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Wacom Co (TSE:6727) Cyclically Adjusted PB Ratio : 3.41 (As of Jun. 09, 2024)


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What is Wacom Co Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Wacom Co's current share price is 円716.00. Wacom Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円210.18. Wacom Co's Cyclically Adjusted PB Ratio for today is 3.41.

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

TSE:6727' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.69   Med: 3.5   Max: 6.17
Current: 3.41

During the past years, Wacom Co's highest Cyclically Adjusted PB Ratio was 6.17. The lowest was 1.69. And the median was 3.50.

TSE:6727's Cyclically Adjusted PB Ratio is ranked worse than
76.88% of 1899 companies
in the Hardware industry
Industry Median: 1.67 vs TSE:6727: 3.41

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.

Wacom Co's adjusted book value per share data for the three months ended in Mar. 2024 was 円247.640. 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210.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wacom Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Wacom 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.

Wacom Co Cyclically Adjusted PB Ratio Chart

Wacom 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 2.02 4.48 5.20 3.46 3.17

Wacom 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 3.46 2.90 2.87 3.15 3.17

Competitive Comparison of Wacom Co's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Wacom 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.


Wacom Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Wacom 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=716.00/210.18
=3.41

* 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.

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

For example, Wacom 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)
=247.64/107.2000*107.2000
=247.640

Current CPI (Mar. 2024) = 107.2000.

Wacom Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 178.093 98.000 194.812
201409 186.936 98.500 203.447
201412 205.305 97.900 224.808
201503 203.225 97.900 222.530
201506 179.268 98.400 195.300
201509 185.712 98.500 202.115
201512 195.894 98.100 214.066
201603 189.061 97.900 207.021
201606 155.833 98.100 170.288
201609 151.653 98.000 165.890
201612 167.649 98.400 182.642
201703 131.531 98.100 143.732
201706 127.618 98.500 138.890
201709 137.801 98.800 149.517
201712 153.245 99.400 165.270
201803 139.609 99.200 150.868
201806 133.301 99.200 144.051
201809 147.348 99.900 158.115
201812 159.889 99.700 171.917
201903 156.552 99.700 168.329
201906 147.242 99.800 158.160
201909 159.992 100.100 171.340
201912 175.158 100.500 186.835
202003 170.754 100.300 182.501
202006 173.195 99.900 185.851
202009 203.169 99.900 218.015
202012 222.938 99.300 240.674
202103 232.004 99.900 248.957
202106 227.453 99.500 245.055
202109 244.780 100.100 262.142
202112 261.674 100.100 280.234
202203 273.645 101.100 290.156
202206 271.256 101.800 285.645
202209 276.863 103.100 287.873
202212 273.600 104.100 281.748
202303 259.154 104.400 266.104
202306 257.569 105.200 262.466
202309 266.485 106.200 268.994
202312 262.028 106.800 263.009
202403 247.640 107.200 247.640

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.


Wacom Co  (TSE:6727) 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.


Wacom Co Cyclically Adjusted PB Ratio Related Terms

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


Wacom Co (TSE:6727) Business Description

Industry
Traded in Other Exchanges
Address
2-510-1 Toyonodai, Kazo-shi, Saitama, JPN, 349-1148
Wacom Co Ltd is a Japan-based manufacturer of display products. The firm's operations are organized in three segments--the brands segment, which develops, manufactures, and distributes graphic design tablets used to produce film, animation, and photographs; the components segment, which sells components and modules for smartphones and tablets; and the others segment, which develops and sells computer-aided design products. The firm has operations in the United States, Europe, China, India, Taiwan, Hong Kong, and Australia.

Wacom Co (TSE:6727) Headlines

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