Central Glass Co (TSE:4044) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSE:4044 Central Glass Co Ltd TSE:4044
77 GF Score
Price 円4,530.00
GF Value 円3,418.32
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Central Glass Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Central Glass Co  (TSE:4044) 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.


Central Glass Co Cyclically Adjusted PB Ratio Related Terms


Central Glass Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Central Glass 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.

Central Glass Co Cyclically Adjusted PB Ratio Chart

Central Glass 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 0.54 0.71 0.66 0.71 0.84

Central Glass Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 0.64 0.70 0.74 0.84 0.93

TSE:4044 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Central Glass 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.


Central Glass Co Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


TSE:4044
77GF Score
Central Glass Co Ltd TSE:4044
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Central Glass 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.

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

For example, Central Glass Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=5344.525/113.6000*113.6000
=5,344.525

Current CPI (Jun. 2026) = 113.6000.

Central Glass Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 3,818.244 98.000 4,426.046
201612 4,011.937 98.400 4,631.667
201703 4,227.729 98.100 4,895.719
201706 4,292.868 98.500 4,950.962
201709 4,386.340 98.800 5,043.403
201712 4,459.545 99.400 5,096.623
201803 4,339.442 99.200 4,969.361
201806 4,297.397 99.200 4,921.213
201809 4,441.321 99.900 5,050.391
201812 4,174.091 99.700 4,756.035
201903 4,174.133 99.700 4,756.083
201906 4,124.785 99.800 4,695.146
201909 4,098.849 100.100 4,651.641
201912 4,136.507 100.500 4,675.693
202003 4,060.777 100.300 4,599.245
202006 4,094.077 99.900 4,655.527
202009 4,062.504 99.900 4,619.624
202012 4,095.317 99.300 4,685.076
202103 4,178.127 99.900 4,751.103
202106 4,222.081 99.500 4,820.386
202109 4,306.040 100.100 4,886.775
202112 4,270.697 100.100 4,846.665
202203 3,213.984 101.100 3,611.361
202206 3,338.398 101.800 3,725.364
202209 3,548.363 103.100 3,909.738
202212 3,697.364 104.100 4,034.780
202303 4,352.704 104.400 4,736.276
202306 4,437.911 105.200 4,792.269
202309 4,633.594 106.200 4,956.462
202312 4,711.833 106.800 5,011.837
202403 4,844.592 107.200 5,133.821
202406 4,909.320 108.200 5,154.332
202409 4,902.323 108.900 5,113.902
202412 4,882.319 110.700 5,010.221
202503 4,884.648 111.100 4,994.564
202506 4,765.218 111.700 4,846.274
202509 4,887.347 112.000 4,957.166
202512 5,000.021 113.000 5,026.570
202603 5,171.343 112.700 5,212.640
202606 5,344.525 113.600 5,344.525

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.

Is Central Glass Co (TSE:4044) Overvalued in 2026?

Based on GuruFocus' analysis, Central Glass Co stock appears to be overvalued. The current stock price of 円4,530.00 is trading 32.5% above its estimated GF Value™ of 円3,418.32. GuruFocus considers Central Glass Co to be Significantly Overvalued.

Key valuation signals for TSE:4044:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円3,418.32 vs. price of 円4,530.00 (32.5% above fair value)
  • GF Score™: 77/100 with 5 warning signs

No single metric tells the full story. See the TSE:4044 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Central Glass Co Business Description

Address 7-1 Kanda-Nishikicho 3-chome, Kowa-Hitotsubashi Building, Chiyoda-ku, Tokyo, JPN, 101-0054
Central Glass Co Ltd manufactures and sells a variety of chemicals and glass-based products. The firm's two segments are based on product type. The glass segment, which generates the majority of revenue, sells architectural glass used in windows and other building components, automotive glass, and glass used in electronics for touchscreen panels and liquid-crystal display screens. The chemicals segment sells hydrogen fluoride used to make electronics and pharmaceuticals, fertilizers, soda ash and chloride used in water treatment and refrigerants, and glass fiber products. The majority of revenue comes from Japan and North America.
77GF Score

Get the complete analysis for TSE:4044

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

円4,530.00
Price
円3,418.32
GF Value