Airman (TSE:6364) Cyclically Adjusted Book per Share: 円 (As of Jun. 2026)

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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.
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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:6364 Airman Corp TSE:6364
86 GF Score
Price 円2,591.00
GF Value 円2,167.52
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Airman Cyclically Adjusted Book per Share?

Airman TSE:6364 +2.90% 86 Cyclically Adjusted Book per Share is 円 as of Jun. 2026. GuruFocus rates TSE:6364 with a GF Score™ of 86/100 and a GF Value™ of 円2,167.52 (Modestly Overvalued). The stock has 6 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.

Airman's adjusted book value per share for the three months ended in Jun. 2026 was 円1,711.284. 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 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Airman's average Cyclically Adjusted Book Growth Rate was 9.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.10% 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 Airman was 11.80% per year. The lowest was 9.90% per year. And the median was 10.80% per year.

As of today (2026-09-21), Airman's current stock price is 円2591.00. Airman's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was . Airman's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Airman was 2.82. The lowest was 1.06. And the median was 1.77.


Airman  (TSE:6364) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Airman was 2.82. The lowest was 1.06. And the median was 1.77.


Be Aware

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


Airman Cyclically Adjusted Book per Share Related Terms


Airman Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Airman'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.

Airman Cyclically Adjusted Book per Share Chart

Airman Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
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Airman Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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TSE:6364 vs GEV, ETN, PH: Cyclically Adjusted Book per Share Comparison

For the Specialty Industrial Machinery subindustry, Airman'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.


Airman Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


TSE:6364
86GF Score
Airman Corp TSE:6364
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Airman 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, Airman's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1711.284/113.6000*113.6000
=1,711.284

Current CPI (Jun. 2026) = 113.6000.

Airman Quarterly Data

Book Value per Share CPI Adj_Book
201609 680.110 98.000 788.372
201612 709.262 98.400 818.823
201703 738.010 98.100 854.617
201706 756.519 98.500 872.493
201709 780.405 98.800 897.308
201712 805.953 99.400 921.089
201803 836.132 99.200 957.506
201806 839.909 99.200 961.831
201809 880.448 99.900 1,001.190
201812 880.140 99.700 1,002.848
201903 910.515 99.700 1,037.457
201906 919.487 99.800 1,046.630
201909 950.946 100.100 1,079.195
201912 971.986 100.500 1,098.683
202003 985.653 100.300 1,116.353
202006 979.351 99.900 1,113.656
202009 986.888 99.900 1,122.227
202012 999.981 99.300 1,143.986
202103 1,040.811 99.900 1,183.545
202106 1,036.750 99.500 1,183.666
202109 1,065.578 100.100 1,209.287
202112 1,076.243 100.100 1,221.391
202203 1,102.965 101.100 1,239.336
202206 1,118.583 101.800 1,248.242
202209 1,168.589 103.100 1,287.601
202212 1,186.305 104.100 1,294.565
202303 1,212.221 104.400 1,319.045
202306 1,238.988 105.200 1,337.919
202309 1,302.335 106.200 1,393.082
202312 1,315.919 106.800 1,399.704
202403 1,353.258 107.200 1,434.050
202406 1,386.292 108.200 1,455.478
202409 1,422.686 108.900 1,484.088
202412 1,444.125 110.700 1,481.957
202503 1,492.398 111.100 1,525.980
202506 1,503.961 111.700 1,529.543
202509 1,564.981 112.000 1,587.338
202512 1,616.790 113.000 1,625.375
202603 1,677.433 112.700 1,690.829
202606 1,711.284 113.600 1,711.284

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 mean?
Airman (TSE:6364) has a Cyclically Adjusted Book per Share of 円 as of Jun. 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 Airman and its competitors.
Is Airman's Cyclically Adjusted Book per Share too high?
Airman's current Cyclically Adjusted Book per Share is 円. Overall, Airman has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Airman's Cyclically Adjusted Book per Share compare to GEV and ETN?
Airman's Cyclically Adjusted Book per Share of 円 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial Products 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 Airman and its competitors. Airman's current Cyclically Adjusted Book per Share is 円. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airman stock overvalued right now?
Based on GuruFocus' analysis, Airman (TSE:6364) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,167.52, compared to a current price of 円2,591.00 — trading 19.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is 円. Airman's overall GF Score™ is 86/100 with 6 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 Airman (TSE:6364), the current Cyclically Adjusted Book per Share is 円 as of Jun. 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 Airman (TSE:6364) Overvalued in 2026?

Based on GuruFocus' analysis, Airman stock appears to be overvalued. The current stock price of 円2,591.00 is trading 19.5% above its estimated GF Value™ of 円2,167.52. GuruFocus considers Airman to be Modestly Overvalued.

Key valuation signals for TSE:6364:

  • Cyclically Adjusted Book per Share:
  • GF Value™: 円2,167.52 vs. price of 円2,591.00 (19.5% above fair value)
  • GF Score™: 86/100 with 6 warning signs

No single metric tells the full story. See the TSE:6364 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Airman Business Description

Address 3074 Shimoawazu, Niigata Prefecture, Tsubame, JPN, 959-0293
Airman Corp is engaged in the manufacturing and sales of engine compressors, motor compressors, engine generators, aerial work platforms, and mini backhoes.
86GF Score

Get the complete analysis for TSE:6364

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

円2,591.00
Price
円2,167.52
GF Value