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Mamiya-OP Co (TSE:7991) Cyclically Adjusted PB Ratio : 0.76 (As of May. 28, 2024)


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What is Mamiya-OP Co Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Mamiya-OP Co's current share price is 円1267.00. Mamiya-OP Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,669.07. Mamiya-OP Co's Cyclically Adjusted PB Ratio for today is 0.76.

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

TSE:7991' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.7   Max: 1.21
Current: 0.74

During the past years, Mamiya-OP Co's highest Cyclically Adjusted PB Ratio was 1.21. The lowest was 0.40. And the median was 0.70.

TSE:7991's Cyclically Adjusted PB Ratio is ranked better than
81.3% of 2091 companies
in the Industrial Products industry
Industry Median: 1.84 vs TSE:7991: 0.74

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.

Mamiya-OP Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円2,029.677. 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1,669.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mamiya-OP Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mamiya-OP 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.

Mamiya-OP Co Cyclically Adjusted PB Ratio Chart

Mamiya-OP 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 0.78 0.53 0.52 0.49 0.99

Mamiya-OP 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 1.02 0.99 0.92 1.19 0.78

Competitive Comparison of Mamiya-OP Co's Cyclically Adjusted PB Ratio

For the Business Equipment & Supplies subindustry, Mamiya-OP 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.


Mamiya-OP Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mamiya-OP Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mamiya-OP 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.

Mamiya-OP Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1267.00/1669.07
=0.76

* 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.

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

For example, Mamiya-OP 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)
=2029.677/106.8000*106.8000
=2,029.677

Current CPI (Dec. 2023) = 106.8000.

Mamiya-OP Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,517.030 95.700 1,692.986
201406 1,479.935 98.000 1,612.827
201409 1,493.790 98.500 1,619.663
201412 1,549.725 97.900 1,690.609
201503 1,552.393 97.900 1,693.520
201506 1,525.976 98.400 1,656.242
201509 1,556.971 98.500 1,688.168
201512 1,577.678 98.100 1,717.594
201603 1,562.391 97.900 1,704.427
201606 1,492.535 98.100 1,624.900
201609 1,492.991 98.000 1,627.055
201612 1,515.086 98.400 1,644.423
201703 1,564.532 98.100 1,703.283
201706 1,513.150 98.500 1,640.654
201709 1,562.562 98.800 1,689.085
201712 1,566.252 99.400 1,682.854
201803 1,556.156 99.200 1,675.378
201806 1,491.777 99.200 1,606.066
201809 1,529.051 99.900 1,634.661
201812 1,548.914 99.700 1,659.218
201903 1,573.731 99.700 1,685.802
201906 1,534.071 99.800 1,641.671
201909 1,607.772 100.100 1,715.385
201912 1,631.168 100.500 1,733.420
202003 1,597.426 100.300 1,700.948
202006 1,543.395 99.900 1,649.996
202009 1,509.469 99.900 1,613.727
202012 1,438.199 99.300 1,546.824
202103 1,384.155 99.900 1,479.757
202106 1,350.187 99.500 1,449.246
202109 1,368.523 100.100 1,460.122
202112 1,387.603 100.100 1,480.480
202203 1,437.484 101.100 1,518.529
202206 1,428.834 101.800 1,499.012
202209 1,519.157 103.100 1,573.676
202212 1,669.497 104.100 1,712.798
202303 1,896.737 104.400 1,940.340
202306 1,966.630 105.200 1,996.541
202309 2,059.574 106.200 2,071.210
202312 2,029.677 106.800 2,029.677

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.


Mamiya-OP Co  (TSE:7991) 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.


Mamiya-OP Co Cyclically Adjusted PB Ratio Related Terms

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Mamiya-OP Co (TSE:7991) Business Description

Traded in Other Exchanges
N/A
Address
HI Gotanda Building No. 17 No. 11 two-chome, Nishi-Gotanda, Shinagawa-ku, Tokyo, JPN, 141-0031
Mamiya-OP Co Ltd manufactures and sells electronic equipment. The company manufactures pachinko machine between machines, film thickness gauge, ticket-vending machine, banknote transport system, banknote recognition machine, and garbage disposal device. The company also manufactures golf equipment, golf shaft, and breaking rod.

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