Tamron Co (TSE:7740) Cyclically Adjusted Book per Share: 円364.23 (As of Jun. 2026)

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TSE:7740 Tamron Co Ltd TSE:7740
91 GF Score
Price 円1,375.00
GF Value 円878.26
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Tamron Co Cyclically Adjusted Book per Share?

Tamron Co TSE:7740 +1.25% 91 Cyclically Adjusted Book per Share is 円364.23 as of Jun. 2026. GuruFocus rates TSE:7740 with a GF Score™ of 91/100 and a GF Value™ of 円878.26 (Significantly Overvalued). The stock has 5 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.

Tamron Co's adjusted book value per share for the three months ended in Jun. 2026 was 円559.329. 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364.23 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Tamron Co's average Cyclically Adjusted Book Growth Rate was 9.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.90% 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 Tamron Co was 10.60% per year. The lowest was 4.30% per year. And the median was 7.75% per year.

As of today (2026-08-28), Tamron Co's current stock price is 円1375.00. Tamron Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円364.23. Tamron Co's Cyclically Adjusted PB Ratio of today is 3.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tamron Co was 4.02. The lowest was 0.87. And the median was 1.51.


Tamron Co  (TSE:7740) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1375.00/364.23
=3.78

* 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 Tamron Co was 4.02. The lowest was 0.87. And the median was 1.51.


Be Aware

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


Tamron Co Cyclically Adjusted Book per Share Related Terms


Tamron Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Tamron 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.

Tamron Co Cyclically Adjusted Book per Share Chart

Tamron 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 234.76 260.53 284.86 317.88 347.90

Tamron Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 331.56 338.36 347.90 353.68 364.23

TSE:7740 vs AS, HAS, LTH: Cyclically Adjusted Book per Share Comparison

For the Leisure subindustry, Tamron 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.


Tamron Co Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tamron Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:7740
91GF Score
Tamron Co Ltd TSE:7740
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tamron 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, Tamron Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=559.329/113.6000*113.6000
=559.329

Current CPI (Jun. 2026) = 113.6000.

Tamron Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 213.429 98.000 247.403
201612 228.200 98.400 263.450
201703 221.738 98.100 256.773
201706 228.586 98.500 263.628
201709 232.487 98.800 267.313
201712 240.825 99.400 275.229
201803 235.063 99.200 269.185
201806 238.231 99.200 272.813
201809 242.668 99.900 275.947
201812 246.999 99.700 281.435
201903 246.601 99.700 280.982
201906 249.486 99.800 283.984
201909 252.872 100.100 286.976
201912 264.910 100.500 299.441
202003 215.860 100.300 244.484
202006 217.079 99.900 246.849
202009 218.789 99.900 248.793
202012 274.465 99.300 313.990
202103 284.753 99.900 323.803
202106 293.344 99.500 334.913
202109 299.379 100.100 339.755
202112 314.987 100.100 357.468
202203 325.143 101.100 365.344
202206 351.428 101.800 392.163
202209 363.599 103.100 400.629
202212 362.396 104.100 395.468
202303 365.662 104.400 397.885
202306 395.128 105.200 426.678
202309 410.719 106.200 439.338
202312 422.692 106.800 449.605
202403 431.727 107.200 457.502
202406 471.903 108.200 495.455
202409 470.295 108.900 490.592
202412 499.372 110.700 512.454
202503 466.548 111.100 477.046
202506 488.995 111.700 497.313
202509 504.566 112.000 511.774
202512 532.851 113.000 535.680
202603 526.286 112.700 530.489
202606 559.329 113.600 559.329

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364.23 mean?
Tamron Co (TSE:7740) has a Cyclically Adjusted Book per Share of 円364.23 as of Jun. 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 Tamron Co and its competitors.
Is Tamron Co's Cyclically Adjusted Book per Share too high?
Tamron Co's current Cyclically Adjusted Book per Share is 円364.23. Overall, Tamron Co has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tamron Co's Cyclically Adjusted Book per Share compare to AS and HAS?
Tamron Co's Cyclically Adjusted Book per Share of 円364.23 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Cyclically Adjusted Book per Share depends on the Travel & Leisure 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 Tamron Co and its competitors. Tamron Co's current Cyclically Adjusted Book per Share is 円364.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tamron Co stock overvalued right now?
Based on GuruFocus' analysis, Tamron Co (TSE:7740) is currently considered Significantly Overvalued. The stock's GF Value™ is 円878.26, compared to a current price of 円1,375.00 — trading 56.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is 円364.23. Tamron Co's overall GF Score™ is 91/100 with 5 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 Tamron Co (TSE:7740), the current Cyclically Adjusted Book per Share is 円364.23 as of Jun. 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 Tamron Co (TSE:7740) Overvalued in 2026?

Based on GuruFocus' analysis, Tamron Co stock appears to be overvalued. The current stock price of 円1,375.00 is trading 56.6% above its estimated GF Value™ of 円878.26. GuruFocus considers Tamron Co to be Significantly Overvalued.

Key valuation signals for TSE:7740:

  • Cyclically Adjusted Book per Share: 円364.23
  • GF Value™: 円878.26 vs. price of 円1,375.00 (56.6% above fair value)
  • GF Score™: 91/100 with 5 warning signs

No single metric tells the full story. See the TSE:7740 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tamron Co Business Description

Other Exchanges TMRNF:USA
Address 1385 Hasunuma, Minuma-ku, Saitama, JPN, 337-8556
Tamron Co Ltd is a Japanese manufacturer of optical and photographic lenses. The company organizes itself into three segments: Photography-related business, Surveillance & FA-related business, and Mobility & Healthcare, Other Businesses. The company designs, manufactures, and sells interchangeable lenses for mirrorless and SLR cameras; lenses for surveillance cameras, factory automation (FA) and machine vision systems, and video conferencing equipment; as well as lenses for in-vehicle cameras, video and digital cameras, medical applications, and a variety of optical device components. The company's key geographical segment is Asia (ex. Japan), followed by sales made in Japan, in Europe, and in North America.
91GF Score

Get the complete analysis for TSE:7740

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

円1,375.00
Price
円878.26
GF Value