Seikitokyu Kogyo Co (TSE:1898) Cyclically Adjusted PB Ratio: 1.47 (As of Aug. 13, 2026) — Near Median

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TSE:1898 Seikitokyu Kogyo Co Ltd TSE:1898
66 GF Score
Price 円1,460.00
GF Value 円1,578.46
Valuation Fairly Valued
! 4 Warning Signs
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What is Seikitokyu Kogyo Co Cyclically Adjusted PB Ratio?

Seikitokyu Kogyo Co TSE:1898 +0.62% 66 Cyclically Adjusted PB Ratio is 1.47 as of Aug. 13, 2026, which is 9% below its 10-year median of 1.62. GuruFocus rates TSE:1898 with a GF Score™ of 66/100 and a GF Value™ of 円1,578.46 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,337 Construction companies, Seikitokyu Kogyo Co ranks worse than 58.41% on this metric.

As of today (2026-08-13), Seikitokyu Kogyo Co's current share price is 円1460.00. Seikitokyu Kogyo Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円994.92. Seikitokyu Kogyo Co's Cyclically Adjusted PB Ratio for today is 1.47.

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

TSE:1898' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.1   Med: 1.62   Max: 2.47
Current: 1.46

During the past years, Seikitokyu Kogyo Co's highest Cyclically Adjusted PB Ratio was 2.47. The lowest was 1.10. And the median was 1.62.

TSE:1898's Cyclically Adjusted PB Ratio is ranked worse than
58.41% of 1337 companies
in the Construction industry
Industry Median: 1.16 vs TSE:1898: 1.46

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.

Seikitokyu Kogyo Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,207.005. 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994.92 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Seikitokyu Kogyo Co  (TSE:1898) 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.


Seikitokyu Kogyo Co Cyclically Adjusted PB Ratio Related Terms


Seikitokyu Kogyo Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Seikitokyu 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.

Seikitokyu Kogyo Co Cyclically Adjusted PB Ratio Chart

Seikitokyu Kogyo 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 1.19 1.12 2.34 1.65 1.51

Seikitokyu Kogyo 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 1.56 1.57 1.68 1.51 0.00

TSE:1898 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Seikitokyu 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.


Seikitokyu Kogyo Co Cyclically Adjusted PB Ratio vs Construction Industry

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

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


TSE:1898
66GF Score
Seikitokyu Kogyo Co Ltd TSE:1898
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Seikitokyu 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.

Seikitokyu Kogyo Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1460.00/994.92
=1.47

* 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.

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

For example, Seikitokyu Kogyo 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)
=1207.005/112.7000*112.7000
=1,207.005

Current CPI (Mar. 2026) = 112.7000.

Seikitokyu Kogyo Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 525.206 98.100 603.371
201609 545.247 98.000 627.034
201612 585.503 98.400 670.591
201703 645.899 98.100 742.027
201706 629.400 98.500 720.136
201709 593.827 98.800 677.371
201712 643.595 99.400 729.710
201803 696.081 99.200 790.810
201806 691.597 99.200 785.716
201809 718.030 99.900 810.030
201812 754.942 99.700 853.380
201903 780.734 99.700 882.535
201906 793.275 99.800 895.813
201909 821.632 100.100 925.054
201912 860.427 100.500 964.877
202003 909.143 100.300 1,021.540
202006 870.055 99.900 981.534
202009 913.709 99.900 1,030.781
202012 950.588 99.300 1,078.865
202103 1,011.005 99.900 1,140.543
202106 977.453 99.500 1,107.125
202109 1,002.002 100.100 1,128.128
202112 1,028.836 100.100 1,158.340
202203 1,082.342 101.100 1,206.528
202206 1,053.247 101.800 1,166.021
202209 1,063.625 103.100 1,162.663
202212 1,088.208 104.100 1,178.108
202303 1,088.126 104.400 1,174.634
202306 1,058.604 105.200 1,134.075
202309 1,084.038 106.200 1,150.387
202312 1,071.019 106.800 1,130.186
202403 1,111.465 107.200 1,168.490
202406 0.000 108.200 0.000
202409 1,092.222 108.900 1,130.334
202412 1,097.462 110.700 1,117.290
202503 1,138.846 111.100 1,155.247
202506 1,104.947 111.700 1,114.839
202509 1,135.483 112.000 1,142.580
202512 1,141.215 113.000 1,138.185
202603 1,207.005 112.700 1,207.005

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 1.47 mean?
Seikitokyu Kogyo Co (TSE:1898) has a Cyclically Adjusted PB Ratio of 1.47 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 Seikitokyu Kogyo Co and its competitors. This is near median its historical median of 1.62. Over the past decade, Seikitokyu Kogyo Co's Cyclically Adjusted PB Ratio has ranged from 1.10 to 2.47. According to the industry distribution chart, Seikitokyu Kogyo Co ranks #781 out of 1337 companies in the Construction industry, placing it in the top 58.4%.
Is Seikitokyu Kogyo Co's Cyclically Adjusted PB Ratio too high?
Seikitokyu Kogyo Co's current Cyclically Adjusted PB Ratio of 1.47 is near median its 10-year median of 1.62. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 2.47. The Construction industry median Cyclically Adjusted PB Ratio is 1.16. Seikitokyu Kogyo Co's value of 1.47 is 26.7% above this industry median. Based on the distribution chart, Seikitokyu Kogyo Co ranks #781 out of 1337 companies in the Construction industry, which is below the industry midpoint. Overall, Seikitokyu Kogyo Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Seikitokyu Kogyo Co's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Seikitokyu Kogyo Co ranks #781 out of 1337 companies for Cyclically Adjusted PB Ratio. This places Seikitokyu Kogyo Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. Seikitokyu Kogyo Co's value of 1.47 is 26.7% above this benchmark. Historically, Seikitokyu Kogyo Co's own Cyclically Adjusted PB Ratio has ranged from 1.10 to 2.47 over the past decade. While the company's 10-year median is 1.62 vs. the industry median of 1.16, Seikitokyu 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 1,337 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. Seikitokyu Kogyo Co's current Cyclically Adjusted PB Ratio of 1.47 is 26.7% 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 Seikitokyu 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. Seikitokyu Kogyo Co's current Cyclically Adjusted PB Ratio is 1.47, which is near median its own 10-year median of 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seikitokyu Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Seikitokyu Kogyo Co (TSE:1898) is currently considered Fairly Valued. The stock's GF Value™ is 円1,578.46, compared to a current price of 円1,460.00 — trading 7.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.47, which is near median its 10-year median of 1.62 and 26.7% above the Construction industry median of 1.16. Seikitokyu Kogyo Co's overall GF Score™ is 66/100 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 Seikitokyu Kogyo Co (TSE:1898), the current Cyclically Adjusted PB Ratio is 1.47 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 Seikitokyu Kogyo Co (TSE:1898) Overvalued in 2026?

Based on GuruFocus' analysis, Seikitokyu Kogyo Co stock appears to be undervalued. The current stock price of 円1,460.00 is trading 7.5% below its estimated GF Value™ of 円1,578.46. GuruFocus considers Seikitokyu Kogyo Co to be Fairly Valued.

Key valuation signals for TSE:1898:

  • Cyclically Adjusted PB Ratio: 1.47 (near median its 10-year median of 1.62)
  • GF Value™: 円1,578.46 vs. price of 円1,460.00 (7.5% below fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 26.7% above the Construction median (#781 of 1337)

No single metric tells the full story. See the TSE:1898 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Seikitokyu Kogyo Co Business Description

Address No. 9, No. 3, 2-chome, Minato-ku, Tokyo, JPN, 105-0011
Seikitokyu Kogyo Co Ltd is a general construction company belonging to Tokyu group. The firm is mainly engaged in the development of social capital, business development, such as civil engineering, irrigation and the environment, pavement material production and sales. It specializes in asphalt paving.
66GF Score

Get the complete analysis for TSE:1898

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

円1,460.00
Price
円1,578.46
GF Value