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AEON Mall Co (TSE:8905) Cyclically Adjusted PB Ratio : 1.07 (As of Jun. 09, 2024)


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What is AEON Mall Co Cyclically Adjusted PB Ratio?

As of today (2024-06-09), AEON Mall Co's current share price is 円1897.00. AEON Mall Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円1,771.50. AEON Mall Co's Cyclically Adjusted PB Ratio for today is 1.07.

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

TSE:8905' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.16   Max: 2.15
Current: 1.07

During the past years, AEON Mall Co's highest Cyclically Adjusted PB Ratio was 2.15. The lowest was 0.84. And the median was 1.16.

TSE:8905's Cyclically Adjusted PB Ratio is ranked worse than
65.51% of 1389 companies
in the Real Estate industry
Industry Median: 0.71 vs TSE:8905: 1.07

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 Mall Co's adjusted book value per share data for the three months ended in Feb. 2024 was 円2,040.491. 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1,771.50 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AEON Mall Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AEON Mall 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 Mall Co Cyclically Adjusted PB Ratio Chart

AEON Mall 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 1.13 1.26 1.06 1.07 0.99

AEON Mall 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 1.07 1.04 1.01 0.98 0.99

Competitive Comparison of AEON Mall Co's Cyclically Adjusted PB Ratio

For the Real Estate - Diversified subindustry, AEON Mall 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 Mall Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, AEON Mall Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1897.00/1771.5
=1.07

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

For example, AEON Mall 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)
=2040.491/106.9000*106.9000
=2,040.491

Current CPI (Feb. 2024) = 106.9000.

AEON Mall Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 1,297.171 98.100 1,413.533
201408 1,312.751 98.300 1,427.600
201411 1,364.207 97.900 1,489.619
201502 1,438.991 97.600 1,576.108
201505 1,450.571 98.700 1,571.084
201508 1,479.805 98.400 1,607.634
201511 1,457.665 98.100 1,588.424
201602 1,482.632 97.800 1,620.587
201605 1,474.845 98.200 1,605.508
201608 1,413.445 97.900 1,543.384
201611 1,417.825 98.600 1,537.175
201702 1,539.949 98.100 1,678.089
201705 1,529.774 98.600 1,658.548
201708 1,563.579 98.500 1,696.920
201711 1,583.175 99.100 1,707.784
201802 1,643.210 99.500 1,765.419
201805 1,620.074 99.300 1,744.068
201808 1,650.487 99.800 1,767.906
201811 1,660.005 100.000 1,774.545
201902 1,685.854 99.700 1,807.601
201905 1,663.828 100.000 1,778.632
201908 1,663.502 100.000 1,778.284
201911 1,660.658 100.500 1,766.411
202002 1,731.311 100.300 1,845.236
202005 1,605.201 100.100 1,714.246
202008 1,642.024 100.100 1,753.570
202011 1,637.700 99.500 1,759.499
202102 1,658.328 99.800 1,776.305
202105 1,743.241 99.400 1,874.773
202108 1,762.378 99.700 1,889.651
202111 1,772.530 100.100 1,892.942
202202 1,830.350 100.700 1,943.043
202205 1,909.741 101.800 2,005.416
202208 2,028.894 102.700 2,111.867
202211 2,061.735 103.900 2,121.265
202302 1,935.888 104.000 1,989.869
202305 1,975.588 105.100 2,009.423
202308 2,090.742 105.900 2,110.485
202311 2,116.929 106.900 2,116.929
202402 2,040.491 106.900 2,040.491

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 Mall Co  (TSE:8905) 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 Mall Co Cyclically Adjusted PB Ratio Related Terms

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


AEON Mall Co (TSE:8905) Business Description

Industry
Traded in Other Exchanges
Address
1-5-1 Nakase, Mihama-ku, Chiba-shi, Chiba, JPN, 261-8539
AEON Mall Co Ltd is a mall and shopping center real estate company in Japan. The company's operations can be divided into three core businesses: development of large-scale shopping malls, tenant leasing, and operation/management of shopping malls. These businesses design, develop, construct, and operate large-scale shopping malls. The company also offers leasing services and develops and revitalizes shopping malls and local commercial facilities. The vast majority of the company's revenue is generated from its domestic mall business.

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