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Kakaku.com (TSE:2371) Cyclically Adjusted PB Ratio : 9.42 (As of Apr. 27, 2024)


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What is Kakaku.com Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Kakaku.com's current share price is 円1816.00. Kakaku.com's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円192.68. Kakaku.com's Cyclically Adjusted PB Ratio for today is 9.42.

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

TSE:2371' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.32   Med: 20.07   Max: 26.63
Current: 8.91

During the past years, Kakaku.com's highest Cyclically Adjusted PB Ratio was 26.63. The lowest was 7.32. And the median was 20.07.

TSE:2371's Cyclically Adjusted PB Ratio is ranked worse than
93.01% of 286 companies
in the Interactive Media industry
Industry Median: 1.555 vs TSE:2371: 8.91

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.

Kakaku.com's adjusted book value per share data for the three months ended in Dec. 2023 was 円241.592. 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192.68 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kakaku.com Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kakaku.com'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.

Kakaku.com Cyclically Adjusted PB Ratio Chart

Kakaku.com Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.31 15.79 21.44 17.51 10.14

Kakaku.com Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 12.15 10.14 11.28 8.05 9.06

Competitive Comparison of Kakaku.com's Cyclically Adjusted PB Ratio

For the Internet Content & Information subindustry, Kakaku.com'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.


Kakaku.com's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Kakaku.com's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kakaku.com 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.

Kakaku.com's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1816.00/192.68
=9.42

* 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.

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

For example, Kakaku.com'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)
=241.592/106.8000*106.8000
=241.592

Current CPI (Dec. 2023) = 106.8000.

Kakaku.com Quarterly Data

Book Value per Share CPI Adj_Book
201403 116.940 95.700 130.504
201406 90.625 98.000 98.763
201409 101.545 98.500 110.102
201412 117.817 97.900 128.528
201503 120.251 97.900 131.183
201506 119.511 98.400 129.713
201509 133.313 98.500 144.546
201512 134.909 98.100 146.873
201603 146.094 97.900 159.375
201606 134.906 98.100 146.870
201609 144.391 98.000 157.357
201612 148.170 98.400 160.819
201703 162.399 98.100 176.801
201706 149.763 98.500 162.383
201709 164.523 98.800 177.845
201712 139.511 99.400 149.897
201803 160.015 99.200 172.274
201806 162.216 99.200 174.644
201809 182.763 99.900 195.386
201812 171.980 99.700 184.227
201903 194.303 99.700 208.140
201906 196.690 99.800 210.486
201909 219.937 100.100 234.658
201912 203.122 100.500 215.855
202003 208.430 100.300 221.937
202006 195.637 99.900 209.149
202009 210.444 99.900 224.979
202012 213.135 99.300 229.233
202103 227.570 99.900 243.288
202106 220.722 99.500 236.916
202109 218.749 100.100 233.391
202112 214.754 100.100 229.128
202203 234.382 101.100 247.596
202206 234.965 101.800 246.506
202209 254.469 103.100 263.601
202212 223.951 104.100 229.760
202303 237.966 104.400 243.436
202306 236.519 105.200 240.116
202309 257.835 106.200 259.292
202312 241.592 106.800 241.592

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.


Kakaku.com  (TSE:2371) 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.


Kakaku.com Cyclically Adjusted PB Ratio Related Terms

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


Kakaku.com (TSE:2371) Business Description

Traded in Other Exchanges
Address
EBISU IMARK GATE, Daikanyama Digital Gate Building, 3-5-7, Ebisu minami, Shibuya-ku, Tokyo, JPN, 150-0022
Kakaku.com Inc. is a telecom company that provides a variety of Internet services. The majority of the company's revenue comes from its electronic commerce business through its flagship website, Kakaku.com. The company generates most of its revenue in Japan, through the sale of its advertising space. Kakaku also provides pricing, specifications, and reviews for various products and services that include appliances, food & beverages, cosmetics, Internet service providers, and computers. Kakaku also runs tabelog.com, which allows consumers to access restaurant rankings based on user reviews. The company also operates websites that focus on travel reviews, hotel discounts, and photo sharing.

Kakaku.com (TSE:2371) Headlines

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