Takachiho Koheki Co (TSE:2676) Cyclically Adjusted PB Ratio: 2.32 (As of Aug. 09, 2026) — 97% Above Median

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Director of Data and Quant Analytics at GuruFocus
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TSE:2676 Takachiho Koheki Co Ltd TSE:2676
77 GF Score
Price 円2,059.00
GF Value 円2,226.48
Valuation Fairly Valued
! 2 Warning Signs
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What is Takachiho Koheki Co Cyclically Adjusted PB Ratio?

Takachiho Koheki Co TSE:2676 -0.19% 77 Cyclically Adjusted PB Ratio is 2.32 as of Aug. 09, 2026, which is 97% above its 10-year median of 1.18. GuruFocus rates TSE:2676 with a GF Score™ of 77/100 and a GF Value™ of 円2,226.48 (Fairly Valued). The stock has 2 warning signs investors should review. Among 463 Conglomerates companies, Takachiho Koheki Co ranks worse than 75.16% on this metric.

As of today (2026-08-09), Takachiho Koheki Co's current share price is 円2059.00. Takachiho Koheki Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円887.30. Takachiho Koheki Co's Cyclically Adjusted PB Ratio for today is 2.32.

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

TSE:2676' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.18   Max: 2.59
Current: 2.32

During the past years, Takachiho Koheki Co's highest Cyclically Adjusted PB Ratio was 2.59. The lowest was 0.57. And the median was 1.18.

TSE:2676's Cyclically Adjusted PB Ratio is ranked worse than
75.16% of 463 companies
in the Conglomerates industry
Industry Median: 1.02 vs TSE:2676: 2.32

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.

Takachiho Koheki Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円941.890. 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887.30 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Takachiho Koheki Co  (TSE:2676) 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.


Takachiho Koheki Co Cyclically Adjusted PB Ratio Related Terms


Takachiho Koheki Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Takachiho Koheki 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.

Takachiho Koheki Co Cyclically Adjusted PB Ratio Chart

Takachiho Koheki 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 0.97 1.54 2.27 2.26 2.28

Takachiho Koheki Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 2.26 2.38 2.22 2.39 2.28

TSE:2676 vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Takachiho Koheki 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.


Takachiho Koheki Co Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Takachiho Koheki Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:2676
77GF Score
Takachiho Koheki Co Ltd TSE:2676
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Takachiho Koheki 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2059.00/887.30
=2.32

* 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.

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

For example, Takachiho Koheki 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)
=941.89/112.7000*112.7000
=941.890

Current CPI (Mar. 2026) = 112.7000.

Takachiho Koheki Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 711.461 98.100 817.346
201603 725.871 97.900 835.604
201606 698.992 98.100 803.021
201609 697.475 98.000 802.096
201612 711.506 98.400 814.906
201703 740.745 98.100 850.988
201706 736.812 98.500 843.033
201709 752.390 98.800 858.242
201712 756.663 99.400 857.907
201803 746.910 99.200 848.556
201806 735.996 99.200 836.157
201809 755.119 99.900 851.871
201812 744.919 99.700 842.050
201903 772.878 99.700 873.654
201906 772.082 99.800 871.880
201909 784.855 100.100 883.648
201912 796.213 100.500 892.868
202003 762.713 100.300 857.007
202006 761.297 99.900 858.841
202009 761.932 99.900 859.557
202012 765.215 99.300 868.477
202103 795.851 99.900 897.822
202106 790.200 99.500 895.031
202109 804.573 100.100 905.848
202112 814.883 100.100 917.456
202203 841.019 101.100 937.516
202206 842.167 101.800 932.340
202209 871.939 103.100 953.128
202212 869.068 104.100 940.864
202303 906.114 104.400 978.152
202306 884.060 105.200 947.087
202309 911.602 106.200 967.397
202312 890.284 106.800 939.466
202403 926.099 107.200 973.613
202409 887.695 108.900 918.671
202503 905.181 111.100 918.217
202506 862.028 111.700 869.745
202509 907.922 112.000 913.597
202512 919.075 113.000 916.635
202603 941.890 112.700 941.890

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 2.32 mean?
Takachiho Koheki Co (TSE:2676) has a Cyclically Adjusted PB Ratio of 2.32 as of Aug. 09, 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 Takachiho Koheki Co and its competitors. This is 97% above median its historical median of 1.18. Over the past decade, Takachiho Koheki Co's Cyclically Adjusted PB Ratio has ranged from 0.57 to 2.59. According to the industry distribution chart, Takachiho Koheki Co ranks #348 out of 463 companies in the Conglomerates industry, placing it in the top 75.2%.
Is Takachiho Koheki Co's Cyclically Adjusted PB Ratio too high?
Takachiho Koheki Co's current Cyclically Adjusted PB Ratio of 2.32 is 97% above median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 2.59. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.02. Takachiho Koheki Co's value of 2.32 is 127.5% above this industry median. Based on the distribution chart, Takachiho Koheki Co ranks #348 out of 463 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Takachiho Koheki Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Takachiho Koheki Co's Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Takachiho Koheki Co ranks #348 out of 463 companies for Cyclically Adjusted PB Ratio. This places Takachiho Koheki Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.02. Takachiho Koheki Co's value of 2.32 is 127.5% above this benchmark. Historically, Takachiho Koheki Co's own Cyclically Adjusted PB Ratio has ranged from 0.57 to 2.59 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 1.02, Takachiho Koheki 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.02, based on 463 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. Takachiho Koheki Co's current Cyclically Adjusted PB Ratio of 2.32 is 127.5% 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 Takachiho Koheki Co and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Takachiho Koheki Co's current Cyclically Adjusted PB Ratio is 2.32, which is 97% above median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Takachiho Koheki Co stock overvalued right now?
Based on GuruFocus' analysis, Takachiho Koheki Co (TSE:2676) is currently considered Fairly Valued. The stock's GF Value™ is 円2,226.48, compared to a current price of 円2,059.00 — trading 7.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.32, which is 97% above median its 10-year median of 1.18 and 127.5% above the Conglomerates industry median of 1.02. Takachiho Koheki Co's overall GF Score™ is 77/100 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 Takachiho Koheki Co (TSE:2676), the current Cyclically Adjusted PB Ratio is 2.32 as of Aug. 09, 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 Takachiho Koheki Co (TSE:2676) Overvalued in 2026?

Based on GuruFocus' analysis, Takachiho Koheki Co stock appears to be undervalued. The current stock price of 円2,059.00 is trading 7.5% below its estimated GF Value™ of 円2,226.48. GuruFocus considers Takachiho Koheki Co to be Fairly Valued.

Key valuation signals for TSE:2676:

  • Cyclically Adjusted PB Ratio: 2.32 (97% above median its 10-year median of 1.18)
  • GF Value™: 円2,226.48 vs. price of 円2,059.00 (7.5% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 127.5% above the Conglomerates median (#348 of 463)

No single metric tells the full story. See the TSE:2676 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Takachiho Koheki Co Business Description

Address 1-6-1 Yotsuya, 7th Floor, Yotsuya Tower, Tokyo, JPN, 160-0004
Takachiho Koheki Co Ltd is a Japan-based company engages in the maintenance and sale of market information network systems, security systems, semiconductors, and structural precision parts. It is also involved in the installation of system designs and outsourcing services in the information network system. Its segments involve: Cloud Service & Support; System; and Devices.
77GF Score

Get the complete analysis for TSE:2676

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

円2,059.00
Price
円2,226.48
GF Value