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Mitsui O.S.K. Lines (TSE:9104) Cyclically Adjusted PB Ratio : 2.00 (As of May. 17, 2024)


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What is Mitsui O.S.K. Lines Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Mitsui O.S.K. Lines's current share price is 円5064.00. Mitsui O.S.K. Lines's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円2,532.64. Mitsui O.S.K. Lines's Cyclically Adjusted PB Ratio for today is 2.00.

The historical rank and industry rank for Mitsui O.S.K. Lines's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSE:9104' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.65   Max: 2.19
Current: 1.96

During the past years, Mitsui O.S.K. Lines's highest Cyclically Adjusted PB Ratio was 2.19. The lowest was 0.29. And the median was 0.65.

TSE:9104's Cyclically Adjusted PB Ratio is ranked worse than
68.38% of 702 companies
in the Transportation industry
Industry Median: 1.26 vs TSE:9104: 1.96

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.

Mitsui O.S.K. Lines's adjusted book value per share data for the three months ended in Dec. 2023 was 円6,294.671. 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2,532.64 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsui O.S.K. Lines Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mitsui O.S.K. Lines'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.

Mitsui O.S.K. Lines Cyclically Adjusted PB Ratio Chart

Mitsui O.S.K. Lines Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.76 1.90 1.52 -

Mitsui O.S.K. Lines 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 1.52 1.51 1.70 1.78 -

Competitive Comparison of Mitsui O.S.K. Lines's Cyclically Adjusted PB Ratio

For the Marine Shipping subindustry, Mitsui O.S.K. Lines'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.


Mitsui O.S.K. Lines's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Mitsui O.S.K. Lines's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mitsui O.S.K. Lines's Cyclically Adjusted PB Ratio falls into.



Mitsui O.S.K. Lines 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.

Mitsui O.S.K. Lines's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5064.00/2532.64
=2.00

* 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.

Mitsui O.S.K. Lines's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Mitsui O.S.K. Lines'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)
=6294.671/106.8000*106.8000
=6,294.671

Current CPI (Dec. 2023) = 106.8000.

Mitsui O.S.K. Lines Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,899.664 95.700 2,120.001
201406 1,876.114 98.000 2,044.581
201409 1,894.630 98.500 2,054.279
201412 2,009.686 97.900 2,192.385
201503 2,187.966 97.900 2,386.872
201506 2,195.496 98.400 2,382.916
201509 2,147.903 98.500 2,328.894
201512 2,096.126 98.100 2,282.021
201603 1,515.056 97.900 1,652.788
201606 1,441.426 98.100 1,569.259
201609 1,399.377 98.000 1,525.035
201612 1,461.553 98.400 1,586.320
201703 1,600.897 98.100 1,742.873
201706 1,587.032 98.500 1,720.762
201709 1,605.582 98.800 1,735.589
201712 1,673.154 99.400 1,797.715
201803 1,430.574 99.200 1,540.174
201806 1,406.088 99.200 1,513.812
201809 1,495.404 99.900 1,598.690
201812 1,498.999 99.700 1,605.748
201903 1,468.477 99.700 1,573.053
201906 1,433.604 99.800 1,534.157
201909 1,414.888 100.100 1,509.591
201912 1,466.155 100.500 1,558.063
202003 1,435.351 100.300 1,528.370
202006 1,376.625 99.900 1,471.707
202009 1,426.491 99.900 1,525.017
202012 1,490.337 99.300 1,602.900
202103 1,613.790 99.900 1,725.253
202106 1,965.104 99.500 2,109.277
202109 2,432.768 100.100 2,595.601
202112 2,953.405 100.100 3,151.085
202203 3,534.458 101.100 3,733.730
202206 4,010.878 101.800 4,207.876
202209 5,142.781 103.100 5,327.342
202212 5,269.085 104.100 5,405.747
202303 5,323.858 104.400 5,446.246
202306 5,535.903 105.200 5,620.099
202309 5,971.455 106.200 6,005.192
202312 6,294.671 106.800 6,294.671

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.


Mitsui O.S.K. Lines  (TSE:9104) 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.


Mitsui O.S.K. Lines Cyclically Adjusted PB Ratio Related Terms

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Mitsui O.S.K. Lines (TSE:9104) Business Description

Traded in Other Exchanges
Address
1-1, Toranomon 2-chome, Shosen Mitsui Building, Minato-ku, Tokyo, JPN, 105-8688
Mitsui O.S.K. Lines is a Japanese transportation and logistics company. It operates through five segments: dry bulk, energy transport, product transport, associated businesses, and other. The product transport business is the largest contributor to revenue. Product transport largely focuses on the ownership and operation of containerships, followed by logistics services, car carriers, and inshore ferries. Dry bulk involves transporting materials such as iron ore, coal, grains, wood, cement, salt, and more via company-owned and operated bulk carriers. The energy transport business uses Mitsui tankers to ship crude oil, naphtha, liquefied natural gas, and other energy products. Most revenue is generated domestically in Japan.

Mitsui O.S.K. Lines (TSE:9104) Headlines

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