Takamiya Co (TSE:2445) Cyclically Adjusted PB Ratio: 0.95 (As of Sep. 01, 2026) — 35% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
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:2445 Takamiya Co Ltd TSE:2445
65 GF Score
Price 円401.00
GF Value 円476.65
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Takamiya Co Cyclically Adjusted PB Ratio?

Takamiya Co TSE:2445 -0.25% 65 Cyclically Adjusted PB Ratio is 0.95 as of Sep. 01, 2026, which is 35% below its 10-year median of 1.46. GuruFocus rates TSE:2445 with a GF Score™ of 65/100 and a GF Value™ of 円476.65 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 690 Business Services companies, Takamiya Co ranks better than 67.97% on this metric.

As of today (2026-09-01), Takamiya Co's current share price is 円401.00. Takamiya Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円421.17. Takamiya Co's Cyclically Adjusted PB Ratio for today is 0.95.

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

TSE:2445' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.46   Max: 3.63
Current: 0.95

During the past years, Takamiya Co's highest Cyclically Adjusted PB Ratio was 3.63. The lowest was 0.80. And the median was 1.46.

TSE:2445's Cyclically Adjusted PB Ratio is ranked better than
67.97% of 690 companies
in the Business Services industry
Industry Median: 1.52 vs TSE:2445: 0.95

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.

Takamiya Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円512.728. 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421.17 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Takamiya Co  (TSE:2445) 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.


Takamiya Co Cyclically Adjusted PB Ratio Related Terms


Takamiya Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Takamiya 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.

Takamiya Co Cyclically Adjusted PB Ratio Chart

Takamiya 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 1.24 1.28 1.56 0.97 0.94

Takamiya Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.81 0.89 1.01 0.94 0.00

TSE:2445 vs URI, SUNB, AER: Cyclically Adjusted PB Ratio Comparison

For the Rental & Leasing Services subindustry, Takamiya 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.


Takamiya Co Cyclically Adjusted PB Ratio vs Business Services Industry

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

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


TSE:2445
65GF Score
Takamiya Co Ltd TSE:2445
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Takamiya 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=401.00/421.17
=0.95

* 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.

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

For example, Takamiya 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)
=512.728/112.7000*112.7000
=512.728

Current CPI (Mar. 2026) = 112.7000.

Takamiya Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 268.012 98.100 307.900
201603 274.656 97.900 316.177
201606 265.087 98.100 304.539
201609 265.667 98.000 305.517
201612 268.789 98.400 307.851
201703 295.326 98.100 339.279
201706 289.624 98.500 331.377
201709 299.108 98.800 341.189
201712 309.264 99.400 350.644
201803 314.145 99.200 356.897
201806 306.303 99.200 347.987
201809 321.001 99.900 362.130
201812 328.580 99.700 371.424
201903 337.533 99.700 381.544
201906 339.023 99.800 382.845
201909 399.450 100.100 449.730
201912 405.255 100.500 454.450
202003 394.256 100.300 442.998
202006 391.658 99.900 441.840
202009 400.911 99.900 452.279
202012 402.478 99.300 456.790
202103 399.613 99.900 450.815
202106 396.445 99.500 449.039
202109 401.490 100.100 452.027
202112 397.561 100.100 447.604
202203 411.258 101.100 458.445
202206 410.228 101.800 454.152
202209 424.913 103.100 464.478
202212 439.941 104.100 476.286
202303 436.377 104.400 471.070
202306 436.699 105.200 467.832
202309 456.300 106.200 484.228
202312 469.289 106.800 495.214
202403 471.328 107.200 495.510
202409 484.659 108.900 501.571
202503 489.576 111.100 496.627
202506 476.792 111.700 481.061
202509 486.073 112.000 489.111
202512 495.103 113.000 493.789
202603 512.728 112.700 512.728

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 0.95 mean?
Takamiya Co (TSE:2445) has a Cyclically Adjusted PB Ratio of 0.95 as of Sep. 01, 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 Takamiya Co and its competitors. This is 35% below median its historical median of 1.46. Over the past decade, Takamiya Co's Cyclically Adjusted PB Ratio has ranged from 0.80 to 3.63. According to the industry distribution chart, Takamiya Co ranks #221 out of 690 companies in the Business Services industry, placing it in the top 32%.
Is Takamiya Co's Cyclically Adjusted PB Ratio too high?
Takamiya Co's current Cyclically Adjusted PB Ratio of 0.95 is 35% below median its 10-year median of 1.46. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 3.63. The Business Services industry median Cyclically Adjusted PB Ratio is 1.52. Takamiya Co's value of 0.95 is 37.5% below this industry median. Based on the distribution chart, Takamiya Co ranks #221 out of 690 companies in the Business Services industry, which is above the industry midpoint. Overall, Takamiya Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Takamiya Co's Cyclically Adjusted PB Ratio compare to URI and SUNB?
According to the Business Services industry distribution chart, Takamiya Co ranks #221 out of 690 companies for Cyclically Adjusted PB Ratio. This puts Takamiya Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.52. Takamiya Co's value of 0.95 is 37.5% below this benchmark. Historically, Takamiya Co's own Cyclically Adjusted PB Ratio has ranged from 0.80 to 3.63 over the past decade. While the company's 10-year median is 1.46 vs. the industry median of 1.52, Takamiya Co 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.52, based on 690 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. Takamiya Co's current Cyclically Adjusted PB Ratio of 0.95 is 37.5% 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 Takamiya Co and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Takamiya Co's current Cyclically Adjusted PB Ratio is 0.95, which is 35% below median its own 10-year median of 1.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Takamiya Co stock overvalued right now?
Based on GuruFocus' analysis, Takamiya Co (TSE:2445) is currently considered Modestly Undervalued. The stock's GF Value™ is 円476.65, compared to a current price of 円401.00 — trading 15.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.95, which is 35% below median its 10-year median of 1.46 and 37.5% below the Business Services industry median of 1.52. Takamiya Co's overall GF Score™ is 65/100 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 Takamiya Co (TSE:2445), the current Cyclically Adjusted PB Ratio is 0.95 as of Sep. 01, 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 Takamiya Co (TSE:2445) Overvalued in 2026?

Based on GuruFocus' analysis, Takamiya Co stock appears to be undervalued. The current stock price of 円401.00 is trading 15.9% below its estimated GF Value™ of 円476.65. GuruFocus considers Takamiya Co to be Modestly Undervalued.

Key valuation signals for TSE:2445:

  • Cyclically Adjusted PB Ratio: 0.95 (35% below median its 10-year median of 1.46)
  • GF Value™: 円476.65 vs. price of 円401.00 (15.9% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 37.5% below the Business Services median (#221 of 690)

No single metric tells the full story. See the TSE:2445 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Takamiya Co Business Description

Address 3-1, Ofuka-cho, Kita-ku, Grand Front Osaka Tower-B Building 27th Floor, Osaka, JPN, 530-0011
Takamiya Co Ltd is engaged in sales and rental of temporary equipment, planning and drawing of temporary construction. The company provides the development and manufacturing, sales, rental, design and construction, and management/logistics of temporary equipment such as scaffolding. It also engages in Agri-business, which manufactures and sells high-performance greenhouses for agriculture and provides construction services.
65GF Score

Get the complete analysis for TSE:2445

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

円401.00
Price
円476.65
GF Value