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Tamagawa Holdings Co (TSE:6838) Cyclically Adjusted Book per Share : 円839.82 (As of Mar. 2024)


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What is Tamagawa Holdings 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.

Tamagawa Holdings Co's adjusted book value per share for the three months ended in Mar. 2024 was 円752.893. 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839.82 for the trailing ten years ended in Mar. 2024.

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.

As of today (2025-05-27), Tamagawa Holdings Co's current stock price is 円743.00. Tamagawa Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円839.82. Tamagawa Holdings Co's Cyclically Adjusted PB Ratio of today is 0.88.


Tamagawa Holdings Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tamagawa Holdings 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.

Tamagawa Holdings Co Cyclically Adjusted Book per Share Chart

Tamagawa Holdings Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 643.74 655.75 690.77 751.21 808.93

Tamagawa Holdings Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 808.93 818.94 829.51 836.04 839.82

Competitive Comparison of Tamagawa Holdings Co's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Tamagawa Holdings 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.


Tamagawa Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tamagawa Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=752.893/107.2000*107.2000
=752.893

Current CPI (Mar. 2024) = 107.2000.

Tamagawa Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 659.939 98.000 721.892
201409 683.548 98.500 743.922
201412 717.460 97.900 785.615
201503 763.256 97.900 835.761
201506 743.928 98.400 810.458
201509 686.771 98.500 747.430
201512 703.395 98.100 768.644
201603 784.838 97.900 859.394
201606 743.330 98.100 812.283
201609 764.471 98.000 836.238
201612 745.985 98.400 812.699
201703 776.851 98.100 848.914
201706 749.675 98.500 815.890
201709 739.290 98.800 802.145
201712 724.513 99.400 781.366
201803 739.156 99.200 798.765
201806 717.102 99.200 774.933
201809 715.639 99.900 767.933
201812 725.009 99.700 779.548
201903 762.972 99.700 820.367
201906 729.626 99.800 783.727
201909 781.750 100.100 837.199
201912 803.825 100.500 857.413
202003 831.205 100.300 888.387
202006 823.343 99.900 883.507
202009 830.471 99.900 891.156
202012 874.202 99.300 943.751
202103 902.766 99.900 968.734
202106 919.183 99.500 990.316
202109 920.169 100.100 985.436
202112 923.000 100.100 988.468
202203 927.806 101.100 983.786
202206 899.871 101.800 947.605
202209 862.867 103.100 897.181
202212 837.829 104.100 862.779
202303 831.741 104.400 854.048
202306 793.119 105.200 808.197
202309 771.024 106.200 778.284
202312 762.793 106.800 765.650
202403 752.893 107.200 752.893

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


Tamagawa Holdings Co  (TSE:6838) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=743.00/839.82
=0.88

* 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.


Be Aware

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


Tamagawa Holdings Co Cyclically Adjusted Book per Share Related Terms

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


Tamagawa Holdings Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
VORT Hamamatsu-cho l, 2 Floor,1-6-15 Hamamatsu-cho, Minato-ku, Tokyo, JPN, 105-0013
Tamagawa Holdings Co Ltd manufactures and sells electronics and telecommunications equipment. Its products include wireless equipment components such as amplifiers, attenuators, filters, distributors and frequency synthesizers. It is also operates in solar power stations including mega solar and geothermal power generation plant.

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