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Tanaka Co (FRA:TDJ) Cyclically Adjusted Book per Share : €8.99 (As of Sep. 2024)


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What is Tanaka 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.

Tanaka Co's adjusted book value per share for the three months ended in Sep. 2024 was €11.166. 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 €8.99 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Tanaka Co's average Cyclically Adjusted Book Growth Rate was 8.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.50% 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 Tanaka Co was 6.90% per year. The lowest was 3.40% per year. And the median was 4.80% per year.

As of today (2025-05-27), Tanaka Co's current stock price is €4.02. Tanaka Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was €8.99. Tanaka Co's Cyclically Adjusted PB Ratio of today is 0.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tanaka Co was 0.73. The lowest was 0.42. And the median was 0.56.


Tanaka Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tanaka 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.

Tanaka Co Cyclically Adjusted Book per Share Chart

Tanaka 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 9.10 8.68 8.74 8.75 8.42

Tanaka Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 8.23 8.42 8.59 8.42 8.99

Competitive Comparison of Tanaka Co's Cyclically Adjusted Book per Share

For the Electronics & Computer Distribution subindustry, Tanaka 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.


Tanaka Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tanaka Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=11.166/108.9000*108.9000
=11.166

Current CPI (Sep. 2024) = 108.9000.

Tanaka Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 7.344 98.500 8.119
201412 7.023 97.900 7.812
201503 8.117 97.900 9.029
201506 7.586 98.400 8.395
201509 8.001 98.500 8.846
201512 8.310 98.100 9.225
201603 8.923 97.900 9.926
201606 9.450 98.100 10.490
201609 9.967 98.000 11.076
201612 9.480 98.400 10.492
201703 9.813 98.100 10.893
201706 9.453 98.500 10.451
201709 9.080 98.800 10.008
201712 9.124 99.400 9.996
201803 9.397 99.200 10.316
201806 9.559 99.200 10.494
201809 9.576 99.900 10.439
201812 9.998 99.700 10.921
201903 10.319 99.700 11.271
201906 10.633 99.800 11.603
201909 11.294 100.100 12.287
201912 11.203 100.500 12.139
202003 11.419 100.300 12.398
202006 11.265 99.900 12.280
202009 11.039 99.900 12.034
202012 11.033 99.300 12.100
202103 10.946 99.900 11.932
202106 10.651 99.500 11.657
202109 11.335 100.100 12.331
202112 11.543 100.100 12.558
202203 11.577 101.100 12.470
202206 10.926 101.800 11.688
202209 11.034 103.100 11.655
202212 11.148 104.100 11.662
202303 11.186 104.400 11.668
202306 10.613 105.200 10.986
202309 10.469 106.200 10.735
202312 10.777 106.800 10.989
202403 10.841 107.200 11.013
202409 11.166 108.900 11.166

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


Tanaka Co  (FRA:TDJ) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.02/8.99
=0.45

* 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 Tanaka Co was 0.73. The lowest was 0.42. 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.


Tanaka Co Cyclically Adjusted Book per Share Related Terms

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


Tanaka Co Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Tanaka Co Ltd (FRA:TDJ) » Definitions » Cyclically Adjusted Book per Share
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Address
3 Chome-2-2 Minamioi, Shinagawa-ku, Tokyo, JPN, 140-0013
Tanaka Co Ltd is a general trading company of electric construction material. The company has five major product lines, namely lighting fixtures, electric wire, distribution board, household appliances, and other. The lighting fixtures include fluorescent lighting equipment for residential use, facility use, and industrial use; incandescent lighting equipment for factories, street lamps, and tunnels; Electric wire products include communication cable, insulation cable for electric distribution and various accessories; Household appliances include home appliances, residential equipment, office equipment, photovoltaic generators; Other products include measuring equipment, power tool, and security equipment.

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