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Mitsubishi Shokuhin Co (TSE:7451) Cyclically Adjusted PB Ratio : 1.57 (As of Jun. 05, 2024)


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What is Mitsubishi Shokuhin Co Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Mitsubishi Shokuhin Co's current share price is 円5280.00. Mitsubishi Shokuhin Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円3,370.15. Mitsubishi Shokuhin Co's Cyclically Adjusted PB Ratio for today is 1.57.

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

TSE:7451' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.92   Med: 1.14   Max: 1.66
Current: 1.55

During the past years, Mitsubishi Shokuhin Co's highest Cyclically Adjusted PB Ratio was 1.66. The lowest was 0.92. And the median was 1.14.

TSE:7451's Cyclically Adjusted PB Ratio is ranked better than
51.79% of 224 companies
in the Retail - Defensive industry
Industry Median: 1.615 vs TSE:7451: 1.55

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.

Mitsubishi Shokuhin Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円4,525.606. 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3,370.15 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsubishi Shokuhin Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mitsubishi Shokuhin 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.

Mitsubishi Shokuhin Co Cyclically Adjusted PB Ratio Chart

Mitsubishi Shokuhin 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 1.11 1.17 1.05 1.03 -

Mitsubishi Shokuhin 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 1.03 1.15 1.18 1.43 -

Competitive Comparison of Mitsubishi Shokuhin Co's Cyclically Adjusted PB Ratio

For the Food Distribution subindustry, Mitsubishi Shokuhin 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.


Mitsubishi Shokuhin Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Mitsubishi Shokuhin Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mitsubishi Shokuhin 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5280.00/3370.15
=1.57

* 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.

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

For example, Mitsubishi Shokuhin 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)
=4525.606/106.8000*106.8000
=4,525.606

Current CPI (Dec. 2023) = 106.8000.

Mitsubishi Shokuhin Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 2,186.568 95.700 2,440.182
201406 2,246.192 98.000 2,447.891
201409 2,308.530 98.500 2,503.056
201412 2,366.562 97.900 2,581.704
201503 2,415.996 97.900 2,635.632
201506 2,455.443 98.400 2,665.054
201509 2,522.471 98.500 2,735.024
201512 2,588.046 98.100 2,817.567
201603 2,591.957 97.900 2,827.589
201606 2,593.794 98.100 2,823.825
201609 2,657.377 98.000 2,895.999
201612 2,723.742 98.400 2,956.257
201703 2,759.302 98.100 3,004.011
201706 2,792.590 98.500 3,027.905
201709 2,847.019 98.800 3,077.547
201712 2,919.178 99.400 3,136.501
201803 2,933.627 99.200 3,158.381
201806 2,983.944 99.200 3,212.553
201809 3,049.837 99.900 3,260.486
201812 3,040.124 99.700 3,256.622
201903 3,080.476 99.700 3,299.848
201906 3,070.640 99.800 3,286.016
201909 3,123.092 100.100 3,332.130
201912 3,165.569 100.500 3,364.008
202003 3,218.901 100.300 3,427.504
202006 3,272.912 99.900 3,498.969
202009 3,357.637 99.900 3,589.546
202012 3,415.026 99.300 3,672.958
202103 3,445.677 99.900 3,683.667
202106 3,453.955 99.500 3,707.361
202109 3,811.117 100.100 4,066.207
202112 3,849.544 100.100 4,107.206
202203 3,908.303 101.100 4,128.652
202206 3,914.436 101.800 4,106.697
202209 4,026.938 103.100 4,171.455
202212 4,135.145 104.100 4,242.397
202303 4,203.551 104.400 4,300.184
202306 4,300.099 105.200 4,365.500
202309 4,441.242 106.200 4,466.334
202312 4,525.606 106.800 4,525.606

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.


Mitsubishi Shokuhin Co  (TSE:7451) 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.


Mitsubishi Shokuhin Co Cyclically Adjusted PB Ratio Related Terms

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Mitsubishi Shokuhin Co (TSE:7451) Business Description

Traded in Other Exchanges
N/A
Address
6-1-1 Heiwajima, Ota-ku, Tokyo, JPN, 1436556
Mitsubishi Shokuhin Co Ltd is a Japan-based company engaged in the food and beverage business. The company offers processed foods, frozen and chilled foods, alcoholic beverages and confectioneries at wholesale prices. Its product portfolio includes seasoning products, noodles, dry goods, alcoholic and non-alcoholic beverages, frozen foods, confectionery. It also operates in the real estate management and logistics business. The majority of the revenues are derived from the processed foods business and frozen and chilled foods business.

Mitsubishi Shokuhin Co (TSE:7451) Headlines

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