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TORQ (TSE:8077) Cyclically Adjusted Book per Share : 円476.01 (As of Oct. 2024)


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What is TORQ 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.

TORQ's adjusted book value per share for the three months ended in Oct. 2024 was 円571.838. 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476.01 for the trailing ten years ended in Oct. 2024.

During the past 12 months, TORQ's average Cyclically Adjusted Book Growth Rate was 3.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.90% 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 TORQ was 5.30% per year. The lowest was 4.10% per year. And the median was 5.05% per year.

As of today (2025-05-27), TORQ's current stock price is 円234.00. TORQ's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2024 was 円476.01. TORQ's Cyclically Adjusted PB Ratio of today is 0.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of TORQ was 0.99. The lowest was 0.43. And the median was 0.58.


TORQ Cyclically Adjusted Book per Share Historical Data

The historical data trend for TORQ'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.

TORQ Cyclically Adjusted Book per Share Chart

TORQ Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 393.99 409.31 438.22 460.54 476.01

TORQ Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Oct24
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 453.59 460.54 460.96 465.62 476.01

Competitive Comparison of TORQ's Cyclically Adjusted Book per Share

For the Industrial Distribution subindustry, TORQ'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.


TORQ's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, TORQ's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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TORQ 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, TORQ's adjusted Book Value per Share data for the three months ended in Oct. 2024 was:

Adj_Book= Book Value per Share /CPI of Oct. 2024 (Change)*Current CPI (Oct. 2024)
=571.838/109.5000*109.5000
=571.838

Current CPI (Oct. 2024) = 109.5000.

TORQ Quarterly Data

Book Value per Share CPI Adj_Book
201410 381.951 98.200 425.903
201501 381.706 97.800 427.370
201504 399.414 98.400 444.470
201507 391.043 98.300 435.597
201510 392.344 98.500 436.159
201601 375.711 97.700 421.089
201604 380.056 98.100 424.222
201607 382.647 97.900 427.986
201610 400.974 98.600 445.301
201701 412.854 98.200 460.362
201704 423.815 98.500 471.145
201707 439.136 98.300 489.170
201710 455.883 98.800 505.255
201801 463.153 99.500 509.701
201804 453.817 99.100 501.443
201807 464.648 99.200 512.893
201810 459.181 100.200 501.800
201901 437.432 99.700 480.429
201904 469.316 100.000 513.901
201907 440.798 99.800 483.641
201910 460.715 100.400 502.473
202001 450.675 100.500 491.034
202004 431.199 100.200 471.220
202007 422.207 100.000 462.317
202010 428.517 99.800 470.166
202101 425.109 99.800 466.427
202104 422.484 99.100 466.821
202107 410.803 99.700 451.183
202110 428.857 99.900 470.068
202201 430.524 100.300 470.014
202204 423.681 101.500 457.075
202207 418.282 102.300 447.721
202210 445.067 103.700 469.960
202301 454.689 104.700 475.534
202304 495.838 105.100 516.596
202307 486.486 105.700 503.976
202310 497.033 107.100 508.171
202401 510.313 106.900 522.725
202404 518.550 107.700 527.217
202410 571.838 109.500 571.838

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


TORQ  (TSE:8077) 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.

TORQ's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=234.00/476.01
=0.49

* 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 TORQ was 0.99. The lowest was 0.43. And the median was 0.58.


Be Aware

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


TORQ Cyclically Adjusted Book per Share Related Terms

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


TORQ Business Description

Industry
Traded in Other Exchanges
N/A
Address
2-7-4, Minamihorie, Nishi-ku, Osaka-shi, Osaka, JPN, 550-0015
TORQ Inc is engaged in the domestic sale of rivet screws, fastening products and others. The company's products include Zinc hat series, Anchor birds, New lock anchor, Round lock nut/ bolts, Line cap, and others.

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