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Takeuchi Mfg Co (TSE:6432) Cyclically Adjusted PB Ratio : 3.20 (As of Jun. 06, 2024)


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What is Takeuchi Mfg Co Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Takeuchi Mfg Co's current share price is 円5720.00. 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 for today is 3.20.

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

TSE:6432' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.14   Med: 2.19   Max: 3.74
Current: 3.41

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

TSE:6432's Cyclically Adjusted PB Ratio is ranked worse than
83.53% of 170 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.69 vs TSE:6432: 3.41

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Takeuchi Mfg Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Takeuchi Mfg 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.

Takeuchi Mfg Co Cyclically Adjusted PB Ratio Chart

Takeuchi Mfg Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.61 2.35 1.96 1.90 2.95

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 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 1.90 2.36 2.80 2.50 2.95

Competitive Comparison of Takeuchi Mfg Co's Cyclically Adjusted PB Ratio

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 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5720.00/1785.59
=3.20

* 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.

Takeuchi Mfg Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

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.

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.


Takeuchi Mfg Co  (TSE:6432) 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.


Takeuchi Mfg Co Cyclically Adjusted PB Ratio Related Terms

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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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