Shin-Etsu Chemical Co (MEX:4063N) Cyclically Adjusted Book per Share: MXN156.73 (As of Mar. 2026)

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MEX:4063N Shin-Etsu Chemical Co Ltd MEX:4063N
65 GF Score
Price MXN758.71
GF Value MXN508.18
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Shin-Etsu Chemical Co Cyclically Adjusted Book per Share?

Shin-Etsu Chemical Co MEX:4063N 65 Cyclically Adjusted Book per Share is MXN156.73 as of Mar. 2026. GuruFocus rates MEX:4063N with a GF Score™ of 65/100 and a GF Value™ of MXN508.18 (Significantly Overvalued). The stock has 7 warning signs investors should review.

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.

Shin-Etsu Chemical Co's adjusted book value per share for the three months ended in Mar. 2026 was MXN273.245. 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 MXN156.73 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Shin-Etsu Chemical Co's average Cyclically Adjusted Book Growth Rate was 9.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.00% 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 Shin-Etsu Chemical Co was 12.60% per year. The lowest was 6.00% per year. And the median was 9.40% per year.

As of today (2026-07-14), Shin-Etsu Chemical Co's current stock price is MXN758.71. Shin-Etsu Chemical Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN156.73. Shin-Etsu Chemical Co's Cyclically Adjusted PB Ratio of today is 4.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Shin-Etsu Chemical Co was 5.13. The lowest was 1.73. And the median was 2.95.


Shin-Etsu Chemical Co  (MEX:4063N) 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.

Shin-Etsu Chemical Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=758.71/156.73
=4.84

* 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 Shin-Etsu Chemical Co was 5.13. The lowest was 1.73. And the median was 2.95.


Be Aware

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


Shin-Etsu Chemical Co Cyclically Adjusted Book per Share Related Terms


Shin-Etsu Chemical Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Shin-Etsu Chemical 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.

Shin-Etsu Chemical Co Cyclically Adjusted Book per Share Chart

Shin-Etsu Chemical Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 233.30 156.73

Shin-Etsu Chemical 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 233.30 212.24 193.15 197.83 156.73

MEX:4063N vs DOW: Cyclically Adjusted Book per Share Comparison

For the Chemicals subindustry, Shin-Etsu Chemical 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.


Shin-Etsu Chemical Co Cyclically Adjusted PB Ratio vs Chemicals Industry

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

* The bar in red indicates where Shin-Etsu Chemical Co's Cyclically Adjusted PB Ratio falls into.


MEX:4063N
65GF Score
Shin-Etsu Chemical Co Ltd MEX:4063N
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shin-Etsu Chemical 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, Shin-Etsu Chemical Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=273.245/112.7000*112.7000
=273.245

Current CPI (Mar. 2026) = 112.7000.

Shin-Etsu Chemical Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 164.889 98.100 189.429
201609 175.550 98.000 201.883
201612 165.621 98.400 189.690
201703 166.835 98.100 191.665
201706 163.432 98.500 186.993
201709 169.377 98.800 193.206
201712 183.939 99.400 208.551
201803 188.901 99.200 214.608
201806 197.780 99.200 224.696
201809 193.993 99.900 218.849
201812 206.354 99.700 233.261
201903 206.581 99.700 233.517
201906 213.306 99.800 240.878
201909 224.375 100.100 252.618
201912 213.996 100.500 239.974
202003 277.999 100.300 312.368
202006 274.568 99.900 309.748
202009 274.550 99.900 309.728
202012 253.382 99.300 287.575
202103 254.793 99.900 287.439
202106 255.139 99.500 288.987
202109 274.955 100.100 309.565
202112 272.504 100.100 306.805
202203 269.129 101.100 300.008
202206 250.494 101.800 277.315
202209 260.429 103.100 284.678
202212 281.956 104.100 305.249
202303 258.952 104.400 279.539
202306 236.766 105.200 253.646
202309 248.368 106.200 263.569
202312 251.885 106.800 265.800
202403 236.572 107.200 248.710
202406 0.000 108.200 0.000
202409 327.056 108.900 338.468
202412 301.402 110.700 306.847
202503 326.472 111.100 331.174
202506 288.515 111.700 291.098
202509 279.832 112.000 281.581
202512 266.542 113.000 265.834
202603 273.245 112.700 273.245

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 MXN156.73 mean?
Shin-Etsu Chemical Co (MEX:4063N) has a Cyclically Adjusted Book per Share of MXN156.73 as of Mar. 2026. 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 Shin-Etsu Chemical Co and its competitors.
Is Shin-Etsu Chemical Co's Cyclically Adjusted Book per Share too high?
Shin-Etsu Chemical Co's current Cyclically Adjusted Book per Share is MXN156.73. Overall, Shin-Etsu Chemical Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shin-Etsu Chemical Co's Cyclically Adjusted Book per Share compare to DOW?
Shin-Etsu Chemical Co's Cyclically Adjusted Book per Share of MXN156.73 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 Shin-Etsu Chemical Co and its competitors. Shin-Etsu Chemical Co's current Cyclically Adjusted Book per Share is MXN156.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin-Etsu Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Shin-Etsu Chemical Co (MEX:4063N) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN508.18, compared to a current price of MXN758.71 — trading 49.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN156.73. Shin-Etsu Chemical Co's overall GF Score™ is 65/100 with 7 warning signs to review. 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 Shin-Etsu Chemical Co (MEX:4063N), the current Cyclically Adjusted Book per Share is MXN156.73 as of Mar. 2026. 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 Shin-Etsu Chemical Co (MEX:4063N) Overvalued in 2026?

Based on GuruFocus' analysis, Shin-Etsu Chemical Co stock appears to be overvalued. The current stock price of MXN758.71 is trading 49.3% above its estimated GF Value™ of MXN508.18. GuruFocus considers Shin-Etsu Chemical Co to be Significantly Overvalued.

Key valuation signals for MEX:4063N:

  • Cyclically Adjusted Book per Share: MXN156.73
  • GF Value™: MXN508.18 vs. price of MXN758.71 (49.3% above fair value)
  • GF Score™: 65/100 with 7 warning signs

No single metric tells the full story. See the MEX:4063N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin-Etsu Chemical Co Business Description

Address 1-4-1 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-0005
Shin Etsu Chemical is an industrial conglomerate that was founded in 1926. Some of its largest product groups are silicon metal, polymer, silicone, rare-earth, and cellulose products. It holds top rankings in several markets, notably as the largest PVC and silicon wafer producer globally. Shin-Etsu is most exposed to the construction, semiconductors, and pharmaceutical sectors. Shin Etsu employed 27,342 people as of March 31, 2026, and has production bases in 17 countries.
65GF Score

Get the complete analysis for MEX:4063N

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

MXN758.71
Price
MXN508.18
GF Value