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Dai Nippon Printing Co (TSE:7912) Cyclically Adjusted PB Ratio : 1.27 (As of May. 22, 2024)


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What is Dai Nippon Printing Co Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Dai Nippon Printing Co's current share price is 円4809.00. Dai Nippon Printing Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円3,798.61. Dai Nippon Printing Co's Cyclically Adjusted PB Ratio for today is 1.27.

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

TSE:7912' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.81   Max: 1.26
Current: 1.26

During the past years, Dai Nippon Printing Co's highest Cyclically Adjusted PB Ratio was 1.26. The lowest was 0.56. And the median was 0.81.

TSE:7912's Cyclically Adjusted PB Ratio is ranked better than
59.55% of 660 companies
in the Business Services industry
Industry Median: 1.58 vs TSE:7912: 1.26

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.

Dai Nippon Printing Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円4,538.045. 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3,798.61 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dai Nippon Printing Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dai Nippon Printing 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.

Dai Nippon Printing Co Cyclically Adjusted PB Ratio Chart

Dai Nippon Printing Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.72 0.71 0.85 1.02

Dai Nippon Printing Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.74 1.02 1.11 1.04 1.10

Competitive Comparison of Dai Nippon Printing Co's Cyclically Adjusted PB Ratio

For the Specialty Business Services subindustry, Dai Nippon Printing 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.


Dai Nippon Printing Co's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Dai Nippon Printing Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dai Nippon Printing 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.

Dai Nippon Printing Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4809.00/3798.61
=1.27

* 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.

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

For example, Dai Nippon Printing 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)
=4538.045/106.8000*106.8000
=4,538.045

Current CPI (Dec. 2023) = 106.8000.

Dai Nippon Printing Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 2,895.955 95.700 3,231.849
201406 2,899.570 98.000 3,159.940
201409 2,936.598 98.500 3,184.047
201412 3,200.757 97.900 3,491.735
201503 3,351.308 97.900 3,655.972
201506 3,429.069 98.400 3,721.794
201509 3,364.007 98.500 3,647.472
201512 3,376.049 98.100 3,675.454
201603 3,237.358 97.900 3,531.663
201606 3,268.643 98.100 3,558.523
201609 3,216.662 98.000 3,505.505
201612 3,290.446 98.400 3,571.338
201703 3,361.096 98.100 3,659.175
201706 3,390.278 98.500 3,675.956
201709 3,386.905 98.800 3,661.148
201712 3,499.052 99.400 3,759.545
201803 3,493.782 99.200 3,761.451
201806 3,553.902 99.200 3,826.177
201809 3,695.673 99.900 3,950.930
201812 3,472.706 99.700 3,720.010
201903 3,300.514 99.700 3,535.556
201906 3,365.178 99.800 3,601.213
201909 3,377.081 100.100 3,603.119
201912 3,503.497 100.500 3,723.119
202003 3,260.381 100.300 3,471.672
202006 3,351.808 99.900 3,583.314
202009 3,430.635 99.900 3,667.586
202012 3,481.801 99.300 3,744.777
202103 3,716.844 99.900 3,973.563
202106 3,769.505 99.500 4,046.062
202109 4,007.420 100.100 4,275.649
202112 4,088.209 100.100 4,361.845
202203 4,057.979 101.100 4,286.767
202206 3,960.803 101.800 4,155.341
202209 4,042.331 103.100 4,187.400
202212 4,143.090 104.100 4,250.548
202303 4,158.453 104.400 4,254.050
202306 4,263.234 105.200 4,328.074
202309 4,382.395 106.200 4,407.154
202312 4,538.045 106.800 4,538.045

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.


Dai Nippon Printing Co  (TSE:7912) 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.


Dai Nippon Printing Co Cyclically Adjusted PB Ratio Related Terms

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Dai Nippon Printing Co (TSE:7912) Business Description

Traded in Other Exchanges
Address
1-1, Ichigaya-Kagacho, 1-chome, Shinjuku-ku, Tokyo, JPN, 162-8001
Dai Nippon Printing is a provider of printing services. The company offers publishing and printing solutions used for printing magazines, newspapers, textbooks, catalogs, calendars, flyers, pamphlets, and posters, as well as personalized mail, smart cards, SIM cards, merchandise vouchers, bank books, and business forms. Dai Nippon Printing also produces packaging for processed foods, toiletries and pharmaceuticals, barrier film for packages, biomass plastic film, PET plastic bottles, and aseptic filling systems, as well as display components such as LCDs, optical films, semiconductor photomasks, hard-disk suspensions, camera modules, near-field communication modules, and electronic paper display systems. The company operates primarily in Japan.

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