Inaba Seisakusho Co (TSE:3421) Cyclically Adjusted PB Ratio: 0.62 (As of Sep. 17, 2026) — Near Median

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TSE:3421 Inaba Seisakusho Co Ltd TSE:3421
76 GF Score
Price 円1,626.00
GF Value 円1,721.99
Valuation Fairly Valued
! 4 Warning Signs
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What is Inaba Seisakusho Co Cyclically Adjusted PB Ratio?

Inaba Seisakusho Co TSE:3421 +0.93% 76 Cyclically Adjusted PB Ratio is 0.62 as of Sep. 17, 2026, which is 6% below its 10-year median of 0.66. GuruFocus rates TSE:3421 with a GF Score™ of 76/100 and a GF Value™ of 円1,721.99 (Fairly Valued). The stock has 4 warning signs investors should review. Among 307 Furnishings, Fixtures & Appliances companies, Inaba Seisakusho Co ranks better than 66.78% on this metric.

As of today (2026-09-17), Inaba Seisakusho Co's current share price is 円1626.00. Inaba Seisakusho Co's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was 円2,620.22. Inaba Seisakusho Co's Cyclically Adjusted PB Ratio for today is 0.62.

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

TSE:3421' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.66   Max: 0.85
Current: 0.65

During the past years, Inaba Seisakusho Co's highest Cyclically Adjusted PB Ratio was 0.85. The lowest was 0.46. And the median was 0.66.

TSE:3421's Cyclically Adjusted PB Ratio is ranked better than
66.78% of 307 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.13 vs TSE:3421: 0.65

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.

Inaba Seisakusho Co's adjusted book value per share data for the three months ended in Apr. 2026 was 円2,823.812. 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2,620.22 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Inaba Seisakusho Co  (TSE:3421) 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.


Inaba Seisakusho Co Cyclically Adjusted PB Ratio Related Terms


Inaba Seisakusho Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Inaba Seisakusho 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.

Inaba Seisakusho Co Cyclically Adjusted PB Ratio Chart

Inaba Seisakusho Co Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25 Jul26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.65 0.69 0.69 0.64

Inaba Seisakusho Co Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 0.70 0.61 0.61 0.63 0.64

TSE:3421 vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Inaba Seisakusho 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.


Inaba Seisakusho Co Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Inaba Seisakusho Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:3421
76GF Score
Inaba Seisakusho Co Ltd TSE:3421
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Inaba Seisakusho 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1626.00/2620.215
=0.62

* 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.

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

For example, Inaba Seisakusho Co's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=2823.812/113.0000*113.0000
=2,823.812

Current CPI (Apr. 2026) = 113.0000.

Inaba Seisakusho Co Quarterly Data

Book Value per Share CPI Adj_Book
201607 2,125.613 97.900 2,453.465
201610 2,115.493 98.600 2,424.449
201701 2,122.554 98.200 2,442.450
201704 2,127.524 98.500 2,440.713
201707 2,143.151 98.300 2,463.643
201710 2,131.938 98.800 2,438.350
201801 2,128.324 99.500 2,417.092
201804 2,133.199 99.100 2,432.407
201807 2,150.292 99.200 2,449.425
201810 2,149.050 100.200 2,423.579
201901 2,163.546 99.700 2,452.163
201904 2,185.048 100.000 2,469.104
201907 2,182.581 99.800 2,471.259
201910 2,185.692 100.400 2,459.992
202001 2,195.469 100.500 2,468.537
202004 2,204.741 100.200 2,486.385
202007 2,234.174 100.000 2,524.617
202010 2,314.501 99.800 2,620.627
202101 2,341.025 99.800 2,650.660
202104 2,376.761 99.100 2,710.131
202107 2,413.779 99.700 2,735.778
202110 2,407.095 99.900 2,722.740
202201 2,410.001 100.300 2,715.156
202204 2,435.043 101.500 2,710.935
202207 2,472.777 102.300 2,731.415
202210 2,494.492 103.700 2,718.202
202301 2,512.199 104.700 2,711.351
202304 2,543.627 105.100 2,734.823
202307 2,574.027 105.700 2,751.798
202310 2,577.066 107.100 2,719.033
202401 2,615.707 106.900 2,764.966
202404 2,663.066 107.700 2,794.118
202407 2,705.240 108.600 2,814.845
202410 2,697.953 109.500 2,784.189
202501 2,702.882 111.200 2,746.634
202504 2,728.180 111.500 2,764.882
202507 2,772.168 111.900 2,799.419
202510 2,772.313 112.800 2,777.228
202601 2,785.752 112.900 2,788.219
202604 2,823.812 113.000 2,823.812

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 0.62 mean?
Inaba Seisakusho Co (TSE:3421) has a Cyclically Adjusted PB Ratio of 0.62 as of Sep. 17, 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 Inaba Seisakusho Co and its competitors. This is near median its historical median of 0.66. Over the past decade, Inaba Seisakusho Co's Cyclically Adjusted PB Ratio has ranged from 0.46 to 0.85. According to the industry distribution chart, Inaba Seisakusho Co ranks #102 out of 307 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 33.2%.
Is Inaba Seisakusho Co's Cyclically Adjusted PB Ratio too high?
Inaba Seisakusho Co's current Cyclically Adjusted PB Ratio of 0.62 is near median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 0.85. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.13. Inaba Seisakusho Co's value of 0.62 is 45.1% below this industry median. Based on the distribution chart, Inaba Seisakusho Co ranks #102 out of 307 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Inaba Seisakusho Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Inaba Seisakusho Co's Cyclically Adjusted PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Inaba Seisakusho Co ranks #102 out of 307 companies for Cyclically Adjusted PB Ratio. This puts Inaba Seisakusho Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.13. Inaba Seisakusho Co's value of 0.62 is 45.1% below this benchmark. Historically, Inaba Seisakusho Co's own Cyclically Adjusted PB Ratio has ranged from 0.46 to 0.85 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 1.13, Inaba Seisakusho 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.13, based on 307 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. Inaba Seisakusho Co's current Cyclically Adjusted PB Ratio of 0.62 is 45.1% 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 Inaba Seisakusho Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inaba Seisakusho Co's current Cyclically Adjusted PB Ratio is 0.62, which is near median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inaba Seisakusho Co stock overvalued right now?
Based on GuruFocus' analysis, Inaba Seisakusho Co (TSE:3421) is currently considered Fairly Valued. The stock's GF Value™ is 円1,721.99, compared to a current price of 円1,626.00 — trading 5.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.62, which is near median its 10-year median of 0.66 and 45.1% below the Furnishings, Fixtures & Appliances industry median of 1.13. Inaba Seisakusho Co's overall GF Score™ is 76/100 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 Inaba Seisakusho Co (TSE:3421), the current Cyclically Adjusted PB Ratio is 0.62 as of Sep. 17, 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 Inaba Seisakusho Co (TSE:3421) Overvalued in 2026?

Based on GuruFocus' analysis, Inaba Seisakusho Co stock appears to be undervalued. The current stock price of 円1,626.00 is trading 5.6% below its estimated GF Value™ of 円1,721.99. GuruFocus considers Inaba Seisakusho Co to be Fairly Valued.

Key valuation signals for TSE:3421:

  • Cyclically Adjusted PB Ratio: 0.62 (near median its 10-year median of 0.66)
  • GF Value™: 円1,721.99 vs. price of 円1,626.00 (5.6% below fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 45.1% below the Furnishings, Fixtures & Appliances median (#102 of 307)

No single metric tells the full story. See the TSE:3421 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Inaba Seisakusho Co Business Description

Address 2-5-25 Yaguchi, Tokyo, JPN, 146-8543
Inaba Seisakusho Co Ltd is a Japan-based company engaged in the business of engineering, manufacturing, selling and supporting of office furniture and steel storage sheds. The company offers varieties of products including desks, meeting tables, office chairs, storage cabinets, outdoor storage sheds, motorbike sheds, and cycle port and many more.
76GF Score

Get the complete analysis for TSE:3421

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

円1,626.00
Price
円1,721.99
GF Value