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IG Port (TSE:3791) Cyclically Adjusted PB Ratio : 3.84 (As of Jun. 07, 2024)


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What is IG Port Cyclically Adjusted PB Ratio?

As of today (2024-06-07), IG Port's current share price is 円1100.00. IG Port's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円286.10. IG Port's Cyclically Adjusted PB Ratio for today is 3.84.

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

TSE:3791' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.73   Max: 5.83
Current: 3.71

During the past years, IG Port's highest Cyclically Adjusted PB Ratio was 5.83. The lowest was 1.01. And the median was 1.73.

TSE:3791's Cyclically Adjusted PB Ratio is ranked worse than
86.71% of 692 companies
in the Media - Diversified industry
Industry Median: 1.13 vs TSE:3791: 3.71

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.

IG Port's adjusted book value per share data for the three months ended in Feb. 2024 was 円362.501. 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286.10 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


IG Port Cyclically Adjusted PB Ratio Historical Data

The historical data trend for IG Port'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.

IG Port Cyclically Adjusted PB Ratio Chart

IG Port 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 1.76 1.66 1.69 1.71 2.91

IG Port 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 2.28 2.91 3.47 3.63 5.09

Competitive Comparison of IG Port's Cyclically Adjusted PB Ratio

For the Entertainment subindustry, IG Port'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.


IG Port's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, IG Port's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



IG Port 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.

IG Port's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1100.00/286.1
=3.84

* 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.

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

For example, IG Port'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)
=362.501/106.9000*106.9000
=362.501

Current CPI (Feb. 2024) = 106.9000.

IG Port Quarterly Data

Book Value per Share CPI Adj_Book
201405 235.506 98.100 256.632
201408 233.875 98.300 254.336
201411 242.041 97.900 264.292
201502 230.914 97.600 252.917
201505 228.716 98.700 247.718
201508 226.727 98.400 246.312
201511 230.256 98.100 250.911
201602 234.629 97.800 256.461
201605 238.291 98.200 259.402
201608 237.666 97.900 259.515
201611 241.823 98.600 262.179
201702 241.488 98.100 263.151
201705 249.170 98.600 270.145
201708 242.797 98.500 263.503
201711 260.129 99.100 280.603
201802 265.581 99.500 285.333
201805 264.784 99.300 285.049
201808 256.719 99.800 274.983
201811 250.088 100.000 267.344
201902 237.979 99.700 255.165
201905 254.412 100.000 271.966
201908 257.727 100.000 275.510
201911 262.111 100.500 278.803
202002 262.256 100.300 279.513
202005 251.926 100.100 269.040
202008 255.564 100.100 272.925
202011 286.090 99.500 307.367
202102 278.563 99.800 298.381
202105 284.222 99.400 305.667
202108 295.545 99.700 316.888
202111 306.633 100.100 327.463
202202 320.268 100.700 339.987
202205 285.151 101.800 299.437
202208 297.485 102.700 309.651
202211 304.667 103.900 313.464
202302 320.220 104.000 329.149
202305 324.993 105.100 330.559
202308 342.255 105.900 345.487
202311 354.147 106.900 354.147
202402 362.501 106.900 362.501

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.


IG Port  (TSE:3791) 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.


IG Port Cyclically Adjusted PB Ratio Related Terms

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


IG Port (TSE:3791) Business Description

Traded in Other Exchanges
Address
Naka 2-1-9, Musashino-shi, Tokyo, JPN, 180-0006
IG Port Inc is a Japan-based content provider which delivers high-quality animated works and comics from the planning and production of contents, images, and music to the worldwide market.

IG Port (TSE:3791) Headlines

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