Stella Chemifa (TSE:4109) Cyclically Adjusted PB Ratio: 1.67 (As of Aug. 22, 2026) — 20% Above Median

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TSE:4109 Stella Chemifa Corp TSE:4109
82 GF Score
Price 円5,500.00
GF Value 円4,508.04
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Stella Chemifa Cyclically Adjusted PB Ratio?

Stella Chemifa TSE:4109 +1.29% 82 Cyclically Adjusted PB Ratio is 1.67 as of Aug. 22, 2026, which is 20% above its 10-year median of 1.39. GuruFocus rates TSE:4109 with a GF Score™ of 82/100 and a GF Value™ of 円4,508.04 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,160 Chemicals companies, Stella Chemifa ranks worse than 51.81% on this metric.

As of today (2026-08-22), Stella Chemifa's current share price is 円5500.00. Stella Chemifa's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円3,289.54. Stella Chemifa's Cyclically Adjusted PB Ratio for today is 1.67.

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

TSE:4109' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.39   Max: 3.07
Current: 1.73

During the past years, Stella Chemifa's highest Cyclically Adjusted PB Ratio was 3.07. The lowest was 0.98. And the median was 1.39.

TSE:4109's Cyclically Adjusted PB Ratio is ranked worse than
51.81% of 1160 companies
in the Chemicals industry
Industry Median: 1.68 vs TSE:4109: 1.73

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.

Stella Chemifa's adjusted book value per share data for the three months ended in Mar. 2026 was 円3,917.991. 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3,289.54 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stella Chemifa  (TSE:4109) 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.


Stella Chemifa Cyclically Adjusted PB Ratio Related Terms


Stella Chemifa Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Stella Chemifa'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.

Stella Chemifa Cyclically Adjusted PB Ratio Chart

Stella Chemifa 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 1.12 1.03 1.32 1.25 1.46

Stella Chemifa 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 1.25 1.28 1.35 1.46 0.00

TSE:4109 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Stella Chemifa'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.


Stella Chemifa Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


TSE:4109
82GF Score
Stella Chemifa Corp TSE:4109
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Stella Chemifa 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.

Stella Chemifa's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5500.00/3289.54
=1.67

* 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.

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

For example, Stella Chemifa'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)
=3917.991/112.7000*112.7000
=3,917.991

Current CPI (Mar. 2026) = 112.7000.

Stella Chemifa Quarterly Data

Book Value per Share CPI Adj_Book
201606 2,063.505 98.100 2,370.612
201609 2,097.750 98.000 2,412.413
201612 2,197.250 98.400 2,516.566
201703 2,282.022 98.100 2,621.650
201706 2,293.238 98.500 2,623.837
201709 2,406.567 98.800 2,745.143
201712 2,424.766 99.400 2,749.207
201803 2,418.570 99.200 2,747.710
201806 2,430.109 99.200 2,760.819
201809 2,498.258 99.900 2,818.355
201812 2,520.251 99.700 2,848.869
201903 2,542.167 99.700 2,873.643
201906 2,553.163 99.800 2,883.181
201909 2,551.727 100.100 2,872.923
201912 2,561.019 100.500 2,871.909
202003 2,637.835 100.300 2,963.948
202006 2,636.725 99.900 2,974.564
202009 2,686.359 99.900 3,030.557
202012 2,747.074 99.300 3,117.777
202103 2,830.420 99.900 3,193.076
202106 3,014.437 99.500 3,414.342
202109 3,102.856 100.100 3,493.425
202112 3,191.466 100.100 3,593.189
202203 3,373.661 101.100 3,760.748
202206 3,475.547 101.800 3,847.683
202209 3,675.205 103.100 4,017.416
202212 3,550.025 104.100 3,843.303
202303 3,572.665 104.400 3,856.699
202306 3,614.566 105.200 3,872.258
202309 3,677.502 106.200 3,902.585
202312 3,705.105 106.800 3,909.788
202403 3,679.747 107.200 3,868.540
202406 0.000 108.200 0.000
202409 3,802.292 108.900 3,934.971
202412 3,748.713 110.700 3,816.440
202503 3,791.494 111.100 3,846.097
202506 3,743.370 111.700 3,776.883
202509 3,809.173 112.000 3,832.980
202512 3,799.949 113.000 3,789.861
202603 3,917.991 112.700 3,917.991

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 1.67 mean?
Stella Chemifa (TSE:4109) has a Cyclically Adjusted PB Ratio of 1.67 as of Aug. 22, 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 Stella Chemifa and its competitors. This is 20% above median its historical median of 1.39. Over the past decade, Stella Chemifa's Cyclically Adjusted PB Ratio has ranged from 0.98 to 3.07. According to the industry distribution chart, Stella Chemifa ranks #601 out of 1160 companies in the Chemicals industry, placing it in the top 51.8%.
Is Stella Chemifa's Cyclically Adjusted PB Ratio too high?
Stella Chemifa's current Cyclically Adjusted PB Ratio of 1.67 is 20% above median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 3.07. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.68. Stella Chemifa's value of 1.67 is 0.6% below this industry median. Based on the distribution chart, Stella Chemifa ranks #601 out of 1160 companies in the Chemicals industry, which is below the industry midpoint. Overall, Stella Chemifa has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Stella Chemifa's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Stella Chemifa ranks #601 out of 1160 companies for Cyclically Adjusted PB Ratio. This places Stella Chemifa in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.68. Stella Chemifa's value of 1.67 is 0.6% below this benchmark. Historically, Stella Chemifa's own Cyclically Adjusted PB Ratio has ranged from 0.98 to 3.07 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 1.68, Stella Chemifa 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 1.68, based on 1,160 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. Stella Chemifa's current Cyclically Adjusted PB Ratio of 1.67 is 0.6% 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 Stella Chemifa and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stella Chemifa's current Cyclically Adjusted PB Ratio is 1.67, which is 20% above median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stella Chemifa stock overvalued right now?
Based on GuruFocus' analysis, Stella Chemifa (TSE:4109) is currently considered Modestly Overvalued. The stock's GF Value™ is 円4,508.04, compared to a current price of 円5,500.00 — trading 22% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.67, which is 20% above median its 10-year median of 1.39 and 0.6% below the Chemicals industry median of 1.68. Stella Chemifa's overall GF Score™ is 82/100 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 Stella Chemifa (TSE:4109), the current Cyclically Adjusted PB Ratio is 1.67 as of Aug. 22, 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 Stella Chemifa (TSE:4109) Overvalued in 2026?

Based on GuruFocus' analysis, Stella Chemifa stock appears to be overvalued. The current stock price of 円5,500.00 is trading 22% above its estimated GF Value™ of 円4,508.04. GuruFocus considers Stella Chemifa to be Modestly Overvalued.

Key valuation signals for TSE:4109:

  • Cyclically Adjusted PB Ratio: 1.67 (20% above median its 10-year median of 1.39)
  • GF Value™: 円4,508.04 vs. price of 円5,500.00 (22% above fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 0.6% below the Chemicals median (#601 of 1160)

No single metric tells the full story. See the TSE:4109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Stella Chemifa Business Description

Other Exchanges SLO:Germany
Address NM Plaza Midosuji 3F, 3-6-3 Awaji–machi, Chuo-ku, Osaka, JPN, 541-0047
Stella Chemifa Corp engages in the manufacture, supply, and sale of high-purity chemicals. Its operations are carried out through the following segments: High-Purity Chemicals, Transportation, Medical, Cosmetics, Energy Management and Other. The High-Purity Chemicals unit deals with the production and sale of high-purity chemicals. Transportation services handle the transport, storage, and customs duties of chemicals. The Medical unit manages pharmaceutical research. Additionally, the firm is involved in the sale of cosmetics, dealing with network related equipment and software development, insurance agency, automobile maintenance, energy maintenance system, and Moonlight (phosphorescent products) businesses.
82GF Score

Get the complete analysis for TSE:4109

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

円5,500.00
Price
円4,508.04
GF Value