Shinsho (FRA:GN0) Cyclically Adjusted PB Ratio: 1.13 (As of Aug. 17, 2026) — 47% Above Median

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FRA:GN0 Shinsho Corp FRA:GN0
67 GF Score
Price €16.03
GF Value €11.29
! 7 Warning Signs
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What is Shinsho Cyclically Adjusted PB Ratio?

Shinsho FRA:GN0 +0.91% 67 Cyclically Adjusted PB Ratio is 1.13 as of Aug. 17, 2026, which is 47% above its 10-year median of 0.77. GuruFocus rates FRA:GN0 with a GF Score™ of 67/100 and a GF Value™ of €11.29. The stock has 7 warning signs investors should review. Among 477 Steel companies, Shinsho ranks worse than 59.75% on this metric.

As of today (2026-08-17), Shinsho's current share price is €16.028. Shinsho's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €14.24. Shinsho's Cyclically Adjusted PB Ratio for today is 1.13.

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

FRA:GN0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.77   Max: 1.29
Current: 1.14

During the past years, Shinsho's highest Cyclically Adjusted PB Ratio was 1.29. The lowest was 0.35. And the median was 0.77.

FRA:GN0's Cyclically Adjusted PB Ratio is ranked worse than
59.75% of 477 companies
in the Steel industry
Industry Median: 0.86 vs FRA:GN0: 1.14

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.

Shinsho's adjusted book value per share data for the three months ended in Mar. 2026 was €20.420. 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 €14.24 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shinsho  (FRA:GN0) 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.


Shinsho Cyclically Adjusted PB Ratio Related Terms


Shinsho Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shinsho'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.

Shinsho Cyclically Adjusted PB Ratio Chart

Shinsho 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 0.99 1.10 0.79 0.87

Shinsho 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 0.81 0.88 0.97 0.87 0.00

FRA:GN0 vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, Shinsho'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.


Shinsho Cyclically Adjusted PB Ratio vs Steel Industry

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

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


FRA:GN0
67GF Score
Shinsho Corp FRA:GN0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shinsho 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.

Shinsho's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.028/14.24
=1.13

* 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.

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

For example, Shinsho'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)
=20.42/112.7000*112.7000
=20.420

Current CPI (Mar. 2026) = 112.7000.

Shinsho Quarterly Data

Book Value per Share CPI Adj_Book
201606 13.031 98.100 14.970
201609 13.365 98.000 15.370
201612 13.222 98.400 15.143
201703 14.109 98.100 16.209
201706 14.044 98.500 16.069
201709 13.797 98.800 15.738
201712 14.168 99.400 16.064
201803 14.634 99.200 16.626
201806 15.077 99.200 17.129
201809 15.247 99.900 17.201
201812 15.499 99.700 17.520
201903 15.781 99.700 17.839
201906 16.403 99.800 18.523
201909 16.895 100.100 19.022
201912 17.255 100.500 19.350
202003 16.586 100.300 18.637
202006 16.081 99.900 18.141
202009 15.822 99.900 17.849
202012 15.950 99.300 18.102
202103 16.215 99.900 18.293
202106 16.532 99.500 18.725
202109 17.572 100.100 19.784
202112 17.877 100.100 20.127
202203 18.141 101.100 20.222
202206 17.683 101.800 19.576
202209 18.465 103.100 20.184
202212 18.645 104.100 20.185
202303 19.181 104.400 20.706
202306 18.464 105.200 19.780
202309 19.142 106.200 20.314
202312 19.626 106.800 20.710
202403 19.998 107.200 21.024
202406 19.563 108.200 20.377
202409 21.392 108.900 22.138
202412 20.983 110.700 21.362
202503 21.479 111.100 21.788
202506 20.782 111.700 20.968
202509 20.395 112.000 20.522
202512 19.754 113.000 19.702
202603 20.420 112.700 20.420

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 1.13 mean?
Shinsho (FRA:GN0) has a Cyclically Adjusted PB Ratio of 1.13 as of Aug. 17, 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 Shinsho and its competitors. This is 47% above median its historical median of 0.77. Over the past decade, Shinsho's Cyclically Adjusted PB Ratio has ranged from 0.35 to 1.29. According to the industry distribution chart, Shinsho ranks #285 out of 477 companies in the Steel industry, placing it in the top 59.7%.
Is Shinsho's Cyclically Adjusted PB Ratio too high?
Shinsho's current Cyclically Adjusted PB Ratio of 1.13 is 47% above median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 1.29. The Steel industry median Cyclically Adjusted PB Ratio is 0.86. Shinsho's value of 1.13 is 31.4% above this industry median. Based on the distribution chart, Shinsho ranks #285 out of 477 companies in the Steel industry, which is below the industry midpoint. Overall, Shinsho has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Shinsho's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Shinsho ranks #285 out of 477 companies for Cyclically Adjusted PB Ratio. This places Shinsho in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.86. Shinsho's value of 1.13 is 31.4% above this benchmark. Historically, Shinsho's own Cyclically Adjusted PB Ratio has ranged from 0.35 to 1.29 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 0.86, Shinsho 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 0.86, based on 477 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. Shinsho's current Cyclically Adjusted PB Ratio of 1.13 is 31.4% 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 Shinsho and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinsho's current Cyclically Adjusted PB Ratio is 1.13, which is 47% above median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinsho stock overvalued right now?
Shinsho (FRA:GN0) has a current Cyclically Adjusted PB Ratio of 1.13. The stock's GF Value™ is €11.29, compared to a current price of €16.03 — trading 42% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.13, which is 47% above median its 10-year median of 0.77 and 31.4% above the Steel industry median of 0.86. Shinsho's overall GF Score™ is 67/100 with 7 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 Shinsho (FRA:GN0), the current Cyclically Adjusted PB Ratio is 1.13 as of Aug. 17, 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 Shinsho (FRA:GN0) Overvalued in 2026?

Based on GuruFocus' analysis, Shinsho stock appears to be overvalued. The current stock price of €16.03 is trading 42% above its estimated GF Value™ of €11.29.

Key valuation signals for FRA:GN0:

  • Cyclically Adjusted PB Ratio: 1.13 (47% above median its 10-year median of 0.77)
  • GF Value™: €11.29 vs. price of €16.03 (42% above fair value)
  • GF Score™: 67/100 with 7 warning signs
  • Industry Position: 31.4% above the Steel median (#285 of 477)

No single metric tells the full story. See the FRA:GN0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinsho Business Description

Other Exchanges 8075:Japan
Address Yodoyabashi Square, 2-6-18 Kitahama, Chuo-ku, Chuo-ku, Osaka, JPN, 541-8557
Shinsho Corp is mainly engaged in the import/export and trading of products. It is organized into five business divisions. The Iron and Steel division supplies wire rods and bars, steel plates, steel sheets, and steel powders. The Ferrous Raw Materials division supplies ferrous raw materials, titanium materials, coal for boilers, alloy steel, and coke breeze. The Nonferrous Metals division supplies the aluminium and copper products. The Machinery and Electronics division focuses on industrial machinery and electronic equipment and materials. The Welding division supports a diverse range of manufacturing industries by providing welding materials, equipment, and welding robot systems. The majority of its revenue is derived from the Iron and Steel, and Nonferrous Metals segments.
67GF Score

Get the complete analysis for FRA:GN0

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

€16.03
Price
€11.29
GF Value