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Toho Zinc Co (FRA:T62) Cyclically Adjusted Book per Share : €20.67 (As of Dec. 2024)


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What is Toho Zinc 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.

Toho Zinc Co's adjusted book value per share for the three months ended in Dec. 2024 was €1.330. 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 €20.67 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Toho Zinc Co's average Cyclically Adjusted Book Growth Rate was -100.00% 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 Toho Zinc Co was 3.40% per year. The lowest was -2.90% per year. And the median was -1.90% per year.

As of today (2025-05-23), Toho Zinc Co's current stock price is €3.60. Toho Zinc Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €20.67. Toho Zinc Co's Cyclically Adjusted PB Ratio of today is 0.17.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Toho Zinc Co was 1.59. The lowest was 0.14. And the median was 0.56.


Toho Zinc Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Toho Zinc 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.

Toho Zinc Co Cyclically Adjusted Book per Share Chart

Toho Zinc Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.50 28.44 27.34 21.99 -

Toho Zinc Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 21.99 - 24.08 20.67 -

Competitive Comparison of Toho Zinc Co's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Toho Zinc 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.


Toho Zinc Co's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Toho Zinc Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Toho Zinc 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, Toho Zinc Co's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=1.33/110.7000*110.7000
=1.330

Current CPI (Dec. 2024) = 110.7000.

Toho Zinc Co Quarterly Data

Book Value per Share CPI Adj_Book
201503 36.474 97.900 41.243
201506 33.648 98.400 37.854
201509 33.245 98.500 37.363
201512 23.460 98.100 26.473
201603 25.873 97.900 29.256
201606 27.308 98.100 30.815
201609 28.203 98.000 31.858
201612 28.480 98.400 32.040
201703 31.695 98.100 35.766
201706 30.760 98.500 34.570
201709 31.161 98.800 34.914
201712 33.451 99.400 37.254
201803 35.130 99.200 39.203
201806 34.515 99.200 38.516
201809 32.339 99.900 35.835
201812 32.538 99.700 36.128
201903 32.542 99.700 36.132
201906 31.026 99.800 34.415
201909 28.785 100.100 31.833
201912 25.253 100.500 27.816
202003 22.475 100.300 24.805
202006 20.563 99.900 22.786
202009 21.437 99.900 23.755
202012 20.380 99.300 22.720
202103 23.596 99.900 26.147
202106 24.906 99.500 27.709
202109 26.415 100.100 29.212
202112 26.953 100.100 29.807
202203 25.918 101.100 28.379
202206 28.495 101.800 30.986
202209 29.102 103.100 31.247
202212 27.834 104.100 29.599
202303 25.995 104.400 27.564
202306 23.061 105.200 24.267
202309 11.234 106.200 11.710
202312 9.313 106.800 9.653
202403 1.292 107.200 1.334
202406 0.000 108.200 0.000
202409 3.128 108.900 3.180
202412 1.330 110.700 1.330

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


Toho Zinc Co  (FRA:T62) 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.

Toho Zinc Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.60/20.67
=0.17

* 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 Toho Zinc Co was 1.59. The lowest was 0.14. And the median was 0.56.


Be Aware

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


Toho Zinc Co Cyclically Adjusted Book per Share Related Terms

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


Toho Zinc Co Business Description

Industry
Traded in Other Exchanges
Address
1-8-2 Marunouchi, Tekko Building, Chiyoda-ku, Tokyo, JPN, 100-8207
Toho Zinc Co Ltd is engaged in smelting and refining of non-ferrous metals and supplier of zinc products. Its products portfolio consists of zinc powder, Cadmium Oxide, Sulfuric Acid, Electrolytic Zinc, and Zinc Alloys for Die Casting. The company's segments include Smelting, Mineral resources, Electronic components, and Environment and recycling. The majority of the company's revenue is derived from sale and production of zinc and lead products, electric silver and sulfuric acid. The company operates in Japan, Asia, and Oceania.

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