GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Siix Corp (TSE:7613) » Definitions » Cyclically Adjusted PB Ratio

Siix (TSE:7613) Cyclically Adjusted PB Ratio : 0.99 (As of May. 31, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Siix Cyclically Adjusted PB Ratio?

As of today (2024-05-31), Siix's current share price is 円1313.00. Siix's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円1,320.83. Siix's Cyclically Adjusted PB Ratio for today is 0.99.

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

TSE:7613' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 1.38   Max: 3.69
Current: 1

During the past years, Siix's highest Cyclically Adjusted PB Ratio was 3.69. The lowest was 0.78. And the median was 1.38.

TSE:7613's Cyclically Adjusted PB Ratio is ranked better than
69.68% of 1880 companies
in the Hardware industry
Industry Median: 1.66 vs TSE:7613: 1.00

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.

Siix's adjusted book value per share data for the three months ended in Mar. 2024 was 円1,986.906. 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1,320.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Siix Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Siix'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.

Siix Cyclically Adjusted PB Ratio Chart

Siix Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.83 1.72 1.43 1.12 1.14

Siix 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 1.20 1.29 1.22 1.14 1.31

Competitive Comparison of Siix's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Siix'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.


Siix's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Siix 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.

Siix's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1313.00/1320.83
=0.99

* 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.

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

For example, Siix'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)
=1986.906/107.2000*107.2000
=1,986.906

Current CPI (Mar. 2024) = 107.2000.

Siix Quarterly Data

Book Value per Share CPI Adj_Book
201406 701.560 98.000 767.421
201409 773.299 98.500 841.601
201412 875.229 97.900 958.371
201503 896.776 97.900 981.965
201506 938.959 98.400 1,022.931
201509 1,016.185 98.500 1,105.939
201512 986.334 98.100 1,077.829
201603 961.927 97.900 1,053.305
201606 910.646 98.100 995.120
201609 905.673 98.000 990.695
201612 1,042.169 98.400 1,135.371
201703 1,036.769 98.100 1,132.942
201706 1,074.065 98.500 1,168.932
201709 1,114.732 98.800 1,209.507
201712 1,162.963 99.400 1,254.222
201803 1,132.286 99.200 1,223.599
201806 1,170.136 99.200 1,264.502
201809 1,200.619 99.900 1,288.352
201812 1,179.120 99.700 1,267.820
201903 1,201.367 99.700 1,291.741
201906 1,186.465 99.800 1,274.439
201909 1,179.671 100.100 1,263.344
201912 1,225.492 100.500 1,307.191
202003 1,175.503 100.300 1,256.370
202006 1,161.810 99.900 1,246.707
202009 1,161.789 99.900 1,246.684
202012 1,187.932 99.300 1,282.440
202103 1,290.343 99.900 1,384.632
202106 1,316.411 99.500 1,418.284
202109 1,314.190 100.100 1,407.404
202112 1,395.537 100.100 1,494.521
202203 1,501.753 101.100 1,592.363
202206 1,646.351 101.800 1,733.682
202209 1,715.751 103.100 1,783.982
202212 1,626.943 104.100 1,675.392
202303 1,686.700 104.400 1,731.937
202306 1,840.935 105.200 1,875.934
202309 1,920.916 106.200 1,939.004
202312 1,892.706 106.800 1,899.795
202403 1,986.906 107.200 1,986.906

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.


Siix  (TSE:7613) 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.


Siix Cyclically Adjusted PB Ratio Related Terms

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


Siix (TSE:7613) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1-49 Bigocho, Chuo-ku, Osaka, JPN, 541-0051
Siix Corp is an electronic components company that creates parts and devices. The company has five business segments, four of which are classified by region, instead of product type. These segments include Electronics (Japan), Electronic (Asia), Electronics (Europe), Electronics (Americas), and Others. The Electronics business segments sell electronic circuits, liquid crystal displays, home appliances, audio devices, automobile equipment, and industrial equipment. The Other business segment sells a variety of miscellaneous devices such as motorcycle components and wire harnesses. The company's largest business segment is its Electronic (Asia) segment; however, by country, it generates the vast majority of its revenue in Japan.

Siix (TSE:7613) Headlines

No Headlines