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Toso Co (TSE:5956) Cyclically Adjusted Book per Share : 円1,372.63 (As of Sep. 2024)


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What is Toso Co Cyclically Adjusted Book per Share?

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.

Toso Co's adjusted book value per share for the three months ended in Sep. 2024 was 円1,591.926. 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1,372.63 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Toso Co's average Cyclically Adjusted Book Growth Rate was 7.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.20% 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 Toso Co was 6.90% per year. The lowest was 5.00% per year. And the median was 5.90% per year.

As of today (2025-05-13), Toso Co's current stock price is 円521.00. Toso Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円1,372.63. Toso Co's Cyclically Adjusted PB Ratio of today is 0.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Toso Co was 0.65. The lowest was 0.36. And the median was 0.45.


Toso Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Toso 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.

* Premium members only.

Toso Co Cyclically Adjusted Book per Share Chart

Toso Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,044.55 1,096.46 1,163.89 1,256.31 1,339.07

Toso Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 1,278.00 1,302.60 1,321.62 1,339.07 1,372.63

Competitive Comparison of Toso Co's Cyclically Adjusted Book per Share

For the Furnishings, Fixtures & Appliances subindustry, Toso 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.


Toso Co's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

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

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


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Toso 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, Toso Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1591.926/108.9000*108.9000
=1,591.926

Current CPI (Sep. 2024) = 108.9000.

Toso Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 997.988 98.500 1,103.359
201412 1,022.770 97.900 1,137.688
201503 1,073.020 97.900 1,193.584
201506 1,059.888 98.400 1,172.986
201509 1,053.446 98.500 1,164.673
201512 1,054.799 98.100 1,170.924
201603 1,036.256 97.900 1,152.689
201606 997.559 98.100 1,107.382
201609 1,008.406 98.000 1,120.565
201612 1,062.933 98.400 1,176.356
201703 1,109.316 98.100 1,231.443
201706 1,097.989 98.500 1,213.919
201709 1,124.218 98.800 1,239.143
201712 1,138.712 99.400 1,247.543
201803 1,133.276 99.200 1,244.090
201806 1,128.036 99.200 1,238.338
201809 1,196.753 99.900 1,304.569
201812 1,192.264 99.700 1,302.282
201903 1,223.403 99.700 1,336.295
201906 1,207.014 99.800 1,317.072
201909 1,235.177 100.100 1,343.764
201912 1,310.344 100.500 1,419.865
202003 1,317.073 100.300 1,430.002
202006 1,325.437 99.900 1,444.846
202009 1,331.233 99.900 1,451.164
202012 1,352.351 99.300 1,483.092
202103 1,411.047 99.900 1,538.168
202106 1,415.574 99.500 1,549.307
202109 1,431.018 100.100 1,556.822
202112 1,451.816 100.100 1,579.448
202203 1,476.390 101.100 1,590.295
202206 1,498.972 101.800 1,603.517
202209 1,534.695 103.100 1,621.031
202212 1,524.579 104.100 1,594.877
202303 1,508.864 104.400 1,573.901
202306 1,520.905 105.200 1,574.397
202309 1,553.046 106.200 1,592.530
202312 1,542.061 106.800 1,572.382
202403 1,593.559 107.200 1,618.830
202409 1,591.926 108.900 1,591.926

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Toso Co  (TSE:5956) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=521.00/1372.63
=0.38

* 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 Toso Co was 0.65. The lowest was 0.36. And the median was 0.45.


Be Aware

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


Toso Co Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Toso Co's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Toso Co Business Description

Traded in Other Exchanges
N/A
Address
1-4-9 Shinkawa, Chuo-ku, Tokyo, JPN, 104-0033
Toso Co Ltd is a Japan-based company mainly engaged in the development, manufacture, and sale of interior goods. Products offered by the company include decorative curtain tracks and poles, motorized curtain tracks, professional curtain tracks, among others.

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