Sumitomo Heavy Industries (FRA:SSM1) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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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:SSM1 Sumitomo Heavy Industries Ltd FRA:SSM1
77 GF Score
Price €31.69
GF Value €20.19
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Sumitomo Heavy Industries Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sumitomo Heavy Industries  (FRA:SSM1) 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.


Sumitomo Heavy Industries Cyclically Adjusted PB Ratio Related Terms


Sumitomo Heavy Industries Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sumitomo Heavy Industries'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.

Sumitomo Heavy Industries Cyclically Adjusted PB Ratio Chart

Sumitomo Heavy Industries Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 - - - -

Sumitomo Heavy Industries Quarterly Data
Dec20 Mar21 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 0.52 0.60 0.66 0.74 0.77

FRA:SSM1 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Sumitomo Heavy Industries'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.


Sumitomo Heavy Industries Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sumitomo Heavy Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:SSM1
77GF Score
Sumitomo Heavy Industries Ltd FRA:SSM1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sumitomo Heavy Industries 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.

Sumitomo Heavy Industries's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Sumitomo Heavy Industries'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)
=32.012/113.6000*113.6000
=32.012

Current CPI (Jun. 2026) = 113.6000.

Sumitomo Heavy Industries Quarterly Data

Book Value per Share CPI Adj_Book
201512 23.356 98.100 27.046
201603 24.384 97.900 28.294
201606 26.878 98.100 31.125
201609 26.670 98.000 30.915
201612 24.854 98.400 28.693
201703 28.013 98.100 32.439
201706 26.048 98.500 30.041
201709 25.965 98.800 29.854
201712 25.646 99.400 29.310
201803 27.763 99.200 31.793
201806 27.974 99.200 32.035
201809 28.062 99.900 31.910
201812 29.678 99.700 33.816
201903 30.536 99.700 34.793
201906 31.027 99.800 35.317
201909 32.482 100.100 36.863
201912 31.033 100.500 35.078
202003 32.913 100.300 37.277
202006 31.757 99.900 36.112
202009 31.677 99.900 36.021
202012 31.787 99.300 36.365
202103 31.736 99.900 36.088
202203 34.264 101.100 38.500
202206 34.719 101.800 38.743
202209 35.628 103.100 39.256
202212 33.445 104.100 36.497
202303 33.188 104.400 36.113
202306 32.099 105.200 34.662
202309 32.590 106.200 34.861
202312 32.894 106.800 34.988
202403 32.514 107.200 34.455
202406 32.211 108.200 33.819
202409 32.832 108.900 34.249
202412 33.051 110.700 33.917
202503 32.406 111.100 33.135
202506 30.936 111.700 31.462
202509 30.641 112.000 31.079
202512 31.017 113.000 31.182
202603 31.468 112.700 31.719
202606 32.012 113.600 32.012

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 Sumitomo Heavy Industries (FRA:SSM1) Overvalued in 2026?

Based on GuruFocus' analysis, Sumitomo Heavy Industries stock appears to be overvalued. The current stock price of €31.69 is trading 57% above its estimated GF Value™ of €20.19. GuruFocus considers Sumitomo Heavy Industries to be Significantly Overvalued.

Key valuation signals for FRA:SSM1:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €20.19 vs. price of €31.69 (57% above fair value)
  • GF Score™: 77/100 with 4 warning signs

No single metric tells the full story. See the FRA:SSM1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sumitomo Heavy Industries Business Description

Address 2-1-1 Osaki, ThinkPark Tower, Shinagawa-ku, Tokyo, JPN, 141-6025
Sumitomo Heavy Industries Ltd manufactures and sells mechanical components. The company operates through four segments. The Energy & Lifelines segment covers power generation equipment, boilers, turbines, pumps, water treatment systems, ships, and food machinery. Industrial Machinery includes plastic and film processing machinery, cryogenic refrigerators, semiconductor equipment, accelerators, medical devices, forging presses, machine tools, and defense equipment. Logistics & Construction handles excavators, cranes, road machinery, logistics systems, and parking systems. Mechatronics provides gear reducers, motors, inverters, laser processing systems, and control devices, while Others include real estate and software.
77GF Score

Get the complete analysis for FRA:SSM1

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

€31.69
Price
€20.19
GF Value