HOKKO Chemical Industry Co (TSE:4992) Cyclically Adjusted PB Ratio: 1.43 (As of Aug. 30, 2026) — 31% Above Median

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TSE:4992 HOKKO Chemical Industry Co Ltd TSE:4992
85 GF Score
Price 円1,994.00
GF Value 円1,607.21
Valuation Modestly Overvalued
! 5 Warning Signs
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What is HOKKO Chemical Industry Co Cyclically Adjusted PB Ratio?

HOKKO Chemical Industry Co TSE:4992 -0.80% 85 Cyclically Adjusted PB Ratio is 1.43 as of Aug. 30, 2026, which is 31% above its 10-year median of 1.09. GuruFocus rates TSE:4992 with a GF Score™ of 85/100 and a GF Value™ of 円1,607.21 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 164 Agriculture companies, HOKKO Chemical Industry Co ranks better than 51.83% on this metric.

As of today (2026-08-30), HOKKO Chemical Industry Co's current share price is 円1994.00. HOKKO Chemical Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was 円1,398.53. HOKKO Chemical Industry Co's Cyclically Adjusted PB Ratio for today is 1.43.

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

TSE:4992' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.09   Max: 1.79
Current: 1.43

During the past years, HOKKO Chemical Industry Co's highest Cyclically Adjusted PB Ratio was 1.79. The lowest was 0.67. And the median was 1.09.

TSE:4992's Cyclically Adjusted PB Ratio is ranked better than
51.83% of 164 companies
in the Agriculture industry
Industry Median: 1.53 vs TSE:4992: 1.43

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.

HOKKO Chemical Industry Co's adjusted book value per share data for the three months ended in May. 2026 was 円2,352.133. 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1,398.53 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


HOKKO Chemical Industry Co  (TSE:4992) 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.


HOKKO Chemical Industry Co Cyclically Adjusted PB Ratio Related Terms


HOKKO Chemical Industry Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for HOKKO Chemical Industry 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.

HOKKO Chemical Industry Co Cyclically Adjusted PB Ratio Chart

HOKKO Chemical Industry Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 1.01 0.95 1.10 1.24

HOKKO Chemical Industry Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 1.04 1.26 1.24 1.40 1.28

TSE:4992 vs CTVA, CF, MOS: Cyclically Adjusted PB Ratio Comparison

For the Agricultural Inputs subindustry, HOKKO Chemical Industry 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.


HOKKO Chemical Industry Co Cyclically Adjusted PB Ratio vs Agriculture Industry

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

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


TSE:4992
85GF Score
HOKKO Chemical Industry Co Ltd TSE:4992
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HOKKO Chemical Industry 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1994.00/1398.53
=1.43

* 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.

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

For example, HOKKO Chemical Industry Co's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book=Book Value per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=2352.133/113.5000*113.5000
=2,352.133

Current CPI (May. 2026) = 113.5000.

HOKKO Chemical Industry Co Quarterly Data

Book Value per Share CPI Adj_Book
201605 710.196 98.200 820.848
201608 697.170 97.900 808.261
201611 685.041 98.600 788.561
201702 781.899 98.100 904.644
201705 797.757 98.600 918.311
201708 804.903 98.500 927.477
201711 809.585 99.100 927.224
201802 862.164 99.500 983.474
201805 881.623 99.300 1,007.696
201808 876.934 99.800 997.315
201811 892.737 100.000 1,013.256
201902 931.618 99.700 1,060.568
201905 934.313 100.000 1,060.445
201908 932.799 100.000 1,058.727
201911 973.156 100.500 1,099.037
202002 1,002.031 100.300 1,133.903
202005 1,055.055 100.100 1,196.291
202008 1,065.209 100.100 1,207.804
202011 1,121.151 99.500 1,278.901
202102 1,137.914 99.800 1,294.121
202105 1,195.591 99.400 1,365.187
202108 1,240.640 99.700 1,412.363
202111 1,263.533 100.100 1,432.677
202202 1,273.244 100.700 1,435.086
202205 1,352.485 101.800 1,507.928
202208 1,375.859 102.700 1,520.545
202211 1,412.008 103.900 1,542.473
202302 1,451.333 104.000 1,583.907
202305 1,531.497 105.100 1,653.900
202308 1,558.157 105.900 1,669.979
202311 1,727.041 106.900 1,833.668
202402 1,990.178 106.900 2,113.051
202405 2,027.769 108.100 2,129.064
202411 1,735.816 110.000 1,791.047
202502 1,875.066 110.800 1,920.758
202505 1,856.600 111.800 1,884.831
202508 2,024.932 112.100 2,050.221
202511 2,051.939 113.200 2,057.377
202602 2,173.080 112.200 2,198.258
202605 2,352.133 113.500 2,352.133

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 1.43 mean?
HOKKO Chemical Industry Co (TSE:4992) has a Cyclically Adjusted PB Ratio of 1.43 as of Aug. 30, 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 HOKKO Chemical Industry Co and its competitors. This is 31% above median its historical median of 1.09. Over the past decade, HOKKO Chemical Industry Co's Cyclically Adjusted PB Ratio has ranged from 0.67 to 1.79. According to the industry distribution chart, HOKKO Chemical Industry Co ranks #79 out of 164 companies in the Agriculture industry, placing it in the top 48.2%.
Is HOKKO Chemical Industry Co's Cyclically Adjusted PB Ratio too high?
HOKKO Chemical Industry Co's current Cyclically Adjusted PB Ratio of 1.43 is 31% above median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 1.79. The Agriculture industry median Cyclically Adjusted PB Ratio is 1.53. HOKKO Chemical Industry Co's value of 1.43 is 6.5% below this industry median. Based on the distribution chart, HOKKO Chemical Industry Co ranks #79 out of 164 companies in the Agriculture industry, which is above the industry midpoint. Overall, HOKKO Chemical Industry Co has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HOKKO Chemical Industry Co's Cyclically Adjusted PB Ratio compare to CTVA and CF?
According to the Agriculture industry distribution chart, HOKKO Chemical Industry Co ranks #79 out of 164 companies for Cyclically Adjusted PB Ratio. This puts HOKKO Chemical Industry Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.53. HOKKO Chemical Industry Co's value of 1.43 is 6.5% below this benchmark. Historically, HOKKO Chemical Industry Co's own Cyclically Adjusted PB Ratio has ranged from 0.67 to 1.79 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 1.53, HOKKO Chemical Industry 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 an Agriculture company?
The median Cyclically Adjusted PB Ratio among Agriculture companies is 1.53, based on 164 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. HOKKO Chemical Industry Co's current Cyclically Adjusted PB Ratio of 1.43 is 6.5% 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 HOKKO Chemical Industry Co and its competitors. For the Agriculture industry, the median Cyclically Adjusted PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HOKKO Chemical Industry Co's current Cyclically Adjusted PB Ratio is 1.43, which is 31% above median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HOKKO Chemical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, HOKKO Chemical Industry Co (TSE:4992) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,607.21, compared to a current price of 円1,994.00 — trading 24.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.43, which is 31% above median its 10-year median of 1.09 and 6.5% below the Agriculture industry median of 1.53. HOKKO Chemical Industry Co's overall GF Score™ is 85/100 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 HOKKO Chemical Industry Co (TSE:4992), the current Cyclically Adjusted PB Ratio is 1.43 as of Aug. 30, 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 HOKKO Chemical Industry Co (TSE:4992) Overvalued in 2026?

Based on GuruFocus' analysis, HOKKO Chemical Industry Co stock appears to be overvalued. The current stock price of 円1,994.00 is trading 24.1% above its estimated GF Value™ of 円1,607.21. GuruFocus considers HOKKO Chemical Industry Co to be Modestly Overvalued.

Key valuation signals for TSE:4992:

  • Cyclically Adjusted PB Ratio: 1.43 (31% above median its 10-year median of 1.09)
  • GF Value™: 円1,607.21 vs. price of 円1,994.00 (24.1% above fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 6.5% below the Agriculture median (#79 of 164)

No single metric tells the full story. See the TSE:4992 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HOKKO Chemical Industry Co Business Description

Address 1-5-4,Nihonbashi-Honcho, Sumitomo Fudosan Nihonbashi Building, Chuo-ku, Tokyo, JPN, 103-8341
HOKKO Chemical Industry Co Ltd is engaged in the manufacturing of crop protection products. The company manufactures and sells safe and effective agricultural chemicals to ensure crop protection from seed treatment to harvesting. Its products include insecticides, fungicides, and herbicides for paddy rice, vegetable crops, and fruit orchards. Its Fine Chemicals Products include Organophosphines and those derivatives, Functional Styrenes, Grignard Reagents, Alcohols, those derivatives and others. It also operates in the textile materials business.
85GF Score

Get the complete analysis for TSE:4992

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

円1,994.00
Price
円1,607.21
GF Value