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TISCY (Taisei) Cyclically Adjusted Book per Share : $5.89 (As of Dec. 2024)


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What is Taisei 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.

Taisei's adjusted book value per share for the three months ended in Dec. 2024 was $8.094. 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 $5.89 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Taisei'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 Taisei was 13.00% per year. The lowest was 9.60% per year. And the median was 11.70% per year.

As of today (2025-05-17), Taisei's current stock price is $13.74. Taisei's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $5.89. Taisei's Cyclically Adjusted PB Ratio of today is 2.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Taisei was 3.81. The lowest was 1.28. And the median was 1.75.


Taisei Cyclically Adjusted Book per Share Historical Data

The historical data trend for Taisei'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.

Taisei Cyclically Adjusted Book per Share Chart

Taisei Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.55 5.53 6.19 5.87 -

Taisei 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 5.87 - 6.60 5.89 -

Competitive Comparison of Taisei's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Taisei'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.


Taisei's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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


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Taisei 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, Taisei'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)
=8.094/110.7000*110.7000
=8.094

Current CPI (Dec. 2024) = 110.7000.

Taisei Quarterly Data

Book Value per Share CPI Adj_Book
201503 4.346 97.900 4.914
201506 4.266 98.400 4.799
201509 4.365 98.500 4.906
201512 4.544 98.100 5.128
201603 4.900 97.900 5.541
201606 4.987 98.100 5.628
201609 5.404 98.000 6.104
201612 5.246 98.400 5.902
201703 5.497 98.100 6.203
201706 5.750 98.500 6.462
201709 5.917 98.800 6.630
201712 6.328 99.400 7.047
201803 7.013 99.200 7.826
201806 6.730 99.200 7.510
201809 6.776 99.900 7.509
201812 6.696 99.700 7.435
201903 7.429 99.700 8.249
201906 7.496 99.800 8.315
201909 7.935 100.100 8.775
201912 8.003 100.500 8.815
202003 8.243 100.300 9.098
202006 8.274 99.900 9.168
202009 8.579 99.900 9.506
202012 9.030 99.300 10.067
202103 9.395 99.900 10.411
202106 9.103 99.500 10.128
202109 9.358 100.100 10.349
202112 8.939 100.100 9.886
202203 9.141 101.100 10.009
202206 8.028 101.800 8.730
202209 7.642 103.100 8.205
202212 8.075 104.100 8.587
202303 8.233 104.400 8.730
202306 7.884 105.200 8.296
202309 7.760 106.200 8.089
202312 7.981 106.800 8.272
202403 8.415 107.200 8.690
202406 0.000 108.200 0.000
202409 8.758 108.900 8.903
202412 8.094 110.700 8.094

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


Taisei  (OTCPK:TISCY) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.74/5.89
=2.33

* 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 Taisei was 3.81. The lowest was 1.28. And the median was 1.75.


Be Aware

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


Taisei Cyclically Adjusted Book per Share Related Terms

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


Taisei Business Description

Industry
Traded in Other Exchanges
Address
Shinjuku Center Building, 1-25-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-0606
Taisei Corp provides civil engineering and building development services in many different areas. It enters contracts to develop and enhance urbanization in designated regions. The company has four operating segments: civil engineering (majority of total revenue), building construction, real estate development, and other. It participates in all phases of project development, including planning, design, construction, and aftermarket services. Multiple projects are conducted simultaneously as the company showcases its expansive network and technical know-how. Taisei's projects range from traffic infrastructure and tunnels to airport facilities and high-rise building offices. Customers in Japan account for majority of total sales.

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