Toho Lamac Co (TSE:7422) Cyclically Adjusted Book per Share: 円1,099.64 (As of Dec. 2025)

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TSE:7422 Toho Lamac Co Ltd TSE:7422
46 GF Score
Price 円363.00
GF Value 円371.39
Valuation Fairly Valued
! 4 Warning Signs
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What is Toho Lamac Co Cyclically Adjusted Book per Share?

Toho Lamac Co TSE:7422 -2.42% 46 Cyclically Adjusted Book per Share is 円1,099.64 as of Dec. 2025. GuruFocus rates TSE:7422 with a GF Score™ of 46/100 and a GF Value™ of 円371.39 (Fairly Valued). The stock has 4 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.

Toho Lamac Co's adjusted book value per share for the three months ended in Dec. 2025 was 円888.698. 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1,099.64 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Toho Lamac Co's average Cyclically Adjusted Book Growth Rate was -1.10% 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 -0.30% 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.

As of today (2026-07-26), Toho Lamac Co's current stock price is 円363.00. Toho Lamac Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was 円1,099.64. Toho Lamac Co's Cyclically Adjusted PB Ratio of today is 0.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Toho Lamac Co was 0.68. The lowest was 0.21. And the median was 0.29.


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
=363.00/1099.64
=0.33

* 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 0.68. The lowest was 0.21. And the median was 0.29.


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


Toho Lamac Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

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.

Toho Lamac Co Cyclically Adjusted Book per Share Chart

Toho Lamac Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,111.32 1,117.80 1,103.45 1,111.87 1,099.64

Toho Lamac Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1,107.03 1,104.60 1,098.83 1,099.64 0.00

TSE:7422 vs NKE, DECK, ONON: Cyclically Adjusted Book per Share Comparison

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 Cyclically Adjusted PB Ratio vs 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.


TSE:7422
46GF Score
Toho Lamac Co Ltd TSE:7422
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 Dec. 2025 was:

Adj_Book= Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=888.698/113.0000*113.0000
=888.698

Current CPI (Dec. 2025) = 113.0000.

Toho Lamac Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 1,123.066 98.100 1,293.644
201603 1,057.489 97.900 1,220.595
201606 1,068.941 98.100 1,231.298
201609 1,083.518 98.000 1,249.363
201612 1,158.840 98.400 1,330.782
201703 1,137.216 98.100 1,309.943
201706 1,146.140 98.500 1,314.861
201709 1,127.442 98.800 1,289.483
201712 1,155.140 99.400 1,313.187
201803 1,118.857 99.200 1,274.504
201806 1,125.097 99.200 1,281.613
201809 1,098.802 99.900 1,242.889
201812 1,047.783 99.700 1,187.557
201903 1,038.932 99.700 1,177.526
201906 1,039.308 99.800 1,176.772
201909 1,013.340 100.100 1,143.930
201912 1,024.240 100.500 1,151.633
202003 976.349 100.300 1,099.974
202006 975.518 99.900 1,103.439
202009 953.501 99.900 1,078.535
202012 956.803 99.300 1,088.809
202103 963.175 99.900 1,089.477
202106 955.527 99.500 1,085.171
202109 930.196 100.100 1,050.071
202112 914.612 100.100 1,032.479
202203 897.577 101.100 1,003.227
202206 901.364 101.800 1,000.532
202209 914.334 103.100 1,002.131
202212 884.220 104.100 959.816
202303 888.326 104.400 961.502
202306 903.327 105.200 970.304
202309 889.720 106.200 946.689
202312 873.221 106.800 923.914
202403 877.318 107.200 924.785
202406 884.915 108.200 924.172
202412 917.569 110.700 936.633
202503 894.629 111.100 909.929
202506 902.257 111.700 912.758
202509 895.152 112.000 903.144
202512 888.698 113.000 888.698

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1,099.64 mean?
Toho Lamac Co (TSE:7422) has a Cyclically Adjusted Book per Share of 円1,099.64 as of Dec. 2025. 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 Toho Lamac Co and its competitors.
Is Toho Lamac Co's Cyclically Adjusted Book per Share too high?
Toho Lamac Co's current Cyclically Adjusted Book per Share is 円1,099.64. Overall, Toho Lamac Co has a GF Score™ of 46/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Toho Lamac Co's Cyclically Adjusted Book per Share compare to NKE and DECK?
Toho Lamac Co's Cyclically Adjusted Book per Share of 円1,099.64 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted Book per Share depends on the Manufacturing - Apparel & Accessories 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 Toho Lamac Co and its competitors. Toho Lamac Co's current Cyclically Adjusted Book per Share is 円1,099.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toho Lamac Co stock overvalued right now?
Based on GuruFocus' analysis, Toho Lamac Co (TSE:7422) is currently considered Fairly Valued. The stock's GF Value™ is 円371.39, compared to a current price of 円363.00 — trading 2.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is 円1,099.64. Toho Lamac Co's overall GF Score™ is 46/100 with 4 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 Toho Lamac Co (TSE:7422), the current Cyclically Adjusted Book per Share is 円1,099.64 as of Dec. 2025. 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 Toho Lamac Co (TSE:7422) Overvalued in 2026?

Based on GuruFocus' analysis, Toho Lamac Co stock appears to be undervalued. The current stock price of 円363.00 is trading 2.3% below its estimated GF Value™ of 円371.39. GuruFocus considers Toho Lamac Co to be Fairly Valued.

Key valuation signals for TSE:7422:

  • Cyclically Adjusted Book per Share: 円1,099.64
  • GF Value™: 円371.39 vs. price of 円363.00 (2.3% below fair value)
  • GF Score™: 46/100 with 4 warning signs

No single metric tells the full story. See the TSE:7422 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toho Lamac Co Business Description

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.
46GF Score

Get the complete analysis for TSE:7422

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

円363.00
Price
円371.39
GF Value