Aichi Steel (NGO:5482) Cyclically Adjusted PB Ratio: 1.08 (As of Jul. 28, 2026) — 140% Above Median

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NGO:5482 Aichi Steel Corp NGO:5482
75 GF Score
Price 円1,965.00
GF Value 円945.42
! 1 Warning Sign
View Full Analysis

What is Aichi Steel Cyclically Adjusted PB Ratio?

Aichi Steel NGO:5482 75 Cyclically Adjusted PB Ratio is 1.08 as of Jul. 28, 2026, which is 140% above its 10-year median of 0.45. GuruFocus rates NGO:5482 with a GF Score™ of 75/100 and a GF Value™ of 円945.42. The stock has 1 warning sign investors should review. Among 509 Steel companies, Aichi Steel ranks worse than 59.33% on this metric.

As of today (2026-07-28), Aichi Steel's current share price is 円1965.00. Aichi Steel's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,826.29. Aichi Steel's Cyclically Adjusted PB Ratio for today is 1.08.

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

NGO:5482' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.45   Max: 1.36
Current: 1.18

During the past years, Aichi Steel's highest Cyclically Adjusted PB Ratio was 1.36. The lowest was 0.25. And the median was 0.45.

NGO:5482's Cyclically Adjusted PB Ratio is ranked worse than
59.33% of 509 companies
in the Steel industry
Industry Median: 0.92 vs NGO:5482: 1.18

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.

Aichi Steel's adjusted book value per share data for the three months ended in Mar. 2026 was 円3,677.448. 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1,826.29 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aichi Steel  (NGO:5482) 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.


Aichi Steel Cyclically Adjusted PB Ratio Related Terms


Aichi Steel Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Aichi Steel'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.

Aichi Steel Cyclically Adjusted PB Ratio Chart

Aichi Steel 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 0.31 0.28 0.44 0.72 1.08

Aichi Steel 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 0.72 0.86 1.07 1.13 1.08

NGO:5482 vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, Aichi Steel'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.


Aichi Steel Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Aichi Steel's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NGO:5482
75GF Score
Aichi Steel Corp NGO:5482
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aichi Steel 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.

Aichi Steel's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1965.00/1826.29
=1.08

* 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.

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

For example, Aichi Steel'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)
=3677.448/112.7000*112.7000
=3,677.448

Current CPI (Mar. 2026) = 112.7000.

Aichi Steel Quarterly Data

Book Value per Share CPI Adj_Book
201606 1,727.615 98.100 1,984.732
201609 1,763.182 98.000 2,027.659
201612 1,787.610 98.400 2,047.395
201703 1,816.600 98.100 2,086.960
201706 1,848.543 98.500 2,115.033
201709 1,886.201 98.800 2,151.567
201712 1,919.413 99.400 2,176.236
201803 1,929.117 99.200 2,191.648
201806 1,930.501 99.200 2,193.220
201809 1,970.432 99.900 2,222.900
201812 1,937.804 99.700 2,190.477
201903 1,938.604 99.700 2,191.381
201906 1,938.642 99.800 2,189.228
201909 1,961.212 100.100 2,208.078
201912 1,991.783 100.500 2,233.572
202003 2,202.045 100.300 2,474.282
202006 1,942.275 99.900 2,191.135
202009 1,952.880 99.900 2,203.099
202012 2,005.677 99.300 2,276.332
202103 2,448.425 99.900 2,762.137
202106 2,165.848 99.500 2,453.177
202109 2,156.978 100.100 2,428.486
202112 2,156.763 100.100 2,428.244
202203 2,556.126 101.100 2,849.410
202206 2,588.948 101.800 2,866.154
202209 2,596.571 103.100 2,838.347
202212 2,586.425 104.100 2,800.097
202303 2,582.137 104.400 2,787.422
202306 2,642.395 105.200 2,830.779
202309 2,686.273 106.200 2,850.687
202312 2,699.110 106.800 2,848.218
202403 3,178.083 107.200 3,341.138
202406 3,252.656 108.200 3,387.933
202409 3,209.174 108.900 3,321.156
202412 3,275.729 110.700 3,334.911
202503 3,035.613 111.100 3,079.330
202506 3,251.094 111.700 3,280.200
202509 3,359.003 112.000 3,379.997
202512 3,537.497 113.000 3,528.105
202603 3,677.448 112.700 3,677.448

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 1.08 mean?
Aichi Steel (NGO:5482) has a Cyclically Adjusted PB Ratio of 1.08 as of Jul. 28, 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 Aichi Steel and its competitors. This is 140% above median its historical median of 0.45. Over the past decade, Aichi Steel's Cyclically Adjusted PB Ratio has ranged from 0.25 to 1.36. According to the industry distribution chart, Aichi Steel ranks #302 out of 509 companies in the Steel industry, placing it in the top 59.3%.
Is Aichi Steel's Cyclically Adjusted PB Ratio too high?
Aichi Steel's current Cyclically Adjusted PB Ratio of 1.08 is 140% above median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 1.36. The Steel industry median Cyclically Adjusted PB Ratio is 0.92. Aichi Steel's value of 1.08 is 17.4% above this industry median. Based on the distribution chart, Aichi Steel ranks #302 out of 509 companies in the Steel industry, which is below the industry midpoint. Overall, Aichi Steel has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Aichi Steel's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Aichi Steel ranks #302 out of 509 companies for Cyclically Adjusted PB Ratio. This places Aichi Steel in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.92. Aichi Steel's value of 1.08 is 17.4% above this benchmark. Historically, Aichi Steel's own Cyclically Adjusted PB Ratio has ranged from 0.25 to 1.36 over the past decade. While the company's 10-year median is 0.45 vs. the industry median of 0.92, Aichi Steel 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 a Steel company?
The median Cyclically Adjusted PB Ratio among Steel companies is 0.92, based on 509 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. Aichi Steel's current Cyclically Adjusted PB Ratio of 1.08 is 17.4% 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 Aichi Steel and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aichi Steel's current Cyclically Adjusted PB Ratio is 1.08, which is 140% above median its own 10-year median of 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aichi Steel stock overvalued right now?
Aichi Steel (NGO:5482) has a current Cyclically Adjusted PB Ratio of 1.08. The stock's GF Value™ is 円945.42, compared to a current price of 円1,965.00 — trading 107.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.08, which is 140% above median its 10-year median of 0.45 and 17.4% above the Steel industry median of 0.92. Aichi Steel's overall GF Score™ is 75/100 with 1 warning sign 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 Aichi Steel (NGO:5482), the current Cyclically Adjusted PB Ratio is 1.08 as of Jul. 28, 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 Aichi Steel (NGO:5482) Overvalued in 2026?

Based on GuruFocus' analysis, Aichi Steel stock appears to be overvalued. The current stock price of 円1,965.00 is trading 107.8% above its estimated GF Value™ of 円945.42.

Key valuation signals for NGO:5482:

  • Cyclically Adjusted PB Ratio: 1.08 (140% above median its 10-year median of 0.45)
  • GF Value™: 円945.42 vs. price of 円1,965.00 (107.8% above fair value)
  • GF Score™: 75/100 with 1 warning sign
  • Industry Position: 17.4% above the Steel median (#302 of 509)

No single metric tells the full story. See the NGO:5482 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aichi Steel Business Description

Other Exchanges 5482:Japan8T2:Germany
Address 1 Wanowari Araomachi, Aichi-ken, Tokai, JPN, 476-8666
Aichi Steel Corp is a Japan-based company that manufactures and sells steel, forged products and electro-magnetic products. The company operates through four segments. The steel segment manufactures and sells specialty steel, stainless steel, and titanium. The forged product segment produces a wide variety of forgings. The electromagnetic products segment manufactures electromagnetic components. The steel and forged products segments are the two biggest segments, representing the majority of Aichi Steel's sales. Aichi Steel is a member of Toyota Group. Toyota Motor and Toyota Tsusho are its major customers. The company generates most of its revenue from the Japanese domestic market.
75GF Score

Get the complete analysis for NGO:5482

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

円1,965.00
Price
円945.42
GF Value