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Riso Kagaku (TSE:6413) Cyclically Adjusted PB Ratio : 1.73 (As of Jun. 09, 2024)


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What is Riso Kagaku Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Riso Kagaku's current share price is 円3165.00. Riso Kagaku's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,831.36. Riso Kagaku's Cyclically Adjusted PB Ratio for today is 1.73.

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

TSE:6413' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 1.29   Max: 1.87
Current: 1.73

During the past years, Riso Kagaku's highest Cyclically Adjusted PB Ratio was 1.87. The lowest was 0.78. And the median was 1.29.

TSE:6413's Cyclically Adjusted PB Ratio is ranked worse than
52.92% of 1899 companies
in the Hardware industry
Industry Median: 1.67 vs TSE:6413: 1.73

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.

Riso Kagaku's adjusted book value per share data for the three months ended in Dec. 2023 was 円1,918.004. 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1,831.36 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Riso Kagaku Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Riso Kagaku'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.

Riso Kagaku Cyclically Adjusted PB Ratio Chart

Riso Kagaku 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 1.05 0.92 1.19 1.31 -

Riso Kagaku 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 1.31 1.36 1.29 1.45 -

Competitive Comparison of Riso Kagaku's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Riso Kagaku'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.


Riso Kagaku's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Riso Kagaku's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Riso Kagaku 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.

Riso Kagaku's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3165.00/1831.36
=1.73

* 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.

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

For example, Riso Kagaku'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)
=1918.004/106.8000*106.8000
=1,918.004

Current CPI (Dec. 2023) = 106.8000.

Riso Kagaku Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,549.125 95.700 1,728.804
201406 1,536.168 98.000 1,674.110
201409 1,546.615 98.500 1,676.939
201412 1,577.955 97.900 1,721.405
201503 1,707.578 97.900 1,862.812
201506 1,690.142 98.400 1,834.422
201509 1,663.022 98.500 1,803.155
201512 1,650.316 98.100 1,796.674
201603 1,694.040 97.900 1,848.044
201606 1,598.767 98.100 1,740.554
201609 1,585.446 98.000 1,727.813
201612 1,630.267 98.400 1,769.436
201703 1,712.091 98.100 1,863.928
201706 1,672.173 98.500 1,813.077
201709 1,691.649 98.800 1,828.625
201712 1,709.592 99.400 1,836.865
201803 1,738.594 99.200 1,871.793
201806 1,697.499 99.200 1,827.549
201809 1,706.222 99.900 1,824.069
201812 1,698.935 99.700 1,819.922
201903 1,738.465 99.700 1,862.267
201906 1,685.141 99.800 1,803.337
201909 1,699.865 100.100 1,813.642
201912 1,702.890 100.500 1,809.638
202003 1,667.526 100.300 1,775.591
202006 1,658.767 99.900 1,773.336
202009 1,668.967 99.900 1,784.241
202012 1,656.405 99.300 1,781.511
202103 1,759.496 99.900 1,881.023
202106 1,749.688 99.500 1,878.057
202109 1,748.492 100.100 1,865.524
202112 1,780.386 100.100 1,899.553
202203 1,866.495 101.100 1,971.728
202206 1,840.288 101.800 1,930.675
202209 1,863.581 103.100 1,930.460
202212 1,868.085 104.100 1,916.537
202303 1,924.908 104.400 1,969.159
202306 1,870.090 105.200 1,898.532
202309 1,910.721 106.200 1,921.516
202312 1,918.004 106.800 1,918.004

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.


Riso Kagaku  (TSE:6413) 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.


Riso Kagaku Cyclically Adjusted PB Ratio Related Terms

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Riso Kagaku (TSE:6413) Business Description

Industry
Traded in Other Exchanges
N/A
Address
5-34-7 Shiba, Minato-ku, Tokyo, JPN, 108-8385
Riso Kagaku Corp is a Japan-based manufacturer of printer-duplicators, printers, and printing products. The firm developed oil-based pigment ink, Orphis Ink, which is used by the firm's printers. The ink has a stable composition and high water resistance, making it suitable for high-speed printing. Riso has three manufacturing facilities in Japan and a worldwide distribution network. More than half of the firm's revenue is generated in Japan, with the rest coming from countries in the Americas, Europe, and Asia.

Riso Kagaku (TSE:6413) Headlines

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