Moresco (TSE:5018) Cyclically Adjusted PB Ratio: 1.12 (As of Aug. 14, 2026) — 45% Above Median

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TSE:5018 Moresco Corp TSE:5018
72 GF Score
Price 円2,219.00
GF Value 円1,396.90
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Moresco Cyclically Adjusted PB Ratio?

Moresco TSE:5018 +0.77% 72 Cyclically Adjusted PB Ratio is 1.12 as of Aug. 14, 2026, which is 45% above its 10-year median of 0.77. GuruFocus rates TSE:5018 with a GF Score™ of 72/100 and a GF Value™ of 円1,396.90 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,210 Chemicals companies, Moresco ranks better than 65.79% on this metric.

As of today (2026-08-14), Moresco's current share price is 円2219.00. Moresco's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was 円1,981.04. Moresco's Cyclically Adjusted PB Ratio for today is 1.12.

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

TSE:5018' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 0.77   Max: 1.84
Current: 1.11

During the past years, Moresco's highest Cyclically Adjusted PB Ratio was 1.84. The lowest was 0.57. And the median was 0.77.

TSE:5018's Cyclically Adjusted PB Ratio is ranked better than
65.79% of 1210 companies
in the Chemicals industry
Industry Median: 1.65 vs TSE:5018: 1.11

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.

Moresco's adjusted book value per share data for the three months ended in Feb. 2026 was 円2,558.243. 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1,981.04 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Moresco  (TSE:5018) 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.


Moresco Cyclically Adjusted PB Ratio Related Terms


Moresco Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Moresco'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.

Moresco Cyclically Adjusted PB Ratio Chart

Moresco Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.73 0.80 0.64 1.10

Moresco Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 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 0.63 0.67 0.71 1.10 0.00

TSE:5018 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Moresco'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.


Moresco Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


TSE:5018
72GF Score
Moresco Corp TSE:5018
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Moresco 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.

Moresco's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2219.00/1981.04
=1.12

* 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.

Moresco's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 is calculated as:

For example, Moresco's adjusted Book Value per Share data for the three months ended in Feb. 2026 was:

Adj_Book=Book Value per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=2558.243/112.2000*112.2000
=2,558.243

Current CPI (Feb. 2026) = 112.2000.

Moresco Quarterly Data

Book Value per Share CPI Adj_Book
201602 1,318.506 97.800 1,512.642
201605 1,314.679 98.200 1,502.108
201608 1,297.610 97.900 1,487.149
201611 1,328.954 98.600 1,512.258
201702 1,433.330 98.100 1,639.344
201705 1,436.640 98.600 1,634.797
201708 1,476.176 98.500 1,681.492
201711 1,519.380 99.100 1,720.226
201802 1,584.186 99.500 1,786.389
201805 1,577.468 99.300 1,782.396
201808 1,611.077 99.800 1,811.251
201811 1,613.243 100.000 1,810.059
201902 1,637.368 99.700 1,842.655
201905 1,641.435 100.000 1,841.690
201908 1,639.037 100.000 1,839.000
201911 1,630.695 100.500 1,820.537
202002 1,659.652 100.300 1,856.560
202005 1,602.979 100.100 1,796.746
202008 1,605.271 100.100 1,799.315
202011 1,629.961 99.500 1,838.006
202102 1,695.893 99.800 1,906.605
202105 1,823.467 99.400 2,058.280
202108 1,853.973 99.700 2,086.417
202111 1,875.840 100.100 2,102.590
202202 1,914.925 100.700 2,133.611
202205 1,971.429 101.800 2,172.832
202208 2,052.883 102.700 2,242.780
202211 2,060.685 103.900 2,225.302
202302 2,008.344 104.000 2,166.694
202305 2,031.101 105.100 2,168.311
202308 2,104.140 105.900 2,229.315
202311 2,181.523 106.900 2,289.681
202402 2,179.790 106.900 2,287.862
202405 2,237.638 108.100 2,322.507
202408 2,336.932 109.100 2,403.334
202502 2,364.628 110.800 2,394.506
202505 2,294.079 111.800 2,302.287
202508 2,304.021 112.100 2,306.076
202511 2,395.227 113.200 2,374.068
202602 2,558.243 112.200 2,558.243

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 1.12 mean?
Moresco (TSE:5018) has a Cyclically Adjusted PB Ratio of 1.12 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 Moresco and its competitors. This is 45% above median its historical median of 0.77. Over the past decade, Moresco's Cyclically Adjusted PB Ratio has ranged from 0.57 to 1.84. According to the industry distribution chart, Moresco ranks #414 out of 1210 companies in the Chemicals industry, placing it in the top 34.2%.
Is Moresco's Cyclically Adjusted PB Ratio too high?
Moresco's current Cyclically Adjusted PB Ratio of 1.12 is 45% above median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 1.84. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.65. Moresco's value of 1.12 is 32.1% below this industry median. Based on the distribution chart, Moresco ranks #414 out of 1210 companies in the Chemicals industry, which is above the industry midpoint. Overall, Moresco has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Moresco's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Moresco ranks #414 out of 1210 companies for Cyclically Adjusted PB Ratio. This puts Moresco in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.65. Moresco's value of 1.12 is 32.1% below this benchmark. Historically, Moresco's own Cyclically Adjusted PB Ratio has ranged from 0.57 to 1.84 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 1.65, Moresco 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. Moresco's current Cyclically Adjusted PB Ratio of 1.12 is 32.1% 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 Moresco 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. Moresco's current Cyclically Adjusted PB Ratio is 1.12, which is 45% above median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moresco stock overvalued right now?
Based on GuruFocus' analysis, Moresco (TSE:5018) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,396.90, compared to a current price of 円2,219.00 — trading 58.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.12, which is 45% above median its 10-year median of 0.77 and 32.1% below the Chemicals industry median of 1.65. Moresco's overall GF Score™ is 72/100 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 Moresco (TSE:5018), the current Cyclically Adjusted PB Ratio is 1.12 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 Moresco (TSE:5018) Overvalued in 2026?

Based on GuruFocus' analysis, Moresco stock appears to be overvalued. The current stock price of 円2,219.00 is trading 58.9% above its estimated GF Value™ of 円1,396.90. GuruFocus considers Moresco to be Significantly Overvalued.

Key valuation signals for TSE:5018:

  • Cyclically Adjusted PB Ratio: 1.12 (45% above median its 10-year median of 0.77)
  • GF Value™: 円1,396.90 vs. price of 円2,219.00 (58.9% above fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 32.1% below the Chemicals median (#414 of 1210)

No single metric tells the full story. See the TSE:5018 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Moresco Business Description

Address 5-5-3 Minatojima Minami-machi, Chuo-ku, Kobe, JPN, 650-0047
Moresco Corp is engaged in the development, manufacture, sale and leasing of chemical products such as special lubricants, synthetic lubricants, raw materials, hot melt adhesives and energy device related products in Japan.
72GF Score

Get the complete analysis for TSE:5018

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

円2,219.00
Price
円1,396.90
GF Value