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Takashimaya Co (TSE:8233) Cyclically Adjusted PB Ratio : 1.02 (As of Jun. 06, 2024)


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What is Takashimaya Co Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Takashimaya Co's current share price is 円2640.50. Takashimaya Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円2,599.30. Takashimaya Co's Cyclically Adjusted PB Ratio for today is 1.02.

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

TSE:8233' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.59   Max: 1.15
Current: 1.01

During the past years, Takashimaya Co's highest Cyclically Adjusted PB Ratio was 1.15. The lowest was 0.31. And the median was 0.59.

TSE:8233's Cyclically Adjusted PB Ratio is ranked better than
54.8% of 761 companies
in the Retail - Cyclical industry
Industry Median: 1.17 vs TSE:8233: 1.01

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.

Takashimaya Co's adjusted book value per share data for the three months ended in Feb. 2024 was 円2,878.794. 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2,599.30 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Takashimaya Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Takashimaya 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.

Takashimaya Co Cyclically Adjusted PB Ratio Chart

Takashimaya 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 0.45 0.47 0.48 0.76 0.87

Takashimaya 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 0.76 0.74 0.86 0.77 0.87

Competitive Comparison of Takashimaya Co's Cyclically Adjusted PB Ratio

For the Department Stores subindustry, Takashimaya 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.


Takashimaya Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

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



Takashimaya 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2640.50/2599.3
=1.02

* 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.

Takashimaya Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Takashimaya Co's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=2878.794/106.9000*106.9000
=2,878.794

Current CPI (Feb. 2024) = 106.9000.

Takashimaya Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 2,081.169 98.100 2,267.859
201408 2,121.131 98.300 2,306.703
201411 2,146.887 97.900 2,344.251
201502 2,262.569 97.600 2,478.162
201505 2,294.118 98.700 2,484.713
201508 2,289.425 98.400 2,487.190
201511 2,295.523 98.100 2,501.441
201602 2,282.904 97.800 2,495.321
201605 2,283.722 98.200 2,486.048
201608 2,255.824 97.900 2,463.203
201611 2,282.869 98.600 2,475.037
201702 2,359.040 98.100 2,570.656
201705 2,371.836 98.600 2,571.494
201708 2,406.991 98.500 2,612.257
201711 2,458.135 99.100 2,651.611
201802 2,513.314 99.500 2,700.234
201805 2,511.317 99.300 2,703.523
201808 2,522.545 99.800 2,702.005
201811 2,538.535 100.000 2,713.694
201902 2,540.524 99.700 2,723.992
201905 2,565.843 100.000 2,742.886
201908 2,595.895 100.000 2,775.012
201911 2,624.101 100.500 2,791.208
202002 2,607.162 100.300 2,778.720
202005 2,454.241 100.100 2,620.963
202008 2,437.658 100.100 2,603.253
202011 2,418.214 99.500 2,598.061
202102 2,364.943 99.800 2,533.190
202105 2,361.446 99.400 2,539.624
202108 2,343.933 99.700 2,513.204
202111 2,328.393 100.100 2,486.566
202202 2,390.459 100.700 2,537.637
202205 2,426.889 101.800 2,548.472
202208 2,514.406 102.700 2,617.235
202211 2,610.726 103.900 2,686.108
202302 2,620.413 104.000 2,693.482
202305 2,670.238 105.100 2,715.970
202308 2,748.802 105.900 2,774.759
202311 2,797.549 106.900 2,797.549
202402 2,878.794 106.900 2,878.794

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.


Takashimaya Co  (TSE:8233) 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.


Takashimaya Co Cyclically Adjusted PB Ratio Related Terms

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Takashimaya Co (TSE:8233) Business Description

Traded in Other Exchanges
Address
No. 1 No. 5, Osaka Namba 5-chome, Chuo-ku, Osaka, JPN, 542-8510
Takashimaya Co Ltd is a Japanese company that operates department stores in Japan and overseas in Singapore and China. The company is involved in shopping-center development, consumer finance, and other businesses. The chain offers a wide variety of products: clothing, cosmetics, household goods, food products, restaurants, and services. The second core business is shopping-center development and management through Toshin development. Other group businesses include design and interior decoration, credit cards, dining and restaurants, advertising and publicity, personnel services and solutions, and insurance.

Takashimaya Co (TSE:8233) Headlines

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