TKYRF (Tokyo Rope Mfg Co) Cyclically Adjusted PB Ratio: 1.01 (As of Jul. 23, 2026) — 40% Above 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.

TKYRF Tokyo Rope Mfg Co Ltd TKYRF
69 GF Score
Price $3.70
GF Value $2.60
! 2 Warning Signs
View Full Analysis

What is Tokyo Rope Mfg Co Cyclically Adjusted PB Ratio?

Tokyo Rope Mfg Co TKYRF 69 Cyclically Adjusted PB Ratio is 1.01 as of Jul. 23, 2026, which is 40% above its 10-year median of 0.72. GuruFocus rates TKYRF with a GF Score™ of 69/100 and a GF Value™ of $2.60. The stock has 2 warning signs investors should review. Among 2,281 Industrial Products companies, Tokyo Rope Mfg Co ranks better than 73.56% on this metric.

As of today (2026-07-23), Tokyo Rope Mfg Co's current share price is $3.70. Tokyo Rope Mfg Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $3.67. Tokyo Rope Mfg Co's Cyclically Adjusted PB Ratio for today is 1.01.

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

TKYRF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.72   Max: 1.27
Current: 1.05

During the past years, Tokyo Rope Mfg Co's highest Cyclically Adjusted PB Ratio was 1.27. The lowest was 0.29. And the median was 0.72.

TKYRF's Cyclically Adjusted PB Ratio is ranked better than
73.56% of 2281 companies
in the Industrial Products industry
Industry Median: 2.12 vs TKYRF: 1.05

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.

Tokyo Rope Mfg Co's adjusted book value per share data for the three months ended in Mar. 2026 was $16.834. 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 $3.67 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tokyo Rope Mfg Co  (OTCPK:TKYRF) 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.


Tokyo Rope Mfg Co Cyclically Adjusted PB Ratio Related Terms


Tokyo Rope Mfg Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tokyo Rope Mfg 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.

Tokyo Rope Mfg Co Cyclically Adjusted PB Ratio Chart

Tokyo Rope Mfg Co 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 0.63 0.81 0.90 0.70 1.01

Tokyo Rope Mfg Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.70 0.71 0.82 0.88 1.01

TKYRF vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Tokyo Rope Mfg 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.


Tokyo Rope Mfg Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


TKYRF
69GF Score
Tokyo Rope Mfg Co Ltd TKYRF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokyo Rope Mfg 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.

Tokyo Rope Mfg Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.70/3.67
=1.01

* 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.

Tokyo Rope Mfg Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Tokyo Rope Mfg 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)
=16.834/112.7000*112.7000
=16.834

Current CPI (Mar. 2026) = 112.7000.

Tokyo Rope Mfg Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 11.906 97.900 13.706
201606 11.694 98.100 13.434
201609 12.624 98.000 14.518
201612 11.851 98.400 13.573
201703 12.916 98.100 14.838
201706 12.924 98.500 14.787
201709 13.458 98.800 15.351
201712 13.796 99.400 15.642
201803 15.080 99.200 17.132
201806 14.006 99.200 15.912
201809 13.630 99.900 15.376
201812 13.287 99.700 15.020
201903 13.531 99.700 15.295
201906 13.398 99.800 15.130
201909 13.248 100.100 14.916
201912 13.233 100.500 14.839
202003 11.775 100.300 13.231
202006 11.533 99.900 13.011
202009 11.928 99.900 13.456
202012 12.448 99.300 14.128
202103 13.319 99.900 15.026
202106 13.796 99.500 15.626
202109 14.150 100.100 15.931
202112 13.415 100.100 15.104
202203 13.339 101.100 14.869
202206 12.297 101.800 13.614
202209 12.153 103.100 13.285
202212 13.608 104.100 14.732
202303 14.572 104.400 15.731
202306 14.127 105.200 15.134
202309 14.101 106.200 14.964
202312 15.101 106.800 15.935
202403 14.596 107.200 15.345
202406 14.028 108.200 14.611
202409 15.786 108.900 16.337
202503 15.785 111.100 16.012
202506 16.072 111.700 16.216
202509 16.340 112.000 16.442
202512 16.350 113.000 16.307
202603 16.834 112.700 16.834

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 1.01 mean?
Tokyo Rope Mfg Co (TKYRF) has a Cyclically Adjusted PB Ratio of 1.01 as of Jul. 23, 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 Tokyo Rope Mfg Co and its competitors. This is 40% above median its historical median of 0.72. Over the past decade, Tokyo Rope Mfg Co's Cyclically Adjusted PB Ratio has ranged from 0.29 to 1.27. According to the industry distribution chart, Tokyo Rope Mfg Co ranks #603 out of 2281 companies in the Industrial Products industry, placing it in the top 26.4%.
Is Tokyo Rope Mfg Co's Cyclically Adjusted PB Ratio too high?
Tokyo Rope Mfg Co's current Cyclically Adjusted PB Ratio of 1.01 is 40% above median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.27. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.12. Tokyo Rope Mfg Co's value of 1.01 is 52.4% below this industry median. Based on the distribution chart, Tokyo Rope Mfg Co ranks #603 out of 2281 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Tokyo Rope Mfg Co has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Tokyo Rope Mfg Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Tokyo Rope Mfg Co ranks #603 out of 2281 companies for Cyclically Adjusted PB Ratio. This puts Tokyo Rope Mfg Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.12. Tokyo Rope Mfg Co's value of 1.01 is 52.4% below this benchmark. Historically, Tokyo Rope Mfg Co's own Cyclically Adjusted PB Ratio has ranged from 0.29 to 1.27 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 2.12, Tokyo Rope Mfg Co 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 2.12, based on 2,281 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. Tokyo Rope Mfg Co's current Cyclically Adjusted PB Ratio of 1.01 is 52.4% 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 Tokyo Rope Mfg Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Rope Mfg Co's current Cyclically Adjusted PB Ratio is 1.01, which is 40% above median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Rope Mfg Co stock overvalued right now?
Tokyo Rope Mfg Co (TKYRF) has a current Cyclically Adjusted PB Ratio of 1.01. The stock's GF Value™ is $2.60, compared to a current price of $3.70 — trading 42.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.01, which is 40% above median its 10-year median of 0.72 and 52.4% below the Industrial Products industry median of 2.12. Tokyo Rope Mfg Co's overall GF Score™ is 69/100 with 2 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 Tokyo Rope Mfg Co (TKYRF), the current Cyclically Adjusted PB Ratio is 1.01 as of Jul. 23, 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 Tokyo Rope Mfg Co (TKYRF) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Rope Mfg Co stock appears to be overvalued. The current stock price of $3.70 is trading 42.3% above its estimated GF Value™ of $2.60.

Key valuation signals for TKYRF:

  • Cyclically Adjusted PB Ratio: 1.01 (40% above median its 10-year median of 0.72)
  • GF Value™: $2.60 vs. price of $3.70 (42.3% above fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 52.4% below the Industrial Products median (#603 of 2281)

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


Tokyo Rope Mfg Co Business Description

Other Exchanges 5981:Japan
Address 2-37-28 Eidai, Koto-ku, Tokyo, JPN, 1038306
Tokyo Rope Mfg Co Ltd is a Japan-based manufacturing company. Principally, it is involved in the design and construction of road safety devices such as rock fall prevention net, environment protection products including sound insulation walls, and bridges and cable-suspended bridges. It offers the various products such as wire rope for the use with the crane, elevators, forestry and fisheries and cableway, galvanized wire and strand, steel cord, bridge and structural cable product, carbon fiber composite cables, and many more. Additionally, it also produces and markets several industrial types of machinery and metal fiber.
69GF Score

Get the complete analysis for TKYRF

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

$3.70
Price
$2.60
GF Value