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Tamron Co (Tamron Co) Cyclically Adjusted Book per Share : $14.87 (As of Mar. 2024)


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What is Tamron Co Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Tamron Co's adjusted book value per share for the three months ended in Mar. 2024 was $23.053. 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 $14.87 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tamron Co's average Cyclically Adjusted Book Growth Rate was 9.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Tamron Co was 9.00% per year. The lowest was 4.30% per year. And the median was 5.65% per year.

As of today (2024-05-16), Tamron Co's current stock price is $52.05. Tamron Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $14.87. Tamron Co's Cyclically Adjusted PB Ratio of today is 3.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tamron Co was 3.48. The lowest was 0.87. And the median was 1.39.


Tamron Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tamron Co's Cyclically Adjusted Book per Share 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.

Tamron Co Cyclically Adjusted Book per Share Chart

Tamron Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.86 19.53 13.32 14.18 11.63

Tamron Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 16.52 14.69 13.25 11.63 14.87

Competitive Comparison of Tamron Co's Cyclically Adjusted Book per Share

For the Leisure subindustry, Tamron 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.


Tamron Co's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tamron Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Tamron Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=23.053/107.2000*107.2000
=23.053

Current CPI (Mar. 2024) = 107.2000.

Tamron Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.754 98.000 18.327
201409 16.594 98.500 18.060
201412 15.874 97.900 17.382
201503 14.651 97.900 16.043
201506 15.605 98.400 17.001
201509 15.705 98.500 17.092
201512 15.542 98.100 16.984
201603 15.877 97.900 17.385
201606 16.415 98.100 17.938
201609 16.775 98.000 18.350
201612 15.738 98.400 17.145
201703 15.710 98.100 17.167
201706 16.487 98.500 17.943
201709 16.790 98.800 18.217
201712 17.059 99.400 18.398
201803 17.733 99.200 19.163
201806 17.316 99.200 18.712
201809 17.318 99.900 18.583
201812 17.611 99.700 18.936
201903 17.750 99.700 19.085
201906 18.469 99.800 19.838
201909 18.811 100.100 20.145
201912 19.425 100.500 20.720
202003 16.039 100.300 17.142
202006 16.143 99.900 17.323
202009 16.577 99.900 17.788
202012 21.154 99.300 22.837
202103 20.957 99.900 22.488
202106 21.313 99.500 22.962
202109 21.741 100.100 23.283
202112 22.137 100.100 23.707
202203 21.936 101.100 23.260
202206 20.987 101.800 22.100
202209 20.301 103.100 21.108
202212 21.489 104.100 22.129
202303 21.885 104.400 22.472
202306 22.362 105.200 22.787
202309 22.224 106.200 22.433
202312 23.486 106.800 23.574
202403 23.053 107.200 23.053

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Tamron Co  (OTCPK:TMRNF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Tamron Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=52.05/14.87
=3.50

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tamron Co was 3.48. The lowest was 0.87. And the median was 1.39.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Tamron Co Cyclically Adjusted Book per Share Related Terms

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


Tamron Co (Tamron Co) Business Description

Traded in Other Exchanges
Address
1385 Hasunuma, Minuma-ku, Saitama, JPN, 337-8556
Tamron Co Ltd is a Japanese manufacturer of optical and photographic lenses. The company organises itself into three segments: photographic products, optical components, and commercial/industrial-use optics. The photographic products segment, which contributes most company revenue, produces interchangeable lenses for SLR cameras. The optical components segment includes mobile phone, camcorder, and digital camera lenses. The commercial/industrial-use optics segment, the second largest contributor to revenue, produces lenses for CCTV cameras and automotive cameras. The company's most significant geographical segment is Asia (ex. Japan), followed by sales made in Japan, in Europe, and in North America.

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