Nihon Tokushu Toryo Co (TSE:4619) Cyclically Adjusted PB Ratio: 1.20 (As of Aug. 13, 2026) — 74% Above Median

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TSE:4619 Nihon Tokushu Toryo Co Ltd TSE:4619
64 GF Score
Price 円2,654.00
GF Value 円1,299.50
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Nihon Tokushu Toryo Co Cyclically Adjusted PB Ratio?

Nihon Tokushu Toryo Co TSE:4619 -1.99% 64 Cyclically Adjusted PB Ratio is 1.20 as of Aug. 13, 2026, which is 74% above its 10-year median of 0.69. GuruFocus rates TSE:4619 with a GF Score™ of 64/100 and a GF Value™ of 円1,299.50 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 992 Vehicles & Parts companies, Nihon Tokushu Toryo Co ranks better than 54.54% on this metric.

As of today (2026-08-13), Nihon Tokushu Toryo Co's current share price is 円2654.00. Nihon Tokushu Toryo Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円2,217.23. Nihon Tokushu Toryo Co's Cyclically Adjusted PB Ratio for today is 1.20.

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

TSE:4619' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.69   Max: 2.16
Current: 1.14

During the past years, Nihon Tokushu Toryo Co's highest Cyclically Adjusted PB Ratio was 2.16. The lowest was 0.49. And the median was 0.69.

TSE:4619's Cyclically Adjusted PB Ratio is ranked better than
54.54% of 992 companies
in the Vehicles & Parts industry
Industry Median: 1.265 vs TSE:4619: 1.14

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.

Nihon Tokushu Toryo Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円2,828.809. 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2,217.23 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nihon Tokushu Toryo Co  (TSE:4619) 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.


Nihon Tokushu Toryo Co Cyclically Adjusted PB Ratio Related Terms


Nihon Tokushu Toryo Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nihon Tokushu Toryo 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.

Nihon Tokushu Toryo Co Cyclically Adjusted PB Ratio Chart

Nihon Tokushu Toryo 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 0.53 0.54 0.77 0.71 0.98

Nihon Tokushu Toryo Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.71 0.94 0.98 1.06 0.98

TSE:4619 vs ORLY, AZO: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Nihon Tokushu Toryo 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.


Nihon Tokushu Toryo Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nihon Tokushu Toryo Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:4619
64GF Score
Nihon Tokushu Toryo Co Ltd TSE:4619
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nihon Tokushu Toryo 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.

Nihon Tokushu Toryo Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2654.00/2217.23
=1.20

* 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.

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

For example, Nihon Tokushu Toryo 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)
=2828.809/112.7000*112.7000
=2,828.809

Current CPI (Mar. 2026) = 112.7000.

Nihon Tokushu Toryo Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 1,470.218 97.900 1,692.478
201606 1,474.063 98.100 1,693.444
201609 1,483.967 98.000 1,706.562
201612 1,542.942 98.400 1,767.170
201703 1,662.641 98.100 1,910.088
201706 1,682.813 98.500 1,925.411
201709 1,741.836 98.800 1,986.892
201712 1,808.955 99.400 2,050.998
201803 1,820.028 99.200 2,067.713
201806 1,793.433 99.200 2,037.499
201809 1,812.636 99.900 2,044.886
201812 1,806.164 99.700 2,041.672
201903 1,828.669 99.700 2,067.111
201906 1,848.796 99.800 2,087.769
201909 1,871.558 100.100 2,107.139
201912 1,894.230 100.500 2,124.176
202003 1,860.596 100.300 2,090.620
202006 1,817.294 99.900 2,050.140
202009 1,840.240 99.900 2,076.027
202012 1,885.814 99.300 2,140.294
202103 1,961.069 99.900 2,212.337
202106 1,998.295 99.500 2,263.395
202109 2,000.599 100.100 2,252.423
202112 2,000.230 100.100 2,252.007
202203 2,037.983 101.100 2,271.817
202206 2,053.913 101.800 2,273.831
202209 2,105.893 103.100 2,301.980
202212 2,124.033 104.100 2,299.505
202303 2,124.988 104.400 2,293.929
202306 2,194.222 105.200 2,350.654
202309 2,294.737 106.200 2,435.187
202312 2,369.675 106.800 2,500.584
202403 2,455.599 107.200 2,581.586
202406 2,511.750 108.200 2,616.213
202409 2,554.866 108.900 2,644.017
202503 2,641.458 111.100 2,679.499
202506 2,588.314 111.700 2,611.486
202509 2,649.522 112.000 2,666.082
202512 2,728.337 113.000 2,721.094
202603 2,828.809 112.700 2,828.809

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 1.20 mean?
Nihon Tokushu Toryo Co (TSE:4619) has a Cyclically Adjusted PB Ratio of 1.20 as of Aug. 13, 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 Nihon Tokushu Toryo Co and its competitors. This is 74% above median its historical median of 0.69. Over the past decade, Nihon Tokushu Toryo Co's Cyclically Adjusted PB Ratio has ranged from 0.49 to 2.16. According to the industry distribution chart, Nihon Tokushu Toryo Co ranks #451 out of 992 companies in the Vehicles & Parts industry, placing it in the top 45.5%.
Is Nihon Tokushu Toryo Co's Cyclically Adjusted PB Ratio too high?
Nihon Tokushu Toryo Co's current Cyclically Adjusted PB Ratio of 1.20 is 74% above median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 2.16. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.27. Nihon Tokushu Toryo Co's value of 1.20 is 5.1% below this industry median. Based on the distribution chart, Nihon Tokushu Toryo Co ranks #451 out of 992 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Nihon Tokushu Toryo Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nihon Tokushu Toryo Co's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Nihon Tokushu Toryo Co ranks #451 out of 992 companies for Cyclically Adjusted PB Ratio. This puts Nihon Tokushu Toryo Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Nihon Tokushu Toryo Co's value of 1.20 is 5.1% below this benchmark. Historically, Nihon Tokushu Toryo Co's own Cyclically Adjusted PB Ratio has ranged from 0.49 to 2.16 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 1.27, Nihon Tokushu Toryo 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.27, based on 992 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. Nihon Tokushu Toryo Co's current Cyclically Adjusted PB Ratio of 1.20 is 5.1% 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 Nihon Tokushu Toryo Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon Tokushu Toryo Co's current Cyclically Adjusted PB Ratio is 1.20, which is 74% above median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Tokushu Toryo Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Tokushu Toryo Co (TSE:4619) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,299.50, compared to a current price of 円2,654.00 — trading 104.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.20, which is 74% above median its 10-year median of 0.69 and 5.1% below the Vehicles & Parts industry median of 1.27. Nihon Tokushu Toryo Co's overall GF Score™ is 64/100 with 4 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 Nihon Tokushu Toryo Co (TSE:4619), the current Cyclically Adjusted PB Ratio is 1.20 as of Aug. 13, 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 Nihon Tokushu Toryo Co (TSE:4619) Overvalued in 2026?

Based on GuruFocus' analysis, Nihon Tokushu Toryo Co stock appears to be overvalued. The current stock price of 円2,654.00 is trading 104.2% above its estimated GF Value™ of 円1,299.50. GuruFocus considers Nihon Tokushu Toryo Co to be Significantly Overvalued.

Key valuation signals for TSE:4619:

  • Cyclically Adjusted PB Ratio: 1.20 (74% above median its 10-year median of 0.69)
  • GF Value™: 円1,299.50 vs. price of 円2,654.00 (104.2% above fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 5.1% below the Vehicles & Parts median (#451 of 992)

No single metric tells the full story. See the TSE:4619 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nihon Tokushu Toryo Co Business Description

Address No. 23-2, Oji 3, Kita-Ku, Tokyo, JPN, 114-8584
Nihon Tokushu Toryo Co Ltd engages in the manufacture and sale of paints and coatings, soundproofing, and rust proofing materials. Its operations are carried out through the following divisions: Paints business, Automotive Products business. The Paint business division handles the production, sale, and contracting of paints. The Automotive Products business manages the production and sale of soundproofing materials including damping materials, acoustic absorbents and sound insulators, as well as antirust coatings.
64GF Score

Get the complete analysis for TSE:4619

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

円2,654.00
Price
円1,299.50
GF Value