THK Co (STU:1TK) Cyclically Adjusted PB Ratio: 2.53 (As of Aug. 20, 2026) — 71% Above Median

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STU:1TK THK Co Ltd STU:1TK
61 GF Score
Price €36.40
GF Value €15.57
Valuation Significantly Overvalued
! 5 Warning Signs
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What is THK Co Cyclically Adjusted PB Ratio?

THK Co STU:1TK -5.70% 61 Cyclically Adjusted PB Ratio is 2.53 as of Aug. 20, 2026, which is 71% above its 10-year median of 1.48. GuruFocus rates STU:1TK with a GF Score™ of 61/100 and a GF Value™ of €15.57 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,167 Industrial Products companies, THK Co ranks worse than 59.25% on this metric.

As of today (2026-08-20), THK Co's current share price is €36.40. THK Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €14.36. THK Co's Cyclically Adjusted PB Ratio for today is 2.53.

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

STU:1TK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.48   Max: 2.9
Current: 2.77

During the past years, THK Co's highest Cyclically Adjusted PB Ratio was 2.90. The lowest was 0.99. And the median was 1.48.

STU:1TK's Cyclically Adjusted PB Ratio is ranked worse than
59.25% of 2167 companies
in the Industrial Products industry
Industry Median: 2.16 vs STU:1TK: 2.77

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.

THK Co's adjusted book value per share data for the three months ended in Jun. 2026 was €13.296. 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 €14.36 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


THK Co  (STU:1TK) 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.


THK Co Cyclically Adjusted PB Ratio Related Terms


THK Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for THK 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.

THK Co Cyclically Adjusted PB Ratio Chart

THK Co Annual Data
Trend Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 1.15 1.17 1.44 1.51

THK Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.48 1.55 1.51 1.72 2.73

STU:1TK vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, THK 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.


THK Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


STU:1TK
61GF Score
THK Co Ltd STU:1TK
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

THK 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=36.40/14.36
=2.53

* 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.

THK Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, THK Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=13.296/113.6000*113.6000
=13.296

Current CPI (Jun. 2026) = 113.6000.

THK Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 15.543 98.000 18.017
201612 14.503 98.400 16.743
201703 16.286 98.100 18.859
201706 16.129 98.500 18.602
201709 16.094 98.800 18.505
201712 15.604 99.400 17.833
201803 16.374 99.200 18.751
201806 17.230 99.200 19.731
201809 17.341 99.900 19.719
201812 17.221 99.700 19.622
201903 18.047 99.700 20.563
201906 18.488 99.800 21.044
201909 18.539 100.100 21.039
201912 18.272 100.500 20.654
202003 17.919 100.300 20.295
202006 17.690 99.900 20.116
202009 17.170 99.900 19.525
202012 16.675 99.300 19.076
202103 17.084 99.900 19.427
202106 17.121 99.500 19.547
202109 17.688 100.100 20.073
202112 18.992 100.100 21.553
202203 19.543 101.100 21.959
202206 19.538 101.800 21.803
202209 20.171 103.100 22.225
202212 18.944 104.100 20.673
202303 19.248 104.400 20.944
202306 19.230 105.200 20.765
202309 18.899 106.200 20.216
202312 18.560 106.800 19.742
202403 18.731 107.200 19.849
202406 19.048 108.200 19.999
202409 18.874 108.900 19.689
202412 19.603 110.700 20.117
202503 17.815 111.100 18.216
202506 17.306 111.700 17.600
202509 16.285 112.000 16.518
202512 12.778 113.000 12.846
202603 12.296 112.700 12.394
202606 13.296 113.600 13.296

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 2.53 mean?
THK Co (STU:1TK) has a Cyclically Adjusted PB Ratio of 2.53 as of Aug. 20, 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 THK Co and its competitors. This is 71% above median its historical median of 1.48. Over the past decade, THK Co's Cyclically Adjusted PB Ratio has ranged from 0.99 to 2.90. According to the industry distribution chart, THK Co ranks #1284 out of 2167 companies in the Industrial Products industry, placing it in the top 59.3%.
Is THK Co's Cyclically Adjusted PB Ratio too high?
THK Co's current Cyclically Adjusted PB Ratio of 2.53 is 71% above median its 10-year median of 1.48. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 2.90. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.16. THK Co's value of 2.53 is 17.1% above this industry median. Based on the distribution chart, THK Co ranks #1284 out of 2167 companies in the Industrial Products industry, which is below the industry midpoint. Overall, THK Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does THK Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, THK Co ranks #1284 out of 2167 companies for Cyclically Adjusted PB Ratio. This places THK Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.16. THK Co's value of 2.53 is 17.1% above this benchmark. Historically, THK Co's own Cyclically Adjusted PB Ratio has ranged from 0.99 to 2.90 over the past decade. While the company's 10-year median is 1.48 vs. the industry median of 2.16, THK Co 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.16, based on 2,167 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. THK Co's current Cyclically Adjusted PB Ratio of 2.53 is 17.1% 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 THK Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. THK Co's current Cyclically Adjusted PB Ratio is 2.53, which is 71% above median its own 10-year median of 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is THK Co stock overvalued right now?
Based on GuruFocus' analysis, THK Co (STU:1TK) is currently considered Significantly Overvalued. The stock's GF Value™ is €15.57, compared to a current price of €36.40 — trading 133.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.53, which is 71% above median its 10-year median of 1.48 and 17.1% above the Industrial Products industry median of 2.16. THK Co's overall GF Score™ is 61/100 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 THK Co (STU:1TK), the current Cyclically Adjusted PB Ratio is 2.53 as of Aug. 20, 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 THK Co (STU:1TK) Overvalued in 2026?

Based on GuruFocus' analysis, THK Co stock appears to be overvalued. The current stock price of €36.40 is trading 133.8% above its estimated GF Value™ of €15.57. GuruFocus considers THK Co to be Significantly Overvalued.

Key valuation signals for STU:1TK:

  • Cyclically Adjusted PB Ratio: 2.53 (71% above median its 10-year median of 1.48)
  • GF Value™: €15.57 vs. price of €36.40 (133.8% above fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 17.1% above the Industrial Products median (#1284 of 2167)

No single metric tells the full story. See the STU:1TK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


THK Co Business Description

Other Exchanges THKLY:USA6481:Japan
Address 2-12-10 Shibaura, Minato-ku, Tokyo, JPN, 108-8506
THK Co Ltd is a Japan-based company that manufactures and sells mechanical components such as LM guides, ball screws, and transportation equipment components, including link balls and suspension ball joints. The company operates through five reportable segments based on regional manufacturing and sales systems: Japan, Americas, Europe, China, and Other. It generates the majority of its revenue from Japan.
61GF Score

Get the complete analysis for STU:1TK

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

€36.40
Price
€15.57
GF Value