Chofu Seisakusho Co (TSE:5946) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

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TSE:5946 Chofu Seisakusho Co Ltd TSE:5946
68 GF Score
Price 円1,983.00
GF Value 円1,989.24
Valuation Fairly Valued
! 4 Warning Signs
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What is Chofu Seisakusho Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Chofu Seisakusho Co  (TSE:5946) 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.


Chofu Seisakusho Co Cyclically Adjusted PB Ratio Related Terms


Chofu Seisakusho Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Chofu Seisakusho 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.

Chofu Seisakusho Co Cyclically Adjusted PB Ratio Chart

Chofu Seisakusho Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.52 0.53 0.49 0.50

Chofu Seisakusho Co 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 0.46 0.48 0.50 0.49 0.49

TSE:5946 vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Chofu Seisakusho 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.


Chofu Seisakusho Co Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Chofu Seisakusho Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:5946
68GF Score
Chofu Seisakusho Co Ltd TSE:5946
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Chofu Seisakusho 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.

Chofu Seisakusho Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Chofu Seisakusho Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=4111.118/113.6000*113.6000
=4,111.118

Current CPI (Jun. 2026) = 113.6000.

Chofu Seisakusho Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 3,425.244 98.000 3,970.487
201612 3,482.929 98.400 4,020.942
201703 3,486.559 98.100 4,037.442
201706 3,518.511 98.500 4,057.897
201709 3,519.951 98.800 4,047.231
201712 3,573.794 99.400 4,084.336
201803 3,556.129 99.200 4,072.341
201806 3,585.721 99.200 4,106.229
201809 3,582.332 99.900 4,073.603
201812 3,574.093 99.700 4,072.387
201903 3,582.130 99.700 4,081.544
201906 3,547.732 99.800 4,038.300
201909 3,550.074 100.100 4,028.855
201912 3,595.795 100.500 4,064.501
202003 3,515.598 100.300 3,981.774
202006 3,560.101 99.900 4,048.323
202009 3,592.519 99.900 4,085.187
202012 3,633.745 99.300 4,157.034
202103 3,677.154 99.900 4,181.428
202106 3,678.363 99.500 4,199.618
202109 3,686.400 100.100 4,183.567
202112 3,693.222 100.100 4,191.309
202203 3,676.699 101.100 4,131.286
202206 3,691.380 101.800 4,119.261
202209 3,706.063 103.100 4,083.499
202212 3,737.467 104.100 4,078.542
202303 3,789.708 104.400 4,123.667
202306 3,855.576 105.200 4,163.436
202309 3,869.221 106.200 4,138.828
202312 3,916.062 106.800 4,165.399
202403 3,946.620 107.200 4,182.239
202406 3,979.090 108.200 4,177.677
202409 3,939.125 108.900 4,109.133
202412 3,977.467 110.700 4,081.664
202503 3,955.960 111.100 4,044.978
202506 3,942.978 111.700 4,010.047
202509 3,968.734 112.000 4,025.430
202512 4,050.669 113.000 4,072.177
202603 4,084.724 112.700 4,117.344
202606 4,111.118 113.600 4,111.118

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.

Is Chofu Seisakusho Co (TSE:5946) Overvalued in 2026?

Based on GuruFocus' analysis, Chofu Seisakusho Co stock appears to be undervalued. The current stock price of 円1,983.00 is trading 0.3% below its estimated GF Value™ of 円1,989.24. GuruFocus considers Chofu Seisakusho Co to be Fairly Valued.

Key valuation signals for TSE:5946:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円1,989.24 vs. price of 円1,983.00 (0.3% below fair value)
  • GF Score™: 68/100 with 4 warning signs

No single metric tells the full story. See the TSE:5946 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chofu Seisakusho Co Business Description

Address 2-1 Chofu ogimachi, Shimonoseki-shi, Yamaguchi, JPN, 752-8555
Chofu Seisakusho Co Ltd is a Japanese manufacturing company that produces and sells water heaters, air conditioners, heat pump systems, solar equipment, and Kitchen related, commercial household equipment . It operates solely across Japan. These operations are divided among its sales and marketing, manufacturing and engineering, research and development, and quality control activities.
68GF Score

Get the complete analysis for TSE:5946

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

円1,983.00
Price
円1,989.24
GF Value