Daiichinkyo Co (TSE:4568) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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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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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:4568 Daiichi Sankyo Co Ltd TSE:4568
79 GF Score
Price 円2,953.50
GF Value 円4,921.99
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Daiichinkyo Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Daiichinkyo Co  (TSE:4568) 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.


Daiichinkyo Co Cyclically Adjusted PB Ratio Related Terms


Daiichinkyo Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Daiichinkyo 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.

Daiichinkyo Co Cyclically Adjusted PB Ratio Chart

Daiichinkyo 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 4.36 7.29 6.67 4.64 3.50

Daiichinkyo 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 4.41 4.30 4.28 3.52 3.27

TSE:4568 vs LLY, JNJ, ABBV: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - General subindustry, Daiichinkyo 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.


Daiichinkyo Co Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

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

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


TSE:4568
79GF Score
Daiichi Sankyo Co Ltd TSE:4568
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daiichinkyo 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.

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

For example, Daiichinkyo 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)
=935.36/113.6000*113.6000
=935.360

Current CPI (Jun. 2026) = 113.6000.

Daiichinkyo Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 579.471 98.000 671.713
201612 616.456 98.400 711.681
201703 588.750 98.100 681.774
201706 596.118 98.500 687.503
201709 602.935 98.800 693.253
201712 610.502 99.400 697.717
201803 583.138 99.200 667.787
201806 623.542 99.200 714.056
201809 642.199 99.900 730.268
201812 635.449 99.700 724.042
201903 642.964 99.700 732.605
201906 645.640 99.800 734.917
201909 654.866 100.100 743.185
201912 684.343 100.500 773.546
202003 671.880 100.300 760.973
202006 676.673 99.900 769.470
202009 685.539 99.900 779.552
202012 667.730 99.300 763.888
202103 663.853 99.900 754.892
202106 667.960 99.500 762.616
202109 684.620 100.100 776.951
202112 694.529 100.100 788.197
202203 704.759 101.100 791.895
202206 730.495 101.800 815.169
202209 765.323 103.100 843.266
202212 737.716 104.100 805.039
202303 754.092 104.400 820.545
202306 797.906 105.200 861.617
202309 831.312 106.200 889.238
202312 827.719 106.800 880.420
202403 880.629 107.200 933.204
202406 901.375 108.200 946.360
202409 855.858 108.900 892.796
202412 863.617 110.700 886.241
202503 869.693 111.100 889.263
202506 852.842 111.700 867.349
202509 892.840 112.000 905.595
202512 924.093 113.000 929.000
202603 925.469 112.700 932.860
202606 935.360 113.600 935.360

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 Daiichinkyo Co (TSE:4568) Overvalued in 2026?

Based on GuruFocus' analysis, Daiichinkyo Co stock appears to be undervalued. The current stock price of 円2,953.50 is trading 40% below its estimated GF Value™ of 円4,921.99. GuruFocus considers Daiichinkyo Co to be Significantly Undervalued.

Key valuation signals for TSE:4568:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円4,921.99 vs. price of 円2,953.50 (40% below fair value)
  • GF Score™: 79/100 with 3 warning signs

No single metric tells the full story. See the TSE:4568 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daiichinkyo Co Business Description

Address 3-5-1, Nihonbashi-Honcho, Chuo-ku, Tokyo, JPN, 103-8426
Daiichi Sankyo was established by the merger of Daiichi Pharmaceuticals and Sankyo in 2005. As of 2024, approximately one quarter of revenue comes from its Japan businesses, which will shrink in the future as the company expands its global footprint. Its primary growth driver is its leading platform of antibody drug conjugates, or ADCs. Its lead ADCs are Enhertu (HER2), Datroway (TROP2), I-DXd (B7-H3), HER3-DXd (HER3), and R-DXd (CDH6). Enhertu was first approved in the US in December 2019, and Datroway was first approved in January 2025.
79GF Score

Get the complete analysis for TSE:4568

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

円2,953.50
Price
円4,921.99
GF Value