Mitani Sekisan Co (TSE:5273) Cyclically Adjusted PB Ratio: 2.07 (As of Sep. 14, 2026) — 14% Above Median

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TSE:5273 Mitani Sekisan Co Ltd TSE:5273
88 GF Score
Price 円1,998.00
GF Value 円1,829.21
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Mitani Sekisan Co Cyclically Adjusted PB Ratio?

Mitani Sekisan Co TSE:5273 +1.68% 88 Cyclically Adjusted PB Ratio is 2.07 as of Sep. 14, 2026, which is 14% above its 10-year median of 1.81. GuruFocus rates TSE:5273 with a GF Score™ of 88/100 and a GF Value™ of 円1,829.21 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,239 Construction companies, Mitani Sekisan Co ranks worse than 68.52% on this metric.

As of today (2026-09-14), Mitani Sekisan Co's current share price is 円1998.00. Mitani Sekisan Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円963.47. Mitani Sekisan Co's Cyclically Adjusted PB Ratio for today is 2.07.

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

TSE:5273' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.3   Med: 1.81   Max: 3.44
Current: 2.07

During the past years, Mitani Sekisan Co's highest Cyclically Adjusted PB Ratio was 3.44. The lowest was 1.30. And the median was 1.81.

TSE:5273's Cyclically Adjusted PB Ratio is ranked worse than
68.52% of 1239 companies
in the Construction industry
Industry Median: 1.14 vs TSE:5273: 2.07

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.

Mitani Sekisan Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,446.194. 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963.47 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitani Sekisan Co  (TSE:5273) 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.


Mitani Sekisan Co Cyclically Adjusted PB Ratio Related Terms


Mitani Sekisan Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mitani Sekisan 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.

Mitani Sekisan Co Cyclically Adjusted PB Ratio Chart

Mitani Sekisan Co 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 2.72 1.70 2.05 1.85 1.81

Mitani Sekisan Co 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 2.28 2.39 2.17 1.81 0.00

TSE:5273 vs TT, JCI, CARR: Cyclically Adjusted PB Ratio Comparison

For the Building Products & Equipment subindustry, Mitani Sekisan 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.


Mitani Sekisan Co Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Mitani Sekisan Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:5273
88GF Score
Mitani Sekisan Co Ltd TSE:5273
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitani Sekisan 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.

Mitani Sekisan Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1998.00/963.47
=2.07

* 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.

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

For example, Mitani Sekisan Co'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)
=1446.194/112.7000*112.7000
=1,446.194

Current CPI (Mar. 2026) = 112.7000.

Mitani Sekisan Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 506.479 98.100 581.857
201609 521.940 98.000 600.231
201612 536.608 98.400 614.591
201703 557.219 98.100 640.149
201706 580.109 98.500 663.739
201709 590.516 98.800 673.595
201712 650.794 99.400 737.872
201803 638.533 99.200 725.430
201806 658.308 99.200 747.896
201809 684.116 99.900 771.771
201812 703.575 99.700 795.315
201903 721.239 99.700 815.282
201906 732.386 99.800 827.053
201909 745.917 100.100 839.809
201912 784.308 100.500 879.518
202003 777.355 100.300 873.459
202006 822.509 99.900 927.896
202009 833.857 99.900 940.698
202012 853.752 99.300 968.961
202103 875.463 99.900 987.634
202106 895.494 99.500 1,014.293
202109 930.469 100.100 1,047.591
202112 916.653 100.100 1,032.036
202203 909.054 101.100 1,013.357
202206 890.936 101.800 986.331
202209 899.232 103.100 982.963
202212 902.482 104.100 977.039
202303 950.228 104.400 1,025.773
202306 975.793 105.200 1,045.360
202309 1,008.479 106.200 1,070.203
202312 1,111.480 106.800 1,172.882
202403 1,133.767 107.200 1,191.936
202406 1,122.363 108.200 1,169.042
202409 1,151.018 108.900 1,191.182
202412 1,214.915 110.700 1,236.865
202503 1,247.465 111.100 1,265.430
202506 1,297.614 111.700 1,309.231
202509 1,344.275 112.000 1,352.677
202512 1,399.448 113.000 1,395.733
202603 1,446.194 112.700 1,446.194

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 2.07 mean?
Mitani Sekisan Co (TSE:5273) has a Cyclically Adjusted PB Ratio of 2.07 as of Sep. 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 Mitani Sekisan Co and its competitors. This is 14% above median its historical median of 1.81. Over the past decade, Mitani Sekisan Co's Cyclically Adjusted PB Ratio has ranged from 1.30 to 3.44. According to the industry distribution chart, Mitani Sekisan Co ranks #849 out of 1239 companies in the Construction industry, placing it in the top 68.5%.
Is Mitani Sekisan Co's Cyclically Adjusted PB Ratio too high?
Mitani Sekisan Co's current Cyclically Adjusted PB Ratio of 2.07 is 14% above median its 10-year median of 1.81. Over the past 10 years, this metric has ranged from a low of 1.30 to a high of 3.44. The Construction industry median Cyclically Adjusted PB Ratio is 1.14. Mitani Sekisan Co's value of 2.07 is 81.6% above this industry median. Based on the distribution chart, Mitani Sekisan Co ranks #849 out of 1239 companies in the Construction industry, which is below the industry midpoint. Overall, Mitani Sekisan Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mitani Sekisan Co's Cyclically Adjusted PB Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Mitani Sekisan Co ranks #849 out of 1239 companies for Cyclically Adjusted PB Ratio. This places Mitani Sekisan Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.14. Mitani Sekisan Co's value of 2.07 is 81.6% above this benchmark. Historically, Mitani Sekisan Co's own Cyclically Adjusted PB Ratio has ranged from 1.30 to 3.44 over the past decade. While the company's 10-year median is 1.81 vs. the industry median of 1.14, Mitani Sekisan Co has consistently been above 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.14, based on 1,239 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. Mitani Sekisan Co's current Cyclically Adjusted PB Ratio of 2.07 is 81.6% above 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 Mitani Sekisan Co and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitani Sekisan Co's current Cyclically Adjusted PB Ratio is 2.07, which is 14% above median its own 10-year median of 1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitani Sekisan Co stock overvalued right now?
Based on GuruFocus' analysis, Mitani Sekisan Co (TSE:5273) is currently considered Fairly Valued. The stock's GF Value™ is 円1,829.21, compared to a current price of 円1,998.00 — trading 9.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.07, which is 14% above median its 10-year median of 1.81 and 81.6% above the Construction industry median of 1.14. Mitani Sekisan Co's overall GF Score™ is 88/100 with 1 warning sign 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 Mitani Sekisan Co (TSE:5273), the current Cyclically Adjusted PB Ratio is 2.07 as of Sep. 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 Mitani Sekisan Co (TSE:5273) Overvalued in 2026?

Based on GuruFocus' analysis, Mitani Sekisan Co stock appears to be overvalued. The current stock price of 円1,998.00 is trading 9.2% above its estimated GF Value™ of 円1,829.21. GuruFocus considers Mitani Sekisan Co to be Fairly Valued.

Key valuation signals for TSE:5273:

  • Cyclically Adjusted PB Ratio: 2.07 (14% above median its 10-year median of 1.81)
  • GF Value™: 円1,829.21 vs. price of 円1,998.00 (9.2% above fair value)
  • GF Score™: 88/100 with 1 warning sign
  • Industry Position: 81.6% above the Construction median (#849 of 1239)

No single metric tells the full story. See the TSE:5273 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitani Sekisan Co Business Description

Address 1-3-1 Toyoshima, Mitani Building, Fukui-shi, Fukui, JPN, 910-8571
Mitani Sekisan Co Ltd is a Japanese company. It is engaged in the production and sales of concrete secondary products, manufacture, and sale of gravel products, foundation work, and rental for revetment. The company focuses on manufacturing gravel and stones which are used for civil engineering construction, railway tracking and pavement roadbed materials, raw concrete and various concrete secondary products, aggregates of asphalt composite material and construction materials. It also produces concrete piles and poles and environmental products. The Information-Related Business deals with computer peripheral sales and consigned software production.
88GF Score

Get the complete analysis for TSE:5273

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

円1,998.00
Price
円1,829.21
GF Value