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TOKCF (Tokyo Ohka Kogyo Co) Cyclically Adjusted PB Ratio : 2.21 (As of May. 30, 2025)


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What is Tokyo Ohka Kogyo Co Cyclically Adjusted PB Ratio?

As of today (2025-05-30), Tokyo Ohka Kogyo Co's current share price is $20.16. Tokyo Ohka Kogyo Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $9.13. Tokyo Ohka Kogyo Co's Cyclically Adjusted PB Ratio for today is 2.21.

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

TOKCF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.9   Med: 1.94   Max: 7.33
Current: 2.55

During the past years, Tokyo Ohka Kogyo Co's highest Cyclically Adjusted PB Ratio was 7.33. The lowest was 0.90. And the median was 1.94.

TOKCF's Cyclically Adjusted PB Ratio is ranked worse than
65.19% of 1922 companies
in the Hardware industry
Industry Median: 1.655 vs TOKCF: 2.55

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.

Tokyo Ohka Kogyo Co's adjusted book value per share data for the three months ended in Dec. 2024 was $10.876. 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 $9.13 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tokyo Ohka Kogyo Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tokyo Ohka Kogyo 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.

Tokyo Ohka Kogyo Co Cyclically Adjusted PB Ratio Chart

Tokyo Ohka Kogyo Co Annual Data
Trend Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.25 2.03 1.66 2.44 2.58

Tokyo Ohka Kogyo Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.44 3.52 3.32 2.61 2.58

Competitive Comparison of Tokyo Ohka Kogyo Co's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Tokyo Ohka Kogyo 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.


Tokyo Ohka Kogyo Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tokyo Ohka Kogyo Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Tokyo Ohka Kogyo 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.

Tokyo Ohka Kogyo Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.16/9.13
=2.21

* 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.

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

For example, Tokyo Ohka Kogyo 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)
=10.876/110.7000*110.7000
=10.876

Current CPI (Dec. 2024) = 110.7000.

Tokyo Ohka Kogyo Co Quarterly Data

Book Value per Share CPI Adj_Book
201503 9.109 97.900 10.300
201506 8.692 98.400 9.779
201509 9.258 98.500 10.405
201512 9.106 98.100 10.276
201603 9.756 97.900 11.032
201606 10.322 98.100 11.648
201609 10.705 98.000 12.092
201612 9.553 98.400 10.747
201703 10.005 98.100 11.290
201706 10.295 98.500 11.570
201709 10.472 98.800 11.733
201712 10.320 99.400 11.493
201803 10.776 99.200 12.025
201806 10.506 99.200 11.724
201809 10.476 99.900 11.609
201812 10.299 99.700 11.435
201903 10.344 99.700 11.485
201906 10.656 99.800 11.820
201909 10.620 100.100 11.745
201912 10.694 100.500 11.779
202003 10.625 100.300 11.727
202006 10.946 99.900 12.129
202009 11.226 99.900 12.440
202012 11.749 99.300 13.098
202103 11.385 99.900 12.616
202106 11.489 99.500 12.782
202109 11.417 100.100 12.626
202112 11.378 100.100 12.583
202203 11.112 101.100 12.167
202206 10.280 101.800 11.179
202209 9.695 103.100 10.410
202212 10.423 104.100 11.084
202303 10.535 104.400 11.171
202306 10.445 105.200 10.991
202309 9.944 106.200 10.365
202312 10.544 106.800 10.929
202403 10.337 107.200 10.674
202406 10.189 108.200 10.424
202409 11.078 108.900 11.261
202412 10.876 110.700 10.876

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.


Tokyo Ohka Kogyo Co  (OTCPK:TOKCF) 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.


Tokyo Ohka Kogyo Co Cyclically Adjusted PB Ratio Related Terms

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Tokyo Ohka Kogyo Co Business Description

Traded in Other Exchanges
Address
150 Nakamaruko, Nakahara-ku, Kanagawa, Kawasaki, JPN, 211-0012
Tokyo Ohka Kogyo Co Ltd is a Japan-based company that manufactures functional materials and processing equipment. The processing equipment sold by the firm are primarily used in the manufacturing of semiconductors and liquid crystal display products. The materials used in the manufacturing of these products are also sold by the company, particularly for the photolithography process. The firm also sells inorganic and organic chemicals. Tokyo Ohka Kogyo has manufacturing facilities in the United States, Taiwan, China, and South Korea.

Tokyo Ohka Kogyo Co Headlines