Shibuya (NGO:6340) Cyclically Adjusted PB Ratio: 1.16 (As of Jul. 31, 2026) — 26% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

NGO:6340 Shibuya Corp NGO:6340
73 GF Score
Price 円3,095.00
GF Value 円1,917.59
! 5 Warning Signs
View Full Analysis

What is Shibuya Cyclically Adjusted PB Ratio?

Shibuya NGO:6340 73 Cyclically Adjusted PB Ratio is 1.16 as of Jul. 31, 2026, which is 26% below its 10-year median of 1.57. GuruFocus rates NGO:6340 with a GF Score™ of 73/100 and a GF Value™ of 円1,917.59. The stock has 5 warning signs investors should review. Among 2,266 Industrial Products companies, Shibuya ranks better than 62.58% on this metric.

As of today (2026-07-31), Shibuya's current share price is 円3095.00. Shibuya's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was 円2,662.59. Shibuya's Cyclically Adjusted PB Ratio for today is 1.16.

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

NGO:6340' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.03   Med: 1.57   Max: 3.79
Current: 1.45

During the past years, Shibuya's highest Cyclically Adjusted PB Ratio was 3.79. The lowest was 1.03. And the median was 1.57.

NGO:6340's Cyclically Adjusted PB Ratio is ranked better than
62.58% of 2266 companies
in the Industrial Products industry
Industry Median: 2.08 vs NGO:6340: 1.45

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.

Shibuya's adjusted book value per share data for the three months ended in Dec. 2025 was 円4,032.567. 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2,662.59 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shibuya  (NGO:6340) 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.


Shibuya Cyclically Adjusted PB Ratio Related Terms


Shibuya Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shibuya'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.

Shibuya Cyclically Adjusted PB Ratio Chart

Shibuya Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.79 1.20 1.18 1.43 1.14

Shibuya 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 1.16 1.14 1.19 1.16 0.00

NGO:6340 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Shibuya'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.


Shibuya Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


NGO:6340
73GF Score
Shibuya Corp NGO:6340
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shibuya 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.

Shibuya's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3095.00/2662.59
=1.16

* 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.

Shibuya's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Shibuya's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=4032.567/113.0000*113.0000
=4,032.567

Current CPI (Dec. 2025) = 113.0000.

Shibuya Quarterly Data

Book Value per Share CPI Adj_Book
201603 1,637.862 97.900 1,890.484
201606 1,626.369 98.100 1,873.391
201609 1,622.466 98.000 1,870.803
201612 1,717.301 98.400 1,972.104
201703 1,810.257 98.100 2,085.209
201706 1,870.613 98.500 2,145.982
201709 1,884.058 98.800 2,154.844
201712 1,964.617 99.400 2,233.418
201803 2,024.902 99.200 2,306.592
201806 2,102.284 99.200 2,394.739
201809 2,102.537 99.900 2,378.245
201812 2,178.582 99.700 2,469.205
201903 2,248.048 99.700 2,547.938
201906 2,307.395 99.800 2,612.582
201909 2,301.937 100.100 2,598.590
201912 2,389.728 100.500 2,686.958
202003 2,426.413 100.300 2,733.646
202006 2,481.820 99.900 2,807.264
202009 2,462.737 99.900 2,785.678
202012 2,549.118 99.300 2,900.809
202103 2,647.282 99.900 2,994.423
202106 2,780.027 99.500 3,157.217
202109 2,797.521 100.100 3,158.041
202112 2,898.363 100.100 3,271.878
202203 2,964.109 101.100 3,313.000
202206 3,087.360 101.800 3,427.030
202209 3,074.095 103.100 3,369.280
202212 3,122.203 104.100 3,389.135
202303 3,169.082 104.400 3,430.137
202306 3,259.190 105.200 3,500.841
202309 3,253.768 106.200 3,462.107
202312 3,341.526 106.800 3,535.510
202403 3,441.103 107.200 3,627.282
202406 3,651.317 108.200 3,813.298
202409 3,655.076 108.900 3,792.687
202412 3,788.983 110.700 3,867.706
202503 3,824.189 111.100 3,889.589
202506 3,900.853 111.700 3,946.252
202509 3,914.010 112.000 3,948.957
202512 4,032.567 113.000 4,032.567

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 1.16 mean?
Shibuya (NGO:6340) has a Cyclically Adjusted PB Ratio of 1.16 as of Jul. 31, 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 Shibuya and its competitors. This is 26% below median its historical median of 1.57. Over the past decade, Shibuya's Cyclically Adjusted PB Ratio has ranged from 1.03 to 3.79. According to the industry distribution chart, Shibuya ranks #848 out of 2266 companies in the Industrial Products industry, placing it in the top 37.4%.
Is Shibuya's Cyclically Adjusted PB Ratio too high?
Shibuya's current Cyclically Adjusted PB Ratio of 1.16 is 26% below median its 10-year median of 1.57. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 3.79. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.08. Shibuya's value of 1.16 is 44.2% below this industry median. Based on the distribution chart, Shibuya ranks #848 out of 2266 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Shibuya has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Shibuya's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shibuya ranks #848 out of 2266 companies for Cyclically Adjusted PB Ratio. This puts Shibuya in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. Shibuya's value of 1.16 is 44.2% below this benchmark. Historically, Shibuya's own Cyclically Adjusted PB Ratio has ranged from 1.03 to 3.79 over the past decade. While the company's 10-year median is 1.57 vs. the industry median of 2.08, Shibuya 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 2.08, based on 2,266 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. Shibuya's current Cyclically Adjusted PB Ratio of 1.16 is 44.2% 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 Shibuya and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shibuya's current Cyclically Adjusted PB Ratio is 1.16, which is 26% below median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shibuya stock overvalued right now?
Shibuya (NGO:6340) has a current Cyclically Adjusted PB Ratio of 1.16. The stock's GF Value™ is 円1,917.59, compared to a current price of 円3,095.00 — trading 61.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.16, which is 26% below median its 10-year median of 1.57 and 44.2% below the Industrial Products industry median of 2.08. Shibuya's overall GF Score™ is 73/100 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 Shibuya (NGO:6340), the current Cyclically Adjusted PB Ratio is 1.16 as of Jul. 31, 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 Shibuya (NGO:6340) Overvalued in 2026?

Based on GuruFocus' analysis, Shibuya stock appears to be overvalued. The current stock price of 円3,095.00 is trading 61.4% above its estimated GF Value™ of 円1,917.59.

Key valuation signals for NGO:6340:

  • Cyclically Adjusted PB Ratio: 1.16 (26% below median its 10-year median of 1.57)
  • GF Value™: 円1,917.59 vs. price of 円3,095.00 (61.4% above fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 44.2% below the Industrial Products median (#848 of 2266)

No single metric tells the full story. See the NGO:6340 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shibuya Business Description

Other Exchanges 6340:Japan
Address Ko-58 Mameda-Honmachi, Kanazawa-shi, Ishikawa, JPN, 920-8681
Shibuya Corp operates in the packaging machinery sector. The company offers various products system such as bottling, packaging, product handling, pharmaceutical manufacturing, regenerative medicine manufacturing, cleaning, environmental, laser working, water-jet cutting, semiconductor, medical equipment, agricultural equipment, and Food processing systems.
73GF Score

Get the complete analysis for NGO:6340

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

円3,095.00
Price
円1,917.59
GF Value