Tokyo Radiator Mfg Co (TSE:7235) Cyclically Adjusted Book per Share: 円1,816.81 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSE:7235 Tokyo Radiator Mfg Co Ltd TSE:7235
73 GF Score
Price 円1,599.00
GF Value 円912.01
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Tokyo Radiator Mfg Co Cyclically Adjusted Book per Share?

Tokyo Radiator Mfg Co TSE:7235 +0.31% 73 Cyclically Adjusted Book per Share is 円1,816.81 as of Mar. 2026. GuruFocus rates TSE:7235 with a GF Score™ of 73/100 and a GF Value™ of 円912.01 (Significantly Overvalued). The stock has 1 warning sign 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.

Tokyo Radiator Mfg Co's adjusted book value per share for the three months ended in Mar. 2026 was 円2,527.631. 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1,816.81 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Tokyo Radiator Mfg Co's average Cyclically Adjusted Book Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.40% 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 Tokyo Radiator Mfg Co was 7.90% per year. The lowest was 5.50% per year. And the median was 6.50% per year.

As of today (2026-08-27), Tokyo Radiator Mfg Co's current stock price is 円1599.00. Tokyo Radiator Mfg Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,816.81. Tokyo Radiator Mfg Co's Cyclically Adjusted PB Ratio of today is 0.88.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tokyo Radiator Mfg Co was 1.02. The lowest was 0.35. And the median was 0.49.


Tokyo Radiator Mfg Co  (TSE:7235) 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.

Tokyo Radiator Mfg Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1599.00/1816.81
=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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tokyo Radiator Mfg Co was 1.02. The lowest was 0.35. And the median was 0.49.


Be Aware

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


Tokyo Radiator Mfg Co Cyclically Adjusted Book per Share Related Terms


Tokyo Radiator Mfg Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Tokyo Radiator Mfg 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.

Tokyo Radiator Mfg Co Cyclically Adjusted Book per Share Chart

Tokyo Radiator Mfg Co 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 1,355.12 1,454.07 1,571.60 1,700.07 1,816.81

Tokyo Radiator Mfg Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 1,730.79 1,756.93 1,795.68 1,816.81 0.00

TSE:7235 vs ORLY, AZO: Cyclically Adjusted Book per Share Comparison

For the Auto Parts subindustry, Tokyo Radiator Mfg 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.


Tokyo Radiator Mfg Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tokyo Radiator Mfg Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:7235
73GF Score
Tokyo Radiator Mfg Co Ltd TSE:7235
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Tokyo Radiator Mfg 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, Tokyo Radiator Mfg Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2527.631/112.7000*112.7000
=2,527.631

Current CPI (Mar. 2026) = 112.7000.

Tokyo Radiator Mfg Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 1,308.371 97.900 1,506.164
201606 1,304.981 98.100 1,499.198
201609 1,289.602 98.000 1,483.042
201612 1,314.270 98.400 1,505.267
201703 1,383.915 98.100 1,589.880
201706 1,390.855 98.500 1,591.364
201709 1,410.651 98.800 1,609.113
201712 1,448.167 99.400 1,641.936
201803 1,459.877 99.200 1,658.550
201806 1,457.436 99.200 1,655.777
201809 1,475.811 99.900 1,664.904
201812 1,467.153 99.700 1,658.457
201903 1,490.276 99.700 1,684.595
201906 1,487.760 99.800 1,680.066
201909 1,479.370 100.100 1,665.584
201912 1,470.265 100.500 1,648.745
202003 1,440.263 100.300 1,618.321
202006 1,402.452 99.900 1,582.146
202009 1,391.306 99.900 1,569.571
202012 1,415.874 99.300 1,606.939
202103 1,497.622 99.900 1,689.510
202106 1,537.901 99.500 1,741.924
202109 1,520.805 100.100 1,712.235
202112 1,505.431 100.100 1,694.926
202203 1,503.899 101.100 1,676.453
202206 1,524.134 101.800 1,687.327
202209 1,555.818 103.100 1,700.686
202212 1,485.338 104.100 1,608.046
202303 1,844.494 104.400 1,991.135
202306 1,890.858 105.200 2,025.663
202309 1,962.338 106.200 2,082.443
202312 2,032.571 106.800 2,144.857
202403 2,124.268 107.200 2,233.256
202406 2,191.642 108.200 2,282.792
202409 2,235.311 108.900 2,313.311
202503 2,327.831 111.100 2,361.355
202506 2,308.953 111.700 2,329.624
202509 2,327.429 112.000 2,341.975
202512 2,413.966 113.000 2,407.557
202603 2,527.631 112.700 2,527.631

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1,816.81 mean?
Tokyo Radiator Mfg Co (TSE:7235) has a Cyclically Adjusted Book per Share of 円1,816.81 as of Mar. 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 Tokyo Radiator Mfg Co and its competitors.
Is Tokyo Radiator Mfg Co's Cyclically Adjusted Book per Share too high?
Tokyo Radiator Mfg Co's current Cyclically Adjusted Book per Share is 円1,816.81. Overall, Tokyo Radiator Mfg Co has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Radiator Mfg Co's Cyclically Adjusted Book per Share compare to ORLY and AZO?
Tokyo Radiator Mfg Co's Cyclically Adjusted Book per Share of 円1,816.81 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Cyclically Adjusted Book per Share depends on the Vehicles & Parts 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 Tokyo Radiator Mfg Co and its competitors. Tokyo Radiator Mfg Co's current Cyclically Adjusted Book per Share is 円1,816.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Radiator Mfg Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Radiator Mfg Co (TSE:7235) is currently considered Significantly Overvalued. The stock's GF Value™ is 円912.01, compared to a current price of 円1,599.00 — trading 75.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is 円1,816.81. Tokyo Radiator Mfg Co's overall GF Score™ is 73/100 with 1 warning sign 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 Tokyo Radiator Mfg Co (TSE:7235), the current Cyclically Adjusted Book per Share is 円1,816.81 as of Mar. 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 Tokyo Radiator Mfg Co (TSE:7235) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Radiator Mfg Co stock appears to be overvalued. The current stock price of 円1,599.00 is trading 75.3% above its estimated GF Value™ of 円912.01. GuruFocus considers Tokyo Radiator Mfg Co to be Significantly Overvalued.

Key valuation signals for TSE:7235:

  • Cyclically Adjusted Book per Share: 円1,816.81
  • GF Value™: 円912.01 vs. price of 円1,599.00 (75.3% above fair value)
  • GF Score™: 73/100 with 1 warning sign

No single metric tells the full story. See the TSE:7235 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokyo Radiator Mfg Co Business Description

Address 2002-1 Endo, Fujisawa-city, Kanagawa, JPN, 252-0816
Tokyo Radiator Mfg Co Ltd manufactures and sells heat exchangers and body components in Japan. Its products include parts for heat exchangers, such as radiators, exhaust gas recirculation (EGR) coolers, oil coolers, and fuel coolers, among others; as well as automobile body components, such as oil pans, vacuum tanks, fuel tanks, and selective catalytic reduction (SCR) tanks.
73GF Score

Get the complete analysis for TSE:7235

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

円1,599.00
Price
円912.01
GF Value