Morishita Jintan Co (TSE:4524) Cyclically Adjusted PB Ratio: 0.79 (As of Sep. 06, 2026) — Near Median

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TSE:4524 Morishita Jintan Co Ltd TSE:4524
66 GF Score
Price 円2,245.00
GF Value 円2,244.92
Valuation Fairly Valued
! 5 Warning Signs
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What is Morishita Jintan Co Cyclically Adjusted PB Ratio?

Morishita Jintan Co TSE:4524 +0.09% 66 Cyclically Adjusted PB Ratio is 0.79 as of Sep. 06, 2026, which is 6% below its 10-year median of 0.84. GuruFocus rates TSE:4524 with a GF Score™ of 66/100 and a GF Value™ of 円2,244.92 (Fairly Valued). The stock has 5 warning signs investors should review. Among 635 Drug Manufacturers companies, Morishita Jintan Co ranks better than 76.85% on this metric.

As of today (2026-09-06), Morishita Jintan Co's current share price is 円2245.00. Morishita Jintan Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円2,841.46. Morishita Jintan Co's Cyclically Adjusted PB Ratio for today is 0.79.

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

TSE:4524' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.76   Med: 0.84   Max: 1.42
Current: 0.79

During the past years, Morishita Jintan Co's highest Cyclically Adjusted PB Ratio was 1.42. The lowest was 0.76. And the median was 0.84.

TSE:4524's Cyclically Adjusted PB Ratio is ranked better than
76.85% of 635 companies
in the Drug Manufacturers industry
Industry Median: 1.71 vs TSE:4524: 0.79

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.

Morishita Jintan Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円3,165.650. 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2,841.46 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Morishita Jintan Co  (TSE:4524) 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.


Morishita Jintan Co Cyclically Adjusted PB Ratio Related Terms


Morishita Jintan Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Morishita Jintan 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.

Morishita Jintan Co Cyclically Adjusted PB Ratio Chart

Morishita Jintan 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 0.81 0.81 0.94 0.77 0.78

Morishita Jintan Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.76 0.80 0.77 0.78 0.00

TSE:4524 vs ZTS: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Morishita Jintan 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.


Morishita Jintan Co Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Morishita Jintan Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:4524
66GF Score
Morishita Jintan Co Ltd TSE:4524
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Morishita Jintan 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.

Morishita Jintan Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2245.00/2841.46
=0.79

* 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.

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

For example, Morishita Jintan 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)
=3165.65/112.7000*112.7000
=3,165.650

Current CPI (Mar. 2026) = 112.7000.

Morishita Jintan Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 2,214.058 98.100 2,543.571
201603 2,245.329 97.900 2,584.766
201606 2,188.545 98.100 2,514.261
201609 2,205.752 98.000 2,536.615
201612 2,268.191 98.400 2,597.816
201703 2,282.203 98.100 2,621.858
201706 2,284.415 98.500 2,613.742
201709 2,274.828 98.800 2,594.870
201712 2,371.436 99.400 2,688.741
201803 2,408.800 99.200 2,736.610
201806 2,428.466 99.200 2,758.953
201809 2,492.134 99.900 2,811.446
201812 2,401.426 99.700 2,714.551
201903 2,402.262 99.700 2,715.496
201906 2,417.261 99.800 2,729.713
201909 2,469.388 100.100 2,780.220
201912 2,567.986 100.500 2,879.722
202003 2,459.347 100.300 2,763.394
202006 2,478.015 99.900 2,795.518
202009 2,521.493 99.900 2,844.567
202012 2,528.863 99.300 2,870.119
202103 2,520.736 99.900 2,843.713
202106 2,497.914 99.500 2,829.296
202109 2,538.160 100.100 2,857.649
202112 2,516.810 100.100 2,833.611
202203 2,562.883 101.100 2,856.943
202206 2,568.522 101.800 2,843.541
202209 2,654.817 103.100 2,902.016
202212 2,712.920 104.100 2,937.042
202303 2,790.544 104.400 3,012.398
202306 2,906.418 105.200 3,113.625
202309 3,075.943 106.200 3,264.207
202312 2,943.955 106.800 3,106.589
202403 2,971.855 107.200 3,124.329
202409 3,049.866 108.900 3,156.289
202503 2,970.423 111.100 3,013.201
202506 2,927.646 111.700 2,953.856
202509 3,038.302 112.000 3,057.291
202512 3,098.805 113.000 3,090.578
202603 3,165.650 112.700 3,165.650

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 0.79 mean?
Morishita Jintan Co (TSE:4524) has a Cyclically Adjusted PB Ratio of 0.79 as of Sep. 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 Morishita Jintan Co and its competitors. This is near median its historical median of 0.84. Over the past decade, Morishita Jintan Co's Cyclically Adjusted PB Ratio has ranged from 0.76 to 1.42. According to the industry distribution chart, Morishita Jintan Co ranks #147 out of 635 companies in the Drug Manufacturers industry, placing it in the top 23.1%.
Is Morishita Jintan Co's Cyclically Adjusted PB Ratio too high?
Morishita Jintan Co's current Cyclically Adjusted PB Ratio of 0.79 is near median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 1.42. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.71. Morishita Jintan Co's value of 0.79 is 53.8% below this industry median. Based on the distribution chart, Morishita Jintan Co ranks #147 out of 635 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Morishita Jintan Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Morishita Jintan Co's Cyclically Adjusted PB Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Morishita Jintan Co ranks #147 out of 635 companies for Cyclically Adjusted PB Ratio. This places Morishita Jintan Co in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.71. Morishita Jintan Co's value of 0.79 is 53.8% below this benchmark. Historically, Morishita Jintan Co's own Cyclically Adjusted PB Ratio has ranged from 0.76 to 1.42 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 1.71, Morishita Jintan Co 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 Drug Manufacturers company?
The median Cyclically Adjusted PB Ratio among Drug Manufacturers companies is 1.71, based on 635 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. Morishita Jintan Co's current Cyclically Adjusted PB Ratio of 0.79 is 53.8% 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 Morishita Jintan Co and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morishita Jintan Co's current Cyclically Adjusted PB Ratio is 0.79, which is near median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morishita Jintan Co stock overvalued right now?
Based on GuruFocus' analysis, Morishita Jintan Co (TSE:4524) is currently considered Fairly Valued. The stock's GF Value™ is 円2,244.92, compared to a current price of 円2,245.00 — trading 0% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.79, which is near median its 10-year median of 0.84 and 53.8% below the Drug Manufacturers industry median of 1.71. Morishita Jintan Co's overall GF Score™ is 66/100 with 5 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 Morishita Jintan Co (TSE:4524), the current Cyclically Adjusted PB Ratio is 0.79 as of Sep. 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 Morishita Jintan Co (TSE:4524) Overvalued in 2026?

Based on GuruFocus' analysis, Morishita Jintan Co stock appears to be overvalued. The current stock price of 円2,245.00 is trading 0% above its estimated GF Value™ of 円2,244.92. GuruFocus considers Morishita Jintan Co to be Fairly Valued.

Key valuation signals for TSE:4524:

  • Cyclically Adjusted PB Ratio: 0.79 (near median its 10-year median of 0.84)
  • GF Value™: 円2,244.92 vs. price of 円2,245.00 (0% above fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 53.8% below the Drug Manufacturers median (#147 of 635)

No single metric tells the full story. See the TSE:4524 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Morishita Jintan Co Business Description

Address 1-2-40, Tamatsukuri, Chuo-Ku, Osaka-shi, Osaka, JPN, 540-8566
Morishita Jintan Co Ltd is engaged in the manufacturing and sale of pharmaceuticals, quasi-drugs, health foods, medical devices, and food. The company's product offerings include dietary supplements, food drinks, cosmetics, products for medical institutions, functional foods, and others.
66GF Score

Get the complete analysis for TSE:4524

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

円2,245.00
Price
円2,244.92
GF Value