Tokio Marine Holdings (MEX:8766N) Cyclically Adjusted Book per Share: MXN0.00 (As of Mar. 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.

MEX:8766N Tokio Marine Holdings Inc MEX:8766N
47 GF Score
Price MXN806.49
GF Value MXN642.78
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Tokio Marine Holdings Cyclically Adjusted Book per Share?

Tokio Marine Holdings MEX:8766N 47 Cyclically Adjusted Book per Share is MXN0.00 as of Mar. 2026. GuruFocus rates MEX:8766N with a GF Score™ of 47/100 and a GF Value™ of MXN642.78 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Tokio Marine Holdings's adjusted book value per share for the three months ended in Mar. 2026 was MXN481.268. 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 MXN0.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Tokio Marine Holdings's average Cyclically Adjusted Book Growth Rate was 7.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.70% 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 Tokio Marine Holdings was 10.10% per year. The lowest was 5.80% per year. And the median was 7.90% per year.

As of today (2026-08-08), Tokio Marine Holdings's current stock price is MXN806.49. Tokio Marine Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN0.00. Tokio Marine Holdings's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tokio Marine Holdings was 3.63. The lowest was 1.09. And the median was 1.50.


Tokio Marine Holdings  (MEX:8766N) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tokio Marine Holdings was 3.63. The lowest was 1.09. And the median was 1.50.


Be Aware

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


Tokio Marine Holdings Cyclically Adjusted Book per Share Related Terms


Tokio Marine Holdings Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Tokio Marine Holdings'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.

Tokio Marine Holdings Cyclically Adjusted Book per Share Chart

Tokio Marine Holdings 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 0.00 0.00 0.00 0.00 0.00

Tokio Marine Holdings 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 0.00 0.00

MEX:8766N vs CB, PGR, TRV: Cyclically Adjusted Book per Share Comparison

For the Insurance - Property & Casualty subindustry, Tokio Marine Holdings'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.


Tokio Marine Holdings Cyclically Adjusted PB Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Tokio Marine Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:8766N
47GF Score
Tokio Marine Holdings Inc MEX:8766N
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokio Marine Holdings 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, Tokio Marine Holdings'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)
=481.268/112.7000*112.7000
=481.268

Current CPI (Mar. 2026) = 112.7000.

Tokio Marine Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 263.760 98.100 303.015
201609 278.546 98.000 320.328
201612 265.133 98.400 303.664
201703 262.645 98.100 301.734
201706 259.055 98.500 296.401
201709 268.471 98.800 306.242
201712 304.506 99.400 345.250
201803 299.743 99.200 340.535
201806 302.423 99.200 343.579
201809 285.087 99.900 321.615
201812 283.074 99.700 319.984
201903 294.500 99.700 332.900
201906 307.172 99.800 346.877
201909 318.132 100.100 358.177
201912 308.833 100.500 346.323
202003 351.043 100.300 394.442
202006 342.058 99.900 385.885
202009 344.991 99.900 389.194
202012 325.162 99.300 369.041
202103 331.505 99.900 373.980
202106 339.383 99.500 384.407
202109 370.515 100.100 417.153
202112 353.363 100.100 397.842
202203 332.031 101.100 370.128
202206 282.799 101.800 313.079
202209 257.782 103.100 281.785
202212 268.806 104.100 291.013
202303 242.756 104.400 262.056
202306 243.042 105.200 260.369
202309 256.504 106.200 272.203
202312 264.348 106.800 278.951
202403 421.797 107.200 443.438
202406 308.321 108.200 321.144
202409 378.614 108.900 391.826
202412 346.582 110.700 352.844
202503 505.721 111.100 513.004
202506 336.274 111.700 339.285
202509 327.117 112.000 329.161
202512 323.350 113.000 322.492
202603 481.268 112.700 481.268

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 MXN0.00 mean?
Tokio Marine Holdings (MEX:8766N) has a Cyclically Adjusted Book per Share of MXN0.00 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 Tokio Marine Holdings and its competitors.
Is Tokio Marine Holdings' Cyclically Adjusted Book per Share too high?
Tokio Marine Holdings' current Cyclically Adjusted Book per Share is MXN0.00. Overall, Tokio Marine Holdings has a GF Score™ of 47/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokio Marine Holdings' Cyclically Adjusted Book per Share compare to CB and PGR?
Tokio Marine Holdings' Cyclically Adjusted Book per Share of MXN0.00 can be compared against companies in the Insurance 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 an Insurance company?
A good Cyclically Adjusted Book per Share depends on the Insurance 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 Tokio Marine Holdings and its competitors. Tokio Marine Holdings's current Cyclically Adjusted Book per Share is MXN0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokio Marine Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tokio Marine Holdings (MEX:8766N) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN642.78, compared to a current price of MXN806.49 — trading 25.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN0.00. Tokio Marine Holdings' overall GF Score™ is 47/100 with 5 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 Tokio Marine Holdings (MEX:8766N), the current Cyclically Adjusted Book per Share is MXN0.00 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 Tokio Marine Holdings (MEX:8766N) Overvalued in 2026?

Based on GuruFocus' analysis, Tokio Marine Holdings stock appears to be overvalued. The current stock price of MXN806.49 is trading 25.5% above its estimated GF Value™ of MXN642.78. GuruFocus considers Tokio Marine Holdings to be Modestly Overvalued.

Key valuation signals for MEX:8766N:

  • Cyclically Adjusted Book per Share: MXN0.00
  • GF Value™: MXN642.78 vs. price of MXN806.49 (25.5% above fair value)
  • GF Score™: 47/100 with 5 warning signs

No single metric tells the full story. See the MEX:8766N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokio Marine Holdings Business Description

Address 2-6-4 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004
Dating back to 1879, Tokio Marine is the oldest insurance company in Japan and operated as its top property and casualty insurer for decades. Following industry consolidation, it now shares domestic dominance with MS and AD and Sompo. However, Tokio Marine remains by far the most valuable listed Japanese insurer by market capitalization. This premium valuation is driven by an aggressive unwinding of domestic cross-shareholdings and a highly profitable overseas portfolio. The majority of its international business is based in the United States, where it has acquired premium specialty insurers since 2008, including Philadelphia Consolidated, Delphi Financial, Tokio Marine HCC, and Privilege Underwriters Reciprocal Exchange, recently fortified by a capital alliance with Berkshire Hathaway.
47GF Score

Get the complete analysis for MEX:8766N

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

MXN806.49
Price
MXN642.78
GF Value