TCISF (Tachi-S Co) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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.

TCISF Tachi-S Co Ltd TCISF
76 GF Score
Price $15.34
GF Value $11.85
! 4 Warning Signs
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What is Tachi-S Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tachi-S Co  (OTCPK:TCISF) 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.


Tachi-S Co Cyclically Adjusted PB Ratio Related Terms


Tachi-S Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tachi-S 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.

Tachi-S Co Cyclically Adjusted PB Ratio Chart

Tachi-S Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.37 0.58 0.51 0.65

Tachi-S Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.52 0.52 0.65 0.65 0.65

TCISF vs ORLY, AZO, GPC: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Tachi-S 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.


Tachi-S Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

* The bar in red indicates where Tachi-S Co's Cyclically Adjusted PB Ratio falls into.


TCISF
76GF Score
Tachi-S Co Ltd TCISF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tachi-S 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.

Tachi-S Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Tachi-S 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)
=19.611/113.6000*113.6000
=19.611

Current CPI (Jun. 2026) = 113.6000.

Tachi-S Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 22.469 98.000 26.046
201612 21.286 98.400 24.574
201703 23.520 98.100 27.236
201706 22.837 98.500 26.338
201709 23.522 98.800 27.046
201712 24.941 99.400 28.504
201803 26.686 99.200 30.560
201806 25.663 99.200 29.388
201809 24.955 99.900 28.377
201812 25.470 99.700 29.021
201903 25.581 99.700 29.147
201906 25.873 99.800 29.451
201909 25.109 100.100 28.495
201912 24.984 100.500 28.241
202003 24.916 100.300 28.220
202006 22.608 99.900 25.708
202009 21.394 99.900 24.328
202012 22.028 99.300 25.200
202103 20.804 99.900 23.657
202106 20.667 99.500 23.596
202109 20.017 100.100 22.717
202112 19.429 100.100 22.049
202203 19.063 101.100 21.420
202206 17.168 101.800 19.158
202209 17.198 103.100 18.949
202212 18.408 104.100 20.088
202303 18.975 104.400 20.647
202306 17.862 105.200 19.288
202309 18.249 106.200 19.521
202312 19.091 106.800 20.307
202403 18.561 107.200 19.669
202406 17.923 108.200 18.817
202409 19.888 108.900 20.746
202412 17.077 110.700 17.524
202503 19.152 111.100 19.583
202506 18.642 111.700 18.959
202509 18.913 112.000 19.183
202512 18.335 113.000 18.432
202603 19.396 112.700 19.551
202606 19.611 113.600 19.611

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 Tachi-S Co (TCISF) Overvalued in 2026?

Based on GuruFocus' analysis, Tachi-S Co stock appears to be overvalued. The current stock price of $15.34 is trading 29.5% above its estimated GF Value™ of $11.85.

Key valuation signals for TCISF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $11.85 vs. price of $15.34 (29.5% above fair value)
  • GF Score™: 76/100 with 4 warning signs

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


Tachi-S Co Business Description

Other Exchanges 7239:Japan
Address 3-3-7, Matsubara-cho, Akishima-shi, Tokyo, JPN, 196-8611
Tachi-S Co Ltd is a seat systems manufacturer for automotive seats, originally from Japan. Its product portfolio includes springs, automotive seats, frames, mechanisms, foam, and soft trim. Tachi-S generates sales in Japan, China, Latin America, and North America. The company has joint ventures and technical collaborations with companies in Europe, Asia, Mexico, and North America.
76GF Score

Get the complete analysis for TCISF

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

$15.34
Price
$11.85
GF Value