Mipox (TSE:5381) Cyclically Adjusted PB Ratio: 1.84 (As of Aug. 16, 2026) — 66% Above Median

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TSE:5381 Mipox Corp TSE:5381
65 GF Score
Price 円964.00
GF Value 円712.71
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Mipox Cyclically Adjusted PB Ratio?

Mipox TSE:5381 -0.92% 65 Cyclically Adjusted PB Ratio is 1.84 as of Aug. 16, 2026, which is 66% above its 10-year median of 1.11. GuruFocus rates TSE:5381 with a GF Score™ of 65/100 and a GF Value™ of 円712.71 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,203 Chemicals companies, Mipox ranks worse than 53.7% on this metric.

As of today (2026-08-16), Mipox's current share price is 円964.00. Mipox's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円524.85. Mipox's Cyclically Adjusted PB Ratio for today is 1.84.

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

TSE:5381' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 1.11   Max: 2.85
Current: 1.84

During the past years, Mipox's highest Cyclically Adjusted PB Ratio was 2.85. The lowest was 0.45. And the median was 1.11.

TSE:5381's Cyclically Adjusted PB Ratio is ranked worse than
53.7% of 1203 companies
in the Chemicals industry
Industry Median: 1.68 vs TSE:5381: 1.84

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.

Mipox's adjusted book value per share data for the three months ended in Mar. 2026 was 円642.175. 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524.85 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mipox  (TSE:5381) 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.


Mipox Cyclically Adjusted PB Ratio Related Terms


Mipox Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mipox'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.

Mipox Cyclically Adjusted PB Ratio Chart

Mipox 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 2.44 1.20 1.25 1.15 1.56

Mipox Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 1.15 1.00 0.86 0.85 1.56

TSE:5381 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Mipox'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.


Mipox Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


TSE:5381
65GF Score
Mipox Corp TSE:5381
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mipox 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.

Mipox's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=964.00/524.85
=1.84

* 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.

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

For example, Mipox'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)
=642.175/112.7000*112.7000
=642.175

Current CPI (Mar. 2026) = 112.7000.

Mipox Quarterly Data

Book Value per Share CPI Adj_Book
201603 485.340 97.900 558.711
201606 451.179 98.100 518.327
201609 431.077 98.000 495.739
201612 459.178 98.400 525.908
201703 439.554 98.100 504.972
201706 443.184 98.500 507.074
201709 449.363 98.800 512.583
201712 469.573 99.400 532.403
201803 463.544 99.200 526.627
201806 464.820 99.200 528.077
201809 463.963 99.900 523.410
201812 460.300 99.700 520.319
201903 378.265 99.700 427.587
201906 353.937 99.800 399.686
201909 347.365 100.100 391.089
201912 346.876 100.500 388.984
202003 348.092 100.300 391.126
202006 344.920 99.900 389.114
202009 356.888 99.900 402.615
202012 350.688 99.300 398.011
202103 368.424 99.900 415.629
202106 398.813 99.500 451.721
202109 420.817 100.100 473.787
202112 497.340 100.100 559.942
202203 568.248 101.100 633.448
202206 580.473 101.800 642.626
202209 601.873 103.100 657.915
202212 569.222 104.100 616.247
202303 561.679 104.400 606.334
202306 537.954 105.200 576.306
202309 525.679 106.200 557.853
202312 524.964 106.800 553.965
202403 525.600 107.200 552.566
202406 563.216 108.200 586.640
202409 565.912 108.900 585.659
202503 594.384 111.100 602.944
202506 584.171 111.700 589.401
202509 609.849 112.000 613.661
202512 634.412 113.000 632.728
202603 642.175 112.700 642.175

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 1.84 mean?
Mipox (TSE:5381) has a Cyclically Adjusted PB Ratio of 1.84 as of Aug. 16, 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 Mipox and its competitors. This is 66% above median its historical median of 1.11. Over the past decade, Mipox's Cyclically Adjusted PB Ratio has ranged from 0.45 to 2.85. According to the industry distribution chart, Mipox ranks #646 out of 1203 companies in the Chemicals industry, placing it in the top 53.7%.
Is Mipox's Cyclically Adjusted PB Ratio too high?
Mipox's current Cyclically Adjusted PB Ratio of 1.84 is 66% above median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 2.85. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.68. Mipox's value of 1.84 is 9.5% above this industry median. Based on the distribution chart, Mipox ranks #646 out of 1203 companies in the Chemicals industry, which is below the industry midpoint. Overall, Mipox has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mipox's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Mipox ranks #646 out of 1203 companies for Cyclically Adjusted PB Ratio. This places Mipox in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.68. Mipox's value of 1.84 is 9.5% above this benchmark. Historically, Mipox's own Cyclically Adjusted PB Ratio has ranged from 0.45 to 2.85 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 1.68, Mipox 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.68, based on 1,203 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. Mipox's current Cyclically Adjusted PB Ratio of 1.84 is 9.5% 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 Mipox and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mipox's current Cyclically Adjusted PB Ratio is 1.84, which is 66% above median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mipox stock overvalued right now?
Based on GuruFocus' analysis, Mipox (TSE:5381) is currently considered Significantly Overvalued. The stock's GF Value™ is 円712.71, compared to a current price of 円964.00 — trading 35.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.84, which is 66% above median its 10-year median of 1.11 and 9.5% above the Chemicals industry median of 1.68. Mipox's overall GF Score™ is 65/100 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 Mipox (TSE:5381), the current Cyclically Adjusted PB Ratio is 1.84 as of Aug. 16, 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 Mipox (TSE:5381) Overvalued in 2026?

Based on GuruFocus' analysis, Mipox stock appears to be overvalued. The current stock price of 円964.00 is trading 35.3% above its estimated GF Value™ of 円712.71. GuruFocus considers Mipox to be Significantly Overvalued.

Key valuation signals for TSE:5381:

  • Cyclically Adjusted PB Ratio: 1.84 (66% above median its 10-year median of 1.11)
  • GF Value™: 円712.71 vs. price of 円964.00 (35.3% above fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 9.5% above the Chemicals median (#646 of 1203)

No single metric tells the full story. See the TSE:5381 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mipox Business Description

Address 18 Satsukicho, Tochigi Prefecture, Kanuma, JPN, 322-0014
Mipox Corp is engaged in manufacturing of polishing film, abrasive paper, abrasive cloth, liquid abrasive, polishing equipment and polishing-related products.
65GF Score

Get the complete analysis for TSE:5381

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

円964.00
Price
円712.71
GF Value