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Maxvalu Tokai Co (TSE:8198) Cyclically Adjusted PB Ratio : 1.23 (As of May. 18, 2024)


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What is Maxvalu Tokai Co Cyclically Adjusted PB Ratio?

As of today (2024-05-18), Maxvalu Tokai Co's current share price is 円3105.00. Maxvalu Tokai Co's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 was 円2,525.82. Maxvalu Tokai Co's Cyclically Adjusted PB Ratio for today is 1.23.

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

TSE:8198' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.07   Max: 1.28
Current: 1.24

During the past years, Maxvalu Tokai Co's highest Cyclically Adjusted PB Ratio was 1.28. The lowest was 0.68. And the median was 1.07.

TSE:8198's Cyclically Adjusted PB Ratio is ranked better than
58.72% of 218 companies
in the Retail - Defensive industry
Industry Median: 1.575 vs TSE:8198: 1.24

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.

Maxvalu Tokai Co's adjusted book value per share data for the three months ended in Nov. 2023 was 円2,435.088. 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2,525.82 for the trailing ten years ended in Nov. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maxvalu Tokai Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Maxvalu Tokai 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.

Maxvalu Tokai Co Cyclically Adjusted PB Ratio Chart

Maxvalu Tokai Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 1.05 1.08 1.10 -

Maxvalu Tokai Co 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 1.10 1.10 1.11 1.18 -

Competitive Comparison of Maxvalu Tokai Co's Cyclically Adjusted PB Ratio

For the Grocery Stores subindustry, Maxvalu Tokai 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.


Maxvalu Tokai Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Maxvalu Tokai Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Maxvalu Tokai 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.

Maxvalu Tokai Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3105.00/2525.82
=1.23

* 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.

Maxvalu Tokai Co's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 is calculated as:

For example, Maxvalu Tokai Co's adjusted Book Value per Share data for the three months ended in Nov. 2023 was:

Adj_Book=Book Value per Share/CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=2435.088/106.9000*106.9000
=2,435.088

Current CPI (Nov. 2023) = 106.9000.

Maxvalu Tokai Co Quarterly Data

Book Value per Share CPI Adj_Book
201402 2,312.458 95.500 2,588.500
201405 2,288.935 98.100 2,494.263
201408 2,299.223 98.300 2,500.376
201411 2,312.509 97.900 2,525.099
201502 2,340.301 97.600 2,563.301
201505 2,332.608 98.700 2,526.401
201508 2,357.560 98.400 2,561.211
201511 2,396.813 98.100 2,611.818
201602 2,433.828 97.800 2,660.288
201605 2,426.299 98.200 2,641.256
201608 2,464.336 97.900 2,690.884
201611 2,495.407 98.600 2,705.467
201702 2,570.357 98.100 2,800.929
201705 2,572.715 98.600 2,789.282
201708 2,599.095 98.500 2,820.744
201711 2,622.052 99.100 2,828.429
201802 2,697.673 99.500 2,898.304
201805 2,681.624 99.300 2,886.864
201808 2,721.523 99.800 2,915.138
201811 2,744.195 100.000 2,933.544
201902 2,792.884 99.700 2,994.577
201905 2,750.473 100.000 2,940.256
201908 2,781.103 100.000 2,972.999
201911 1,919.706 100.500 2,041.956
202002 1,944.979 100.300 2,072.964
202005 1,953.792 100.100 2,086.517
202008 1,995.819 100.100 2,131.399
202011 2,029.667 99.500 2,180.617
202102 2,045.267 99.800 2,190.772
202105 2,029.950 99.400 2,183.115
202108 2,080.528 99.700 2,230.777
202111 2,143.255 100.100 2,288.851
202202 2,180.379 100.700 2,314.623
202205 2,170.073 101.800 2,278.790
202208 2,213.780 102.700 2,304.314
202211 2,247.433 103.900 2,312.325
202302 2,317.232 104.000 2,381.847
202305 2,309.505 105.100 2,349.059
202308 2,377.259 105.900 2,399.707
202311 2,435.088 106.900 2,435.088

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.


Maxvalu Tokai Co  (TSE:8198) 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.


Maxvalu Tokai Co Cyclically Adjusted PB Ratio Related Terms

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Maxvalu Tokai Co (TSE:8198) Business Description

Traded in Other Exchanges
N/A
Address
303-1 Shimonagakubo, Nakaizumi-machi Sunto-gun, Shizuoka, JPN, 411-0934
Maxvalu Tokai Co Ltd is a Japan-based retail store company. It manages a chain of supermarkets centering food items such as fresh fruits and vegetables, fresh fish, side dishes among others. Services provided by the company include an online supermarket, home delivery service, resting place, pharmaceutical stores, discount service, among others. Maxvalu Tokai has stores located throughout Japan.

Maxvalu Tokai Co (TSE:8198) Headlines

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