Japan Engine (TSE:6016) Cyclically Adjusted PB Ratio: 9.60 (As of Aug. 13, 2026) — 1678% Above Median

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TSE:6016 Japan Engine Corp TSE:6016
75 GF Score
Price 円9,570.00
GF Value 円5,824.95
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Japan Engine Cyclically Adjusted PB Ratio?

Japan Engine TSE:6016 +4.02% 75 Cyclically Adjusted PB Ratio is 9.60 as of Aug. 13, 2026, which is 1678% above its 10-year median of 0.54. GuruFocus rates TSE:6016 with a GF Score™ of 75/100 and a GF Value™ of 円5,824.95 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,229 Industrial Products companies, Japan Engine ranks worse than 90.71% on this metric.

As of today (2026-08-13), Japan Engine's current share price is 円9570.00. Japan Engine's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円997.26. Japan Engine's Cyclically Adjusted PB Ratio for today is 9.60.

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

TSE:6016' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.54   Max: 15.91
Current: 9.6

During the past years, Japan Engine's highest Cyclically Adjusted PB Ratio was 15.91. The lowest was 0.17. And the median was 0.54.

TSE:6016's Cyclically Adjusted PB Ratio is ranked worse than
90.71% of 2229 companies
in the Industrial Products industry
Industry Median: 2.17 vs TSE:6016: 9.60

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.

Japan Engine's adjusted book value per share data for the three months ended in Mar. 2026 was 円2,193.414. 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997.26 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Japan Engine  (TSE:6016) 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.


Japan Engine Cyclically Adjusted PB Ratio Related Terms


Japan Engine Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Japan Engine'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.

Japan Engine Cyclically Adjusted PB Ratio Chart

Japan Engine 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 0.45 0.59 5.28 4.02 12.26

Japan Engine 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 7.87 11.93 12.59 12.26 0.00

TSE:6016 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Japan Engine'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.


Japan Engine Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


TSE:6016
75GF Score
Japan Engine Corp TSE:6016
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Japan Engine 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9570.00/997.26
=9.60

* 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.

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

For example, Japan Engine'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)
=2193.414/112.7000*112.7000
=2,193.414

Current CPI (Mar. 2026) = 112.7000.

Japan Engine Quarterly Data

Book Value per Share CPI Adj_Book
201606 562.778 98.100 646.535
201609 553.272 98.000 636.263
201612 533.605 98.400 611.151
201703 520.820 98.100 598.332
201706 525.492 98.500 601.248
201709 564.413 98.800 643.819
201712 574.674 99.400 651.567
201803 642.779 99.200 730.254
201806 626.737 99.200 712.029
201809 647.710 99.900 730.700
201812 653.142 99.700 738.306
201903 670.094 99.700 757.468
201906 668.500 99.800 754.909
201909 669.063 100.100 753.281
201912 679.172 100.500 761.619
202003 691.671 100.300 777.182
202006 695.946 99.900 785.116
202009 698.682 99.900 788.203
202012 704.587 99.300 799.667
202103 740.599 99.900 835.491
202106 756.933 99.500 857.350
202109 765.036 100.100 861.334
202112 769.058 100.100 865.863
202203 781.599 101.100 871.278
202206 787.864 101.800 872.223
202209 810.834 103.100 886.334
202212 840.693 104.100 910.145
202303 875.821 104.400 945.450
202306 896.553 105.200 960.471
202309 947.810 106.200 1,005.821
202312 998.718 106.800 1,053.891
202403 1,162.893 107.200 1,222.556
202406 1,343.265 108.200 1,399.131
202409 1,471.582 108.900 1,522.932
202412 1,579.627 110.700 1,608.166
202503 1,655.627 111.100 1,679.470
202506 1,796.288 111.700 1,812.369
202509 1,950.064 112.000 1,962.252
202512 2,092.358 113.000 2,086.803
202603 2,193.414 112.700 2,193.414

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 9.60 mean?
Japan Engine (TSE:6016) has a Cyclically Adjusted PB Ratio of 9.60 as of Aug. 13, 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 Japan Engine and its competitors. This is 1678% above median its historical median of 0.54. Over the past decade, Japan Engine's Cyclically Adjusted PB Ratio has ranged from 0.17 to 15.91. According to the industry distribution chart, Japan Engine ranks #2022 out of 2229 companies in the Industrial Products industry, placing it in the top 90.7%.
Is Japan Engine's Cyclically Adjusted PB Ratio too high?
Japan Engine's current Cyclically Adjusted PB Ratio of 9.60 is 1678% above median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 15.91. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.17. Japan Engine's value of 9.60 is 342.4% above this industry median. Based on the distribution chart, Japan Engine ranks #2022 out of 2229 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Japan Engine has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Japan Engine's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Japan Engine ranks #2022 out of 2229 companies for Cyclically Adjusted PB Ratio. This places Japan Engine in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.17. Japan Engine's value of 9.60 is 342.4% above this benchmark. Historically, Japan Engine's own Cyclically Adjusted PB Ratio has ranged from 0.17 to 15.91 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 2.17, Japan Engine 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 2.17, based on 2,229 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. Japan Engine's current Cyclically Adjusted PB Ratio of 9.60 is 342.4% 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 Japan Engine and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Engine's current Cyclically Adjusted PB Ratio is 9.60, which is 1678% above median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Engine stock overvalued right now?
Based on GuruFocus' analysis, Japan Engine (TSE:6016) is currently considered Significantly Overvalued. The stock's GF Value™ is 円5,824.95, compared to a current price of 円9,570.00 — trading 64.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 9.60, which is 1678% above median its 10-year median of 0.54 and 342.4% above the Industrial Products industry median of 2.17. Japan Engine's overall GF Score™ is 75/100 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 Japan Engine (TSE:6016), the current Cyclically Adjusted PB Ratio is 9.60 as of Aug. 13, 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 Japan Engine (TSE:6016) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Engine stock appears to be overvalued. The current stock price of 円9,570.00 is trading 64.3% above its estimated GF Value™ of 円5,824.95. GuruFocus considers Japan Engine to be Significantly Overvalued.

Key valuation signals for TSE:6016:

  • Cyclically Adjusted PB Ratio: 9.60 (1678% above median its 10-year median of 0.54)
  • GF Value™: 円5,824.95 vs. price of 円9,570.00 (64.3% above fair value)
  • GF Score™: 75/100 with 1 warning sign
  • Industry Position: 342.4% above the Industrial Products median (#2022 of 2229)

No single metric tells the full story. See the TSE:6016 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Japan Engine Business Description

Other Exchanges KDCLF:USA
Address 1-38, Minamifutami, Futami-cho, Hyogo Prefecture, Akashi, JPN, 674 0093
Japan Engine Corp is a Japanese company engaged in the production and sale of various types of UE diesel engines. It also manufactures machinery and equipment related to marine, factory automation and energy saving. The organization has a business presence in Japan and other countries.
75GF Score

Get the complete analysis for TSE:6016

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

円9,570.00
Price
円5,824.95
GF Value