JMACS Japan Co (TSE:5817) Cyclically Adjusted PB Ratio: 0.96 (As of Aug. 14, 2026) — 100% Above Median

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TSE:5817 JMACS Japan Co TSE:5817
55 GF Score
Price 円1,015.00
GF Value 円516.19
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is JMACS Japan Co Cyclically Adjusted PB Ratio?

JMACS Japan Co TSE:5817 -0.88% 55 Cyclically Adjusted PB Ratio is 0.96 as of Aug. 14, 2026, which is 100% above its 10-year median of 0.48. GuruFocus rates TSE:5817 with a GF Score™ of 55/100 and a GF Value™ of 円516.19 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,963 Hardware companies, JMACS Japan Co ranks better than 72.95% on this metric.

As of today (2026-08-14), JMACS Japan Co's current share price is 円1015.00. JMACS Japan Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was 円1,061.99. JMACS Japan Co's Cyclically Adjusted PB Ratio for today is 0.96.

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

TSE:5817' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.48   Max: 1.76
Current: 0.94

During the past years, JMACS Japan Co's highest Cyclically Adjusted PB Ratio was 1.76. The lowest was 0.30. And the median was 0.48.

TSE:5817's Cyclically Adjusted PB Ratio is ranked better than
72.95% of 1963 companies
in the Hardware industry
Industry Median: 2.08 vs TSE:5817: 0.94

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.

JMACS Japan Co's adjusted book value per share data for the three months ended in Feb. 2026 was 円1,004.869. 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1,061.99 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


JMACS Japan Co  (TSE:5817) 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.


JMACS Japan Co Cyclically Adjusted PB Ratio Related Terms


JMACS Japan Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for JMACS Japan 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.

JMACS Japan Co Cyclically Adjusted PB Ratio Chart

JMACS Japan Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.51 0.53 0.44 1.65

JMACS Japan Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.38 0.43 0.55 1.65 0.00

TSE:5817 vs CSCO, MSI, HPE: Cyclically Adjusted PB Ratio Comparison

For the Communication Equipment subindustry, JMACS Japan 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.


JMACS Japan Co Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, JMACS Japan Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:5817
55GF Score
JMACS Japan Co TSE:5817
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JMACS Japan 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1015.00/1061.99
=0.96

* 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.

JMACS Japan Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 is calculated as:

For example, JMACS Japan Co's adjusted Book Value per Share data for the three months ended in Feb. 2026 was:

Adj_Book=Book Value per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=1004.869/112.2000*112.2000
=1,004.869

Current CPI (Feb. 2026) = 112.2000.

JMACS Japan Co Quarterly Data

Book Value per Share CPI Adj_Book
201602 990.782 97.800 1,136.664
201605 978.770 98.200 1,118.310
201608 971.454 97.900 1,113.352
201611 980.200 98.600 1,115.400
201702 992.549 98.100 1,135.209
201705 984.077 98.600 1,119.812
201708 981.466 98.500 1,117.974
201711 992.161 99.100 1,123.314
201802 994.100 99.500 1,120.985
201805 967.627 99.300 1,093.331
201808 955.465 99.800 1,074.180
201811 957.879 100.000 1,074.740
201902 953.787 99.700 1,073.369
201905 939.816 100.000 1,054.474
201908 933.642 100.000 1,047.546
201911 955.857 100.500 1,067.136
202002 958.621 100.300 1,072.356
202005 945.121 100.100 1,059.366
202008 930.658 100.100 1,043.155
202011 940.821 99.500 1,060.906
202102 944.945 99.800 1,062.353
202105 949.750 99.400 1,072.052
202108 959.407 99.700 1,079.694
202111 959.840 100.100 1,075.865
202202 946.740 100.700 1,054.858
202205 952.188 101.800 1,049.465
202208 966.926 102.700 1,056.369
202211 983.655 103.900 1,062.234
202302 982.414 104.000 1,059.874
202305 981.848 105.100 1,048.176
202308 985.089 105.900 1,043.692
202311 972.417 106.900 1,020.629
202402 1,010.151 106.900 1,060.233
202405 1,024.201 108.100 1,063.047
202408 1,019.969 109.100 1,048.951
202502 931.246 110.800 943.013
202505 930.009 111.800 933.336
202508 954.388 112.100 955.239
202511 972.556 113.200 963.965
202602 1,004.869 112.200 1,004.869

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 0.96 mean?
JMACS Japan Co (TSE:5817) has a Cyclically Adjusted PB Ratio of 0.96 as of Aug. 14, 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 JMACS Japan Co and its competitors. This is 100% above median its historical median of 0.48. Over the past decade, JMACS Japan Co's Cyclically Adjusted PB Ratio has ranged from 0.30 to 1.76. According to the industry distribution chart, JMACS Japan Co ranks #531 out of 1963 companies in the Hardware industry, placing it in the top 27.1%.
Is JMACS Japan Co's Cyclically Adjusted PB Ratio too high?
JMACS Japan Co's current Cyclically Adjusted PB Ratio of 0.96 is 100% above median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 1.76. The Hardware industry median Cyclically Adjusted PB Ratio is 2.08. JMACS Japan Co's value of 0.96 is 53.8% below this industry median. Based on the distribution chart, JMACS Japan Co ranks #531 out of 1963 companies in the Hardware industry, which is above the industry midpoint. Overall, JMACS Japan Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JMACS Japan Co's Cyclically Adjusted PB Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, JMACS Japan Co ranks #531 out of 1963 companies for Cyclically Adjusted PB Ratio. This puts JMACS Japan Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. JMACS Japan Co's value of 0.96 is 53.8% below this benchmark. Historically, JMACS Japan Co's own Cyclically Adjusted PB Ratio has ranged from 0.30 to 1.76 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 2.08, JMACS Japan 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.08, based on 1,963 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. JMACS Japan Co's current Cyclically Adjusted PB Ratio of 0.96 is 53.8% 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 JMACS Japan Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JMACS Japan Co's current Cyclically Adjusted PB Ratio is 0.96, which is 100% above median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JMACS Japan Co stock overvalued right now?
Based on GuruFocus' analysis, JMACS Japan Co (TSE:5817) is currently considered Significantly Overvalued. The stock's GF Value™ is 円516.19, compared to a current price of 円1,015.00 — trading 96.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.96, which is 100% above median its 10-year median of 0.48 and 53.8% below the Hardware industry median of 2.08. JMACS Japan Co's overall GF Score™ is 55/100 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 JMACS Japan Co (TSE:5817), the current Cyclically Adjusted PB Ratio is 0.96 as of Aug. 14, 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 JMACS Japan Co (TSE:5817) Overvalued in 2026?

Based on GuruFocus' analysis, JMACS Japan Co stock appears to be overvalued. The current stock price of 円1,015.00 is trading 96.6% above its estimated GF Value™ of 円516.19. GuruFocus considers JMACS Japan Co to be Significantly Overvalued.

Key valuation signals for TSE:5817:

  • Cyclically Adjusted PB Ratio: 0.96 (100% above median its 10-year median of 0.48)
  • GF Value™: 円516.19 vs. price of 円1,015.00 (96.6% above fair value)
  • GF Score™: 55/100 with 1 warning sign
  • Industry Position: 53.8% below the Hardware median (#531 of 1963)

No single metric tells the full story. See the TSE:5817 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JMACS Japan Co Business Description

Address 127-1 Morio, Hyogo Prefecture, Kato, JPN, 673-1331
JMACS Japan Co is engaged in the manufacture and sales of industrial products, entrusted development of automation and labor-saving systems, instrumentation cable, control cable, communication cable, optical fiber cable, and other low-current electric wires.
55GF Score

Get the complete analysis for TSE:5817

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

円1,015.00
Price
円516.19
GF Value