Mitsui E&S Co (FRA:MU1) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
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:MU1 Mitsui E&S Co Ltd FRA:MU1
54 GF Score
Price €24.02
GF Value €11.42
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Mitsui E&S Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation

Mitsui E&S Co  (FRA:MU1) 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 E&S Co Cyclically Adjusted PB Ratio Related Terms

Mitsui E&S Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mitsui E&S 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 E&S Co Cyclically Adjusted PB Ratio Chart

Mitsui E&S 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 0.11 0.12 0.51 0.50 1.66

Mitsui E&S 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 0.78 1.24 1.50 1.58 1.17

FRA:MU1 vs SPCX, GE, RTX: Cyclically Adjusted PB Ratio Comparison

For the Aerospace & Defense subindustry, Mitsui E&S 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 E&S Co Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Mitsui E&S Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:MU1
54GF Score
Mitsui E&S Co Ltd FRA:MU1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

For example, Mitsui E&S 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)
=12.194/113.6000*113.6000
=12.194

Current CPI (Jun. 2026) = 113.6000.

Mitsui E&S Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 35.268 98.000 40.882
201612 32.846 98.400 37.920
201703 38.164 98.100 44.194
201706 33.981 98.500 39.190
201709 32.959 98.800 37.896
201712 33.234 99.400 37.982
201803 33.753 99.200 38.653
201806 33.436 99.200 38.290
201809 29.021 99.900 33.001
201812 30.706 99.700 34.987
201903 27.897 99.700 31.786
201906 28.010 99.800 31.883
201909 21.033 100.100 23.870
201912 19.626 100.500 22.184
202003 11.002 100.300 12.461
202006 8.214 99.900 9.340
202009 8.406 99.900 9.559
202012 8.619 99.300 9.860
202103 8.427 99.900 9.583
202106 10.129 99.500 11.564
202109 9.974 100.100 11.319
202112 7.755 100.100 8.801
202203 5.765 101.100 6.478
202206 6.771 101.800 7.556
202209 7.487 103.100 8.249
202212 7.865 104.100 8.583
202303 8.392 104.400 9.132
202306 7.479 105.200 8.076
202309 7.892 106.200 8.442
202312 8.509 106.800 9.051
202403 8.613 107.200 9.127
202406 9.456 108.200 9.928
202409 9.831 108.900 10.255
202412 9.957 110.700 10.218
202503 10.410 111.100 10.644
202506 10.618 111.700 10.799
202509 11.154 112.000 11.313
202512 11.255 113.000 11.315
202603 12.642 112.700 12.743
202606 12.194 113.600 12.194

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 E&S Co (FRA:MU1) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsui E&S Co stock appears to be overvalued. The current stock price of €24.02 is trading 110.3% above its estimated GF Value™ of €11.42. GuruFocus considers Mitsui E&S Co to be Significantly Overvalued.

Key valuation signals for FRA:MU1:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €11.42 vs. price of €24.02 (110.3% above fair value)
  • GF Score™: 54/100 with 3 warning signs

No single metric tells the full story. See the FRA:MU1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mitsui E&S Co Business Description

Address 6-4 Tsukiji 5-chome, Chuo-ku, Tokyo, JPN, 104-8439
Mitsui E&S Co Ltd constructs commercial and naval ships, engines and generators, plants, and other engineering projects. It manufactures carriers, tankers, vessels, and underwater vehicles for a variety of end markets. Engineering and design teams work to enhance technological capabilities and deliver advanced ships. Mitsui has three business segments: ship and ocean projects (approximately half of total revenue), machinery and systems, and engineering. It plans and builds chemical, power generation, water, and waste plants to help customers develop cost-effective products. After-sales services repair industrial machinery and deliver spare parts to customers. Japan and Brazil generate more sales than any other country.
54GF Score

Get the complete analysis for FRA:MU1

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

€24.02
Price
€11.42
GF Value