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Tama Home Co (TSE:1419) Cyclically Adjusted PB Ratio : 6.52 (As of May. 23, 2024)


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What is Tama Home Co Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Tama Home Co's current share price is 円4535.00. Tama Home Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円696.03. Tama Home Co's Cyclically Adjusted PB Ratio for today is 6.52.

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

TSE:1419' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.88   Med: 5.39   Max: 6.57
Current: 6.54

During the past years, Tama Home Co's highest Cyclically Adjusted PB Ratio was 6.57. The lowest was 3.88. And the median was 5.39.

TSE:1419's Cyclically Adjusted PB Ratio is ranked worse than
93.59% of 78 companies
in the Homebuilding & Construction industry
Industry Median: 1.42 vs TSE:1419: 6.54

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.

Tama Home Co's adjusted book value per share data for the three months ended in Feb. 2024 was 円1,046.629. 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696.03 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tama Home Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tama Home 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.

Tama Home Co Cyclically Adjusted PB Ratio Chart

Tama Home Co Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 4.23 5.44

Tama Home Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 5.50 5.44 5.37 5.10 6.03

Competitive Comparison of Tama Home Co's Cyclically Adjusted PB Ratio

For the Residential Construction subindustry, Tama Home 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.


Tama Home Co's Cyclically Adjusted PB Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Tama Home Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Tama Home 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4535.00/696.03
=6.52

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=1046.629/106.9000*106.9000
=1,046.629

Current CPI (Feb. 2024) = 106.9000.

Tama Home Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 507.323 98.100 552.832
201408 432.728 98.300 470.586
201411 431.863 97.900 471.564
201502 408.041 97.600 446.922
201505 467.763 98.700 506.625
201508 390.108 98.400 423.806
201511 381.524 98.100 415.748
201602 353.509 97.800 386.402
201605 442.976 98.200 482.221
201608 363.956 97.900 397.415
201611 368.548 98.600 399.572
201702 370.844 98.100 404.110
201705 463.072 98.600 502.053
201708 389.376 98.500 422.582
201711 425.143 99.100 458.605
201802 413.864 99.500 444.644
201805 515.208 99.300 554.640
201808 450.495 99.800 482.544
201811 551.008 100.000 589.028
201902 519.467 99.700 556.981
201905 603.411 100.000 645.046
201908 593.792 100.000 634.764
201911 638.832 100.500 679.514
202002 673.729 100.300 718.062
202005 718.908 100.100 767.745
202008 690.289 100.100 737.182
202011 753.196 99.500 809.213
202102 792.374 99.800 848.745
202105 887.431 99.400 954.390
202108 850.868 99.700 912.315
202111 916.180 100.100 978.418
202202 943.548 100.700 1,001.641
202205 1,053.497 101.800 1,106.275
202208 993.370 102.700 1,033.995
202211 1,083.493 103.900 1,114.778
202302 1,079.432 104.000 1,109.532
202305 1,203.072 105.100 1,223.676
202308 1,053.322 105.900 1,063.268
202311 1,087.025 106.900 1,087.025
202402 1,046.629 106.900 1,046.629

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.


Tama Home Co  (TSE:1419) 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.


Tama Home Co Cyclically Adjusted PB Ratio Related Terms

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


Tama Home Co (TSE:1419) Business Description

Traded in Other Exchanges
N/A
Address
3-22-9 Takanawa, Minato-ku, Tokyo, JPN, 108-0074
Tama Home Co Ltd is engaged in construction, architectural design, real estate, and insurance agency. It operates through the segments namely Housing Segment, Real Estate Segment, Financial Segment and Other Business Segment. It is involved in construction contractor for custom-built homes, multi-unit homes, the sale of residential lots, development and sale of condominiums and subleasing of office buildings. In addition, it also includes insurance agency services for fire, earthquake, additional policies and agency services, the sale of home furniture and interior construction work, construction contractor for retail facilities and others. It is also involved in the energy and restaurant business. The company generates the majority of its revenue from the Housing segment.

Tama Home Co (TSE:1419) Headlines

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