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Takamatsu Machinery Co (TSE:6155) Cyclically Adjusted PB Ratio : 0.34 (As of Jun. 02, 2025)


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What is Takamatsu Machinery Co Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Takamatsu Machinery Co's current share price is 円475.00. Takamatsu Machinery Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円1,416.06. Takamatsu Machinery Co's Cyclically Adjusted PB Ratio for today is 0.34.

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

TSE:6155' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.59   Max: 1.59
Current: 0.34

During the past years, Takamatsu Machinery Co's highest Cyclically Adjusted PB Ratio was 1.59. The lowest was 0.31. And the median was 0.59.

TSE:6155's Cyclically Adjusted PB Ratio is ranked better than
93.28% of 2159 companies
in the Industrial Products industry
Industry Median: 2.04 vs TSE:6155: 0.34

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.

Takamatsu Machinery Co's adjusted book value per share data for the three months ended in Sep. 2024 was 円1,485.794. 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1,416.06 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Takamatsu Machinery Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Takamatsu Machinery 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.

Takamatsu Machinery Co Cyclically Adjusted PB Ratio Chart

Takamatsu Machinery Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.67 0.57 0.44 0.38

Takamatsu Machinery Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 0.40 0.40 0.37 0.38 0.32

Competitive Comparison of Takamatsu Machinery Co's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Takamatsu Machinery 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.


Takamatsu Machinery Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Takamatsu Machinery Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Takamatsu Machinery 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=475.00/1416.06
=0.34

* 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.

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

For example, Takamatsu Machinery Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1485.794/108.9000*108.9000
=1,485.794

Current CPI (Sep. 2024) = 108.9000.

Takamatsu Machinery Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 951.508 98.500 1,051.972
201412 972.041 97.900 1,081.259
201503 1,026.931 97.900 1,142.317
201506 1,043.126 98.400 1,154.435
201509 1,072.241 98.500 1,185.452
201512 1,068.966 98.100 1,186.650
201603 1,090.620 97.900 1,213.162
201606 1,065.690 98.100 1,183.014
201609 1,070.057 98.000 1,189.074
201612 1,072.878 98.400 1,187.362
201703 1,122.737 98.100 1,246.341
201706 1,118.303 98.500 1,236.378
201709 1,145.753 98.800 1,262.880
201712 1,169.574 99.400 1,281.354
201803 1,224.038 99.200 1,343.727
201806 1,224.868 99.200 1,344.638
201809 1,264.839 99.900 1,378.788
201812 1,304.938 99.700 1,425.354
201903 1,350.135 99.700 1,474.721
201906 1,366.595 99.800 1,491.204
201909 1,405.840 100.100 1,529.430
201912 1,433.739 100.500 1,553.574
202003 1,441.174 100.300 1,564.744
202006 1,422.100 99.900 1,550.217
202009 1,423.292 99.900 1,551.517
202012 1,405.319 99.300 1,541.181
202103 1,421.183 99.900 1,549.218
202106 1,438.148 99.500 1,574.013
202109 1,463.182 100.100 1,591.813
202112 1,472.092 100.100 1,601.507
202203 1,506.657 101.100 1,622.898
202206 1,517.751 101.800 1,623.606
202209 1,547.892 103.100 1,634.970
202212 1,555.566 104.100 1,627.292
202303 1,559.453 104.400 1,626.671
202306 1,550.222 105.200 1,604.745
202309 1,559.638 106.200 1,599.290
202312 1,549.982 106.800 1,580.459
202403 1,544.973 107.200 1,569.474
202409 1,485.794 108.900 1,485.794

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.


Takamatsu Machinery Co  (TSE:6155) 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.


Takamatsu Machinery Co Cyclically Adjusted PB Ratio Related Terms

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Takamatsu Machinery Co Business Description

Traded in Other Exchanges
N/A
Address
1-8 Asahigaoka, Ishikawa, Hakusan, JPN, 924-8558
Takamatsu Machinery Co Ltd is a Japan-based machine manufacturer. The company is engaged in the manufacturing and sale of machine tools including computer numerical control (CNC) precision lathes, and special-purpose machines.

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