Hiroshima Gas Co (FRA:6I6) Cyclically Adjusted PB Ratio: 0.47 (As of Aug. 24, 2026) — Near Median

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FRA:6I6 Hiroshima Gas Co Ltd FRA:6I6
63 GF Score
Price €2.20
GF Value €1.82
! 6 Warning Signs
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What is Hiroshima Gas Co Cyclically Adjusted PB Ratio?

Hiroshima Gas Co FRA:6I6 -0.14% 63 Cyclically Adjusted PB Ratio is 0.47 as of Aug. 24, 2026, which is 8% below its 10-year median of 0.51. GuruFocus rates FRA:6I6 with a GF Score™ of 63/100 and a GF Value™ of €1.82. The stock has 6 warning signs investors should review. Among 757 Oil & Gas companies, Hiroshima Gas Co ranks better than 75.83% on this metric.

As of today (2026-08-24), Hiroshima Gas Co's current share price is €2.2035. Hiroshima Gas Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €4.72. Hiroshima Gas Co's Cyclically Adjusted PB Ratio for today is 0.47.

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

FRA:6I6' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.51   Max: 0.68
Current: 0.47

During the past years, Hiroshima Gas Co's highest Cyclically Adjusted PB Ratio was 0.68. The lowest was 0.39. And the median was 0.51.

FRA:6I6's Cyclically Adjusted PB Ratio is ranked better than
75.83% of 757 companies
in the Oil & Gas industry
Industry Median: 1.23 vs FRA:6I6: 0.47

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.

Hiroshima Gas Co's adjusted book value per share data for the three months ended in Mar. 2026 was €5.671. 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 €4.72 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hiroshima Gas Co  (FRA:6I6) 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.


Hiroshima Gas Co Cyclically Adjusted PB Ratio Related Terms


Hiroshima Gas Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hiroshima Gas 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.

Hiroshima Gas Co Cyclically Adjusted PB Ratio Chart

Hiroshima Gas 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 0.49 0.48 0.48 0.40 0.45

Hiroshima Gas Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.41 0.44 0.43 0.45 0.00

FRA:6I6 vs XOM, CVX: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Integrated subindustry, Hiroshima Gas 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.


Hiroshima Gas Co Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Hiroshima Gas Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:6I6
63GF Score
Hiroshima Gas Co Ltd FRA:6I6
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hiroshima Gas 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.

Hiroshima Gas Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.2035/4.72
=0.47

* 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.

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

For example, Hiroshima Gas 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)
=5.671/112.7000*112.7000
=5.671

Current CPI (Mar. 2026) = 112.7000.

Hiroshima Gas Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 4.692 97.900 5.401
201606 5.307 98.100 6.097
201609 5.568 98.000 6.403
201612 5.341 98.400 6.117
201703 5.591 98.100 6.423
201706 5.525 98.500 6.321
201709 5.199 98.800 5.930
201712 5.244 99.400 5.946
201803 5.469 99.200 6.213
201806 5.586 99.200 6.346
201809 5.394 99.900 6.085
201812 5.283 99.700 5.972
201903 5.645 99.700 6.381
201906 5.900 99.800 6.663
201909 6.060 100.100 6.823
201912 5.977 100.500 6.703
202003 6.101 100.300 6.855
202006 6.027 99.900 6.799
202009 5.925 99.900 6.684
202012 5.919 99.300 6.718
202103 6.440 99.900 7.265
202106 6.470 99.500 7.328
202109 6.666 100.100 7.505
202112 6.685 100.100 7.526
202203 6.942 101.100 7.739
202206 6.563 101.800 7.266
202209 6.473 103.100 7.076
202212 6.341 104.100 6.865
202303 6.596 104.400 7.120
202306 6.294 105.200 6.743
202309 6.130 106.200 6.505
202312 6.101 106.800 6.438
202403 6.019 107.200 6.328
202406 5.822 108.200 6.064
202409 6.138 108.900 6.352
202503 6.174 111.100 6.263
202506 5.980 111.700 6.034
202509 5.751 112.000 5.787
202512 5.490 113.000 5.475
202603 5.671 112.700 5.671

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 0.47 mean?
Hiroshima Gas Co (FRA:6I6) has a Cyclically Adjusted PB Ratio of 0.47 as of Aug. 24, 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 Hiroshima Gas Co and its competitors. This is near median its historical median of 0.51. Over the past decade, Hiroshima Gas Co's Cyclically Adjusted PB Ratio has ranged from 0.39 to 0.68. According to the industry distribution chart, Hiroshima Gas Co ranks #183 out of 757 companies in the Oil & Gas industry, placing it in the top 24.2%.
Is Hiroshima Gas Co's Cyclically Adjusted PB Ratio too high?
Hiroshima Gas Co's current Cyclically Adjusted PB Ratio of 0.47 is near median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 0.68. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.23. Hiroshima Gas Co's value of 0.47 is 61.8% below this industry median. Based on the distribution chart, Hiroshima Gas Co ranks #183 out of 757 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Hiroshima Gas Co has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Hiroshima Gas Co's Cyclically Adjusted PB Ratio compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Hiroshima Gas Co ranks #183 out of 757 companies for Cyclically Adjusted PB Ratio. This places Hiroshima Gas Co in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.23. Hiroshima Gas Co's value of 0.47 is 61.8% below this benchmark. Historically, Hiroshima Gas Co's own Cyclically Adjusted PB Ratio has ranged from 0.39 to 0.68 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 1.23, Hiroshima Gas 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 an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.23, based on 757 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. Hiroshima Gas Co's current Cyclically Adjusted PB Ratio of 0.47 is 61.8% 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 Hiroshima Gas Co and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiroshima Gas Co's current Cyclically Adjusted PB Ratio is 0.47, which is near median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiroshima Gas Co stock overvalued right now?
Hiroshima Gas Co (FRA:6I6) has a current Cyclically Adjusted PB Ratio of 0.47. The stock's GF Value™ is €1.82, compared to a current price of €2.20 — trading 21.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.47, which is near median its 10-year median of 0.51 and 61.8% below the Oil & Gas industry median of 1.23. Hiroshima Gas Co's overall GF Score™ is 63/100 with 6 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 Hiroshima Gas Co (FRA:6I6), the current Cyclically Adjusted PB Ratio is 0.47 as of Aug. 24, 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 Hiroshima Gas Co (FRA:6I6) Overvalued in 2026?

Based on GuruFocus' analysis, Hiroshima Gas Co stock appears to be overvalued. The current stock price of €2.20 is trading 21.1% above its estimated GF Value™ of €1.82.

Key valuation signals for FRA:6I6:

  • Cyclically Adjusted PB Ratio: 0.47 (near median its 10-year median of 0.51)
  • GF Value™: €1.82 vs. price of €2.20 (21.1% above fair value)
  • GF Score™: 63/100 with 6 warning signs
  • Industry Position: 61.8% below the Oil & Gas median (#183 of 757)

No single metric tells the full story. See the FRA:6I6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hiroshima Gas Co Business Description

Industry EnergyOil & Gas
Other Exchanges 9535:Japan
Address 2-7-1 Minamimachi, Minami Ward, Hiroshima, JPN, 734-8555
Hiroshima Gas Co Ltd is a provider of gas in the Chugoku region of Japan. It engages in supply of gas business, sale of gas appliances, sales of liquefied natural gas, and electricity business. Its business segments include Gas business which includes production, supply and sale of city gas, wholesale supply of gas to other gas companies; LPG business includes sale of LPG, refilling of LPG tanks, sale of LPG devices and installation of LPG pipes, and Other activities include construction, engineering, installation of machinery, and information distribution.
63GF Score

Get the complete analysis for FRA:6I6

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

€2.20
Price
€1.82
GF Value