Mitsubishi Steel Mfg.Co (FRA:0BK) Cyclically Adjusted PB Ratio: 0.71 (As of Sep. 01, 2026) — 82% Above Median

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FRA:0BK Mitsubishi Steel Mfg.Co Ltd FRA:0BK
51 GF Score
Price €13.20
GF Value €7.44
! 9 Warning Signs
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What is Mitsubishi Steel Mfg.Co Cyclically Adjusted PB Ratio?

Mitsubishi Steel Mfg.Co FRA:0BK +0.76% 51 Cyclically Adjusted PB Ratio is 0.71 as of Sep. 01, 2026, which is 82% above its 10-year median of 0.39. GuruFocus rates FRA:0BK with a GF Score™ of 51/100 and a GF Value™ of €7.44. The stock has 9 warning signs investors should review. Among 415 Steel companies, Mitsubishi Steel Mfg.Co ranks better than 55.18% on this metric.

As of today (2026-09-01), Mitsubishi Steel Mfg.Co's current share price is €13.20. Mitsubishi Steel Mfg.Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €18.71. Mitsubishi Steel Mfg.Co's Cyclically Adjusted PB Ratio for today is 0.71.

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

FRA:0BK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.39   Max: 0.91
Current: 0.71

During the past years, Mitsubishi Steel Mfg.Co's highest Cyclically Adjusted PB Ratio was 0.91. The lowest was 0.14. And the median was 0.39.

FRA:0BK's Cyclically Adjusted PB Ratio is ranked better than
55.18% of 415 companies
in the Steel industry
Industry Median: 0.8 vs FRA:0BK: 0.71

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.

Mitsubishi Steel Mfg.Co's adjusted book value per share data for the three months ended in Mar. 2026 was €17.549. 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 €18.71 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsubishi Steel Mfg.Co  (FRA:0BK) 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.


Mitsubishi Steel Mfg.Co Cyclically Adjusted PB Ratio Related Terms


Mitsubishi Steel Mfg.Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mitsubishi Steel Mfg.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.

Mitsubishi Steel Mfg.Co Cyclically Adjusted PB Ratio Chart

Mitsubishi Steel Mfg.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 0.32 0.32 0.41 0.46 0.52

Mitsubishi Steel Mfg.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 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 0.45 0.49 0.54 0.52 0.00

FRA:0BK vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, Mitsubishi Steel Mfg.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.


Mitsubishi Steel Mfg.Co Cyclically Adjusted PB Ratio vs Steel Industry

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

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


FRA:0BK
51GF Score
Mitsubishi Steel Mfg.Co Ltd FRA:0BK
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mitsubishi Steel Mfg.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.

Mitsubishi Steel Mfg.Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.20/18.71
=0.71

* 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.

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

For example, Mitsubishi Steel Mfg.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)
=17.549/112.7000*112.7000
=17.549

Current CPI (Mar. 2026) = 112.7000.

Mitsubishi Steel Mfg.Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 31.387 98.100 36.058
201609 32.528 98.000 37.407
201612 31.432 98.400 36.000
201703 32.518 98.100 37.358
201706 31.455 98.500 35.990
201709 29.987 98.800 34.206
201712 29.983 99.400 33.995
201803 31.141 99.200 35.379
201806 31.180 99.200 35.423
201809 30.568 99.900 34.485
201812 30.369 99.700 34.329
201903 30.559 99.700 34.544
201906 31.203 99.800 35.236
201909 24.312 100.100 27.372
201912 23.702 100.500 26.579
202003 23.278 100.300 26.156
202006 21.514 99.900 24.271
202009 21.090 99.900 23.792
202012 19.803 99.300 22.475
202103 19.539 99.900 22.042
202106 19.706 99.500 22.320
202109 19.569 100.100 22.032
202112 20.039 100.100 22.561
202203 21.243 101.100 23.680
202206 19.335 101.800 21.405
202209 19.700 103.100 21.534
202212 19.928 104.100 21.574
202303 19.785 104.400 21.358
202306 17.670 105.200 18.930
202309 17.686 106.200 18.768
202312 17.494 106.800 18.460
202403 16.606 107.200 17.458
202406 15.944 108.200 16.607
202409 17.176 108.900 17.775
202412 16.792 110.700 17.095
202503 17.502 111.100 17.754
202506 16.423 111.700 16.570
202509 16.117 112.000 16.218
202512 15.423 113.000 15.382
202603 17.549 112.700 17.549

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 0.71 mean?
Mitsubishi Steel Mfg.Co (FRA:0BK) has a Cyclically Adjusted PB Ratio of 0.71 as of Sep. 01, 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 Mitsubishi Steel Mfg.Co and its competitors. This is 82% above median its historical median of 0.39. Over the past decade, Mitsubishi Steel Mfg.Co's Cyclically Adjusted PB Ratio has ranged from 0.14 to 0.91. According to the industry distribution chart, Mitsubishi Steel Mfg.Co ranks #186 out of 415 companies in the Steel industry, placing it in the top 44.8%.
Is Mitsubishi Steel Mfg.Co's Cyclically Adjusted PB Ratio too high?
Mitsubishi Steel Mfg.Co's current Cyclically Adjusted PB Ratio of 0.71 is 82% above median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.91. The Steel industry median Cyclically Adjusted PB Ratio is 0.80. Mitsubishi Steel Mfg.Co's value of 0.71 is 11.3% below this industry median. Based on the distribution chart, Mitsubishi Steel Mfg.Co ranks #186 out of 415 companies in the Steel industry, which is above the industry midpoint. Overall, Mitsubishi Steel Mfg.Co has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Steel Mfg.Co's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Mitsubishi Steel Mfg.Co ranks #186 out of 415 companies for Cyclically Adjusted PB Ratio. This puts Mitsubishi Steel Mfg.Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.80. Mitsubishi Steel Mfg.Co's value of 0.71 is 11.3% below this benchmark. Historically, Mitsubishi Steel Mfg.Co's own Cyclically Adjusted PB Ratio has ranged from 0.14 to 0.91 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 0.80, Mitsubishi Steel Mfg.Co has consistently been below 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 0.80, based on 415 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. Mitsubishi Steel Mfg.Co's current Cyclically Adjusted PB Ratio of 0.71 is 11.3% below 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 Mitsubishi Steel Mfg.Co and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsubishi Steel Mfg.Co's current Cyclically Adjusted PB Ratio is 0.71, which is 82% above median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Steel Mfg.Co stock overvalued right now?
Mitsubishi Steel Mfg.Co (FRA:0BK) has a current Cyclically Adjusted PB Ratio of 0.71. The stock's GF Value™ is €7.44, compared to a current price of €13.20 — trading 77.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.71, which is 82% above median its 10-year median of 0.39 and 11.3% below the Steel industry median of 0.80. Mitsubishi Steel Mfg.Co's overall GF Score™ is 51/100 with 9 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 Mitsubishi Steel Mfg.Co (FRA:0BK), the current Cyclically Adjusted PB Ratio is 0.71 as of Sep. 01, 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 Mitsubishi Steel Mfg.Co (FRA:0BK) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsubishi Steel Mfg.Co stock appears to be overvalued. The current stock price of €13.20 is trading 77.4% above its estimated GF Value™ of €7.44.

Key valuation signals for FRA:0BK:

  • Cyclically Adjusted PB Ratio: 0.71 (82% above median its 10-year median of 0.39)
  • GF Value™: €7.44 vs. price of €13.20 (77.4% above fair value)
  • GF Score™: 51/100 with 9 warning signs
  • Industry Position: 11.3% below the Steel median (#186 of 415)

No single metric tells the full story. See the FRA:0BK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitsubishi Steel Mfg.Co Business Description

Other Exchanges 5632:Japan
Address Harumi Park Bldg., 2-22, Harumi 3-chome, Chuo-ku, Tokyo, JPN, 1048550
Mitsubishi Steel Mfg.Co Ltd engages in the manufacture and sale of special steels, spring, casting and forging materials, and machinery. It offers its products in varied categories; special steel bars unit handles the manufacture and sale of steel bars that includes machine structural alloy steel, carbon steel for machine structural use, and bearing steel. Springs products include coil, leaf, and precision springs, press assembly, and shoe plate for rubber pad. Formed and fabricated products cover the manufacture and sale of steel and precision casting, precision machined component, alloy material, and special alloy and fine powder. Machinery business manufactures and sells press machine, general industrial and plant machinery, environmental equipment, and magnetic separator.
51GF 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.

€13.20
Price
€7.44
GF Value