Chugai Ro Co (TSE:1964) Cyclically Adjusted Book per Share: 円3,422.53 (As of Mar. 2026)


TSE:1964 Chugai Ro Co Ltd TSE:1964
77 GF Score
Price 円4,060.00
GF Value 円4,017.71
Valuation Fairly Valued
! 3 Warning Signs
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What is Chugai Ro Co Cyclically Adjusted Book per Share?

Chugai Ro Co TSE:1964 -0.12% 77 Cyclically Adjusted Book per Share is 円3,422.53 as of Mar. 2026. GuruFocus rates TSE:1964 with a GF Score™ of 77/100 and a GF Value™ of 円4,017.71 (Fairly Valued). 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.

Chugai Ro Co's adjusted book value per share data for the fiscal year that ended in Mar. 2026 was 円4,311.040. 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 円3,422.53 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Chugai Ro Co's average Cyclically Adjusted Book Growth Rate was 6.00% 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. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.70% 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 Chugai Ro Co was 6.20% per year. The lowest was 0.60% per year. And the median was 1.70% per year.

As of today (2026-07-07), Chugai Ro Co's current stock price is 円 4060.00. Chugai Ro Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar. 2026 was 円3,422.53. Chugai Ro Co's Cyclically Adjusted PB Ratio of today is 1.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chugai Ro Co was 1.60. The lowest was 0.46. And the median was 0.79.


Chugai Ro Co  (TSE:1964) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4060.00/3422.53
=1.19

* 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 Chugai Ro Co was 1.60. The lowest was 0.46. And the median was 0.79.


Be Aware

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


Chugai Ro Co Cyclically Adjusted Book per Share Related Terms


Chugai Ro Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Chugai Ro 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.

Chugai Ro Co Cyclically Adjusted Book per Share Chart

Chugai Ro Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,733.50 2,856.35 3,024.48 3,230.25 3,422.53

Chugai Ro Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 3,024.48 2,967.86 3,230.25 0.00 3,422.53

TSE:1964 vs GEV, ETN, PH: Cyclically Adjusted Book per Share Comparison

For the Specialty Industrial Machinery subindustry, Chugai Ro 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.


Chugai Ro Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


TSE:1964
77GF Score
Chugai Ro Co Ltd TSE:1964
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chugai Ro 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, Chugai Ro Co's adjusted Book Value per Share data for the fiscal year that ended in Mar. 2026 was:

Adj_Book=Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=4311.04/112.7000*112.7000
=4,311.040

Current CPI (Mar. 2026) = 112.7000.

Chugai Ro Co Annual Data

Book Value per Share CPI Adj_Book
201703 2,607.684 98.100 2,995.780
201803 2,716.710 99.200 3,086.424
201903 2,718.323 99.700 3,072.768
202003 2,681.558 100.300 3,013.077
202103 2,823.890 99.900 3,185.710
202203 3,005.081 101.100 3,349.878
202303 3,146.795 104.400 3,396.971
202403 3,709.000 107.200 3,899.294
202503 3,858.739 111.100 3,914.310
202603 4,311.040 112.700 4,311.040

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 円3,422.53 mean?
Chugai Ro Co (TSE:1964) has a Cyclically Adjusted Book per Share of 円3,422.53 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 Chugai Ro Co and its competitors.
Is Chugai Ro Co's Cyclically Adjusted Book per Share too high?
Chugai Ro Co's current Cyclically Adjusted Book per Share is 円3,422.53. Overall, Chugai Ro Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chugai Ro Co's Cyclically Adjusted Book per Share compare to GEV and ETN?
Chugai Ro Co's Cyclically Adjusted Book per Share of 円3,422.53 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 Chugai Ro Co and its competitors. Chugai Ro Co's current Cyclically Adjusted Book per Share is 円3,422.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chugai Ro Co stock overvalued right now?
Based on GuruFocus' analysis, Chugai Ro Co (TSE:1964) is currently considered Fairly Valued. The stock's GF Value™ is 円4,017.71, compared to a current price of 円4,060.00 — trading 1.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is 円3,422.53. Chugai Ro Co's overall GF Score™ is 77/100 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 Chugai Ro Co (TSE:1964), the current Cyclically Adjusted Book per Share is 円3,422.53 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 Chugai Ro Co (TSE:1964) Overvalued in 2026?

Based on GuruFocus' analysis, Chugai Ro Co stock appears to be overvalued. The current stock price of 円4,060.00 is trading 1.1% above its estimated GF Value™ of 円4,017.71. GuruFocus considers Chugai Ro Co to be Fairly Valued.

Key valuation signals for TSE:1964:

  • Cyclically Adjusted Book per Share: 円3,422.53
  • GF Value™: 円4,017.71 vs. price of 円4,060.00 (1.1% above fair value)
  • GF Score™: 77/100 with 3 warning signs

No single metric tells the full story. See the TSE:1964 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chugai Ro Co Business Description

Address 3-6-1 Hiranomachi, Chuo-ku, Osaka, JPN, 541-0046
Chugai Ro Co Ltd is engaged in the development of technologies in the thermal technology field. The company operates through three segments namely Energy, Environmental preservation, and Information or communications. It offers various products including heat treatment furnaces for automobile machine parts, steel and nonferrous-metal heating furnaces, gas burner, film coating and drying equipment and environmental equipment and others.
77GF Score

Get the complete analysis for TSE:1964

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

円4,060.00
Price
円4,017.71
GF Value