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Regal (TSE:7938) Cyclically Adjusted PB Ratio : 0.52 (As of Jun. 06, 2024)


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What is Regal Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Regal's current share price is 円2390.00. Regal's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円4,553.78. Regal's Cyclically Adjusted PB Ratio for today is 0.52.

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

TSE:7938' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.47   Max: 0.75
Current: 0.52

During the past years, Regal's highest Cyclically Adjusted PB Ratio was 0.75. The lowest was 0.40. And the median was 0.47.

TSE:7938's Cyclically Adjusted PB Ratio is ranked better than
76.2% of 794 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.06 vs TSE:7938: 0.52

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.

Regal's adjusted book value per share data for the three months ended in Dec. 2023 was 円3,708.028. 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4,553.78 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Regal Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Regal'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.

Regal Cyclically Adjusted PB Ratio Chart

Regal 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 0.66 0.54 0.47 0.43 0.41

Regal 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 0.41 0.41 0.43 0.45 0.45

Competitive Comparison of Regal's Cyclically Adjusted PB Ratio

For the Footwear & Accessories subindustry, Regal'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.


Regal's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Regal's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Regal 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2390.00/4553.78
=0.52

* 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.

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

For example, Regal'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)
=3708.028/106.8000*106.8000
=3,708.028

Current CPI (Dec. 2023) = 106.8000.

Regal Quarterly Data

Book Value per Share CPI Adj_Book
201403 3,989.420 95.700 4,452.143
201406 4,068.929 98.000 4,434.302
201409 4,120.563 98.500 4,467.778
201412 4,366.061 97.900 4,762.976
201503 4,592.731 97.900 5,010.252
201506 4,679.535 98.400 5,079.008
201509 4,502.441 98.500 4,881.835
201512 4,699.811 98.100 5,116.614
201603 4,652.113 97.900 5,075.032
201606 4,560.547 98.100 4,964.999
201609 4,666.371 98.000 5,085.392
201612 4,894.810 98.400 5,312.660
201703 5,065.670 98.100 5,514.919
201706 4,939.242 98.500 5,355.442
201709 4,966.492 98.800 5,368.637
201712 4,828.022 99.400 5,187.452
201803 5,234.787 99.200 5,635.839
201806 5,134.015 99.200 5,527.347
201809 5,054.474 99.900 5,403.582
201812 4,969.546 99.700 5,323.445
201903 5,059.679 99.700 5,419.997
201906 4,995.392 99.800 5,345.770
201909 5,032.761 100.100 5,369.619
201912 5,020.727 100.500 5,335.459
202003 4,539.164 100.300 4,833.327
202006 4,210.753 99.900 4,501.586
202009 3,950.748 99.900 4,223.622
202012 3,918.128 99.300 4,214.059
202103 3,225.979 99.900 3,448.794
202106 3,036.345 99.500 3,259.112
202109 2,909.293 100.100 3,104.021
202112 3,066.850 100.100 3,272.124
202203 3,211.525 101.100 3,392.590
202206 3,295.808 101.800 3,457.685
202209 3,283.589 103.100 3,401.429
202212 3,378.211 104.100 3,465.830
202303 3,421.497 104.400 3,500.152
202306 3,410.855 105.200 3,462.731
202309 3,456.241 106.200 3,475.768
202312 3,708.028 106.800 3,708.028

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.


Regal  (TSE:7938) 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.


Regal Cyclically Adjusted PB Ratio Related Terms

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


Regal (TSE:7938) Business Description

Traded in Other Exchanges
N/A
Address
2-1-8 Hinode, Urayasu Chiba, JPN, 2798553
Regal Corp manufactures and sells men's and women's shoes in Japan. It is also involved in the sale of shoe-related materials; and repair of shoes.

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