Mitsui Kinzoku Co (FRA:MMG) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:MMG Mitsui Kinzoku Co Ltd FRA:MMG
76 GF Score
Price €124.60
GF Value €31.52
Valuation Significantly Overvalued
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What is Mitsui Kinzoku Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsui Kinzoku Co  (FRA:MMG) 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.


Mitsui Kinzoku Co Cyclically Adjusted PB Ratio Related Terms


Mitsui Kinzoku Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mitsui Kinzoku 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.

Mitsui Kinzoku Co Cyclically Adjusted PB Ratio Chart

Mitsui Kinzoku 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 0.90 0.77 0.95 0.86 4.67

Mitsui Kinzoku 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 0.95 2.10 3.00 4.77 7.12

FRA:MMG vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Mitsui Kinzoku 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.


Mitsui Kinzoku Co Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mitsui Kinzoku Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:MMG
76GF Score
Mitsui Kinzoku Co Ltd FRA:MMG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitsui Kinzoku 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.

Mitsui Kinzoku Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Mitsui Kinzoku Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=40.494/113.6000*113.6000
=40.494

Current CPI (Jun. 2026) = 113.6000.

Mitsui Kinzoku Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 24.734 98.000 28.671
201612 23.395 98.400 27.009
201703 27.095 98.100 31.376
201706 24.904 98.500 28.722
201709 24.107 98.800 27.718
201712 25.545 99.400 29.194
201803 23.918 99.200 27.390
201806 24.161 99.200 27.668
201809 23.959 99.900 27.245
201812 25.244 99.700 28.763
201903 25.315 99.700 28.844
201906 25.176 99.800 28.657
201909 26.107 100.100 29.628
201912 26.242 100.500 29.663
202003 25.613 100.300 29.009
202006 26.422 99.900 30.045
202009 27.873 99.900 31.695
202012 26.114 99.300 29.875
202103 28.379 99.900 32.271
202106 30.076 99.500 34.338
202109 32.106 100.100 36.436
202112 32.091 100.100 36.419
202203 32.416 101.100 36.424
202206 33.864 101.800 37.789
202209 34.734 103.100 38.271
202212 33.621 104.100 36.689
202303 31.640 104.400 34.428
202306 28.782 105.200 31.080
202309 29.786 106.200 31.861
202312 30.483 106.800 32.424
202403 30.611 107.200 32.439
202406 31.748 108.200 33.332
202409 34.943 108.900 36.451
202412 35.686 110.700 36.621
202503 36.902 111.100 37.732
202506 33.773 111.700 34.347
202509 35.603 112.000 36.112
202512 35.256 113.000 35.443
202603 40.136 112.700 40.457
202606 40.494 113.600 40.494

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 Mitsui Kinzoku Co (FRA:MMG) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsui Kinzoku Co stock appears to be overvalued. The current stock price of €124.60 is trading 295.3% above its estimated GF Value™ of €31.52. GuruFocus considers Mitsui Kinzoku Co to be Significantly Overvalued.

Key valuation signals for FRA:MMG:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €31.52 vs. price of €124.60 (295.3% above fair value)
  • GF Score™: 76/100

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


Mitsui Kinzoku Co Business Description

Other Exchanges MMSMY:USA5706:Japan
Address 1-11-1 Osaki, Gate City Ohsaki, West Tower, 20th Floor, Shingagawa-ku, Tokyo, JPN, 141-8584
Mitsui Kinzoku Co Ltd is a Japanese company. The company is engaged in the manufacturing and sales of functional materials and electronic materials, non-ferrous metal smelting, resource development, precious metal recycling, materials-related businesses, manufacturing and sales of automotive parts, and others. The company operates in segments, namely, Engineered Materials, Metals, Business creation, Business evaluation, and other businesses.
76GF Score

Get the complete analysis for FRA:MMG

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

€124.60
Price
€31.52
GF Value