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PLANT Co (TSE:7646) Cyclically Adjusted PB Ratio : 0.80 (As of May. 24, 2024)


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What is PLANT Co Cyclically Adjusted PB Ratio?

As of today (2024-05-24), PLANT Co's current share price is 円1628.00. PLANT Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円2,042.29. PLANT Co's Cyclically Adjusted PB Ratio for today is 0.80.

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

TSE:7646' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.42   Max: 0.9
Current: 0.86

During the past years, PLANT Co's highest Cyclically Adjusted PB Ratio was 0.90. The lowest was 0.20. And the median was 0.42.

TSE:7646's Cyclically Adjusted PB Ratio is ranked better than
70% of 220 companies
in the Retail - Defensive industry
Industry Median: 1.58 vs TSE:7646: 0.86

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.

PLANT Co's adjusted book value per share data for the three months ended in Mar. 2024 was 円2,163.270. 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2,042.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PLANT Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PLANT 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.

PLANT Co Cyclically Adjusted PB Ratio Chart

PLANT Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.51 0.42 0.34 0.40

PLANT 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 0.35 0.36 0.40 0.75 0.89

Competitive Comparison of PLANT Co's Cyclically Adjusted PB Ratio

For the Discount Stores subindustry, PLANT 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.


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

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

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



PLANT 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1628.00/2042.29
=0.80

* 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.

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

For example, PLANT 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)
=2163.27/107.2000*107.2000
=2,163.270

Current CPI (Mar. 2024) = 107.2000.

PLANT Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,541.228 98.000 1,685.915
201409 1,587.970 98.500 1,728.227
201412 1,632.331 97.900 1,787.394
201503 1,693.108 97.900 1,853.945
201506 1,704.135 98.400 1,856.537
201509 1,779.699 98.500 1,936.891
201512 1,816.165 98.100 1,984.637
201603 1,872.807 97.900 2,050.714
201606 1,874.812 98.100 2,048.724
201609 1,928.195 98.000 2,109.209
201612 1,942.607 98.400 2,116.336
201703 1,981.335 98.100 2,165.129
201706 1,979.357 98.500 2,154.183
201709 1,905.315 98.800 2,067.305
201712 2,160.692 99.400 2,330.243
201803 2,195.674 99.200 2,372.744
201806 2,190.606 99.200 2,367.268
201809 2,210.383 99.900 2,371.902
201812 2,198.457 99.700 2,363.837
201903 1,733.385 99.700 1,863.780
201906 1,683.538 99.800 1,808.369
201909 1,687.322 100.100 1,807.002
201912 1,698.958 100.500 1,812.222
202003 1,715.886 100.300 1,833.928
202006 1,787.957 99.900 1,918.609
202009 1,828.603 99.900 1,962.225
202012 1,843.291 99.300 1,989.938
202103 1,873.040 99.900 2,009.909
202106 1,917.974 99.500 2,066.400
202109 1,949.216 100.100 2,087.472
202112 1,958.676 100.100 2,097.603
202203 2,007.966 101.100 2,129.119
202206 2,052.900 101.800 2,161.796
202209 1,981.328 103.100 2,060.120
202212 2,040.508 104.100 2,101.272
202303 2,095.160 104.400 2,151.352
202306 2,139.613 105.200 2,180.290
202309 2,027.426 106.200 2,046.517
202312 2,081.602 106.800 2,089.398
202403 2,163.270 107.200 2,163.270

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.


PLANT Co  (TSE:7646) 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.


PLANT Co Cyclically Adjusted PB Ratio Related Terms

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


PLANT Co (TSE:7646) Business Description

Traded in Other Exchanges
N/A
Address
1 of Shin Shinsho No. 15 No. 8, Sakai cho, Sakai City, Fukui, JPN, 919-0521
PLANT Co Ltd is engaged in local business-oriented business development. The company offers its products at a low cost. It centers on super centers that provides daily necessities such as clothes, foods, home improvements products. and others.

PLANT Co (TSE:7646) Headlines

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