Miura Co (TSE:6005) Cyclically Adjusted PB Ratio: 2.16 (As of Sep. 07, 2026) — 30% Below Median

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TSE:6005 Miura Co Ltd TSE:6005
92 GF Score
Price 円3,223.00
GF Value 円3,905.65
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Miura Co Cyclically Adjusted PB Ratio?

Miura Co TSE:6005 +1.32% 92 Cyclically Adjusted PB Ratio is 2.16 as of Sep. 07, 2026, which is 30% below its 10-year median of 3.08. GuruFocus rates TSE:6005 with a GF Score™ of 92/100 and a GF Value™ of 円3,905.65 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,099 Industrial Products companies, Miura Co ranks better than 50.26% on this metric.

As of today (2026-09-07), Miura Co's current share price is 円3223.00. Miura Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円1,493.95. Miura Co's Cyclically Adjusted PB Ratio for today is 2.16.

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

TSE:6005' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.96   Med: 3.08   Max: 6.61
Current: 2.13

During the past years, Miura Co's highest Cyclically Adjusted PB Ratio was 6.61. The lowest was 1.96. And the median was 3.08.

TSE:6005's Cyclically Adjusted PB Ratio is ranked better than
50.26% of 2099 companies
in the Industrial Products industry
Industry Median: 2.14 vs TSE:6005: 2.13

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.

Miura Co's adjusted book value per share data for the three months ended in Jun. 2026 was 円2,122.865. 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1,493.95 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Miura Co  (TSE:6005) 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.


Miura Co Cyclically Adjusted PB Ratio Related Terms


Miura Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Miura 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.

Miura Co Cyclically Adjusted PB Ratio Chart

Miura 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 2.93 2.97 2.35 2.19 2.13

Miura 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 2.11 2.08 2.12 2.13 2.10

TSE:6005 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Miura 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.


Miura Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


TSE:6005
92GF Score
Miura Co Ltd TSE:6005
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Miura 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3223.00/1493.95
=2.16

* 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.

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

For example, Miura 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)
=2122.865/113.6000*113.6000
=2,122.865

Current CPI (Jun. 2026) = 113.6000.

Miura Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 939.788 98.000 1,089.387
201612 972.170 98.400 1,122.343
201703 965.685 98.100 1,118.265
201706 969.231 98.500 1,117.814
201709 1,002.230 98.800 1,152.362
201712 1,023.359 99.400 1,169.553
201803 1,043.858 99.200 1,195.386
201806 1,044.755 99.200 1,196.413
201809 1,082.109 99.900 1,230.506
201812 1,080.394 99.700 1,231.021
201903 1,112.708 99.700 1,267.840
201906 1,099.668 99.800 1,251.726
201909 1,136.648 100.100 1,289.942
201912 1,164.043 100.500 1,315.774
202003 1,182.580 100.300 1,339.393
202006 1,186.954 99.900 1,349.729
202009 1,225.039 99.900 1,393.037
202012 1,251.686 99.300 1,431.939
202103 1,290.144 99.900 1,467.071
202106 1,287.430 99.500 1,469.870
202109 1,328.339 100.100 1,507.486
202112 1,353.149 100.100 1,535.642
202203 1,414.502 101.100 1,589.391
202206 1,437.273 101.800 1,603.872
202209 1,482.091 103.100 1,633.031
202212 1,476.226 104.100 1,610.944
202303 1,504.020 104.400 1,636.558
202306 1,526.010 105.200 1,647.859
202309 1,570.695 106.200 1,680.141
202312 1,572.590 106.800 1,672.717
202403 1,638.957 107.200 1,736.805
202406 0.000 108.200 0.000
202409 1,578.901 108.900 1,647.045
202412 1,811.781 110.700 1,859.244
202503 1,760.904 111.100 1,800.528
202506 1,739.614 111.700 1,769.205
202509 1,866.660 112.000 1,893.327
202512 1,989.370 113.000 1,999.933
202603 2,101.398 112.700 2,118.179
202606 2,122.865 113.600 2,122.865

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 2.16 mean?
Miura Co (TSE:6005) has a Cyclically Adjusted PB Ratio of 2.16 as of Sep. 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 Miura Co and its competitors. This is 30% below median its historical median of 3.08. Over the past decade, Miura Co's Cyclically Adjusted PB Ratio has ranged from 1.96 to 6.61. According to the industry distribution chart, Miura Co ranks #1044 out of 2099 companies in the Industrial Products industry, placing it in the top 49.7%.
Is Miura Co's Cyclically Adjusted PB Ratio too high?
Miura Co's current Cyclically Adjusted PB Ratio of 2.16 is 30% below median its 10-year median of 3.08. Over the past 10 years, this metric has ranged from a low of 1.96 to a high of 6.61. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.14. Miura Co's value of 2.16 is 0.9% above this industry median. Based on the distribution chart, Miura Co ranks #1044 out of 2099 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Miura Co has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Miura Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Miura Co ranks #1044 out of 2099 companies for Cyclically Adjusted PB Ratio. This puts Miura Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.14. Miura Co's value of 2.16 is 0.9% above this benchmark. Historically, Miura Co's own Cyclically Adjusted PB Ratio has ranged from 1.96 to 6.61 over the past decade. While the company's 10-year median is 3.08 vs. the industry median of 2.14, Miura 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.14, based on 2,099 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. Miura Co's current Cyclically Adjusted PB Ratio of 2.16 is 0.9% 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 Miura Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miura Co's current Cyclically Adjusted PB Ratio is 2.16, which is 30% below median its own 10-year median of 3.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miura Co stock overvalued right now?
Based on GuruFocus' analysis, Miura Co (TSE:6005) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,905.65, compared to a current price of 円3,223.00 — trading 17.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.16, which is 30% below median its 10-year median of 3.08 and 0.9% above the Industrial Products industry median of 2.14. Miura Co's overall GF Score™ is 92/100 with 5 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 Miura Co (TSE:6005), the current Cyclically Adjusted PB Ratio is 2.16 as of Sep. 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 Miura Co (TSE:6005) Overvalued in 2026?

Based on GuruFocus' analysis, Miura Co stock appears to be undervalued. The current stock price of 円3,223.00 is trading 17.5% below its estimated GF Value™ of 円3,905.65. GuruFocus considers Miura Co to be Modestly Undervalued.

Key valuation signals for TSE:6005:

  • Cyclically Adjusted PB Ratio: 2.16 (30% below median its 10-year median of 3.08)
  • GF Value™: 円3,905.65 vs. price of 円3,223.00 (17.5% below fair value)
  • GF Score™: 92/100 with 5 warning signs
  • Industry Position: 0.9% above the Industrial Products median (#1044 of 2099)

No single metric tells the full story. See the TSE:6005 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Miura Co Business Description

Other Exchanges MIURF:USA
Address 7 Horie-cho, Matsuyama, Ehime, JPN, 799-2696
Miura Co Ltd is a Japan-based company engaged in the manufacture, sale, and maintenance of boilers, related equipment, and energy systems. The company operates through four segments. The Domestic Equipment Sales segment provides boilers, marine equipment, compressors, heat pumps, and recovery systems, while Domestic Maintenance offers maintenance management, inspections, energy systems, leasing, and parts. The Overseas Equipment Sales segment supplies boilers, compressors, water treatment, and vacuum equipment, and the Overseas Maintenance segment handles inspections, contracts, and parts. The Others segment includes property management and insurance services.
92GF Score

Get the complete analysis for TSE:6005

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

円3,223.00
Price
円3,905.65
GF Value