Mitani Sekisan Co (TSE:5273) Cyclically Adjusted Book per Share: 円989.76 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:5273 Mitani Sekisan Co Ltd TSE:5273
86 GF Score
Price 円2,161.00
GF Value 円1,830.84
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Mitani Sekisan Co Cyclically Adjusted Book per Share?

Mitani Sekisan Co TSE:5273 +0.09% 86 Cyclically Adjusted Book per Share is 円989.76 as of Mar. 2026. GuruFocus rates TSE:5273 with a GF Score™ of 86/100 and a GF Value™ of 円1,830.84 (Modestly Overvalued). The stock has 1 warning sign 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.

Mitani Sekisan Co's adjusted book value per share for the three months ended in Mar. 2026 was 円1,476.141. 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989.76 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mitani Sekisan Co's average Cyclically Adjusted Book Growth Rate was 10.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.10% 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 Mitani Sekisan Co was 12.40% per year. The lowest was 10.60% per year. And the median was 11.75% per year.

As of today (2026-09-19), Mitani Sekisan Co's current stock price is 円2161.00. Mitani Sekisan Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円989.76. Mitani Sekisan Co's Cyclically Adjusted PB Ratio of today is 2.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mitani Sekisan Co was 3.44. The lowest was 1.30. And the median was 1.81.


Mitani Sekisan Co  (TSE:5273) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2161.00/989.762
=2.18

* 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 Mitani Sekisan Co was 3.44. The lowest was 1.30. And the median was 1.81.


Be Aware

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


Mitani Sekisan Co Cyclically Adjusted Book per Share Related Terms


Mitani Sekisan Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Mitani Sekisan 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.

Mitani Sekisan Co Cyclically Adjusted Book per Share Chart

Mitani Sekisan 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 653.44 731.27 819.83 924.43 1,024.41

Mitani Sekisan Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 918.44 941.18 970.67 989.76 1,020.86

TSE:5273 vs TT, JCI, CARR: Cyclically Adjusted Book per Share Comparison

For the Building Products & Equipment subindustry, Mitani Sekisan 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.


Mitani Sekisan Co Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Mitani Sekisan Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:5273
86GF Score
Mitani Sekisan Co Ltd TSE:5273
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitani Sekisan 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, Mitani Sekisan 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)
=1476.141/112.7000*112.7000
=1,476.141

Current CPI (Mar. 2026) = 112.7000.

Mitani Sekisan Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 528.786 98.100 607.484
201609 545.671 98.000 627.522
201612 561.342 98.400 642.919
201703 578.915 98.100 665.074
201706 602.558 98.500 689.424
201709 612.832 98.800 699.050
201712 674.326 99.400 764.553
201803 661.899 99.200 751.976
201806 682.097 99.200 774.923
201809 708.256 99.900 799.004
201812 728.510 99.700 823.501
201903 746.456 99.700 843.787
201906 758.016 99.800 855.996
201909 772.359 100.100 869.579
201912 811.537 100.500 910.052
202003 801.583 100.300 900.682
202006 847.324 99.900 955.890
202009 858.765 99.900 968.797
202012 879.799 99.300 998.523
202103 894.612 99.900 1,009.237
202106 915.057 99.500 1,036.451
202109 949.981 100.100 1,069.559
202112 937.307 100.100 1,055.290
202203 930.017 101.100 1,036.725
202206 912.276 101.800 1,009.956
202209 920.611 103.100 1,006.332
202212 924.707 104.100 1,001.100
202303 972.481 104.400 1,049.795
202306 998.469 105.200 1,069.653
202309 1,031.246 106.200 1,094.364
202312 1,135.245 106.800 1,197.960
202403 1,157.808 107.200 1,217.210
202406 1,146.489 108.200 1,194.171
202409 1,175.850 108.900 1,216.881
202412 1,241.344 110.700 1,263.771
202503 1,275.092 111.100 1,293.455
202506 1,325.909 111.700 1,337.779
202509 1,372.413 112.000 1,380.991
202512 1,428.710 113.000 1,424.917
202603 1,476.141 112.700 1,476.141

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989.76 mean?
Mitani Sekisan Co (TSE:5273) has a Cyclically Adjusted Book per Share of 円989.76 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 Mitani Sekisan Co and its competitors.
Is Mitani Sekisan Co's Cyclically Adjusted Book per Share too high?
Mitani Sekisan Co's current Cyclically Adjusted Book per Share is 円989.76. Overall, Mitani Sekisan Co has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitani Sekisan Co's Cyclically Adjusted Book per Share compare to TT and JCI?
Mitani Sekisan Co's Cyclically Adjusted Book per Share of 円989.76 can be compared against companies in the Construction 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 Construction company?
A good Cyclically Adjusted Book per Share depends on the Construction 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 Mitani Sekisan Co and its competitors. Mitani Sekisan Co's current Cyclically Adjusted Book per Share is 円989.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitani Sekisan Co stock overvalued right now?
Based on GuruFocus' analysis, Mitani Sekisan Co (TSE:5273) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,830.84, compared to a current price of 円2,161.00 — trading 18% above its estimated fair value. The current Cyclically Adjusted Book per Share is 円989.76. Mitani Sekisan Co's overall GF Score™ is 86/100 with 1 warning sign 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 Mitani Sekisan Co (TSE:5273), the current Cyclically Adjusted Book per Share is 円989.76 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 Mitani Sekisan Co (TSE:5273) Overvalued in 2026?

Based on GuruFocus' analysis, Mitani Sekisan Co stock appears to be overvalued. The current stock price of 円2,161.00 is trading 18% above its estimated GF Value™ of 円1,830.84. GuruFocus considers Mitani Sekisan Co to be Modestly Overvalued.

Key valuation signals for TSE:5273:

  • Cyclically Adjusted Book per Share: 円989.76
  • GF Value™: 円1,830.84 vs. price of 円2,161.00 (18% above fair value)
  • GF Score™: 86/100 with 1 warning sign

No single metric tells the full story. See the TSE:5273 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitani Sekisan Co Business Description

Address 1-3-1 Toyoshima, Mitani Building, Fukui-shi, Fukui, JPN, 910-8571
Mitani Sekisan Co Ltd is a Japanese company. It is engaged in the production and sales of concrete secondary products, manufacture, and sale of gravel products, foundation work, and rental for revetment. The company focuses on manufacturing gravel and stones which are used for civil engineering construction, railway tracking and pavement roadbed materials, raw concrete and various concrete secondary products, aggregates of asphalt composite material and construction materials. It also produces concrete piles and poles and environmental products. The Information-Related Business deals with computer peripheral sales and consigned software production.
86GF Score

Get the complete analysis for TSE:5273

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

円2,161.00
Price
円1,830.84
GF Value