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Arcs Co (TSE:9948) Cyclically Adjusted PB Ratio : 1.08 (As of Jun. 06, 2024)


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What is Arcs Co Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Arcs Co's current share price is 円2948.00. Arcs Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円2,727.72. Arcs Co's Cyclically Adjusted PB Ratio for today is 1.08.

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

TSE:9948' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.04   Max: 1.56
Current: 1.09

During the past years, Arcs Co's highest Cyclically Adjusted PB Ratio was 1.56. The lowest was 0.69. And the median was 1.04.

TSE:9948's Cyclically Adjusted PB Ratio is ranked better than
53.09% of 761 companies
in the Retail - Cyclical industry
Industry Median: 1.17 vs TSE:9948: 1.09

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.

Arcs Co's adjusted book value per share data for the three months ended in Feb. 2024 was 円3,293.918. 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2,727.72 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arcs Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Arcs 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.

Arcs Co Cyclically Adjusted PB Ratio Chart

Arcs Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.97 0.91 0.85 1.13

Arcs Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.85 0.90 0.98 1.01 1.13

Competitive Comparison of Arcs Co's Cyclically Adjusted PB Ratio

For the Department Stores subindustry, Arcs 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.


Arcs Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Arcs Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Arcs 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2948.00/2727.72
=1.08

* 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.

Arcs Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Arcs Co's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=3293.918/106.9000*106.9000
=3,293.918

Current CPI (Feb. 2024) = 106.9000.

Arcs Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 2,013.685 98.100 2,194.321
201408 2,050.796 98.300 2,230.215
201411 2,097.551 97.900 2,290.380
201502 2,102.838 97.600 2,303.211
201505 2,110.754 98.700 2,286.116
201508 2,157.605 98.400 2,343.983
201511 2,168.526 98.100 2,363.052
201602 2,128.357 97.800 2,326.394
201605 2,157.864 98.200 2,349.039
201608 2,216.573 97.900 2,420.344
201611 2,242.625 98.600 2,431.406
201702 2,281.095 98.100 2,485.719
201705 2,297.055 98.600 2,490.418
201708 2,346.858 98.500 2,546.996
201711 2,361.329 99.100 2,547.185
201802 2,425.753 99.500 2,606.161
201805 2,443.414 99.300 2,630.423
201808 2,496.399 99.800 2,673.999
201811 2,506.621 100.000 2,679.578
201902 2,557.778 99.700 2,742.492
201905 2,561.503 100.000 2,738.247
201908 2,587.216 100.000 2,765.734
201911 2,605.505 100.500 2,771.428
202002 2,558.469 100.300 2,726.823
202005 2,661.852 100.100 2,842.677
202008 2,746.166 100.100 2,932.719
202011 2,747.777 99.500 2,952.134
202102 2,787.245 99.800 2,985.536
202105 2,797.338 99.400 3,008.405
202108 2,861.167 99.700 3,067.791
202111 2,864.195 100.100 3,058.766
202202 2,910.287 100.700 3,089.471
202205 2,918.245 101.800 3,064.444
202208 2,964.420 102.700 3,085.652
202211 2,984.211 103.900 3,070.377
202302 3,066.851 104.000 3,152.369
202305 3,104.167 105.100 3,157.331
202308 3,172.745 105.900 3,202.705
202311 3,200.666 106.900 3,200.666
202402 3,293.918 106.900 3,293.918

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.


Arcs Co  (TSE:9948) 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.


Arcs Co Cyclically Adjusted PB Ratio Related Terms

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


Arcs Co (TSE:9948) Business Description

Traded in Other Exchanges
N/A
Address
11-2-32, Minami 13-jo Nishi, Chuo-ku, Sapporo, JPN, 064-8610
Arcs Co Ltd is a Japan-based company principally engaged in the supermarket business. The company also operates other businesses through subsidiaries, including tourism, building maintenance, real estate leasing, property and casualty insurance and life insurance agency, wholesale, food manufacturing, industrial and general waste collection, and construction businesses. The supermarket segment offers a broad range of merchandise, including foods, apparel, and housing-related products.

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