SZKMF (Suzuki Motor) Cyclically Adjusted PB Ratio: 1.69 (As of Jul. 29, 2026) — 12% 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.

SZKMF Suzuki Motor Corp SZKMF
88 GF Score
Price $11.65
GF Value $12.60
Valuation Fairly Valued
View Full Analysis

What is Suzuki Motor Cyclically Adjusted PB Ratio?

Suzuki Motor SZKMF -5.78% 88 Cyclically Adjusted PB Ratio is 1.69 as of Jul. 29, 2026, which is 12% below its 10-year median of 1.91. GuruFocus rates SZKMF with a GF Score™ of 88/100 and a GF Value™ of $12.60 (Fairly Valued). Among 1,026 Vehicles & Parts companies, Suzuki Motor ranks worse than 60.33% on this metric.

As of today (2026-07-29), Suzuki Motor's current share price is $11.65. Suzuki Motor's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $6.88. Suzuki Motor's Cyclically Adjusted PB Ratio for today is 1.69.

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

SZKMF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.02   Med: 1.91   Max: 3.43
Current: 1.81

During the past years, Suzuki Motor's highest Cyclically Adjusted PB Ratio was 3.43. The lowest was 1.02. And the median was 1.91.

SZKMF's Cyclically Adjusted PB Ratio is ranked worse than
60.33% of 1026 companies
in the Vehicles & Parts industry
Industry Median: 1.27 vs SZKMF: 1.81

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.

Suzuki Motor's adjusted book value per share data for the three months ended in Mar. 2026 was $11.047. 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 $6.88 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Suzuki Motor  (OTCPK:SZKMF) 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.


Suzuki Motor Cyclically Adjusted PB Ratio Related Terms


Suzuki Motor Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Suzuki Motor'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.

Suzuki Motor Cyclically Adjusted PB Ratio Chart

Suzuki Motor 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 1.52 1.55 2.02 1.87 1.72

Suzuki Motor 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 1.87 1.75 2.11 2.20 1.72

SZKMF vs TSLA, GM, F: Cyclically Adjusted PB Ratio Comparison

For the Auto Manufacturers subindustry, Suzuki Motor'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.


Suzuki Motor Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Suzuki Motor's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SZKMF
88GF Score
Suzuki Motor Corp SZKMF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Suzuki Motor 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.

Suzuki Motor's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.65/6.88
=1.69

* 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.

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

For example, Suzuki Motor'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)
=11.047/112.7000*112.7000
=11.047

Current CPI (Mar. 2026) = 112.7000.

Suzuki Motor Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.937 98.100 5.672
201609 5.407 98.000 6.218
201612 5.355 98.400 6.133
201703 5.620 98.100 6.456
201706 6.067 98.500 6.942
201709 6.362 98.800 7.257
201712 6.576 99.400 7.456
201803 6.925 99.200 7.867
201806 6.877 99.200 7.813
201809 6.972 99.900 7.865
201812 6.990 99.700 7.901
201903 6.790 99.700 7.675
201906 6.985 99.800 7.888
201909 7.141 100.100 8.040
201912 7.737 100.500 8.676
202003 7.117 100.300 7.997
202006 7.101 99.900 8.011
202009 7.522 99.900 8.486
202012 7.865 99.300 8.926
202103 7.994 99.900 9.018
202106 8.062 99.500 9.132
202109 8.157 100.100 9.184
202112 8.102 100.100 9.122
202203 8.154 101.100 9.090
202206 7.637 101.800 8.455
202209 7.451 103.100 8.145
202212 7.666 104.100 8.299
202303 8.829 104.400 9.531
202306 8.268 105.200 8.857
202309 8.266 106.200 8.772
202312 8.191 106.800 8.643
202403 9.410 107.200 9.893
202406 9.525 108.200 9.921
202409 10.070 108.900 10.421
202412 10.021 110.700 10.202
202503 10.330 111.100 10.479
202506 10.758 111.700 10.854
202509 10.938 112.000 11.006
202512 10.982 113.000 10.953
202603 11.047 112.700 11.047

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 1.69 mean?
Suzuki Motor (SZKMF) has a Cyclically Adjusted PB Ratio of 1.69 as of Jul. 29, 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 Suzuki Motor and its competitors. This is 12% below median its historical median of 1.91. Over the past decade, Suzuki Motor's Cyclically Adjusted PB Ratio has ranged from 1.02 to 3.43. According to the industry distribution chart, Suzuki Motor ranks #619 out of 1026 companies in the Vehicles & Parts industry, placing it in the top 60.3%.
Is Suzuki Motor's Cyclically Adjusted PB Ratio too high?
Suzuki Motor's current Cyclically Adjusted PB Ratio of 1.69 is 12% below median its 10-year median of 1.91. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 3.43. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.27. Suzuki Motor's value of 1.69 is 33.1% above this industry median. Based on the distribution chart, Suzuki Motor ranks #619 out of 1026 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Suzuki Motor has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Suzuki Motor's Cyclically Adjusted PB Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Suzuki Motor ranks #619 out of 1026 companies for Cyclically Adjusted PB Ratio. This places Suzuki Motor in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Suzuki Motor's value of 1.69 is 33.1% above this benchmark. Historically, Suzuki Motor's own Cyclically Adjusted PB Ratio has ranged from 1.02 to 3.43 over the past decade. While the company's 10-year median is 1.91 vs. the industry median of 1.27, Suzuki Motor 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 a Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.27, based on 1,026 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. Suzuki Motor's current Cyclically Adjusted PB Ratio of 1.69 is 33.1% 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 Suzuki Motor and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suzuki Motor's current Cyclically Adjusted PB Ratio is 1.69, which is 12% below median its own 10-year median of 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzuki Motor stock overvalued right now?
Based on GuruFocus' analysis, Suzuki Motor (SZKMF) is currently considered Fairly Valued. The stock's GF Value™ is $12.60, compared to a current price of $11.65 — trading 7.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.69, which is 12% below median its 10-year median of 1.91 and 33.1% above the Vehicles & Parts industry median of 1.27. Suzuki Motor's overall GF Score™ is 88/100. 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 Suzuki Motor (SZKMF), the current Cyclically Adjusted PB Ratio is 1.69 as of Jul. 29, 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 Suzuki Motor (SZKMF) Overvalued in 2026?

Based on GuruFocus' analysis, Suzuki Motor stock appears to be undervalued. The current stock price of $11.65 is trading 7.5% below its estimated GF Value™ of $12.60. GuruFocus considers Suzuki Motor to be Fairly Valued.

Key valuation signals for SZKMF:

  • Cyclically Adjusted PB Ratio: 1.69 (12% below median its 10-year median of 1.91)
  • GF Value™: $12.60 vs. price of $11.65 (7.5% below fair value)
  • GF Score™: 88/100
  • Industry Position: 33.1% above the Vehicles & Parts median (#619 of 1026)

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


Suzuki Motor Business Description

Address 300 Takatsukacho, Chuo Ward, Shizuoka Prefecture, Hamamatsu, JPN, 432-8611
Suzuki Motor Corp is a Japan-based automobile manufacturing company. The company operates through Four-Wheel, Marine, Two-Wheel, and Other segments. The Four-Wheel segment covers mini cars, small cars, and regular cars. The Marine segment includes outboard motors, while the Two-Wheel segment handles motorcycles and ATVs. The Other segment consists of electric wheelchairs, solar power, and real estate. It generates the majority of its revenue from the Four-wheel business segment.
88GF Score

Get the complete analysis for SZKMF

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

$11.65
Price
$12.60
GF Value