Handsman Co (TSE:7636) Cyclically Adjusted Book per Share: 円1,112.34 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSE:7636 Handsman Co Ltd TSE:7636
69 GF Score
Price 円794.00
GF Value 円885.52
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Handsman Co Cyclically Adjusted Book per Share?

Handsman Co TSE:7636 -0.25% 69 Cyclically Adjusted Book per Share is 円1,112.34 as of Mar. 2026. GuruFocus rates TSE:7636 with a GF Score™ of 69/100 and a GF Value™ of 円885.52 (Modestly Undervalued). The stock has 2 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.

Handsman Co's adjusted book value per share for the three months ended in Mar. 2026 was 円1,336.991. 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1,112.34 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Handsman 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 Handsman Co was 10.80% per year. The lowest was 7.90% per year. And the median was 9.70% per year.

As of today (2026-09-14), Handsman Co's current stock price is 円794.00. Handsman Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,112.34. Handsman Co's Cyclically Adjusted PB Ratio of today is 0.71.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Handsman Co was 2.92. The lowest was 0.70. And the median was 1.34.


Handsman Co  (TSE:7636) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=794.00/1112.34
=0.71

* 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 Handsman Co was 2.92. The lowest was 0.70. And the median was 1.34.


Be Aware

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


Handsman Co Cyclically Adjusted Book per Share Related Terms


Handsman Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Handsman 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.

Handsman Co Cyclically Adjusted Book per Share Chart

Handsman Co Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 801.59 893.79 981.18 1,059.12 0.00

Handsman Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 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 1,059.12 1,076.51 1,100.90 1,112.34 0.00

TSE:7636 vs CASY, WSM, ULTA: Cyclically Adjusted Book per Share Comparison

For the Specialty Retail subindustry, Handsman 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.


Handsman Co Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Handsman Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:7636
69GF Score
Handsman Co Ltd TSE:7636
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Handsman 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, Handsman 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)
=1336.991/112.7000*112.7000
=1,336.991

Current CPI (Mar. 2026) = 112.7000.

Handsman Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 682.834 97.900 786.061
201606 704.402 98.100 809.237
201609 708.901 98.000 815.236
201612 682.161 98.400 781.296
201703 705.300 98.100 810.268
201706 734.691 98.500 840.606
201709 735.450 98.800 838.919
201712 770.728 99.400 873.854
201803 779.979 99.200 886.125
201806 819.959 99.200 931.546
201809 816.118 99.900 920.686
201812 849.221 99.700 959.952
201903 865.144 99.700 977.951
201906 887.969 99.800 1,002.747
201909 887.623 100.100 999.352
201912 918.479 100.500 1,029.976
202003 939.739 100.300 1,055.918
202006 968.131 99.900 1,092.176
202009 983.514 99.900 1,109.530
202012 1,025.867 99.300 1,164.302
202103 1,048.700 99.900 1,183.068
202106 1,101.735 99.500 1,247.895
202109 1,098.785 100.100 1,237.094
202112 1,123.144 100.100 1,264.519
202203 1,146.773 101.100 1,278.351
202206 1,174.226 101.800 1,299.954
202209 1,165.255 103.100 1,273.756
202212 1,204.770 104.100 1,304.300
202303 1,227.554 104.400 1,325.147
202306 1,230.466 105.200 1,318.189
202309 1,209.137 106.200 1,283.143
202312 1,224.208 106.800 1,291.837
202403 1,238.001 107.200 1,301.518
202406 1,257.072 108.200 1,309.353
202412 1,277.180 110.700 1,300.255
202503 1,288.953 111.100 1,307.516
202506 1,315.407 111.700 1,327.183
202509 1,295.567 112.000 1,303.664
202512 1,317.515 113.000 1,314.017
202603 1,336.991 112.700 1,336.991

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1,112.34 mean?
Handsman Co (TSE:7636) has a Cyclically Adjusted Book per Share of 円1,112.34 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 Handsman Co and its competitors.
Is Handsman Co's Cyclically Adjusted Book per Share too high?
Handsman Co's current Cyclically Adjusted Book per Share is 円1,112.34. Overall, Handsman Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Handsman Co's Cyclically Adjusted Book per Share compare to CASY and WSM?
Handsman Co's Cyclically Adjusted Book per Share of 円1,112.34 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Cyclically Adjusted Book per Share depends on the Retail - Cyclical 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 Handsman Co and its competitors. Handsman Co's current Cyclically Adjusted Book per Share is 円1,112.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Handsman Co stock overvalued right now?
Based on GuruFocus' analysis, Handsman Co (TSE:7636) is currently considered Modestly Undervalued. The stock's GF Value™ is 円885.52, compared to a current price of 円794.00 — trading 10.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is 円1,112.34. Handsman Co's overall GF Score™ is 69/100 with 2 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 Handsman Co (TSE:7636), the current Cyclically Adjusted Book per Share is 円1,112.34 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 Handsman Co (TSE:7636) Overvalued in 2026?

Based on GuruFocus' analysis, Handsman Co stock appears to be undervalued. The current stock price of 円794.00 is trading 10.3% below its estimated GF Value™ of 円885.52. GuruFocus considers Handsman Co to be Modestly Undervalued.

Key valuation signals for TSE:7636:

  • Cyclically Adjusted Book per Share: 円1,112.34
  • GF Value™: 円885.52 vs. price of 円794.00 (10.3% below fair value)
  • GF Score™: 69/100 with 2 warning signs

No single metric tells the full story. See the TSE:7636 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Handsman Co Business Description

Address Miyazaki Miyakonojo Yoshio-cho, 2080, Miyakonojo, JPN, 885-0006
Handsman Co Ltd offers home improvement products. The company's division is divided into do-it-yourself division, household product division and automobile and leisure product division.
69GF Score

Get the complete analysis for TSE:7636

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

円794.00
Price
円885.52
GF Value