TB Group (TSE:6775) Cyclically Adjusted Book per Share: 円137.23 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSE:6775 TB Group Inc TSE:6775
55 GF Score
Price 円130.00
GF Value 円140.19
Valuation Fairly Valued
! 2 Warning Signs
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What is TB Group Cyclically Adjusted Book per Share?

TB Group TSE:6775 +1.56% 55 Cyclically Adjusted Book per Share is 円137.23 as of Jun. 2026. GuruFocus rates TSE:6775 with a GF Score™ of 55/100 and a GF Value™ of 円140.19 (Fairly Valued). The stock has 2 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.

TB Group's adjusted book value per share for the three months ended in Jun. 2026 was 円31.993. 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137.23 for the trailing ten years ended in Jun. 2026.

During the past 12 months, TB Group's average Cyclically Adjusted Book Growth Rate was -15.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -8.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -8.80% 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 TB Group was -7.10% per year. The lowest was -11.20% per year. And the median was -10.50% per year.

As of today (2026-08-29), TB Group's current stock price is 円130.00. TB Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円137.23. TB Group's Cyclically Adjusted PB Ratio of today is 0.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of TB Group was 2.06. The lowest was 0.42. And the median was 0.86.


TB Group  (TSE:6775) 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.

TB Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=130.00/137.23
=0.95

* 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 TB Group was 2.06. The lowest was 0.42. And the median was 0.86.


Be Aware

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


TB Group Cyclically Adjusted Book per Share Related Terms


TB Group Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for TB Group'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.

TB Group Cyclically Adjusted Book per Share Chart

TB Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 208.10 188.83 171.71 167.03 143.25

TB Group Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 162.46 156.51 150.63 143.25 137.23

TSE:6775 vs APH, GLW, TEL: Cyclically Adjusted Book per Share Comparison

For the Electronic Components subindustry, TB Group'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.


TB Group Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, TB Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:6775
55GF Score
TB Group Inc TSE:6775
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TB Group 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, TB Group'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)
=31.993/113.6000*113.6000
=31.993

Current CPI (Jun. 2026) = 113.6000.

TB Group Quarterly Data

Book Value per Share CPI Adj_Book
201603 252.967 97.900 293.535
201606 246.971 98.100 285.993
201609 238.700 98.000 276.697
201612 242.206 98.400 279.620
201703 216.750 98.100 250.997
201706 207.395 98.500 239.189
201709 199.997 98.800 229.956
201712 196.294 99.400 224.336
201803 192.982 99.200 220.996
201806 184.959 99.200 211.808
201809 175.986 99.900 200.120
201812 168.886 99.700 192.432
201903 155.541 99.700 177.226
201906 149.147 99.800 169.771
201909 154.224 100.100 175.023
201912 156.028 100.500 176.366
202003 137.608 100.300 155.855
202006 125.513 99.900 142.725
202009 115.626 99.900 131.483
202012 107.751 99.300 123.268
202103 91.056 99.900 103.543
202106 84.558 99.500 96.541
202109 90.529 100.100 102.738
202112 86.223 100.100 97.851
202203 78.097 101.100 87.753
202206 73.406 101.800 81.915
202209 64.405 103.100 70.964
202212 50.279 104.100 54.867
202303 70.928 104.400 77.178
202306 70.573 105.200 76.208
202309 69.214 106.200 74.037
202312 64.321 106.800 68.416
202403 58.350 107.200 61.834
202409 48.939 108.900 51.051
202503 44.196 111.100 45.191
202506 42.750 111.700 43.477
202509 38.138 112.000 38.683
202512 33.003 113.000 33.178
202603 34.309 112.700 34.583
202606 31.993 113.600 31.993

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137.23 mean?
TB Group (TSE:6775) has a Cyclically Adjusted Book per Share of 円137.23 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 TB Group and its competitors.
Is TB Group's Cyclically Adjusted Book per Share too high?
TB Group's current Cyclically Adjusted Book per Share is 円137.23. Overall, TB Group has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TB Group's Cyclically Adjusted Book per Share compare to APH and GLW?
TB Group's Cyclically Adjusted Book per Share of 円137.23 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware 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 TB Group and its competitors. TB Group's current Cyclically Adjusted Book per Share is 円137.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TB Group stock overvalued right now?
Based on GuruFocus' analysis, TB Group (TSE:6775) is currently considered Fairly Valued. The stock's GF Value™ is 円140.19, compared to a current price of 円130.00 — trading 7.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is 円137.23. TB Group's overall GF Score™ is 55/100 with 2 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 TB Group (TSE:6775), the current Cyclically Adjusted Book per Share is 円137.23 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 TB Group (TSE:6775) Overvalued in 2026?

Based on GuruFocus' analysis, TB Group stock appears to be undervalued. The current stock price of 円130.00 is trading 7.3% below its estimated GF Value™ of 円140.19. GuruFocus considers TB Group to be Fairly Valued.

Key valuation signals for TSE:6775:

  • Cyclically Adjusted Book per Share: 円137.23
  • GF Value™: 円140.19 vs. price of 円130.00 (7.3% below fair value)
  • GF Score™: 55/100 with 2 warning signs

No single metric tells the full story. See the TSE:6775 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TB Group Business Description

Address 3-26-6 Hongo, Bunkyo-ku, NREG Hongo 3-chome Building, Tokyo, JPN, 113-0033
TB Group Inc manufactures electronic products. It is engaged in LED lighting and ECO business, digital signage business, electronic money, and store automation business. Its products include cash registers, point-of-sale systems, business Digital Signage, ECO LED lighting, and office automation equipment.
55GF Score

Get the complete analysis for TSE:6775

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

円130.00
Price
円140.19
GF Value