TKHCF (Koei Tecmo Holdings Co) Cyclically Adjusted Book per Share: $ (As of Jun. 2026)

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TKHCF Koei Tecmo Holdings Co Ltd TKHCF
78 GF Score
Price $9.95
GF Value $14.17
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Koei Tecmo Holdings Co Cyclically Adjusted Book per Share?

Koei Tecmo Holdings Co TKHCF 78 Cyclically Adjusted Book per Share is $ as of Jun. 2026. GuruFocus rates TKHCF with a GF Score™ of 78/100 and a GF Value™ of $14.17 (Significantly Undervalued). The stock has 3 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.

Koei Tecmo Holdings Co's adjusted book value per share for the three months ended in Jun. 2026 was $5.156. 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 $ for the trailing ten years ended in Jun. 2026.

During the past 12 months, Koei Tecmo Holdings Co's average Cyclically Adjusted Book Growth Rate was 1.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.50% 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 Koei Tecmo Holdings Co was 8.30% per year. The lowest was 3.90% per year. And the median was 7.05% per year.

As of today (2026-09-20), Koei Tecmo Holdings Co's current stock price is $9.95. Koei Tecmo Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $. Koei Tecmo Holdings Co's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Koei Tecmo Holdings Co was 8.44. The lowest was 2.03. And the median was 4.11.


Koei Tecmo Holdings Co  (OTCPK:TKHCF) 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 Koei Tecmo Holdings Co was 8.44. The lowest was 2.03. And the median was 4.11.


Be Aware

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


Koei Tecmo Holdings Co Cyclically Adjusted Book per Share Related Terms


Koei Tecmo Holdings Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Koei Tecmo 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.

Koei Tecmo Holdings Co Cyclically Adjusted Book per Share Chart

Koei Tecmo Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
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Koei Tecmo Holdings Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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TKHCF vs NTES, TTWO, RBLX: Cyclically Adjusted Book per Share Comparison

For the Electronic Gaming & Multimedia subindustry, Koei Tecmo 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.


Koei Tecmo Holdings Co Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Koei Tecmo Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TKHCF
78GF Score
Koei Tecmo Holdings Co Ltd TKHCF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Koei Tecmo 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, Koei Tecmo Holdings Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=5.156/113.6000*113.6000
=5.156

Current CPI (Jun. 2026) = 113.6000.

Koei Tecmo Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.814 98.000 3.262
201612 2.644 98.400 3.052
201703 2.904 98.100 3.363
201706 2.822 98.500 3.255
201709 2.939 98.800 3.379
201712 3.085 99.400 3.526
201803 3.311 99.200 3.792
201806 3.078 99.200 3.525
201809 3.123 99.900 3.551
201812 3.038 99.700 3.462
201903 3.279 99.700 3.736
201906 3.230 99.800 3.677
201909 8.624 100.100 9.787
201912 3.543 100.500 4.005
202003 3.432 100.300 3.887
202006 3.597 99.900 4.090
202009 3.939 99.900 4.479
202012 4.548 99.300 5.203
202103 4.498 99.900 5.115
202106 4.410 99.500 5.035
202109 4.444 100.100 5.043
202112 4.647 100.100 5.274
202203 3.612 101.100 4.059
202206 2.831 101.800 3.159
202209 2.762 103.100 3.043
202212 2.926 104.100 3.193
202303 3.399 104.400 3.699
202306 3.164 105.200 3.417
202309 3.198 106.200 3.421
202312 3.539 106.800 3.764
202403 3.673 107.200 3.892
202406 3.499 108.200 3.674
202409 3.799 108.900 3.963
202412 3.943 110.700 4.046
202503 4.010 111.100 4.100
202506 4.101 111.700 4.171
202509 5.041 112.000 5.113
202512 4.940 113.000 4.966
202603 5.128 112.700 5.169
202606 5.156 113.600 5.156

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 $ mean?
Koei Tecmo Holdings Co (TKHCF) has a Cyclically Adjusted Book per Share of $ as of Jun. 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 Koei Tecmo Holdings Co and its competitors.
Is Koei Tecmo Holdings Co's Cyclically Adjusted Book per Share too high?
Koei Tecmo Holdings Co's current Cyclically Adjusted Book per Share is $. Overall, Koei Tecmo Holdings Co has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Koei Tecmo Holdings Co's Cyclically Adjusted Book per Share compare to NTES and TTWO?
Koei Tecmo Holdings Co's Cyclically Adjusted Book per Share of $ can be compared against companies in the Interactive Media 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 Interactive Media company?
A good Cyclically Adjusted Book per Share depends on the Interactive Media 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 Koei Tecmo Holdings Co and its competitors. Koei Tecmo Holdings Co's current Cyclically Adjusted Book per Share is $. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koei Tecmo Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Koei Tecmo Holdings Co (TKHCF) is currently considered Significantly Undervalued. The stock's GF Value™ is $14.17, compared to a current price of $9.95 — trading 29.8% below its estimated fair value. The current Cyclically Adjusted Book per Share is $. Koei Tecmo Holdings Co's overall GF Score™ is 78/100 with 3 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 Koei Tecmo Holdings Co (TKHCF), the current Cyclically Adjusted Book per Share is $ as of Jun. 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 Koei Tecmo Holdings Co (TKHCF) Overvalued in 2026?

Based on GuruFocus' analysis, Koei Tecmo Holdings Co stock appears to be undervalued. The current stock price of $9.95 is trading 29.8% below its estimated GF Value™ of $14.17. GuruFocus considers Koei Tecmo Holdings Co to be Significantly Undervalued.

Key valuation signals for TKHCF:

  • Cyclically Adjusted Book per Share: $
  • GF Value™: $14.17 vs. price of $9.95 (29.8% below fair value)
  • GF Score™: 78/100 with 3 warning signs

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


Koei Tecmo Holdings Co Business Description

Other Exchanges 3635:Japan85T:Germany
Address 1-18-12 Minowa-cho, Kouhoku-ku, Yokohama, JPN, 223-8503
Koei Tecmo Holdings is a Japanese video game, amusement, and anime company created in 2009 by the merger of Koei and Tecmo, best known for their Nobunaga's Ambition, Romance of the Three Kingdoms, Nioh, and Atelier game franchises. The company also creates games based on third-party franchises, such as Nintendo's The Legend of Zelda and Fire Emblem, and Kodansha's Attack on Titan.
78GF Score

Get the complete analysis for TKHCF

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

$9.95
Price
$14.17
GF Value