Takasago Thermal Engineering Co (STU:Q74) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:Q74 Takasago Thermal Engineering Co Ltd STU:Q74
88 GF Score
Price €25.60
GF Value €18.85
! 1 Warning Sign
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What is Takasago Thermal Engineering Co 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


Takasago Thermal Engineering Co  (STU:Q74) 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.


Takasago Thermal Engineering Co Cyclically Adjusted PB Ratio Related Terms


Takasago Thermal Engineering Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Takasago Thermal Engineering 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.

Takasago Thermal Engineering Co Cyclically Adjusted PB Ratio Chart

Takasago Thermal Engineering Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
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Takasago Thermal Engineering Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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STU:Q74 vs TT, JCI, CARR: Cyclically Adjusted PB Ratio Comparison

For the Building Products & Equipment subindustry, Takasago Thermal Engineering 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.


Takasago Thermal Engineering Co Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Takasago Thermal Engineering Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Takasago Thermal Engineering Co's Cyclically Adjusted PB Ratio falls into.


STU:Q74
88GF Score
Takasago Thermal Engineering Co Ltd STU:Q74
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Takasago Thermal Engineering 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.

Takasago Thermal Engineering Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Takasago Thermal Engineering Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=8.727/333.9520*333.9520
=8.727

Current CPI (Jun. 2026) = 333.9520.

Takasago Thermal Engineering Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 6.205 241.428 8.583
201612 5.967 241.432 8.254
201703 6.365 243.801 8.719
201706 6.005 244.955 8.187
201709 5.966 246.819 8.072
201712 6.167 246.524 8.354
201803 6.465 249.554 8.651
201806 6.483 251.989 8.592
201809 6.524 252.439 8.631
201812 6.670 251.233 8.866
201903 7.090 254.202 9.314
201906 7.115 256.143 9.276
201909 7.650 256.759 9.950
201912 7.562 256.974 9.827
202003 7.648 258.115 9.895
202006 7.343 257.797 9.512
202009 7.341 260.280 9.419
202012 7.305 260.474 9.366
202103 7.551 264.877 9.520
202106 7.359 271.696 9.045
202109 7.620 274.310 9.277
202112 7.560 278.802 9.055
202203 7.663 287.504 8.901
202206 7.229 296.311 8.147
202209 7.392 296.808 8.317
202212 7.613 296.797 8.566
202303 7.683 301.836 8.500
202306 6.980 305.109 7.640
202309 7.233 307.789 7.848
202312 7.583 306.746 8.256
202403 7.708 312.332 8.242
202406 7.151 314.175 7.601
202409 7.980 315.301 8.452
202412 8.039 315.605 8.506
202503 8.590 319.799 8.970
202506 8.162 322.561 8.450
202509 8.630 324.800 8.873
202512 8.467 324.054 8.726
202603 8.965 330.213 9.067
202606 8.727 333.952 8.727

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.

Is Takasago Thermal Engineering Co (STU:Q74) Overvalued in 2026?

Based on GuruFocus' analysis, Takasago Thermal Engineering Co stock appears to be overvalued. The current stock price of €25.60 is trading 35.8% above its estimated GF Value™ of €18.85.

Key valuation signals for STU:Q74:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €18.85 vs. price of €25.60 (35.8% above fair value)
  • GF Score™: 88/100 with 1 warning sign

No single metric tells the full story. See the STU:Q74 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Takasago Thermal Engineering Co Business Description

Other Exchanges TKSNF:USA1969:Japan
Address 6-27-30, Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-0022
Takasago Thermal Engineering Co Ltd is a Japan-based company that designs, constructs, manufactures, and installs heating, ventilation, and air conditioning, or HVAC, systems, clean room and related systems, plumbing and sanitation systems, cogeneration systems, electrical systems, instrumentation systems, equipment diagnosis/failure diagnosis systems, dehumidifying/drying systems, vacuum conveying systems for waste, discharged-heat recovery systems, heating/cooling systems, refrigerating/freezing systems, other types of environmental control systems and thermal engineering systems, and so on. In addition, the company is engaged in coordinating construction work, security, and cleaning, with further focus on energy supply, power generation, and water treatment.
88GF Score

Get the complete analysis for STU:Q74

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€25.60
Price
€18.85
GF Value