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Sanko Gosei (TSE:7888) Cyclically Adjusted PB Ratio : 1.00 (As of Jun. 01, 2024)


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What is Sanko Gosei Cyclically Adjusted PB Ratio?

As of today (2024-06-01), Sanko Gosei's current share price is 円685.00. Sanko Gosei's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円681.94. Sanko Gosei's Cyclically Adjusted PB Ratio for today is 1.00.

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

TSE:7888' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.79   Max: 1.58
Current: 1

During the past years, Sanko Gosei's highest Cyclically Adjusted PB Ratio was 1.58. The lowest was 0.44. And the median was 0.79.

TSE:7888's Cyclically Adjusted PB Ratio is ranked better than
80.7% of 689 companies
in the Semiconductors industry
Industry Median: 2.52 vs TSE:7888: 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.

Sanko Gosei's adjusted book value per share data for the three months ended in Feb. 2024 was 円910.385. 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681.94 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sanko Gosei Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sanko Gosei'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.

Sanko Gosei Cyclically Adjusted PB Ratio Chart

Sanko Gosei Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.62 0.77 0.58 0.83

Sanko Gosei Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.90 0.83 1.02 0.80 0.98

Competitive Comparison of Sanko Gosei's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, Sanko Gosei'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.


Sanko Gosei's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Sanko Gosei 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.

Sanko Gosei's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=685.00/681.94
=1.00

* 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.

Sanko Gosei's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Sanko Gosei's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=910.385/106.9000*106.9000
=910.385

Current CPI (Feb. 2024) = 106.9000.

Sanko Gosei Quarterly Data

Book Value per Share CPI Adj_Book
201405 479.347 98.100 522.347
201408 498.060 98.300 541.634
201411 542.292 97.900 592.145
201502 563.796 97.600 617.518
201505 576.798 98.700 624.718
201508 530.477 98.400 576.301
201511 557.795 98.100 607.832
201602 528.174 97.800 577.319
201605 529.777 98.200 576.712
201608 506.631 97.900 553.206
201611 545.765 98.600 591.707
201702 565.021 98.100 615.706
201705 571.884 98.600 620.024
201708 587.305 98.500 637.390
201711 618.619 99.100 667.309
201802 616.343 99.500 662.182
201805 644.520 99.300 693.849
201808 615.632 99.800 659.429
201811 636.725 100.000 680.659
201902 628.229 99.700 673.598
201905 638.632 100.000 682.698
201908 618.228 100.000 660.886
201911 643.225 100.500 684.187
202002 629.086 100.300 670.481
202005 596.676 100.100 637.209
202008 604.089 100.100 645.126
202011 625.018 99.500 671.502
202102 638.009 99.800 683.398
202105 665.532 99.400 715.748
202108 658.282 99.700 705.821
202111 678.292 100.100 724.370
202202 685.509 100.700 727.715
202205 748.398 101.800 785.891
202208 781.497 102.700 813.457
202211 805.444 103.900 828.700
202302 800.884 104.000 823.216
202305 835.755 105.100 850.069
202308 856.521 105.900 864.609
202311 900.380 106.900 900.380
202402 910.385 106.900 910.385

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.


Sanko Gosei  (TSE:7888) 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.


Sanko Gosei Cyclically Adjusted PB Ratio Related Terms

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


Sanko Gosei (TSE:7888) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1200 Habushin, Toyama Prefecture, Nanto, JPN, 939-1698
Sanko Gosei Ltd is engaged in the molding and sales of plastic parts, production and assembly of mechanical/digital parts, design, production, and sales of molds for plastic molded parts, industrial products, industrial robots, and dispatching workers, among others.

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