Mitsubishi Materials (STU:MUJ) Cyclically Adjusted Book per Share: €28.70 (As of Dec. 2025)


STU:MUJ Mitsubishi Materials Corp STU:MUJ
63 GF Score
Price €23.20
GF Value €16.33
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Mitsubishi Materials Cyclically Adjusted Book per Share?

Mitsubishi Materials STU:MUJ -6.45% 63 Cyclically Adjusted Book per Share is €28.70 as of Dec. 2025. GuruFocus rates STU:MUJ with a GF Score™ of 63/100 and a GF Value™ of €16.33 (Significantly Overvalued). The stock has 6 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.

Mitsubishi Materials's adjusted book value per share for the three months ended in Dec. 2025 was €30.054. 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 €28.70 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Mitsubishi Materials's average Cyclically Adjusted Book Growth Rate was -100.00% 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 Mitsubishi Materials was 7.80% per year. The lowest was 3.80% per year. And the median was 5.50% per year.

As of today (2026-07-08), Mitsubishi Materials's current stock price is €23.20. Mitsubishi Materials's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was €28.70. Mitsubishi Materials's Cyclically Adjusted PB Ratio of today is 0.81.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mitsubishi Materials was 1.25. The lowest was 0.43. And the median was 0.59.


Mitsubishi Materials  (STU:MUJ) 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.

Mitsubishi Materials's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=23.20/28.70
=0.81

* 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 Mitsubishi Materials was 1.25. The lowest was 0.43. And the median was 0.59.


Be Aware

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


Mitsubishi Materials Cyclically Adjusted Book per Share Related Terms


Mitsubishi Materials Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Mitsubishi Materials'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.

Mitsubishi Materials Cyclically Adjusted Book per Share Chart

Mitsubishi Materials 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 31.21 30.94 28.48 31.29 0.00

Mitsubishi Materials 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 31.29 29.70 28.87 28.70 0.00

Mitsubishi Materials Cyclically Adjusted Book per Share Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Mitsubishi Materials'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.


Mitsubishi Materials Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mitsubishi Materials's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:MUJ
63GF Score
Mitsubishi Materials Corp STU:MUJ
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitsubishi Materials 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, Mitsubishi Materials'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)
=30.054/113.0000*113.0000
=30.054

Current CPI (Dec. 2025) = 113.0000.

Mitsubishi Materials Quarterly Data

Book Value per Share CPI Adj_Book
201603 33.702 97.900 38.900
201606 34.771 98.100 40.052
201609 36.934 98.000 42.587
201612 36.954 98.400 42.437
201703 39.276 98.100 45.241
201706 38.208 98.500 43.833
201709 36.918 98.800 42.224
201712 40.266 99.400 45.775
201803 39.853 99.200 45.397
201806 40.360 99.200 45.975
201809 39.462 99.900 44.637
201812 38.794 99.700 43.969
201903 38.526 99.700 43.665
201906 38.382 99.800 43.459
201909 39.834 100.100 44.967
201912 40.002 100.500 44.977
202003 32.532 100.300 36.651
202006 31.394 99.900 35.511
202009 29.027 99.900 32.833
202012 30.617 99.300 34.841
202103 32.249 99.900 36.478
202106 32.721 99.500 37.161
202109 33.576 100.100 37.903
202112 34.974 100.100 39.481
202203 34.279 101.100 38.314
202206 32.542 101.800 36.122
202209 33.166 103.100 36.351
202212 30.920 104.100 33.563
202303 31.737 104.400 34.351
202306 30.353 105.200 32.604
202309 30.325 106.200 32.267
202312 30.573 106.800 32.348
202403 30.727 107.200 32.389
202406 30.550 108.200 31.905
202409 31.854 108.900 33.053
202412 32.800 110.700 33.481
202503 32.166 111.100 32.716
202506 30.298 111.700 30.651
202509 29.757 112.000 30.023
202512 30.054 113.000 30.054

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 €28.70 mean?
Mitsubishi Materials (STU:MUJ) has a Cyclically Adjusted Book per Share of €28.70 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 Mitsubishi Materials and its competitors.
Is Mitsubishi Materials' Cyclically Adjusted Book per Share too high?
Mitsubishi Materials' current Cyclically Adjusted Book per Share is €28.70. Overall, Mitsubishi Materials has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Materials' Cyclically Adjusted Book per Share compare to competitors?
Mitsubishi Materials' Cyclically Adjusted Book per Share of €28.70 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Cyclically Adjusted Book per Share depends on the Metals & Mining 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 Mitsubishi Materials and its competitors. Mitsubishi Materials's current Cyclically Adjusted Book per Share is €28.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Materials stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Materials (STU:MUJ) is currently considered Significantly Overvalued. The stock's GF Value™ is €16.33, compared to a current price of €23.20 — trading 42.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is €28.70. Mitsubishi Materials' overall GF Score™ is 63/100 with 6 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 Mitsubishi Materials (STU:MUJ), the current Cyclically Adjusted Book per Share is €28.70 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 Mitsubishi Materials (STU:MUJ) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsubishi Materials stock appears to be overvalued. The current stock price of €23.20 is trading 42.1% above its estimated GF Value™ of €16.33. GuruFocus considers Mitsubishi Materials to be Significantly Overvalued.

Key valuation signals for STU:MUJ:

  • Cyclically Adjusted Book per Share: €28.70
  • GF Value™: €16.33 vs. price of €23.20 (42.1% above fair value)
  • GF Score™: 63/100 with 6 warning signs

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


Mitsubishi Materials Business Description

Other Exchanges MIMTF:USA5711:Japan
Address 2-3 Marunouchi 3-chome, Chiyoda-ku, Tokyo, JPN, 100-8117
Mitsubishi Materials Corp is a Japan-based company engaged in the production of processed copper products, electronic materials, and cemented carbide products, as well as the smelting and sale of metals such as copper, gold, silver, and palladium. The company operates through four segments. The Highly Functional Products segment includes processed copper products and electronic materials. The Metal segment is engaged in the smelting and refining of non-ferrous metals, including copper, gold, silver, lead, tin, and palladium, as well as the recycling of home appliances. The Processing segment covers carbide products, while the Renewable Energy segment focuses on renewable energy operations. The Other segment includes cement-related and engineering-related businesses.
63GF Score

Get the complete analysis for STU:MUJ

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

€23.20
Price
€16.33
GF Value