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AEON Co (TSE:8267) Cyclically Adjusted PB Ratio : 2.42 (As of May. 18, 2024)


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What is AEON Co Cyclically Adjusted PB Ratio?

As of today (2024-05-18), AEON Co's current share price is 円3304.00. AEON Co's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 was 円1,367.50. AEON Co's Cyclically Adjusted PB Ratio for today is 2.42.

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

TSE:8267' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.23   Med: 1.81   Max: 2.69
Current: 2.42

During the past years, AEON Co's highest Cyclically Adjusted PB Ratio was 2.69. The lowest was 1.23. And the median was 1.81.

TSE:8267's Cyclically Adjusted PB Ratio is ranked worse than
72.33% of 730 companies
in the Retail - Cyclical industry
Industry Median: 1.17 vs TSE:8267: 2.42

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.

AEON Co's adjusted book value per share data for the three months ended in Nov. 2023 was 円1,218.220. 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1,367.50 for the trailing ten years ended in Nov. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


AEON Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AEON 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.

AEON Co Cyclically Adjusted PB Ratio Chart

AEON 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 1.51 2.42 1.96 1.88 -

AEON 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 1.88 2.03 2.22 2.24 -

Competitive Comparison of AEON Co's Cyclically Adjusted PB Ratio

For the Department Stores subindustry, AEON 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.


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

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

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



AEON 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3304.00/1367.5
=2.42

* 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.

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

For example, AEON 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)
=1218.22/106.9000*106.9000
=1,218.220

Current CPI (Nov. 2023) = 106.9000.

AEON Co Quarterly Data

Book Value per Share CPI Adj_Book
201402 1,338.820 95.500 1,498.637
201405 1,328.427 98.100 1,447.593
201408 1,333.952 98.300 1,450.656
201411 1,371.839 97.900 1,497.953
201502 1,446.251 97.600 1,584.060
201505 1,450.135 98.700 1,570.612
201508 1,449.531 98.400 1,574.745
201511 1,409.788 98.100 1,536.252
201602 1,366.931 97.800 1,494.120
201605 1,347.118 98.200 1,466.466
201608 1,314.630 97.900 1,435.485
201611 1,299.449 98.600 1,408.835
201702 1,351.958 98.100 1,473.235
201705 1,337.857 98.600 1,450.476
201708 1,345.382 98.500 1,460.115
201711 1,340.150 99.100 1,445.631
201802 1,373.881 99.500 1,476.059
201805 1,348.405 99.300 1,451.606
201808 1,338.148 99.800 1,433.347
201811 1,300.300 100.000 1,390.021
201902 1,301.646 99.700 1,395.647
201905 1,251.580 100.000 1,337.939
201908 1,260.699 100.000 1,347.687
201911 1,243.825 100.500 1,323.034
202002 1,266.651 100.300 1,350.000
202005 1,185.608 100.100 1,266.149
202008 1,184.477 100.100 1,264.941
202011 1,163.715 99.500 1,250.263
202102 1,149.386 99.800 1,231.156
202105 1,155.050 99.400 1,242.202
202108 1,157.268 99.700 1,240.842
202111 1,120.912 100.100 1,197.058
202202 1,132.278 100.700 1,201.991
202205 1,158.872 101.800 1,216.929
202208 1,191.649 102.700 1,240.382
202211 1,166.358 103.900 1,200.035
202302 1,162.487 104.000 1,194.903
202305 1,175.870 105.100 1,196.009
202308 1,227.227 105.900 1,238.816
202311 1,218.220 106.900 1,218.220

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.


AEON Co  (TSE:8267) 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.


AEON Co Cyclically Adjusted PB Ratio Related Terms

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


AEON Co (TSE:8267) Business Description

Traded in Other Exchanges
Address
1-5-1 Nakase, Minami-ku, Chiba-shi, Chiba, JPN, 261-8515
AEON Co Ltd is the holding company of Aeon Group, integrated Japanese retailer, and is active not only in Japan but also throughout countries in the Association of Southeast Asian Nations and China. The business is segmented in four main divisions: supermarket and discount store, drugstore and pharmacy, shopping-center development, and financial sevices. The company's core operations are general merchandise store, supermarket, and convenience-store operations. Aeon is also active in specialty store operations, shopping-center development and operations, and credit card business and services.

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