Unitika (TSE:3103) Cyclically Adjusted PB Ratio: 1.22 (As of Aug. 05, 2026) — 107% Above Median

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TSE:3103 Unitika Ltd TSE:3103
54 GF Score
Price 円876.00
GF Value 円192.48
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Unitika Cyclically Adjusted PB Ratio?

Unitika TSE:3103 +4.53% 54 Cyclically Adjusted PB Ratio is 1.22 as of Aug. 05, 2026, which is 107% above its 10-year median of 0.59. GuruFocus rates TSE:3103 with a GF Score™ of 54/100 and a GF Value™ of 円192.48 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,239 Chemicals companies, Unitika ranks better than 66.26% on this metric.

As of today (2026-08-05), Unitika's current share price is 円876.00. Unitika's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円720.04. Unitika's Cyclically Adjusted PB Ratio for today is 1.22.

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

TSE:3103' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.59   Max: 4.28
Current: 1.06

During the past years, Unitika's highest Cyclically Adjusted PB Ratio was 4.28. The lowest was 0.19. And the median was 0.59.

TSE:3103's Cyclically Adjusted PB Ratio is ranked better than
66.26% of 1239 companies
in the Chemicals industry
Industry Median: 1.61 vs TSE:3103: 1.06

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.

Unitika's adjusted book value per share data for the three months ended in Mar. 2026 was 円932.875. 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720.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Unitika  (TSE:3103) 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.


Unitika Cyclically Adjusted PB Ratio Related Terms


Unitika Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Unitika'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.

Unitika Cyclically Adjusted PB Ratio Chart

Unitika 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 0.35 0.25 0.24 1.59

Unitika 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 0.24 0.25 0.30 0.40 1.59

TSE:3103 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Unitika'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.


Unitika Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Unitika's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:3103
54GF Score
Unitika Ltd TSE:3103
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Unitika 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=876.00/720.04
=1.22

* 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.

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

For example, Unitika'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)
=932.875/112.7000*112.7000
=932.875

Current CPI (Mar. 2026) = 112.7000.

Unitika Quarterly Data

Book Value per Share CPI Adj_Book
201606 606.533 98.100 696.802
201609 640.571 98.000 736.657
201612 675.458 98.400 773.619
201703 725.477 98.100 833.448
201706 539.855 98.500 617.682
201709 581.991 98.800 663.870
201712 621.976 99.400 705.198
201803 644.526 99.200 732.239
201806 658.435 99.200 748.041
201809 691.559 99.900 780.167
201812 707.237 99.700 799.454
201903 656.845 99.700 742.492
201906 619.227 99.800 699.267
201909 629.928 100.100 709.220
201912 632.876 100.500 709.703
202003 615.370 100.300 691.448
202006 619.064 99.900 698.384
202009 681.328 99.900 768.625
202012 699.365 99.300 793.741
202103 684.652 99.900 772.375
202106 717.346 99.500 812.511
202109 733.874 100.100 826.250
202112 747.177 100.100 841.227
202203 716.218 101.100 798.395
202206 735.574 101.800 814.334
202209 767.903 103.100 839.405
202212 773.367 104.100 837.257
202303 730.349 104.400 788.413
202306 711.496 105.200 762.221
202309 714.271 106.200 757.988
202312 696.528 106.800 735.007
202403 637.638 107.200 670.353
202406 672.327 108.200 700.289
202409 510.901 108.900 528.729
202412 209.401 110.700 213.184
202503 270.003 111.100 273.891
202506 647.917 111.700 653.718
202509 552.902 112.000 556.358
202512 788.705 113.000 786.611
202603 932.875 112.700 932.875

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 1.22 mean?
Unitika (TSE:3103) has a Cyclically Adjusted PB Ratio of 1.22 as of Aug. 05, 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 Unitika and its competitors. This is 107% above median its historical median of 0.59. Over the past decade, Unitika's Cyclically Adjusted PB Ratio has ranged from 0.19 to 4.28. According to the industry distribution chart, Unitika ranks #418 out of 1239 companies in the Chemicals industry, placing it in the top 33.7%.
Is Unitika's Cyclically Adjusted PB Ratio too high?
Unitika's current Cyclically Adjusted PB Ratio of 1.22 is 107% above median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 4.28. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.61. Unitika's value of 1.22 is 24.2% below this industry median. Based on the distribution chart, Unitika ranks #418 out of 1239 companies in the Chemicals industry, which is above the industry midpoint. Overall, Unitika has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Unitika's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Unitika ranks #418 out of 1239 companies for Cyclically Adjusted PB Ratio. This puts Unitika in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.61. Unitika's value of 1.22 is 24.2% below this benchmark. Historically, Unitika's own Cyclically Adjusted PB Ratio has ranged from 0.19 to 4.28 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 1.61, Unitika 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.61, based on 1,239 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. Unitika's current Cyclically Adjusted PB Ratio of 1.22 is 24.2% 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 Unitika and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Unitika's current Cyclically Adjusted PB Ratio is 1.22, which is 107% above median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unitika stock overvalued right now?
Based on GuruFocus' analysis, Unitika (TSE:3103) is currently considered Significantly Overvalued. The stock's GF Value™ is 円192.48, compared to a current price of 円876.00 — trading 355.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.22, which is 107% above median its 10-year median of 0.59 and 24.2% below the Chemicals industry median of 1.61. Unitika's overall GF Score™ is 54/100 with 5 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 Unitika (TSE:3103), the current Cyclically Adjusted PB Ratio is 1.22 as of Aug. 05, 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 Unitika (TSE:3103) Overvalued in 2026?

Based on GuruFocus' analysis, Unitika stock appears to be overvalued. The current stock price of 円876.00 is trading 355.1% above its estimated GF Value™ of 円192.48. GuruFocus considers Unitika to be Significantly Overvalued.

Key valuation signals for TSE:3103:

  • Cyclically Adjusted PB Ratio: 1.22 (107% above median its 10-year median of 0.59)
  • GF Value™: 円192.48 vs. price of 円876.00 (355.1% above fair value)
  • GF Score™: 54/100 with 5 warning signs
  • Industry Position: 24.2% below the Chemicals median (#418 of 1239)

No single metric tells the full story. See the TSE:3103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Unitika Business Description

Other Exchanges UNIKF:USAUTN:Germany
Address 4-1-3 Kyutaro-machi, Chuo-ku, Osaka, JPN, 541-8566
Unitika Ltd is a Japanese based textile manufacturing company. The business area of the company is into three operating areas consisting of polymers, advanced materials and fibers, and textiles. Polymers include film products like nylon and polyester, resins, PVA fiber, nonwoven fabrics and biodegradable plastic materials. Incineration facilities, water treatment facilities, air pollution prevention facilities, chemicals and functional materials like glass fibers, IC cloth, glass beads, and activated carbon fibers are included in the advanced materials domain of the company. The fiber and textile segment includes industrial materials, garments, lifestyle and bedding materials and biomass plastics materials.
54GF Score

Get the complete analysis for TSE:3103

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

円876.00
Price
円192.48
GF Value