Kurimoto (TSE:5602) Cyclically Adjusted PB Ratio: 1.44 (As of Aug. 07, 2026) — 213% Above Median

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TSE:5602 Kurimoto Ltd TSE:5602
68 GF Score
Price 円1,704.00
GF Value 円912.48
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Kurimoto Cyclically Adjusted PB Ratio?

Kurimoto TSE:5602 +11.52% 68 Cyclically Adjusted PB Ratio is 1.44 as of Aug. 07, 2026, which is 213% above its 10-year median of 0.46. GuruFocus rates TSE:5602 with a GF Score™ of 68/100 and a GF Value™ of 円912.48 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 500 Steel companies, Kurimoto ranks worse than 63.8% on this metric.

As of today (2026-08-07), Kurimoto's current share price is 円1704.00. Kurimoto's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,179.35. Kurimoto's Cyclically Adjusted PB Ratio for today is 1.44.

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

TSE:5602' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.46   Max: 1.71
Current: 1.28

During the past years, Kurimoto's highest Cyclically Adjusted PB Ratio was 1.71. The lowest was 0.35. And the median was 0.46.

TSE:5602's Cyclically Adjusted PB Ratio is ranked worse than
63.8% of 500 companies
in the Steel industry
Industry Median: 0.9 vs TSE:5602: 1.28

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.

Kurimoto's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,554.940. 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1,179.35 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kurimoto  (TSE:5602) 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.


Kurimoto Cyclically Adjusted PB Ratio Related Terms


Kurimoto Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kurimoto'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.

Kurimoto Cyclically Adjusted PB Ratio Chart

Kurimoto 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 0.36 0.43 0.80 0.83 1.29

Kurimoto 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 0.83 1.01 1.62 1.44 1.29

TSE:5602 vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, Kurimoto'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.


Kurimoto Cyclically Adjusted PB Ratio vs Steel Industry

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

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


TSE:5602
68GF Score
Kurimoto Ltd TSE:5602
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kurimoto 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1704.00/1179.35
=1.44

* 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.

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

For example, Kurimoto'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)
=1554.94/112.7000*112.7000
=1,554.940

Current CPI (Mar. 2026) = 112.7000.

Kurimoto Quarterly Data

Book Value per Share CPI Adj_Book
201603 746.870 97.900 859.778
201606 798.239 98.100 917.039
201609 824.380 98.000 948.037
201612 840.182 98.400 962.282
201703 888.103 98.100 1,020.277
201706 902.016 98.500 1,032.053
201709 914.172 98.800 1,042.785
201712 932.941 99.400 1,057.771
201803 931.616 99.200 1,058.398
201806 922.260 99.200 1,047.769
201809 936.917 99.900 1,056.962
201812 921.765 99.700 1,041.955
201903 926.703 99.700 1,047.537
201906 912.660 99.800 1,030.629
201909 925.068 100.100 1,041.510
201912 956.802 100.500 1,072.951
202003 950.186 100.300 1,067.657
202006 957.753 99.900 1,080.468
202009 975.201 99.900 1,100.152
202012 1,005.925 99.300 1,141.669
202103 1,049.157 99.900 1,183.584
202106 1,039.004 99.500 1,176.842
202109 1,046.631 100.100 1,178.375
202112 1,057.226 100.100 1,190.303
202203 1,087.345 101.100 1,212.105
202206 1,091.344 101.800 1,208.197
202209 1,108.463 103.100 1,211.676
202212 1,153.137 104.100 1,248.401
202303 1,173.020 104.400 1,266.277
202306 1,209.325 105.200 1,295.541
202309 1,266.779 106.200 1,344.313
202312 1,281.351 106.800 1,352.137
202403 1,348.706 107.200 1,417.903
202406 1,367.663 108.200 1,424.544
202409 1,368.257 108.900 1,416.002
202503 1,446.187 111.100 1,467.014
202506 1,428.557 111.700 1,441.346
202509 1,472.822 112.000 1,482.027
202512 1,478.787 113.000 1,474.861
202603 1,554.940 112.700 1,554.940

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 1.44 mean?
Kurimoto (TSE:5602) has a Cyclically Adjusted PB Ratio of 1.44 as of Aug. 07, 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 Kurimoto and its competitors. This is 213% above median its historical median of 0.46. Over the past decade, Kurimoto's Cyclically Adjusted PB Ratio has ranged from 0.35 to 1.71. According to the industry distribution chart, Kurimoto ranks #319 out of 500 companies in the Steel industry, placing it in the top 63.8%.
Is Kurimoto's Cyclically Adjusted PB Ratio too high?
Kurimoto's current Cyclically Adjusted PB Ratio of 1.44 is 213% above median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 1.71. The Steel industry median Cyclically Adjusted PB Ratio is 0.90. Kurimoto's value of 1.44 is 60% above this industry median. Based on the distribution chart, Kurimoto ranks #319 out of 500 companies in the Steel industry, which is below the industry midpoint. Overall, Kurimoto has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kurimoto's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Kurimoto ranks #319 out of 500 companies for Cyclically Adjusted PB Ratio. This places Kurimoto in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.90. Kurimoto's value of 1.44 is 60% above this benchmark. Historically, Kurimoto's own Cyclically Adjusted PB Ratio has ranged from 0.35 to 1.71 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 0.90, Kurimoto 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 0.90, based on 500 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. Kurimoto's current Cyclically Adjusted PB Ratio of 1.44 is 60% 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 Kurimoto and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kurimoto's current Cyclically Adjusted PB Ratio is 1.44, which is 213% above median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kurimoto stock overvalued right now?
Based on GuruFocus' analysis, Kurimoto (TSE:5602) is currently considered Significantly Overvalued. The stock's GF Value™ is 円912.48, compared to a current price of 円1,704.00 — trading 86.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.44, which is 213% above median its 10-year median of 0.46 and 60% above the Steel industry median of 0.90. Kurimoto's overall GF Score™ is 68/100 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 Kurimoto (TSE:5602), the current Cyclically Adjusted PB Ratio is 1.44 as of Aug. 07, 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 Kurimoto (TSE:5602) Overvalued in 2026?

Based on GuruFocus' analysis, Kurimoto stock appears to be overvalued. The current stock price of 円1,704.00 is trading 86.7% above its estimated GF Value™ of 円912.48. GuruFocus considers Kurimoto to be Significantly Overvalued.

Key valuation signals for TSE:5602:

  • Cyclically Adjusted PB Ratio: 1.44 (213% above median its 10-year median of 0.46)
  • GF Value™: 円912.48 vs. price of 円1,704.00 (86.7% above fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 60% above the Steel median (#319 of 500)

No single metric tells the full story. See the TSE:5602 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kurimoto Business Description

Address 1-12-19 Kitahorie, Nishi-ku, Osaka-shi, Osaka, JPN, 550-8580
Kurimoto Ltd engages in the business of ductile iron pipes and construction materials. The Pipe System products include ductile iron pipes, fittings, accessories, and valves, disaster prevention products, road, railway, and information and communication-related products. The firm also manufactures and sells industrial machines such as mixers, kneaders, and press machines; special cast irons and cast steel; and plant engineering. In addition, the company offers to separate and convey products, dredge pumps, sanitary and air conditioning equipment, civil engineering material products, construction materials, winding core pipes, fiber reinforced plastics, and pharmaceutical equipment.
68GF Score

Get the complete analysis for TSE:5602

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

円1,704.00
Price
円912.48
GF Value