Brother Industries (NGO:6448) Cyclically Adjusted PB Ratio: 1.30 (As of Aug. 04, 2026) — 17% Below Median

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Director of Data and Quant Analytics at GuruFocus
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NGO:6448 Brother Industries Ltd NGO:6448
84 GF Score
Price 円2,999.00
GF Value 円2,192.84
! 5 Warning Signs
View Full Analysis

What is Brother Industries Cyclically Adjusted PB Ratio?

Brother Industries NGO:6448 84 Cyclically Adjusted PB Ratio is 1.30 as of Aug. 04, 2026, which is 17% below its 10-year median of 1.56. GuruFocus rates NGO:6448 with a GF Score™ of 84/100 and a GF Value™ of 円2,192.84. The stock has 5 warning signs investors should review. Among 2,261 Industrial Products companies, Brother Industries ranks better than 55.95% on this metric.

As of today (2026-08-04), Brother Industries's current share price is 円2999.00. Brother Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円2,306.11. Brother Industries's Cyclically Adjusted PB Ratio for today is 1.30.

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

NGO:6448' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.15   Med: 1.56   Max: 2.89
Current: 1.78

During the past years, Brother Industries's highest Cyclically Adjusted PB Ratio was 2.89. The lowest was 1.15. And the median was 1.56.

NGO:6448's Cyclically Adjusted PB Ratio is ranked better than
55.95% of 2261 companies
in the Industrial Products industry
Industry Median: 2.07 vs NGO:6448: 1.78

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.

Brother Industries's adjusted book value per share data for the three months ended in Mar. 2026 was 円3,066.663. 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2,306.11 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brother Industries  (NGO:6448) 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.


Brother Industries Cyclically Adjusted PB Ratio Related Terms


Brother Industries Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Brother Industries'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.

Brother Industries Cyclically Adjusted PB Ratio Chart

Brother Industries 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 1.51 1.20 1.53 1.32 1.30

Brother Industries 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 1.32 1.20 1.17 1.44 1.30

Brother Industries Cyclically Adjusted PB Ratio Competitor Comparison

For the Business Equipment & Supplies subindustry, Brother Industries'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.


Brother Industries Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


NGO:6448
84GF Score
Brother Industries Ltd NGO:6448
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Brother Industries 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.

Brother Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2999.00/2306.11
=1.30

* 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.

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

For example, Brother Industries'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)
=3066.663/112.7000*112.7000
=3,066.663

Current CPI (Mar. 2026) = 112.7000.

Brother Industries Quarterly Data

Book Value per Share CPI Adj_Book
201606 1,135.067 98.100 1,303.996
201609 1,145.697 98.000 1,317.552
201612 1,330.945 98.400 1,524.365
201703 1,328.967 98.100 1,526.754
201706 1,471.500 98.500 1,683.635
201709 1,571.913 98.800 1,793.063
201712 1,628.492 99.400 1,846.389
201803 1,523.088 99.200 1,730.363
201806 1,539.528 99.200 1,749.040
201809 1,619.912 99.900 1,827.468
201812 1,586.836 99.700 1,793.745
201903 1,635.217 99.700 1,848.435
201906 1,592.003 99.800 1,797.783
201909 1,614.551 100.100 1,817.781
201912 1,709.944 100.500 1,917.519
202003 1,649.219 100.300 1,853.110
202006 1,653.580 99.900 1,865.450
202009 1,744.366 99.900 1,967.868
202012 1,833.192 99.300 2,080.571
202103 1,858.278 99.900 2,096.376
202106 1,905.872 99.500 2,158.711
202109 1,969.497 100.100 2,217.406
202112 2,047.845 100.100 2,305.616
202203 2,170.467 101.100 2,419.502
202206 2,321.426 101.800 2,569.987
202209 2,432.091 103.100 2,658.551
202212 2,345.785 104.100 2,539.577
202303 2,334.336 104.400 2,519.920
202306 2,512.990 105.200 2,692.148
202309 2,588.182 106.200 2,746.592
202312 2,558.748 106.800 2,700.102
202403 2,613.428 107.200 2,747.512
202406 2,754.200 108.200 2,868.746
202409 2,614.482 108.900 2,705.713
202412 2,770.991 110.700 2,821.054
202503 2,704.207 111.100 2,743.151
202506 2,699.884 111.700 2,724.055
202509 2,810.622 112.000 2,828.188
202512 2,971.250 113.000 2,963.362
202603 3,066.663 112.700 3,066.663

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 1.30 mean?
Brother Industries (NGO:6448) has a Cyclically Adjusted PB Ratio of 1.30 as of Aug. 04, 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 Brother Industries and its competitors. This is 17% below median its historical median of 1.56. Over the past decade, Brother Industries' Cyclically Adjusted PB Ratio has ranged from 1.15 to 2.89. According to the industry distribution chart, Brother Industries ranks #996 out of 2261 companies in the Industrial Products industry, placing it in the top 44.1%.
Is Brother Industries' Cyclically Adjusted PB Ratio too high?
Brother Industries' current Cyclically Adjusted PB Ratio of 1.30 is 17% below median its 10-year median of 1.56. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 2.89. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.07. Brother Industries' value of 1.30 is 37.2% below this industry median. Based on the distribution chart, Brother Industries ranks #996 out of 2261 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Brother Industries has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Brother Industries' Cyclically Adjusted PB Ratio compare to competitors?
According to the Industrial Products industry distribution chart, Brother Industries ranks #996 out of 2261 companies for Cyclically Adjusted PB Ratio. This puts Brother Industries in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.07. Brother Industries' value of 1.30 is 37.2% below this benchmark. Historically, Brother Industries' own Cyclically Adjusted PB Ratio has ranged from 1.15 to 2.89 over the past decade. While the company's 10-year median is 1.56 vs. the industry median of 2.07, Brother Industries 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 2,261 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. Brother Industries's current Cyclically Adjusted PB Ratio of 1.30 is 37.2% 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 Brother Industries 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. Brother Industries's current Cyclically Adjusted PB Ratio is 1.30, which is 17% below median its own 10-year median of 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brother Industries stock overvalued right now?
Brother Industries (NGO:6448) has a current Cyclically Adjusted PB Ratio of 1.30. The stock's GF Value™ is 円2,192.84, compared to a current price of 円2,999.00 — trading 36.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.30, which is 17% below median its 10-year median of 1.56 and 37.2% below the Industrial Products industry median of 2.07. Brother Industries' overall GF Score™ is 84/100 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 Brother Industries (NGO:6448), the current Cyclically Adjusted PB Ratio is 1.30 as of Aug. 04, 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 Brother Industries (NGO:6448) Overvalued in 2026?

Based on GuruFocus' analysis, Brother Industries stock appears to be overvalued. The current stock price of 円2,999.00 is trading 36.8% above its estimated GF Value™ of 円2,192.84.

Key valuation signals for NGO:6448:

  • Cyclically Adjusted PB Ratio: 1.30 (17% below median its 10-year median of 1.56)
  • GF Value™: 円2,192.84 vs. price of 円2,999.00 (36.8% above fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 37.2% below the Industrial Products median (#996 of 2261)

No single metric tells the full story. See the NGO:6448 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Brother Industries Business Description

Address 15-1, Naeshiro-cho, Mizuho-ku, Aichi Prefecture, Nagoya, JPN, 467-8577
Brother Industries Ltd is a Japan-based company mainly engaged in producing and selling office equipment, printing solutions, and related supplies. The company operates through seven segments. The Domino segment covers industrial printing equipment, while the Machinery segment handles machine tools, industrial sewing machines, and garment printers. The Network and Content segment involves karaoke equipment and IT systems, and the Nissei segment produces reducers and gears. The Others segment includes new construction and renovation of buildings, and investment in information systems. The Personal and Home segment makes household sewing machines, and Printing and Solutions focuses on telecommunications and printing equipment. It generates majority revenue from Printing & Solutions segment.
84GF Score

Get the complete analysis for NGO:6448

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

円2,999.00
Price
円2,192.84
GF Value