TKCOF (Toho Co) Cyclically Adjusted PB Ratio: 2.98 (As of Aug. 15, 2026) — Near Median

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TKCOF Toho Co Ltd TKCOF
85 GF Score
Price $8.80
GF Value $9.07
Valuation Fairly Valued
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What is Toho Co Cyclically Adjusted PB Ratio?

Toho Co TKCOF 85 Cyclically Adjusted PB Ratio is 2.98 as of Aug. 15, 2026, which is 9% above its 10-year median of 2.74. GuruFocus rates TKCOF with a GF Score™ of 85/100 and a GF Value™ of $9.07 (Fairly Valued). Among 696 Media - Diversified companies, Toho Co ranks worse than 83.19% on this metric.

As of today (2026-08-15), Toho Co's current share price is $8.80. Toho Co's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was $2.95. Toho Co's Cyclically Adjusted PB Ratio for today is 2.98.

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

TKCOF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.98   Med: 2.74   Max: 4.29
Current: 3.05

During the past years, Toho Co's highest Cyclically Adjusted PB Ratio was 4.29. The lowest was 1.98. And the median was 2.74.

TKCOF's Cyclically Adjusted PB Ratio is ranked worse than
83.19% of 696 companies
in the Media - Diversified industry
Industry Median: 0.96 vs TKCOF: 3.05

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.

Toho Co's adjusted book value per share data for the three months ended in May. 2026 was $3.810. 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 $2.95 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toho Co  (OTCPK:TKCOF) 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.


Toho Co Cyclically Adjusted PB Ratio Related Terms


Toho Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Toho 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.

Toho Co Cyclically Adjusted PB Ratio Chart

Toho Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.72 2.48 2.35 3.14 3.25

Toho Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 3.30 3.99 3.75 3.25 2.49

TKCOF vs NFLX, DIS, WBD: Cyclically Adjusted PB Ratio Comparison

For the Entertainment subindustry, Toho 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.


Toho Co Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Toho Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TKCOF
85GF Score
Toho Co Ltd TKCOF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toho 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.80/2.95
=2.98

* 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.

Toho Co's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 is calculated as:

For example, Toho Co's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book=Book Value per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=3.81/113.5000*113.5000
=3.810

Current CPI (May. 2026) = 113.5000.

Toho Co Quarterly Data

Book Value per Share CPI Adj_Book
201608 3.155 97.900 3.658
201611 3.057 98.600 3.519
201702 3.041 98.100 3.518
201705 3.100 98.600 3.568
201708 3.301 98.500 3.804
201711 3.282 99.100 3.759
201802 3.492 99.500 3.983
201805 3.466 99.300 3.962
201808 3.523 99.800 4.007
201811 3.465 100.000 3.933
201902 3.576 99.700 4.071
201905 3.626 100.000 4.116
201908 3.860 100.000 4.381
201911 3.844 100.500 4.341
202002 3.803 100.300 4.303
202005 3.783 100.100 4.289
202008 3.847 100.100 4.362
202011 3.974 99.500 4.533
202102 3.970 99.800 4.515
202105 3.906 99.400 4.460
202108 3.913 99.700 4.455
202111 3.797 100.100 4.305
202202 3.888 100.700 4.382
202205 3.515 101.800 3.919
202208 3.421 102.700 3.781
202211 3.227 103.900 3.525
202302 3.518 104.000 3.839
202305 3.511 105.100 3.792
202308 3.448 105.900 3.695
202311 3.360 106.900 3.567
202402 3.525 106.900 3.743
202405 3.351 108.100 3.518
202408 3.683 109.100 3.832
202411 3.477 110.000 3.588
202502 3.723 110.800 3.814
202505 3.895 111.800 3.954
202508 4.082 112.100 4.133
202511 3.952 113.200 3.962
202602 3.959 112.200 4.005
202605 3.810 113.500 3.810

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.

What does a Cyclically Adjusted PB Ratio of 2.98 mean?
Toho Co (TKCOF) has a Cyclically Adjusted PB Ratio of 2.98 as of Aug. 15, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Toho Co and its competitors. This is near median its historical median of 2.74. Over the past decade, Toho Co's Cyclically Adjusted PB Ratio has ranged from 1.98 to 4.29. According to the industry distribution chart, Toho Co ranks #579 out of 696 companies in the Media - Diversified industry, placing it in the top 83.2%.
Is Toho Co's Cyclically Adjusted PB Ratio too high?
Toho Co's current Cyclically Adjusted PB Ratio of 2.98 is near median its 10-year median of 2.74. Over the past 10 years, this metric has ranged from a low of 1.98 to a high of 4.29. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.96. Toho Co's value of 2.98 is 210.4% above this industry median. Based on the distribution chart, Toho Co ranks #579 out of 696 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Toho Co has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Toho Co's Cyclically Adjusted PB Ratio compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Toho Co ranks #579 out of 696 companies for Cyclically Adjusted PB Ratio. This places Toho Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.96. Toho Co's value of 2.98 is 210.4% above this benchmark. Historically, Toho Co's own Cyclically Adjusted PB Ratio has ranged from 1.98 to 4.29 over the past decade. While the company's 10-year median is 2.74 vs. the industry median of 0.96, Toho Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 0.96, based on 696 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Toho Co's current Cyclically Adjusted PB Ratio of 2.98 is 210.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Toho Co and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toho Co's current Cyclically Adjusted PB Ratio is 2.98, which is near median its own 10-year median of 2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toho Co stock overvalued right now?
Based on GuruFocus' analysis, Toho Co (TKCOF) is currently considered Fairly Valued. The stock's GF Value™ is $9.07, compared to a current price of $8.80 — trading 3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.98, which is near median its 10-year median of 2.74 and 210.4% above the Media - Diversified industry median of 0.96. Toho Co's overall GF Score™ is 85/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Toho Co (TKCOF), the current Cyclically Adjusted PB Ratio is 2.98 as of Aug. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Toho Co (TKCOF) Overvalued in 2026?

Based on GuruFocus' analysis, Toho Co stock appears to be undervalued. The current stock price of $8.80 is trading 3% below its estimated GF Value™ of $9.07. GuruFocus considers Toho Co to be Fairly Valued.

Key valuation signals for TKCOF:

  • Cyclically Adjusted PB Ratio: 2.98 (near median its 10-year median of 2.74)
  • GF Value™: $9.07 vs. price of $8.80 (3% below fair value)
  • GF Score™: 85/100
  • Industry Position: 210.4% above the Media - Diversified median (#579 of 696)

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


Toho Co Business Description

Other Exchanges 9602:JapanTOH:Germany
Address 1-2-2 Yurakucho, Chiyoda-ku, Tokyo, JPN, 100-8415
Toho Co Ltd is a diversified media company with interests in the film and theater businesses. The company operates through three primary business segments: movie, theater, and real estate. The movie segment generates the vast majority of its revenue and is involved in the production and distribution of feature films. The theater segment is involved in planning, producing, and performing stage productions. The corporate real estate segment leases land and buildings. The company generates the vast majority of its revenue in Japan.
85GF Score

Get the complete analysis for TKCOF

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

$8.80
Price
$9.07
GF Value