

During the past years, GungHo Online Entertainment's highest Cyclically Adjusted PB Ratio was 8.57. The lowest was 1.64. And the median was 2.79.

TSE:3765's Cyclically Adjusted PB Ratio is ranked worse than
55.29% of 293 companies
in the Interactive Media industry
Industry Median: 1.68 vs TSE:3765: 1.93

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.

GungHo Online Entertainment's adjusted book value per share data for the three months ended in Mar. 2024 was 円2,203.129. 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1,338.50 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GungHo Online Entertainment Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GungHo Online Entertainment'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.

GungHo Online Entertainment Cyclically Adjusted PB Ratio Chart

GungHo Online Entertainment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.71 3.10 2.86 1.92 1.81

GungHo Online Entertainment 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 2.09 2.34 1.88 1.81 1.83

Competitive Comparison of GungHo Online Entertainment's Cyclically Adjusted PB Ratio

For the Electronic Gaming & Multimedia subindustry, GungHo Online Entertainment'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.


GungHo Online Entertainment's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, GungHo Online Entertainment's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where GungHo Online Entertainment's Cyclically Adjusted PB Ratio falls into.



GungHo Online Entertainment 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.

GungHo Online Entertainment's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2591.50/1338.5
=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.

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

For example, GungHo Online Entertainment'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)
=2203.129/107.2000*107.2000
=2,203.129

Current CPI (Mar. 2024) = 107.2000.

GungHo Online Entertainment Quarterly Data

Book Value per Share CPI Adj_Book
201406 865.878 98.000 947.165
201409 1,009.609 98.500 1,098.783
201412 1,123.150 97.900 1,229.844
201503 1,224.247 97.900 1,340.544
201506 681.850 98.400 742.828
201509 781.974 98.500 851.042
201512 924.620 98.100 1,010.390
201603 974.846 97.900 1,067.451
201606 1,052.305 98.100 1,149.919
201609 403.064 98.000 440.903
201612 552.438 98.400 601.843
201703 610.483 98.100 667.113
201706 695.230 98.500 756.636
201709 779.358 98.800 845.619
201712 844.504 99.400 910.773
201803 872.204 99.200 942.543
201806 921.106 99.200 995.389
201809 964.469 99.900 1,034.946
201812 1,048.313 99.700 1,127.173
201903 1,136.831 99.700 1,222.350
201906 1,161.148 99.800 1,247.245
201909 1,208.411 100.100 1,294.122
201912 1,231.074 100.500 1,313.146
202003 1,234.904 100.300 1,319.858
202006 1,305.019 99.900 1,400.381
202009 1,358.316 99.900 1,457.572
202012 1,436.889 99.300 1,551.203
202103 1,508.142 99.900 1,618.347
202106 1,605.504 99.500 1,729.749
202109 1,659.391 100.100 1,777.090
202112 1,697.953 100.100 1,818.387
202203 1,675.410 101.100 1,776.498
202206 1,744.122 101.800 1,836.639
202209 1,798.755 103.100 1,870.286
202212 1,912.590 104.100 1,969.545
202303 1,945.930 104.400 1,998.120
202306 2,048.123 105.200 2,087.061
202309 2,110.920 106.200 2,130.797
202312 2,149.659 106.800 2,157.710
202403 2,203.129 107.200 2,203.129

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.


GungHo Online Entertainment  (TSE:3765) 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.


GungHo Online Entertainment Cyclically Adjusted PB Ratio Related Terms

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


GungHo Online Entertainment (TSE:3765) Business Description

Traded in Other Exchanges
Address
1-11-1, Pacific Century Place Marunouchi, Marunouchi, Chiyodaku, Tokyo, JPN, 100-6221
GungHo Online Entertainment, Inc. is a Japanese company that plans, develops, and distributes online video games. These games include smartphone platforms, online computer games, and console games. The company operates through its Personal Computer (PC) online segment, which is involved with distributing, operating, and licensing online games, and Mobile Consumer segment, which is involved with planning, development, and delivery of smartphone, consoles, and portable gaming machines.

GungHo Online Entertainment (TSE:3765) Headlines

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