Asahi-Seiki Manufacturing Co (NGO:6111) Cyclically Adjusted PB Ratio: 0.35 (As of Aug. 09, 2026) — 15% Below Median

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NGO:6111 Asahi-Seiki Manufacturing Co Ltd NGO:6111
55 GF Score
Price 円2,035.00
GF Value 円2,403.79
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Asahi-Seiki Manufacturing Co Cyclically Adjusted PB Ratio?

Asahi-Seiki Manufacturing Co NGO:6111 +0.79% 55 Cyclically Adjusted PB Ratio is 0.35 as of Aug. 09, 2026, which is 15% below its 10-year median of 0.41. GuruFocus rates NGO:6111 with a GF Score™ of 55/100 and a GF Value™ of 円2,403.79 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,242 Industrial Products companies, Asahi-Seiki Manufacturing Co ranks better than 93.53% on this metric.

As of today (2026-08-09), Asahi-Seiki Manufacturing Co's current share price is 円2035.00. Asahi-Seiki Manufacturing Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円5,826.17. Asahi-Seiki Manufacturing Co's Cyclically Adjusted PB Ratio for today is 0.35.

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

NGO:6111' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.41   Max: 0.59
Current: 0.35

During the past years, Asahi-Seiki Manufacturing Co's highest Cyclically Adjusted PB Ratio was 0.59. The lowest was 0.34. And the median was 0.41.

NGO:6111's Cyclically Adjusted PB Ratio is ranked better than
93.53% of 2242 companies
in the Industrial Products industry
Industry Median: 2.195 vs NGO:6111: 0.35

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.

Asahi-Seiki Manufacturing Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円6,158.162. 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5,826.17 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asahi-Seiki Manufacturing Co  (NGO:6111) 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.


Asahi-Seiki Manufacturing Co Cyclically Adjusted PB Ratio Related Terms


Asahi-Seiki Manufacturing Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Asahi-Seiki Manufacturing 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.

Asahi-Seiki Manufacturing Co Cyclically Adjusted PB Ratio Chart

Asahi-Seiki Manufacturing 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 0.42 0.46 0.39 0.36 0.40

Asahi-Seiki Manufacturing Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.36 0.35 0.37 0.41 0.40

NGO:6111 vs CRS, ATI, MLI: Cyclically Adjusted PB Ratio Comparison

For the Metal Fabrication subindustry, Asahi-Seiki Manufacturing 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.


Asahi-Seiki Manufacturing Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

* The bar in red indicates where Asahi-Seiki Manufacturing Co's Cyclically Adjusted PB Ratio falls into.


NGO:6111
55GF Score
Asahi-Seiki Manufacturing Co Ltd NGO:6111
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Asahi-Seiki Manufacturing 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.

Asahi-Seiki Manufacturing Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2035.00/5826.17
=0.35

* 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.

Asahi-Seiki Manufacturing Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Asahi-Seiki Manufacturing Co'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)
=6158.162/112.7000*112.7000
=6,158.162

Current CPI (Mar. 2026) = 112.7000.

Asahi-Seiki Manufacturing Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 4,610.616 97.900 5,307.624
201606 4,546.425 98.100 5,223.059
201609 4,589.605 98.000 5,278.046
201612 4,819.938 98.400 5,520.396
201703 4,784.484 98.100 5,496.548
201706 4,777.401 98.500 5,466.123
201709 4,891.068 98.800 5,579.184
201712 5,016.419 99.400 5,687.630
201803 5,021.281 99.200 5,704.621
201806 4,972.230 99.200 5,648.894
201809 5,566.892 99.900 6,280.167
201812 5,319.336 99.700 6,012.930
201903 5,356.156 99.700 6,054.551
201906 5,247.172 99.800 5,925.414
201909 5,270.438 100.100 5,933.850
201912 5,374.214 100.500 6,026.606
202003 5,205.472 100.300 5,849.020
202006 5,086.478 99.900 5,738.199
202009 5,017.794 99.900 5,660.715
202012 5,044.044 99.300 5,724.711
202103 5,352.289 99.900 6,038.068
202106 5,341.226 99.500 6,049.811
202109 5,425.063 100.100 6,107.938
202112 5,469.223 100.100 6,157.657
202203 5,445.998 101.100 6,070.860
202206 5,372.939 101.800 5,948.234
202209 5,422.499 103.100 5,927.407
202212 5,477.805 104.100 5,930.342
202303 5,468.907 104.400 5,903.696
202306 5,504.572 105.200 5,897.008
202309 5,593.035 106.200 5,935.358
202312 5,529.118 106.800 5,834.566
202403 5,694.319 107.200 5,986.472
202406 5,664.961 108.200 5,900.565
202409 5,625.978 108.900 5,822.293
202503 5,693.358 111.100 5,775.351
202506 5,653.605 111.700 5,704.219
202509 5,957.302 112.000 5,994.535
202512 5,801.495 113.000 5,786.093
202603 6,158.162 112.700 6,158.162

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 0.35 mean?
Asahi-Seiki Manufacturing Co (NGO:6111) has a Cyclically Adjusted PB Ratio of 0.35 as of Aug. 09, 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 Asahi-Seiki Manufacturing Co and its competitors. This is 15% below median its historical median of 0.41. Over the past decade, Asahi-Seiki Manufacturing Co's Cyclically Adjusted PB Ratio has ranged from 0.34 to 0.59. According to the industry distribution chart, Asahi-Seiki Manufacturing Co ranks #145 out of 2242 companies in the Industrial Products industry, placing it in the top 6.5%.
Is Asahi-Seiki Manufacturing Co's Cyclically Adjusted PB Ratio too high?
Asahi-Seiki Manufacturing Co's current Cyclically Adjusted PB Ratio of 0.35 is 15% below median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 0.59. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.20. Asahi-Seiki Manufacturing Co's value of 0.35 is 84.1% below this industry median. Based on the distribution chart, Asahi-Seiki Manufacturing Co ranks #145 out of 2242 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Asahi-Seiki Manufacturing Co has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asahi-Seiki Manufacturing Co's Cyclically Adjusted PB Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Asahi-Seiki Manufacturing Co ranks #145 out of 2242 companies for Cyclically Adjusted PB Ratio. This places Asahi-Seiki Manufacturing Co in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.20. Asahi-Seiki Manufacturing Co's value of 0.35 is 84.1% below this benchmark. Historically, Asahi-Seiki Manufacturing Co's own Cyclically Adjusted PB Ratio has ranged from 0.34 to 0.59 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 2.20, Asahi-Seiki Manufacturing 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 2.20, based on 2,242 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. Asahi-Seiki Manufacturing Co's current Cyclically Adjusted PB Ratio of 0.35 is 84.1% 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 Asahi-Seiki Manufacturing Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi-Seiki Manufacturing Co's current Cyclically Adjusted PB Ratio is 0.35, which is 15% below median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi-Seiki Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Asahi-Seiki Manufacturing Co (NGO:6111) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,403.79, compared to a current price of 円2,035.00 — trading 15.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.35, which is 15% below median its 10-year median of 0.41 and 84.1% below the Industrial Products industry median of 2.20. Asahi-Seiki Manufacturing Co's overall GF Score™ is 55/100 with 3 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 Asahi-Seiki Manufacturing Co (NGO:6111), the current Cyclically Adjusted PB Ratio is 0.35 as of Aug. 09, 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 Asahi-Seiki Manufacturing Co (NGO:6111) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi-Seiki Manufacturing Co stock appears to be undervalued. The current stock price of 円2,035.00 is trading 15.3% below its estimated GF Value™ of 円2,403.79. GuruFocus considers Asahi-Seiki Manufacturing Co to be Modestly Undervalued.

Key valuation signals for NGO:6111:

  • Cyclically Adjusted PB Ratio: 0.35 (15% below median its 10-year median of 0.41)
  • GF Value™: 円2,403.79 vs. price of 円2,035.00 (15.3% below fair value)
  • GF Score™: 55/100 with 3 warning signs
  • Industry Position: 84.1% below the Industrial Products median (#145 of 2242)

No single metric tells the full story. See the NGO:6111 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahi-Seiki Manufacturing Co Business Description

Address 5050-1, Shindenhora, Asahimae-cho, Owariasahi-shi, Aichi, JPN, 488-8655
Asahi-Seiki Manufacturing Co Ltd is a Japan-based company that engages in the manufacture and sale of precision metal products, press machines, and spring forming machines. The company's segment includes the Precision Machining Division and the Mechanical Division. The company generates the majority of its revenue from the Precision Machining Division. The Precision Machining Division manufactures and sells precision metal products and small-caliber bullets.
55GF Score

Get the complete analysis for NGO:6111

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

円2,035.00
Price
円2,403.79
GF Value