Masaru (TSE:1795) Cyclically Adjusted PB Ratio: 1.06 (As of Aug. 13, 2026) — 26% Above Median

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TSE:1795 Masaru Corp TSE:1795
64 GF Score
Price 円5,450.00
GF Value 円4,586.03
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Masaru Cyclically Adjusted PB Ratio?

Masaru TSE:1795 -2.68% 64 Cyclically Adjusted PB Ratio is 1.06 as of Aug. 13, 2026, which is 26% above its 10-year median of 0.84. GuruFocus rates TSE:1795 with a GF Score™ of 64/100 and a GF Value™ of 円4,586.03 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,332 Construction companies, Masaru ranks better than 52.1% on this metric.

As of today (2026-08-13), Masaru's current share price is 円5450.00. Masaru's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円5,154.81. Masaru's Cyclically Adjusted PB Ratio for today is 1.06.

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

TSE:1795' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 0.84   Max: 1.23
Current: 1.08

During the past years, Masaru's highest Cyclically Adjusted PB Ratio was 1.23. The lowest was 0.74. And the median was 0.84.

TSE:1795's Cyclically Adjusted PB Ratio is ranked better than
52.1% of 1332 companies
in the Construction industry
Industry Median: 1.15 vs TSE:1795: 1.08

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.

Masaru's adjusted book value per share data for the three months ended in Mar. 2026 was 円6,138.333. 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 円5,154.81 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Masaru  (TSE:1795) 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.


Masaru Cyclically Adjusted PB Ratio Related Terms


Masaru Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Masaru'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.

Masaru Cyclically Adjusted PB Ratio Chart

Masaru Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.74 0.78 0.81 0.88

Masaru 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 0.77 0.82 0.88 0.86 0.89

TSE:1795 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Masaru'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.


Masaru Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Masaru's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:1795
64GF Score
Masaru Corp TSE:1795
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Masaru 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.

Masaru's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5450.00/5154.81
=1.06

* 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.

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

For example, Masaru'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)
=6138.333/112.7000*112.7000
=6,138.333

Current CPI (Mar. 2026) = 112.7000.

Masaru Quarterly Data

Book Value per Share CPI Adj_Book
201603 3,570.385 97.900 4,110.137
201606 3,506.245 98.100 4,028.071
201609 3,773.997 98.000 4,340.097
201612 3,597.181 98.400 4,119.942
201703 3,919.861 98.100 4,503.245
201706 3,835.227 98.500 4,388.123
201709 3,928.660 98.800 4,481.376
201712 3,727.149 99.400 4,225.852
201803 4,151.796 99.200 4,716.809
201806 3,970.583 99.200 4,510.935
201809 4,161.426 99.900 4,694.622
201812 3,920.377 99.700 4,431.560
201903 4,394.986 99.700 4,968.053
201906 4,282.674 99.800 4,836.246
201909 4,475.080 100.100 5,038.377
201912 4,178.164 100.500 4,685.364
202003 4,697.733 100.300 5,278.510
202006 4,662.773 99.900 5,260.205
202009 4,784.289 99.900 5,397.291
202012 4,570.885 99.300 5,187.701
202103 4,983.480 99.900 5,622.004
202106 4,867.948 99.500 5,513.746
202109 5,008.483 100.100 5,638.921
202112 4,795.362 100.100 5,398.974
202203 5,090.603 101.100 5,674.688
202206 4,983.444 101.800 5,517.035
202209 5,077.796 103.100 5,550.607
202212 4,874.097 104.100 5,276.760
202303 5,211.860 104.400 5,626.213
202306 5,051.098 105.200 5,411.205
202309 5,396.253 106.200 5,726.532
202312 5,134.171 106.800 5,417.800
202403 5,587.683 107.200 5,874.364
202406 5,381.613 108.200 5,605.432
202409 5,575.782 108.900 5,770.346
202503 5,767.915 111.100 5,850.981
202506 5,670.653 111.700 5,721.420
202509 5,929.711 112.000 5,966.772
202512 5,703.080 113.000 5,687.939
202603 6,138.333 112.700 6,138.333

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 1.06 mean?
Masaru (TSE:1795) has a Cyclically Adjusted PB Ratio of 1.06 as of Aug. 13, 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 Masaru and its competitors. This is 26% above median its historical median of 0.84. Over the past decade, Masaru's Cyclically Adjusted PB Ratio has ranged from 0.74 to 1.23. According to the industry distribution chart, Masaru ranks #638 out of 1332 companies in the Construction industry, placing it in the top 47.9%.
Is Masaru's Cyclically Adjusted PB Ratio too high?
Masaru's current Cyclically Adjusted PB Ratio of 1.06 is 26% above median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 1.23. The Construction industry median Cyclically Adjusted PB Ratio is 1.15. Masaru's value of 1.06 is 7.8% below this industry median. Based on the distribution chart, Masaru ranks #638 out of 1332 companies in the Construction industry, which is above the industry midpoint. Overall, Masaru has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Masaru's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Masaru ranks #638 out of 1332 companies for Cyclically Adjusted PB Ratio. This puts Masaru in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.15. Masaru's value of 1.06 is 7.8% below this benchmark. Historically, Masaru's own Cyclically Adjusted PB Ratio has ranged from 0.74 to 1.23 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 1.15, Masaru 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.15, based on 1,332 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. Masaru's current Cyclically Adjusted PB Ratio of 1.06 is 7.8% 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 Masaru and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Masaru's current Cyclically Adjusted PB Ratio is 1.06, which is 26% above median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Masaru stock overvalued right now?
Based on GuruFocus' analysis, Masaru (TSE:1795) is currently considered Modestly Overvalued. The stock's GF Value™ is 円4,586.03, compared to a current price of 円5,450.00 — trading 18.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.06, which is 26% above median its 10-year median of 0.84 and 7.8% below the Construction industry median of 1.15. Masaru's overall GF Score™ is 64/100 with 3 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 Masaru (TSE:1795), the current Cyclically Adjusted PB Ratio is 1.06 as of Aug. 13, 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 Masaru (TSE:1795) Overvalued in 2026?

Based on GuruFocus' analysis, Masaru stock appears to be overvalued. The current stock price of 円5,450.00 is trading 18.8% above its estimated GF Value™ of 円4,586.03. GuruFocus considers Masaru to be Modestly Overvalued.

Key valuation signals for TSE:1795:

  • Cyclically Adjusted PB Ratio: 1.06 (26% above median its 10-year median of 0.84)
  • GF Value™: 円4,586.03 vs. price of 円5,450.00 (18.8% above fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 7.8% below the Construction median (#638 of 1332)

No single metric tells the full story. See the TSE:1795 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Masaru Business Description

Address Sumitomo Real Estate Hamacho, 3rd floor, Building No. 42-3, Nihonbashi Hamacho, Chuo-ku, Tokyo, JPN, 103-0007
Masaru Corporation is engaged in the construction activities in Japan. The company is involved in the renewal of apartments and building. Further it is also involved in the sealing and waterproofing business.
64GF Score

Get the complete analysis for TSE:1795

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

円5,450.00
Price
円4,586.03
GF Value