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Toho Lamac Co (TSE:7422) Cyclically Adjusted Book per Share : 円10,969.10 (As of Mar. 2024)


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What is Toho Lamac 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.

Toho Lamac Co's adjusted book value per share for the three months ended in Mar. 2024 was 円8,773.701. 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10,969.10 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Toho Lamac Co's average Cyclically Adjusted Book Growth Rate was -1.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.50% 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 Toho Lamac Co was -0.50% per year. The lowest was -0.70% per year. And the median was -0.60% per year.

As of today (2024-05-23), Toho Lamac Co's current stock price is 円5000.00. Toho Lamac Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円10,969.10. Toho Lamac Co's Cyclically Adjusted PB Ratio of today is 0.46.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Toho Lamac Co was 0.45. The lowest was 0.21. And the median was 0.26.


Toho Lamac Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Toho Lamac 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.

Toho Lamac Co Cyclically Adjusted Book per Share Chart

Toho Lamac Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11,408.70 11,212.60 11,113.00 11,177.90 11,034.50

Toho Lamac 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 11,100.10 11,082.80 11,085.80 11,034.50 10,969.10

Competitive Comparison of Toho Lamac Co's Cyclically Adjusted Book per Share

For the Footwear & Accessories subindustry, Toho Lamac 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.


Toho Lamac Co's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Toho Lamac Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Toho Lamac 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, Toho Lamac 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)
=8773.701/107.2000*107.2000
=8,773.701

Current CPI (Mar. 2024) = 107.2000.

Toho Lamac Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 11,773.388 98.000 12,878.645
201409 11,804.604 98.500 12,847.244
201412 11,006.045 97.900 12,051.563
201503 10,856.920 97.900 11,888.272
201506 10,931.543 98.400 11,909.161
201509 10,884.048 98.500 11,845.380
201512 11,234.188 98.100 12,276.299
201603 10,574.063 97.900 11,578.545
201606 10,688.572 98.100 11,680.071
201609 10,834.325 98.000 11,851.425
201612 11,587.489 98.400 12,623.769
201703 11,371.264 98.100 12,426.091
201706 11,462.751 98.500 12,475.197
201709 11,273.531 98.800 12,232.009
201712 11,554.123 99.400 12,460.785
201803 11,189.010 99.200 12,091.350
201806 11,251.410 99.200 12,158.782
201809 10,988.452 99.900 11,791.412
201812 10,477.834 99.700 11,266.036
201903 10,389.324 99.700 11,170.868
201906 10,393.077 99.800 11,163.706
201909 10,133.401 100.100 10,852.154
201912 10,242.402 100.500 10,925.229
202003 9,763.488 100.300 10,435.154
202006 9,755.183 99.900 10,468.024
202009 9,535.010 99.900 10,231.762
202012 9,568.970 99.300 10,330.248
202103 9,632.696 99.900 10,336.587
202106 9,554.899 99.500 10,294.323
202109 9,301.597 100.100 9,961.351
202112 9,145.765 100.100 9,794.466
202203 8,975.414 101.100 9,516.957
202206 9,013.284 101.800 9,491.395
202209 9,142.980 103.100 9,506.571
202212 8,842.717 104.100 9,106.045
202303 8,883.780 104.400 9,122.042
202306 9,034.687 105.200 9,206.449
202309 8,896.848 106.200 8,980.622
202312 8,732.037 106.800 8,764.741
202403 8,773.701 107.200 8,773.701

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


Toho Lamac Co  (TSE:7422) 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.

Toho Lamac Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5000.00/10969.1
=0.46

* 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 Toho Lamac Co was 0.45. The lowest was 0.21. And the median was 0.26.


Be Aware

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


Toho Lamac Co Cyclically Adjusted Book per Share Related Terms

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


Toho Lamac Co (TSE:7422) Business Description

Traded in Other Exchanges
N/A
Address
3-42-6 Yushima, Bunkyo-ku, Tokyo, JPN, 113-8513
Toho Lamac Co., Ltd., is engaged in wholesaling of all-purpose shoes for men, women, and children. The company products include: synthetic leather shoes, sports shoes, bicycles, and luxury brand shoes, among others. It markets its products under the Shoezoo, Sonia Parenti, Fit Partner, Nice Claup, Apricot, Leon, Hocco, &Rouge, B.C.Company, Mc Marie Claire, Keds, Royal Albert Hall, And Simple Life brand names.

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