Idemitsu Kosan Co (TSE:5019) Cyclically Adjusted Book per Share: 円1,077.80 (As of Mar. 2026)


TSE:5019 Idemitsu Kosan Co Ltd TSE:5019
65 GF Score
Price 円1,235.50
GF Value 円1,079.02
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Idemitsu Kosan Co Cyclically Adjusted Book per Share?

Idemitsu Kosan Co TSE:5019 -0.64% 65 Cyclically Adjusted Book per Share is 円1,077.80 as of Mar. 2026. GuruFocus rates TSE:5019 with a GF Score™ of 65/100 and a GF Value™ of 円1,079.02 (Modestly 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.

Idemitsu Kosan Co's adjusted book value per share for the three months ended in Mar. 2026 was 円1,574.463. 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1,077.80 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Idemitsu Kosan Co's average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.60% 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 Idemitsu Kosan Co was 7.60% per year. The lowest was 2.20% per year. And the median was 4.30% per year.

As of today (2026-07-08), Idemitsu Kosan Co's current stock price is 円1235.50. Idemitsu Kosan Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,077.80. Idemitsu Kosan Co's Cyclically Adjusted PB Ratio of today is 1.15.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Idemitsu Kosan Co was 1.69. The lowest was 0.54. And the median was 0.86.


Idemitsu Kosan Co  (TSE:5019) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1235.50/1077.80
=1.15

* 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 Idemitsu Kosan Co was 1.69. The lowest was 0.54. And the median was 0.86.


Be Aware

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


Idemitsu Kosan Co Cyclically Adjusted Book per Share Related Terms


Idemitsu Kosan Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Idemitsu Kosan 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.

Idemitsu Kosan Co Cyclically Adjusted Book per Share Chart

Idemitsu Kosan 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 811.10 864.90 916.36 996.37 1,077.80

Idemitsu Kosan Co 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 996.37 1,015.26 1,032.91 1,059.27 1,077.80

TSE:5019 vs VLO, MPC, PSX: Cyclically Adjusted Book per Share Comparison

For the Oil & Gas Refining & Marketing subindustry, Idemitsu Kosan 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.


Idemitsu Kosan Co Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Idemitsu Kosan Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:5019
65GF Score
Idemitsu Kosan Co Ltd TSE:5019
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Idemitsu Kosan 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, Idemitsu Kosan Co'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)
=1574.463/112.7000*112.7000
=1,574.463

Current CPI (Mar. 2026) = 112.7000.

Idemitsu Kosan Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 629.890 98.100 723.635
201609 599.842 98.000 689.818
201612 644.473 98.400 738.131
201703 729.964 98.100 838.603
201706 751.933 98.500 860.333
201709 728.666 98.800 831.181
201712 812.331 99.400 921.023
201803 835.479 99.200 949.178
201806 857.903 99.200 974.654
201809 906.037 99.900 1,022.126
201812 893.961 99.700 1,010.526
201903 853.440 99.700 964.721
201906 837.712 99.800 945.993
201909 834.653 100.100 939.714
201912 830.267 100.500 931.056
202003 773.735 100.300 869.391
202006 691.019 99.900 779.558
202009 733.430 99.900 827.403
202012 740.852 99.300 840.826
202103 774.335 99.900 873.549
202106 835.777 99.500 946.654
202109 871.592 100.100 981.303
202112 886.469 100.100 998.053
202203 949.939 101.100 1,058.933
202206 1,056.604 101.800 1,169.737
202209 1,140.996 103.100 1,247.238
202212 1,105.719 104.100 1,197.066
202303 1,102.047 104.400 1,189.662
202306 1,140.203 105.200 1,221.491
202309 1,252.578 106.200 1,329.242
202312 1,303.012 106.800 1,374.995
202403 1,305.179 107.200 1,372.142
202406 1,321.262 108.200 1,376.213
202409 1,402.388 108.900 1,451.323
202412 1,407.329 110.700 1,432.755
202503 1,404.798 111.100 1,425.029
202506 1,370.503 111.700 1,382.772
202509 1,409.717 112.000 1,418.528
202512 1,436.848 113.000 1,433.033
202603 1,574.463 112.700 1,574.463

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1,077.80 mean?
Idemitsu Kosan Co (TSE:5019) has a Cyclically Adjusted Book per Share of 円1,077.80 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 Idemitsu Kosan Co and its competitors.
Is Idemitsu Kosan Co's Cyclically Adjusted Book per Share too high?
Idemitsu Kosan Co's current Cyclically Adjusted Book per Share is 円1,077.80. Overall, Idemitsu Kosan Co has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Idemitsu Kosan Co's Cyclically Adjusted Book per Share compare to VLO and MPC?
Idemitsu Kosan Co's Cyclically Adjusted Book per Share of 円1,077.80 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Cyclically Adjusted Book per Share depends on the Oil & Gas 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 Idemitsu Kosan Co and its competitors. Idemitsu Kosan Co's current Cyclically Adjusted Book per Share is 円1,077.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Idemitsu Kosan Co stock overvalued right now?
Based on GuruFocus' analysis, Idemitsu Kosan Co (TSE:5019) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,079.02, compared to a current price of 円1,235.50 — trading 14.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is 円1,077.80. Idemitsu Kosan Co's overall GF Score™ is 65/100 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 Idemitsu Kosan Co (TSE:5019), the current Cyclically Adjusted Book per Share is 円1,077.80 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 Idemitsu Kosan Co (TSE:5019) Overvalued in 2026?

Based on GuruFocus' analysis, Idemitsu Kosan Co stock appears to be overvalued. The current stock price of 円1,235.50 is trading 14.5% above its estimated GF Value™ of 円1,079.02. GuruFocus considers Idemitsu Kosan Co to be Modestly Overvalued.

Key valuation signals for TSE:5019:

  • Cyclically Adjusted Book per Share: 円1,077.80
  • GF Value™: 円1,079.02 vs. price of 円1,235.50 (14.5% above fair value)
  • GF Score™: 65/100 with 4 warning signs

No single metric tells the full story. See the TSE:5019 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Idemitsu Kosan Co Business Description

Industry EnergyOil & Gas
Address 1-2-1 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-8321
Idemitsu Kosan Co Ltd engages in a variety of activities globally that include petroleum products, oil exploration and production, coal, and other businesses. The company operates through five segments. The Basic Chemicals segment makes and sells olefins and aroma products. Electricity/Renewable Energy covers thermal, solar, and wind power generation, electricity sales, and solar business. Fuel Oil handles production, trading, and import/export of refined petroleum. The Highly Functional Materials segment includes lubricants, chemicals, electronic materials, paving materials, and agri-bio. The Resource segment explores, develops, and sells crude oil, natural gas, and coal. Others cover insurance and intra-group services. It generates the majority of its revenue from the Fuel oil segment.
65GF Score

Get the complete analysis for TSE:5019

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

円1,235.50
Price
円1,079.02
GF Value