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Tsugami (TSE:6101) Cyclically Adjusted Book per Share : 円848.23 (As of Mar. 2025)


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What is Tsugami 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.

Tsugami's adjusted book value per share for the three months ended in Mar. 2025 was 円1,327.025. 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848.23 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Tsugami's average Cyclically Adjusted Book Growth Rate was 13.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.50% 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 Tsugami was 13.10% per year. The lowest was 6.50% per year. And the median was 10.00% per year.

As of today (2025-05-31), Tsugami's current stock price is 円1869.00. Tsugami's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was 円848.23. Tsugami's Cyclically Adjusted PB Ratio of today is 2.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tsugami was 4.14. The lowest was 1.27. And the median was 2.07.


Tsugami Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tsugami'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.

Tsugami Cyclically Adjusted Book per Share Chart

Tsugami Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 531.34 586.94 664.23 746.01 848.23

Tsugami Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 746.01 772.68 795.10 827.26 848.23

Competitive Comparison of Tsugami's Cyclically Adjusted Book per Share

For the Tools & Accessories subindustry, Tsugami'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.


Tsugami's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tsugami's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Tsugami 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, Tsugami's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1327.025/111.1000*111.1000
=1,327.025

Current CPI (Mar. 2025) = 111.1000.

Tsugami Quarterly Data

Book Value per Share CPI Adj_Book
201506 510.110 98.400 575.947
201509 490.335 98.500 553.058
201512 489.718 98.100 554.614
201603 487.204 97.900 552.894
201606 446.125 98.100 505.245
201609 524.764 98.000 594.911
201612 567.263 98.400 640.477
201703 524.463 98.100 593.964
201706 535.547 98.500 604.054
201709 586.348 98.800 659.345
201712 602.676 99.400 673.615
201803 595.136 99.200 666.528
201806 587.561 99.200 658.045
201809 608.639 99.900 676.875
201812 603.119 99.700 672.081
201903 641.677 99.700 715.048
201906 633.389 99.800 705.105
201909 633.119 100.100 702.693
201912 661.624 100.500 731.407
202003 628.130 100.300 695.765
202006 637.596 99.900 709.078
202009 658.738 99.900 732.591
202012 697.603 99.300 780.500
202103 751.135 99.900 835.346
202106 777.694 99.500 868.360
202109 823.618 100.100 914.125
202112 871.842 100.100 967.649
202203 941.794 101.100 1,034.949
202206 1,005.480 101.800 1,097.336
202209 1,036.247 103.100 1,116.654
202212 1,000.810 104.100 1,068.108
202303 1,057.643 104.400 1,125.519
202306 1,091.375 105.200 1,152.583
202309 1,124.129 106.200 1,175.996
202312 1,110.377 106.800 1,155.083
202403 1,190.531 107.200 1,233.843
202406 1,279.608 108.200 1,313.904
202409 1,235.276 108.900 1,260.231
202412 1,324.051 110.700 1,328.835
202503 1,327.025 111.100 1,327.025

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


Tsugami  (TSE:6101) 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.

Tsugami's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1869.00/848.23
=2.20

* 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 Tsugami was 4.14. The lowest was 1.27. And the median was 2.07.


Be Aware

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


Tsugami Cyclically Adjusted Book per Share Related Terms

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


Tsugami Business Description

Industry
Traded in Other Exchanges
N/A
Address
1-9-10 Horidome chou Nihonbash, Chuo-ku, Tokyo, JPN, 103-0012
Tsugami Corp is engaged in the manufacture and sale of precision machine tools. The company's products consist of automatic lathes, grinding machines, machining centers, rolling machines and other working equipment. It operates in three geographical segments. The Japan and China segment manufactures and sells machine tools. Its South Korea segment is involved in the sale of the company's product.

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