Tigers Polymer (TSE:4231) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:4231 Tigers Polymer Corp TSE:4231
72 GF Score
Price 円1,030.00
GF Value 円896.14
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Tigers Polymer Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tigers Polymer  (TSE:4231) 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.


Tigers Polymer Cyclically Adjusted PB Ratio Related Terms


Tigers Polymer Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tigers Polymer'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.

Tigers Polymer Cyclically Adjusted PB Ratio Chart

Tigers Polymer 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 0.31 0.28 0.68 0.38 0.50

Tigers Polymer 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 0.43 0.54 0.52 0.51 0.50

TSE:4231 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Tigers Polymer'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.


Tigers Polymer Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


TSE:4231
72GF Score
Tigers Polymer Corp TSE:4231
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tigers Polymer 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.

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

For example, Tigers Polymer'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)
=2619.703/113.6000*113.6000
=2,619.703

Current CPI (Jun. 2026) = 113.6000.

Tigers Polymer Quarterly Data

Book Value per Share CPI Adj_Book
201609 1,273.658 98.000 1,476.404
201612 1,305.291 98.400 1,506.921
201703 1,423.124 98.100 1,647.980
201706 1,433.246 98.500 1,652.962
201709 1,476.234 98.800 1,697.370
201712 1,534.098 99.400 1,753.255
201803 1,547.152 99.200 1,771.739
201806 1,531.451 99.200 1,753.758
201809 1,569.040 99.900 1,784.214
201812 1,579.554 99.700 1,799.773
201903 1,576.085 99.700 1,795.820
201906 1,594.771 99.800 1,815.290
201909 1,580.669 100.100 1,793.846
201912 1,582.069 100.500 1,788.289
202003 1,554.243 100.300 1,760.339
202006 1,520.556 99.900 1,729.081
202009 1,513.454 99.900 1,721.005
202012 1,540.262 99.300 1,762.072
202103 1,578.250 99.900 1,794.687
202106 1,623.514 99.500 1,853.580
202109 1,641.094 100.100 1,862.420
202112 1,648.316 100.100 1,870.616
202203 1,692.078 101.100 1,901.286
202206 1,744.694 101.800 1,946.928
202209 1,832.070 103.100 2,018.653
202212 1,884.627 104.100 2,056.615
202303 1,855.983 104.400 2,019.537
202306 1,913.140 105.200 2,065.900
202309 2,060.499 106.200 2,204.074
202312 2,134.471 106.800 2,270.374
202403 2,124.502 107.200 2,251.338
202406 2,204.243 108.200 2,314.251
202409 2,294.932 108.900 2,393.979
202412 2,182.679 110.700 2,239.858
202503 2,378.664 111.100 2,432.189
202506 2,313.978 111.700 2,353.338
202509 2,343.400 112.000 2,376.877
202512 2,419.868 113.000 2,432.717
202603 2,553.179 112.700 2,573.568
202606 2,619.703 113.600 2,619.703

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 Tigers Polymer (TSE:4231) Overvalued in 2026?

Based on GuruFocus' analysis, Tigers Polymer stock appears to be overvalued. The current stock price of 円1,030.00 is trading 14.9% above its estimated GF Value™ of 円896.14. GuruFocus considers Tigers Polymer to be Modestly Overvalued.

Key valuation signals for TSE:4231:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円896.14 vs. price of 円1,030.00 (14.9% above fair value)
  • GF Score™: 72/100 with 2 warning signs

No single metric tells the full story. See the TSE:4231 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tigers Polymer Business Description

Address 4-1, 1-chome, Shinsenri Higashi-machi, Toyonaka, Osaka, JPN, 560-0082
Tigers Polymer Corp is engaged in the manufacture of various parts and parts materials of the same type and series. Its segments include Hose manufacturers and sellers of hoses for home appliances (hoses for vacuum cleaners, washing machines, and air conditioners) and industrial hoses; rubber sheets are used for packing materials, cushioning materials, and mats, mainly for entrances.
72GF Score

Get the complete analysis for TSE:4231

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

円1,030.00
Price
円896.14
GF Value