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Sanyo Electric Railway Co (TSE:9052) Cyclically Adjusted PB Ratio : 1.10 (As of May. 31, 2024)


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What is Sanyo Electric Railway Co Cyclically Adjusted PB Ratio?

As of today (2024-05-31), Sanyo Electric Railway Co's current share price is 円2101.00. Sanyo Electric Railway Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,912.93. Sanyo Electric Railway Co's Cyclically Adjusted PB Ratio for today is 1.10.

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

TSE:9052' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.05   Med: 1.31   Max: 2.13
Current: 1.08

During the past years, Sanyo Electric Railway Co's highest Cyclically Adjusted PB Ratio was 2.13. The lowest was 1.05. And the median was 1.31.

TSE:9052's Cyclically Adjusted PB Ratio is ranked better than
57.62% of 715 companies
in the Transportation industry
Industry Median: 1.28 vs TSE:9052: 1.08

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.

Sanyo Electric Railway Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円2,367.926. 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1,912.93 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sanyo Electric Railway Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sanyo Electric Railway 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.

Sanyo Electric Railway Co Cyclically Adjusted PB Ratio Chart

Sanyo Electric Railway Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 1.31 1.19 1.22 1.26

Sanyo Electric Railway Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.19 1.26 1.19 1.15 1.14

Competitive Comparison of Sanyo Electric Railway Co's Cyclically Adjusted PB Ratio

For the Railroads subindustry, Sanyo Electric Railway 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.


Sanyo Electric Railway Co's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Sanyo Electric Railway Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sanyo Electric Railway 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.

Sanyo Electric Railway Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2101.00/1912.93
=1.10

* 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.

Sanyo Electric Railway Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Sanyo Electric Railway Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2367.926/106.8000*106.8000
=2,367.926

Current CPI (Dec. 2023) = 106.8000.

Sanyo Electric Railway Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,400.964 95.700 1,563.458
201406 1,429.207 98.000 1,557.544
201409 1,458.710 98.500 1,581.627
201412 1,483.310 97.900 1,618.156
201503 1,513.844 97.900 1,651.466
201506 1,561.342 98.400 1,694.627
201509 1,570.248 98.500 1,702.563
201512 1,610.189 98.100 1,752.989
201603 1,518.385 97.900 1,656.420
201606 1,532.690 98.100 1,668.617
201609 1,570.116 98.000 1,711.106
201612 1,622.747 98.400 1,761.274
201703 1,617.328 98.100 1,760.761
201706 1,654.939 98.500 1,794.391
201709 1,683.508 98.800 1,819.824
201712 1,719.814 99.400 1,847.848
201803 1,713.674 99.200 1,844.964
201806 1,742.472 99.200 1,875.968
201809 1,759.391 99.900 1,880.910
201812 1,753.946 99.700 1,878.851
201903 1,765.410 99.700 1,891.131
201906 1,783.863 99.800 1,908.984
201909 1,820.628 100.100 1,942.488
201912 1,854.964 100.500 1,971.245
202003 1,818.456 100.300 1,936.302
202006 1,792.035 99.900 1,915.809
202009 1,816.832 99.900 1,942.319
202012 1,840.593 99.300 1,979.611
202103 1,882.982 99.900 2,013.038
202106 1,867.040 99.500 2,004.019
202109 1,909.479 100.100 2,037.286
202112 1,906.824 100.100 2,034.454
202203 2,113.899 101.100 2,233.080
202206 2,131.715 101.800 2,236.416
202209 2,153.678 103.100 2,230.968
202212 2,191.528 104.100 2,248.369
202303 2,234.344 104.400 2,285.708
202306 2,306.221 105.200 2,341.297
202309 2,360.050 106.200 2,373.384
202312 2,367.926 106.800 2,367.926

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.


Sanyo Electric Railway Co  (TSE:9052) 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.


Sanyo Electric Railway Co Cyclically Adjusted PB Ratio Related Terms

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Sanyo Electric Railway Co (TSE:9052) Business Description

Traded in Other Exchanges
N/A
Address
3-1-1, Oyashiki-dori, Nagata-ku, Kobe, JPN, 653-0843
Sanyo Electric Railway Co Ltd is a Japanese company. It is engaged in railway business which connects from Himeji to Kobe and also to Hanshin Electric Railway through mutual direct driving, and it connects to Osaka Umeda without transfer. The company focuses on constructing a transportation network in the southern area of Hyogo Prefecture. It is also involved in real estate business, where it is promoting the development of residential and commercial facilities with the aim of revitalizing the community, as well as effective utilization of the land. In addition, the company operates Suma Urashiro Ueno Park located in Suma Ward, Kobe City.

Sanyo Electric Railway Co (TSE:9052) Headlines

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