Fuso Chemical Co (TSE:4368) Cyclically Adjusted PB Ratio: 5.37 (As of Aug. 06, 2026) — 89% Above Median

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TSE:4368 Fuso Chemical Co Ltd TSE:4368
83 GF Score
Price 円3,975.00
GF Value 円1,761.91
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Fuso Chemical Co Cyclically Adjusted PB Ratio?

Fuso Chemical Co TSE:4368 -6.58% 83 Cyclically Adjusted PB Ratio is 5.37 as of Aug. 06, 2026, which is 89% above its 10-year median of 2.84. GuruFocus rates TSE:4368 with a GF Score™ of 83/100 and a GF Value™ of 円1,761.91 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,239 Chemicals companies, Fuso Chemical Co ranks worse than 86.36% on this metric.

As of today (2026-08-06), Fuso Chemical Co's current share price is 円3975.00. Fuso Chemical Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円739.75. Fuso Chemical Co's Cyclically Adjusted PB Ratio for today is 5.37.

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

TSE:4368' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.62   Med: 2.84   Max: 6.27
Current: 5.32

During the past years, Fuso Chemical Co's highest Cyclically Adjusted PB Ratio was 6.27. The lowest was 1.62. And the median was 2.84.

TSE:4368's Cyclically Adjusted PB Ratio is ranked worse than
86.36% of 1239 companies
in the Chemicals industry
Industry Median: 1.61 vs TSE:4368: 5.32

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.

Fuso Chemical Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,107.952. 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739.75 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fuso Chemical Co  (TSE:4368) 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.


Fuso Chemical Co Cyclically Adjusted PB Ratio Related Terms


Fuso Chemical Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fuso Chemical 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.

Fuso Chemical Co Cyclically Adjusted PB Ratio Chart

Fuso Chemical 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 3.40 2.46 2.63 1.72 3.69

Fuso Chemical Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.72 1.88 2.33 2.93 3.69

TSE:4368 vs DOW: Cyclically Adjusted PB Ratio Comparison

For the Chemicals subindustry, Fuso Chemical 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.


Fuso Chemical Co Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


TSE:4368
83GF Score
Fuso Chemical Co Ltd TSE:4368
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fuso Chemical 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.

Fuso Chemical Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3975.00/739.75
=5.37

* 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.

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

For example, Fuso Chemical Co'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)
=1107.952/112.7000*112.7000
=1,107.952

Current CPI (Mar. 2026) = 112.7000.

Fuso Chemical Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 373.383 98.100 428.953
201609 386.329 98.000 444.278
201612 410.347 98.400 469.981
201703 423.929 98.100 487.021
201706 434.905 98.500 497.602
201709 453.821 98.800 517.668
201712 466.674 99.400 529.116
201803 470.737 99.200 534.799
201806 481.277 99.200 546.773
201809 501.266 99.900 565.492
201812 505.488 99.700 571.399
201903 519.593 99.700 587.343
201906 520.925 99.800 588.259
201909 535.805 100.100 603.249
201912 548.605 100.500 615.202
202003 566.038 100.300 636.017
202006 572.742 99.900 646.126
202009 587.773 99.900 663.083
202012 596.553 99.300 677.055
202103 621.247 99.900 700.846
202106 633.881 99.500 717.974
202109 650.980 100.100 732.922
202112 672.787 100.100 757.473
202203 712.216 101.100 793.934
202206 754.083 101.800 834.825
202209 784.543 103.100 857.595
202212 796.236 104.100 862.015
202303 827.599 104.400 893.395
202306 847.500 105.200 907.921
202309 868.271 106.200 921.414
202312 868.960 106.800 916.964
202403 898.590 107.200 944.693
202406 923.360 108.200 961.762
202409 934.711 108.900 967.327
202412 969.475 110.700 986.990
202503 983.719 111.100 997.886
202506 996.947 111.700 1,005.872
202509 1,037.725 112.000 1,044.211
202512 1,069.442 113.000 1,066.603
202603 1,107.952 112.700 1,107.952

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 5.37 mean?
Fuso Chemical Co (TSE:4368) has a Cyclically Adjusted PB Ratio of 5.37 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 Fuso Chemical Co and its competitors. This is 89% above median its historical median of 2.84. Over the past decade, Fuso Chemical Co's Cyclically Adjusted PB Ratio has ranged from 1.62 to 6.27. According to the industry distribution chart, Fuso Chemical Co ranks #1070 out of 1239 companies in the Chemicals industry, placing it in the top 86.4%.
Is Fuso Chemical Co's Cyclically Adjusted PB Ratio too high?
Fuso Chemical Co's current Cyclically Adjusted PB Ratio of 5.37 is 89% above median its 10-year median of 2.84. Over the past 10 years, this metric has ranged from a low of 1.62 to a high of 6.27. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.61. Fuso Chemical Co's value of 5.37 is 233.5% above this industry median. Based on the distribution chart, Fuso Chemical Co ranks #1070 out of 1239 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Fuso Chemical Co has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fuso Chemical Co's Cyclically Adjusted PB Ratio compare to DOW?
According to the Chemicals industry distribution chart, Fuso Chemical Co ranks #1070 out of 1239 companies for Cyclically Adjusted PB Ratio. This places Fuso Chemical Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.61. Fuso Chemical Co's value of 5.37 is 233.5% above this benchmark. Historically, Fuso Chemical Co's own Cyclically Adjusted PB Ratio has ranged from 1.62 to 6.27 over the past decade. While the company's 10-year median is 2.84 vs. the industry median of 1.61, Fuso Chemical Co 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. Fuso Chemical Co's current Cyclically Adjusted PB Ratio of 5.37 is 233.5% 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 Fuso Chemical Co 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. Fuso Chemical Co's current Cyclically Adjusted PB Ratio is 5.37, which is 89% above median its own 10-year median of 2.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuso Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Fuso Chemical Co (TSE:4368) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,761.91, compared to a current price of 円3,975.00 — trading 125.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.37, which is 89% above median its 10-year median of 2.84 and 233.5% above the Chemicals industry median of 1.61. Fuso Chemical Co's overall GF Score™ is 83/100 with 3 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 Fuso Chemical Co (TSE:4368), the current Cyclically Adjusted PB Ratio is 5.37 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 Fuso Chemical Co (TSE:4368) Overvalued in 2026?

Based on GuruFocus' analysis, Fuso Chemical Co stock appears to be overvalued. The current stock price of 円3,975.00 is trading 125.6% above its estimated GF Value™ of 円1,761.91. GuruFocus considers Fuso Chemical Co to be Significantly Overvalued.

Key valuation signals for TSE:4368:

  • Cyclically Adjusted PB Ratio: 5.37 (89% above median its 10-year median of 2.84)
  • GF Value™: 円1,761.91 vs. price of 円3,975.00 (125.6% above fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 233.5% above the Chemicals median (#1070 of 1239)

No single metric tells the full story. See the TSE:4368 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fuso Chemical Co Business Description

Address 4-10-3 Koraibashi, Nissei Fushimicho Building New Building 5th Floor, Chuo-ku, Osaka, JPN, 541-0043
Fuso Chemical Co Ltd is a Japan-based company which is mainly engaged in the life science business and the electronic material and functional chemical business. It is involved in the manufacturing and selling of fruit acids, including apple acids, gluconic acid and citric acids, as well as application development products. It also provides electronic materials, including high-purity spherical silica; functional chemicals, including plastic, paint additives and resin additives, as well as fine chemicals.
83GF Score

Get the complete analysis for TSE:4368

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

円3,975.00
Price
円1,761.91
GF Value