Sumitomo Rubber Industries (TSE:5110) Cyclically Adjusted Book per Share: 円2,167.49 (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:5110 Sumitomo Rubber Industries Ltd TSE:5110
66 GF Score
Price 円2,271.00
GF Value 円1,437.03
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Sumitomo Rubber Industries Cyclically Adjusted Book per Share?

Sumitomo Rubber Industries TSE:5110 +1.36% 66 Cyclically Adjusted Book per Share is 円2,167.49 as of Mar. 2026. GuruFocus rates TSE:5110 with a GF Score™ of 66/100 and a GF Value™ of 円1,437.03 (Significantly Overvalued). The stock has 7 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.

Sumitomo Rubber Industries's adjusted book value per share for the three months ended in Mar. 2026 was 円2,761.117. 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2,167.49 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Sumitomo Rubber Industries's average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.10% 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 Sumitomo Rubber Industries was 9.90% per year. The lowest was 7.60% per year. And the median was 8.20% per year.

As of today (2026-07-29), Sumitomo Rubber Industries's current stock price is 円2271.00. Sumitomo Rubber Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円2,167.49. Sumitomo Rubber Industries's Cyclically Adjusted PB Ratio of today is 1.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sumitomo Rubber Industries was 2.04. The lowest was 0.63. And the median was 0.89.


Sumitomo Rubber Industries  (TSE:5110) 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.

Sumitomo Rubber Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2271.00/2167.49
=1.05

* 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 Sumitomo Rubber Industries was 2.04. The lowest was 0.63. 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.


Sumitomo Rubber Industries Cyclically Adjusted Book per Share Related Terms


Sumitomo Rubber Industries Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Sumitomo Rubber 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.

Sumitomo Rubber Industries Cyclically Adjusted Book per Share Chart

Sumitomo Rubber Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,529.65 1,713.69 1,861.83 2,031.30 2,149.04

Sumitomo Rubber 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 2,055.88 2,083.18 2,108.46 2,149.04 2,167.49

TSE:5110 vs ORLY, AZO: Cyclically Adjusted Book per Share Comparison

For the Auto Parts subindustry, Sumitomo Rubber 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.


Sumitomo Rubber Industries Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sumitomo Rubber Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:5110
66GF Score
Sumitomo Rubber Industries Ltd TSE:5110
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sumitomo Rubber 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, Sumitomo Rubber 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)
=2761.117/112.7000*112.7000
=2,761.117

Current CPI (Mar. 2026) = 112.7000.

Sumitomo Rubber Industries Quarterly Data

Book Value per Share CPI Adj_Book
201606 1,474.213 98.100 1,693.617
201609 1,461.270 98.000 1,680.461
201612 1,636.630 98.400 1,874.474
201703 1,607.814 98.100 1,847.101
201706 1,639.143 98.500 1,875.446
201709 1,665.524 98.800 1,899.844
201712 1,810.558 99.400 2,052.816
201803 1,798.216 99.200 2,042.933
201806 1,787.594 99.200 2,030.865
201809 1,783.610 99.900 2,012.141
201812 1,741.114 99.700 1,968.140
201903 1,740.795 99.700 1,967.779
201906 1,711.032 99.800 1,932.197
201909 1,661.896 100.100 1,871.086
201912 1,752.065 100.500 1,964.753
202003 1,602.306 100.300 1,800.398
202006 1,586.957 99.900 1,790.291
202009 1,581.733 99.900 1,784.397
202012 1,729.054 99.300 1,962.381
202103 1,802.453 99.900 2,033.398
202106 1,856.366 99.500 2,102.638
202109 1,815.628 100.100 2,044.169
202112 1,907.032 100.100 2,147.078
202203 2,038.054 101.100 2,271.896
202206 2,199.665 101.800 2,435.189
202209 2,186.574 103.100 2,390.174
202212 2,076.743 104.100 2,248.309
202303 2,114.206 104.400 2,282.289
202306 2,242.901 105.200 2,402.804
202309 2,350.115 106.200 2,493.954
202312 2,372.895 106.800 2,503.982
202403 2,515.256 107.200 2,644.304
202406 2,651.482 108.200 2,761.756
202409 2,355.244 108.900 2,437.429
202412 2,494.541 110.700 2,539.609
202503 2,399.731 111.100 2,434.291
202506 2,440.539 111.700 2,462.388
202509 2,518.706 112.000 2,534.448
202512 2,724.437 113.000 2,717.204
202603 2,761.117 112.700 2,761.117

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2,167.49 mean?
Sumitomo Rubber Industries (TSE:5110) has a Cyclically Adjusted Book per Share of 円2,167.49 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 Sumitomo Rubber Industries and its competitors.
Is Sumitomo Rubber Industries' Cyclically Adjusted Book per Share too high?
Sumitomo Rubber Industries' current Cyclically Adjusted Book per Share is 円2,167.49. Overall, Sumitomo Rubber Industries has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sumitomo Rubber Industries' Cyclically Adjusted Book per Share compare to ORLY and AZO?
Sumitomo Rubber Industries' Cyclically Adjusted Book per Share of 円2,167.49 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Cyclically Adjusted Book per Share depends on the Vehicles & Parts 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 Sumitomo Rubber Industries and its competitors. Sumitomo Rubber Industries's current Cyclically Adjusted Book per Share is 円2,167.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sumitomo Rubber Industries stock overvalued right now?
Based on GuruFocus' analysis, Sumitomo Rubber Industries (TSE:5110) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,437.03, compared to a current price of 円2,271.00 — trading 58% above its estimated fair value. The current Cyclically Adjusted Book per Share is 円2,167.49. Sumitomo Rubber Industries' overall GF Score™ is 66/100 with 7 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 Sumitomo Rubber Industries (TSE:5110), the current Cyclically Adjusted Book per Share is 円2,167.49 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 Sumitomo Rubber Industries (TSE:5110) Overvalued in 2026?

Based on GuruFocus' analysis, Sumitomo Rubber Industries stock appears to be overvalued. The current stock price of 円2,271.00 is trading 58% above its estimated GF Value™ of 円1,437.03. GuruFocus considers Sumitomo Rubber Industries to be Significantly Overvalued.

Key valuation signals for TSE:5110:

  • Cyclically Adjusted Book per Share: 円2,167.49
  • GF Value™: 円1,437.03 vs. price of 円2,271.00 (58% above fair value)
  • GF Score™: 66/100 with 7 warning signs

No single metric tells the full story. See the TSE:5110 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sumitomo Rubber Industries Business Description

Other Exchanges SMTUF:USA108:Germany
Address 3-6-9 Wakihamacho, Chuo-ku, Hyogo Prefecture, Kobe, JPN, 651-0072
Sumitomo Rubber Industries Ltd makes and sells rubber tires, sports equipment, and other products in three segments based on product type. The tire segment, which generates the majority of revenue, sells rubber tires for automobiles and motorcycles under the Dunlop and Falken brand names. The sports segment sells golf, tennis, and fitness equipment under the Srixon, XXIO, Cleveland, and Dunlop brand names. The industrial and other products segment sells rubber parts for printers, artificial turf for sporting use, floor coating materials, portable ramps, gloves, tubes, and valves. The majority of revenue comes from Japan than any other region.
66GF Score

Get the complete analysis for TSE:5110

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

円2,271.00
Price
円1,437.03
GF Value