Terumo (MEX:4543N) Cyclically Adjusted Book per Share: MXN73.65 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

MEX:4543N Terumo Corp MEX:4543N
86 GF Score
Price MXN261.28
GF Value MXN349.37
View Full Analysis

What is Terumo Cyclically Adjusted Book per Share?

Terumo MEX:4543N 86 Cyclically Adjusted Book per Share is MXN73.65 as of Mar. 2026. GuruFocus rates MEX:4543N with a GF Score™ of 86/100 and a GF Value™ of MXN349.37.

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.

Terumo's adjusted book value per share for the three months ended in Mar. 2026 was MXN122.070. 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 MXN73.65 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Terumo's average Cyclically Adjusted Book Growth Rate was 10.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.80% 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 Terumo was 13.60% per year. The lowest was 8.60% per year. And the median was 11.30% per year.

As of today (2026-08-09), Terumo's current stock price is MXN261.28. Terumo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN73.65. Terumo's Cyclically Adjusted PB Ratio of today is 3.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Terumo was 7.10. The lowest was 2.81. And the median was 4.76.


Terumo  (MEX:4543N) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=261.28/73.65
=3.55

* 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 Terumo was 7.10. The lowest was 2.81. And the median was 4.76.


Be Aware

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


Terumo Cyclically Adjusted Book per Share Related Terms


Terumo Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Terumo'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.

Terumo Cyclically Adjusted Book per Share Chart

Terumo Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.41 66.23 52.12 86.73 73.65

Terumo 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 86.73 85.15 94.59 104.99 73.65

MEX:4543N vs ISRG, BDX, MDLN: Cyclically Adjusted Book per Share Comparison

For the Medical Instruments & Supplies subindustry, Terumo'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.


Terumo Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Terumo's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:4543N
86GF Score
Terumo Corp MEX:4543N
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=122.07/112.7000*112.7000
=122.070

Current CPI (Mar. 2026) = 112.7000.

Terumo Quarterly Data

Book Value per Share CPI Adj_Book
201606 57.399 98.100 65.942
201609 62.537 98.000 71.918
201612 66.198 98.400 75.818
201703 58.203 98.100 66.865
201706 58.275 98.500 66.676
201709 61.414 98.800 70.054
201712 68.405 99.400 77.558
201803 66.637 99.200 75.706
201806 75.515 99.200 85.792
201809 79.958 99.900 90.203
201812 83.154 99.700 93.997
201903 81.994 99.700 92.685
201906 82.687 99.800 93.375
201909 88.796 100.100 99.973
201912 87.417 100.500 98.029
202003 109.257 100.300 122.764
202006 108.090 99.900 121.939
202009 106.984 99.900 120.692
202012 98.897 99.300 112.243
202103 106.543 99.900 120.194
202106 104.501 99.500 118.364
202109 111.590 100.100 125.636
202112 111.546 100.100 125.587
202203 112.374 101.100 125.268
202206 110.842 101.800 122.710
202209 109.143 103.100 119.306
202212 104.189 104.100 112.796
202303 100.610 104.400 108.609
202306 97.943 105.200 104.926
202309 99.750 106.200 105.855
202312 96.469 106.800 101.798
202403 99.012 107.200 104.092
202406 110.864 108.200 115.475
202409 121.898 108.900 126.152
202412 129.031 110.700 131.362
202503 127.348 111.100 129.182
202506 120.966 111.700 122.049
202509 120.905 112.000 121.661
202512 119.184 113.000 118.868
202603 122.070 112.700 122.070

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 MXN73.65 mean?
Terumo (MEX:4543N) has a Cyclically Adjusted Book per Share of MXN73.65 as of Mar. 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 Terumo and its competitors.
Is Terumo's Cyclically Adjusted Book per Share too high?
Terumo's current Cyclically Adjusted Book per Share is MXN73.65. Overall, Terumo has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Terumo's Cyclically Adjusted Book per Share compare to ISRG and BDX?
Terumo's Cyclically Adjusted Book per Share of MXN73.65 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Cyclically Adjusted Book per Share depends on the Medical Devices & Instruments 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 Terumo and its competitors. Terumo's current Cyclically Adjusted Book per Share is MXN73.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Terumo stock overvalued right now?
Terumo (MEX:4543N) has a current Cyclically Adjusted Book per Share of MXN73.65. The stock's GF Value™ is MXN349.37, compared to a current price of MXN261.28 — trading 25.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is MXN73.65. Terumo's overall GF Score™ is 86/100. 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 Terumo (MEX:4543N), the current Cyclically Adjusted Book per Share is MXN73.65 as of Mar. 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 Terumo (MEX:4543N) Overvalued in 2026?

Based on GuruFocus' analysis, Terumo stock appears to be undervalued. The current stock price of MXN261.28 is trading 25.2% below its estimated GF Value™ of MXN349.37.

Key valuation signals for MEX:4543N:

  • Cyclically Adjusted Book per Share: MXN73.65
  • GF Value™: MXN349.37 vs. price of MXN261.28 (25.2% below fair value)
  • GF Score™: 86/100

No single metric tells the full story. See the MEX:4543N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Terumo Business Description

Address 2-44-1 Hatagaya, Shibuya-ku, Tokyo, JPN, 151-0072
Started as a clinical thermometer producer in Japan in 1921, Terumo is a comprehensive medical device player with a diversified global revenue. Its product portfolio includes prefilled syringes, insulin patch pumps, neurovascular or cardiac vascular interventional devices, and blood processing systems. As of 2025, the cardiac and vascular business is the largest segment, contributing over 60% of its total revenue. Geographically, North America is the largest region, with 38% of Terumo's revenue.
86GF Score

Get the complete analysis for MEX:4543N

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

MXN261.28
Price
MXN349.37
GF Value