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Toyoda Gosei Co (Toyoda Gosei Co) Cyclically Adjusted PB Ratio : 0.89 (As of Apr. 27, 2024)


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What is Toyoda Gosei Co Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Toyoda Gosei Co's current share price is $35.20. Toyoda Gosei Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $39.41. Toyoda Gosei Co's Cyclically Adjusted PB Ratio for today is 0.89.

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

TGOSY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.02   Max: 1.45
Current: 1.07

During the past years, Toyoda Gosei Co's highest Cyclically Adjusted PB Ratio was 1.45. The lowest was 0.70. And the median was 1.02.

TGOSY's Cyclically Adjusted PB Ratio is ranked better than
55.6% of 901 companies
in the Vehicles & Parts industry
Industry Median: 1.23 vs TGOSY: 1.07

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.

Toyoda Gosei Co's adjusted book value per share data for the three months ended in Dec. 2023 was $53.779. 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 $39.41 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toyoda Gosei Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Toyoda Gosei 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.

Toyoda Gosei Co Cyclically Adjusted PB Ratio Chart

Toyoda Gosei Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 0.81 1.22 0.79 0.82

Toyoda Gosei Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.75 0.82 0.96 1.10 0.89

Competitive Comparison of Toyoda Gosei Co's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Toyoda Gosei 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.


Toyoda Gosei Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Toyoda Gosei Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Toyoda Gosei 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=35.20/39.41
=0.89

* 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.

Toyoda Gosei Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Toyoda Gosei Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=53.779/106.8000*106.8000
=53.779

Current CPI (Dec. 2023) = 106.8000.

Toyoda Gosei Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 42.255 95.700 47.156
201406 42.609 98.000 46.435
201409 42.246 98.500 45.806
201412 40.229 97.900 43.886
201503 40.269 97.900 43.930
201506 39.632 98.400 43.015
201509 40.450 98.500 43.858
201512 40.469 98.100 44.058
201603 41.580 97.900 45.360
201606 42.704 98.100 46.491
201609 44.908 98.000 48.941
201612 42.540 98.400 46.171
201703 44.778 98.100 48.749
201706 44.281 98.500 48.012
201709 45.778 98.800 49.485
201712 45.595 99.400 48.989
201803 49.611 99.200 53.412
201806 48.144 99.200 51.832
201809 47.568 99.900 50.853
201812 47.161 99.700 50.520
201903 49.231 99.700 52.737
201906 49.815 99.800 53.309
201909 51.212 100.100 54.640
201912 50.026 100.500 53.162
202003 49.522 100.300 52.731
202006 48.510 99.900 51.861
202009 50.273 99.900 53.745
202012 53.190 99.300 57.207
202103 55.588 99.900 59.427
202106 56.280 99.500 60.409
202109 56.212 100.100 59.974
202112 55.245 100.100 58.943
202203 55.865 101.100 59.015
202206 51.241 101.800 53.758
202209 48.925 103.100 50.681
202212 50.550 104.100 51.861
202303 51.816 104.400 53.007
202306 51.919 105.200 52.709
202309 51.807 106.200 52.100
202312 53.779 106.800 53.779

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.


Toyoda Gosei Co  (OTCPK:TGOSY) 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.


Toyoda Gosei Co Cyclically Adjusted PB Ratio Related Terms

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Toyoda Gosei Co (Toyoda Gosei Co) Business Description

Traded in Other Exchanges
Address
1 Haruhinagahata, Aichi, Kiyosu, JPN, 452-8564
Toyoda Gosei Co Ltd is a manufacturer of resins and rubber parts for automobiles. The company's products fall in three categories: automotive parts, LEDs, and general industry products. The automotive parts segment, making up the lion's share of Toyoda Gosei's generated revenue, produces weather strips, fuel tank and engine peripheral parts, chassis and drivetrain parts, interior and exterior parts, and safety systems such as airbags. In its other business segments, the company produces LEDs for crystal displays, LED light solutions and glass-encapsulated LEDs, air conditioning products, home construction components, and industrial and construction machinery parts.

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