Amatei (TSE:5952) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:5952 Amatei Inc TSE:5952
59 GF Score
Price 円190.00
GF Value 円152.22
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Amatei Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Amatei  (TSE:5952) 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.


Amatei Cyclically Adjusted PB Ratio Related Terms


Amatei Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Amatei'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.

Amatei Cyclically Adjusted PB Ratio Chart

Amatei 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 1.25 1.19 1.37 1.52 1.61

Amatei 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 1.44 1.58 1.58 1.64 1.49

TSE:5952 vs SNA, RBC, LECO: Cyclically Adjusted PB Ratio Comparison

For the Tools & Accessories subindustry, Amatei'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.


Amatei Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Amatei's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:5952
59GF Score
Amatei Inc TSE:5952
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Amatei 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.

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

For example, Amatei'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)
=131.123/113.6000*113.6000
=131.123

Current CPI (Jun. 2026) = 113.6000.

Amatei Quarterly Data

Book Value per Share CPI Adj_Book
201609 92.618 98.000 107.361
201612 97.468 98.400 112.524
201703 98.234 98.100 113.755
201706 99.432 98.500 114.675
201709 103.327 98.800 118.805
201712 105.976 99.400 121.115
201803 103.718 99.200 118.774
201806 101.125 99.200 115.804
201809 99.728 99.900 113.404
201812 102.694 99.700 117.011
201903 104.841 99.700 119.458
201906 103.500 99.800 117.812
201909 103.785 100.100 117.782
201912 103.731 100.500 117.252
202003 101.841 100.300 115.345
202006 100.528 99.900 114.314
202009 100.182 99.900 113.921
202012 101.737 99.300 116.388
202103 102.491 99.900 116.546
202106 99.330 99.500 113.406
202109 96.992 100.100 110.073
202112 97.877 100.100 111.077
202203 99.846 101.100 112.191
202206 99.936 101.800 111.520
202209 101.491 103.100 111.827
202212 107.276 104.100 117.066
202303 106.046 104.400 115.391
202306 108.119 105.200 116.752
202309 109.640 106.200 117.280
202312 113.964 106.800 121.220
202403 115.780 107.200 122.692
202406 116.731 108.200 122.557
202409 118.703 108.900 123.826
202412 124.134 110.700 127.386
202503 125.261 111.100 128.080
202506 124.918 111.700 127.043
202509 127.550 112.000 129.372
202512 131.221 113.000 131.918
202603 132.690 112.700 133.750
202606 131.123 113.600 131.123

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 Amatei (TSE:5952) Overvalued in 2026?

Based on GuruFocus' analysis, Amatei stock appears to be overvalued. The current stock price of 円190.00 is trading 24.8% above its estimated GF Value™ of 円152.22. GuruFocus considers Amatei to be Modestly Overvalued.

Key valuation signals for TSE:5952:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円152.22 vs. price of 円190.00 (24.8% above fair value)
  • GF Score™: 59/100 with 4 warning signs

No single metric tells the full story. See the TSE:5952 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Amatei Business Description

Address 9, Nishi-Takasu-cho, Hyogo Prefecture, Amagasaki-shi, JPN
Amatei Inc is engaged manufacturing and sale of ordinary nails, special nails, screws, various connecting nails, building materials and nailing machines. The company has two segments: the Construction and Packaging segment and the Electrical and transportation equipment segment. The Construction and Packaging segment is engaged in the manufacture and sale of ordinary nails, special nails, various connecting nails, building materials, nail guns, etc.
59GF Score

Get the complete analysis for TSE:5952

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

円190.00
Price
円152.22
GF Value