DAIDF (Daido Steel Co) Cyclically Adjusted PB Ratio: 1.34 (As of Jul. 09, 2026) — 61% Above Median


DAIDF Daido Steel Co Ltd DAIDF
68 GF Score
Price $11.70
GF Value $5.60
! 8 Warning Signs
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What is Daido Steel Co Cyclically Adjusted PB Ratio?

Daido Steel Co DAIDF +26.83% 68 Cyclically Adjusted PB Ratio is 1.34 as of Jul. 09, 2026, which is 61% above its 10-year median of 0.83. GuruFocus rates DAIDF with a GF Score™ of 68/100 and a GF Value™ of $5.60. The stock has 8 warning signs investors should review. Among 519 Steel companies, Daido Steel Co ranks worse than 68.79% on this metric.

As of today (2026-07-09), Daido Steel Co's current share price is $11.70. Daido Steel Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $8.71. Daido Steel Co's Cyclically Adjusted PB Ratio for today is 1.34.

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

DAIDF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.83   Max: 1.7
Current: 1.65

During the past years, Daido Steel Co's highest Cyclically Adjusted PB Ratio was 1.70. The lowest was 0.52. And the median was 0.83.

DAIDF's Cyclically Adjusted PB Ratio is ranked worse than
68.79% of 519 companies
in the Steel industry
Industry Median: 0.95 vs DAIDF: 1.65

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.

Daido Steel Co's adjusted book value per share data for the three months ended in Mar. 2026 was $14.901. 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 $8.71 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daido Steel Co  (OTCPK:DAIDF) 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.


Daido Steel Co Cyclically Adjusted PB Ratio Related Terms


Daido Steel Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Daido Steel Co'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.

Daido Steel Co Cyclically Adjusted PB Ratio Chart

Daido Steel Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.76 1.24 0.74 1.06

Daido Steel 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 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 0.74 0.61 0.77 0.95 1.06

DAIDF vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, Daido Steel 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.


Daido Steel Co Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Daido Steel Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


DAIDF
68GF Score
Daido Steel Co Ltd DAIDF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Daido Steel Co 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.

Daido Steel Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.70/8.71
=1.34

* 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.

Daido Steel Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Daido Steel 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)
=14.901/112.7000*112.7000
=14.901

Current CPI (Mar. 2026) = 112.7000.

Daido Steel Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.122 98.100 11.628
201609 10.657 98.000 12.256
201612 10.049 98.400 11.509
201703 10.795 98.100 12.402
201706 11.074 98.500 12.670
201709 11.612 98.800 13.246
201712 11.884 99.400 13.474
201803 12.583 99.200 14.295
201806 12.046 99.200 13.685
201809 12.218 99.900 13.783
201812 11.896 99.700 13.447
201903 12.052 99.700 13.623
201906 12.708 99.800 14.351
201909 12.794 100.100 14.404
201912 12.873 100.500 14.436
202003 11.921 100.300 13.395
202006 12.008 99.900 13.547
202009 12.300 99.900 13.876
202012 12.997 99.300 14.751
202103 13.085 99.900 14.762
202106 13.259 99.500 15.018
202109 13.445 100.100 15.137
202112 13.268 100.100 14.938
202203 14.170 101.100 15.796
202206 11.760 101.800 13.019
202209 11.233 103.100 12.279
202212 12.199 104.100 13.207
202303 12.571 104.400 13.570
202306 12.584 105.200 13.481
202309 12.405 106.200 13.164
202312 12.764 106.800 13.469
202403 13.109 107.200 13.782
202406 12.560 108.200 13.082
202409 13.880 108.900 14.364
202412 13.492 110.700 13.736
202503 13.992 111.100 14.194
202506 14.543 111.700 14.673
202509 14.802 112.000 14.895
202512 14.388 113.000 14.350
202603 14.901 112.700 14.901

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 1.34 mean?
Daido Steel Co (DAIDF) has a Cyclically Adjusted PB Ratio of 1.34 as of Jul. 09, 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 Daido Steel Co and its competitors. This is 61% above median its historical median of 0.83. Over the past decade, Daido Steel Co's Cyclically Adjusted PB Ratio has ranged from 0.52 to 1.70. According to the industry distribution chart, Daido Steel Co ranks #357 out of 519 companies in the Steel industry, placing it in the top 68.8%.
Is Daido Steel Co's Cyclically Adjusted PB Ratio too high?
Daido Steel Co's current Cyclically Adjusted PB Ratio of 1.34 is 61% above median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 1.70. The Steel industry median Cyclically Adjusted PB Ratio is 0.95. Daido Steel Co's value of 1.34 is 41.1% above this industry median. Based on the distribution chart, Daido Steel Co ranks #357 out of 519 companies in the Steel industry, which is below the industry midpoint. Overall, Daido Steel Co has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Daido Steel Co's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Daido Steel Co ranks #357 out of 519 companies for Cyclically Adjusted PB Ratio. This places Daido Steel Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.95. Daido Steel Co's value of 1.34 is 41.1% above this benchmark. Historically, Daido Steel Co's own Cyclically Adjusted PB Ratio has ranged from 0.52 to 1.70 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 0.95, Daido Steel Co 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 Steel company?
The median Cyclically Adjusted PB Ratio among Steel companies is 0.95, based on 519 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. Daido Steel Co's current Cyclically Adjusted PB Ratio of 1.34 is 41.1% 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 Daido Steel Co and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daido Steel Co's current Cyclically Adjusted PB Ratio is 1.34, which is 61% above median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daido Steel Co stock overvalued right now?
Daido Steel Co (DAIDF) has a current Cyclically Adjusted PB Ratio of 1.34. The stock's GF Value™ is $5.60, compared to a current price of $11.70 — trading 108.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.34, which is 61% above median its 10-year median of 0.83 and 41.1% above the Steel industry median of 0.95. Daido Steel Co's overall GF Score™ is 68/100 with 8 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 Daido Steel Co (DAIDF), the current Cyclically Adjusted PB Ratio is 1.34 as of Jul. 09, 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 Daido Steel Co (DAIDF) Overvalued in 2026?

Based on GuruFocus' analysis, Daido Steel Co stock appears to be overvalued. The current stock price of $11.70 is trading 108.9% above its estimated GF Value™ of $5.60.

Key valuation signals for DAIDF:

  • Cyclically Adjusted PB Ratio: 1.34 (61% above median its 10-year median of 0.83)
  • GF Value™: $5.60 vs. price of $11.70 (108.9% above fair value)
  • GF Score™: 68/100 with 8 warning signs
  • Industry Position: 41.1% above the Steel median (#357 of 519)

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


Daido Steel Co Business Description

Other Exchanges 5471:JapanDDL:Germany
Address 1-10, Higashisakura 1-chome, Higashi-ku, Nagoya, Aichi, JPN, 461-8581
Daido Steel Co Ltd is a Japan-based company that primarily operates through three segments. The special steel segment produces and distributes specialty steel for automotive parts, industrial machinery parts, electrical machinery parts, construction, and tool steel. The high-performance materials and magnetic materials segment produces and sells stainless steel, nickel-based alloys, electrical and electronic parts, magnetic material products, alloy powder, titanium products, and welding wire. The parts for automobile and industrial equipment segment is engaged in forging and casting for parts for automobiles, industrial machines, chemical equipment, and oil drilling rigs. The company generates majority of its revenue from the Japanese domestic market.
68GF 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.

$11.70
Price
$5.60
GF Value