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Bengo4.com (TSE:6027) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


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What is Bengo4.com Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bengo4.com Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bengo4.com'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.

Bengo4.com Cyclically Adjusted PB Ratio Chart

Bengo4.com 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 - - - 31.06 34.80

Bengo4.com 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 31.06 - - - 34.80

Competitive Comparison of Bengo4.com's Cyclically Adjusted PB Ratio

For the Consulting Services subindustry, Bengo4.com'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.


Bengo4.com's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Bengo4.com's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bengo4.com's Cyclically Adjusted PB Ratio falls into.



Bengo4.com 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.

Bengo4.com's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Bengo4.com'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)
=174.026/106.8000*106.8000
=174.026

Current CPI (Dec. 2023) = 106.8000.

Bengo4.com Quarterly Data

Book Value per Share CPI Adj_Book
0.000 0.000
201403 8.025 95.700 8.956
201409 0.000 98.500 0.000
201412 30.149 97.900 32.890
201503 40.618 97.900 44.311
201506 42.241 98.400 45.847
201509 44.295 98.500 48.027
201512 46.788 98.100 50.937
201603 45.423 97.900 49.552
201606 44.731 98.100 48.698
201609 47.681 98.000 51.963
201612 50.663 98.400 54.988
201703 54.065 98.100 58.860
201706 58.534 98.500 63.466
201709 61.896 98.800 66.908
201712 65.829 99.400 70.730
201803 69.074 99.200 74.366
201806 72.747 99.200 78.320
201809 76.077 99.900 81.332
201812 78.795 99.700 84.406
201903 84.083 99.700 90.071
201906 89.442 99.800 95.715
201909 91.252 100.100 97.360
201912 90.422 100.500 96.090
202003 95.768 100.300 101.974
202006 95.950 99.900 102.577
202009 98.782 99.900 105.605
202012 100.758 99.300 108.368
202103 98.663 99.900 105.478
202106 104.822 99.500 112.512
202109 111.437 100.100 118.896
202112 122.021 100.100 130.188
202203 108.235 101.100 114.337
202206 112.319 101.800 117.836
202209 120.038 103.100 124.346
202212 129.338 104.100 132.693
202303 142.490 104.400 145.766
202306 149.929 105.200 152.209
202309 158.653 106.200 159.549
202312 174.026 106.800 174.026

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.


Bengo4.com  (TSE:6027) 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.


Bengo4.com Cyclically Adjusted PB Ratio Related Terms

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Bengo4.com (TSE:6027) Business Description

Traded in Other Exchanges
N/A
Address
Kowa Roppongi building, 2-4-5 Roppongi, Minato-ku, Tokyo, JPN, 106-0032
Bengo4.com Inc provides online legal consultation services. The company offers contents such as Q&A services, a database of over 7,000 registered lawyers, and its own news services accompanied with legal analysis of recent news to legal professionals.

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