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Tekken (Tekken) Cyclically Adjusted PB Ratio : (As of Jun. 22, 2024)


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What is Tekken 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


Tekken Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tekken'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.

Tekken Cyclically Adjusted PB Ratio Chart

Tekken Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 0.82 0.66 0.56 0.51

Tekken Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.50 0.51 0.56 0.57 0.53

Competitive Comparison of Tekken's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Tekken'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.


Tekken's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



Tekken 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.

Tekken's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Tekken's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=31.187/106.8000*106.8000
=31.187

Current CPI (Dec. 2023) = 106.8000.

Tekken Quarterly Data

Book Value per Share CPI Adj_Book
201403 22.375 95.700 24.970
201406 23.370 98.000 25.469
201409 22.784 98.500 24.704
201412 22.148 97.900 24.161
201503 23.462 97.900 25.595
201506 23.719 98.400 25.744
201509 24.016 98.500 26.040
201512 25.474 98.100 27.733
201603 25.552 97.900 27.875
201606 26.686 98.100 29.053
201609 28.106 98.000 30.630
201612 26.809 98.400 29.098
201703 27.692 98.100 30.148
201706 29.453 98.500 31.935
201709 30.582 98.800 33.058
201712 31.422 99.400 33.761
201803 33.484 99.200 36.049
201806 33.338 99.200 35.892
201809 33.525 99.900 35.841
201812 33.466 99.700 35.849
201903 35.735 99.700 38.280
201906 34.743 99.800 37.180
201909 36.798 100.100 39.261
201912 37.266 100.500 39.602
202003 35.283 100.300 37.570
202006 34.631 99.900 37.023
202009 34.884 99.900 37.293
202012 36.498 99.300 39.255
202103 36.896 99.900 39.444
202106 35.970 99.500 38.609
202109 36.817 100.100 39.281
202112 35.269 100.100 37.630
202203 34.300 101.100 36.234
202206 29.865 101.800 31.332
202209 28.752 103.100 29.784
202212 30.735 104.100 31.532
202303 31.199 104.400 31.916
202306 30.767 105.200 31.235
202309 30.298 106.200 30.469
202312 31.187 106.800 31.187

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.


Tekken  (GREY:TKKRF) 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.


Tekken Cyclically Adjusted PB Ratio Related Terms

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


Tekken (Tekken) Business Description

Industry
Traded in Other Exchanges
Address
2-5-3 Misaki-cho, Chiyoda-ku, Tokyo, JPN, 101-8366
Tekken Corp is a Japan-based company engaged in the business of construction. The company is involved in the construction of infrastructures such as roads, tunnels, bridges, water supply and sewerage systems, river protection stations. In addition, it is also in the development of railway cubic intersections, railway civil engineering to create tunnels, bridges, embankments, station buildings, station buildings, and vehicle bases. Further, the company also makes condominiums, schools, medical and welfare institutions, and buildings and others.

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