DAIYF (Dai Nippon Toryo Co) Cyclically Adjusted PB Ratio: (As of Aug. 09, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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DAIYF Dai Nippon Toryo Co Ltd DAIYF
57 GF Score
Price $8.20
GF Value $8.63
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Dai Nippon Toryo Co Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dai Nippon Toryo Co  (OTCPK:DAIYF) 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.


Dai Nippon Toryo Co Cyclically Adjusted PB Ratio Related Terms


Dai Nippon Toryo Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dai Nippon Toryo 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.

Dai Nippon Toryo Co Cyclically Adjusted PB Ratio Chart

Dai Nippon Toryo 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 0.66 0.63 0.81 0.69 0.67

Dai Nippon Toryo 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 0.69 0.69 0.74 0.75 0.67

DAIYF vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Dai Nippon Toryo 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.


Dai Nippon Toryo Co Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Dai Nippon Toryo Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Dai Nippon Toryo Co's Cyclically Adjusted PB Ratio falls into.


DAIYF
57GF Score
Dai Nippon Toryo Co Ltd DAIYF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dai Nippon Toryo 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.

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

For example, Dai Nippon Toryo 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)
=14.758/112.7000*112.7000
=14.758

Current CPI (Mar. 2026) = 112.7000.

Dai Nippon Toryo Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.190 98.100 10.558
201609 9.775 98.000 11.241
201612 9.063 98.400 10.380
201703 10.410 98.100 11.959
201706 10.797 98.500 12.354
201709 11.199 98.800 12.775
201712 11.480 99.400 13.016
201803 13.345 99.200 15.161
201806 12.837 99.200 14.584
201809 12.980 99.900 14.643
201812 13.126 99.700 14.838
201903 13.357 99.700 15.099
201906 13.697 99.800 15.467
201909 14.014 100.100 15.778
201912 14.242 100.500 15.971
202003 13.775 100.300 15.478
202006 13.556 99.900 15.293
202009 13.901 99.900 15.682
202012 14.524 99.300 16.484
202103 15.701 99.900 17.713
202106 15.422 99.500 17.468
202109 15.594 100.100 17.557
202112 15.202 100.100 17.116
202203 14.662 101.100 16.344
202206 12.957 101.800 14.344
202209 12.353 103.100 13.503
202212 13.390 104.100 14.496
202303 13.732 104.400 14.824
202306 13.277 105.200 14.224
202309 13.042 106.200 13.840
202312 13.546 106.800 14.294
202403 14.001 107.200 14.719
202406 13.292 108.200 13.845
202409 14.968 108.900 15.490
202412 13.909 110.700 14.160
202503 15.341 111.100 15.562
202506 15.387 111.700 15.525
202509 15.209 112.000 15.304
202512 14.602 113.000 14.563
202603 14.758 112.700 14.758

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.

Is Dai Nippon Toryo Co (DAIYF) Overvalued in 2026?

Based on GuruFocus' analysis, Dai Nippon Toryo Co stock appears to be undervalued. The current stock price of $8.20 is trading 5% below its estimated GF Value™ of $8.63. GuruFocus considers Dai Nippon Toryo Co to be Modestly Undervalued.

Key valuation signals for DAIYF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $8.63 vs. price of $8.20 (5% below fair value)
  • GF Score™: 57/100 with 7 warning signs

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


Dai Nippon Toryo Co Business Description

Other Exchanges 4611:Japan
Address 1-124, Nishikujo 6-chome, Konohana-ku, Osaka, JPN, 554-0012
Dai Nippon Toryo Co Ltd is a Japan-based company engaged in the production and sales of coatings and jet inks. Its product lines include protective, decorative, automobile, and industrial. Products offered by the company include anticorrosive coatings, water-based coatings, and coatings for industrial use. Protective coatings are used in the steel frames of buildings, bridges, industrial plants, and concrete structures. Decorative coatings are used for the interiors, exteriors, and roofs of residential buildings. Automobile coatings are used in automotive components, such as bumpers, door mirrors, and other interior and exterior components. Industrial coatings are designed for applications, such as curtain walls, aluminum sashes, steel furniture, agricultural and construction machinery.
57GF Score

Get the complete analysis for DAIYF

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

$8.20
Price
$8.63
GF Value