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Takeuchi Mfg Co (TSE:6432) Cyclically Adjusted Book per Share : 円1,785.59 (As of Feb. 2024)


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What is Takeuchi Mfg Co Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Takeuchi Mfg Co's adjusted book value per share for the three months ended in Feb. 2024 was 円3,096.959. 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1,785.59 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Takeuchi Mfg Co's average Cyclically Adjusted Book Growth Rate was 16.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Takeuchi Mfg Co was 15.90% per year. The lowest was 11.50% per year. And the median was 12.90% per year.

As of today (2024-06-06), Takeuchi Mfg Co's current stock price is 円5650.00. Takeuchi Mfg Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円1,785.59. Takeuchi Mfg Co's Cyclically Adjusted PB Ratio of today is 3.16.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Takeuchi Mfg Co was 3.74. The lowest was 1.14. And the median was 2.19.


Takeuchi Mfg Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Takeuchi Mfg Co's Cyclically Adjusted Book per Share 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.

Takeuchi Mfg Co Cyclically Adjusted Book per Share Chart

Takeuchi Mfg Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,028.14 1,145.57 1,307.02 1,531.89 1,785.59

Takeuchi Mfg 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 Book per Share 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 1,531.89 1,594.81 1,658.55 1,729.26 1,785.59

Competitive Comparison of Takeuchi Mfg Co's Cyclically Adjusted Book per Share

For the Farm & Heavy Construction Machinery subindustry, Takeuchi Mfg 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.


Takeuchi Mfg Co's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Takeuchi Mfg Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Takeuchi Mfg Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Takeuchi Mfg 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)
=3096.959/106.9000*106.9000
=3,096.959

Current CPI (Feb. 2024) = 106.9000.

Takeuchi Mfg Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 777.868 98.100 847.646
201408 814.031 98.300 885.248
201411 873.578 97.900 953.886
201502 940.775 97.600 1,030.419
201505 988.887 98.700 1,071.044
201508 1,059.066 98.400 1,150.550
201511 1,089.206 98.100 1,186.913
201602 1,123.439 97.800 1,227.972
201605 1,103.498 98.200 1,201.262
201608 1,131.297 97.900 1,235.298
201611 1,149.156 98.600 1,245.890
201702 1,259.840 98.100 1,372.853
201705 1,277.559 98.600 1,385.102
201708 1,342.587 98.500 1,457.082
201711 1,391.949 99.100 1,501.507
201802 1,428.095 99.500 1,534.305
201805 1,440.236 99.300 1,550.466
201808 1,524.616 99.800 1,633.081
201811 1,588.382 100.000 1,697.980
201902 1,618.062 99.700 1,734.913
201905 1,628.503 100.000 1,740.870
201908 1,670.119 100.000 1,785.357
201911 1,710.519 100.500 1,819.448
202002 1,754.826 100.300 1,870.298
202005 1,738.931 100.100 1,857.060
202008 1,794.041 100.100 1,915.914
202011 1,839.358 99.500 1,976.154
202102 1,885.388 99.800 2,019.519
202105 1,940.729 99.400 2,087.162
202108 2,032.433 99.700 2,179.209
202111 2,103.208 100.100 2,246.083
202202 2,182.649 100.700 2,317.033
202205 2,253.487 101.800 2,366.383
202208 2,415.672 102.700 2,514.463
202211 2,531.849 103.900 2,604.953
202302 2,551.047 104.000 2,622.182
202305 2,593.816 105.100 2,638.239
202308 2,834.762 105.900 2,861.530
202311 3,001.565 106.900 3,001.565
202402 3,096.959 106.900 3,096.959

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Takeuchi Mfg Co  (TSE:6432) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Takeuchi Mfg Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5650.00/1785.59
=3.16

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Takeuchi Mfg Co was 3.74. The lowest was 1.14. And the median was 2.19.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Takeuchi Mfg Co Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Takeuchi Mfg Co's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Takeuchi Mfg Co (TSE:6432) Business Description

Traded in Other Exchanges
N/A
Address
205, Uwadaira, Sakaki-machi, Hanishina-gun, Nagano, Nagano Prefecture, JPN, 389-0605
Takeuchi Mfg Co Ltd manufactures construction machinery, including wheel and electrical compact excavators, track loaders, carriers, and mixers. Additional revenue is generated by distributing agitators for wastewater treatment facilities and manufacturers of chemicals, food, and other products. The company sells machinery to rental companies and dealers, distributors, and through trading companies to overseas distributors. Operating segments are reported by region: Japan, United States, United Kingdom, France, and China. Takeuchi's global sales network helps gain user feedback and discover areas to enhance support for customers. The majority of sales to external customers derive from Japan and the United States.

Takeuchi Mfg Co (TSE:6432) Headlines

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