Shikoku Kasei Holdings (TSE:4099) Cyclically Adjusted Book per Share: 円773.44 (As of Dec. 2025)


TSE:4099 Shikoku Kasei Holdings Corp TSE:4099
78 GF Score
Price 円2,849.00
GF Value 円1,209.40
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Shikoku Kasei Holdings Cyclically Adjusted Book per Share?

Shikoku Kasei Holdings TSE:4099 -2.00% 78 Cyclically Adjusted Book per Share is 円773.44 as of Dec. 2025. GuruFocus rates TSE:4099 with a GF Score™ of 78/100 and a GF Value™ of 円1,209.40 (Significantly Overvalued). The stock has 1 warning sign 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.

Shikoku Kasei Holdings's adjusted book value per share for the three months ended in Dec. 2025 was 円1,084.337. 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773.44 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Shikoku Kasei Holdings's average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.80% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Shikoku Kasei Holdings was 13.00% per year. The lowest was 7.50% per year. And the median was 11.80% per year.

As of today (2026-07-08), Shikoku Kasei Holdings's current stock price is 円2849.00. Shikoku Kasei Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was 円773.44. Shikoku Kasei Holdings's Cyclically Adjusted PB Ratio of today is 3.68.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Shikoku Kasei Holdings was 4.63. The lowest was 0.88. And the median was 1.36.


Shikoku Kasei Holdings  (TSE:4099) 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.

Shikoku Kasei Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2849.00/773.44
=3.68

* 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 Shikoku Kasei Holdings was 4.63. The lowest was 0.88. And the median was 1.36.


Be Aware

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


Shikoku Kasei Holdings Cyclically Adjusted Book per Share Related Terms


Shikoku Kasei Holdings Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Shikoku Kasei Holdings'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.

Shikoku Kasei Holdings Cyclically Adjusted Book per Share Chart

Shikoku Kasei Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 492.44 536.35 639.69 709.08 773.44

Shikoku Kasei Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 722.81 738.54 753.22 773.44 0.00

TSE:4099 vs LIN, SHW, ECL: Cyclically Adjusted Book per Share Comparison

For the Specialty Chemicals subindustry, Shikoku Kasei Holdings'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.


Shikoku Kasei Holdings Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shikoku Kasei Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:4099
78GF Score
Shikoku Kasei Holdings Corp TSE:4099
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shikoku Kasei Holdings 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, Shikoku Kasei Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book= Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=1084.337/113.0000*113.0000
=1,084.337

Current CPI (Dec. 2025) = 113.0000.

Shikoku Kasei Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201603 464.121 97.900 535.707
201606 460.253 98.100 530.159
201609 477.384 98.000 550.453
201612 503.851 98.400 578.609
201703 520.599 98.100 599.671
201706 533.975 98.500 612.580
201709 551.014 98.800 630.208
201712 564.912 99.400 642.204
201803 575.675 99.200 655.759
201806 576.308 99.200 656.480
201809 593.177 99.900 670.961
201812 577.660 99.700 654.720
201903 595.519 99.700 674.961
201906 592.515 99.800 670.884
201909 604.127 100.100 681.982
201912 623.072 100.500 700.569
202003 620.863 100.300 699.477
202006 671.107 99.900 759.110
202009 683.191 99.900 772.779
202012 697.285 99.300 793.486
202103 680.098 99.900 769.280
202106 684.334 99.500 777.183
202109 702.213 100.100 792.708
202112 720.054 100.100 812.848
202203 743.752 101.100 831.296
202206 749.484 101.800 831.942
202209 784.726 103.100 860.078
202212 770.560 104.100 836.439
202303 785.900 104.400 850.639
202306 818.934 105.200 879.653
202309 833.865 106.200 887.257
202312 851.603 106.800 901.041
202403 874.611 107.200 921.931
202406 900.700 108.200 940.657
202409 899.211 108.900 933.066
202412 932.786 110.700 952.166
202503 946.367 111.100 962.551
202506 992.682 111.700 1,004.235
202509 1,028.232 112.000 1,037.413
202512 1,084.337 113.000 1,084.337

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773.44 mean?
Shikoku Kasei Holdings (TSE:4099) has a Cyclically Adjusted Book per Share of 円773.44 as of Dec. 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 Shikoku Kasei Holdings and its competitors.
Is Shikoku Kasei Holdings' Cyclically Adjusted Book per Share too high?
Shikoku Kasei Holdings' current Cyclically Adjusted Book per Share is 円773.44. Overall, Shikoku Kasei Holdings has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shikoku Kasei Holdings' Cyclically Adjusted Book per Share compare to LIN and SHW?
Shikoku Kasei Holdings' Cyclically Adjusted Book per Share of 円773.44 can be compared against companies in the Chemicals 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 Chemicals company?
A good Cyclically Adjusted Book per Share depends on the Chemicals 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 Shikoku Kasei Holdings and its competitors. Shikoku Kasei Holdings's current Cyclically Adjusted Book per Share is 円773.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shikoku Kasei Holdings stock overvalued right now?
Based on GuruFocus' analysis, Shikoku Kasei Holdings (TSE:4099) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,209.40, compared to a current price of 円2,849.00 — trading 135.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is 円773.44. Shikoku Kasei Holdings' overall GF Score™ is 78/100 with 1 warning sign 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 Shikoku Kasei Holdings (TSE:4099), the current Cyclically Adjusted Book per Share is 円773.44 as of Dec. 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 Shikoku Kasei Holdings (TSE:4099) Overvalued in 2026?

Based on GuruFocus' analysis, Shikoku Kasei Holdings stock appears to be overvalued. The current stock price of 円2,849.00 is trading 135.6% above its estimated GF Value™ of 円1,209.40. GuruFocus considers Shikoku Kasei Holdings to be Significantly Overvalued.

Key valuation signals for TSE:4099:

  • Cyclically Adjusted Book per Share: 円773.44
  • GF Value™: 円1,209.40 vs. price of 円2,849.00 (135.6% above fair value)
  • GF Score™: 78/100 with 1 warning sign

No single metric tells the full story. See the TSE:4099 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shikoku Kasei Holdings Business Description

Address 8-537-1 Dokicho-Higashi, Marugame-shi, Kagawa-ken, JPN, 763-8504
Shikoku Kasei Holdings Corp is engaged in the chemicals and building material business. The chemicals are used in various things and places such as automobiles, smartphones, and pools. The building material products add color to living spaces, such as painted walls, garage front doors, and archways for public facilities.
78GF Score

Get the complete analysis for TSE:4099

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

円2,849.00
Price
円1,209.40
GF Value