GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Teijin Ltd (OTCPK:TINLY) » Definitions » Cyclically Adjusted Book per Share

TINLY (Teijin) Cyclically Adjusted Book per Share : $14.08 (As of Dec. 2024)


View and export this data going back to . Start your Free Trial

What is Teijin 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.

Teijin's adjusted book value per share for the three months ended in Dec. 2024 was $15.516. 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 $14.08 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Teijin's average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.20% 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 Teijin was 6.20% per year. The lowest was 3.30% per year. And the median was 4.20% per year.

As of today (2025-05-05), Teijin's current stock price is $8.285. Teijin's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $14.08. Teijin's Cyclically Adjusted PB Ratio of today is 0.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Teijin was 1.63. The lowest was 0.51. And the median was 0.99.


Teijin Cyclically Adjusted Book per Share Historical Data

The historical data trend for Teijin'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.

Teijin Cyclically Adjusted Book per Share Chart

Teijin Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.56 16.44 15.29 14.90 13.48

Teijin Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 14.42 13.48 - 14.60 14.08

Competitive Comparison of Teijin's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Teijin'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.


Teijin's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Teijin's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

Teijin 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, Teijin'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)
=15.516/110.7000*110.7000
=15.516

Current CPI (Dec. 2024) = 110.7000.

Teijin Quarterly Data

Book Value per Share CPI Adj_Book
201503 12.166 97.900 13.757
201506 12.486 98.400 14.047
201509 12.835 98.500 14.425
201512 13.234 98.100 14.934
201603 13.552 97.900 15.324
201606 14.052 98.100 15.857
201609 15.270 98.000 17.249
201612 15.056 98.400 16.938
201703 15.272 98.100 17.234
201706 16.638 98.500 18.699
201709 17.622 98.800 19.744
201712 17.877 99.400 19.909
201803 18.771 99.200 20.947
201806 18.791 99.200 20.969
201809 19.455 99.900 21.558
201812 19.273 99.700 21.399
201903 19.308 99.700 21.438
201906 19.357 99.800 21.471
201909 19.598 100.100 21.673
201912 20.004 100.500 22.034
202003 19.111 100.300 21.093
202006 19.380 99.900 21.475
202009 20.583 99.900 22.808
202012 21.491 99.300 23.958
202103 19.506 99.900 21.615
202106 19.781 99.500 22.008
202109 20.189 100.100 22.327
202112 19.723 100.100 21.812
202203 19.331 101.100 21.167
202206 17.717 101.800 19.266
202209 16.645 103.100 17.872
202212 16.508 104.100 17.555
202303 16.559 104.400 17.558
202306 16.404 105.200 17.262
202309 15.694 106.200 16.359
202312 15.885 106.800 16.465
202403 15.758 107.200 16.272
202406 0.000 108.200 0.000
202409 12.772 108.900 12.983
202412 15.516 110.700 15.516

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


Teijin  (OTCPK:TINLY) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.285/14.08
=0.59

* 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 Teijin was 1.63. The lowest was 0.51. And the median was 0.99.


Be Aware

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


Teijin Cyclically Adjusted Book per Share Related Terms

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


Teijin Business Description

Industry
Traded in Other Exchanges
Address
6-7, Minami Hommachi 1-chome, Chuo-ku, Osaka, JPN, 541-8587
Teijin Ltd manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into four primary segments based on product type. The trading and retail segment, which generates more revenue than any other segment, sells fiber materials, which include polyester and rayon. The electronic materials and performance polymer products segment sells plastic resins and films used in copy machines, computer casings, and automotive components, including headlights and door handles. The healthcare segment sells pharmaceuticals to treat bone, joint, respiratory, and cardiovascular diseases. The advanced fibers and composites segment sells polyester fibers used in seat belts, aramid fibers used in bullet-resistant vests, and carbon fibers used in airplanes.

Teijin Headlines