GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Exedy Co Ltd (TSE:7278) » Definitions » Cyclically Adjusted PB Ratio

Exedy Co (TSE:7278) Cyclically Adjusted PB Ratio : 0.61 (As of Jun. 11, 2024)


View and export this data going back to 1997. Start your Free Trial

What is Exedy Co Cyclically Adjusted PB Ratio?

As of today (2024-06-11), Exedy Co's current share price is 円2618.00. Exedy Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円4,307.53. Exedy Co's Cyclically Adjusted PB Ratio for today is 0.61.

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

TSE:7278' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.58   Max: 1.33
Current: 0.61

During the past years, Exedy Co's highest Cyclically Adjusted PB Ratio was 1.33. The lowest was 0.37. And the median was 0.58.

TSE:7278's Cyclically Adjusted PB Ratio is ranked better than
76.82% of 1001 companies
in the Vehicles & Parts industry
Industry Median: 1.28 vs TSE:7278: 0.61

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.

Exedy Co's adjusted book value per share data for the three months ended in Mar. 2024 was 円4,653.324. 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4,307.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Exedy Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Exedy 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.

Exedy Co Cyclically Adjusted PB Ratio Chart

Exedy 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 0.49 0.48 0.43 0.45 0.71

Exedy 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 0.45 0.59 0.62 0.61 0.71

Competitive Comparison of Exedy Co's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Exedy 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.


Exedy Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Exedy Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Exedy 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2618.00/4307.53
=0.61

* 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.

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

For example, Exedy 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)
=4653.324/107.2000*107.2000
=4,653.324

Current CPI (Mar. 2024) = 107.2000.

Exedy Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2,996.436 98.000 3,277.734
201409 3,031.180 98.500 3,298.909
201412 3,153.452 97.900 3,453.014
201503 3,294.099 97.900 3,607.022
201506 3,305.097 98.400 3,600.675
201509 3,370.519 98.500 3,668.220
201512 3,320.385 98.100 3,628.392
201603 3,548.579 97.900 3,885.676
201606 3,299.733 98.100 3,605.824
201609 3,235.892 98.000 3,539.670
201612 3,286.803 98.400 3,580.745
201703 3,749.467 98.100 4,097.277
201706 3,570.660 98.500 3,886.038
201709 3,686.395 98.800 3,999.813
201712 3,756.294 99.400 4,051.053
201803 3,984.271 99.200 4,305.583
201806 4,024.831 99.200 4,349.414
201809 4,127.739 99.900 4,429.366
201812 4,125.970 99.700 4,436.349
201903 4,157.667 99.700 4,470.430
201906 4,096.056 99.800 4,399.772
201909 4,135.399 100.100 4,428.719
201912 4,214.687 100.500 4,495.666
202003 4,200.116 100.300 4,489.057
202006 4,121.164 99.900 4,422.310
202009 4,155.074 99.900 4,458.698
202012 4,228.716 99.300 4,565.140
202103 4,347.688 99.900 4,665.387
202106 4,377.770 99.500 4,716.552
202109 4,448.595 100.100 4,764.130
202112 4,522.084 100.100 4,842.831
202203 4,725.381 101.100 5,010.493
202206 4,848.781 101.800 5,105.985
202209 4,937.746 103.100 5,134.106
202212 4,826.172 104.100 4,969.891
202303 4,803.843 104.400 4,932.682
202306 4,923.341 105.200 5,016.941
202309 5,025.439 106.200 5,072.760
202312 4,967.136 106.800 4,985.740
202403 4,653.324 107.200 4,653.324

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.


Exedy Co  (TSE:7278) 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.


Exedy Co Cyclically Adjusted PB Ratio Related Terms

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


Exedy Co (TSE:7278) Business Description

Traded in Other Exchanges
Address
1-1-1 Kitamotomiya, Neyagawa, Osaka, JPN, 572-8570
Exedy Co Ltd is a producer of clutches used in automotive vehicles. The list of products includes clutches, clutch covers, clutch discs, torque converters, and flywheels for automatic transmission vehicles and manual transmission vehicles as well as motorcycle clutches and construction, industrial, and agriculture products. Automatic automotive drivetrain operations generate most sales for the company. The largest end markets for Exedy are Japan and Asia-Oceania.

Exedy Co (TSE:7278) Headlines

No Headlines