Achilles (TSE:5142) Cyclically Adjusted PB Ratio: 0.58 (As of Sep. 10, 2026) — Near 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:5142 Achilles Corp TSE:5142
64 GF Score
Price 円1,770.00
GF Value 円1,632.30
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Achilles Cyclically Adjusted PB Ratio?

Achilles TSE:5142 +0.68% 64 Cyclically Adjusted PB Ratio is 0.58 as of Sep. 10, 2026, which is 5% above its 10-year median of 0.55. GuruFocus rates TSE:5142 with a GF Score™ of 64/100 and a GF Value™ of 円1,632.30 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,097 Chemicals companies, Achilles ranks better than 86.24% on this metric.

As of today (2026-09-10), Achilles's current share price is 円1770.00. Achilles's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円3,059.78. Achilles's Cyclically Adjusted PB Ratio for today is 0.58.

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

TSE:5142' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.55   Max: 1.06
Current: 0.59

During the past years, Achilles's highest Cyclically Adjusted PB Ratio was 1.06. The lowest was 0.36. And the median was 0.55.

TSE:5142's Cyclically Adjusted PB Ratio is ranked better than
86.24% of 1097 companies
in the Chemicals industry
Industry Median: 1.69 vs TSE:5142: 0.59

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.

Achilles's adjusted book value per share data for the three months ended in Mar. 2026 was 円3,167.130. 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3,059.78 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Achilles  (TSE:5142) 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.


Achilles Cyclically Adjusted PB Ratio Related Terms


Achilles Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Achilles'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.

Achilles Cyclically Adjusted PB Ratio Chart

Achilles 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 0.49 0.49 0.54 0.47 0.43

Achilles Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.37 0.40 0.47 0.43 0.00

TSE:5142 vs DOW: Cyclically Adjusted PB Ratio Comparison

For the Chemicals subindustry, Achilles'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.


Achilles Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


TSE:5142
64GF Score
Achilles Corp TSE:5142
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Achilles 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1770.00/3059.78
=0.58

* 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.

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

For example, Achilles'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)
=3167.13/112.7000*112.7000
=3,167.130

Current CPI (Mar. 2026) = 112.7000.

Achilles Quarterly Data

Book Value per Share CPI Adj_Book
201603 2,378.770 97.900 2,738.380
201606 2,290.975 98.100 2,631.936
201609 2,283.381 98.000 2,625.888
201612 2,373.142 98.400 2,718.019
201703 2,541.667 98.100 2,919.938
201706 2,543.947 98.500 2,910.689
201709 2,573.636 98.800 2,935.716
201712 2,633.439 99.400 2,985.801
201803 2,671.845 99.200 3,035.453
201806 2,648.954 99.200 3,009.447
201809 2,683.427 99.900 3,027.249
201812 2,636.660 99.700 2,980.457
201903 2,620.835 99.700 2,962.569
201906 2,586.530 99.800 2,920.861
201909 2,758.465 100.100 3,105.684
201912 2,793.403 100.500 3,132.503
202003 2,632.209 100.300 2,957.627
202006 2,703.310 99.900 3,049.680
202009 2,726.862 99.900 3,076.250
202012 2,758.370 99.300 3,130.597
202103 2,952.766 99.900 3,331.098
202106 2,942.581 99.500 3,332.954
202109 2,962.315 100.100 3,335.194
202112 2,974.219 100.100 3,348.596
202203 3,049.649 101.100 3,399.559
202206 3,078.506 101.800 3,408.130
202209 3,169.771 103.100 3,464.919
202212 3,198.027 104.100 3,462.225
202303 3,058.586 104.400 3,301.749
202306 3,055.896 105.200 3,273.759
202309 3,145.738 106.200 3,338.274
202312 2,662.743 106.800 2,809.842
202403 2,764.365 107.200 2,906.193
202406 2,793.862 108.200 2,910.058
202409 3,023.252 108.900 3,128.747
202503 2,878.101 111.100 2,919.550
202506 2,833.614 111.700 2,858.982
202509 2,898.076 112.000 2,916.189
202512 2,930.997 113.000 2,923.216
202603 3,167.130 112.700 3,167.130

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 0.58 mean?
Achilles (TSE:5142) has a Cyclically Adjusted PB Ratio of 0.58 as of Sep. 10, 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 Achilles and its competitors. This is near median its historical median of 0.55. Over the past decade, Achilles' Cyclically Adjusted PB Ratio has ranged from 0.36 to 1.06. According to the industry distribution chart, Achilles ranks #151 out of 1097 companies in the Chemicals industry, placing it in the top 13.8%.
Is Achilles' Cyclically Adjusted PB Ratio too high?
Achilles' current Cyclically Adjusted PB Ratio of 0.58 is near median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.06. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.69. Achilles' value of 0.58 is 65.7% below this industry median. Based on the distribution chart, Achilles ranks #151 out of 1097 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Achilles has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Achilles' Cyclically Adjusted PB Ratio compare to DOW?
According to the Chemicals industry distribution chart, Achilles ranks #151 out of 1097 companies for Cyclically Adjusted PB Ratio. This places Achilles in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.69. Achilles' value of 0.58 is 65.7% below this benchmark. Historically, Achilles' own Cyclically Adjusted PB Ratio has ranged from 0.36 to 1.06 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 1.69, Achilles 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 1.69, based on 1,097 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. Achilles's current Cyclically Adjusted PB Ratio of 0.58 is 65.7% 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 Achilles and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Achilles's current Cyclically Adjusted PB Ratio is 0.58, which is near median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Achilles stock overvalued right now?
Based on GuruFocus' analysis, Achilles (TSE:5142) is currently considered Fairly Valued. The stock's GF Value™ is 円1,632.30, compared to a current price of 円1,770.00 — trading 8.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.58, which is near median its 10-year median of 0.55 and 65.7% below the Chemicals industry median of 1.69. Achilles' 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 Achilles (TSE:5142), the current Cyclically Adjusted PB Ratio is 0.58 as of Sep. 10, 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 Achilles (TSE:5142) Overvalued in 2026?

Based on GuruFocus' analysis, Achilles stock appears to be overvalued. The current stock price of 円1,770.00 is trading 8.4% above its estimated GF Value™ of 円1,632.30. GuruFocus considers Achilles to be Fairly Valued.

Key valuation signals for TSE:5142:

  • Cyclically Adjusted PB Ratio: 0.58 (near median its 10-year median of 0.55)
  • GF Value™: 円1,632.30 vs. price of 円1,770.00 (8.4% above fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 65.7% below the Chemicals median (#151 of 1097)

No single metric tells the full story. See the TSE:5142 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Achilles Business Description

Address 22-5,Daikyo-Cho, Shinjuku-Ku, Tokyo, JPN, 160-8885
Achilles Corp engages in the manufacture and sale of shoes, plastic products, and industrial materials. It operates through the following segments: Shoes, Plastic, and Industrial Materials. The Shoe segment is involved in the production and sale of shoes. The Plastic segment includes automotive interior materials, floor and wall coverings, films, inflatable boards, and rubberized fabric. The Industrial Materials segment provides urethane, heat insulation products, industrial materials, and shock absorbers.
64GF Score

Get the complete analysis for TSE:5142

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

円1,770.00
Price
円1,632.30
GF Value