Takasago International (TSE:4914) Cyclically Adjusted PB Ratio: 1.04 (As of Aug. 14, 2026) — 51% Above Median

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.
Reviewed by: Charlie Tian Charlie Tian
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:4914 Takasago International Corp TSE:4914
72 GF Score
Price 円1,272.00
GF Value 円1,186.70
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Takasago International Cyclically Adjusted PB Ratio?

Takasago International TSE:4914 -1.09% 72 Cyclically Adjusted PB Ratio is 1.04 as of Aug. 14, 2026, which is 51% above its 10-year median of 0.69. GuruFocus rates TSE:4914 with a GF Score™ of 72/100 and a GF Value™ of 円1,186.70 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,210 Chemicals companies, Takasago International ranks better than 67.27% on this metric.

As of today (2026-08-14), Takasago International's current share price is 円1272.00. Takasago International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,222.30. Takasago International's Cyclically Adjusted PB Ratio for today is 1.04.

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

TSE:4914' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.69   Max: 1.48
Current: 1.05

During the past years, Takasago International's highest Cyclically Adjusted PB Ratio was 1.48. The lowest was 0.38. And the median was 0.69.

TSE:4914's Cyclically Adjusted PB Ratio is ranked better than
67.27% of 1210 companies
in the Chemicals industry
Industry Median: 1.65 vs TSE:4914: 1.05

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.

Takasago International's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,573.541. 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1,222.30 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Takasago International  (TSE:4914) 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.


Takasago International Cyclically Adjusted PB Ratio Related Terms


Takasago International Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Takasago International'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.

Takasago International Cyclically Adjusted PB Ratio Chart

Takasago International 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 0.63 0.54 0.65 1.11 0.97

Takasago International 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 1.19 1.37 1.22 0.97 0.00

TSE:4914 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Takasago International'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.


Takasago International Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


TSE:4914
72GF Score
Takasago International Corp TSE:4914
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Takasago International 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.

Takasago International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1272.00/1222.30
=1.04

* 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.

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

For example, Takasago International'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)
=1573.541/112.7000*112.7000
=1,573.541

Current CPI (Mar. 2026) = 112.7000.

Takasago International Quarterly Data

Book Value per Share CPI Adj_Book
201606 803.860 98.100 923.497
201609 784.249 98.000 901.886
201612 817.471 98.400 936.270
201703 868.340 98.100 997.573
201706 885.191 98.500 1,012.802
201709 910.372 98.800 1,038.451
201712 951.675 99.400 1,079.012
201803 981.430 99.200 1,114.992
201806 994.235 99.200 1,129.539
201809 1,023.058 99.900 1,154.141
201812 996.951 99.700 1,126.945
201903 971.958 99.700 1,098.693
201906 960.920 99.800 1,085.127
201909 959.459 100.100 1,080.230
201912 961.734 100.500 1,078.482
202003 953.602 100.300 1,071.495
202006 950.623 99.900 1,072.425
202009 964.253 99.900 1,087.801
202012 987.197 99.300 1,120.414
202103 1,019.311 99.900 1,149.913
202106 1,053.313 99.500 1,193.049
202109 1,075.071 100.100 1,210.395
202112 1,074.826 100.100 1,210.119
202203 1,106.324 101.100 1,233.261
202206 1,160.932 101.800 1,285.236
202209 1,227.896 103.100 1,342.230
202212 1,260.655 104.100 1,364.801
202303 1,235.714 104.400 1,333.956
202306 1,260.159 105.200 1,349.999
202309 1,328.797 106.200 1,410.126
202312 1,329.263 106.800 1,402.696
202403 1,325.405 107.200 1,393.406
202406 1,403.387 108.200 1,461.753
202409 1,443.385 108.900 1,493.751
202412 1,416.176 110.700 1,441.762
202503 1,479.713 111.100 1,501.023
202506 1,439.970 111.700 1,452.861
202509 1,477.640 112.000 1,486.875
202512 1,495.549 113.000 1,491.579
202603 1,573.541 112.700 1,573.541

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 1.04 mean?
Takasago International (TSE:4914) has a Cyclically Adjusted PB Ratio of 1.04 as of Aug. 14, 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 Takasago International and its competitors. This is 51% above median its historical median of 0.69. Over the past decade, Takasago International's Cyclically Adjusted PB Ratio has ranged from 0.38 to 1.48. According to the industry distribution chart, Takasago International ranks #396 out of 1210 companies in the Chemicals industry, placing it in the top 32.7%.
Is Takasago International's Cyclically Adjusted PB Ratio too high?
Takasago International's current Cyclically Adjusted PB Ratio of 1.04 is 51% above median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 1.48. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.65. Takasago International's value of 1.04 is 37% below this industry median. Based on the distribution chart, Takasago International ranks #396 out of 1210 companies in the Chemicals industry, which is above the industry midpoint. Overall, Takasago International has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Takasago International's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Takasago International ranks #396 out of 1210 companies for Cyclically Adjusted PB Ratio. This puts Takasago International in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.65. Takasago International's value of 1.04 is 37% below this benchmark. Historically, Takasago International's own Cyclically Adjusted PB Ratio has ranged from 0.38 to 1.48 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 1.65, Takasago International 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.65, based on 1,210 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. Takasago International's current Cyclically Adjusted PB Ratio of 1.04 is 37% 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 Takasago International and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Takasago International's current Cyclically Adjusted PB Ratio is 1.04, which is 51% 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 Takasago International stock overvalued right now?
Based on GuruFocus' analysis, Takasago International (TSE:4914) is currently considered Fairly Valued. The stock's GF Value™ is 円1,186.70, compared to a current price of 円1,272.00 — trading 7.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.04, which is 51% above median its 10-year median of 0.69 and 37% below the Chemicals industry median of 1.65. Takasago International's overall GF Score™ is 72/100 with 6 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 Takasago International (TSE:4914), the current Cyclically Adjusted PB Ratio is 1.04 as of Aug. 14, 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 Takasago International (TSE:4914) Overvalued in 2026?

Based on GuruFocus' analysis, Takasago International stock appears to be overvalued. The current stock price of 円1,272.00 is trading 7.2% above its estimated GF Value™ of 円1,186.70. GuruFocus considers Takasago International to be Fairly Valued.

Key valuation signals for TSE:4914:

  • Cyclically Adjusted PB Ratio: 1.04 (51% above median its 10-year median of 0.69)
  • GF Value™: 円1,186.70 vs. price of 円1,272.00 (7.2% above fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 37% below the Chemicals median (#396 of 1210)

No single metric tells the full story. See the TSE:4914 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Takasago International Business Description

Address Nissay Aroma Square 17F, 5-37-1, Kamata, Ohta-ku, Tokyo, JPN, 144-8721
Takasago International Corp is a Japan-based company engaged in the manufacture and sale of flavors, fragrances, aroma chemicals and fine chemicals. The Flavor products include flavors used in frozen desserts, such as beverages and ice creams, gums, confectioneries, processed foods and other processed food materials products. The Fragrance products include fragrances used in detergents, cosmetics and perfuming agents. The Aroma chemicals include menthol, synthetic perfumes such as musk, among others. The Fine chemicals include pharmaceutical intermediates, catalysts, photographic industry drugs and organic electronic materials. The majority of its revenue is generated from Flavors. The company operates its business mainly in Japan and rest from Asia, America, and Europe.
72GF Score

Get the complete analysis for TSE:4914

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

円1,272.00
Price
円1,186.70
GF Value