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Yuasa Trading Co (TSE:8074) Cyclically Adjusted PB Ratio : 1.70 (As of May. 14, 2024)


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What is Yuasa Trading Co Cyclically Adjusted PB Ratio?

As of today (2024-05-14), Yuasa Trading Co's current share price is 円6050.00. Yuasa Trading Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円3,568.87. Yuasa Trading Co's Cyclically Adjusted PB Ratio for today is 1.70.

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

TSE:8074' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 1.29   Max: 2.22
Current: 1.66

During the past years, Yuasa Trading Co's highest Cyclically Adjusted PB Ratio was 2.22. The lowest was 0.96. And the median was 1.29.

TSE:8074's Cyclically Adjusted PB Ratio is ranked better than
53.64% of 2045 companies
in the Industrial Products industry
Industry Median: 1.84 vs TSE:8074: 1.66

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.

Yuasa Trading Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円4,704.899. 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3,568.87 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yuasa Trading Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Yuasa Trading 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.

Yuasa Trading Co Cyclically Adjusted PB Ratio Chart

Yuasa Trading 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 1.42 1.18 1.18 0.98 1.15

Yuasa Trading 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 1.12 1.15 1.29 1.19 1.33

Competitive Comparison of Yuasa Trading Co's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Yuasa Trading 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.


Yuasa Trading Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Yuasa Trading 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6050.00/3568.87
=1.70

* 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.

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

For example, Yuasa Trading 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)
=4704.899/106.8000*106.8000
=4,704.899

Current CPI (Dec. 2023) = 106.8000.

Yuasa Trading Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 2,029.443 95.700 2,264.833
201406 2,032.365 98.000 2,214.863
201409 2,118.960 98.500 2,297.512
201412 2,225.093 97.900 2,427.374
201503 2,389.023 97.900 2,606.207
201506 2,404.201 98.400 2,609.438
201509 2,459.638 98.500 2,666.897
201512 2,532.115 98.100 2,756.676
201603 2,595.021 97.900 2,830.932
201606 2,526.373 98.100 2,750.424
201609 2,631.863 98.000 2,868.194
201612 2,710.584 98.400 2,941.975
201703 2,932.613 98.100 3,192.692
201706 2,937.550 98.500 3,185.080
201709 3,076.791 98.800 3,325.924
201712 3,173.906 99.400 3,410.193
201803 3,258.505 99.200 3,508.149
201806 3,221.835 99.200 3,468.669
201809 3,330.804 99.900 3,560.860
201812 3,302.219 99.700 3,537.382
201903 3,481.961 99.700 3,729.924
201906 3,435.638 99.800 3,676.615
201909 3,549.329 100.100 3,786.896
201912 3,589.960 100.500 3,815.002
202003 3,648.467 100.300 3,884.908
202006 3,640.256 99.900 3,891.685
202009 3,726.664 99.900 3,984.061
202012 3,785.696 99.300 4,071.625
202103 4,069.341 99.900 4,350.407
202106 4,008.667 99.500 4,302.770
202109 4,061.734 100.100 4,333.598
202112 4,074.549 100.100 4,347.271
202203 4,171.269 101.100 4,406.444
202206 4,140.988 101.800 4,344.376
202209 4,282.236 103.100 4,435.915
202212 4,277.320 104.100 4,388.259
202303 4,491.773 104.400 4,595.032
202306 4,524.419 105.200 4,593.231
202309 4,661.162 106.200 4,687.496
202312 4,704.899 106.800 4,704.899

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.


Yuasa Trading Co  (TSE:8074) 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.


Yuasa Trading Co Cyclically Adjusted PB Ratio Related Terms

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


Yuasa Trading Co (TSE:8074) Business Description

Traded in Other Exchanges
N/A
Address
16-19F, Sumitomo Fudosan Kanda B, 7, Kanda Mitoshiro-cho, Chiyoda-ku, Tokyo, JPN, 101-8580
Yuasa Trading Co., Ltd. Is in the business of industrial equipment and machine tools, housing and building supplies, air and fluidic control systems, construction machines and energy and consumer products and timber. Its products and services include cutting and air and electric tools, industrial equipment, exterior housing materials, residential water systems and air conditioning services, materials for civil engineering, oil products, consumer fuels, fans, and humidifiers.

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