GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Tsuzuki Denki Co Ltd (TSE:8157) » Definitions » Cyclically Adjusted Book per Share

Tsuzuki Denki Co (TSE:8157) Cyclically Adjusted Book per Share : 円1,965.34 (As of Dec. 2024)


View and export this data going back to 1986. Start your Free Trial

What is Tsuzuki Denki 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.

Tsuzuki Denki Co's adjusted book value per share for the three months ended in Dec. 2024 was 円2,256.347. 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1,965.34 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Tsuzuki Denki 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 Tsuzuki Denki Co was 6.50% per year. The lowest was 3.90% per year. And the median was 5.15% per year.

As of today (2025-05-27), Tsuzuki Denki Co's current stock price is 円2743.00. Tsuzuki Denki Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円1,965.34. Tsuzuki Denki Co's Cyclically Adjusted PB Ratio of today is 1.40.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tsuzuki Denki Co was 1.51. The lowest was 0.53. And the median was 1.01.


Tsuzuki Denki Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tsuzuki Denki 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.

Tsuzuki Denki Co Cyclically Adjusted Book per Share Chart

Tsuzuki Denki Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,546.71 1,630.92 1,778.75 1,868.88 -

Tsuzuki Denki Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1,868.88 1,898.52 1,922.12 1,965.34 -

Competitive Comparison of Tsuzuki Denki Co's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Tsuzuki Denki 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.


Tsuzuki Denki Co's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tsuzuki Denki Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

Tsuzuki Denki 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, Tsuzuki Denki Co's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=2256.347/110.7000*110.7000
=2,256.347

Current CPI (Dec. 2024) = 110.7000.

Tsuzuki Denki Co Quarterly Data

Book Value per Share CPI Adj_Book
201503 1,739.843 97.900 1,967.320
201506 1,703.555 98.400 1,916.499
201509 1,719.364 98.500 1,932.321
201512 1,687.254 98.100 1,903.966
201603 1,707.254 97.900 1,930.470
201606 1,626.133 98.100 1,834.994
201609 1,712.354 98.000 1,934.261
201612 1,724.012 98.400 1,939.514
201703 1,625.296 98.100 1,834.050
201706 1,586.447 98.500 1,782.941
201709 1,638.133 98.800 1,835.438
201712 1,912.470 99.400 2,129.884
201803 1,612.336 99.200 1,799.250
201806 1,548.787 99.200 1,728.334
201809 1,609.822 99.900 1,783.857
201812 1,563.987 99.700 1,736.543
201903 1,666.763 99.700 1,850.659
201906 1,593.917 99.800 1,768.002
201909 1,670.594 100.100 1,847.500
201912 1,989.612 100.500 2,191.543
202003 1,706.061 100.300 1,882.961
202006 1,635.071 99.900 1,811.835
202009 1,695.453 99.900 1,878.745
202012 1,693.962 99.300 1,888.435
202103 1,760.815 99.900 1,951.173
202106 1,728.427 99.500 1,922.984
202109 1,780.681 100.100 1,969.245
202112 1,780.852 100.100 1,969.434
202203 1,853.564 101.100 2,029.570
202206 1,821.568 101.800 1,980.821
202209 1,873.709 103.100 2,011.829
202212 1,882.061 104.100 2,001.385
202303 1,949.947 104.400 2,067.616
202306 1,964.288 105.200 2,066.984
202309 2,115.116 106.200 2,204.740
202312 2,150.471 106.800 2,228.999
202403 2,241.760 107.200 2,314.952
202406 2,197.084 108.200 2,247.848
202409 2,243.249 108.900 2,280.327
202412 2,256.347 110.700 2,256.347

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


Tsuzuki Denki Co  (TSE:8157) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2743.00/1965.34
=1.40

* 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 Tsuzuki Denki Co was 1.51. The lowest was 0.53. And the median was 1.01.


Be Aware

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


Tsuzuki Denki Co Cyclically Adjusted Book per Share Related Terms

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


Tsuzuki Denki Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
Tokyo Art Club Building, 6-19-15 Shinbashi, Minato-ku, Tokyo, JPN, 105-8665
Tsuzuki Denki Co Ltd engages in provision of information network system solution services. Its electronic devices comprise logic ICs, memory ICs, discrete semiconductors, compound semiconductors, relays, connectors, mouse, display panels, circuit boards, communication modules, and other components. The company's information equipment includes hard disks, PC/servers, printers, and other electronic devices; computer supplies, such as toners, ink ribbons, papers, and data media; computer-related products consisting of PC peripherals and network equipment; stationary/office supplies; and office solutions comprising interior design/construction. The company serves customers in the fields of manufacturing, distribution and services, medical and welfare, public and education, and financial.

Tsuzuki Denki Co Headlines

No Headlines