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Totetsu Kogyo CoTSE:1835 -0.50%75 Cyclically Adjusted PB Ratio is 1.37 as of Aug. 28, 2026, which is 9% below its 10-year median of 1.50. GuruFocus rates TSE:1835 with a GF Score™ of 75/100 and a GF Value™ of 円3,741.11 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,248 Construction companies, Totetsu Kogyo Co ranks worse than 56.09% on this metric.
The historical rank and industry rank for Totetsu Kogyo Co's Cyclically Adjusted PB Ratio or its related term are showing as below:
TSE:1835'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.05 Med: 1.5 Max: 2.91
Current: 1.36
During the past years, Totetsu Kogyo Co's highest Cyclically Adjusted PB Ratio was 2.91. The lowest was 1.05. And the median was 1.50.
TSE:1835's Cyclically Adjusted PB Ratio is ranked worse than 56.09% of 1248
companies
in the Construction industry
Industry Median: 1.155
vs TSE:1835: 1.36
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.
Totetsu Kogyo Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円3,851.842. 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2,927.52 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Totetsu Kogyo Co (TSE:1835) 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.
Totetsu Kogyo Co Cyclically Adjusted PB Ratio Related Terms
Totetsu Kogyo Co Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Totetsu Kogyo 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.
Totetsu Kogyo Co Cyclically Adjusted PB Ratio Chart
TSE:1835 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison
For the Engineering & Construction subindustry, Totetsu Kogyo 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.
Totetsu Kogyo Co Cyclically Adjusted PB Ratio vs Construction Industry
For the Construction industry and Industrials sector, Totetsu Kogyo Co's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Totetsu Kogyo Co's Cyclically Adjusted PB Ratio falls into.
Totetsu Kogyo 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.
Totetsu Kogyo Co's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 1.37 mean?
Totetsu Kogyo Co (TSE:1835) has a Cyclically Adjusted PB Ratio of 1.37 as of Aug. 28, 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 Totetsu Kogyo Co and its competitors. This is near median its historical median of 1.50. Over the past decade, Totetsu Kogyo Co's Cyclically Adjusted PB Ratio has ranged from 1.05 to 2.91. According to the industry distribution chart, Totetsu Kogyo Co ranks #700 out of 1248 companies in the Construction industry, placing it in the top 56.1%.
Is Totetsu Kogyo Co's Cyclically Adjusted PB Ratio too high?
Totetsu Kogyo Co's current Cyclically Adjusted PB Ratio of 1.37 is near median its 10-year median of 1.50. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 2.91. The Construction industry median Cyclically Adjusted PB Ratio is 1.16. Totetsu Kogyo Co's value of 1.37 is 18.6% above this industry median. Based on the distribution chart, Totetsu Kogyo Co ranks #700 out of 1248 companies in the Construction industry, which is below the industry midpoint. Overall, Totetsu Kogyo Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Totetsu Kogyo Co's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Totetsu Kogyo Co ranks #700 out of 1248 companies for Cyclically Adjusted PB Ratio. This places Totetsu Kogyo Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. Totetsu Kogyo Co's value of 1.37 is 18.6% above this benchmark. Historically, Totetsu Kogyo Co's own Cyclically Adjusted PB Ratio has ranged from 1.05 to 2.91 over the past decade. While the company's 10-year median is 1.50 vs. the industry median of 1.16, Totetsu Kogyo 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 a Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.16, based on 1,248 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. Totetsu Kogyo Co's current Cyclically Adjusted PB Ratio of 1.37 is 18.6% 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 Totetsu Kogyo Co and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Totetsu Kogyo Co's current Cyclically Adjusted PB Ratio is 1.37, which is near median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Totetsu Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Totetsu Kogyo Co (TSE:1835) is currently considered Fairly Valued. The stock's GF Value™ is 円3,741.11, compared to a current price of 円4,000.00 — trading 6.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.37, which is near median its 10-year median of 1.50 and 18.6% above the Construction industry median of 1.16. Totetsu Kogyo Co's overall GF Score™ is 75/100 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 Totetsu Kogyo Co (TSE:1835), the current Cyclically Adjusted PB Ratio is 1.37 as of Aug. 28, 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 Totetsu Kogyo Co (TSE:1835) Overvalued in 2026?
Based on GuruFocus' analysis, Totetsu Kogyo Co stock appears to be overvalued.
The current stock price of 円4,000.00 is trading 6.9% above its estimated GF Value™ of 円3,741.11.
GuruFocus considers Totetsu Kogyo Co to be Fairly Valued.
Key valuation signals for TSE:1835:
Cyclically Adjusted PB Ratio: 1.37 (near median its 10-year median of 1.50)
GF Value™: 円3,741.11 vs. price of 円4,000.00 (6.9% above fair value)
Industry Position: 18.6% above the Construction median (#700 of 1248)
No single metric tells the full story. See the TSE:1835 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Totetsu Kogyo Co Ltd is a construction company. Its operating segments are Civil Engineering, Railway track maintenance, Architectural and Environmental segment. It undertakes various projects such as construction, renovation, reinforcement of elevated bridges and railway platform edge doors for passenger protection along with building new railway tracks for the Shinkansen, public and private sectors. The company is also engaged in construction and maintenance of station buildings for railway lines, apartment houses, office buildings, hotels, shops, and schools. Additionally, it also provides environmental technology and services, like construction of solar power generation systems, greening of buildings, and implementing energy conservation systems for air conditioning.
75GF Score
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