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Quick Co (TSE:4318) Cyclically Adjusted PB Ratio : 4.33 (As of Jun. 07, 2024)


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What is Quick Co Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Quick Co's current share price is 円2130.00. Quick Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円492.08. Quick Co's Cyclically Adjusted PB Ratio for today is 4.33.

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

TSE:4318' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.32   Med: 4.68   Max: 10.65
Current: 4.37

During the past years, Quick Co's highest Cyclically Adjusted PB Ratio was 10.65. The lowest was 3.32. And the median was 4.68.

TSE:4318's Cyclically Adjusted PB Ratio is ranked worse than
80.8% of 677 companies
in the Business Services industry
Industry Median: 1.6 vs TSE:4318: 4.37

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.

Quick Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円849.955. 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492.08 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Quick Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Quick 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.

Quick Co Cyclically Adjusted PB Ratio Chart

Quick 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 8.07 3.77 4.04 4.37 4.11

Quick 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 5.06 4.11 5.15 4.45 5.24

Competitive Comparison of Quick Co's Cyclically Adjusted PB Ratio

For the Staffing & Employment Services subindustry, Quick 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.


Quick Co's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Quick Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Quick 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2130.00/492.08
=4.33

* 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.

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

For example, Quick 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)
=849.955/106.8000*106.8000
=849.955

Current CPI (Dec. 2023) = 106.8000.

Quick Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 166.658 95.700 185.988
201406 194.165 98.000 211.600
201409 200.488 98.500 217.382
201412 199.748 97.900 217.907
201503 211.082 97.900 230.271
201506 236.838 98.400 257.056
201509 247.373 98.500 268.218
201512 236.430 98.100 257.398
201603 250.623 97.900 273.407
201606 286.969 98.100 312.419
201609 297.771 98.000 324.510
201612 292.072 98.400 317.005
201703 308.510 98.100 335.870
201706 348.177 98.500 377.516
201709 363.762 98.800 393.216
201712 360.070 99.400 386.876
201803 370.717 99.200 399.119
201806 421.193 99.200 453.462
201809 443.008 99.900 473.606
201812 416.060 99.700 445.689
201903 443.185 99.700 474.746
201906 494.496 99.800 529.180
201909 501.272 100.100 534.824
201912 497.276 100.500 528.449
202003 502.182 100.300 534.726
202006 561.486 99.900 600.267
202009 569.368 99.900 608.694
202012 547.871 99.300 589.251
202103 567.230 99.900 606.408
202106 636.652 99.500 683.361
202109 659.016 100.100 703.126
202112 661.256 100.100 705.516
202203 642.196 101.100 678.403
202206 722.191 101.800 757.662
202209 739.697 103.100 766.243
202212 740.644 104.100 759.854
202303 733.581 104.400 750.445
202306 813.116 105.200 825.483
202309 853.363 106.200 858.184
202312 849.955 106.800 849.955

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.


Quick Co  (TSE:4318) 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.


Quick Co Cyclically Adjusted PB Ratio Related Terms

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


Quick Co (TSE:4318) Business Description

Traded in Other Exchanges
N/A
Address
Osaka Fukoku Seimei Building 2-4, Komatsubara, Kita-ku, Osaka, JPN, 530-0018
Quick Co Ltd provides human resource solutions and information services. The company operates in four business divisions namely Recruiting Division, Staffing Services Division, Information Publishing Division, and Others.

Quick Co (TSE:4318) Headlines

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