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Tachi-S Co (TSE:7239) Cyclically Adjusted Book per Share : 円2,625.14 (As of Dec. 2024)


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What is Tachi-S 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.

Tachi-S Co's adjusted book value per share for the three months ended in Dec. 2024 was 円2,620.413. 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2,625.14 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Tachi-S Co's average Cyclically Adjusted Book Growth Rate was -100.00% 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 Tachi-S Co was 4.20% per year. The lowest was 3.20% per year. And the median was 3.55% per year.

As of today (2025-05-29), Tachi-S Co's current stock price is 円1742.00. Tachi-S Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円2,625.14. Tachi-S Co's Cyclically Adjusted PB Ratio of today is 0.66.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tachi-S Co was 1.17. The lowest was 0.37. And the median was 0.64.


Tachi-S Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tachi-S 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.

Tachi-S Co Cyclically Adjusted Book per Share Chart

Tachi-S Co 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 2,266.15 2,335.55 2,435.39 2,522.62 -

Tachi-S Co 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 2,522.62 2,556.34 2,580.21 2,625.14 -

Competitive Comparison of Tachi-S Co's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, Tachi-S 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.


Tachi-S Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Tachi-S Co's Cyclically Adjusted PB Ratio falls into.


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Tachi-S 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, Tachi-S Co's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=2620.413/110.7000*110.7000
=2,620.413

Current CPI (Dec. 2024) = 110.7000.

Tachi-S Co Quarterly Data

Book Value per Share CPI Adj_Book
201503 2,401.591 97.900 2,715.589
201506 2,396.033 98.400 2,695.537
201509 2,384.915 98.500 2,680.305
201512 2,408.081 98.100 2,717.376
201603 2,338.554 97.900 2,644.310
201606 2,207.709 98.100 2,491.268
201609 2,159.880 98.000 2,439.783
201612 2,347.583 98.400 2,641.031
201703 2,473.320 98.100 2,790.994
201706 2,425.068 98.500 2,725.432
201709 2,492.508 98.800 2,792.719
201712 2,614.746 99.400 2,911.996
201803 2,652.671 99.200 2,960.188
201806 2,660.290 99.200 2,968.691
201809 2,660.995 99.900 2,948.670
201812 2,617.004 99.700 2,905.741
201903 2,644.869 99.700 2,936.680
201906 2,575.759 99.800 2,857.079
201909 2,517.655 100.100 2,784.260
201912 2,516.348 100.500 2,771.739
202003 2,496.491 100.300 2,755.349
202006 2,254.650 99.900 2,498.396
202009 2,068.751 99.900 2,292.400
202012 2,089.718 99.300 2,329.625
202103 2,119.601 99.900 2,348.747
202106 2,107.562 99.500 2,344.795
202109 2,047.111 100.100 2,263.888
202112 2,058.352 100.100 2,276.319
202203 2,129.007 101.100 2,331.168
202206 2,125.851 101.800 2,311.706
202209 2,302.691 103.100 2,472.433
202212 2,246.150 104.100 2,388.557
202303 2,346.785 104.400 2,488.401
202306 2,392.484 105.200 2,517.566
202309 2,535.041 106.200 2,642.458
202312 2,507.424 106.800 2,598.987
202403 2,618.798 107.200 2,704.300
202406 2,679.939 108.200 2,741.860
202409 2,654.979 108.900 2,698.863
202412 2,620.413 110.700 2,620.413

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


Tachi-S Co  (TSE:7239) 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.

Tachi-S Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1742.00/2625.14
=0.66

* 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 Tachi-S Co was 1.17. The lowest was 0.37. And the median was 0.64.


Be Aware

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


Tachi-S Co Cyclically Adjusted Book per Share Related Terms

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


Tachi-S Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
3-3-7, Matsubara-cho, Akishima-shi, Tokyo, JPN, 196-8611
Tachi-S Co Ltd is a seat systems manufacturer for automotive seats, originally from Japan. Its product portfolio includes springs, automotive seats, frames, mechanisms, foam, and soft trim. Tachi-S generates sales in Japan, China, Latin America, and North America. The company has joint ventures and technical collaborations with companies in Europe, Asia, Mexico, and North America.

Tachi-S Co Headlines

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