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TOW Co (TSE:4767) Cyclically Adjusted PB Ratio : 1.45 (As of Jun. 03, 2025)


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What is TOW Co Cyclically Adjusted PB Ratio?

As of today (2025-06-03), TOW Co's current share price is 円316.00. TOW Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円218.54. TOW Co's Cyclically Adjusted PB Ratio for today is 1.45.

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

TSE:4767' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.38   Med: 1.8   Max: 3.66
Current: 1.46

During the past years, TOW Co's highest Cyclically Adjusted PB Ratio was 3.66. The lowest was 1.38. And the median was 1.80.

TSE:4767's Cyclically Adjusted PB Ratio is ranked worse than
60.38% of 679 companies
in the Media - Diversified industry
Industry Median: 1.1 vs TSE:4767: 1.46

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.

TOW Co's adjusted book value per share data for the three months ended in Dec. 2024 was 円239.940. 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 円218.54 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TOW Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for TOW 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.

TOW Co Cyclically Adjusted PB Ratio Chart

TOW Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.40 1.95 1.70 1.57 1.68

TOW Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 1.57 1.59 1.87 1.68 1.44

Competitive Comparison of TOW Co's Cyclically Adjusted PB Ratio

For the Advertising Agencies subindustry, TOW 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.


TOW Co's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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


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TOW 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=316.00/218.54
=1.45

* 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.

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

For example, TOW 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)
=239.94/110.7000*110.7000
=239.940

Current CPI (Dec. 2024) = 110.7000.

TOW Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 136.342 97.900 154.168
201503 138.245 97.900 156.320
201506 141.361 98.400 159.031
201509 141.222 98.500 158.713
201512 154.991 98.100 174.898
201603 158.883 97.900 179.656
201606 161.562 98.100 182.313
201609 158.621 98.000 179.177
201612 170.857 98.400 192.214
201703 175.556 98.100 198.104
201706 180.654 98.500 203.029
201709 181.049 98.800 202.856
201712 198.934 99.400 221.549
201803 194.633 99.200 217.196
201806 196.199 99.200 218.944
201809 194.428 99.900 215.447
201812 203.287 99.700 225.716
201903 200.517 99.700 222.640
201906 209.547 99.800 232.433
201909 211.854 100.100 234.288
201912 226.508 100.500 249.497
202003 222.077 100.300 245.104
202006 228.242 99.900 252.917
202009 227.083 99.900 251.633
202012 231.798 99.300 258.409
202103 223.075 99.900 247.191
202106 229.542 99.500 255.380
202109 226.596 100.100 250.591
202112 234.289 100.100 259.099
202203 230.483 101.100 252.369
202206 231.893 101.800 252.167
202209 203.700 103.100 218.716
202212 213.401 104.100 226.931
202303 208.960 104.400 221.570
202306 209.258 105.200 220.198
202309 206.764 106.200 215.525
202312 222.541 106.800 230.667
202403 223.260 107.200 230.549
202406 229.015 108.200 234.306
202412 239.940 110.700 239.940

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.


TOW Co  (TSE:4767) 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.


TOW Co Cyclically Adjusted PB Ratio Related Terms

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


TOW Co Business Description

Traded in Other Exchanges
N/A
Address
Chome No. 3 No. 13 Hulic Kamiyacho building 3 Floor, Toranomon, Minato-ku, Tokyo, JPN, 105-0001
TOW Co Ltd is a Japan-based company mainly engaged in the management, production, and planning of events. It also provides promotions and public relation services to the companies. The company has operations in Japan and overseas.

TOW Co Headlines

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