UEKI (TSE:1867) Cyclically Adjusted PB Ratio: 0.70 (As of Aug. 08, 2026) — 40% Above Median

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TSE:1867 UEKI Corp TSE:1867
60 GF Score
Price 円2,778.00
GF Value 円2,047.76
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is UEKI Cyclically Adjusted PB Ratio?

UEKI TSE:1867 -2.94% 60 Cyclically Adjusted PB Ratio is 0.70 as of Aug. 08, 2026, which is 40% above its 10-year median of 0.50. GuruFocus rates TSE:1867 with a GF Score™ of 60/100 and a GF Value™ of 円2,047.76 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,343 Construction companies, UEKI ranks better than 67.76% on this metric.

As of today (2026-08-08), UEKI's current share price is 円2778.00. UEKI's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円3,962.06. UEKI's Cyclically Adjusted PB Ratio for today is 0.70.

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

TSE:1867' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.5   Max: 0.87
Current: 0.7

During the past years, UEKI's highest Cyclically Adjusted PB Ratio was 0.87. The lowest was 0.40. And the median was 0.50.

TSE:1867's Cyclically Adjusted PB Ratio is ranked better than
67.76% of 1343 companies
in the Construction industry
Industry Median: 1.14 vs TSE:1867: 0.70

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.

UEKI's adjusted book value per share data for the three months ended in Mar. 2026 was 円4,826.671. 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3,962.06 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


UEKI  (TSE:1867) 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.


UEKI Cyclically Adjusted PB Ratio Related Terms


UEKI Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for UEKI'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.

UEKI Cyclically Adjusted PB Ratio Chart

UEKI 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 0.49 0.42 0.49 0.48 0.71

UEKI 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 0.48 0.00 0.00 0.00 0.71

TSE:1867 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, UEKI'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.


UEKI Cyclically Adjusted PB Ratio vs Construction Industry

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

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


TSE:1867
60GF Score
UEKI Corp TSE:1867
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

UEKI 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2778.00/3962.06
=0.70

* 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.

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

For example, UEKI'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)
=4826.671/112.7000*112.7000
=4,826.671

Current CPI (Mar. 2026) = 112.7000.

UEKI Quarterly Data

Book Value per Share CPI Adj_Book
201603 2,633.293 97.900 3,031.380
201606 2,567.908 98.100 2,950.084
201609 2,626.646 98.000 3,020.643
201612 2,740.097 98.400 3,138.302
201703 2,823.284 98.100 3,243.467
201706 2,799.158 98.500 3,202.691
201709 2,860.498 98.800 3,262.936
201712 2,954.135 99.400 3,349.407
201803 2,996.059 99.200 3,403.789
201806 2,941.778 99.200 3,342.121
201809 2,992.437 99.900 3,375.852
201812 3,006.153 99.700 3,398.129
201903 3,070.884 99.700 3,471.300
201906 3,040.356 99.800 3,433.348
201909 3,099.960 100.100 3,490.165
201912 3,197.035 100.500 3,585.133
202003 3,226.946 100.300 3,625.890
202006 3,180.913 99.900 3,588.477
202009 3,303.623 99.900 3,726.910
202012 3,393.224 99.300 3,851.121
202103 3,478.997 99.900 3,924.754
202106 3,431.531 99.500 3,886.769
202109 3,500.329 100.100 3,940.930
202112 3,562.562 100.100 4,010.996
202203 3,645.043 101.100 4,063.268
202206 3,578.457 101.800 3,961.612
202209 3,640.691 103.100 3,979.688
202212 3,718.471 104.100 4,025.665
202303 3,863.862 104.400 4,171.046
202306 3,820.112 105.200 4,092.458
202309 3,883.440 106.200 4,121.127
202312 3,962.389 106.800 4,181.285
202403 4,191.796 107.200 4,406.860
202406 4,167.410 108.200 4,340.731
202409 4,196.259 108.900 4,342.685
202503 4,419.916 111.100 4,483.569
202506 4,392.227 111.700 4,431.549
202509 4,526.361 112.000 4,554.651
202512 4,681.522 113.000 4,669.093
202603 4,826.671 112.700 4,826.671

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 0.70 mean?
UEKI (TSE:1867) has a Cyclically Adjusted PB Ratio of 0.70 as of Aug. 08, 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 UEKI and its competitors. This is 40% above median its historical median of 0.50. Over the past decade, UEKI's Cyclically Adjusted PB Ratio has ranged from 0.40 to 0.87. According to the industry distribution chart, UEKI ranks #433 out of 1343 companies in the Construction industry, placing it in the top 32.2%.
Is UEKI's Cyclically Adjusted PB Ratio too high?
UEKI's current Cyclically Adjusted PB Ratio of 0.70 is 40% above median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 0.87. The Construction industry median Cyclically Adjusted PB Ratio is 1.14. UEKI's value of 0.70 is 38.6% below this industry median. Based on the distribution chart, UEKI ranks #433 out of 1343 companies in the Construction industry, which is above the industry midpoint. Overall, UEKI has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does UEKI's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, UEKI ranks #433 out of 1343 companies for Cyclically Adjusted PB Ratio. This puts UEKI in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.14. UEKI's value of 0.70 is 38.6% below this benchmark. Historically, UEKI's own Cyclically Adjusted PB Ratio has ranged from 0.40 to 0.87 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 1.14, UEKI 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 1.14, based on 1,343 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. UEKI's current Cyclically Adjusted PB Ratio of 0.70 is 38.6% 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 UEKI and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UEKI's current Cyclically Adjusted PB Ratio is 0.70, which is 40% above median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UEKI stock overvalued right now?
Based on GuruFocus' analysis, UEKI (TSE:1867) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,047.76, compared to a current price of 円2,778.00 — trading 35.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.70, which is 40% above median its 10-year median of 0.50 and 38.6% below the Construction industry median of 1.14. UEKI's overall GF Score™ is 60/100 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 UEKI (TSE:1867), the current Cyclically Adjusted PB Ratio is 0.70 as of Aug. 08, 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 UEKI (TSE:1867) Overvalued in 2026?

Based on GuruFocus' analysis, UEKI stock appears to be overvalued. The current stock price of 円2,778.00 is trading 35.7% above its estimated GF Value™ of 円2,047.76. GuruFocus considers UEKI to be Significantly Overvalued.

Key valuation signals for TSE:1867:

  • Cyclically Adjusted PB Ratio: 0.70 (40% above median its 10-year median of 0.50)
  • GF Value™: 円2,047.76 vs. price of 円2,778.00 (35.7% above fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 38.6% below the Construction median (#433 of 1343)

No single metric tells the full story. See the TSE:1867 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


UEKI Business Description

Address 1-5-45 Ekimae, Niigata Prefecture, Kashiwazaki, JPN, 945-8540
UEKI Corp is a Japan-based construction company. It is involved in civil engineering, construction, pipes, and paving works; and development, rental, and sale of real estate projects, as well as land reclamation projects. It is also engaged in the manufacture, maintenance, sale and rental of automobiles, construction material equipment, and power generation facilities. UEKI also provides repair and maintenance services.
60GF Score

Get the complete analysis for TSE:1867

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

円2,778.00
Price
円2,047.76
GF Value