MECGF (MEC Co) Cyclically Adjusted Book per Share: $5.49 (As of Dec. 2025)

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MECGF MEC Co Ltd MECGF
77 GF Score
Price $47.16
GF Value $25.24
Valuation Significantly Overvalued
View Full Analysis

What is MEC Co Cyclically Adjusted Book per Share?

MEC Co MECGF 77 Cyclically Adjusted Book per Share is $5.49 as of Dec. 2025. GuruFocus rates MECGF with a GF Score™ of 77/100 and a GF Value™ of $25.24 (Significantly Overvalued).

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.

MEC Co's adjusted book value per share for the three months ended in Dec. 2025 was $10.703. 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 $5.49 for the trailing ten years ended in Dec. 2025.

During the past 12 months, MEC Co's average Cyclically Adjusted Book Growth Rate was 10.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.50% 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 MEC Co was 13.40% per year. The lowest was 8.00% per year. And the median was 11.80% per year.

As of today (2026-08-09), MEC Co's current stock price is $47.16. MEC Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was $5.49. MEC Co's Cyclically Adjusted PB Ratio of today is 8.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of MEC Co was 10.12. The lowest was 1.76. And the median was 3.53.


MEC Co  (OTCPK:MECGF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=47.16/5.49
=8.59

* 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 MEC Co was 10.12. The lowest was 1.76. And the median was 3.53.


Be Aware

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


MEC Co Cyclically Adjusted Book per Share Related Terms


MEC Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for MEC 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.

MEC Co Cyclically Adjusted Book per Share Chart

MEC Co Annual Data
Trend Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 5.12 7.25 5.49

MEC Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 11.30 9.85 7.08 5.49 0.00

MECGF vs LIN, SHW, ECL: Cyclically Adjusted Book per Share Comparison

For the Specialty Chemicals subindustry, MEC 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.


MEC Co Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, MEC Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MECGF
77GF Score
MEC Co Ltd MECGF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MEC 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, MEC Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book= Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=10.703/113.0000*113.0000
=10.703

Current CPI (Dec. 2025) = 113.0000.

MEC Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 5.600 97.900 6.464
201606 5.947 98.100 6.850
201609 6.161 98.000 7.104
201612 5.616 98.400 6.449
201703 6.056 98.100 6.976
201706 6.264 98.500 7.186
201709 6.567 98.800 7.511
201712 6.737 99.400 7.659
201803 7.138 99.200 8.131
201806 7.090 99.200 8.076
201809 7.152 99.900 8.090
201812 7.125 99.700 8.075
201903 7.177 99.700 8.134
201906 7.354 99.800 8.327
201909 7.507 100.100 8.474
201912 7.772 100.500 8.739
202003 7.799 100.300 8.787
202006 8.104 99.900 9.167
202009 8.379 99.900 9.478
202012 8.869 99.300 10.093
202103 8.876 99.900 10.040
202106 9.198 99.500 10.446
202109 9.466 100.100 10.686
202112 9.688 100.100 10.937
202203 9.609 101.100 10.740
202206 8.960 101.800 9.946
202209 8.486 103.100 9.301
202212 9.094 104.100 9.871
202303 9.108 104.400 9.858
202306 9.011 105.200 9.679
202309 8.749 106.200 9.309
202312 9.190 106.800 9.724
202403 9.035 107.200 9.524
202406 9.111 108.200 9.515
202409 9.862 108.900 10.233
202412 9.339 110.700 9.533
202503 9.390 111.100 9.551
202506 10.291 111.700 10.411
202509 10.486 112.000 10.580
202512 10.703 113.000 10.703

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

What does a Cyclically Adjusted Book per Share of $5.49 mean?
MEC Co (MECGF) has a Cyclically Adjusted Book per Share of $5.49 as of Dec. 2025. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on MEC Co and its competitors.
Is MEC Co's Cyclically Adjusted Book per Share too high?
MEC Co's current Cyclically Adjusted Book per Share is $5.49. Overall, MEC Co has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MEC Co's Cyclically Adjusted Book per Share compare to LIN and SHW?
MEC Co's Cyclically Adjusted Book per Share of $5.49 can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Chemicals company?
A good Cyclically Adjusted Book per Share depends on the Chemicals industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on MEC Co and its competitors. MEC Co's current Cyclically Adjusted Book per Share is $5.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MEC Co stock overvalued right now?
Based on GuruFocus' analysis, MEC Co (MECGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $25.24, compared to a current price of $47.16 — trading 86.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is $5.49. MEC Co's overall GF Score™ is 77/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For MEC Co (MECGF), the current Cyclically Adjusted Book per Share is $5.49 as of Dec. 2025. 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 MEC Co (MECGF) Overvalued in 2026?

Based on GuruFocus' analysis, MEC Co stock appears to be overvalued. The current stock price of $47.16 is trading 86.8% above its estimated GF Value™ of $25.24. GuruFocus considers MEC Co to be Significantly Overvalued.

Key valuation signals for MECGF:

  • Cyclically Adjusted Book per Share: $5.49
  • GF Value™: $25.24 vs. price of $47.16 (86.8% above fair value)
  • GF Score™: 77/100

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


MEC Co Business Description

Other Exchanges 4971:Japan
Address 3-4-1, Kuise Minamishimmachi, Hyogo Prefecture, Amagasaki, JPN, 660-0822
MEC Co Ltd is a Japan-based chemical manufacturer. The company manufacture and sale of chemicals for electronic circuit boards and electronic components, as well as the sale of machinery and materials for electronic circuit boards. Its products are used in automobile, smartphone, and computer. Its products used in Chemicals for electronic substrates and AMALPHA : Resin-to-metal bonding technology from MEC.
77GF Score

Get the complete analysis for MECGF

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

$47.16
Price
$25.24
GF Value