MIELF (Mitsubishi Electric) Cyclically Adjusted PB Ratio: 3.68 (As of Jul. 08, 2026) — 90% Above Median


MIELF Mitsubishi Electric Corp MIELF
72 GF Score
Price $36.87
GF Value $19.88
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Mitsubishi Electric Cyclically Adjusted PB Ratio?

Mitsubishi Electric MIELF 72 Cyclically Adjusted PB Ratio is 3.68 as of Jul. 08, 2026, which is 90% above its 10-year median of 1.94. GuruFocus rates MIELF with a GF Score™ of 72/100 and a GF Value™ of $19.88 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,295 Industrial Products companies, Mitsubishi Electric ranks worse than 68.24% on this metric.

As of today (2026-07-08), Mitsubishi Electric's current share price is $36.87. Mitsubishi Electric's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $10.03. Mitsubishi Electric's Cyclically Adjusted PB Ratio for today is 3.68.

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

MIELF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.21   Med: 1.94   Max: 4.43
Current: 4.02

During the past years, Mitsubishi Electric's highest Cyclically Adjusted PB Ratio was 4.43. The lowest was 1.21. And the median was 1.94.

MIELF's Cyclically Adjusted PB Ratio is ranked worse than
68.24% of 2295 companies
in the Industrial Products industry
Industry Median: 2.29 vs MIELF: 4.02

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.

Mitsubishi Electric's adjusted book value per share data for the three months ended in Mar. 2026 was $13.809. 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 $10.03 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsubishi Electric  (OTCPK:MIELF) 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.


Mitsubishi Electric Cyclically Adjusted PB Ratio Related Terms


Mitsubishi Electric Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mitsubishi Electric'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.

Mitsubishi Electric Cyclically Adjusted PB Ratio Chart

Mitsubishi Electric 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 1.45 1.45 2.06 2.01 3.37

Mitsubishi Electric 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 2.01 2.24 2.69 3.15 3.37

MIELF vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Mitsubishi Electric'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.


Mitsubishi Electric Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


MIELF
72GF Score
Mitsubishi Electric Corp MIELF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mitsubishi Electric 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.

Mitsubishi Electric's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=36.87/10.03
=3.68

* 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.

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

For example, Mitsubishi Electric'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)
=13.809/112.7000*112.7000
=13.809

Current CPI (Mar. 2026) = 112.7000.

Mitsubishi Electric Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.689 98.100 8.833
201609 8.138 98.000 9.359
201612 7.794 98.400 8.927
201703 8.534 98.100 9.804
201706 8.670 98.500 9.920
201709 9.132 98.800 10.417
201712 9.303 99.400 10.548
201803 10.082 99.200 11.454
201806 9.676 99.200 10.993
201809 9.734 99.900 10.981
201812 9.597 99.700 10.848
201903 10.066 99.700 11.379
201906 10.198 99.800 11.516
201909 10.438 100.100 11.752
201912 10.588 100.500 11.873
202003 10.520 100.300 11.821
202006 10.483 99.900 11.826
202009 10.840 99.900 12.229
202012 11.375 99.300 12.910
202103 11.811 99.900 13.324
202106 11.682 99.500 13.232
202109 11.876 100.100 13.371
202112 11.620 100.100 13.083
202203 11.883 101.100 13.246
202206 10.700 101.800 11.846
202209 10.195 103.100 11.144
202212 10.788 104.100 11.679
202303 11.476 104.400 12.388
202306 11.228 105.200 12.028
202309 10.977 106.200 11.649
202312 11.304 106.800 11.928
202403 11.952 107.200 12.565
202406 11.549 108.200 12.029
202409 12.632 108.900 13.073
202412 12.250 110.700 12.471
202503 12.768 111.100 12.952
202506 13.242 111.700 13.361
202509 13.347 112.000 13.430
202512 13.045 113.000 13.010
202603 13.809 112.700 13.809

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 3.68 mean?
Mitsubishi Electric (MIELF) has a Cyclically Adjusted PB Ratio of 3.68 as of Jul. 08, 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 Mitsubishi Electric and its competitors. This is 90% above median its historical median of 1.94. Over the past decade, Mitsubishi Electric's Cyclically Adjusted PB Ratio has ranged from 1.21 to 4.43. According to the industry distribution chart, Mitsubishi Electric ranks #1566 out of 2295 companies in the Industrial Products industry, placing it in the top 68.2%.
Is Mitsubishi Electric's Cyclically Adjusted PB Ratio too high?
Mitsubishi Electric's current Cyclically Adjusted PB Ratio of 3.68 is 90% above median its 10-year median of 1.94. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 4.43. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.29. Mitsubishi Electric's value of 3.68 is 60.7% above this industry median. Based on the distribution chart, Mitsubishi Electric ranks #1566 out of 2295 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Mitsubishi Electric has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Electric's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Mitsubishi Electric ranks #1566 out of 2295 companies for Cyclically Adjusted PB Ratio. This places Mitsubishi Electric in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.29. Mitsubishi Electric's value of 3.68 is 60.7% above this benchmark. Historically, Mitsubishi Electric's own Cyclically Adjusted PB Ratio has ranged from 1.21 to 4.43 over the past decade. While the company's 10-year median is 1.94 vs. the industry median of 2.29, Mitsubishi Electric 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.29, based on 2,295 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. Mitsubishi Electric's current Cyclically Adjusted PB Ratio of 3.68 is 60.7% 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 Mitsubishi Electric and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsubishi Electric's current Cyclically Adjusted PB Ratio is 3.68, which is 90% above median its own 10-year median of 1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Electric stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Electric (MIELF) is currently considered Significantly Overvalued. The stock's GF Value™ is $19.88, compared to a current price of $36.87 — trading 85.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.68, which is 90% above median its 10-year median of 1.94 and 60.7% above the Industrial Products industry median of 2.29. Mitsubishi Electric's overall GF Score™ is 72/100 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 Mitsubishi Electric (MIELF), the current Cyclically Adjusted PB Ratio is 3.68 as of Jul. 08, 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 Mitsubishi Electric (MIELF) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsubishi Electric stock appears to be overvalued. The current stock price of $36.87 is trading 85.5% above its estimated GF Value™ of $19.88. GuruFocus considers Mitsubishi Electric to be Significantly Overvalued.

Key valuation signals for MIELF:

  • Cyclically Adjusted PB Ratio: 3.68 (90% above median its 10-year median of 1.94)
  • GF Value™: $19.88 vs. price of $36.87 (85.5% above fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 60.7% above the Industrial Products median (#1566 of 2295)

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


Mitsubishi Electric Business Description

Address 2-7-3 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-8310
Mitsubishi Electric is a leading Japanese diversified industrial manufacturer, specializing in factory automation systems, power and energy systems, infrastructure solutions, automotive equipment, electronic devices, and home appliances. Founded in 1921 and headquartered in Tokyo, the company operates globally with a strong presence in Asia, Europe, and North America. Known for its technological expertise and high reliability, Mitsubishi Electric plays a vital role in sectors ranging from smart manufacturing and transportation to energy management and defense. The company emphasizes sustainability, innovation, and long-term growth through its focus on electrification, automation, and digitalization.
72GF Score

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

$36.87
Price
$19.88
GF Value