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Adjuvant Holdings Co (TSE:4929) Cyclically Adjusted PB Ratio : 1.48 (As of Jun. 06, 2024)


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What is Adjuvant Holdings Co Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Adjuvant Holdings Co's current share price is 円870.00. Adjuvant Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円586.32. Adjuvant Holdings Co's Cyclically Adjusted PB Ratio for today is 1.48.

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

TSE:4929' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.45   Med: 1.62   Max: 1.96
Current: 1.46

During the past years, Adjuvant Holdings Co's highest Cyclically Adjusted PB Ratio was 1.96. The lowest was 1.45. And the median was 1.62.

TSE:4929's Cyclically Adjusted PB Ratio is ranked worse than
52.95% of 1341 companies
in the Consumer Packaged Goods industry
Industry Median: 1.35 vs TSE:4929: 1.46

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.

Adjuvant Holdings Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円537.642. 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586.32 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adjuvant Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Adjuvant 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.

Adjuvant Holdings Co Cyclically Adjusted PB Ratio Chart

Adjuvant 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 - - - 1.97 1.67

Adjuvant 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 1.67 1.67 1.64 1.59 1.58

Competitive Comparison of Adjuvant Holdings Co's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, Adjuvant 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.


Adjuvant Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Adjuvant Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Adjuvant 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=870.00/586.32
=1.48

* 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.

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

For example, Adjuvant 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)
=537.642/106.8000*106.8000
=537.642

Current CPI (Dec. 2023) = 106.8000.

Adjuvant Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 567.814 95.700 633.673
201406 559.221 98.000 609.437
201409 569.537 98.500 617.528
201412 598.021 97.900 652.387
201503 550.786 97.900 600.857
201506 545.652 98.400 592.232
201509 557.579 98.500 604.563
201512 580.596 98.100 632.086
201603 558.002 97.900 608.729
201606 544.975 98.100 593.306
201609 552.597 98.000 602.218
201612 583.001 98.400 632.769
201703 574.127 98.100 625.043
201706 565.343 98.500 612.981
201709 577.466 98.800 624.224
201712 595.604 99.400 639.945
201803 589.363 99.200 634.516
201806 569.010 99.200 612.604
201809 584.639 99.900 625.019
201812 586.724 99.700 628.507
201903 571.937 99.700 612.667
201906 530.194 99.800 567.382
201909 522.288 100.100 557.246
201912 536.634 100.500 570.274
202003 517.828 100.300 551.386
202006 493.111 99.900 527.170
202009 482.191 99.900 515.495
202012 507.030 99.300 545.325
202103 512.175 99.900 547.550
202106 499.169 99.500 535.791
202109 509.922 100.100 544.053
202112 529.596 100.100 565.043
202203 537.308 101.100 567.601
202206 534.796 101.800 561.063
202209 538.175 103.100 557.489
202212 554.117 104.100 568.489
202303 561.020 104.400 573.917
202306 531.720 105.200 539.807
202309 521.807 106.200 524.755
202312 537.642 106.800 537.642

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.


Adjuvant Holdings Co  (TSE:4929) 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.


Adjuvant Holdings Co Cyclically Adjusted PB Ratio Related Terms

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


Adjuvant Holdings Co (TSE:4929) Business Description

Traded in Other Exchanges
N/A
Address
5-5-5 Shimoyamatedori, Chuo-ku, Hyogo Prefecture, Kobe City, JPN, 650-0011
Adjuvant Holdings Co Ltd, formerly Adjuvant Cosme Japan Co Ltd is engaged in the research, development, production, and sale of cosmetics in Japan. It offers skin care products, including cleansing products, facial cleansers, lotions, beauty essences, masks, moisturizing creams, makeup bases, makeup, and body care products among other products.

Adjuvant Holdings Co (TSE:4929) Headlines

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