Shinwa Co (NGO:3447) Cyclically Adjusted PB Ratio: 0.88 (As of Aug. 06, 2026) — Near Median

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NGO:3447 Shinwa Co Ltd NGO:3447
65 GF Score
Price 円886.00
GF Value 円994.25
! 5 Warning Signs
View Full Analysis

What is Shinwa Co Cyclically Adjusted PB Ratio?

Shinwa Co NGO:3447 65 Cyclically Adjusted PB Ratio is 0.88 as of Aug. 06, 2026, which is 1% above its 10-year median of 0.87. GuruFocus rates NGO:3447 with a GF Score™ of 65/100 and a GF Value™ of 円994.25. The stock has 5 warning signs investors should review. Among 2,254 Industrial Products companies, Shinwa Co ranks better than 77.99% on this metric.

As of today (2026-08-06), Shinwa Co's current share price is 円886.00. Shinwa Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was 円1,005.75. Shinwa Co's Cyclically Adjusted PB Ratio for today is 0.88.

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

NGO:3447' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.8   Med: 0.87   Max: 0.91
Current: 0.9

During the past 10 years, Shinwa Co's highest Cyclically Adjusted PB Ratio was 0.91. The lowest was 0.80. And the median was 0.87.

NGO:3447's Cyclically Adjusted PB Ratio is ranked better than
77.99% of 2254 companies
in the Industrial Products industry
Industry Median: 2.065 vs NGO:3447: 0.90

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.

Shinwa Co's adjusted book value per share data of for the fiscal year that ended in Mar26 was 円1,247.211. 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 円1,005.75 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shinwa Co  (NGO:3447) 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.


Shinwa Co Cyclically Adjusted PB Ratio Related Terms


Shinwa Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shinwa 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.

Shinwa Co Cyclically Adjusted PB Ratio Chart

Shinwa 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 0.00 0.00 0.00 0.00 0.88

Shinwa Co Semi-Annual Data
Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.00 0.00 0.00 0.00 0.88

NGO:3447 vs CRS, ATI, MLI: Cyclically Adjusted PB Ratio Comparison

For the Metal Fabrication subindustry, Shinwa 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.


Shinwa Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


NGO:3447
65GF Score
Shinwa Co Ltd NGO:3447
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shinwa 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.

Shinwa Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=886.00/1005.75
=0.88

* 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.

Shinwa Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Shinwa Co's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=1247.211/112.7000*112.7000
=1,247.211

Current CPI (Mar26) = 112.7000.

Shinwa Co Annual Data

Book Value per Share CPI Adj_Book
201703 761.169 98.100 874.452
201803 868.061 99.200 986.194
201903 919.223 99.700 1,039.082
202003 975.277 100.300 1,095.850
202103 1,019.592 99.900 1,150.230
202203 1,088.856 101.100 1,213.789
202303 1,117.598 104.400 1,206.449
202403 1,100.649 107.200 1,157.119
202503 1,137.816 111.100 1,154.202
202603 1,247.211 112.700 1,247.211

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 0.88 mean?
Shinwa Co (NGO:3447) has a Cyclically Adjusted PB Ratio of 0.88 as of Aug. 06, 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 Shinwa Co and its competitors. This is near median its historical median of 0.87. Over the past decade, Shinwa Co's Cyclically Adjusted PB Ratio has ranged from 0.80 to 0.91. According to the industry distribution chart, Shinwa Co ranks #496 out of 2254 companies in the Industrial Products industry, placing it in the top 22%.
Is Shinwa Co's Cyclically Adjusted PB Ratio too high?
Shinwa Co's current Cyclically Adjusted PB Ratio of 0.88 is near median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 0.91. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.07. Shinwa Co's value of 0.88 is 57.4% below this industry median. Based on the distribution chart, Shinwa Co ranks #496 out of 2254 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shinwa Co has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Shinwa Co's Cyclically Adjusted PB Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Shinwa Co ranks #496 out of 2254 companies for Cyclically Adjusted PB Ratio. This places Shinwa Co in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.07. Shinwa Co's value of 0.88 is 57.4% below this benchmark. Historically, Shinwa Co's own Cyclically Adjusted PB Ratio has ranged from 0.80 to 0.91 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 2.07, Shinwa Co has consistently been below 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 2.07, based on 2,254 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. Shinwa Co's current Cyclically Adjusted PB Ratio of 0.88 is 57.4% below 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 Shinwa Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinwa Co's current Cyclically Adjusted PB Ratio is 0.88, which is near median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinwa Co stock overvalued right now?
Shinwa Co (NGO:3447) has a current Cyclically Adjusted PB Ratio of 0.88. The stock's GF Value™ is 円994.25, compared to a current price of 円886.00 — trading 10.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.88, which is near median its 10-year median of 0.87 and 57.4% below the Industrial Products industry median of 2.07. Shinwa Co's overall GF Score™ is 65/100 with 5 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 Shinwa Co (NGO:3447), the current Cyclically Adjusted PB Ratio is 0.88 as of Aug. 06, 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 Shinwa Co (NGO:3447) Overvalued in 2026?

Based on GuruFocus' analysis, Shinwa Co stock appears to be undervalued. The current stock price of 円886.00 is trading 10.9% below its estimated GF Value™ of 円994.25.

Key valuation signals for NGO:3447:

  • Cyclically Adjusted PB Ratio: 0.88 (near median its 10-year median of 0.87)
  • GF Value™: 円994.25 vs. price of 円886.00 (10.9% below fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 57.4% below the Industrial Products median (#496 of 2254)

No single metric tells the full story. See the NGO:3447 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinwa Co Business Description

Other Exchanges 3447:Japan
Address 30-7 Hiratacho Bushigawa, Gifu Prefecture, Kaizu-shi, JPN, 503-0311
Shinwa Co Ltd is a Japan-based company offering temporary construction materials and distribution equipment. Products offered by the company include Shinwa catcher, Shinwa pallet, logistics equipment and other safety equipment such as preceding handrail safe hangers, baseboard safe angles, simple lift handling boxes.
65GF Score

Get the complete analysis for NGO:3447

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

円886.00
Price
円994.25
GF Value