GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » TV Asahi Holdings Corp (TSE:9409) » Definitions » Cyclically Adjusted PB Ratio

TV Asahi Holdings (TSE:9409) Cyclically Adjusted PB Ratio : 0.58 (As of Jun. 09, 2024)


View and export this data going back to 2000. Start your Free Trial

What is TV Asahi Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-09), TV Asahi Holdings's current share price is 円2023.00. TV Asahi Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円3,513.99. TV Asahi Holdings's Cyclically Adjusted PB Ratio for today is 0.58.

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

TSE:9409' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.58   Max: 0.96
Current: 0.58

During the past years, TV Asahi Holdings's highest Cyclically Adjusted PB Ratio was 0.96. The lowest was 0.39. And the median was 0.58.

TSE:9409's Cyclically Adjusted PB Ratio is ranked better than
73.74% of 693 companies
in the Media - Diversified industry
Industry Median: 1.13 vs TSE:9409: 0.58

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.

TV Asahi Holdings's adjusted book value per share data for the three months ended in Dec. 2023 was 円4,025.793. 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3,513.99 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


TV Asahi Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for TV Asahi Holdings'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.

TV Asahi Holdings Cyclically Adjusted PB Ratio Chart

TV Asahi Holdings 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 0.57 0.70 0.48 0.45 -

TV Asahi Holdings 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 0.45 0.48 0.49 0.46 -

Competitive Comparison of TV Asahi Holdings's Cyclically Adjusted PB Ratio

For the Broadcasting subindustry, TV Asahi Holdings'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.


TV Asahi Holdings's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, TV Asahi Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where TV Asahi Holdings's Cyclically Adjusted PB Ratio falls into.



TV Asahi Holdings 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.

TV Asahi Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2023.00/3513.99
=0.58

* 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.

TV Asahi Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, TV Asahi Holdings'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)
=4025.793/106.8000*106.8000
=4,025.793

Current CPI (Dec. 2023) = 106.8000.

TV Asahi Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 2,653.989 95.700 2,961.818
201406 2,600.851 98.000 2,834.397
201409 2,637.042 98.500 2,859.250
201412 2,749.806 97.900 2,999.788
201503 2,809.538 97.900 3,064.951
201506 2,843.664 98.400 3,086.416
201509 2,839.558 98.500 3,078.830
201512 2,907.109 98.100 3,164.926
201603 2,831.985 97.900 3,089.438
201606 2,846.413 98.100 3,098.847
201609 2,846.580 98.000 3,102.191
201612 2,936.651 98.400 3,187.341
201703 2,979.606 98.100 3,243.852
201706 3,023.722 98.500 3,278.513
201709 3,087.943 98.800 3,337.979
201712 3,134.894 99.400 3,368.276
201803 3,144.685 99.200 3,385.608
201806 3,176.542 99.200 3,419.906
201809 3,269.913 99.900 3,495.763
201812 3,208.615 99.700 3,437.112
201903 3,264.478 99.700 3,496.953
201906 3,285.726 99.800 3,516.188
201909 3,291.017 100.100 3,511.295
201912 3,384.017 100.500 3,596.149
202003 3,380.320 100.300 3,599.384
202006 3,444.240 99.900 3,682.130
202009 3,467.833 99.900 3,707.353
202012 3,427.673 99.300 3,686.561
202103 3,693.843 99.900 3,948.973
202106 3,733.790 99.500 4,007.726
202109 3,846.626 100.100 4,104.092
202112 3,884.868 100.100 4,144.894
202203 3,857.489 101.100 4,074.974
202206 3,819.634 101.800 4,007.239
202209 3,863.926 103.100 4,002.593
202212 3,894.477 104.100 3,995.486
202303 3,870.220 104.400 3,959.191
202306 3,945.612 105.200 4,005.621
202309 3,969.292 106.200 3,991.717
202312 4,025.793 106.800 4,025.793

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.


TV Asahi Holdings  (TSE:9409) 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.


TV Asahi Holdings Cyclically Adjusted PB Ratio Related Terms

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


TV Asahi Holdings (TSE:9409) Business Description

Traded in Other Exchanges
Address
6-9-1, Roppongi, Minato-ku, Tokyo, JPN, 106-8001
TV Asahi Holdings Corporation is a Japanese multimedia group. Ranging from its primary business of broadcast TV, the company owns and manages music publishing and miscellaneous businesses. The Television Broadcasting segment is involved in the production and broadcasting of TV programs. The Music Publishing segment attends to music copyrights and related rights as well as the artist management and recording businesses and through the Others segment, it is engaged in event management and the sale of digital goods such as DVDs. The company derives its revenue from TV Broadcasting Business.

TV Asahi Holdings (TSE:9409) Headlines

No Headlines