Asahi Rubber (TSE:5162) Cyclically Adjusted PB Ratio: 0.73 (As of Sep. 06, 2026) — 11% 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:5162 Asahi Rubber Inc TSE:5162
57 GF Score
Price 円799.00
GF Value 円617.03
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Asahi Rubber Cyclically Adjusted PB Ratio?

Asahi Rubber TSE:5162 57 Cyclically Adjusted PB Ratio is 0.73 as of Sep. 06, 2026, which is 11% above its 10-year median of 0.66. GuruFocus rates TSE:5162 with a GF Score™ of 57/100 and a GF Value™ of 円617.03 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 925 Vehicles & Parts companies, Asahi Rubber ranks better than 68.76% on this metric.

As of today (2026-09-06), Asahi Rubber's current share price is 円799.00. Asahi Rubber's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,091.47. Asahi Rubber's Cyclically Adjusted PB Ratio for today is 0.73.

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

TSE:5162' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.66   Max: 1.76
Current: 0.73

During the past years, Asahi Rubber's highest Cyclically Adjusted PB Ratio was 1.76. The lowest was 0.50. And the median was 0.66.

TSE:5162's Cyclically Adjusted PB Ratio is ranked better than
68.76% of 925 companies
in the Vehicles & Parts industry
Industry Median: 1.22 vs TSE:5162: 0.73

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.

Asahi Rubber's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,119.520. 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1,091.47 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asahi Rubber  (TSE:5162) 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.


Asahi Rubber Cyclically Adjusted PB Ratio Related Terms


Asahi Rubber Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Asahi Rubber'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.

Asahi Rubber Cyclically Adjusted PB Ratio Chart

Asahi Rubber 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 0.64 0.57 0.55 0.53 0.78

Asahi Rubber 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 0.58 0.60 0.62 0.78 0.00

TSE:5162 vs ORLY, AZO, GPC: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Asahi Rubber'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.


Asahi Rubber Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

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


TSE:5162
57GF Score
Asahi Rubber Inc TSE:5162
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asahi Rubber 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.

Asahi Rubber's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=799.00/1091.47
=0.73

* 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.

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

For example, Asahi Rubber'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)
=1119.52/112.7000*112.7000
=1,119.520

Current CPI (Mar. 2026) = 112.7000.

Asahi Rubber Quarterly Data

Book Value per Share CPI Adj_Book
201603 792.665 97.900 912.496
201606 784.003 98.100 900.684
201609 800.218 98.000 920.251
201612 834.994 98.400 956.340
201703 860.355 98.100 988.400
201706 870.669 98.500 996.187
201709 895.477 98.800 1,021.460
201712 932.412 99.400 1,057.171
201803 958.233 99.200 1,088.638
201806 965.218 99.200 1,096.573
201809 992.015 99.900 1,119.120
201812 985.967 99.700 1,114.528
201903 987.067 99.700 1,115.772
201906 989.402 99.800 1,117.291
201909 996.502 100.100 1,121.936
201912 1,003.578 100.500 1,125.405
202003 979.590 100.300 1,100.696
202006 961.496 99.900 1,084.691
202009 958.085 99.900 1,080.843
202012 954.736 99.300 1,083.572
202103 976.598 99.900 1,101.728
202106 990.732 99.500 1,122.166
202109 1,011.936 100.100 1,139.313
202112 1,016.159 100.100 1,144.067
202203 1,030.711 101.100 1,148.973
202206 1,046.621 101.800 1,158.686
202209 1,069.196 103.100 1,168.753
202212 1,080.914 104.100 1,170.211
202303 1,077.773 104.400 1,163.458
202306 1,075.128 105.200 1,151.777
202309 1,092.109 106.200 1,158.952
202312 1,100.218 106.800 1,160.998
202403 1,105.737 107.200 1,162.468
202406 1,108.198 108.200 1,154.288
202409 1,101.337 108.900 1,139.767
202503 1,069.569 111.100 1,084.972
202506 1,051.811 111.700 1,061.227
202509 1,059.310 112.000 1,065.931
202512 1,082.535 113.000 1,079.661
202603 1,119.520 112.700 1,119.520

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 0.73 mean?
Asahi Rubber (TSE:5162) has a Cyclically Adjusted PB Ratio of 0.73 as of Sep. 06, 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 Asahi Rubber and its competitors. This is 11% above median its historical median of 0.66. Over the past decade, Asahi Rubber's Cyclically Adjusted PB Ratio has ranged from 0.50 to 1.76. According to the industry distribution chart, Asahi Rubber ranks #289 out of 925 companies in the Vehicles & Parts industry, placing it in the top 31.2%.
Is Asahi Rubber's Cyclically Adjusted PB Ratio too high?
Asahi Rubber's current Cyclically Adjusted PB Ratio of 0.73 is 11% above median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 1.76. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.22. Asahi Rubber's value of 0.73 is 40.2% below this industry median. Based on the distribution chart, Asahi Rubber ranks #289 out of 925 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Asahi Rubber has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Rubber's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Asahi Rubber ranks #289 out of 925 companies for Cyclically Adjusted PB Ratio. This puts Asahi Rubber in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.22. Asahi Rubber's value of 0.73 is 40.2% below this benchmark. Historically, Asahi Rubber's own Cyclically Adjusted PB Ratio has ranged from 0.50 to 1.76 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 1.22, Asahi Rubber 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 1.22, based on 925 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. Asahi Rubber's current Cyclically Adjusted PB Ratio of 0.73 is 40.2% 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 Asahi Rubber and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Rubber's current Cyclically Adjusted PB Ratio is 0.73, which is 11% above median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Rubber stock overvalued right now?
Based on GuruFocus' analysis, Asahi Rubber (TSE:5162) is currently considered Modestly Overvalued. The stock's GF Value™ is 円617.03, compared to a current price of 円799.00 — trading 29.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.73, which is 11% above median its 10-year median of 0.66 and 40.2% below the Vehicles & Parts industry median of 1.22. Asahi Rubber's overall GF Score™ is 57/100 with 3 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 Asahi Rubber (TSE:5162), the current Cyclically Adjusted PB Ratio is 0.73 as of Sep. 06, 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 Asahi Rubber (TSE:5162) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi Rubber stock appears to be overvalued. The current stock price of 円799.00 is trading 29.5% above its estimated GF Value™ of 円617.03. GuruFocus considers Asahi Rubber to be Modestly Overvalued.

Key valuation signals for TSE:5162:

  • Cyclically Adjusted PB Ratio: 0.73 (11% above median its 10-year median of 0.66)
  • GF Value™: 円617.03 vs. price of 円799.00 (29.5% above fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 40.2% below the Vehicles & Parts median (#289 of 925)

No single metric tells the full story. See the TSE:5162 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahi Rubber Business Description

Address Dotemachi 2-7-2, Omiya ward, Saitama-shi, Tokyo, JPN
Asahi Rubber Inc is engaged in manufacturing and selling small rubber parts for electrical equipment, vehicles, medical equipment, watches, and others. The segments of the company include Industrial Rubber Business and Medical and Hygienic Rubber Business.
57GF Score

Get the complete analysis for TSE:5162

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

円799.00
Price
円617.03
GF Value