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Tsumura (Tsumura) Cyclically Adjusted PB Ratio : 1.39 (As of Jun. 08, 2024)


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What is Tsumura Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Tsumura's current share price is $26.76. Tsumura's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $19.25. Tsumura's Cyclically Adjusted PB Ratio for today is 1.39.

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

TSMRF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.54   Max: 2.81
Current: 1.4

During the past years, Tsumura's highest Cyclically Adjusted PB Ratio was 2.81. The lowest was 0.95. And the median was 1.54.

TSMRF's Cyclically Adjusted PB Ratio is ranked better than
62.13% of 742 companies
in the Drug Manufacturers industry
Industry Median: 1.875 vs TSMRF: 1.40

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.

Tsumura's adjusted book value per share data for the three months ended in Mar. 2024 was $23.806. 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 $19.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tsumura Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tsumura'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.

Tsumura Cyclically Adjusted PB Ratio Chart

Tsumura 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 1.35 1.82 1.35 1.01 1.34

Tsumura 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 1.01 1.00 1.02 0.95 1.34

Competitive Comparison of Tsumura's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Tsumura'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.


Tsumura's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Tsumura's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Tsumura 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.

Tsumura's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=26.76/19.25
=1.39

* 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.

Tsumura's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=23.806/107.2000*107.2000
=23.806

Current CPI (Mar. 2024) = 107.2000.

Tsumura Quarterly Data

Book Value per Share CPI Adj_Book
201406 18.264 98.000 19.979
201409 17.873 98.500 19.452
201412 16.893 97.900 18.498
201503 17.468 97.900 19.127
201506 17.290 98.400 18.836
201509 18.039 98.500 19.632
201512 18.042 98.100 19.716
201603 19.207 97.900 21.032
201606 20.240 98.100 22.118
201609 20.494 98.000 22.418
201612 18.480 98.400 20.133
201703 19.929 98.100 21.778
201706 20.436 98.500 22.241
201709 20.964 98.800 22.746
201712 22.803 99.400 24.592
201803 23.877 99.200 25.803
201806 23.142 99.200 25.008
201809 23.133 99.900 24.823
201812 23.170 99.700 24.913
201903 23.749 99.700 25.536
201906 24.449 99.800 26.262
201909 24.619 100.100 26.365
201912 24.466 100.500 26.097
202003 24.932 100.300 26.647
202006 24.976 99.900 26.801
202009 25.954 99.900 27.851
202012 26.827 99.300 28.961
202103 26.187 99.900 28.101
202106 26.545 99.500 28.599
202109 27.167 100.100 29.094
202112 26.697 100.100 28.591
202203 26.429 101.100 28.024
202206 24.323 101.800 25.613
202209 23.464 103.100 24.397
202212 24.973 104.100 25.717
202303 24.684 104.400 25.346
202306 23.735 105.200 24.186
202309 23.448 106.200 23.669
202312 24.791 106.800 24.884
202403 23.806 107.200 23.806

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.


Tsumura  (OTCPK:TSMRF) 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.


Tsumura Cyclically Adjusted PB Ratio Related Terms

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


Tsumura (Tsumura) Business Description

Traded in Other Exchanges
Address
2-17-11, Akasaka, Minato-ku, Tokyo, JPN, 107-8521
Tsumura & Co is a specialty and generic drug manufacturing company. The company generates most of its revenue through prescription Kampo products, followed by over-the-counter medicines. Tsumura promotes its products through educational support at medical schools and by hosting seminars for physicians and consumers. The company considers strategic collaboration agreements to be a potential component of its operational growth strategy for expanding its research, development, manufacturing, and marketing capabilities.

Tsumura (Tsumura) Headlines

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