T.O. Holdings Co (SSE:9812) Cyclically Adjusted Book per Share: 円0.00 (As of Feb. 2026)

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SSE:9812 T.O. Holdings Co Ltd SSE:9812
46 GF Score
Price 円228.00
GF Value 円292.04
Valuation Modestly Undervalued
! 4 Warning Signs
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What is T.O. Holdings Co Cyclically Adjusted Book per Share?

T.O. Holdings Co SSE:9812 46 Cyclically Adjusted Book per Share is 円0.00 as of Feb. 2026. GuruFocus rates SSE:9812 with a GF Score™ of 46/100 and a GF Value™ of 円292.04 (Modestly Undervalued). The stock has 4 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.

T.O. Holdings Co's adjusted book value per share for the three months ended in Feb. 2026 was 円36.141. 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 円0.00 for the trailing ten years ended in Feb. 2026.

During the past 12 months, T.O. Holdings 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 T.O. Holdings Co was -9.20% per year. The lowest was -10.60% per year. And the median was -10.05% per year.

As of today (2026-07-17), T.O. Holdings Co's current stock price is 円228.00. T.O. Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was 円0.00. T.O. Holdings Co's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of T.O. Holdings Co was 1.41. The lowest was 0.33. And the median was 0.79.


T.O. Holdings Co  (SSE:9812) 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 T.O. Holdings Co was 1.41. The lowest was 0.33. And the median was 0.79.


Be Aware

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


T.O. Holdings Co Cyclically Adjusted Book per Share Related Terms


T.O. Holdings Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for T.O. Holdings 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.

T.O. Holdings Co Cyclically Adjusted Book per Share Chart

T.O. Holdings Co Annual Data
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Cyclically Adjusted Book per Share
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T.O. Holdings Co Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Aug25 Nov25 Feb26 May26
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SSE:9812 vs : Cyclically Adjusted Book per Share Comparison

For the Building Materials subindustry, T.O. Holdings 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.


T.O. Holdings Co Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, T.O. Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where T.O. Holdings Co's Cyclically Adjusted PB Ratio falls into.


SSE:9812
46GF Score
T.O. Holdings Co Ltd SSE:9812
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

T.O. Holdings 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, T.O. Holdings Co's adjusted Book Value per Share data for the three months ended in Feb. 2026 was:

Adj_Book= Book Value per Share /CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=36.141/326.7850*326.7850
=36.141

Current CPI (Feb. 2026) = 326.7850.

T.O. Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201511 660.465 237.336 909.386
201602 618.087 237.111 851.844
201605 588.279 240.229 800.240
201608 619.419 240.849 840.430
201611 641.645 241.353 868.769
201702 627.108 243.603 841.244
201705 537.596 244.733 717.837
201708 526.446 245.519 700.698
201711 504.850 246.669 668.821
201802 476.696 248.991 625.633
201805 343.699 251.588 446.427
201808 337.574 252.146 437.501
201811 373.002 252.038 483.623
201902 345.347 252.776 446.459
201905 272.482 256.092 347.699
201908 249.328 256.558 317.576
201911 268.540 257.208 341.182
202002 212.097 258.678 267.940
202005 14.765 256.394 18.819
202008 30.343 259.918 38.149
202011 16.058 260.229 20.165
202102 -7.369 263.014 -9.156
202105 45.439 269.195 55.160
202108 105.735 273.567 126.304
202111 113.994 277.948 134.023
202202 108.636 283.716 125.127
202205 142.493 292.296 159.306
202208 140.420 296.171 154.935
202211 149.029 297.711 163.583
202302 131.126 300.840 142.435
202305 51.472 304.127 55.307
202308 76.655 307.026 81.588
202311 37.631 307.051 40.050
202402 44.617 310.326 46.983
202405 70.739 314.069 73.603
202411 80.848 315.493 83.742
202505 72.011 321.465 73.203
202508 66.036 323.976 66.609
202511 63.707 324.122 64.230
202602 36.141 326.785 36.141

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 円0.00 mean?
T.O. Holdings Co (SSE:9812) has a Cyclically Adjusted Book per Share of 円0.00 as of Feb. 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 T.O. Holdings Co and its competitors.
Is T.O. Holdings Co's Cyclically Adjusted Book per Share too high?
T.O. Holdings Co's current Cyclically Adjusted Book per Share is 円0.00. Overall, T.O. Holdings Co has a GF Score™ of 46/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does T.O. Holdings Co's Cyclically Adjusted Book per Share compare to ?
T.O. Holdings Co's Cyclically Adjusted Book per Share of 円0.00 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 T.O. Holdings Co and its competitors. T.O. Holdings Co's current Cyclically Adjusted Book per Share is 円0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T.O. Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, T.O. Holdings Co (SSE:9812) is currently considered Modestly Undervalued. The stock's GF Value™ is 円292.04, compared to a current price of 円228.00 — trading 21.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is 円0.00. T.O. Holdings Co's overall GF Score™ is 46/100 with 4 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 T.O. Holdings Co (SSE:9812), the current Cyclically Adjusted Book per Share is 円0.00 as of Feb. 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 T.O. Holdings Co (SSE:9812) Overvalued in 2026?

Based on GuruFocus' analysis, T.O. Holdings Co stock appears to be undervalued. The current stock price of 円228.00 is trading 21.9% below its estimated GF Value™ of 円292.04. GuruFocus considers T.O. Holdings Co to be Modestly Undervalued.

Key valuation signals for SSE:9812:

  • Cyclically Adjusted Book per Share: 円0.00
  • GF Value™: 円292.04 vs. price of 円228.00 (21.9% below fair value)
  • GF Score™: 46/100 with 4 warning signs

No single metric tells the full story. See the SSE:9812 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


T.O. Holdings Co Business Description

Comparable Companies
Other Exchanges 9812:Japan
Address 3 - chome 18-15, Hokkaido Minato-cho, Hakodate, JPN, 041-8610
T.O. Holdings Co Ltd is engaged in the sale of timbers, clothing, wood materials, furniture and electrical appliances. Its segments include Lumber, Distribution, Housing, Construction, Real Estate Leasing, Automobile and Services.
46GF Score

Get the complete analysis for SSE:9812

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

円228.00
Price
円292.04
GF Value