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Toyota Motor (MIC:TM-RM) Cyclically Adjusted PB Ratio : (As of Jun. 30, 2025)


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What is Toyota Motor Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toyota Motor Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Toyota Motor'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.

Toyota Motor Cyclically Adjusted PB Ratio Chart

Toyota Motor 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 1.53 1.78 1.32 2.37 1.44

Toyota Motor 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 2.37 1.99 1.49 1.77 1.44

Competitive Comparison of Toyota Motor's Cyclically Adjusted PB Ratio

For the Auto Manufacturers subindustry, Toyota Motor'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.


Toyota Motor's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Toyota Motor's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Toyota Motor 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.

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

For example, Toyota Motor'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)
=15259.823/111.1000*111.1000
=15,259.823

Current CPI (Mar. 2025) = 111.1000.

Toyota Motor Quarterly Data

Book Value per Share CPI Adj_Book
201506 4,918.134 98.400 5,552.893
201509 5,985.796 98.500 6,751.492
201512 6,771.041 98.100 7,668.325
201603 6,607.975 97.900 7,498.938
201606 6,488.352 98.100 7,348.174
201609 6,765.029 98.000 7,669.334
201612 6,020.694 98.400 6,797.755
201703 5,838.455 98.100 6,612.154
201706 6,437.751 98.500 7,261.260
201709 6,500.642 98.800 7,309.932
201712 6,590.906 99.400 7,366.697
201803 6,952.397 99.200 7,786.404
201806 7,478.761 99.200 8,375.911
201809 7,951.201 99.900 8,842.627
201812 8,308.999 99.700 9,259.075
201903 8,209.052 99.700 9,147.700
201906 8,068.656 99.800 8,982.241
201909 10,249.370 100.100 11,375.674
201912 8,297.597 100.500 9,172.766
202003 11,020.201 100.300 12,206.823
202006 9,637.568 99.900 10,718.056
202009 11,239.806 99.900 12,499.924
202012 11,198.129 99.300 12,528.823
202103 11,690.682 99.900 13,001.349
202106 11,528.417 99.500 12,872.433
202109 11,796.178 100.100 13,092.461
202112 11,722.021 100.100 13,010.155
202203 16,863.384 101.100 18,531.375
202206 9,381.100 101.800 10,238.116
202209 8,647.290 103.100 9,318.273
202212 9,173.653 104.100 9,790.517
202303 11,759.691 104.400 12,514.384
202306 12,853.123 105.200 13,573.973
202309 15,392.204 106.200 16,102.390
202312 15,131.186 106.800 15,740.400
202403 15,511.388 107.200 16,075.702
202406 15,193.916 108.200 15,601.147
202409 16,568.924 108.900 16,903.650
202412 19,182.384 110.700 19,251.697
202503 15,259.823 111.100 15,259.823

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.


Toyota Motor  (MIC:TM-RM) 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.


Toyota Motor Cyclically Adjusted PB Ratio Related Terms

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


Toyota Motor Business Description

Address
1 Toyota-cho, Aichi Prefecture, Toyota, JPN, 471-8571
Founded in 1937, Toyota is one of the world's largest automakers, with 11.0 million units sold at retail in fiscal 2025, including 10.3 million across the Toyota and Lexus brands. Brands include Toyota, Lexus, Daihatsu, and truck maker Hino; market share in Japan is about 52% excluding mini-vehicles, while US share is around 15%. The firm also owns stakes in Denso, a parts supplier, about 20% of Subaru, and holds investments in many other firms, including shares of Uber Technologies, Joby Aviation, Aurora Innovation, Isuzu Motors, and about 5% in each of Mazda and Suzuki. Fiscal 2025 sales excluding financial services were JPY 43.8 trillion. Toyota also has a financing arm and manufactures homes and boats.

Toyota Motor Headlines

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