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TAKMF (Takamatsu Construction Group Co) Cyclically Adjusted Book per Share : $23.68 (As of Dec. 2024)


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What is Takamatsu Construction Group 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.

Takamatsu Construction Group Co's adjusted book value per share for the three months ended in Dec. 2024 was $24.960. 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 $23.68 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Takamatsu Construction Group 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 Takamatsu Construction Group Co was 7.20% per year. The lowest was 4.80% per year. And the median was 5.90% per year.

As of today (2025-05-19), Takamatsu Construction Group Co's current stock price is $19.55. Takamatsu Construction Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $23.68. Takamatsu Construction Group Co's Cyclically Adjusted PB Ratio of today is 0.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Takamatsu Construction Group Co was 1.48. The lowest was 0.65. And the median was 0.88.


Takamatsu Construction Group Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Takamatsu Construction Group 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.

Takamatsu Construction Group Co Cyclically Adjusted Book per Share Chart

Takamatsu Construction Group Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
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Takamatsu Construction Group Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - 23.68 -

Competitive Comparison of Takamatsu Construction Group Co's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Takamatsu Construction Group 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.


Takamatsu Construction Group Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Takamatsu Construction Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Takamatsu Construction Group 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, Takamatsu Construction Group Co's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=24.96/110.7000*110.7000
=24.960

Current CPI (Dec. 2024) = 110.7000.

Takamatsu Construction Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201503 19.913 97.900 22.517
201506 19.411 98.400 21.837
201509 20.416 98.500 22.945
201512 20.497 98.100 23.130
201603 22.392 97.900 25.320
201606 23.945 98.100 27.021
201609 25.448 98.000 28.746
201612 22.750 98.400 25.594
201703 23.681 98.100 26.723
201706 24.157 98.500 27.149
201709 24.690 98.800 27.664
201712 24.606 99.400 27.403
201803 26.981 99.200 30.109
201806 25.810 99.200 28.802
201809 25.724 99.900 28.505
201812 25.773 99.700 28.617
201903 26.879 99.700 29.845
201906 27.384 99.800 30.375
201909 28.151 100.100 31.132
201912 28.426 100.500 31.311
202003 29.370 100.300 32.415
202006 29.238 99.900 32.399
202009 30.150 99.900 33.409
202012 31.225 99.300 34.810
202103 30.574 99.900 33.879
202106 30.137 99.500 33.529
202109 30.375 100.100 33.592
202112 29.817 100.100 32.974
202203 29.411 101.100 32.204
202206 25.776 101.800 28.030
202209 24.502 103.100 26.308
202212 26.545 104.100 28.228
202303 27.443 104.400 29.099
202306 25.633 105.200 26.973
202309 24.890 106.200 25.945
202312 25.746 106.800 26.686
202403 25.692 107.200 26.531
202406 24.109 108.200 24.666
202409 26.828 108.900 27.271
202412 24.960 110.700 24.960

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


Takamatsu Construction Group Co  (OTCPK:TAKMF) 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.

Takamatsu Construction Group Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=19.55/23.68
=0.83

* 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 Takamatsu Construction Group Co was 1.48. The lowest was 0.65. And the median was 0.88.


Be Aware

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


Takamatsu Construction Group Co Cyclically Adjusted Book per Share Related Terms

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


Takamatsu Construction Group Co Business Description

Traded in Other Exchanges
Address
1-2-3 Shinkitano, Yodogawa-ku, Osaka, JPN, 532-0025
Takamatsu Construction Group Co Ltd is a Japan-based company, engages in the construction business. It operates through the following business division Construction business, Civil Engineering business, and Real Estate business. The Construction division offers general construction, remodeling, and renovation of residential and commercial buildings, and warehouses. The Civil Engineering division deals with the construction, repair, and maintenance of bridges, highways, tunnels, roads, and sewage systems. The Real Estate division offers real estate development, sales, leasing, and management.

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