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Rasa IndustriesTSE:4022 -5.63%73 Cyclically Adjusted PB Ratio is 4.30 as of Aug. 06, 2026, which is 231% above its 10-year median of 1.30. GuruFocus rates TSE:4022 with a GF Score™ of 73/100 and a GF Value™ of 円609.84 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,239 Chemicals companies, Rasa Industries ranks worse than 78.77% on this metric.
The historical rank and industry rank for Rasa Industries's Cyclically Adjusted PB Ratio or its related term are showing as below:
TSE:4022'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.86 Med: 1.3 Max: 4.43
Current: 3.63
During the past years, Rasa Industries's highest Cyclically Adjusted PB Ratio was 4.43. The lowest was 0.86. And the median was 1.30.
TSE:4022's Cyclically Adjusted PB Ratio is ranked worse than 78.77% of 1239
companies
in the Chemicals industry
Industry Median: 1.61
vs TSE:4022: 3.63
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.
Rasa Industries's adjusted book value per share data for the three months ended in Mar. 2026 was 円815.110. 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518.94 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Rasa Industries (TSE:4022) 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.
Rasa Industries Cyclically Adjusted PB Ratio Related Terms
Rasa Industries Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Rasa Industries'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.
Rasa Industries Cyclically Adjusted PB Ratio Chart
TSE:4022 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison
For the Specialty Chemicals subindustry, Rasa Industries'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.
Rasa Industries Cyclically Adjusted PB Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Rasa Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Rasa Industries's Cyclically Adjusted PB Ratio falls into.
Rasa Industries 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.
Rasa Industries's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 4.30 mean?
Rasa Industries (TSE:4022) has a Cyclically Adjusted PB Ratio of 4.30 as of Aug. 06, 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 Rasa Industries and its competitors. This is 231% above median its historical median of 1.30. Over the past decade, Rasa Industries' Cyclically Adjusted PB Ratio has ranged from 0.86 to 4.43. According to the industry distribution chart, Rasa Industries ranks #976 out of 1239 companies in the Chemicals industry, placing it in the top 78.8%.
Is Rasa Industries' Cyclically Adjusted PB Ratio too high?
Rasa Industries' current Cyclically Adjusted PB Ratio of 4.30 is 231% above median its 10-year median of 1.30. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 4.43. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.61. Rasa Industries' value of 4.30 is 167.1% above this industry median. Based on the distribution chart, Rasa Industries ranks #976 out of 1239 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Rasa Industries has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rasa Industries' Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Rasa Industries ranks #976 out of 1239 companies for Cyclically Adjusted PB Ratio. This places Rasa Industries in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.61. Rasa Industries' value of 4.30 is 167.1% above this benchmark. Historically, Rasa Industries' own Cyclically Adjusted PB Ratio has ranged from 0.86 to 4.43 over the past decade. While the company's 10-year median is 1.30 vs. the industry median of 1.61, Rasa Industries 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 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. Rasa Industries's current Cyclically Adjusted PB Ratio of 4.30 is 167.1% 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 Rasa Industries 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. Rasa Industries's current Cyclically Adjusted PB Ratio is 4.30, which is 231% above median its own 10-year median of 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rasa Industries stock overvalued right now?
Based on GuruFocus' analysis, Rasa Industries (TSE:4022) is currently considered Significantly Overvalued. The stock's GF Value™ is 円609.84, compared to a current price of 円2,229.00 — trading 265.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.30, which is 231% above median its 10-year median of 1.30 and 167.1% above the Chemicals industry median of 1.61. Rasa Industries' overall GF Score™ is 73/100 with 1 warning sign 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 Rasa Industries (TSE:4022), the current Cyclically Adjusted PB Ratio is 4.30 as of Aug. 06, 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 Rasa Industries (TSE:4022) Overvalued in 2026?
Based on GuruFocus' analysis, Rasa Industries stock appears to be overvalued.
The current stock price of 円2,229.00 is trading 265.5% above its estimated GF Value™ of 円609.84.
GuruFocus considers Rasa Industries to be Significantly Overvalued.
Key valuation signals for TSE:4022:
Cyclically Adjusted PB Ratio: 4.30 (231% above median its 10-year median of 1.30)
GF Value™: 円609.84 vs. price of 円2,229.00 (265.5% above fair value)
Industry Position: 167.1% above the Chemicals median (#976 of 1239)
No single metric tells the full story. See the TSE:4022 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rasa Industries Ltd is engaged in the chemicals, machinery, and electronic materials business. The chemicals division manufactures and sells basic chemicals based on phosphorus-based products. The machinery division provides various machines such as drilling, crushing, and sorting, and the Electronic materials division is engaged in the development of the electronics industry by supplying high-purity inorganic materials that are raw materials for compound semiconductors, as well as resist strippers and coating agents used in semiconductor and liquid crystal panel manufacturing processes.
73GF Score
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