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Asahi Eito Holdings Co (TSE:5341) Cyclically Adjusted PB Ratio : 0.60 (As of Jun. 02, 2024)


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What is Asahi Eito Holdings Co Cyclically Adjusted PB Ratio?

As of today (2024-06-02), Asahi Eito Holdings Co's current share price is 円365.00. Asahi Eito Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円607.28. Asahi Eito Holdings Co's Cyclically Adjusted PB Ratio for today is 0.60.

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

TSE:5341' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.88   Max: 1.69
Current: 0.6

During the past years, Asahi Eito Holdings Co's highest Cyclically Adjusted PB Ratio was 1.69. The lowest was 0.36. And the median was 0.88.

TSE:5341's Cyclically Adjusted PB Ratio is ranked better than
78.51% of 1326 companies
in the Consumer Packaged Goods industry
Industry Median: 1.35 vs TSE:5341: 0.60

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.

Asahi Eito Holdings Co's adjusted book value per share data for the three months ended in Feb. 2024 was 円253.064. 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607.28 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asahi Eito Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Asahi Eito 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.

Asahi Eito Holdings Co Cyclically Adjusted PB Ratio Chart

Asahi Eito Holdings Co Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 1.22 0.96 0.96 0.89

Asahi Eito Holdings Co 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 1.09 0.80 1.17 0.89 0.74

Competitive Comparison of Asahi Eito Holdings Co's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, Asahi Eito 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.


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

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

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



Asahi Eito 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=365.00/607.28
=0.60

* 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.

Asahi Eito Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Asahi Eito Holdings Co'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)
=253.064/106.9000*106.9000
=253.064

Current CPI (Feb. 2024) = 106.9000.

Asahi Eito Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 1,022.109 98.100 1,113.797
201408 1,025.902 98.300 1,115.655
201411 1,061.838 97.900 1,159.453
201502 1,062.947 97.600 1,164.232
201505 1,028.797 98.700 1,114.269
201508 985.039 98.400 1,070.129
201511 949.828 98.100 1,035.032
201602 913.568 97.800 998.573
201605 843.802 98.200 918.558
201608 770.067 97.900 840.860
201611 747.847 98.600 810.800
201702 732.702 98.100 798.429
201705 699.810 98.600 758.719
201708 686.895 98.500 745.473
201711 687.831 99.100 741.969
201802 675.223 99.500 725.441
201805 528.942 99.300 569.425
201808 485.020 99.800 519.525
201811 476.081 100.000 508.931
201902 467.232 99.700 500.974
201905 446.493 100.000 477.301
201908 382.979 100.000 409.405
201911 299.462 100.500 318.532
202002 319.756 100.300 340.797
202005 326.306 100.100 348.473
202008 334.248 100.100 356.954
202011 351.460 99.500 377.599
202102 373.097 99.800 399.640
202105 382.791 99.400 411.674
202108 382.686 99.700 410.322
202111 360.120 100.100 384.584
202202 356.968 100.700 378.946
202205 342.281 101.800 359.429
202208 325.253 102.700 338.554
202211 340.133 103.900 349.954
202302 310.515 104.000 319.174
202305 306.451 105.100 311.699
202308 280.968 105.900 283.621
202311 251.409 106.900 251.409
202402 253.064 106.900 253.064

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.


Asahi Eito Holdings Co  (TSE:5341) 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.


Asahi Eito Holdings Co Cyclically Adjusted PB Ratio Related Terms

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Asahi Eito Holdings Co (TSE:5341) Business Description

Traded in Other Exchanges
N/A
Address
1-8 Chiba-machi 1-chome, Central Oedo FN Bldg, 10th Floor, Chuo-ku, Osaka, JPN, 587-0028
Asahi Eito Holdings Co Ltd manufactures and sells sanitation and bathroom equipment in Japan. It provides sanitation equipment including sanitary ware and accessories, flush toilets and washing equipment including bathroom vanity stands, washing faucets, among others.

Asahi Eito Holdings Co (TSE:5341) Headlines

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