GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Toho Zinc Co Ltd (OTCPK:TOHZF) » Definitions » Cyclically Adjusted PB Ratio

TOHZF (Toho Zinc Co) Cyclically Adjusted PB Ratio : 0.15 (As of May. 31, 2025)


View and export this data going back to 2004. Start your Free Trial

What is Toho Zinc Co Cyclically Adjusted PB Ratio?

As of today (2025-05-31), Toho Zinc Co's current share price is $7.09. Toho Zinc Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $47.26. Toho Zinc Co's Cyclically Adjusted PB Ratio for today is 0.15.

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

TOHZF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.56   Max: 1.59
Current: 0.17

During the past years, Toho Zinc Co's highest Cyclically Adjusted PB Ratio was 1.59. The lowest was 0.14. And the median was 0.56.

TOHZF's Cyclically Adjusted PB Ratio is ranked better than
84.17% of 1535 companies
in the Metals & Mining industry
Industry Median: 0.97 vs TOHZF: 0.17

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 Zinc Co's adjusted book value per share data for the three months ended in Dec. 2024 was $1.393. 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 $47.26 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toho Zinc Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Toho Zinc 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.

* Premium members only.

Toho Zinc Co Cyclically Adjusted PB Ratio Chart

Toho Zinc Co 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 0.59 0.75 0.51 0.30 -

Toho Zinc Co 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 0.30 - 0.28 0.15 -

Competitive Comparison of Toho Zinc Co's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Toho Zinc 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 Zinc Co's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Toho Zinc Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.09/47.26
=0.15

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

For example, Toho Zinc Co'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)
=1.393/110.7000*110.7000
=1.393

Current CPI (Dec. 2024) = 110.7000.

Toho Zinc Co Quarterly Data

Book Value per Share CPI Adj_Book
201503 39.474 97.900 44.635
201506 37.764 98.400 42.485
201509 37.312 98.500 41.933
201512 25.556 98.100 28.838
201603 28.812 97.900 32.579
201606 30.684 98.100 34.625
201609 31.653 98.000 35.755
201612 30.042 98.400 33.797
201703 33.899 98.100 38.253
201706 34.562 98.500 38.843
201709 37.141 98.800 41.614
201712 39.587 99.400 44.087
201803 43.316 99.200 48.338
201806 40.321 99.200 44.995
201809 37.736 99.900 41.816
201812 37.017 99.700 41.101
201903 36.771 99.700 40.828
201906 35.058 99.800 38.887
201909 31.701 100.100 35.058
201912 28.059 100.500 30.907
202003 24.835 100.300 27.410
202006 23.156 99.900 25.659
202009 25.250 99.900 27.980
202012 24.794 99.300 27.640
202103 28.090 99.900 31.127
202106 30.008 99.500 33.386
202109 31.076 100.100 34.367
202112 30.455 100.100 33.680
202203 28.544 101.100 31.254
202206 30.122 101.800 32.755
202209 28.814 103.100 30.938
202212 29.486 104.100 31.355
202303 27.832 104.400 29.512
202306 24.985 105.200 26.291
202309 11.989 106.200 12.497
202312 10.156 106.800 10.527
202403 1.404 107.200 1.450
202406 0.000 108.200 0.000
202409 3.471 108.900 3.528
202412 1.393 110.700 1.393

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.


Toho Zinc Co  (OTCPK:TOHZF) 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 Zinc Co Cyclically Adjusted PB Ratio Related Terms

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


Toho Zinc Co Business Description

Traded in Other Exchanges
Address
1-8-2 Marunouchi, Tekko Building, Chiyoda-ku, Tokyo, JPN, 100-8207
Toho Zinc Co Ltd is engaged in smelting and refining of non-ferrous metals and supplier of zinc products. Its products portfolio consists of zinc powder, Cadmium Oxide, Sulfuric Acid, Electrolytic Zinc, and Zinc Alloys for Die Casting. The company's segments include Smelting, Mineral resources, Electronic components, and Environment and recycling. The majority of the company's revenue is derived from sale and production of zinc and lead products, electric silver and sulfuric acid. The company operates in Japan, Asia, and Oceania.

Toho Zinc Co Headlines

No Headlines