THKLF (THK Co) Cyclically Adjusted PB Ratio: 2.45 (As of Jul. 26, 2026) — 66% Above Median

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THKLF THK Co Ltd THKLF
55 GF Score
Price $44.63
GF Value $18.91
Valuation Significantly Overvalued
! 4 Warning Signs
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What is THK Co Cyclically Adjusted PB Ratio?

THK Co THKLF 55 Cyclically Adjusted PB Ratio is 2.45 as of Jul. 26, 2026, which is 66% above its 10-year median of 1.48. GuruFocus rates THKLF with a GF Score™ of 55/100 and a GF Value™ of $18.91 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,278 Industrial Products companies, THK Co ranks worse than 57.55% on this metric.

As of today (2026-07-26), THK Co's current share price is $44.63. THK Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $18.21. THK Co's Cyclically Adjusted PB Ratio for today is 2.45.

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

THKLF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.48   Max: 2.93
Current: 2.58

During the past years, THK Co's highest Cyclically Adjusted PB Ratio was 2.93. The lowest was 0.99. And the median was 1.48.

THKLF's Cyclically Adjusted PB Ratio is ranked worse than
57.55% of 2278 companies
in the Industrial Products industry
Industry Median: 2.11 vs THKLF: 2.58

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 Mar. 2026 was $14.215. 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 $18.21 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


THK Co  (OTCPK:THKLF) 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
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 1.41 1.48 1.55 1.51 1.72

THKLF 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.


THKLF
55GF Score
THK Co Ltd THKLF
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
=44.63/18.21
=2.45

* 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 Mar. 2026 is calculated as:

For example, THK Co'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)
=14.215/112.7000*112.7000
=14.215

Current CPI (Mar. 2026) = 112.7000.

THK Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 17.869 98.100 20.528
201609 17.445 98.000 20.062
201612 15.299 98.400 17.522
201703 17.418 98.100 20.010
201706 18.122 98.500 20.735
201709 19.182 98.800 21.881
201712 18.466 99.400 20.937
201803 20.190 99.200 22.938
201806 20.128 99.200 22.867
201809 20.234 99.900 22.827
201812 19.592 99.700 22.147
201903 20.392 99.700 23.051
201906 20.890 99.800 23.590
201909 20.417 100.100 22.987
201912 20.302 100.500 22.767
202003 19.800 100.300 22.248
202006 19.922 99.900 22.475
202009 20.224 99.900 22.815
202012 20.285 99.300 23.022
202103 20.338 99.900 22.944
202106 20.628 99.500 23.365
202109 20.810 100.100 23.429
202112 21.460 100.100 24.161
202203 21.523 101.100 23.993
202206 20.653 101.800 22.864
202209 19.972 103.100 21.832
202212 20.068 104.100 21.726
202303 20.608 104.400 22.246
202306 20.834 105.200 22.319
202309 20.170 106.200 21.405
202312 20.240 106.800 21.358
202403 20.360 107.200 21.405
202406 20.504 108.200 21.357
202409 20.948 108.900 21.679
202412 20.527 110.700 20.898
202503 19.260 111.100 19.537
202506 19.960 111.700 20.139
202509 19.114 112.000 19.233
202512 14.963 113.000 14.923
202603 14.215 112.700 14.215

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 2.45 mean?
THK Co (THKLF) has a Cyclically Adjusted PB Ratio of 2.45 as of Jul. 26, 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 66% 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 2.93. According to the industry distribution chart, THK Co ranks #1311 out of 2278 companies in the Industrial Products industry, placing it in the top 57.6%.
Is THK Co's Cyclically Adjusted PB Ratio too high?
THK Co's current Cyclically Adjusted PB Ratio of 2.45 is 66% 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 2.93. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.11. THK Co's value of 2.45 is 16.1% above this industry median. Based on the distribution chart, THK Co ranks #1311 out of 2278 companies in the Industrial Products industry, which is below the industry midpoint. Overall, THK Co has a GF Score™ of 55/100 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 #1311 out of 2278 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 2.11. THK Co's value of 2.45 is 16.1% above this benchmark. Historically, THK Co's own Cyclically Adjusted PB Ratio has ranged from 0.99 to 2.93 over the past decade. While the company's 10-year median is 1.48 vs. the industry median of 2.11, 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 2.11, based on 2,278 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 2.45 is 16.1% 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 2.11 — 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 2.45, which is 66% 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 (THKLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $18.91, compared to a current price of $44.63 — trading 136% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.45, which is 66% above median its 10-year median of 1.48 and 16.1% above the Industrial Products industry median of 2.11. THK Co's overall GF Score™ is 55/100 with 4 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 (THKLF), the current Cyclically Adjusted PB Ratio is 2.45 as of Jul. 26, 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 (THKLF) Overvalued in 2026?

Based on GuruFocus' analysis, THK Co stock appears to be overvalued. The current stock price of $44.63 is trading 136% above its estimated GF Value™ of $18.91. GuruFocus considers THK Co to be Significantly Overvalued.

Key valuation signals for THKLF:

  • Cyclically Adjusted PB Ratio: 2.45 (66% above median its 10-year median of 1.48)
  • GF Value™: $18.91 vs. price of $44.63 (136% above fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 16.1% above the Industrial Products median (#1311 of 2278)

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


THK Co Business Description

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.
55GF Score

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

$44.63
Price
$18.91
GF Value