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Izumi Co (TSE:8273) Cyclically Adjusted PB Ratio : 1.13 (As of Jun. 06, 2024)


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What is Izumi Co Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Izumi Co's current share price is 円3313.00. Izumi Co's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 was 円2,920.88. Izumi Co's Cyclically Adjusted PB Ratio for today is 1.13.

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

TSE:8273' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.08   Med: 1.62   Max: 4.46
Current: 1.15

During the past years, Izumi Co's highest Cyclically Adjusted PB Ratio was 4.46. The lowest was 1.08. And the median was 1.62.

TSE:8273's Cyclically Adjusted PB Ratio is ranked better than
50.99% of 761 companies
in the Retail - Cyclical industry
Industry Median: 1.17 vs TSE:8273: 1.15

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.

Izumi Co's adjusted book value per share data for the three months ended in Nov. 2023 was 円3,830.254. 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2,920.88 for the trailing ten years ended in Nov. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Izumi Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Izumi 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.

Izumi Co Cyclically Adjusted PB Ratio Chart

Izumi Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.63 1.45 1.77 1.32 1.11

Izumi Co Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 1.14 1.11 1.16 1.34 1.21

Competitive Comparison of Izumi Co's Cyclically Adjusted PB Ratio

For the Department Stores subindustry, Izumi 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.


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

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

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



Izumi 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3313.00/2920.88
=1.13

* 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.

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

For example, Izumi 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)
=3830.254/106.9000*106.9000
=3,830.254

Current CPI (Nov. 2023) = 106.9000.

Izumi Co Quarterly Data

Book Value per Share CPI Adj_Book
201402 1,672.904 95.500 1,872.601
201405 1,708.154 98.100 1,861.383
201408 1,773.144 98.300 1,928.272
201411 1,808.687 97.900 1,974.961
201502 1,876.200 97.600 2,054.977
201505 1,928.652 98.700 2,088.884
201508 1,957.376 98.400 2,126.458
201511 1,985.084 98.100 2,163.155
201602 2,060.420 97.800 2,252.136
201605 2,086.153 98.200 2,270.975
201608 2,072.826 97.900 2,263.382
201611 2,103.764 98.600 2,280.856
201702 2,240.645 98.100 2,441.641
201705 2,528.066 98.600 2,740.875
201708 2,633.195 98.500 2,857.752
201711 2,691.584 99.100 2,903.434
201802 2,553.116 99.500 2,742.996
201805 2,591.841 99.300 2,790.209
201808 2,661.727 99.800 2,851.088
201811 2,678.961 100.000 2,863.809
201902 2,789.536 99.700 2,990.987
201905 2,802.836 100.000 2,996.232
201908 2,874.914 100.000 3,073.283
201911 2,904.010 100.500 3,088.942
202002 2,991.226 100.300 3,188.056
202005 3,008.559 100.100 3,212.937
202008 3,117.256 100.100 3,329.018
202011 3,149.981 99.500 3,384.251
202102 3,244.535 99.800 3,475.359
202105 3,268.385 99.400 3,514.994
202108 3,350.290 99.700 3,592.237
202111 3,382.243 100.100 3,612.006
202202 3,479.230 100.700 3,693.443
202205 3,482.937 101.800 3,657.426
202208 3,559.563 102.700 3,705.134
202211 3,588.243 103.900 3,691.850
202302 3,706.947 104.000 3,810.314
202305 3,742.515 105.100 3,806.611
202308 3,816.142 105.900 3,852.177
202311 3,830.254 106.900 3,830.254

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.


Izumi Co  (TSE:8273) 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.


Izumi Co Cyclically Adjusted PB Ratio Related Terms

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


Izumi Co (TSE:8273) Business Description

Traded in Other Exchanges
Address
3-3-1 Futabanosato, Higashi-ku, Hiroshima, JPN, 732-8555
Izumi Co Ltd is engaged in operating shopping centres, general merchandising stores, clothing, household goods and food products. Most of the stores are located in Kyushu Region, Chugoku Region, and Shikoku Region in Japan. The company operates through segments including retail, retail-peripheral operations, and other. The retail segment is engaged in the retail business through shopping centres. The retail-peripheral operations segment consists of a credit and finance business, shop facility management, and restaurant operation, which deliver the vast majority of the business' income. The other segment includes wholesale and real estate operations.

Izumi Co (TSE:8273) Headlines

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