Shinto Co (TSE:5380) Cyclically Adjusted PB Ratio: 0.20 (As of Aug. 04, 2026) — 23% Below 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:5380 Shinto Co Ltd TSE:5380
58 GF Score
Price 円1,046.00
GF Value 円1,060.54
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Shinto Co Cyclically Adjusted PB Ratio?

Shinto Co TSE:5380 +2.95% 58 Cyclically Adjusted PB Ratio is 0.20 as of Aug. 04, 2026, which is 23% below its 10-year median of 0.26. GuruFocus rates TSE:5380 with a GF Score™ of 58/100 and a GF Value™ of 円1,060.54 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,345 Construction companies, Shinto Co ranks better than 93.16% on this metric.

As of today (2026-08-04), Shinto Co's current share price is 円1046.00. Shinto Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was 円5,210.96. Shinto Co's Cyclically Adjusted PB Ratio for today is 0.20.

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

TSE:5380' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.26   Max: 0.59
Current: 0.21

During the past years, Shinto Co's highest Cyclically Adjusted PB Ratio was 0.59. The lowest was 0.17. And the median was 0.26.

TSE:5380's Cyclically Adjusted PB Ratio is ranked better than
93.16% of 1345 companies
in the Construction industry
Industry Median: 1.15 vs TSE:5380: 0.21

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.

Shinto Co's adjusted book value per share data for the three months ended in Dec. 2025 was 円4,593.119. 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5,210.96 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shinto Co  (TSE:5380) 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.


Shinto Co Cyclically Adjusted PB Ratio Related Terms


Shinto Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shinto 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.

Shinto Co Cyclically Adjusted PB Ratio Chart

Shinto Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.22 0.28 0.34 0.30

Shinto Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.29 0.30 0.33 0.31 0.00

TSE:5380 vs TT, JCI, CARR: Cyclically Adjusted PB Ratio Comparison

For the Building Products & Equipment subindustry, Shinto 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.


Shinto Co Cyclically Adjusted PB Ratio vs Construction Industry

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

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


TSE:5380
58GF Score
Shinto Co Ltd TSE:5380
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shinto 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1046.00/5210.96
=0.20

* 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.

Shinto Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Shinto Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=4593.119/113.0000*113.0000
=4,593.119

Current CPI (Dec. 2025) = 113.0000.

Shinto Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 4,866.850 98.100 5,606.056
201603 4,786.612 97.900 5,524.894
201606 4,848.867 98.100 5,585.341
201609 4,857.884 98.000 5,601.438
201612 4,977.321 98.400 5,715.826
201703 4,929.356 98.100 5,678.055
201706 4,922.251 98.500 5,646.846
201709 4,897.715 98.800 5,601.638
201712 4,326.679 99.400 4,918.659
201803 4,833.605 99.200 5,506.022
201806 4,732.935 99.200 5,391.347
201809 4,645.397 99.900 5,254.553
201812 4,716.853 99.700 5,346.082
201903 4,698.537 99.700 5,325.323
201906 4,723.516 99.800 5,348.270
201909 4,701.746 100.100 5,307.665
201912 4,751.573 100.500 5,342.565
202003 4,692.229 100.300 5,286.360
202006 4,719.999 99.900 5,338.938
202009 4,590.768 99.900 5,192.761
202012 4,624.411 99.300 5,262.421
202103 4,648.880 99.900 5,258.493
202106 4,689.455 99.500 5,325.713
202109 4,677.864 100.100 5,280.706
202112 4,693.614 100.100 5,298.485
202203 4,666.412 101.100 5,215.673
202206 4,661.984 101.800 5,174.894
202209 4,654.506 103.100 5,101.447
202212 4,694.201 104.100 5,095.530
202303 4,674.573 104.400 5,059.643
202306 4,680.007 105.200 5,027.004
202309 4,667.732 106.200 4,966.607
202312 4,652.138 106.800 4,922.206
202403 4,648.045 107.200 4,899.525
202406 4,569.000 108.200 4,771.691
202412 4,606.959 110.700 4,702.677
202503 4,592.627 111.100 4,671.169
202506 4,619.007 111.700 4,672.764
202509 4,579.044 112.000 4,619.928
202512 4,593.119 113.000 4,593.119

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 0.20 mean?
Shinto Co (TSE:5380) has a Cyclically Adjusted PB Ratio of 0.20 as of Aug. 04, 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 Shinto Co and its competitors. This is 23% below median its historical median of 0.26. Over the past decade, Shinto Co's Cyclically Adjusted PB Ratio has ranged from 0.17 to 0.59. According to the industry distribution chart, Shinto Co ranks #92 out of 1345 companies in the Construction industry, placing it in the top 6.8%.
Is Shinto Co's Cyclically Adjusted PB Ratio too high?
Shinto Co's current Cyclically Adjusted PB Ratio of 0.20 is 23% below median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.59. The Construction industry median Cyclically Adjusted PB Ratio is 1.15. Shinto Co's value of 0.20 is 82.6% below this industry median. Based on the distribution chart, Shinto Co ranks #92 out of 1345 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Shinto Co has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shinto Co's Cyclically Adjusted PB Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Shinto Co ranks #92 out of 1345 companies for Cyclically Adjusted PB Ratio. This places Shinto Co in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.15. Shinto Co's value of 0.20 is 82.6% below this benchmark. Historically, Shinto Co's own Cyclically Adjusted PB Ratio has ranged from 0.17 to 0.59 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 1.15, Shinto Co 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.15, based on 1,345 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. Shinto Co's current Cyclically Adjusted PB Ratio of 0.20 is 82.6% 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 Shinto Co and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinto Co's current Cyclically Adjusted PB Ratio is 0.20, which is 23% below median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinto Co stock overvalued right now?
Based on GuruFocus' analysis, Shinto Co (TSE:5380) is currently considered Fairly Valued. The stock's GF Value™ is 円1,060.54, compared to a current price of 円1,046.00 — trading 1.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.20, which is 23% below median its 10-year median of 0.26 and 82.6% below the Construction industry median of 1.15. Shinto Co's overall GF Score™ is 58/100 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 Shinto Co (TSE:5380), the current Cyclically Adjusted PB Ratio is 0.20 as of Aug. 04, 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 Shinto Co (TSE:5380) Overvalued in 2026?

Based on GuruFocus' analysis, Shinto Co stock appears to be undervalued. The current stock price of 円1,046.00 is trading 1.4% below its estimated GF Value™ of 円1,060.54. GuruFocus considers Shinto Co to be Fairly Valued.

Key valuation signals for TSE:5380:

  • Cyclically Adjusted PB Ratio: 0.20 (23% below median its 10-year median of 0.26)
  • GF Value™: 円1,060.54 vs. price of 円1,046.00 (1.4% below fair value)
  • GF Score™: 58/100 with 3 warning signs
  • Industry Position: 82.6% below the Construction median (#92 of 1345)

No single metric tells the full story. See the TSE:5380 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinto Co Business Description

Other Exchanges 5380:Japan
Address 4-7-2 Ronjicho, 4-chome, Aichi Prefecture, Takahama, JPN, 444-1314
Shinto Co Ltd is engaged in the manufacture and sale of clay roofing tiles and roofing construction work. The group operates in the operates in a single segment: roof tile manufacturing and sales.
58GF Score

Get the complete analysis for TSE:5380

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

円1,046.00
Price
円1,060.54
GF Value