AGC (ASGLF) Cyclically Adjusted PB Ratio: 1.09 (As of Aug. 21, 2026) — 22% Above Median

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ASGLF AGC Inc ASGLF
78 GF Score
Price $38.35
GF Value $29.39
! 5 Warning Signs
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What is AGC Cyclically Adjusted PB Ratio?

AGC ASGLF 78 Cyclically Adjusted PB Ratio is 1.09 as of Aug. 21, 2026, which is 22% above its 10-year median of 0.89. GuruFocus rates ASGLF with a GF Score™ of 78/100 and a GF Value™ of $29.39. The stock has 5 warning signs investors should review. Among 445 Conglomerates companies, AGC ranks better than 53.26% on this metric.

As of today (2026-08-21), AGC's current share price is $38.35. AGC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $35.26. AGC's Cyclically Adjusted PB Ratio for today is 1.09.

The historical rank and industry rank for AGC's Cyclically Adjusted PB Ratio or its related term are showing as below:

ASGLF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.89   Max: 1.24
Current: 0.93

During the past years, AGC's highest Cyclically Adjusted PB Ratio was 1.24. The lowest was 0.51. And the median was 0.89.

ASGLF's Cyclically Adjusted PB Ratio is ranked better than
53.26% of 445 companies
in the Conglomerates industry
Industry Median: 1.01 vs ASGLF: 0.93

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.

AGC's adjusted book value per share data for the three months ended in Jun. 2026 was $44.752. 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 $35.26 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AGC  (OTCPK:ASGLF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


AGC Cyclically Adjusted PB Ratio Related Terms


AGC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for AGC's Cyclically Adjusted PB Ratio 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.

AGC Cyclically Adjusted PB Ratio Chart

AGC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 0.82 0.93 0.77 0.83

AGC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio 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 0.69 0.78 0.83 0.87 1.09

ASGLF vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, AGC'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.


AGC Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, AGC's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ASGLF
78GF Score
AGC Inc ASGLF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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AGC Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

AGC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.35/35.26
=1.09

* 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.

AGC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, AGC's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=44.752/113.6000*113.6000
=44.752

Current CPI (Jun. 2026) = 113.6000.

AGC Quarterly Data

Book Value per Share CPI Adj_Book
201609 41.709 98.000 48.348
201612 40.833 98.400 47.141
201703 41.666 98.100 48.249
201706 43.384 98.500 50.035
201709 44.847 98.800 51.565
201712 46.393 99.400 53.021
201803 47.891 99.200 54.843
201806 47.242 99.200 54.100
201809 47.267 99.900 53.749
201812 45.824 99.700 52.213
201903 46.909 99.700 53.449
201906 47.673 99.800 54.265
201909 46.603 100.100 52.888
201912 47.933 100.500 54.181
202003 45.047 100.300 51.020
202006 45.938 99.900 52.238
202009 45.852 99.900 52.140
202012 48.543 99.300 55.534
202103 49.451 99.900 56.233
202106 50.805 99.500 58.005
202109 52.778 100.100 59.896
202112 52.096 100.100 59.122
202203 52.539 101.100 59.035
202206 51.013 101.800 56.926
202209 48.095 103.100 52.993
202212 46.484 104.100 50.726
202303 47.402 104.400 51.579
202306 48.316 105.200 52.174
202309 46.779 106.200 50.039
202312 47.368 106.800 50.384
202403 47.588 107.200 50.429
202406 44.077 108.200 46.277
202409 45.373 108.900 47.331
202412 43.973 110.700 45.125
202503 43.101 111.100 44.071
202506 45.009 111.700 45.775
202509 44.914 112.000 45.556
202512 44.853 113.000 45.091
202603 44.354 112.700 44.708
202606 44.752 113.600 44.752

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

What does a Cyclically Adjusted PB Ratio of 1.09 mean?
AGC (ASGLF) has a Cyclically Adjusted PB Ratio of 1.09 as of Aug. 21, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on AGC and its competitors. This is 22% above median its historical median of 0.89. Over the past decade, AGC's Cyclically Adjusted PB Ratio has ranged from 0.51 to 1.24. According to the industry distribution chart, AGC ranks #208 out of 445 companies in the Conglomerates industry, placing it in the top 46.7%.
Is AGC's Cyclically Adjusted PB Ratio too high?
AGC's current Cyclically Adjusted PB Ratio of 1.09 is 22% above median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 1.24. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.01. AGC's value of 1.09 is 7.9% above this industry median. Based on the distribution chart, AGC ranks #208 out of 445 companies in the Conglomerates industry, which is above the industry midpoint. Overall, AGC has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does AGC's Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, AGC ranks #208 out of 445 companies for Cyclically Adjusted PB Ratio. This puts AGC in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.01. AGC's value of 1.09 is 7.9% above this benchmark. Historically, AGC's own Cyclically Adjusted PB Ratio has ranged from 0.51 to 1.24 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 1.01, AGC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.01, based on 445 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AGC's current Cyclically Adjusted PB Ratio of 1.09 is 7.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on AGC and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AGC's current Cyclically Adjusted PB Ratio is 1.09, which is 22% above median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AGC stock overvalued right now?
AGC (ASGLF) has a current Cyclically Adjusted PB Ratio of 1.09. The stock's GF Value™ is $29.39, compared to a current price of $38.35 — trading 30.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.09, which is 22% above median its 10-year median of 0.89 and 7.9% above the Conglomerates industry median of 1.01. AGC's overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For AGC (ASGLF), the current Cyclically Adjusted PB Ratio is 1.09 as of Aug. 21, 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 AGC (ASGLF) Overvalued in 2026?

Based on GuruFocus' analysis, AGC stock appears to be overvalued. The current stock price of $38.35 is trading 30.5% above its estimated GF Value™ of $29.39.

Key valuation signals for ASGLF:

  • Cyclically Adjusted PB Ratio: 1.09 (22% above median its 10-year median of 0.89)
  • GF Value™: $29.39 vs. price of $38.35 (30.5% above fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 7.9% above the Conglomerates median (#208 of 445)

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


AGC Business Description

Address 1-5-1 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-8405
AGC Inc is mainly engaged in the manufacturing and sales of glasses. The company operates through six segments. The Architecture Glass segment provides float, patterned, low-E, decorative, and fireproof glasses. The Automotive segment offers automotive glass and cover glass for in-vehicle displays. The Ceramics & Others segment includes ceramics products along with logistics and financial services. The Chemicals segment produces vinyl chloride, caustic soda, urethane raw materials, solvents, gases, and iodine. The Electronics segment supplies glass substrates for LCDs & OLEDs, display materials, semiconductor and optoelectronic components, and PCB materials. The Life Sciences segment develops pharmaceutical and agrochemical intermediates, active ingredients, and biopharmaceuticals.
78GF Score

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

$38.35
Price
$29.39
GF Value