Penta-Ocean Construction Co (TSE:1893) Cyclically Adjusted PB Ratio: 2.61 (As of Aug. 13, 2026) — 47% Above Median

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TSE:1893 Penta-Ocean Construction Co Ltd TSE:1893
80 GF Score
Price 円1,427.00
GF Value 円929.28
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Penta-Ocean Construction Co Cyclically Adjusted PB Ratio?

Penta-Ocean Construction Co TSE:1893 +0.56% 80 Cyclically Adjusted PB Ratio is 2.61 as of Aug. 13, 2026, which is 47% above its 10-year median of 1.78. GuruFocus rates TSE:1893 with a GF Score™ of 80/100 and a GF Value™ of 円929.28 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,332 Construction companies, Penta-Ocean Construction Co ranks worse than 77.63% on this metric.

As of today (2026-08-13), Penta-Ocean Construction Co's current share price is 円1427.00. Penta-Ocean Construction Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円547.43. Penta-Ocean Construction Co's Cyclically Adjusted PB Ratio for today is 2.61.

The historical rank and industry rank for Penta-Ocean Construction Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSE:1893' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.27   Med: 1.78   Max: 3.96
Current: 2.74

During the past years, Penta-Ocean Construction Co's highest Cyclically Adjusted PB Ratio was 3.96. The lowest was 1.27. And the median was 1.78.

TSE:1893's Cyclically Adjusted PB Ratio is ranked worse than
77.63% of 1332 companies
in the Construction industry
Industry Median: 1.15 vs TSE:1893: 2.74

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.

Penta-Ocean Construction Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円726.015. 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547.43 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Penta-Ocean Construction Co  (TSE:1893) 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.


Penta-Ocean Construction Co Cyclically Adjusted PB Ratio Related Terms


Penta-Ocean Construction Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Penta-Ocean Construction 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.

Penta-Ocean Construction Co Cyclically Adjusted PB Ratio Chart

Penta-Ocean Construction 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 1.52 1.36 1.70 1.41 2.97

Penta-Ocean Construction Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 1.41 1.76 2.22 2.93 2.97

TSE:1893 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Penta-Ocean Construction 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.


Penta-Ocean Construction Co Cyclically Adjusted PB Ratio vs Construction Industry

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

* The bar in red indicates where Penta-Ocean Construction Co's Cyclically Adjusted PB Ratio falls into.


TSE:1893
80GF Score
Penta-Ocean Construction Co Ltd TSE:1893
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Penta-Ocean Construction 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.

Penta-Ocean Construction Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1427.00/547.43
=2.61

* 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.

Penta-Ocean Construction Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Penta-Ocean Construction 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)
=726.015/112.7000*112.7000
=726.015

Current CPI (Mar. 2026) = 112.7000.

Penta-Ocean Construction Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 293.031 98.100 336.642
201609 300.397 98.000 345.457
201612 316.605 98.400 362.616
201703 337.085 98.100 387.253
201706 345.665 98.500 395.497
201709 361.387 98.800 412.230
201712 380.159 99.400 431.025
201803 392.258 99.200 445.640
201806 399.598 99.200 453.979
201809 418.848 99.900 472.514
201812 422.481 99.700 477.569
201903 443.350 99.700 501.159
201906 440.018 99.800 496.894
201909 464.156 100.100 522.581
201912 486.629 100.500 545.702
202003 494.695 100.300 555.854
202006 492.599 99.900 555.715
202009 510.793 99.900 576.240
202012 525.489 99.300 596.401
202103 555.314 99.900 626.465
202106 540.537 99.500 612.246
202109 558.085 100.100 628.333
202112 555.647 100.100 625.589
202203 559.838 101.100 624.073
202206 547.996 101.800 606.671
202209 558.288 103.100 610.272
202212 514.531 104.100 557.038
202303 550.021 104.400 593.749
202306 549.222 105.200 588.378
202309 561.899 106.200 596.290
202312 578.146 106.800 610.085
202403 607.343 107.200 638.503
202406 0.000 108.200 0.000
202409 614.095 108.900 635.523
202412 600.610 110.700 611.461
202503 610.550 111.100 619.343
202506 619.727 111.700 625.275
202509 661.629 112.000 665.764
202512 679.348 113.000 677.544
202603 726.015 112.700 726.015

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 2.61 mean?
Penta-Ocean Construction Co (TSE:1893) has a Cyclically Adjusted PB Ratio of 2.61 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 Penta-Ocean Construction Co and its competitors. This is 47% above median its historical median of 1.78. Over the past decade, Penta-Ocean Construction Co's Cyclically Adjusted PB Ratio has ranged from 1.27 to 3.96. According to the industry distribution chart, Penta-Ocean Construction Co ranks #1034 out of 1332 companies in the Construction industry, placing it in the top 77.6%.
Is Penta-Ocean Construction Co's Cyclically Adjusted PB Ratio too high?
Penta-Ocean Construction Co's current Cyclically Adjusted PB Ratio of 2.61 is 47% above median its 10-year median of 1.78. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 3.96. The Construction industry median Cyclically Adjusted PB Ratio is 1.15. Penta-Ocean Construction Co's value of 2.61 is 127% above this industry median. Based on the distribution chart, Penta-Ocean Construction Co ranks #1034 out of 1332 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Penta-Ocean Construction Co has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Penta-Ocean Construction Co's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Penta-Ocean Construction Co ranks #1034 out of 1332 companies for Cyclically Adjusted PB Ratio. This places Penta-Ocean Construction Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.15. Penta-Ocean Construction Co's value of 2.61 is 127% above this benchmark. Historically, Penta-Ocean Construction Co's own Cyclically Adjusted PB Ratio has ranged from 1.27 to 3.96 over the past decade. While the company's 10-year median is 1.78 vs. the industry median of 1.15, Penta-Ocean Construction 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 1.15, 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. Penta-Ocean Construction Co's current Cyclically Adjusted PB Ratio of 2.61 is 127% 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 Penta-Ocean Construction Co 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. Penta-Ocean Construction Co's current Cyclically Adjusted PB Ratio is 2.61, which is 47% above median its own 10-year median of 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Penta-Ocean Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Penta-Ocean Construction Co (TSE:1893) is currently considered Significantly Overvalued. The stock's GF Value™ is 円929.28, compared to a current price of 円1,427.00 — trading 53.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.61, which is 47% above median its 10-year median of 1.78 and 127% above the Construction industry median of 1.15. Penta-Ocean Construction Co's overall GF Score™ is 80/100 with 1 warning sign 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 Penta-Ocean Construction Co (TSE:1893), the current Cyclically Adjusted PB Ratio is 2.61 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 Penta-Ocean Construction Co (TSE:1893) Overvalued in 2026?

Based on GuruFocus' analysis, Penta-Ocean Construction Co stock appears to be overvalued. The current stock price of 円1,427.00 is trading 53.6% above its estimated GF Value™ of 円929.28. GuruFocus considers Penta-Ocean Construction Co to be Significantly Overvalued.

Key valuation signals for TSE:1893:

  • Cyclically Adjusted PB Ratio: 2.61 (47% above median its 10-year median of 1.78)
  • GF Value™: 円929.28 vs. price of 円1,427.00 (53.6% above fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 127% above the Construction median (#1034 of 1332)

No single metric tells the full story. See the TSE:1893 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Penta-Ocean Construction Co Business Description

Other Exchanges PO6:Germany
Address 2-2-8 Koraku, Bunkyo-ku, Tokyo, JPN, 112-8576
Penta-Ocean Construction Co Ltd is mainly engaged in the construction and development business. It operates in various segments namely Civil engineering segment, Building construction segment, and Overseas segment. The company undertakes projects for port and harbor, airport, power station, dam and river work, bridge, road and tunnel, railway, industrial and logistics, recreational, commercial, residential, and educational, as well as medical, health, and welfare facilities. In addition, it is also engaged in shipbuilding, leasing business, insurance business and consulting business. Geographically, business activity of the group can be seen in Japan, Southeast Asia, and internationally of which Japan region account for larger share of revenue.
80GF Score

Get the complete analysis for TSE:1893

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

円1,427.00
Price
円929.28
GF Value