GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Recruit Holdings Co Ltd (TSE:6098) » Definitions » Cyclically Adjusted PB Ratio

Recruit Holdings Co (TSE:6098) Cyclically Adjusted PB Ratio : 9.81 (As of Apr. 27, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Recruit Holdings Co Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Recruit Holdings Co's current share price is 円6641.00. Recruit Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円677.09. Recruit Holdings Co's Cyclically Adjusted PB Ratio for today is 9.81.

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

TSE:6098' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 8.59   Med: 9.19   Max: 9.96
Current: 9.03

During the past years, Recruit Holdings Co's highest Cyclically Adjusted PB Ratio was 9.96. The lowest was 8.59. And the median was 9.19.

TSE:6098's Cyclically Adjusted PB Ratio is ranked worse than
93.36% of 286 companies
in the Interactive Media industry
Industry Median: 1.555 vs TSE:6098: 9.03

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.

Recruit Holdings Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円1,253.921. 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677.09 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Recruit Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Recruit Holdings 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.

Recruit Holdings Co Cyclically Adjusted PB Ratio Chart

Recruit Holdings Co 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 - - - - -

Recruit Holdings Co 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 - - - - 8.81

Competitive Comparison of Recruit Holdings Co's Cyclically Adjusted PB Ratio

For the Internet Content & Information subindustry, Recruit Holdings 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.


Recruit Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Recruit Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Recruit Holdings 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6641.00/677.09
=9.81

* 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.

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

For example, Recruit Holdings Co'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)
=1253.921/106.8000*106.8000
=1,253.921

Current CPI (Dec. 2023) = 106.8000.

Recruit Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 350.831 95.700 391.523
201406 0.000 98.000 0.000
201409 327.826 98.500 355.450
201412 413.705 97.900 451.315
201503 443.210 97.900 483.502
201506 441.159 98.400 478.819
201509 450.527 98.500 488.490
201512 453.752 98.100 493.993
201603 391.778 97.900 427.394
201606 422.708 98.100 460.196
201609 405.005 98.000 441.373
201612 415.818 98.400 451.315
201703 441.508 98.100 480.663
201706 435.162 98.500 471.830
201709 480.486 98.800 519.392
201712 500.260 99.400 537.503
201803 500.198 99.200 538.520
201806 523.243 99.200 563.330
201809 559.525 99.900 598.171
201812 561.549 99.700 601.539
201903 578.038 99.700 619.202
201906 585.523 99.800 626.592
201909 611.009 100.100 651.906
201912 602.359 100.500 640.119
202003 599.645 100.300 638.505
202006 602.066 99.900 643.650
202009 634.607 99.900 678.439
202012 644.641 99.300 693.330
202103 667.954 99.900 714.089
202106 713.172 99.500 765.495
202109 769.880 100.100 821.410
202112 827.713 100.100 883.114
202203 847.450 101.100 895.229
202206 967.899 101.800 1,015.438
202209 1,069.100 103.100 1,107.467
202212 980.866 104.100 1,006.306
202303 1,030.327 104.400 1,054.013
202306 1,176.110 105.200 1,193.998
202309 1,262.771 106.200 1,269.905
202312 1,253.921 106.800 1,253.921

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.


Recruit Holdings Co  (TSE:6098) 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.


Recruit Holdings Co Cyclically Adjusted PB Ratio Related Terms

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


Recruit Holdings Co (TSE:6098) Business Description

Traded in Other Exchanges
Address
1-9-2 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6640
Recruit Holdings Co Ltd provides HR technology and business solutions that expand economic and personal opportunities for people everywhere. With key subsidiaries including Indeed, Glassdoor, and its worldwide staffing business, Recruit aims to simplify hiring through a two-sided talent marketplace that drives meaningful connections between job seekers and employers. The firm also operates a media and solutions business within Japan focused on helping businesses work smarter through online advertising services, job platforms and cloud-based SaaS solutions. With a presence in more than 60 countries, Recruit is committed to transformative sustainability practices that leverage its strength in employment to drive positive impact on society and the planet.

Recruit Holdings Co (TSE:6098) Headlines

No Headlines