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Toyota Tsusho (Toyota Tsusho) Cyclically Adjusted PB Ratio : 2.58 (As of Jun. 09, 2024)


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What is Toyota Tsusho Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Toyota Tsusho's current share price is $62.01. Toyota Tsusho's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $24.06. Toyota Tsusho's Cyclically Adjusted PB Ratio for today is 2.58.

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

TYHOF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.54   Max: 2.63
Current: 2.23

During the past years, Toyota Tsusho's highest Cyclically Adjusted PB Ratio was 2.63. The lowest was 0.76. And the median was 1.54.

TYHOF's Cyclically Adjusted PB Ratio is ranked worse than
75.17% of 451 companies
in the Conglomerates industry
Industry Median: 0.97 vs TYHOF: 2.23

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.

Toyota Tsusho's adjusted book value per share data for the three months ended in Mar. 2024 was $46.799. 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 $24.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toyota Tsusho Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Toyota Tsusho'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.

Toyota Tsusho Cyclically Adjusted PB Ratio Chart

Toyota Tsusho 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 0.93 1.59 1.57 1.54 2.50

Toyota Tsusho Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.54 1.89 2.26 2.07 2.50

Competitive Comparison of Toyota Tsusho's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Toyota Tsusho'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.


Toyota Tsusho's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Toyota Tsusho's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Toyota Tsusho 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.

Toyota Tsusho's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=62.01/24.06
=2.58

* 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.

Toyota Tsusho's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Toyota Tsusho'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)
=46.799/107.2000*107.2000
=46.799

Current CPI (Mar. 2024) = 107.2000.

Toyota Tsusho Quarterly Data

Book Value per Share CPI Adj_Book
201406 26.989 98.000 29.523
201409 26.594 98.500 28.943
201412 25.726 97.900 28.170
201503 27.164 97.900 29.744
201506 25.389 98.400 27.660
201509 25.292 98.500 27.526
201512 24.651 98.100 26.938
201603 23.825 97.900 26.088
201606 22.036 98.100 24.080
201609 22.700 98.000 24.831
201612 22.032 98.400 24.002
201703 26.441 98.100 28.894
201706 27.965 98.500 30.435
201709 29.742 98.800 32.271
201712 30.699 99.400 33.108
201803 31.480 99.200 34.019
201806 30.056 99.200 32.480
201809 30.658 99.900 32.898
201812 29.430 99.700 31.644
201903 30.576 99.700 32.876
201906 31.908 99.800 34.274
201909 32.075 100.100 34.350
201912 32.892 100.500 35.085
202003 31.588 100.300 33.761
202006 32.008 99.900 34.347
202009 33.952 99.900 36.433
202012 36.792 99.300 39.719
202103 38.428 99.900 41.236
202106 39.264 99.500 42.303
202109 40.932 100.100 43.835
202112 41.211 100.100 44.134
202203 41.586 101.100 44.095
202206 39.888 101.800 42.004
202209 36.867 103.100 38.333
202212 39.064 104.100 40.227
202303 40.703 104.400 41.795
202306 42.360 105.200 43.165
202309 43.415 106.200 43.824
202312 44.626 106.800 44.793
202403 46.799 107.200 46.799

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.


Toyota Tsusho  (OTCPK:TYHOF) 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.


Toyota Tsusho Cyclically Adjusted PB Ratio Related Terms

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


Toyota Tsusho (Toyota Tsusho) Business Description

Traded in Other Exchanges
Address
9-8, Meieki 4-chome, Nakamura-ku, Nagoya, JPN, 450-8575
Toyota Tsusho Corporation is a trading company. The company has six major divisions. The Metal division processes and distributes various steel products, and others. Global Parts and Logistics division is engaged in warehousing and logistics services and others. Automobile division is engaged in automobile parts selling, used vehicles and parts exporting/importing, and others. Machinery, Energy and Plant Project division provides mechanical equipment, various industrial machineries, petroleum products and others. Chemical and Electronics division provides semiconductors, electronic devices, software, chemicals, resins and others. Food and Customer Services division manufactures and sells apparel, food and others. Asian market accounts for majority of the company's sales.

Toyota Tsusho (Toyota Tsusho) Headlines

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