YAMAX (TSE:5285) Cyclically Adjusted PB Ratio: 2.20 (As of Aug. 06, 2026) — 175% Above Median

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TSE:5285 YAMAX Corp TSE:5285
72 GF Score
Price 円1,444.00
GF Value 円1,748.79
Valuation Modestly Undervalued
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What is YAMAX Cyclically Adjusted PB Ratio?

YAMAX TSE:5285 -2.83% 72 Cyclically Adjusted PB Ratio is 2.20 as of Aug. 06, 2026, which is 175% above its 10-year median of 0.80. GuruFocus rates TSE:5285 with a GF Score™ of 72/100 and a GF Value™ of 円1,748.79 (Modestly Undervalued). Among 314 Building Materials companies, YAMAX ranks worse than 71.97% on this metric.

As of today (2026-08-06), YAMAX's current share price is 円1444.00. YAMAX's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was 円656.66. YAMAX's Cyclically Adjusted PB Ratio for today is 2.20.

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

TSE:5285' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.8   Max: 3.97
Current: 2.02

During the past 13 years, YAMAX's highest Cyclically Adjusted PB Ratio was 3.97. The lowest was 0.35. And the median was 0.80.

TSE:5285's Cyclically Adjusted PB Ratio is ranked worse than
71.97% of 314 companies
in the Building Materials industry
Industry Median: 0.97 vs TSE:5285: 2.02

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.

YAMAX's adjusted book value per share data of for the fiscal year that ended in Mar26 was 円1,048.465. 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656.66 for the trailing ten years ended in Mar26.

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 0.70 0.99 3.56 2.39 2.34

YAMAX Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 3.56 2.35 2.39 0.00 2.34

TSE:5285 vs CRH, VMC, MLM: 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
72GF Score
YAMAX Corp TSE:5285
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1444.00/656.66
=2.20

* 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's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, YAMAX's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=1048.465/112.7000*112.7000
=1,048.465

Current CPI (Mar26) = 112.7000.

YAMAX Annual Data

Book Value per Share CPI Adj_Book
201703 396.653 98.100 455.686
201803 432.895 99.200 491.807
201903 459.632 99.700 519.564
202003 472.934 100.300 531.402
202103 524.104 99.900 591.256
202203 551.984 101.100 615.317
202303 598.880 104.400 646.492
202403 726.330 107.200 763.595
202503 890.194 111.100 903.014
202603 1,048.465 112.700 1,048.465

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 2.20 mean?
YAMAX (TSE:5285) has a Cyclically Adjusted PB Ratio of 2.20 as of Aug. 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 YAMAX and its competitors. This is 175% above median its historical median of 0.80. Over the past decade, YAMAX's Cyclically Adjusted PB Ratio has ranged from 0.35 to 3.97. According to the industry distribution chart, YAMAX ranks #226 out of 314 companies in the Building Materials industry, placing it in the top 72%.
Is YAMAX's Cyclically Adjusted PB Ratio too high?
YAMAX's current Cyclically Adjusted PB Ratio of 2.20 is 175% above median its 10-year median of 0.80. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 3.97. The Building Materials industry median Cyclically Adjusted PB Ratio is 0.97. YAMAX's value of 2.20 is 126.8% above this industry median. Based on the distribution chart, YAMAX ranks #226 out of 314 companies in the Building Materials industry, which is below the industry midpoint. Overall, YAMAX has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does YAMAX's Cyclically Adjusted PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, YAMAX ranks #226 out of 314 companies for Cyclically Adjusted PB Ratio. This places YAMAX in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.97. YAMAX's value of 2.20 is 126.8% above this benchmark. Historically, YAMAX's own Cyclically Adjusted PB Ratio has ranged from 0.35 to 3.97 over the past decade. While the company's 10-year median is 0.80 vs. the industry median of 0.97, YAMAX 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 Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 0.97, based on 314 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. YAMAX's current Cyclically Adjusted PB Ratio of 2.20 is 126.8% 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 YAMAX and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. YAMAX's current Cyclically Adjusted PB Ratio is 2.20, which is 175% above median its own 10-year median of 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YAMAX stock overvalued right now?
Based on GuruFocus' analysis, YAMAX (TSE:5285) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,748.79, compared to a current price of 円1,444.00 — trading 17.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.20, which is 175% above median its 10-year median of 0.80 and 126.8% above the Building Materials industry median of 0.97. YAMAX's overall GF Score™ is 72/100. 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 YAMAX (TSE:5285), the current Cyclically Adjusted PB Ratio is 2.20 as of Aug. 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 YAMAX (TSE:5285) Overvalued in 2026?

Based on GuruFocus' analysis, YAMAX stock appears to be undervalued. The current stock price of 円1,444.00 is trading 17.4% below its estimated GF Value™ of 円1,748.79. GuruFocus considers YAMAX to be Modestly Undervalued.

Key valuation signals for TSE:5285:

  • Cyclically Adjusted PB Ratio: 2.20 (175% above median its 10-year median of 0.80)
  • GF Value™: 円1,748.79 vs. price of 円1,444.00 (17.4% below fair value)
  • GF Score™: 72/100
  • Industry Position: 126.8% above the Building Materials median (#226 of 314)

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.
72GF 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1,444.00
Price
円1,748.79
GF Value