Bridgestone (FRA:BGTA) Cyclically Adjusted Book per Share: €5.76 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:BGTA Bridgestone Corp FRA:BGTA
74 GF Score
Price €10.70
GF Value €7.27
! 4 Warning Signs
View Full Analysis

What is Bridgestone Cyclically Adjusted Book per Share?

Bridgestone FRA:BGTA +1.90% 74 Cyclically Adjusted Book per Share is €5.76 as of Jun. 2026. GuruFocus rates FRA:BGTA with a GF Score™ of 74/100 and a GF Value™ of €7.27. The stock has 4 warning signs investors should review.

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.

Bridgestone's adjusted book value per share for the three months ended in Jun. 2026 was €8.167. 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 €5.76 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Bridgestone's average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.50% 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 Bridgestone was 11.40% per year. The lowest was 7.80% per year. And the median was 9.70% per year.

As of today (2026-08-21), Bridgestone's current stock price is €10.70. Bridgestone's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €5.76. Bridgestone's Cyclically Adjusted PB Ratio of today is 1.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bridgestone was 2.73. The lowest was 1.21. And the median was 1.73.


Bridgestone  (FRA:BGTA) 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.

Bridgestone's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.70/5.76
=1.86

* 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 Bridgestone was 2.73. The lowest was 1.21. And the median was 1.73.


Be Aware

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


Bridgestone Cyclically Adjusted Book per Share Related Terms


Bridgestone Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Bridgestone'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.

Bridgestone Cyclically Adjusted Book per Share Chart

Bridgestone Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.35 5.58 5.55 5.71 5.83

Bridgestone Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.91 5.81 5.83 5.73 5.76

FRA:BGTA vs ORLY, AZO, GPC: Cyclically Adjusted Book per Share Comparison

For the Auto Parts subindustry, Bridgestone'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.


Bridgestone Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

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


FRA:BGTA
74GF Score
Bridgestone Corp FRA:BGTA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bridgestone 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, Bridgestone's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=8.167/113.6000*113.6000
=8.167

Current CPI (Jun. 2026) = 113.6000.

Bridgestone Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.674 98.000 6.577
201612 5.965 98.400 6.886
201703 5.928 98.100 6.865
201706 5.988 98.500 6.906
201709 5.729 98.800 6.587
201712 5.837 99.400 6.671
201803 6.183 99.200 7.081
201806 6.470 99.200 7.409
201809 6.595 99.900 7.499
201812 6.356 99.700 7.242
201903 6.287 99.700 7.164
201906 6.427 99.800 7.316
201909 6.587 100.100 7.475
201912 6.882 100.500 7.779
202003 7.101 100.300 8.043
202006 6.866 99.900 7.808
202009 6.530 99.900 7.426
202012 6.045 99.300 6.916
202103 6.866 99.900 7.808
202106 6.907 99.500 7.886
202109 7.114 100.100 8.073
202112 7.258 100.100 8.237
202203 7.458 101.100 8.380
202206 7.496 101.800 8.365
202209 7.781 103.100 8.573
202212 7.581 104.100 8.273
202303 7.723 104.400 8.404
202306 7.928 105.200 8.561
202309 7.862 106.200 8.410
202312 7.799 106.800 8.296
202403 7.927 107.200 8.400
202406 8.166 108.200 8.574
202409 8.002 108.900 8.347
202412 8.458 110.700 8.680
202503 8.131 111.100 8.314
202506 7.840 111.700 7.973
202509 7.691 112.000 7.801
202512 7.856 113.000 7.898
202603 7.943 112.700 8.006
202606 8.167 113.600 8.167

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

What does a Cyclically Adjusted Book per Share of €5.76 mean?
Bridgestone (FRA:BGTA) has a Cyclically Adjusted Book per Share of €5.76 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Bridgestone and its competitors.
Is Bridgestone's Cyclically Adjusted Book per Share too high?
Bridgestone's current Cyclically Adjusted Book per Share is €5.76. Overall, Bridgestone has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Bridgestone's Cyclically Adjusted Book per Share compare to ORLY and AZO?
Bridgestone's Cyclically Adjusted Book per Share of €5.76 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Vehicles & Parts company?
A good Cyclically Adjusted Book per Share depends on the Vehicles & Parts industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Bridgestone and its competitors. Bridgestone's current Cyclically Adjusted Book per Share is €5.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bridgestone stock overvalued right now?
Bridgestone (FRA:BGTA) has a current Cyclically Adjusted Book per Share of €5.76. The stock's GF Value™ is €7.27, compared to a current price of €10.70 — trading 47.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is €5.76. Bridgestone's overall GF Score™ is 74/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Bridgestone (FRA:BGTA), the current Cyclically Adjusted Book per Share is €5.76 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bridgestone (FRA:BGTA) Overvalued in 2026?

Based on GuruFocus' analysis, Bridgestone stock appears to be overvalued. The current stock price of €10.70 is trading 47.2% above its estimated GF Value™ of €7.27.

Key valuation signals for FRA:BGTA:

  • Cyclically Adjusted Book per Share: €5.76
  • GF Value™: €7.27 vs. price of €10.70 (47.2% above fair value)
  • GF Score™: 74/100 with 4 warning signs

No single metric tells the full story. See the FRA:BGTA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bridgestone Business Description

Address 1-1 Kyobashi 3-chome, Chuo-ku, Tokyo, JPN, 104-8340
Bridgestone Corp is engaged in developing, manufacturing, and marketing tires and diversified products. The company manufactures tires and tubes for passenger cars, trucks and buses, construction and mining vehicles, industrial machinery, agricultural machinery, aircraft, motorcycles and scooters, and others. Its tire operations include retread business, automotive maintenance and repairs, retail business, and raw material supplies, as well as tire development, manufacturing, and marketing. The company also provides diversified products that include industrial products, chemical products, automotive components, construction materials, electronic equipment, bicycles, and sporting goods.
74GF Score

Get the complete analysis for FRA:BGTA

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€10.70
Price
€7.27
GF Value