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Katitas Co (TSE:8919) Cyclically Adjusted PB Ratio : 4.59 (As of May. 23, 2024)


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What is Katitas Co Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Katitas Co's current share price is 円1669.00. Katitas Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was 円363.69. Katitas Co's Cyclically Adjusted PB Ratio for today is 4.59.

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

TSE:8919' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 5.34
Current: 4.76

During the past 10 years, Katitas Co's highest Cyclically Adjusted PB Ratio was 5.34. The lowest was 0.00. And the median was 0.00.

TSE:8919's Cyclically Adjusted PB Ratio is ranked worse than
90.91% of 77 companies
in the Homebuilding & Construction industry
Industry Median: 1.32 vs TSE:8919: 4.76

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.

Katitas Co's adjusted book value per share data of for the fiscal year that ended in Mar24 was 円517.383. 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363.69 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Katitas Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Katitas 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.

Katitas Co Cyclically Adjusted PB Ratio Chart

Katitas Co Annual Data
Trend Jan11 Jan12 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 5.46

Katitas Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - 5.46

Competitive Comparison of Katitas Co's Cyclically Adjusted PB Ratio

For the Residential Construction subindustry, Katitas 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.


Katitas Co's Cyclically Adjusted PB Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Katitas Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Katitas 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1669.00/363.69
=4.59

* 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.

Katitas Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Katitas Co's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=517.383/107.2000*107.2000
=517.383

Current CPI (Mar24) = 107.2000.

Katitas Co Annual Data

Book Value per Share CPI Adj_Book
201101 361.860 94.400 410.926
201201 362.149 94.500 410.819
201703 156.017 98.100 170.490
201803 205.571 99.200 222.149
201903 254.142 99.700 273.260
202003 296.387 100.300 316.777
202103 366.355 99.900 393.126
202203 423.894 101.100 449.470
202303 460.122 104.400 472.462
202403 517.383 107.200 517.383

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.


Katitas Co  (TSE:8919) 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.


Katitas Co Cyclically Adjusted PB Ratio Related Terms

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


Katitas Co (TSE:8919) Business Description

Traded in Other Exchanges
N/A
Address
4-2 Mihara-cho, Kiryu-shi, Gunma, JPN
Katitas Co Ltd operates in the housing market in Japan. The company is engaged in the business activities of purchase, renovation, and sale of secondhand houses.

Katitas Co (TSE:8919) Headlines

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