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Tsubakimoto Chain Co (FRA:TSB) Cyclically Adjusted PB Ratio : 0.92 (As of Jun. 27, 2025)


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What is Tsubakimoto Chain Co Cyclically Adjusted PB Ratio?

As of today (2025-06-27), Tsubakimoto Chain Co's current share price is €10.30. Tsubakimoto Chain Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €11.24. Tsubakimoto Chain Co's Cyclically Adjusted PB Ratio for today is 0.92.

The historical rank and industry rank for Tsubakimoto Chain Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:TSB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.88   Max: 1.74
Current: 0.95

During the past years, Tsubakimoto Chain Co's highest Cyclically Adjusted PB Ratio was 1.74. The lowest was 0.60. And the median was 0.88.

FRA:TSB's Cyclically Adjusted PB Ratio is ranked better than
74.35% of 2230 companies
in the Industrial Products industry
Industry Median: 2.05 vs FRA:TSB: 0.95

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.

Tsubakimoto Chain Co's adjusted book value per share data for the three months ended in Mar. 2025 was €15.720. 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 €11.24 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tsubakimoto Chain Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tsubakimoto Chain Co's Cyclically Adjusted PB Ratio 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.

Tsubakimoto Chain Co Cyclically Adjusted PB Ratio Chart

Tsubakimoto Chain Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.74 0.70 1.02 1.00

Tsubakimoto Chain 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 PB Ratio 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 1.02 - 1.07 1.07 1.00

Competitive Comparison of Tsubakimoto Chain Co's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Tsubakimoto Chain 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.


Tsubakimoto Chain Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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


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Tsubakimoto Chain Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Tsubakimoto Chain Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.30/11.24
=0.92

* 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.

Tsubakimoto Chain Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Tsubakimoto Chain Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=15.72/111.1000*111.1000
=15.720

Current CPI (Mar. 2025) = 111.1000.

Tsubakimoto Chain Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 9.184 98.400 10.369
201509 9.489 98.500 10.703
201512 9.776 98.100 11.071
201603 10.062 97.900 11.419
201606 10.319 98.100 11.686
201609 10.752 98.000 12.189
201612 10.644 98.400 12.018
201703 11.249 98.100 12.740
201706 11.149 98.500 12.575
201709 10.917 98.800 12.276
201712 11.133 99.400 12.443
201803 11.308 99.200 12.665
201806 11.607 99.200 12.999
201809 11.810 99.900 13.134
201812 11.956 99.700 13.323
201903 12.183 99.700 13.576
201906 12.502 99.800 13.918
201909 13.084 100.100 14.522
201912 13.074 100.500 14.453
202003 13.200 100.300 14.621
202006 12.840 99.900 14.280
202009 12.638 99.900 14.055
202012 12.587 99.300 14.083
202103 12.929 99.900 14.378
202106 12.914 99.500 14.420
202109 13.534 100.100 15.021
202112 13.884 100.100 15.410
202203 14.325 101.100 15.742
202206 13.816 101.800 15.078
202209 14.249 103.100 15.355
202212 14.051 104.100 14.996
202303 14.113 104.400 15.019
202306 13.875 105.200 14.653
202309 14.155 106.200 14.808
202312 14.321 106.800 14.898
202403 14.753 107.200 15.290
202406 0.000 108.200 0.000
202409 15.298 108.900 15.607
202412 15.549 110.700 15.605
202503 15.720 111.100 15.720

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


Tsubakimoto Chain Co  (FRA:TSB) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Tsubakimoto Chain Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Tsubakimoto Chain Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Tsubakimoto Chain Co Business Description

Traded in Other Exchanges
Address
Nakanoshima Mitsui Building, 6F, 3-3-3, Nakanoshima, Kita-ku, Osaka, JPN, 530-0005
Tsubakimoto Chain Co. is a Japan-based company that is engaged in manufacturing and sales of various variable speed drives, handling equipment and other related products and services. The company operates through four divisions. The Chain operation supplies chain products, including drive chains and conveyor chains. The Automotive Parts operation provides automotive timing drive systems, timing belts, long belts and others. The Power Transmission Unites and Component operation provides reducers, variable speed drives, motion control units and others. The Materials Handling Systems operation supplies sorting systems, conveyance systems, storage and picking systems and others. The company generates most of its revenue from Japan, America and Europe.

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