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Taiheiyo Cement (STU:TIE) Cyclically Adjusted PB Ratio : 0.93 (As of Jun. 02, 2025)


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What is Taiheiyo Cement Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Taiheiyo Cement's current share price is €22.20. Taiheiyo Cement's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €23.93. Taiheiyo Cement's Cyclically Adjusted PB Ratio for today is 0.93.

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

STU:TIE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 1.01   Max: 2.33
Current: 0.93

During the past years, Taiheiyo Cement's highest Cyclically Adjusted PB Ratio was 2.33. The lowest was 0.63. And the median was 1.01.

STU:TIE's Cyclically Adjusted PB Ratio is ranked better than
55.41% of 305 companies
in the Building Materials industry
Industry Median: 1.08 vs STU:TIE: 0.93

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.

Taiheiyo Cement's adjusted book value per share data for the three months ended in Dec. 2024 was €33.025. 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 €23.93 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiheiyo Cement Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Taiheiyo Cement'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.

Taiheiyo Cement Cyclically Adjusted PB Ratio Chart

Taiheiyo Cement 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 1.11 0.69 0.75 0.97 -

Taiheiyo Cement 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 0.97 - 0.88 0.90 -

Competitive Comparison of Taiheiyo Cement's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, Taiheiyo Cement'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.


Taiheiyo Cement's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Taiheiyo Cement's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Taiheiyo Cement 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.

Taiheiyo Cement's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=22.20/23.93
=0.93

* 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.

Taiheiyo Cement's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Taiheiyo Cement'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)
=33.025/110.7000*110.7000
=33.025

Current CPI (Dec. 2024) = 110.7000.

Taiheiyo Cement Quarterly Data

Book Value per Share CPI Adj_Book
201503 18.904 97.900 21.376
201506 17.917 98.400 20.157
201509 19.089 98.500 21.453
201512 19.490 98.100 21.993
201603 20.603 97.900 23.297
201606 21.922 98.100 24.738
201609 23.885 98.000 26.980
201612 22.603 98.400 25.428
201703 24.263 98.100 27.379
201706 23.313 98.500 26.200
201709 22.827 98.800 25.576
201712 23.481 99.400 26.150
201803 24.424 99.200 27.255
201806 24.591 99.200 27.442
201809 25.097 99.900 27.810
201812 26.310 99.700 29.213
201903 26.981 99.700 29.958
201906 27.859 99.800 30.902
201909 29.175 100.100 32.264
201912 29.419 100.500 32.405
202003 29.988 100.300 33.097
202006 29.491 99.900 32.679
202009 29.725 99.900 32.939
202012 30.182 99.300 33.647
202103 30.689 99.900 34.007
202106 30.781 99.500 34.246
202109 32.590 100.100 36.041
202112 33.282 100.100 36.806
202203 33.403 101.100 36.575
202206 31.267 101.800 34.001
202209 31.667 103.100 34.001
202212 31.899 104.100 33.921
202303 29.547 104.400 31.330
202306 27.667 105.200 29.113
202309 28.933 106.200 30.159
202312 30.218 106.800 31.321
202403 29.924 107.200 30.901
202406 0.000 108.200 0.000
202409 34.235 108.900 34.801
202412 33.025 110.700 33.025

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.


Taiheiyo Cement  (STU:TIE) 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.


Taiheiyo Cement Cyclically Adjusted PB Ratio Related Terms

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


Taiheiyo Cement Business Description

Traded in Other Exchanges
Address
Daiba Garden City Building, 2-3-5, Daiba, Minato-ku, Tokyo, JPN, 104-8518
Taiheiyo Cement Corp manufactures and sells construction materials to the building, construction, and infrastructure industries. The company also generates biomass power. The firm organizes itself in six segments based on function and location: Cement, Mineral Resources, Environmental, Construction Materials, Ceramics, and Electronics. The Cement segment, which generates the majority of revenue, sells cement, ready-mix concrete. The Mineral Resources segment extracts and sells limestone and construction materials. The Environmental segment turns waste into power and cement and sells desulfurization products to coal power plants. The majority of revenue is generated in Asia and the United States.

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