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Tsugami (Tsugami) Cyclically Adjusted Book per Share : $42.74 (As of Mar. 2024)


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What is Tsugami 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.

Tsugami's adjusted book value per share for the three months ended in Mar. 2024 was $79.464. 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 $42.74 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tsugami's average Cyclically Adjusted Book Growth Rate was 12.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.00% 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 Tsugami was 12.00% per year. The lowest was 6.50% per year. And the median was 9.00% per year.

As of today (2024-06-09), Tsugami's current stock price is $66.00. Tsugami's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $42.74. Tsugami's Cyclically Adjusted PB Ratio of today is 1.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tsugami was 4.15. The lowest was 1.27. And the median was 2.11.


Tsugami Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tsugami'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.

Tsugami Cyclically Adjusted Book per Share Chart

Tsugami Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.63 21.09 29.13 30.57 42.74

Tsugami Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 30.57 32.75 40.20 39.42 42.74

Competitive Comparison of Tsugami's Cyclically Adjusted Book per Share

For the Tools & Accessories subindustry, Tsugami'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.


Tsugami's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



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

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=79.464/107.2000*107.2000
=79.464

Current CPI (Mar. 2024) = 107.2000.

Tsugami Quarterly Data

Book Value per Share CPI Adj_Book
201406 43.586 98.000 47.678
201409 45.352 98.500 49.358
201412 41.757 97.900 45.724
201503 44.464 97.900 48.688
201506 41.231 98.400 44.918
201509 40.811 98.500 44.416
201512 40.261 98.100 43.996
201603 43.141 97.900 47.239
201606 42.346 98.100 46.274
201609 51.556 98.000 56.396
201612 48.902 98.400 53.275
201703 46.447 98.100 50.756
201706 48.285 98.500 52.550
201709 52.931 98.800 57.431
201712 53.363 99.400 57.550
201803 56.120 99.200 60.646
201806 53.384 99.200 57.689
201809 54.295 99.900 58.263
201812 53.754 99.700 57.798
201903 57.734 99.700 62.077
201906 58.610 99.800 62.956
201909 58.873 100.100 63.049
201912 60.643 100.500 64.686
202003 58.340 100.300 62.353
202006 59.269 99.900 63.600
202009 62.387 99.900 66.946
202012 67.210 99.300 72.557
202103 69.102 99.900 74.151
202106 70.630 99.500 76.096
202109 74.765 100.100 80.068
202112 76.590 100.100 82.022
202203 79.424 101.100 84.216
202206 75.057 101.800 79.038
202209 72.321 103.100 75.197
202212 74.180 104.100 76.389
202303 79.127 104.400 81.249
202306 77.207 105.200 78.675
202309 76.034 106.200 76.750
202312 77.119 106.800 77.408
202403 79.464 107.200 79.464

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


Tsugami  (OTCPK:TSGMY) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=66.00/42.74
=1.54

* 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 Tsugami was 4.15. The lowest was 1.27. And the median was 2.11.


Be Aware

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


Tsugami Cyclically Adjusted Book per Share Related Terms

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


Tsugami (Tsugami) Business Description

Industry
Traded in Other Exchanges
Address
1-9-10 Horidome chou Nihonbash, Chuo-ku, Tokyo, JPN, 103-0012
Tsugami Corp is engaged in the manufacture and sale of precision machine tools. The company's products consist of automatic lathes, grinding machines, machining centers, rolling machines and other working equipment. It operates in three geographical segments. The Japan and China segment manufactures and sells machine tools. Its South Korea segment is involved in the sale of the company's product.

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