Inaba Seisakusho Co (TSE:3421) Cyclically Adjusted Book per Share: 円2,606.48 (As of Jan. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:3421 Inaba Seisakusho Co Ltd TSE:3421
82 GF Score
Price 円1,703.00
GF Value 円1,697.86
Valuation Fairly Valued
! 3 Warning Signs
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What is Inaba Seisakusho Co Cyclically Adjusted Book per Share?

Inaba Seisakusho Co TSE:3421 -0.23% 82 Cyclically Adjusted Book per Share is 円2,606.48 as of Jan. 2026. GuruFocus rates TSE:3421 with a GF Score™ of 82/100 and a GF Value™ of 円1,697.86 (Fairly Valued). The stock has 3 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.

Inaba Seisakusho Co's adjusted book value per share for the three months ended in Jan. 2026 was 円2,785.684. 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2,606.48 for the trailing ten years ended in Jan. 2026.

During the past 12 months, Inaba Seisakusho Co's average Cyclically Adjusted Book Growth Rate was 3.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.40% 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 Inaba Seisakusho Co was 4.80% per year. The lowest was 1.60% per year. And the median was 3.90% per year.

As of today (2026-08-03), Inaba Seisakusho Co's current stock price is 円1703.00. Inaba Seisakusho Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 was 円2,606.48. Inaba Seisakusho Co's Cyclically Adjusted PB Ratio of today is 0.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Inaba Seisakusho Co was 0.85. The lowest was 0.46. And the median was 0.66.


Inaba Seisakusho Co  (TSE:3421) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1703.00/2606.48
=0.65

* 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 Inaba Seisakusho Co was 0.85. The lowest was 0.46. And the median was 0.66.


Be Aware

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


Inaba Seisakusho Co Cyclically Adjusted Book per Share Related Terms


Inaba Seisakusho Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Inaba Seisakusho 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.

Inaba Seisakusho Co Cyclically Adjusted Book per Share Chart

Inaba Seisakusho Co Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,128.49 2,231.49 2,345.95 2,450.10 2,564.64

Inaba Seisakusho Co Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 2,545.37 2,564.64 2,595.14 2,606.48 0.00

TSE:3421 vs SN, SGI, MHK: Cyclically Adjusted Book per Share Comparison

For the Furnishings, Fixtures & Appliances subindustry, Inaba Seisakusho 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.


Inaba Seisakusho Co Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Inaba Seisakusho Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:3421
82GF Score
Inaba Seisakusho Co Ltd TSE:3421
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Inaba Seisakusho 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, Inaba Seisakusho Co's adjusted Book Value per Share data for the three months ended in Jan. 2026 was:

Adj_Book= Book Value per Share /CPI of Jan. 2026 (Change)*Current CPI (Jan. 2026)
=2785.684/112.9000*112.9000
=2,785.684

Current CPI (Jan. 2026) = 112.9000.

Inaba Seisakusho Co Quarterly Data

Book Value per Share CPI Adj_Book
201604 2,119.406 98.100 2,439.153
201607 2,125.579 97.900 2,451.255
201610 2,115.460 98.600 2,422.266
201701 2,122.521 98.200 2,440.251
201704 2,127.491 98.500 2,438.515
201707 2,143.118 98.300 2,461.424
201710 2,131.904 98.800 2,436.153
201801 2,128.290 99.500 2,414.914
201804 2,133.165 99.100 2,430.215
201807 2,150.258 99.200 2,447.219
201810 2,149.016 100.200 2,421.396
201901 2,163.906 99.700 2,450.401
201904 2,185.412 100.000 2,467.330
201907 2,182.572 99.800 2,469.062
201910 2,185.679 100.400 2,457.800
202001 2,195.455 100.500 2,466.337
202004 2,188.652 100.200 2,466.056
202007 2,234.161 100.000 2,522.368
202010 2,314.486 99.800 2,618.291
202101 2,341.010 99.800 2,648.297
202104 2,376.745 99.100 2,707.715
202107 2,413.763 99.700 2,733.338
202110 2,407.079 99.900 2,720.313
202201 2,413.235 100.300 2,716.393
202204 2,438.310 101.500 2,712.169
202207 2,472.791 102.300 2,729.014
202210 2,474.841 103.700 2,694.403
202301 2,492.408 104.700 2,687.611
202304 2,523.589 105.100 2,710.877
202307 2,574.042 105.700 2,749.379
202310 2,577.080 107.100 2,716.642
202401 2,615.722 106.900 2,762.535
202404 2,663.097 107.700 2,791.677
202407 2,705.205 108.600 2,812.317
202410 2,697.918 109.500 2,781.689
202501 2,702.947 111.200 2,744.269
202504 2,728.246 111.500 2,762.502
202507 2,772.223 111.900 2,796.997
202510 2,772.368 112.800 2,774.826
202601 2,785.684 112.900 2,785.684

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 円2,606.48 mean?
Inaba Seisakusho Co (TSE:3421) has a Cyclically Adjusted Book per Share of 円2,606.48 as of Jan. 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 Inaba Seisakusho Co and its competitors.
Is Inaba Seisakusho Co's Cyclically Adjusted Book per Share too high?
Inaba Seisakusho Co's current Cyclically Adjusted Book per Share is 円2,606.48. Overall, Inaba Seisakusho Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Inaba Seisakusho Co's Cyclically Adjusted Book per Share compare to SN and SGI?
Inaba Seisakusho Co's Cyclically Adjusted Book per Share of 円2,606.48 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Cyclically Adjusted Book per Share depends on the Furnishings, Fixtures & Appliances 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 Inaba Seisakusho Co and its competitors. Inaba Seisakusho Co's current Cyclically Adjusted Book per Share is 円2,606.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inaba Seisakusho Co stock overvalued right now?
Based on GuruFocus' analysis, Inaba Seisakusho Co (TSE:3421) is currently considered Fairly Valued. The stock's GF Value™ is 円1,697.86, compared to a current price of 円1,703.00 — trading 0.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is 円2,606.48. Inaba Seisakusho Co's overall GF Score™ is 82/100 with 3 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 Inaba Seisakusho Co (TSE:3421), the current Cyclically Adjusted Book per Share is 円2,606.48 as of Jan. 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 Inaba Seisakusho Co (TSE:3421) Overvalued in 2026?

Based on GuruFocus' analysis, Inaba Seisakusho Co stock appears to be overvalued. The current stock price of 円1,703.00 is trading 0.3% above its estimated GF Value™ of 円1,697.86. GuruFocus considers Inaba Seisakusho Co to be Fairly Valued.

Key valuation signals for TSE:3421:

  • Cyclically Adjusted Book per Share: 円2,606.48
  • GF Value™: 円1,697.86 vs. price of 円1,703.00 (0.3% above fair value)
  • GF Score™: 82/100 with 3 warning signs

No single metric tells the full story. See the TSE:3421 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Inaba Seisakusho Co Business Description

Address 2-5-25 Yaguchi, Tokyo, JPN, 146-8543
Inaba Seisakusho Co Ltd is a Japan-based company engaged in the business of engineering, manufacturing, selling and supporting of office furniture and steel storage sheds. The company offers varieties of products including desks, meeting tables, office chairs, storage cabinets, outdoor storage sheds, motorbike sheds, and cycle port and many more.
82GF Score

Get the complete analysis for TSE:3421

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

円1,703.00
Price
円1,697.86
GF Value