TOKYO TEKKO Co (TSE:5445) Cyclically Adjusted PB Ratio: 1.08 (As of Aug. 12, 2026) — 140% Above Median

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TSE:5445 TOKYO TEKKO Co Ltd TSE:5445
62 GF Score
Price 円1,966.00
GF Value 円1,666.53
Valuation Modestly Overvalued
! 1 Warning Sign
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What is TOKYO TEKKO Co Cyclically Adjusted PB Ratio?

TOKYO TEKKO Co TSE:5445 +0.56% 62 Cyclically Adjusted PB Ratio is 1.08 as of Aug. 12, 2026, which is 140% above its 10-year median of 0.45. GuruFocus rates TSE:5445 with a GF Score™ of 62/100 and a GF Value™ of 円1,666.53 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 499 Steel companies, TOKYO TEKKO Co ranks worse than 55.11% on this metric.

As of today (2026-08-12), TOKYO TEKKO Co's current share price is 円1966.00. TOKYO TEKKO Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,824.20. TOKYO TEKKO Co's Cyclically Adjusted PB Ratio for today is 1.08.

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

TSE:5445' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.45   Max: 1.35
Current: 1.08

During the past years, TOKYO TEKKO Co's highest Cyclically Adjusted PB Ratio was 1.35. The lowest was 0.24. And the median was 0.45.

TSE:5445's Cyclically Adjusted PB Ratio is ranked worse than
55.11% of 499 companies
in the Steel industry
Industry Median: 0.92 vs TSE:5445: 1.08

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.

TOKYO TEKKO Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円2,506.188. 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1,824.20 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TOKYO TEKKO Co  (TSE:5445) 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.


TOKYO TEKKO Co Cyclically Adjusted PB Ratio Related Terms


TOKYO TEKKO Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for TOKYO TEKKO 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.

TOKYO TEKKO Co Cyclically Adjusted PB Ratio Chart

TOKYO TEKKO Co 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 0.31 0.39 1.10 1.12 1.09

TOKYO TEKKO Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 1.04 1.09 1.14 1.09 0.00

TSE:5445 vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, TOKYO TEKKO 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.


TOKYO TEKKO Co Cyclically Adjusted PB Ratio vs Steel Industry

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

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


TSE:5445
62GF Score
TOKYO TEKKO Co Ltd TSE:5445
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TOKYO TEKKO 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1966.00/1824.20
=1.08

* 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.

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

For example, TOKYO TEKKO Co'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)
=2506.188/112.7000*112.7000
=2,506.188

Current CPI (Mar. 2026) = 112.7000.

TOKYO TEKKO Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 1,343.405 97.900 1,546.494
201606 1,331.391 98.100 1,529.539
201609 1,339.412 98.000 1,540.324
201612 1,359.263 98.400 1,556.798
201703 1,345.802 98.100 1,546.095
201706 1,341.110 98.500 1,534.448
201709 1,335.032 98.800 1,522.855
201712 1,319.135 99.400 1,495.639
201803 1,310.024 99.200 1,488.303
201806 1,386.698 99.200 1,575.412
201809 1,379.057 99.900 1,555.753
201812 1,366.202 99.700 1,544.343
201903 1,404.632 99.700 1,587.784
201906 1,432.436 99.800 1,617.591
201909 1,461.921 100.100 1,645.939
201912 1,515.171 100.500 1,699.102
202003 1,538.261 100.300 1,728.435
202006 1,591.122 99.900 1,794.989
202009 1,656.814 99.900 1,869.098
202012 1,695.093 99.300 1,923.837
202103 1,714.847 99.900 1,934.567
202106 1,697.049 99.500 1,922.185
202109 1,736.308 100.100 1,954.864
202112 1,720.992 100.100 1,937.620
202203 1,563.910 101.100 1,743.350
202206 1,558.703 101.800 1,725.598
202209 1,601.507 103.100 1,750.629
202212 1,641.245 104.100 1,776.833
202303 1,702.135 104.400 1,837.458
202306 1,738.454 105.200 1,862.393
202309 1,818.735 106.200 1,930.051
202312 1,881.222 106.800 1,985.147
202403 1,997.067 107.200 2,099.528
202406 2,018.391 108.200 2,102.335
202409 2,110.617 108.900 2,184.266
202503 2,288.080 111.100 2,321.032
202506 2,278.240 111.700 2,298.636
202509 2,388.519 112.000 2,403.447
202512 2,395.304 113.000 2,388.945
202603 2,506.188 112.700 2,506.188

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 1.08 mean?
TOKYO TEKKO Co (TSE:5445) has a Cyclically Adjusted PB Ratio of 1.08 as of Aug. 12, 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 TOKYO TEKKO Co and its competitors. This is 140% above median its historical median of 0.45. Over the past decade, TOKYO TEKKO Co's Cyclically Adjusted PB Ratio has ranged from 0.24 to 1.35. According to the industry distribution chart, TOKYO TEKKO Co ranks #275 out of 499 companies in the Steel industry, placing it in the top 55.1%.
Is TOKYO TEKKO Co's Cyclically Adjusted PB Ratio too high?
TOKYO TEKKO Co's current Cyclically Adjusted PB Ratio of 1.08 is 140% above median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 1.35. The Steel industry median Cyclically Adjusted PB Ratio is 0.92. TOKYO TEKKO Co's value of 1.08 is 17.4% above this industry median. Based on the distribution chart, TOKYO TEKKO Co ranks #275 out of 499 companies in the Steel industry, which is below the industry midpoint. Overall, TOKYO TEKKO Co has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOKYO TEKKO Co's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, TOKYO TEKKO Co ranks #275 out of 499 companies for Cyclically Adjusted PB Ratio. This places TOKYO TEKKO Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.92. TOKYO TEKKO Co's value of 1.08 is 17.4% above this benchmark. Historically, TOKYO TEKKO Co's own Cyclically Adjusted PB Ratio has ranged from 0.24 to 1.35 over the past decade. While the company's 10-year median is 0.45 vs. the industry median of 0.92, TOKYO TEKKO Co 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 Steel company?
The median Cyclically Adjusted PB Ratio among Steel companies is 0.92, based on 499 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. TOKYO TEKKO Co's current Cyclically Adjusted PB Ratio of 1.08 is 17.4% 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 TOKYO TEKKO Co and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOKYO TEKKO Co's current Cyclically Adjusted PB Ratio is 1.08, which is 140% above median its own 10-year median of 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOKYO TEKKO Co stock overvalued right now?
Based on GuruFocus' analysis, TOKYO TEKKO Co (TSE:5445) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,666.53, compared to a current price of 円1,966.00 — trading 18% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.08, which is 140% above median its 10-year median of 0.45 and 17.4% above the Steel industry median of 0.92. TOKYO TEKKO Co's overall GF Score™ is 62/100 with 1 warning sign 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 TOKYO TEKKO Co (TSE:5445), the current Cyclically Adjusted PB Ratio is 1.08 as of Aug. 12, 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 TOKYO TEKKO Co (TSE:5445) Overvalued in 2026?

Based on GuruFocus' analysis, TOKYO TEKKO Co stock appears to be overvalued. The current stock price of 円1,966.00 is trading 18% above its estimated GF Value™ of 円1,666.53. GuruFocus considers TOKYO TEKKO Co to be Modestly Overvalued.

Key valuation signals for TSE:5445:

  • Cyclically Adjusted PB Ratio: 1.08 (140% above median its 10-year median of 0.45)
  • GF Value™: 円1,666.53 vs. price of 円1,966.00 (18% above fair value)
  • GF Score™: 62/100 with 1 warning sign
  • Industry Position: 17.4% above the Steel median (#275 of 499)

No single metric tells the full story. See the TSE:5445 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TOKYO TEKKO Co Business Description

Address 520 Yokokura Shinden, Tochigi, Oyama, JPN, 1620824
TOKYO TEKKO Co Ltd is engaged in the production and sale of steel bars and processed products. It operates through segments: Steel Business and Others segment. The firm's steel business provides reinforced concrete steel bars, mechanical joints, and steel reinforced products. Additionally, it is engaged in the provision of freight transportation and equipment maintenance services.
62GF Score

Get the complete analysis for TSE:5445

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

円1,966.00
Price
円1,666.53
GF Value