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Sumitomo Riko Co (TSE:5191) Cyclically Adjusted PB Ratio : 0.77 (As of Jun. 07, 2024)


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What is Sumitomo Riko Co Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Sumitomo Riko Co's current share price is 円1288.00. Sumitomo Riko Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円1,668.57. Sumitomo Riko Co's Cyclically Adjusted PB Ratio for today is 0.77.

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

TSE:5191' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.48   Max: 0.85
Current: 0.76

During the past years, Sumitomo Riko Co's highest Cyclically Adjusted PB Ratio was 0.85. The lowest was 0.32. And the median was 0.48.

TSE:5191's Cyclically Adjusted PB Ratio is ranked better than
70.91% of 997 companies
in the Vehicles & Parts industry
Industry Median: 1.35 vs TSE:5191: 0.76

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.

Sumitomo Riko Co's adjusted book value per share data for the three months ended in Mar. 2024 was 円1,891.298. 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1,668.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sumitomo Riko Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sumitomo Riko 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.

Sumitomo Riko Co Cyclically Adjusted PB Ratio Chart

Sumitomo Riko Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.46 0.38 0.42 0.79

Sumitomo Riko Co 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 0.42 0.52 0.68 0.64 0.79

Competitive Comparison of Sumitomo Riko Co's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Sumitomo Riko 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.


Sumitomo Riko Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sumitomo Riko Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sumitomo Riko 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1288.00/1668.57
=0.77

* 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.

Sumitomo Riko Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Sumitomo Riko Co'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)
=1891.298/107.2000*107.2000
=1,891.298

Current CPI (Mar. 2024) = 107.2000.

Sumitomo Riko Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,638.942 98.000 1,792.802
201409 1,680.471 98.500 1,828.898
201412 1,759.407 97.900 1,926.542
201503 1,683.583 97.900 1,843.515
201506 1,697.658 98.400 1,849.481
201509 1,618.402 98.500 1,761.347
201512 1,605.397 98.100 1,754.318
201603 1,539.935 97.900 1,686.221
201606 1,430.401 98.100 1,563.089
201609 1,417.361 98.000 1,550.419
201612 1,560.035 98.400 1,699.550
201703 1,553.433 98.100 1,697.533
201706 1,560.705 98.500 1,698.554
201709 1,592.131 98.800 1,727.494
201712 1,609.573 99.400 1,735.878
201803 1,583.170 99.200 1,710.845
201806 1,580.743 99.200 1,708.222
201809 1,592.927 99.900 1,709.327
201812 1,578.547 99.700 1,697.294
201903 1,524.820 99.700 1,639.526
201906 1,481.103 99.800 1,590.924
201909 1,469.209 100.100 1,573.419
201912 1,495.252 100.500 1,594.935
202003 1,450.717 100.300 1,550.517
202006 1,372.048 99.900 1,472.308
202009 1,309.454 99.900 1,405.140
202012 1,368.484 99.300 1,477.356
202103 1,470.099 99.900 1,577.524
202106 1,486.598 99.500 1,601.641
202109 1,443.912 100.100 1,546.327
202112 1,458.705 100.100 1,562.170
202203 1,520.583 101.100 1,612.329
202206 1,560.688 101.800 1,643.475
202209 1,552.800 103.100 1,614.551
202212 1,498.767 104.100 1,543.399
202303 1,609.487 104.400 1,652.653
202306 1,680.607 105.200 1,712.558
202309 1,741.392 106.200 1,757.789
202312 1,775.112 106.800 1,781.760
202403 1,891.298 107.200 1,891.298

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.


Sumitomo Riko Co  (TSE:5191) 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.


Sumitomo Riko Co Cyclically Adjusted PB Ratio Related Terms

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Sumitomo Riko Co (TSE:5191) Business Description

Traded in Other Exchanges
N/A
Address
1 Higashi 3-chome, Aichi, Komaki, JPN, 485-8550
Sumitomo Riko Co Ltd manufactures and sells automotive parts that include antivibration rubbers and hoses, IT-related products, and various industrial materials. The company's high-polymer compounding technology serves as a major component to many of the products it engineers. Sumitomo derives a significant portion of sales from its automotive segment, with revenue dispersed globally. Alongside antivibration rubbers and hoses, automotive product offerings include sound controlling and insulation products, interior equipment (headrests and instrument panels), and connector seals. The company's other segments bring rubber technologies to printers and copy machines, infrastructure, housing, and healthcare.

Sumitomo Riko Co (TSE:5191) Headlines

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