Chofu Seisakusho Co (TSE:5946) Cyclically Adjusted Book per Share: 円4,063.96 (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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TSE:5946 Chofu Seisakusho Co Ltd TSE:5946
65 GF Score
Price 円2,108.00
GF Value 円1,985.10
Valuation Fairly Valued
! 5 Warning Signs
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What is Chofu Seisakusho Co Cyclically Adjusted Book per Share?

Chofu Seisakusho Co TSE:5946 +0.67% 65 Cyclically Adjusted Book per Share is 円4,063.96 as of Dec. 2025. GuruFocus rates TSE:5946 with a GF Score™ of 65/100 and a GF Value™ of 円1,985.10 (Fairly Valued). 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.

Chofu Seisakusho Co's adjusted book value per share for the three months ended in Dec. 2025 was 円4,050.673. 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4,063.96 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Chofu Seisakusho Co's average Cyclically Adjusted Book Growth Rate was 2.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.60% 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 Chofu Seisakusho Co was 4.20% per year. The lowest was 1.60% per year. And the median was 2.90% per year.

As of today (2026-08-08), Chofu Seisakusho Co's current stock price is 円2108.00. Chofu Seisakusho Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was 円4,063.96. Chofu Seisakusho Co's Cyclically Adjusted PB Ratio of today is 0.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chofu Seisakusho Co was 0.86. The lowest was 0.44. And the median was 0.59.


Chofu Seisakusho Co  (TSE:5946) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2108.00/4063.96
=0.52

* 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 Chofu Seisakusho Co was 0.86. The lowest was 0.44. And the median was 0.59.


Be Aware

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


Chofu Seisakusho Co Cyclically Adjusted Book per Share Related Terms


Chofu Seisakusho Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Chofu Seisakusho 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.

Chofu Seisakusho Co Cyclically Adjusted Book per Share Chart

Chofu Seisakusho Co 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 3,512.50 3,690.18 3,812.26 3,973.74 4,063.96

Chofu Seisakusho 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 3,990.11 4,012.96 4,026.08 4,063.96 0.00

TSE:5946 vs SN, SGI, MHK: Cyclically Adjusted Book per Share Comparison

For the Furnishings, Fixtures & Appliances subindustry, Chofu Seisakusho 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.


Chofu Seisakusho Co Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Chofu Seisakusho Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:5946
65GF Score
Chofu Seisakusho Co Ltd TSE:5946
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Chofu Seisakusho 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, Chofu Seisakusho Co'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)
=4050.673/113.0000*113.0000
=4,050.673

Current CPI (Dec. 2025) = 113.0000.

Chofu Seisakusho Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 3,430.586 97.900 3,959.716
201606 3,413.085 98.100 3,931.484
201609 3,425.146 98.000 3,949.403
201612 3,482.830 98.400 3,999.591
201703 3,486.428 98.100 4,015.967
201706 3,518.379 98.500 4,036.313
201709 3,519.847 98.800 4,025.736
201712 3,573.674 99.400 4,062.627
201803 3,556.000 99.200 4,050.685
201806 3,585.562 99.200 4,084.360
201809 3,582.194 99.900 4,051.931
201812 3,573.962 99.700 4,050.729
201903 3,581.964 99.700 4,059.799
201906 3,547.566 99.800 4,016.783
201909 3,549.927 100.100 4,007.410
201912 3,595.740 100.500 4,042.971
202003 3,515.573 100.300 3,960.715
202006 3,560.046 99.900 4,026.879
202009 3,592.487 99.900 4,063.574
202012 3,633.679 99.300 4,135.002
202103 3,677.087 99.900 4,159.268
202106 3,678.325 99.500 4,177.394
202109 3,686.327 100.100 4,161.388
202112 3,693.178 100.100 4,169.122
202203 3,676.655 101.100 4,109.417
202206 3,691.336 101.800 4,097.455
202209 3,706.067 103.100 4,061.936
202212 3,737.436 104.100 4,056.967
202303 3,789.713 104.400 4,101.892
202306 3,855.574 105.200 4,141.444
202309 3,869.224 106.200 4,116.971
202312 3,916.055 106.800 4,143.392
202403 3,946.610 107.200 4,160.139
202406 3,979.110 108.200 4,155.632
202409 3,939.009 108.900 4,087.310
202412 3,977.414 110.700 4,060.052
202503 3,955.858 111.100 4,023.510
202506 3,942.917 111.700 3,988.806
202509 3,968.679 112.000 4,004.114
202512 4,050.673 113.000 4,050.673

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4,063.96 mean?
Chofu Seisakusho Co (TSE:5946) has a Cyclically Adjusted Book per Share of 円4,063.96 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 Chofu Seisakusho Co and its competitors.
Is Chofu Seisakusho Co's Cyclically Adjusted Book per Share too high?
Chofu Seisakusho Co's current Cyclically Adjusted Book per Share is 円4,063.96. Overall, Chofu Seisakusho Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chofu Seisakusho Co's Cyclically Adjusted Book per Share compare to SN and SGI?
Chofu Seisakusho Co's Cyclically Adjusted Book per Share of 円4,063.96 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Cyclically Adjusted Book per Share depends on the Furnishings, Fixtures & Appliances 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 Chofu Seisakusho Co and its competitors. Chofu Seisakusho Co's current Cyclically Adjusted Book per Share is 円4,063.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chofu Seisakusho Co stock overvalued right now?
Based on GuruFocus' analysis, Chofu Seisakusho Co (TSE:5946) is currently considered Fairly Valued. The stock's GF Value™ is 円1,985.10, compared to a current price of 円2,108.00 — trading 6.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is 円4,063.96. Chofu Seisakusho Co's overall GF Score™ is 65/100 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 Chofu Seisakusho Co (TSE:5946), the current Cyclically Adjusted Book per Share is 円4,063.96 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 Chofu Seisakusho Co (TSE:5946) Overvalued in 2026?

Based on GuruFocus' analysis, Chofu Seisakusho Co stock appears to be overvalued. The current stock price of 円2,108.00 is trading 6.2% above its estimated GF Value™ of 円1,985.10. GuruFocus considers Chofu Seisakusho Co to be Fairly Valued.

Key valuation signals for TSE:5946:

  • Cyclically Adjusted Book per Share: 円4,063.96
  • GF Value™: 円1,985.10 vs. price of 円2,108.00 (6.2% above fair value)
  • GF Score™: 65/100 with 5 warning signs

No single metric tells the full story. See the TSE:5946 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chofu Seisakusho Co Business Description

Address 2-1 Chofu ogimachi, Shimonoseki-shi, Yamaguchi, JPN, 752-8555
Chofu Seisakusho Co Ltd is a Japanese manufacturing company that produces and sells water heaters, air conditioners, heat pump systems, solar equipment, and Kitchen related, commercial household equipment . It operates solely across Japan. These operations are divided among its sales and marketing, manufacturing and engineering, research and development, and quality control activities.
65GF Score

Get the complete analysis for TSE:5946

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

円2,108.00
Price
円1,985.10
GF Value