Godo Steel (TSE:5410) Cyclically Adjusted PB Ratio: 0.38 (As of Aug. 16, 2026) — Near Median

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TSE:5410 Godo Steel Ltd TSE:5410
64 GF Score
Price 円2,965.00
GF Value 円3,576.57
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Godo Steel Cyclically Adjusted PB Ratio?

Godo Steel TSE:5410 +1.37% 64 Cyclically Adjusted PB Ratio is 0.38 as of Aug. 16, 2026, which is 5% below its 10-year median of 0.40. GuruFocus rates TSE:5410 with a GF Score™ of 64/100 and a GF Value™ of 円3,576.57 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 477 Steel companies, Godo Steel ranks better than 77.78% on this metric.

As of today (2026-08-16), Godo Steel's current share price is 円2965.00. Godo Steel's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円7,754.03. Godo Steel's Cyclically Adjusted PB Ratio for today is 0.38.

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

TSE:5410' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.4   Max: 0.92
Current: 0.38

During the past years, Godo Steel's highest Cyclically Adjusted PB Ratio was 0.92. The lowest was 0.21. And the median was 0.40.

TSE:5410's Cyclically Adjusted PB Ratio is ranked better than
77.78% of 477 companies
in the Steel industry
Industry Median: 0.86 vs TSE:5410: 0.38

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.

Godo Steel's adjusted book value per share data for the three months ended in Mar. 2026 was 円9,832.125. 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7,754.03 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Godo Steel  (TSE:5410) 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.


Godo Steel Cyclically Adjusted PB Ratio Related Terms


Godo Steel Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Godo Steel'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.

Godo Steel Cyclically Adjusted PB Ratio Chart

Godo Steel 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 0.22 0.55 0.86 0.53 0.47

Godo Steel 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 0.51 0.53 0.51 0.47 0.00

TSE:5410 vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, Godo Steel'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.


Godo Steel Cyclically Adjusted PB Ratio vs Steel Industry

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

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


TSE:5410
64GF Score
Godo Steel Ltd TSE:5410
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Godo Steel 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.

Godo Steel's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2965.00/7754.03
=0.38

* 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.

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

For example, Godo Steel'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)
=9832.125/112.7000*112.7000
=9,832.125

Current CPI (Mar. 2026) = 112.7000.

Godo Steel Quarterly Data

Book Value per Share CPI Adj_Book
201606 5,228.288 98.100 6,006.402
201609 5,315.264 98.000 6,112.554
201612 5,424.576 98.400 6,212.904
201703 5,780.618 98.100 6,640.934
201706 5,787.726 98.500 6,622.099
201709 5,858.324 98.800 6,682.521
201712 5,931.998 99.400 6,725.716
201803 6,039.574 99.200 6,861.492
201806 6,057.754 99.200 6,882.146
201809 6,139.840 99.900 6,926.526
201812 6,014.285 99.700 6,798.495
201903 6,119.070 99.700 6,916.943
201906 6,192.071 99.800 6,992.449
201909 6,232.673 100.100 7,017.205
201912 6,401.230 100.500 7,178.295
202003 6,486.294 100.300 7,288.189
202006 6,588.694 99.900 7,432.891
202009 6,703.602 99.900 7,562.522
202012 6,781.325 99.300 7,696.428
202103 6,855.414 99.900 7,733.785
202106 6,789.513 99.500 7,690.232
202109 6,750.000 100.100 7,599.650
202112 6,727.235 100.100 7,574.020
202203 6,744.787 101.100 7,518.670
202206 6,754.632 101.800 7,477.869
202209 6,982.840 103.100 7,633.037
202212 7,257.401 104.100 7,856.956
202303 7,654.133 104.400 8,262.651
202306 7,926.506 105.200 8,491.609
202309 8,204.827 106.200 8,707.006
202312 8,334.131 106.800 8,794.537
202403 8,764.103 107.200 9,213.754
202406 8,790.769 108.200 9,156.374
202409 8,839.111 108.900 9,147.546
202412 8,996.923 110.700 9,159.469
202503 9,182.769 111.100 9,315.014
202506 9,257.385 111.700 9,340.262
202509 9,478.734 112.000 9,537.976
202512 9,587.527 113.000 9,562.073
202603 9,832.125 112.700 9,832.125

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 0.38 mean?
Godo Steel (TSE:5410) has a Cyclically Adjusted PB Ratio of 0.38 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 Godo Steel and its competitors. This is near median its historical median of 0.40. Over the past decade, Godo Steel's Cyclically Adjusted PB Ratio has ranged from 0.21 to 0.92. According to the industry distribution chart, Godo Steel ranks #106 out of 477 companies in the Steel industry, placing it in the top 22.2%.
Is Godo Steel's Cyclically Adjusted PB Ratio too high?
Godo Steel's current Cyclically Adjusted PB Ratio of 0.38 is near median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 0.92. The Steel industry median Cyclically Adjusted PB Ratio is 0.86. Godo Steel's value of 0.38 is 55.8% below this industry median. Based on the distribution chart, Godo Steel ranks #106 out of 477 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Godo Steel has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Godo Steel's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Godo Steel ranks #106 out of 477 companies for Cyclically Adjusted PB Ratio. This places Godo Steel in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.86. Godo Steel's value of 0.38 is 55.8% below this benchmark. Historically, Godo Steel's own Cyclically Adjusted PB Ratio has ranged from 0.21 to 0.92 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 0.86, Godo Steel 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 Steel company?
The median Cyclically Adjusted PB Ratio among Steel companies is 0.86, based on 477 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. Godo Steel's current Cyclically Adjusted PB Ratio of 0.38 is 55.8% 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 Godo Steel and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Godo Steel's current Cyclically Adjusted PB Ratio is 0.38, which is near median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Godo Steel stock overvalued right now?
Based on GuruFocus' analysis, Godo Steel (TSE:5410) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,576.57, compared to a current price of 円2,965.00 — trading 17.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.38, which is near median its 10-year median of 0.40 and 55.8% below the Steel industry median of 0.86. Godo Steel's overall GF Score™ is 64/100 with 2 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 Godo Steel (TSE:5410), the current Cyclically Adjusted PB Ratio is 0.38 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 Godo Steel (TSE:5410) Overvalued in 2026?

Based on GuruFocus' analysis, Godo Steel stock appears to be undervalued. The current stock price of 円2,965.00 is trading 17.1% below its estimated GF Value™ of 円3,576.57. GuruFocus considers Godo Steel to be Modestly Undervalued.

Key valuation signals for TSE:5410:

  • Cyclically Adjusted PB Ratio: 0.38 (near median its 10-year median of 0.40)
  • GF Value™: 円3,576.57 vs. price of 円2,965.00 (17.1% below fair value)
  • GF Score™: 64/100 with 2 warning signs
  • Industry Position: 55.8% below the Steel median (#106 of 477)

No single metric tells the full story. See the TSE:5410 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Godo Steel Business Description

Address Toyobo Building 8th Floor, 2-2-8Doujima-hama Kita-ku, Osaka-shi, Osaka, JPN, 5300004
Godo Steel Ltd manufactures and sells steel products in Japan and internationally. The company offers wire rods for tire chains, stapler needles, and fencing applications; large and middle shapes that are used in construction, civil engineering, and other sectors; structural bars, which are used as materials for making parts of construction and industrial machinery, ships, and other equipment; and rails. It also provides deformed bars that are used as construction and civil engineering materials; EG joints and anchor plates; and billets. In addition, the company offers reinforcing bars, wire products, firebricks, and ballasts; trucking services; and industrial waste disposal services.
64GF Score

Get the complete analysis for TSE:5410

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

円2,965.00
Price
円3,576.57
GF Value