Toho Lamac Co (TSE:7422) Cyclically Adjusted PB Ratio: 0.33 (As of Aug. 06, 2026) — 14% Above Median

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TSE:7422 Toho Lamac Co Ltd TSE:7422
40 GF Score
Price 円354.00
GF Value 円230.18
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Toho Lamac Co Cyclically Adjusted PB Ratio?

Toho Lamac Co TSE:7422 -0.56% 40 Cyclically Adjusted PB Ratio is 0.33 as of Aug. 06, 2026, which is 14% above its 10-year median of 0.29. GuruFocus rates TSE:7422 with a GF Score™ of 40/100 and a GF Value™ of 円230.18 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 848 Manufacturing - Apparel & Accessories companies, Toho Lamac Co ranks better than 84.67% on this metric.

As of today (2026-08-06), Toho Lamac Co's current share price is 円354.00. Toho Lamac Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円1,086.18. Toho Lamac Co's Cyclically Adjusted PB Ratio for today is 0.33.

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

TSE:7422' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.29   Max: 0.68
Current: 0.34

During the past years, Toho Lamac Co's highest Cyclically Adjusted PB Ratio was 0.68. The lowest was 0.21. And the median was 0.29.

TSE:7422's Cyclically Adjusted PB Ratio is ranked better than
84.67% of 848 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.95 vs TSE:7422: 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.

Toho Lamac Co's adjusted book value per share data for the three months ended in Jun. 2026 was 円877.267. 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1,086.18 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toho Lamac Co  (TSE:7422) 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 Lamac Co Cyclically Adjusted PB Ratio Related Terms


Toho Lamac Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Toho Lamac 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.

Toho Lamac Co Cyclically Adjusted PB Ratio Chart

Toho Lamac Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.23 0.32 0.40 0.45

Toho Lamac Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.35 0.50 0.45 0.35 0.33

TSE:7422 vs NKE, DECK, ONON: Cyclically Adjusted PB Ratio Comparison

For the Footwear & Accessories subindustry, Toho Lamac 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 Lamac Co Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Toho Lamac Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:7422
40GF Score
Toho Lamac Co Ltd TSE:7422
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=354.00/1086.18
=0.33

* 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 Lamac Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Toho Lamac Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=877.267/113.6000*113.6000
=877.267

Current CPI (Jun. 2026) = 113.6000.

Toho Lamac Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 1,068.941 98.100 1,237.836
201609 1,083.518 98.000 1,255.996
201612 1,158.840 98.400 1,337.848
201703 1,137.216 98.100 1,316.898
201706 1,146.140 98.500 1,321.843
201709 1,127.442 98.800 1,296.330
201712 1,155.140 99.400 1,320.160
201803 1,118.857 99.200 1,281.272
201806 1,125.097 99.200 1,288.418
201809 1,098.802 99.900 1,249.489
201812 1,047.783 99.700 1,193.863
201903 1,038.932 99.700 1,183.778
201906 1,039.308 99.800 1,183.020
201909 1,013.340 100.100 1,150.004
201912 1,024.240 100.500 1,157.748
202003 976.349 100.300 1,105.815
202006 975.518 99.900 1,109.298
202009 953.501 99.900 1,084.261
202012 956.803 99.300 1,094.590
202103 963.175 99.900 1,095.262
202106 955.527 99.500 1,090.933
202109 930.196 100.100 1,055.647
202112 914.612 100.100 1,037.961
202203 897.577 101.100 1,008.553
202206 901.364 101.800 1,005.844
202209 914.334 103.100 1,007.452
202212 884.220 104.100 964.913
202303 888.326 104.400 966.608
202306 903.327 105.200 975.456
202309 889.720 106.200 951.716
202312 873.221 106.800 928.819
202403 877.318 107.200 929.695
202406 884.915 108.200 929.079
202412 917.569 110.700 941.606
202503 894.629 111.100 914.760
202506 902.257 111.700 917.604
202509 895.152 112.000 907.940
202512 888.698 113.000 893.417
202603 871.097 112.700 878.053
202606 877.267 113.600 877.267

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.

What does a Cyclically Adjusted PB Ratio of 0.33 mean?
Toho Lamac Co (TSE:7422) has a Cyclically Adjusted PB Ratio of 0.33 as of Aug. 06, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Toho Lamac Co and its competitors. This is 14% above median its historical median of 0.29. Over the past decade, Toho Lamac Co's Cyclically Adjusted PB Ratio has ranged from 0.21 to 0.68. According to the industry distribution chart, Toho Lamac Co ranks #130 out of 848 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 15.3%.
Is Toho Lamac Co's Cyclically Adjusted PB Ratio too high?
Toho Lamac Co's current Cyclically Adjusted PB Ratio of 0.33 is 14% above median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 0.68. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.95. Toho Lamac Co's value of 0.33 is 65.3% below this industry median. Based on the distribution chart, Toho Lamac Co ranks #130 out of 848 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Toho Lamac Co has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toho Lamac Co's Cyclically Adjusted PB Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Toho Lamac Co ranks #130 out of 848 companies for Cyclically Adjusted PB Ratio. This places Toho Lamac Co in the top 15% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.95. Toho Lamac Co's value of 0.33 is 65.3% below this benchmark. Historically, Toho Lamac Co's own Cyclically Adjusted PB Ratio has ranged from 0.21 to 0.68 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 0.95, Toho Lamac Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.95, based on 848 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Toho Lamac Co's current Cyclically Adjusted PB Ratio of 0.33 is 65.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Toho Lamac Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toho Lamac Co's current Cyclically Adjusted PB Ratio is 0.33, which is 14% above median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toho Lamac Co stock overvalued right now?
Based on GuruFocus' analysis, Toho Lamac Co (TSE:7422) is currently considered Significantly Overvalued. The stock's GF Value™ is 円230.18, compared to a current price of 円354.00 — trading 53.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.33, which is 14% above median its 10-year median of 0.29 and 65.3% below the Manufacturing - Apparel & Accessories industry median of 0.95. Toho Lamac Co's overall GF Score™ is 40/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Toho Lamac Co (TSE:7422), the current Cyclically Adjusted PB Ratio is 0.33 as of Aug. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Toho Lamac Co (TSE:7422) Overvalued in 2026?

Based on GuruFocus' analysis, Toho Lamac Co stock appears to be overvalued. The current stock price of 円354.00 is trading 53.8% above its estimated GF Value™ of 円230.18. GuruFocus considers Toho Lamac Co to be Significantly Overvalued.

Key valuation signals for TSE:7422:

  • Cyclically Adjusted PB Ratio: 0.33 (14% above median its 10-year median of 0.29)
  • GF Value™: 円230.18 vs. price of 円354.00 (53.8% above fair value)
  • GF Score™: 40/100 with 4 warning signs
  • Industry Position: 65.3% below the Manufacturing - Apparel & Accessories median (#130 of 848)

No single metric tells the full story. See the TSE:7422 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toho Lamac Co Business Description

Address 3-42-6 Yushima, Bunkyo-ku, Tokyo, JPN, 113-8513
Toho Lamac Co Ltd is engaged in wholesaling of all-purpose shoes for men, women, and children. The company products include: synthetic leather shoes, sports shoes, bicycles, and luxury brand shoes, among others. It markets its products under the Shoezoo, Sonia Parenti, Fit Partner, Nice Claup, Apricot, Leon, Hocco, &Rouge, B.C.Company, Mc Marie Claire, Keds, Royal Albert Hall, And Simple Life brand names.
40GF Score

Get the complete analysis for TSE:7422

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円354.00
Price
円230.18
GF Value