Makino Milling Machine Co (FRA:95B) Cyclically Adjusted PB Ratio: 1.80 (As of Jul. 27, 2026) — 100% Above Median

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FRA:95B Makino Milling Machine Co Ltd FRA:95B
74 GF Score
Price €78.50
GF Value €44.98
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Makino Milling Machine Co Cyclically Adjusted PB Ratio?

Makino Milling Machine Co FRA:95B -0.63% 74 Cyclically Adjusted PB Ratio is 1.80 as of Jul. 27, 2026, which is 100% above its 10-year median of 0.90. GuruFocus rates FRA:95B with a GF Score™ of 74/100 and a GF Value™ of €44.98 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,278 Industrial Products companies, Makino Milling Machine Co ranks better than 55.18% on this metric.

As of today (2026-07-27), Makino Milling Machine Co's current share price is €78.50. Makino Milling Machine Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €43.71. Makino Milling Machine Co's Cyclically Adjusted PB Ratio for today is 1.80.

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

FRA:95B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.9   Max: 1.91
Current: 1.84

During the past years, Makino Milling Machine Co's highest Cyclically Adjusted PB Ratio was 1.91. The lowest was 0.50. And the median was 0.90.

FRA:95B's Cyclically Adjusted PB Ratio is ranked better than
55.18% of 2278 companies
in the Industrial Products industry
Industry Median: 2.11 vs FRA:95B: 1.84

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.

Makino Milling Machine Co's adjusted book value per share data for the three months ended in Mar. 2026 was €60.834. 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 €43.71 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Makino Milling Machine Co  (FRA:95B) 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.


Makino Milling Machine Co Cyclically Adjusted PB Ratio Related Terms


Makino Milling Machine Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Makino Milling Machine 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.

Makino Milling Machine Co Cyclically Adjusted PB Ratio Chart

Makino Milling Machine 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 0.68 0.77 0.91 1.56 1.43

Makino Milling Machine 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 1.56 1.52 1.48 1.40 1.43

FRA:95B vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Makino Milling Machine 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.


Makino Milling Machine Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Makino Milling Machine Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Makino Milling Machine Co's Cyclically Adjusted PB Ratio falls into.


FRA:95B
74GF Score
Makino Milling Machine Co Ltd FRA:95B
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Makino Milling Machine 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.

Makino Milling Machine Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=78.50/43.71
=1.80

* 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.

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

For example, Makino Milling Machine 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)
=60.834/112.7000*112.7000
=60.834

Current CPI (Mar. 2026) = 112.7000.

Makino Milling Machine Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 42.596 98.100 48.935
201609 44.403 98.000 51.063
201612 44.746 98.400 51.249
201703 47.570 98.100 54.650
201706 45.986 98.500 52.615
201709 45.585 98.800 51.998
201712 48.797 99.400 55.326
201803 46.614 99.200 52.958
201806 47.259 99.200 53.690
201809 47.889 99.900 54.025
201812 49.072 99.700 55.471
201903 52.157 99.700 58.958
201906 52.693 99.800 59.504
201909 54.315 100.100 61.152
201912 53.179 100.500 59.635
202003 51.881 100.300 58.295
202006 51.188 99.900 57.747
202009 49.728 99.900 56.100
202012 49.914 99.300 56.650
202103 51.492 99.900 58.090
202106 50.546 99.500 57.252
202109 52.308 100.100 58.892
202112 54.341 100.100 61.181
202203 56.916 101.100 63.446
202206 54.539 101.800 60.379
202209 55.683 103.100 60.868
202212 54.527 104.100 59.032
202303 57.724 104.400 62.313
202306 56.948 105.200 61.008
202309 55.666 106.200 59.073
202312 55.923 106.800 59.012
202403 57.261 107.200 60.199
202406 0.000 108.200 0.000
202409 58.478 108.900 60.519
202412 60.730 110.700 61.827
202503 60.041 111.100 60.906
202506 57.385 111.700 57.899
202509 57.470 112.000 57.829
202512 58.877 113.000 58.721
202603 60.834 112.700 60.834

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 1.80 mean?
Makino Milling Machine Co (FRA:95B) has a Cyclically Adjusted PB Ratio of 1.80 as of Jul. 27, 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 Makino Milling Machine Co and its competitors. This is 100% above median its historical median of 0.90. Over the past decade, Makino Milling Machine Co's Cyclically Adjusted PB Ratio has ranged from 0.50 to 1.91. According to the industry distribution chart, Makino Milling Machine Co ranks #1021 out of 2278 companies in the Industrial Products industry, placing it in the top 44.8%.
Is Makino Milling Machine Co's Cyclically Adjusted PB Ratio too high?
Makino Milling Machine Co's current Cyclically Adjusted PB Ratio of 1.80 is 100% above median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 1.91. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.11. Makino Milling Machine Co's value of 1.80 is 14.7% below this industry median. Based on the distribution chart, Makino Milling Machine Co ranks #1021 out of 2278 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Makino Milling Machine Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Makino Milling Machine Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Makino Milling Machine Co ranks #1021 out of 2278 companies for Cyclically Adjusted PB Ratio. This puts Makino Milling Machine Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.11. Makino Milling Machine Co's value of 1.80 is 14.7% below this benchmark. Historically, Makino Milling Machine Co's own Cyclically Adjusted PB Ratio has ranged from 0.50 to 1.91 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 2.11, Makino Milling Machine 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 Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.11, based on 2,278 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. Makino Milling Machine Co's current Cyclically Adjusted PB Ratio of 1.80 is 14.7% 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 Makino Milling Machine Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Makino Milling Machine Co's current Cyclically Adjusted PB Ratio is 1.80, which is 100% above median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makino Milling Machine Co stock overvalued right now?
Based on GuruFocus' analysis, Makino Milling Machine Co (FRA:95B) is currently considered Significantly Overvalued. The stock's GF Value™ is €44.98, compared to a current price of €78.50 — trading 74.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.80, which is 100% above median its 10-year median of 0.90 and 14.7% below the Industrial Products industry median of 2.11. Makino Milling Machine Co's overall GF Score™ is 74/100 with 3 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 Makino Milling Machine Co (FRA:95B), the current Cyclically Adjusted PB Ratio is 1.80 as of Jul. 27, 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 Makino Milling Machine Co (FRA:95B) Overvalued in 2026?

Based on GuruFocus' analysis, Makino Milling Machine Co stock appears to be overvalued. The current stock price of €78.50 is trading 74.5% above its estimated GF Value™ of €44.98. GuruFocus considers Makino Milling Machine Co to be Significantly Overvalued.

Key valuation signals for FRA:95B:

  • Cyclically Adjusted PB Ratio: 1.80 (100% above median its 10-year median of 0.90)
  • GF Value™: €44.98 vs. price of €78.50 (74.5% above fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 14.7% below the Industrial Products median (#1021 of 2278)

No single metric tells the full story. See the FRA:95B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Makino Milling Machine Co Business Description

Other Exchanges MKMLF:USA6135:Japan
Address 3-19 Nakane 2-chome, Meguro-ku, Tokyo, JPN, 152-8578
Makino Milling Machine Co Ltd is a software and engineering service provider offering machine tool builders. The company manufactures, sells and exports machines. It offers numeric control (NC) electrical discharge machines, NC milling machines, milling machines, computer-aided design (CAD) computer-aided manufacturing (CAM) systems, and other products. Its product application is spread into various industries such as automotive, aerospace, general machining, medical and construction. The firm also engages in the business of equipment financing.
74GF Score

Get the complete analysis for FRA:95B

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

€78.50
Price
€44.98
GF Value