YAMAX (TSE:5285) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

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.
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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:5285 YAMAX Corp TSE:5285
67 GF Score
Price 円1,343.00
GF Value 円1,816.08
Valuation Modestly Undervalued
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What is YAMAX Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


YAMAX  (TSE:5285) 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.


YAMAX Cyclically Adjusted PB Ratio Related Terms


YAMAX Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for YAMAX'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.

YAMAX Cyclically Adjusted PB Ratio Chart

YAMAX 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 0.71 0.99 3.57 2.39 2.35

YAMAX 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 3.09 3.50 3.13 2.49 2.08

TSE:5285 vs CRH, MLM, VMC: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, YAMAX'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.


YAMAX Cyclically Adjusted PB Ratio vs Building Materials Industry

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

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


TSE:5285
67GF Score
YAMAX Corp TSE:5285
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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YAMAX 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.

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

For example, YAMAX'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)
=991.502/113.6000*113.6000
=991.502

Current CPI (Jun. 2026) = 113.6000.

YAMAX Quarterly Data

Book Value per Share CPI Adj_Book
201609 333.068 98.000 386.087
201612 358.444 98.400 413.813
201703 396.660 98.100 459.333
201706 399.658 98.500 460.925
201709 400.874 98.800 460.924
201712 424.160 99.400 484.754
201803 432.981 99.200 495.833
201806 429.534 99.200 491.886
201809 432.303 99.900 491.588
201812 442.189 99.700 503.838
201903 459.723 99.700 523.817
201906 454.292 99.800 517.110
201909 449.790 100.100 510.451
201912 460.863 100.500 520.936
202003 459.030 100.300 519.898
202006 464.916 99.900 528.673
202009 468.132 99.900 532.330
202012 513.666 99.300 587.638
202103 523.632 99.900 595.441
202106 522.916 99.500 597.018
202109 537.578 100.100 610.079
202112 551.352 100.100 625.710
202203 551.934 101.100 620.175
202206 548.947 101.800 612.577
202209 567.462 103.100 625.254
202212 584.384 104.100 637.714
202303 598.497 104.400 651.238
202306 598.111 105.200 645.869
202309 632.227 106.200 676.280
202312 682.773 106.800 726.245
202403 725.748 107.200 769.076
202406 728.159 108.200 764.500
202409 764.708 108.900 797.712
202412 842.815 110.700 864.894
202503 889.478 111.100 909.493
202506 882.239 111.700 897.246
202509 932.032 112.000 945.347
202512 1,001.835 113.000 1,007.154
202603 1,047.902 112.700 1,056.270
202606 991.502 113.600 991.502

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.

Is YAMAX (TSE:5285) Overvalued in 2026?

Based on GuruFocus' analysis, YAMAX stock appears to be undervalued. The current stock price of 円1,343.00 is trading 26% below its estimated GF Value™ of 円1,816.08. GuruFocus considers YAMAX to be Modestly Undervalued.

Key valuation signals for TSE:5285:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円1,816.08 vs. price of 円1,343.00 (26% below fair value)
  • GF Score™: 67/100

No single metric tells the full story. See the TSE:5285 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


YAMAX Business Description

Address 3-9-5 Suizenji, Chuo-ku, Kumamoto Prefecture, Kumamoto, JPN
YAMAX Corp is engaged in the civil engineering cement and architectural concrete products. The company involves in the manufacture and sale of secondary concrete products for civil engineering, and sale and construction of associated products and materials. The company is also engaged in real estate-related businesses such as construction and sales of wooden houses, sales of real estate and development of housing sites.
67GF Score

Get the complete analysis for TSE:5285

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

円1,343.00
Price
円1,816.08
GF Value