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Sanyo Special Steel Co (TSE:5481) Cyclically Adjusted PB Ratio : 0.55 (As of Jun. 09, 2024)


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What is Sanyo Special Steel Co Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Sanyo Special Steel Co's current share price is 円2105.00. Sanyo Special Steel Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円3,841.73. Sanyo Special Steel Co's Cyclically Adjusted PB Ratio for today is 0.55.

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

TSE:5481' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.58   Max: 0.95
Current: 0.55

During the past years, Sanyo Special Steel Co's highest Cyclically Adjusted PB Ratio was 0.95. The lowest was 0.22. And the median was 0.58.

TSE:5481's Cyclically Adjusted PB Ratio is ranked better than
71.23% of 511 companies
in the Steel industry
Industry Median: 0.99 vs TSE:5481: 0.55

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.

Sanyo Special Steel Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円4,105.334. 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3,841.73 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sanyo Special Steel Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sanyo Special Steel 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.

Sanyo Special Steel Co Cyclically Adjusted PB Ratio Chart

Sanyo Special Steel 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 0.28 0.47 0.60 0.66 -

Sanyo Special Steel 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 0.66 0.76 0.77 0.69 -

Competitive Comparison of Sanyo Special Steel Co's Cyclically Adjusted PB Ratio

For the Steel subindustry, Sanyo Special Steel 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.


Sanyo Special Steel Co's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Sanyo Special Steel Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sanyo Special Steel 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.

Sanyo Special Steel Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2105.00/3841.73
=0.55

* 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.

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

For example, Sanyo Special Steel 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)
=4105.334/106.8000*106.8000
=4,105.334

Current CPI (Dec. 2023) = 106.8000.

Sanyo Special Steel Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 3,167.284 95.700 3,534.649
201406 3,227.073 98.000 3,516.851
201409 3,255.867 98.500 3,530.219
201412 3,335.524 97.900 3,638.753
201503 3,497.485 97.900 3,815.438
201506 3,556.988 98.400 3,860.633
201509 3,532.058 98.500 3,829.683
201512 3,573.453 98.100 3,890.365
201603 3,483.394 97.900 3,800.066
201606 3,458.983 98.100 3,765.743
201609 3,501.073 98.000 3,815.455
201612 3,602.561 98.400 3,910.097
201703 3,796.742 98.100 4,133.456
201706 3,830.294 98.500 4,153.050
201709 3,902.828 98.800 4,218.846
201712 3,967.851 99.400 4,263.244
201803 3,960.819 99.200 4,264.269
201806 4,029.018 99.200 4,337.693
201809 4,065.430 99.900 4,346.225
201812 4,043.980 99.700 4,331.967
201903 3,480.586 99.700 3,728.451
201906 3,436.137 99.800 3,677.149
201909 3,411.080 100.100 3,639.394
201912 3,322.984 100.500 3,531.290
202003 3,273.058 100.300 3,485.170
202006 3,138.585 99.900 3,355.364
202009 3,165.505 99.900 3,384.143
202012 3,138.842 99.300 3,375.915
202103 3,273.770 99.900 3,499.886
202106 3,438.989 99.500 3,691.297
202109 3,448.147 100.100 3,678.942
202112 3,444.256 100.100 3,674.791
202203 3,615.327 101.100 3,819.158
202206 3,781.417 101.800 3,967.145
202209 3,869.803 103.100 4,008.681
202212 3,808.304 104.100 3,907.078
202303 3,934.439 104.400 4,024.886
202306 3,992.857 105.200 4,053.585
202309 4,081.705 106.200 4,104.765
202312 4,105.334 106.800 4,105.334

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.


Sanyo Special Steel Co  (TSE:5481) 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.


Sanyo Special Steel Co Cyclically Adjusted PB Ratio Related Terms

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


Sanyo Special Steel Co (TSE:5481) Business Description

Traded in Other Exchanges
N/A
Address
3007 Nakashima, Shikama-Ku, Himeji, Hyogo-ken, JPN, 672-8677
Sanyo Special Steel Co Ltd is a Japan-based company that primarily operates through three segments. Its specialty steel segment manufactures and sells various special steel products including bearing steel, engineering steel, stainless steel, heat resistant steel and tool steel. The company's special materials segment manufactures and sells heat-/corrosion-resistant alloys and powder metallurgy products, among others. The formed and fabricated materials segment manufactures high-quality formed and fabricated materials. The company's products are used in automobiles, industrial machinery, railways, and wind-power generation equipment. Japan and Asia excluding Japan are the company's top two markets, jointly accounting for the majority of the company's sales.

Sanyo Special Steel Co (TSE:5481) Headlines

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