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Toyo Tanso Co (TSE:5310) Cyclically Adjusted PB Ratio : 2.15 (As of May. 20, 2024)


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What is Toyo Tanso Co Cyclically Adjusted PB Ratio?

As of today (2024-05-20), Toyo Tanso Co's current share price is 円7200.00. Toyo Tanso Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円3,355.90. Toyo Tanso Co's Cyclically Adjusted PB Ratio for today is 2.15.

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

TSE:5310' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.99   Max: 2.51
Current: 2.15

During the past years, Toyo Tanso Co's highest Cyclically Adjusted PB Ratio was 2.51. The lowest was 0.44. And the median was 0.99.

TSE:5310's Cyclically Adjusted PB Ratio is ranked worse than
57.14% of 2060 companies
in the Industrial Products industry
Industry Median: 1.85 vs TSE:5310: 2.15

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.

Toyo Tanso Co's adjusted book value per share data for the three months ended in Mar. 2024 was 円4,080.172. 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3,355.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toyo Tanso Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Toyo Tanso 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.

Toyo Tanso Co Cyclically Adjusted PB Ratio Chart

Toyo Tanso Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.71 1.09 1.20 1.44

Toyo Tanso Co 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 1.29 1.59 1.66 1.44 2.48

Competitive Comparison of Toyo Tanso Co's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Toyo Tanso 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.


Toyo Tanso Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Toyo Tanso Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Toyo Tanso 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7200.00/3355.9
=2.15

* 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.

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

For example, Toyo Tanso Co'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)
=4080.172/107.2000*107.2000
=4,080.172

Current CPI (Mar. 2024) = 107.2000.

Toyo Tanso Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2,723.689 98.000 2,979.382
201409 2,797.477 98.500 3,044.564
201412 2,854.271 97.900 3,125.412
201503 2,824.050 97.900 3,092.320
201506 2,860.161 98.400 3,115.948
201509 2,837.957 98.500 3,088.619
201512 2,808.547 98.100 3,069.075
201603 2,760.171 97.900 3,022.373
201606 2,691.441 98.100 2,941.106
201609 2,678.564 98.000 2,930.021
201612 2,745.798 98.400 2,991.357
201703 2,727.856 98.100 2,980.899
201706 2,759.192 98.500 3,002.897
201709 2,823.549 98.800 3,063.608
201712 2,887.574 99.400 3,114.164
201803 2,916.523 99.200 3,151.726
201806 2,966.089 99.200 3,205.290
201809 3,024.162 99.900 3,245.147
201812 3,019.435 99.700 3,246.574
201903 3,048.615 99.700 3,277.949
201906 3,059.773 99.800 3,286.650
201909 3,076.127 100.100 3,294.314
201912 3,096.916 100.500 3,303.377
202003 3,056.054 100.300 3,266.291
202006 3,097.870 99.900 3,324.241
202009 3,140.353 99.900 3,369.828
202012 3,174.412 99.300 3,426.958
202103 3,204.976 99.900 3,439.173
202106 3,271.348 99.500 3,524.508
202109 3,345.015 100.100 3,582.274
202112 3,442.730 100.100 3,686.920
202203 3,495.847 101.100 3,706.773
202206 3,621.725 101.800 3,813.840
202209 3,698.302 103.100 3,845.373
202212 3,678.436 104.100 3,787.976
202303 3,717.296 104.400 3,816.994
202306 3,865.872 105.200 3,939.368
202309 3,972.440 106.200 4,009.845
202312 4,027.627 106.800 4,042.712
202403 4,080.172 107.200 4,080.172

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.


Toyo Tanso Co  (TSE:5310) 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.


Toyo Tanso Co Cyclically Adjusted PB Ratio Related Terms

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Toyo Tanso Co (TSE:5310) Business Description

Traded in Other Exchanges
Address
Nishiyodogawa ku Takeshima 5-7-12, Osaka, JPN, 555-0011
Toyo Tanso Co Ltd is a Japanese corporation engaged in the manufacture of electronic materials such as special graphite and other carbon products which are employed in processes like single crystal silicon pulling furnaces, heaters, and metal-organic chemical vapor deposition devices. Its portfolio of carbon products includes bearings for pumps and compressors, sealing materials, pantograph sliders, automobile parts, carbon brushes and motor brushes. Toyo attends to various industries ranging from the living space to advanced aerospace and medical fields such as aerospace and medical care, especially solar cells, nuclear power and other environmental and energy fields.

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