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Ain Holdings (TSE:9627) Cyclically Adjusted PB Ratio : 2.10 (As of Jun. 01, 2024)


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What is Ain Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-01), Ain Holdings's current share price is 円5850.00. Ain Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was 円2,785.48. Ain Holdings's Cyclically Adjusted PB Ratio for today is 2.10.

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

TSE:9627' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.54   Med: 3.44   Max: 6.51
Current: 2.13

During the past years, Ain Holdings's highest Cyclically Adjusted PB Ratio was 6.51. The lowest was 1.54. And the median was 3.44.

TSE:9627's Cyclically Adjusted PB Ratio is ranked worse than
53.37% of 326 companies
in the Healthcare Providers & Services industry
Industry Median: 1.93 vs TSE:9627: 2.13

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.

Ain Holdings's adjusted book value per share data for the three months ended in Jan. 2024 was 円3,791.504. 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2,785.48 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ain Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ain 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.

Ain Holdings Cyclically Adjusted PB Ratio Chart

Ain Holdings Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.63 3.39 3.06 2.58 2.19

Ain Holdings Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2.24 2.19 1.91 1.55 1.73

Competitive Comparison of Ain Holdings's Cyclically Adjusted PB Ratio

For the Pharmaceutical Retailers subindustry, Ain 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.


Ain Holdings's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ain Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ain 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5850.00/2785.48
=2.10

* 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.

Ain Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Ain Holdings's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=3791.504/106.9000*106.9000
=3,791.504

Current CPI (Jan. 2024) = 106.9000.

Ain Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201404 1,328.356 97.700 1,453.442
201407 1,343.704 98.100 1,464.240
201410 1,392.743 98.200 1,516.133
201501 1,455.386 97.800 1,590.805
201504 1,511.545 98.400 1,642.115
201507 1,532.144 98.300 1,666.187
201510 1,584.840 98.500 1,719.994
201601 1,644.858 97.700 1,799.747
201604 1,679.656 98.100 1,830.329
201607 1,683.500 97.900 1,838.265
201610 1,731.611 98.600 1,877.375
201701 1,815.969 98.200 1,976.854
201704 1,895.595 98.500 2,057.250
201707 1,912.652 98.300 2,079.985
201710 2,573.621 98.800 2,784.616
201801 2,672.576 99.500 2,871.340
201804 2,729.323 99.100 2,944.144
201807 2,731.863 99.200 2,943.913
201810 2,780.553 100.200 2,966.478
201901 2,869.381 99.700 3,076.598
201904 2,931.365 100.000 3,133.629
201907 2,938.027 99.800 3,147.045
201910 3,006.334 100.400 3,200.967
202001 3,076.843 100.500 3,272.781
202004 3,130.670 100.200 3,340.006
202007 3,100.045 100.000 3,313.948
202010 3,151.444 99.800 3,375.645
202101 3,206.683 99.800 3,434.814
202104 3,267.341 99.100 3,524.508
202107 3,227.554 99.700 3,460.637
202110 3,285.548 99.900 3,515.767
202201 3,360.634 100.300 3,581.772
202204 3,385.400 101.500 3,565.510
202207 3,378.653 102.300 3,530.577
202210 3,438.548 103.700 3,544.656
202301 3,520.619 104.700 3,594.596
202304 3,599.615 105.100 3,661.264
202307 3,601.750 105.700 3,642.640
202310 3,693.870 107.100 3,686.972
202401 3,791.504 106.900 3,791.504

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.


Ain Holdings  (TSE:9627) 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.


Ain Holdings Cyclically Adjusted PB Ratio Related Terms

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


Ain Holdings (TSE:9627) Business Description

Traded in Other Exchanges
Address
1-2-1 Higashi-Naebo-Gojo, Higashi-ku, Sapporo-shi, JPN, 007-8755
Ain Holdings Inc's core business is the dispensing pharmacy business that includes preparing and dispensing drugs based on prescriptions. The company also generates revenue by selling generic drugs wholesale, pharmacy staffing services, and pharmacy consulting services. The company's additional business activity includes both urban and suburban drug and cosmetic stores. Ain operates the ainz & tuple brand that specifically targets female consumers in urban areas. The company also executes small real estate rental strategies.

Ain Holdings (TSE:9627) Headlines

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