THKLY (THK Co) Cyclically Adjusted Book per Share: $8.29 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

THKLY THK Co Ltd THKLY
62 GF Score
Price $22.50
GF Value $8.52
Valuation Significantly Overvalued
! 7 Warning Signs
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What is THK Co Cyclically Adjusted Book per Share?

THK Co THKLY -2.34% 62 Cyclically Adjusted Book per Share is $8.29 as of Mar. 2026. GuruFocus rates THKLY with a GF Score™ of 62/100 and a GF Value™ of $8.52 (Significantly Overvalued). The stock has 7 warning signs investors should review.

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.

THK Co's adjusted book value per share for the three months ended in Mar. 2026 was $7.108. 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 $8.29 for the trailing ten years ended in Mar. 2026.

During the past 12 months, THK Co's average Cyclically Adjusted Book Growth Rate was 2.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.80% 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 THK Co was 9.00% per year. The lowest was 4.70% per year. And the median was 6.80% per year.

As of today (2026-07-14), THK Co's current stock price is $22.50. THK Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $8.29. THK Co's Cyclically Adjusted PB Ratio of today is 2.71.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of THK Co was 2.93. The lowest was 0.99. And the median was 1.48.


THK Co  (OTCPK:THKLY) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=22.50/8.29
=2.71

* 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 THK Co was 2.93. The lowest was 0.99. And the median was 1.48.


Be Aware

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


THK Co Cyclically Adjusted Book per Share Related Terms


THK Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for THK 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.

THK Co Cyclically Adjusted Book per Share Chart

THK Co Annual Data
Trend Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.60 8.17 8.19 7.96 8.42

THK 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 8.69 9.03 8.83 8.42 8.29

THKLY vs GEV, ETN, PH: Cyclically Adjusted Book per Share Comparison

For the Specialty Industrial Machinery subindustry, THK 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.


THK Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, THK Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


THKLY
62GF Score
THK Co Ltd THKLY
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

THK 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, THK Co'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)
=7.108/112.7000*112.7000
=7.108

Current CPI (Mar. 2026) = 112.7000.

THK Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 8.934 98.100 10.264
201609 8.723 98.000 10.031
201612 7.649 98.400 8.761
201703 8.709 98.100 10.005
201706 9.061 98.500 10.367
201709 9.591 98.800 10.940
201712 9.233 99.400 10.468
201803 10.095 99.200 11.469
201806 10.064 99.200 11.434
201809 10.117 99.900 11.413
201812 9.796 99.700 11.073
201903 10.196 99.700 11.525
201906 10.445 99.800 11.795
201909 10.209 100.100 11.494
201912 10.151 100.500 11.383
202003 9.900 100.300 11.124
202006 9.961 99.900 11.237
202009 10.112 99.900 11.408
202012 10.143 99.300 11.512
202103 10.169 99.900 11.472
202106 10.314 99.500 11.682
202109 10.405 100.100 11.715
202112 10.730 100.100 12.081
202203 10.761 101.100 11.996
202206 10.327 101.800 11.433
202209 9.986 103.100 10.916
202212 10.034 104.100 10.863
202303 10.304 104.400 11.123
202306 10.417 105.200 11.160
202309 10.085 106.200 10.702
202312 10.120 106.800 10.679
202403 10.180 107.200 10.702
202406 10.252 108.200 10.678
202409 10.474 108.900 10.839
202412 10.263 110.700 10.448
202503 9.630 111.100 9.769
202506 9.980 111.700 10.069
202509 9.557 112.000 9.617
202512 7.481 113.000 7.461
202603 7.108 112.700 7.108

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 $8.29 mean?
THK Co (THKLY) has a Cyclically Adjusted Book per Share of $8.29 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 THK Co and its competitors.
Is THK Co's Cyclically Adjusted Book per Share too high?
THK Co's current Cyclically Adjusted Book per Share is $8.29. Overall, THK Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does THK Co's Cyclically Adjusted Book per Share compare to GEV and ETN?
THK Co's Cyclically Adjusted Book per Share of $8.29 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial Products 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 THK Co and its competitors. THK Co's current Cyclically Adjusted Book per Share is $8.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is THK Co stock overvalued right now?
Based on GuruFocus' analysis, THK Co (THKLY) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.52, compared to a current price of $22.50 — trading 164.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is $8.29. THK Co's overall GF Score™ is 62/100 with 7 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 THK Co (THKLY), the current Cyclically Adjusted Book per Share is $8.29 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 THK Co (THKLY) Overvalued in 2026?

Based on GuruFocus' analysis, THK Co stock appears to be overvalued. The current stock price of $22.50 is trading 164.1% above its estimated GF Value™ of $8.52. GuruFocus considers THK Co to be Significantly Overvalued.

Key valuation signals for THKLY:

  • Cyclically Adjusted Book per Share: $8.29
  • GF Value™: $8.52 vs. price of $22.50 (164.1% above fair value)
  • GF Score™: 62/100 with 7 warning signs

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


THK Co Business Description

Other Exchanges 6481:Japan1TK:Germany
Address 2-12-10 Shibaura, Minato-ku, Tokyo, JPN, 108-8506
THK Co Ltd is a Japan-based company that manufactures and sells mechanical components such as LM guides, ball screws, and transportation equipment components, including link balls and suspension ball joints. The company operates through five reportable segments based on regional manufacturing and sales systems: Japan, Americas, Europe, China, and Other. It generates the majority of its revenue from Japan.
62GF Score

Get the complete analysis for THKLY

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

$22.50
Price
$8.52
GF Value