Mitsubishi Materials (STU:MUJ) Cyclically Adjusted PB Ratio: 1.00 (As of Sep. 08, 2026) — 69% Above Median

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STU:MUJ Mitsubishi Materials Corp STU:MUJ
77 GF Score
Price €29.00
GF Value €14,388.25
Valuation Possible Value Trap
! 5 Warning Signs
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What is Mitsubishi Materials Cyclically Adjusted PB Ratio?

Mitsubishi Materials STU:MUJ +0.69% 77 Cyclically Adjusted PB Ratio is 1.00 as of Sep. 08, 2026, which is 69% above its 10-year median of 0.59. GuruFocus rates STU:MUJ with a GF Score™ of 77/100 and a GF Value™ of €14,388.25 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,499 Metals & Mining companies, Mitsubishi Materials ranks better than 59.97% on this metric.

As of today (2026-09-08), Mitsubishi Materials's current share price is €29.00. Mitsubishi Materials's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €28.98. Mitsubishi Materials's Cyclically Adjusted PB Ratio for today is 1.00.

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

STU:MUJ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.59   Max: 1.25
Current: 1.01

During the past years, Mitsubishi Materials's highest Cyclically Adjusted PB Ratio was 1.25. The lowest was 0.43. And the median was 0.59.

STU:MUJ's Cyclically Adjusted PB Ratio is ranked better than
59.97% of 1499 companies
in the Metals & Mining industry
Industry Median: 1.56 vs STU:MUJ: 1.01

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.

Mitsubishi Materials's adjusted book value per share data for the three months ended in Mar. 2026 was €30.706. 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 €28.98 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsubishi Materials  (STU:MUJ) 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.


Mitsubishi Materials Cyclically Adjusted PB Ratio Related Terms


Mitsubishi Materials Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mitsubishi Materials'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.

Mitsubishi Materials Cyclically Adjusted PB Ratio Chart

Mitsubishi Materials 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 0.50 0.47 0.61 0.48 0.93

Mitsubishi Materials 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 0.48 0.45 0.54 0.71 0.93

Mitsubishi Materials Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Mitsubishi Materials'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.


Mitsubishi Materials Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mitsubishi Materials's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:MUJ
77GF Score
Mitsubishi Materials Corp STU:MUJ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitsubishi Materials 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.

Mitsubishi Materials's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.00/28.98
=1.00

* 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.

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

For example, Mitsubishi Materials'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)
=30.706/112.7000*112.7000
=30.706

Current CPI (Mar. 2026) = 112.7000.

Mitsubishi Materials Quarterly Data

Book Value per Share CPI Adj_Book
201606 34.771 98.100 39.946
201609 36.934 98.000 42.474
201612 36.954 98.400 42.324
201703 39.276 98.100 45.121
201706 38.208 98.500 43.716
201709 36.918 98.800 42.112
201712 40.266 99.400 45.654
201803 39.853 99.200 45.277
201806 40.360 99.200 45.853
201809 39.462 99.900 44.518
201812 38.794 99.700 43.852
201903 38.526 99.700 43.549
201906 38.382 99.800 43.343
201909 39.834 100.100 44.848
201912 40.002 100.500 44.858
202003 32.532 100.300 36.554
202006 31.394 99.900 35.416
202009 29.027 99.900 32.746
202012 30.617 99.300 34.749
202103 32.249 99.900 36.381
202106 32.721 99.500 37.062
202109 33.576 100.100 37.802
202112 34.974 100.100 39.376
202203 34.279 101.100 38.212
202206 32.542 101.800 36.026
202209 33.166 103.100 36.254
202212 30.920 104.100 33.474
202303 31.737 104.400 34.260
202306 30.353 105.200 32.517
202309 30.325 106.200 32.181
202312 30.573 106.800 32.262
202403 30.727 107.200 32.303
202406 30.550 108.200 31.821
202409 31.854 108.900 32.966
202412 32.800 110.700 33.393
202503 32.166 111.100 32.629
202506 30.298 111.700 30.569
202509 29.757 112.000 29.943
202512 30.054 113.000 29.974
202603 30.706 112.700 30.706

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 1.00 mean?
Mitsubishi Materials (STU:MUJ) has a Cyclically Adjusted PB Ratio of 1.00 as of Sep. 08, 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 Mitsubishi Materials and its competitors. This is 69% above median its historical median of 0.59. Over the past decade, Mitsubishi Materials' Cyclically Adjusted PB Ratio has ranged from 0.43 to 1.25. According to the industry distribution chart, Mitsubishi Materials ranks #600 out of 1499 companies in the Metals & Mining industry, placing it in the top 40%.
Is Mitsubishi Materials' Cyclically Adjusted PB Ratio too high?
Mitsubishi Materials' current Cyclically Adjusted PB Ratio of 1.00 is 69% above median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 1.25. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.56. Mitsubishi Materials' value of 1.00 is 35.9% below this industry median. Based on the distribution chart, Mitsubishi Materials ranks #600 out of 1499 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Mitsubishi Materials has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Materials' Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Mitsubishi Materials ranks #600 out of 1499 companies for Cyclically Adjusted PB Ratio. This puts Mitsubishi Materials in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.56. Mitsubishi Materials' value of 1.00 is 35.9% below this benchmark. Historically, Mitsubishi Materials' own Cyclically Adjusted PB Ratio has ranged from 0.43 to 1.25 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 1.56, Mitsubishi Materials 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 a Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.56, based on 1,499 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. Mitsubishi Materials's current Cyclically Adjusted PB Ratio of 1.00 is 35.9% 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 Mitsubishi Materials and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsubishi Materials's current Cyclically Adjusted PB Ratio is 1.00, which is 69% above median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Materials stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Materials (STU:MUJ) is currently considered Possible Value Trap. The stock's GF Value™ is €14,388.25, compared to a current price of €29.00 — trading 99.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.00, which is 69% above median its 10-year median of 0.59 and 35.9% below the Metals & Mining industry median of 1.56. Mitsubishi Materials' overall GF Score™ is 77/100 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 Mitsubishi Materials (STU:MUJ), the current Cyclically Adjusted PB Ratio is 1.00 as of Sep. 08, 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 Mitsubishi Materials (STU:MUJ) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsubishi Materials stock appears to be undervalued. The current stock price of €29.00 is trading 99.8% below its estimated GF Value™ of €14,388.25. GuruFocus considers Mitsubishi Materials to be Possible Value Trap.

Key valuation signals for STU:MUJ:

  • Cyclically Adjusted PB Ratio: 1.00 (69% above median its 10-year median of 0.59)
  • GF Value™: €14,388.25 vs. price of €29.00 (99.8% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 35.9% below the Metals & Mining median (#600 of 1499)

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


Mitsubishi Materials Business Description

Other Exchanges MIMTF:USA5711:Japan
Address 2-3 Marunouchi 3-chome, Chiyoda-ku, Tokyo, JPN, 100-8117
Mitsubishi Materials Corp is a Japan-based company engaged in the production of processed copper products, electronic materials, and cemented carbide products, as well as the smelting and sale of metals such as copper, gold, silver, and palladium. The company operates through four segments. The Highly Functional Products segment includes processed copper products and electronic materials. The Metal segment is engaged in the smelting and refining of non-ferrous metals, including copper, gold, silver, lead, tin, and palladium, as well as the recycling of home appliances. The Processing segment covers carbide products, while the Renewable Energy segment focuses on renewable energy operations. The Other segment includes cement-related and engineering-related businesses.
77GF Score

Get the complete analysis for STU:MUJ

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

€29.00
Price
€14,388.25
GF Value