Maeda Kosen Co (HAM:Z7K) Cyclically Adjusted Book per Share: €3.68 (As of Dec. 2025)


HAM:Z7K Maeda Kosen Co Ltd HAM:Z7K
78 GF Score
Price €10.00
GF Value €11.25
Valuation Modestly Undervalued
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What is Maeda Kosen Co Cyclically Adjusted Book per Share?

Maeda Kosen Co HAM:Z7K +2.04% 78 Cyclically Adjusted Book per Share is €3.68 as of Dec. 2025. GuruFocus rates HAM:Z7K with a GF Score™ of 78/100 and a GF Value™ of €11.25 (Modestly Undervalued).

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.

Maeda Kosen Co's adjusted book value per share for the three months ended in Dec. 2025 was €6.046. 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 €3.68 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Maeda Kosen Co's average Cyclically Adjusted Book Growth Rate was 13.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.20% 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 Maeda Kosen Co was 17.70% per year. The lowest was 14.70% per year. And the median was 16.20% per year.

As of today (2026-07-13), Maeda Kosen Co's current stock price is €10.00. Maeda Kosen Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was €3.68. Maeda Kosen Co's Cyclically Adjusted PB Ratio of today is 2.72.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Maeda Kosen Co was 5.13. The lowest was 2.24. And the median was 3.28.


Maeda Kosen Co  (HAM:Z7K) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.00/3.68
=2.72

* 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 Maeda Kosen Co was 5.13. The lowest was 2.24. And the median was 3.28.


Be Aware

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


Maeda Kosen Co Cyclically Adjusted Book per Share Related Terms


Maeda Kosen Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Maeda Kosen 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.

Maeda Kosen Co Cyclically Adjusted Book per Share Chart

Maeda Kosen Co Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Jun23 Jun24 Jun25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Maeda Kosen Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 3.68 0.00

HAM:Z7K vs CRH, VMC, MLM: Cyclically Adjusted Book per Share Comparison

For the Building Materials subindustry, Maeda Kosen 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.


Maeda Kosen Co Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Maeda Kosen Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


HAM:Z7K
78GF Score
Maeda Kosen Co Ltd HAM:Z7K
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maeda Kosen 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, Maeda Kosen Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book= Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=6.046/113.0000*113.0000
=6.046

Current CPI (Dec. 2025) = 113.0000.

Maeda Kosen Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 2.819 97.900 3.254
201606 3.061 98.100 3.526
201609 3.244 98.000 3.741
201612 3.088 98.400 3.546
201703 3.240 98.100 3.732
201706 3.213 98.500 3.686
201709 3.125 98.800 3.574
201712 3.164 99.400 3.597
201803 3.339 99.200 3.803
201806 3.481 99.200 3.965
201809 3.532 99.900 3.995
201812 3.750 99.700 4.250
201903 3.913 99.700 4.435
201906 3.845 99.800 4.354
201909 4.181 100.100 4.720
201912 4.185 100.500 4.706
202003 4.393 100.300 4.949
202006 4.335 99.900 4.903
202009 4.286 99.900 4.848
202012 4.289 99.300 4.881
202103 4.363 99.900 4.935
202106 4.352 99.500 4.942
202109 4.626 100.100 5.222
202112 4.775 100.100 5.390
202203 4.878 101.100 5.452
202206 4.662 101.800 5.175
202209 4.801 103.100 5.262
202212 4.855 104.100 5.270
202303 4.717 104.400 5.106
202306 4.670 105.200 5.016
202309 4.699 106.200 5.000
202312 4.855 106.800 5.137
202403 5.244 107.200 5.528
202406 5.411 108.200 5.651
202409 5.890 108.900 6.112
202412 6.076 110.700 6.202
202503 6.136 111.100 6.241
202506 6.124 111.700 6.195
202509 6.046 112.000 6.100
202512 6.046 113.000 6.046

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 €3.68 mean?
Maeda Kosen Co (HAM:Z7K) has a Cyclically Adjusted Book per Share of €3.68 as of Dec. 2025. 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 Maeda Kosen Co and its competitors.
Is Maeda Kosen Co's Cyclically Adjusted Book per Share too high?
Maeda Kosen Co's current Cyclically Adjusted Book per Share is €3.68. Overall, Maeda Kosen Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maeda Kosen Co's Cyclically Adjusted Book per Share compare to CRH and VMC?
Maeda Kosen Co's Cyclically Adjusted Book per Share of €3.68 can be compared against companies in the Building Materials 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 Building Materials company?
A good Cyclically Adjusted Book per Share depends on the Building Materials 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 Maeda Kosen Co and its competitors. Maeda Kosen Co's current Cyclically Adjusted Book per Share is €3.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maeda Kosen Co stock overvalued right now?
Based on GuruFocus' analysis, Maeda Kosen Co (HAM:Z7K) is currently considered Modestly Undervalued. The stock's GF Value™ is €11.25, compared to a current price of €10.00 — trading 11.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is €3.68. Maeda Kosen Co's overall GF Score™ is 78/100. 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 Maeda Kosen Co (HAM:Z7K), the current Cyclically Adjusted Book per Share is €3.68 as of Dec. 2025. 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 Maeda Kosen Co (HAM:Z7K) Overvalued in 2026?

Based on GuruFocus' analysis, Maeda Kosen Co stock appears to be undervalued. The current stock price of €10.00 is trading 11.1% below its estimated GF Value™ of €11.25. GuruFocus considers Maeda Kosen Co to be Modestly Undervalued.

Key valuation signals for HAM:Z7K:

  • Cyclically Adjusted Book per Share: €3.68
  • GF Value™: €11.25 vs. price of €10.00 (11.1% below fair value)
  • GF Score™: 78/100

No single metric tells the full story. See the HAM:Z7K stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maeda Kosen Co Business Description

Other Exchanges 7821:Japan
Address 38-3 Okinunome, Harue-cho, Sakai-shi, Fukui, JPN, 919-0422
Maeda Kosen Co Ltd is a Japan-based company engaged in the preparation and maintenance of infrastructure by manufacturing and selling civil engineering materials. In addition, the company also manufactures, process and sells industrial materials and nonwoven fabrics to utilize various types of fibers as their raw materials. It is involved in the businesses of Social infrastructure, Human infrastructure, and Industry infrastructure.
78GF Score

Get the complete analysis for HAM:Z7K

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

€10.00
Price
€11.25
GF Value