Toubujyuhan Co (TSE:3297) Cyclically Adjusted Book per Share: 円1,266.48 (As of Nov. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TSE:3297 Toubujyuhan Co Ltd TSE:3297
70 GF Score
Price 円1,132.00
GF Value 円1,254.79
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Toubujyuhan Co Cyclically Adjusted Book per Share?

Toubujyuhan Co TSE:3297 70 Cyclically Adjusted Book per Share is 円1,266.48 as of Nov. 2025. GuruFocus rates TSE:3297 with a GF Score™ of 70/100 and a GF Value™ of 円1,254.79 (Modestly Undervalued). The stock has 5 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.

Toubujyuhan Co's adjusted book value per share for the three months ended in Nov. 2025 was 円1,642.032. 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1,266.48 for the trailing ten years ended in Nov. 2025.

During the past 12 months, Toubujyuhan Co's average Cyclically Adjusted Book Growth Rate was 14.80% 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.

As of today (2026-07-17), Toubujyuhan Co's current stock price is 円1132.00. Toubujyuhan Co's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2025 was 円1,266.48. Toubujyuhan Co's Cyclically Adjusted PB Ratio of today is 0.89.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Toubujyuhan Co was 1.15. The lowest was 0.87. And the median was 0.98.


Toubujyuhan Co  (TSE:3297) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1132.00/1266.48
=0.89

* 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 Toubujyuhan Co was 1.15. The lowest was 0.87. And the median was 0.98.


Be Aware

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


Toubujyuhan Co Cyclically Adjusted Book per Share Related Terms


Toubujyuhan Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Toubujyuhan 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.

Toubujyuhan Co Cyclically Adjusted Book per Share Chart

Toubujyuhan Co Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 1,139.03 1,226.88

Toubujyuhan Co Quarterly Data
Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Nov25 Feb26
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 1,139.03 1,182.81 1,226.88 1,266.48 0.00

TSE:3297 vs CBRE, BEKE, JLL: Cyclically Adjusted Book per Share Comparison

For the Real Estate Services subindustry, Toubujyuhan 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.


Toubujyuhan Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Toubujyuhan Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:3297
70GF Score
Toubujyuhan Co Ltd TSE:3297
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toubujyuhan 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, Toubujyuhan Co's adjusted Book Value per Share data for the three months ended in Nov. 2025 was:

Adj_Book= Book Value per Share /CPI of Nov. 2025 (Change)*Current CPI (Nov. 2025)
=1642.032/113.2000*113.2000
=1,642.032

Current CPI (Nov. 2025) = 113.2000.

Toubujyuhan Co Quarterly Data

Book Value per Share CPI Adj_Book
201505 614.825 98.700 705.149
201508 627.047 98.400 721.359
201511 666.192 98.100 768.735
201602 691.093 97.800 799.915
201605 725.680 98.200 836.527
201608 737.524 97.900 852.786
201611 781.937 98.600 897.721
201702 794.472 98.100 916.761
201705 843.479 98.600 968.375
201708 863.593 98.500 992.474
201711 906.829 99.100 1,035.853
201802 938.074 99.500 1,067.236
201805 966.289 99.300 1,101.550
201808 984.819 99.800 1,117.049
201811 1,031.731 100.000 1,167.919
201902 1,054.169 99.700 1,196.910
201905 1,094.882 100.000 1,239.406
201908 1,080.331 100.000 1,222.935
201911 1,116.369 100.500 1,257.442
202002 1,127.490 100.300 1,272.501
202005 1,172.343 100.100 1,325.767
202008 1,178.491 100.100 1,332.719
202011 1,234.213 99.500 1,404.150
202102 1,246.337 99.800 1,413.681
202105 1,285.169 99.400 1,463.593
202108 1,285.279 99.700 1,459.314
202111 1,329.509 100.100 1,503.501
202202 1,335.337 100.700 1,501.094
202205 1,398.548 101.800 1,555.163
202208 1,393.391 102.700 1,535.851
202211 1,445.821 103.900 1,575.235
202302 1,450.885 104.000 1,579.233
202305 1,502.870 105.100 1,618.695
202308 1,475.781 105.900 1,577.511
202311 1,488.207 106.900 1,575.912
202402 1,497.646 106.900 1,585.908
202405 1,546.657 108.100 1,619.626
202411 1,552.013 110.000 1,597.162
202505 1,633.956 111.800 1,654.417
202511 1,642.032 113.200 1,642.032

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1,266.48 mean?
Toubujyuhan Co (TSE:3297) has a Cyclically Adjusted Book per Share of 円1,266.48 as of Nov. 2025. 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 Toubujyuhan Co and its competitors.
Is Toubujyuhan Co's Cyclically Adjusted Book per Share too high?
Toubujyuhan Co's current Cyclically Adjusted Book per Share is 円1,266.48. Overall, Toubujyuhan Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toubujyuhan Co's Cyclically Adjusted Book per Share compare to CBRE and BEKE?
Toubujyuhan Co's Cyclically Adjusted Book per Share of 円1,266.48 can be compared against companies in the Real Estate 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 a Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate 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 Toubujyuhan Co and its competitors. Toubujyuhan Co's current Cyclically Adjusted Book per Share is 円1,266.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toubujyuhan Co stock overvalued right now?
Based on GuruFocus' analysis, Toubujyuhan Co (TSE:3297) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,254.79, compared to a current price of 円1,132.00 — trading 9.8% below its estimated fair value. The current Cyclically Adjusted Book per Share is 円1,266.48. Toubujyuhan Co's overall GF Score™ is 70/100 with 5 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 Toubujyuhan Co (TSE:3297), the current Cyclically Adjusted Book per Share is 円1,266.48 as of Nov. 2025. 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 Toubujyuhan Co (TSE:3297) Overvalued in 2026?

Based on GuruFocus' analysis, Toubujyuhan Co stock appears to be undervalued. The current stock price of 円1,132.00 is trading 9.8% below its estimated GF Value™ of 円1,254.79. GuruFocus considers Toubujyuhan Co to be Modestly Undervalued.

Key valuation signals for TSE:3297:

  • Cyclically Adjusted Book per Share: 円1,266.48
  • GF Value™: 円1,254.79 vs. price of 円1,132.00 (9.8% below fair value)
  • GF Score™: 70/100 with 5 warning signs

No single metric tells the full story. See the TSE:3297 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toubujyuhan Co Business Description

Address 11-46 Misakimachi, Yamaguchi Prefecture, Shimonoseki, JPN, 750-0014
Toubujyuhan Co Ltd is engaged in real estate services including real estate leasing, buying and selling of real estate, selling of real estate-related products, and others.
70GF Score

Get the complete analysis for TSE:3297

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

円1,132.00
Price
円1,254.79
GF Value