Sanyo Chemical Industries (TSE:4471) Cyclically Adjusted Book per Share: 円6,773.39 (As of Mar. 2026)

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:4471 Sanyo Chemical Industries Ltd TSE:4471
71 GF Score
Price 円4,945.00
GF Value 円3,387.47
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Sanyo Chemical Industries Cyclically Adjusted Book per Share?

Sanyo Chemical Industries TSE:4471 +1.85% 71 Cyclically Adjusted Book per Share is 円6,773.39 as of Mar. 2026. GuruFocus rates TSE:4471 with a GF Score™ of 71/100 and a GF Value™ of 円3,387.47 (Significantly Overvalued). The stock has 4 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.

Sanyo Chemical Industries's adjusted book value per share for the three months ended in Mar. 2026 was 円7,198.364. 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6,773.39 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Sanyo Chemical Industries's average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.50% 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 Sanyo Chemical Industries was 6.20% per year. The lowest was 4.40% per year. And the median was 5.10% per year.

As of today (2026-07-14), Sanyo Chemical Industries's current stock price is 円4945.00. Sanyo Chemical Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円6,773.39. Sanyo Chemical Industries's Cyclically Adjusted PB Ratio of today is 0.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sanyo Chemical Industries was 1.49. The lowest was 0.53. And the median was 0.89.


Sanyo Chemical Industries  (TSE:4471) 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.

Sanyo Chemical Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4945.00/6773.39
=0.73

* 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 Sanyo Chemical Industries was 1.49. The lowest was 0.53. And the median was 0.89.


Be Aware

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


Sanyo Chemical Industries Cyclically Adjusted Book per Share Related Terms


Sanyo Chemical Industries Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Sanyo Chemical Industries'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.

Sanyo Chemical Industries Cyclically Adjusted Book per Share Chart

Sanyo Chemical Industries 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 5,524.08 5,934.37 6,265.07 6,583.24 6,773.39

Sanyo Chemical Industries 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 6,583.24 6,636.05 6,675.82 6,757.57 6,773.39

TSE:4471 vs LIN, SHW, ECL: Cyclically Adjusted Book per Share Comparison

For the Specialty Chemicals subindustry, Sanyo Chemical Industries'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.


Sanyo Chemical Industries Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sanyo Chemical Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:4471
71GF Score
Sanyo Chemical Industries Ltd TSE:4471
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sanyo Chemical Industries 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, Sanyo Chemical Industries's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=7198.364/112.7000*112.7000
=7,198.364

Current CPI (Mar. 2026) = 112.7000.

Sanyo Chemical Industries Quarterly Data

Book Value per Share CPI Adj_Book
201606 4,987.800 98.100 5,730.123
201609 5,142.676 98.000 5,914.077
201612 5,415.828 98.400 6,202.884
201703 5,515.330 98.100 6,336.164
201706 5,581.731 98.500 6,386.407
201709 5,787.146 98.800 6,601.329
201712 5,933.645 99.400 6,727.583
201803 5,901.252 99.200 6,704.346
201806 6,029.801 99.200 6,850.389
201809 6,221.809 99.900 7,018.998
201812 6,083.371 99.700 6,876.589
201903 5,868.451 99.700 6,633.645
201906 5,857.383 99.800 6,614.500
201909 5,891.540 100.100 6,633.132
201912 5,975.142 100.500 6,700.483
202003 5,789.658 100.300 6,505.428
202006 5,851.712 99.900 6,601.481
202009 5,904.377 99.900 6,660.894
202012 6,030.166 99.300 6,843.904
202103 6,371.768 99.900 7,188.171
202106 6,370.362 99.500 7,215.475
202109 6,479.815 100.100 7,295.456
202112 6,553.706 100.100 7,378.648
202203 6,549.662 101.100 7,301.156
202206 6,643.048 101.800 7,354.337
202209 6,746.770 103.100 7,374.985
202212 6,666.304 104.100 7,217.027
202303 6,617.151 104.400 7,143.227
202306 6,697.110 105.200 7,174.566
202309 6,821.509 106.200 7,239.021
202312 6,630.399 106.800 6,996.685
202403 6,295.210 107.200 6,618.192
202406 6,394.186 108.200 6,660.118
202409 6,165.808 108.900 6,380.960
202412 6,170.961 110.700 6,282.451
202503 6,119.926 111.100 6,208.062
202506 6,501.221 111.700 6,559.424
202509 6,696.094 112.000 6,737.945
202512 6,887.126 113.000 6,868.842
202603 7,198.364 112.700 7,198.364

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6,773.39 mean?
Sanyo Chemical Industries (TSE:4471) has a Cyclically Adjusted Book per Share of 円6,773.39 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 Sanyo Chemical Industries and its competitors.
Is Sanyo Chemical Industries' Cyclically Adjusted Book per Share too high?
Sanyo Chemical Industries' current Cyclically Adjusted Book per Share is 円6,773.39. Overall, Sanyo Chemical Industries has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sanyo Chemical Industries' Cyclically Adjusted Book per Share compare to LIN and SHW?
Sanyo Chemical Industries' Cyclically Adjusted Book per Share of 円6,773.39 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 Sanyo Chemical Industries and its competitors. Sanyo Chemical Industries's current Cyclically Adjusted Book per Share is 円6,773.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanyo Chemical Industries stock overvalued right now?
Based on GuruFocus' analysis, Sanyo Chemical Industries (TSE:4471) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,387.47, compared to a current price of 円4,945.00 — trading 46% above its estimated fair value. The current Cyclically Adjusted Book per Share is 円6,773.39. Sanyo Chemical Industries' overall GF Score™ is 71/100 with 4 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 Sanyo Chemical Industries (TSE:4471), the current Cyclically Adjusted Book per Share is 円6,773.39 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 Sanyo Chemical Industries (TSE:4471) Overvalued in 2026?

Based on GuruFocus' analysis, Sanyo Chemical Industries stock appears to be overvalued. The current stock price of 円4,945.00 is trading 46% above its estimated GF Value™ of 円3,387.47. GuruFocus considers Sanyo Chemical Industries to be Significantly Overvalued.

Key valuation signals for TSE:4471:

  • Cyclically Adjusted Book per Share: 円6,773.39
  • GF Value™: 円3,387.47 vs. price of 円4,945.00 (46% above fair value)
  • GF Score™: 71/100 with 4 warning signs

No single metric tells the full story. See the TSE:4471 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sanyo Chemical Industries Business Description

Other Exchanges XSI:Germany
Address 11-1, Ikkyo Nomoto-cho, Higashiyama-ku, Kyoto, JPN, 605-0995
Sanyo Chemical Industries Ltd manufactures and sells a variety of chemicals and chemical-based products. The company organizes its operations into four primary segments based on product type. The toiletries and health care segment, which generates the most revenue of any segment, sells disposable baby diapers, surfactants used to produce hair care products and detergents, and base materials for cosmetics and pharmaceuticals. The petroleum and automotives segment sells polyurethane used to produce automobile seats and interior components as well as fuel additives. The plastics and textiles and information and electronics segment sells a variety of plastic products for consumers as well as the transportation and electronics industries. The majority of revenue comes from Japan.
71GF Score

Get the complete analysis for TSE:4471

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

円4,945.00
Price
円3,387.47
GF Value