Watanabeto Co (TSE:1807) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

TSE:1807 Watanabe Sato Co Ltd TSE:1807
62 GF Score
Price 円1,934.00
GF Value 円1,433.46
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Watanabeto Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Watanabeto Co  (TSE:1807) 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.


Watanabeto Co Cyclically Adjusted PB Ratio Related Terms


Watanabeto Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Watanabeto 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.

Watanabeto Co Cyclically Adjusted PB Ratio Chart

Watanabeto 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 0.64 0.49 0.71 0.55 0.63

Watanabeto Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.58 0.59 0.63 0.66 0.58

TSE:1807 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Watanabeto 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.


Watanabeto Co Cyclically Adjusted PB Ratio vs Construction Industry

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

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


TSE:1807
62GF Score
Watanabe Sato Co Ltd TSE:1807
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Watanabeto 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.

Watanabeto Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Watanabeto Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3553.291/113.6000*113.6000
=3,553.291

Current CPI (Jun. 2026) = 113.6000.

Watanabeto Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 1,936.798 98.000 2,245.105
201612 2,011.586 98.400 2,322.319
201703 2,145.816 98.100 2,484.859
201706 2,107.186 98.500 2,430.217
201709 2,151.116 98.800 2,473.348
201712 2,179.707 99.400 2,491.094
201803 2,277.524 99.200 2,608.132
201806 2,251.826 99.200 2,578.704
201809 2,274.803 99.900 2,586.763
201812 2,328.093 99.700 2,652.672
201903 2,424.535 99.700 2,762.559
201906 2,374.702 99.800 2,703.068
201909 2,392.873 100.100 2,715.588
201912 2,444.837 100.500 2,763.517
202003 2,543.900 100.300 2,881.227
202006 2,555.295 99.900 2,905.721
202009 2,629.238 99.900 2,989.804
202012 2,753.195 99.300 3,149.677
202103 2,885.050 99.900 3,280.697
202106 2,885.060 99.500 3,293.898
202109 3,111.574 100.100 3,531.217
202112 3,202.820 100.100 3,634.769
202203 3,145.324 101.100 3,534.212
202206 3,069.791 101.800 3,425.621
202209 3,059.239 103.100 3,370.801
202212 3,084.830 104.100 3,366.347
202303 3,174.492 104.400 3,454.237
202306 3,154.052 105.200 3,405.896
202309 3,204.923 106.200 3,428.242
202312 3,278.809 106.800 3,487.572
202403 3,400.289 107.200 3,603.291
202406 3,280.999 108.200 3,444.746
202409 3,282.480 108.900 3,424.148
202412 3,318.917 110.700 3,405.862
202503 3,439.458 111.100 3,516.854
202506 3,402.687 111.700 3,460.566
202509 3,449.845 112.000 3,499.129
202512 3,517.538 113.000 3,536.215
202603 3,670.827 112.700 3,700.142
202606 3,553.291 113.600 3,553.291

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.

Is Watanabeto Co (TSE:1807) Overvalued in 2026?

Based on GuruFocus' analysis, Watanabeto Co stock appears to be overvalued. The current stock price of 円1,934.00 is trading 34.9% above its estimated GF Value™ of 円1,433.46. GuruFocus considers Watanabeto Co to be Significantly Overvalued.

Key valuation signals for TSE:1807:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円1,433.46 vs. price of 円1,934.00 (34.9% above fair value)
  • GF Score™: 62/100 with 5 warning signs

No single metric tells the full story. See the TSE:1807 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Watanabeto Co Business Description

Address 1-18-14 Minami Azabu Minato - ku, Tokyo, JPN, 106-8567
Watanabe Sato Co Ltd manufactures and distributes construction materials. It is also engaged in the design, manufacturing, rental, and distribution of construction machines and tools and treatment of industrial wastes. It also designs, manufacture, rent and sale machinery and equipment for construction work.
62GF Score

Get the complete analysis for TSE:1807

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

円1,934.00
Price
円1,433.46
GF Value