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Toyoda Gosei Co (FRA:11T) Cyclically Adjusted Book per Share : €18.58 (As of Mar. 2024)


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What is Toyoda Gosei 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.

Toyoda Gosei Co's adjusted book value per share for the three months ended in Mar. 2024 was €25.251. 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 €18.58 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Toyoda Gosei Co's average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.70% 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 Toyoda Gosei Co was 8.10% per year. The lowest was 4.50% per year. And the median was 6.00% per year.

As of today (2024-06-05), Toyoda Gosei Co's current stock price is €17.40. Toyoda Gosei Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €18.58. Toyoda Gosei Co's Cyclically Adjusted PB Ratio of today is 0.94.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Toyoda Gosei Co was 1.45. The lowest was 0.70. And the median was 1.02.


Toyoda Gosei Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Toyoda Gosei 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.

Toyoda Gosei Co Cyclically Adjusted Book per Share Chart

Toyoda Gosei Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.17 18.22 19.07 18.96 18.58

Toyoda Gosei 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 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 18.96 17.88 18.30 18.70 18.58

Competitive Comparison of Toyoda Gosei Co's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, Toyoda Gosei 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.


Toyoda Gosei Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Toyoda Gosei Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Toyoda Gosei 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, Toyoda Gosei 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)
=25.251/107.2000*107.2000
=25.251

Current CPI (Mar. 2024) = 107.2000.

Toyoda Gosei Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 15.680 98.000 17.152
201409 16.391 98.500 17.839
201412 16.313 97.900 17.863
201503 18.604 97.900 20.371
201506 17.656 98.400 19.235
201509 18.021 98.500 19.613
201512 18.575 98.100 20.298
201603 18.669 97.900 20.442
201606 19.003 98.100 20.766
201609 20.006 98.000 21.884
201612 20.164 98.400 21.967
201703 20.934 98.100 22.876
201706 19.705 98.500 21.445
201709 19.204 98.800 20.837
201712 19.264 99.400 20.776
201803 20.117 99.200 21.739
201806 20.605 99.200 22.267
201809 20.383 99.900 21.872
201812 20.727 99.700 22.286
201903 21.785 99.700 23.424
201906 22.043 99.800 23.677
201909 23.250 100.100 24.899
201912 22.512 100.500 24.013
202003 22.409 100.300 23.951
202006 21.539 99.900 23.113
202009 21.341 99.900 22.900
202012 21.861 99.300 23.600
202103 23.347 99.900 25.053
202106 23.356 99.500 25.163
202109 23.890 100.100 25.584
202112 24.446 100.100 26.180
202203 25.363 101.100 26.893
202206 24.237 101.800 25.523
202209 24.707 103.100 25.690
202212 23.860 104.100 24.571
202303 24.198 104.400 24.847
202306 23.960 105.200 24.416
202309 24.272 106.200 24.501
202312 24.657 106.800 24.749
202403 25.251 107.200 25.251

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


Toyoda Gosei Co  (FRA:11T) 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.

Toyoda Gosei Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.40/18.58
=0.94

* 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 Toyoda Gosei Co was 1.45. The lowest was 0.70. And the median was 1.02.


Be Aware

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


Toyoda Gosei Co Cyclically Adjusted Book per Share Related Terms

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


Toyoda Gosei Co (FRA:11T) Business Description

Traded in Other Exchanges
Address
1 Haruhinagahata, Aichi, Kiyosu, JPN, 452-8564
Toyoda Gosei Co Ltd is a manufacturer of resins and rubber parts for automobiles. The company's products fall in three categories: automotive parts, LEDs, and general industry products. The automotive parts segment, making up the lion's share of Toyoda Gosei's generated revenue, produces weather strips, fuel tank and engine peripheral parts, chassis and drivetrain parts, interior and exterior parts, and safety systems such as airbags. In its other business segments, the company produces LEDs for crystal displays, LED light solutions and glass-encapsulated LEDs, air conditioning products, home construction components, and industrial and construction machinery parts.

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