Bando Chemical Industries (TSE:5195) Cyclically Adjusted PB Ratio: 1.36 (As of Aug. 13, 2026) — 36% Above Median

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TSE:5195 Bando Chemical Industries Ltd TSE:5195
84 GF Score
Price 円2,474.00
GF Value 円2,107.88
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Bando Chemical Industries Cyclically Adjusted PB Ratio?

Bando Chemical Industries TSE:5195 -1.98% 84 Cyclically Adjusted PB Ratio is 1.36 as of Aug. 13, 2026, which is 36% above its 10-year median of 1.00. GuruFocus rates TSE:5195 with a GF Score™ of 84/100 and a GF Value™ of 円2,107.88 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,229 Industrial Products companies, Bando Chemical Industries ranks better than 65.23% on this metric.

As of today (2026-08-13), Bando Chemical Industries's current share price is 円2474.00. Bando Chemical Industries's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円1,815.76. Bando Chemical Industries's Cyclically Adjusted PB Ratio for today is 1.36.

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

TSE:5195' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 1   Max: 1.37
Current: 1.36

During the past years, Bando Chemical Industries's highest Cyclically Adjusted PB Ratio was 1.37. The lowest was 0.47. And the median was 1.00.

TSE:5195's Cyclically Adjusted PB Ratio is ranked better than
65.23% of 2229 companies
in the Industrial Products industry
Industry Median: 2.17 vs TSE:5195: 1.36

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.

Bando Chemical Industries's adjusted book value per share data for the three months ended in Jun. 2026 was 円2,300.101. 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1,815.76 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bando Chemical Industries  (TSE:5195) 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.


Bando Chemical Industries Cyclically Adjusted PB Ratio Related Terms


Bando Chemical Industries Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bando Chemical Industries'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.

Bando Chemical Industries Cyclically Adjusted PB Ratio Chart

Bando Chemical Industries 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 0.68 0.74 1.22 0.98 1.14

Bando Chemical Industries 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 1.00 1.14 1.17 1.14 1.21

TSE:5195 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Bando Chemical Industries'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.


Bando Chemical Industries Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bando Chemical Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:5195
84GF Score
Bando Chemical Industries Ltd TSE:5195
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bando Chemical Industries 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.

Bando Chemical Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2474.00/1815.76
=1.36

* 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.

Bando Chemical Industries's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Bando Chemical Industries's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2300.101/113.6000*113.6000
=2,300.101

Current CPI (Jun. 2026) = 113.6000.

Bando Chemical Industries Quarterly Data

Book Value per Share CPI Adj_Book
201609 1,114.104 98.000 1,291.451
201612 1,208.288 98.400 1,394.934
201703 1,321.177 98.100 1,529.926
201706 1,298.493 98.500 1,497.551
201709 1,323.962 98.800 1,522.288
201712 1,358.586 99.400 1,552.670
201803 1,418.634 99.200 1,624.565
201806 1,385.576 99.200 1,586.708
201809 1,436.975 99.900 1,634.038
201812 1,419.092 99.700 1,616.939
201903 1,463.252 99.700 1,667.256
201906 1,440.830 99.800 1,640.063
201909 1,467.262 100.100 1,665.144
201912 1,508.191 100.500 1,704.781
202003 1,398.743 100.300 1,584.219
202006 1,403.776 99.900 1,596.286
202009 1,424.873 99.900 1,620.276
202012 1,473.222 99.300 1,685.378
202103 1,546.907 99.900 1,759.045
202106 1,559.609 99.500 1,780.619
202109 1,611.431 100.100 1,828.757
202112 1,656.732 100.100 1,880.167
202203 1,620.143 101.100 1,820.457
202206 1,701.276 101.800 1,898.477
202209 1,743.060 103.100 1,920.578
202212 1,725.440 104.100 1,882.901
202303 1,785.213 104.400 1,942.531
202306 1,844.238 105.200 1,991.497
202309 1,913.526 106.200 2,046.860
202312 1,900.976 106.800 2,022.012
202403 1,985.012 107.200 2,103.520
202406 2,054.772 108.200 2,157.321
202409 2,022.797 108.900 2,110.099
202412 2,088.774 110.700 2,143.493
202503 1,964.715 111.100 2,008.926
202506 1,988.689 111.700 2,022.516
202509 2,086.402 112.000 2,116.208
202512 2,175.157 113.000 2,186.707
202603 2,272.453 112.700 2,290.600
202606 2,300.101 113.600 2,300.101

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 1.36 mean?
Bando Chemical Industries (TSE:5195) has a Cyclically Adjusted PB Ratio of 1.36 as of Aug. 13, 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 Bando Chemical Industries and its competitors. This is 36% above median its historical median of 1.00. Over the past decade, Bando Chemical Industries' Cyclically Adjusted PB Ratio has ranged from 0.47 to 1.37. According to the industry distribution chart, Bando Chemical Industries ranks #775 out of 2229 companies in the Industrial Products industry, placing it in the top 34.8%.
Is Bando Chemical Industries' Cyclically Adjusted PB Ratio too high?
Bando Chemical Industries' current Cyclically Adjusted PB Ratio of 1.36 is 36% above median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.37. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.17. Bando Chemical Industries' value of 1.36 is 37.3% below this industry median. Based on the distribution chart, Bando Chemical Industries ranks #775 out of 2229 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Bando Chemical Industries has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bando Chemical Industries' Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Bando Chemical Industries ranks #775 out of 2229 companies for Cyclically Adjusted PB Ratio. This puts Bando Chemical Industries in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.17. Bando Chemical Industries' value of 1.36 is 37.3% below this benchmark. Historically, Bando Chemical Industries' own Cyclically Adjusted PB Ratio has ranged from 0.47 to 1.37 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 2.17, Bando Chemical Industries 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 Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.17, based on 2,229 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. Bando Chemical Industries's current Cyclically Adjusted PB Ratio of 1.36 is 37.3% 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 Bando Chemical Industries and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bando Chemical Industries's current Cyclically Adjusted PB Ratio is 1.36, which is 36% above median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bando Chemical Industries stock overvalued right now?
Based on GuruFocus' analysis, Bando Chemical Industries (TSE:5195) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,107.88, compared to a current price of 円2,474.00 — trading 17.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.36, which is 36% above median its 10-year median of 1.00 and 37.3% below the Industrial Products industry median of 2.17. Bando Chemical Industries' overall GF Score™ is 84/100 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 Bando Chemical Industries (TSE:5195), the current Cyclically Adjusted PB Ratio is 1.36 as of Aug. 13, 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 Bando Chemical Industries (TSE:5195) Overvalued in 2026?

Based on GuruFocus' analysis, Bando Chemical Industries stock appears to be overvalued. The current stock price of 円2,474.00 is trading 17.4% above its estimated GF Value™ of 円2,107.88. GuruFocus considers Bando Chemical Industries to be Modestly Overvalued.

Key valuation signals for TSE:5195:

  • Cyclically Adjusted PB Ratio: 1.36 (36% above median its 10-year median of 1.00)
  • GF Value™: 円2,107.88 vs. price of 円2,474.00 (17.4% above fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 37.3% below the Industrial Products median (#775 of 2229)

No single metric tells the full story. See the TSE:5195 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bando Chemical Industries Business Description

Address 6-6, Minatojima Minamimachi 4-chome, Chuo-ku, Kobe, JPN, 650-0047
Bando Chemical Industries Ltd manufactures and sells rubber and plastic products such as power transmission belts and systems, belts used in precision equipment, and multimedia parts made form urethane and resins. It operates its business under Belt, Advanced Elastomer Products, and Other segments. Belt segment manufactures and sells transmission belts for automobiles and general industry use, conveyor belts, resin conveyor belts, synchronous conveyor belts, transportation system products, hulling roll and railway track product, among others. Elastomer segment manufactures and sells polyurethane functional components, precision abrasives, films for building materials, medical films and industrial films, among others. Bando earns the majority of its revenue from Belt business.
84GF Score

Get the complete analysis for TSE:5195

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

円2,474.00
Price
円2,107.88
GF Value